TORONTO, April 19 /CNW/ - New homebuyers eager to jump into Canada's
sizzling housing market can look to the Internet's hottest new medium for
answers to their most common questions. BMO Bank of Montreal has teamed up
with Sandra Rinomato, host of a popular reality television series for first
time home buyers, to launch the new series of audio information segments aimed
at informing those entering the real estate market for the first time.
The free, weekly podcast will be available for download on the BMO.com
websites as well as on iTunes and other podcast distributors. The series will
take listeners through the decisions faced by those new to the home buying
process, educating them on big-picture issues, while providing them with
critical details and investigating some common myths.
Sandra will consult with industry experts, such as Canada Mortgage and
Housing Corporation Chief Economist Bob Dugan, Gary McRae of Coldwell Banker
Terrequity Realty, as well as BMO mortgage experts Laura Parsons and John
Turner, to guide new homebuyers through the home buying process.
"Purchasing a first home can be a complex and sometimes confusing
process," said Cid Palacio, Vice President, BMO Bank of Montreal. "By
developing and presenting this podcast series we want to help arm new home
buyers with the information they need to overcome their anxiety and enter the
market with confidence."
Throughout the series these experts will provide podcast listeners with
the knowledge they need to make informed decisions on the purchase of their
first home. Podcast topics will include:
- Looking at the "big picture" - outlining recent housing market
trends, analyzing potential changes and detailing how these
changes might affect new homebuyers.
- Mortgage Approval 101 - guiding new homebuyers on the process of
applying for and securing a mortgage.
- Making the Purchase - educating new homebuyers on the many factors
they should consider when purchasing a home, as well as a
breakdown of the additional costs they may encounter.
- Debunking the Home Buying Myths - a point-by-point analysis that
investigates some of the common myths often encountered by new
"The recent rise in real estate values, particularly in major cities and
ever-fluctuating interest rates has left many young Canadians anxious about
their prospects for purchasing a home," said Rinomato. "Fears are often
aggravated by myths about mortgage qualifications and market trends."
"Today's first-time homebuyers are often Internet-savvy young people, who
look to the web for answers to their endless list of questions. The podcast is
the perfect, interactive medium to engage these newcomers in the housing
market and help them through the process," she noted.
About Sandra Rinomato
A property expert in the Toronto area for more than 12 years, Sandra
Rinomato hosts a popular reality television series for first time homebuyers.
She has focused her career on achieving the best possible outcome for her
clients. Whether buying or selling a home, "setting the stage for an
outstanding performance" is Sandra's specialty. There is a formula for success
in selling real estate, and Sandra uses it! With her upfront honesty, and "go
that extra mile" attitude, Sandra's effective negotiating skills combined with
her expertise and professionalism are a true value-add for all real estate
About BMO Bank of Montreal
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly
diversified North American financial services organization. With total assets
of $356 billion as at January 31, 2007, and more than 35,000 employees, BMO
provides a broad range of retail banking, wealth management and investment
banking products and solutions. BMO Financial Group serves clients across
Canada through its Canadian retail arm, BMO Bank of Montreal and through its
wealth management firms BMO Nesbitt Burns, BMO InvestorLine and BMO Harris
Private Banking. BMO Capital Markets, our North American investment and
corporate banking division, provides a full suite of financial products and
services to our North American and international clients. In the United
States, BMO serves clients through Chicago-based Harris, an integrated
financial services organization that provides more than one million personal
and business clients with banking, lending, investing, financial planning,
trust administration, portfolio management, family office and wealth transfer
For further information:
For further information: Michael Edmonds, Toronto,
firstname.lastname@example.org, (416) 867-3996; Lucie Gosselin, Montreal,
email@example.com, (514) 877-1101; Laurie Grant, Vancouver,
firstname.lastname@example.org, (604) 665-7596; Internet: www.bmo.com