With the HST still a mass of confusion, certain markets are still feeling the pinch. Victoria housing starts also down due to lack of multi-family projects. Travis Archibald, senior market analyst with CMHC says Everything has been pretty slow across the Island over the first few months, but he’s still optimistic about the summer and [...]
I remember years ago when I actually clued in to how much money our family was wasting. This article in the Globe & Mail is soooo true. Save yourself thousands – Robin Schade, a 25-year-old student and business owner from Calgary, used to pay $122 a month in bank fees and unnecessary insurance. She paid [...]
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 [...]
That’s the question on every homeowners mind. There are two key survival strategies. The first is to think long term, have a plan and stick to it. History shows that this plan of action can pay off. The second tactic is to outperform the market. This means ensuring your property increases in value at a [...]
Although this changed at the end of 2009, I’ve had several question so I’ll revisit it below Re: Amendments to the Strata Property Act Concerning Rentals Announcement There has been a shortage of rental units for years in British Columbia. In order to address this, the Provincial Government recently passed legislation dealing with the rental [...]
The foreclosure process with Tony Spagnuolo, owner of Spagnuolo & Company Make sure you watch BOTH videos below. Part 1 & 2 below Foreclosure scares people because it means they may lose their house. But if you face foreclosure, you may still be able to help yourself if you understand what it is and how [...]
What most DON’T know about High Ratio Insurance Vancouver Mortgage Broker Mark Fidgett explains High Ratio Mortgages Banks and financial institutions are not allowed to lend against real estate mortgages unless the down payment is at least 20% of the value of the property. In order to achieve a higher level of financing, lenders need [...]
1. Have you explored all your options? Once you receive your mortgage renewal statement, there’s nothing easier than simply signing on for another term. DON’T DO IT! This is the number 1 reason I’m referred to so many clients. Unlike the bank, I offer you the BEST renewal rates possible. I’ve never understood why banks [...]
