The kitchen is the heart of the home, and it’s the most highly valued room by buyers, so you want to make it show its best. Here are some tips to create a captivating kitchen: You can cut down on visual clutter by removing items you normally store on the counter. This will help your [...]
The IRD is what the banks charge if you pay OFF your mortgage prior to the maturity date, or pay the mortgage principal down beyond the amount of your prepayment privileges. The scariest part about Interest Rate differentials is that each lender has their own formula for calculating them. I don’t know how many times [...]
As seen in the Globe and Mail My husband and I are pretty competitive, always trying to one-up each other. It was to my chagrin, therefore, when I learned that although my credit score is excellent, his is better. I have never missed a bill payment, never carried a balance, so what could be holding [...]
My good friend Dean Jackson once told me this, having listings will NOT make you a more successful real estate agent….only SOLD listings count. Second, getting “famous” in a farm area does not equal getting “Rich” as a listing agent. Here’s the evolution that most agents go through to some extent throughout their career. As [...]
Rental offset is the percentage of rental income a borrower receives that the lender is willing to use to qualify him/her for a mortgage. Specifically, the use of 80% rental offset will be eliminated on April 19, 2010. It will be replaced with a 50% add-back calculation. This will have a significant impact on how much [...]
An investigation by Globe reporters Greg McArthur and Jacquie McNish has uncovered a burgeoning subprime mortgage problem that many, including Prime Minister Stephen Harper, have insisted does not exist in Canada GREG MCARTHUR AND JACQUIE MCNISH March 14, 2009 From the ramshackle, plywood deck on Brad Goodyear’s rural Vancouver Island home, most people see piles [...]
