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Friday, July 29, 2011
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Here is a great article from the Province Newspaper. Canadians belive in our real estate market!tp://www.theprovince.com/business/Canadian+investors+stay+confident/5171358/story.html
posted in General
at Fri, 29 Jul 2011 00:23:10 -0700
Thursday, November 18, 2010
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This is a good article. I received it from TD Canada Trust and thought it was good information for anyone thinking of entering into a new mortgage. \
How can mortgage rates be going up when prime is so low? And how do you choose whether to go short or long term on your mortgage when it comes up for renewal? Now just imagine the family dinner conversation where your brother or sister declares utter confusion at how the prime rate could drop on the same day that rates went up for fixed mortgag ...
Full Article...
posted in General
at Thu, 18 Nov 2010 11:07:08 -0800
Thursday, November 18, 2010
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This is a good article. I received it from TD Canada Trust and thought it was good information for anyone thinking of entering into a new mortgage. \
How can mortgage rates be going up when prime is so low? And how do you choose whether to go short or long term on your mortgage when it comes up for renewal? Now just imagine the family dinner conversation where your brother or sister declares utter confusion at how the prime rate could drop on the same day that rates went up for fixed mortgag ...
Full Article...
posted in General
at Thu, 18 Nov 2010 11:07:08 -0800
Tuesday, October 5, 2010
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Article from the province indicates that we can expect a normal market.
http://www.theprovince.com/business/Fall+housing+market+improve/3625026/story.html
posted in General
at Tue, 05 Oct 2010 21:57:23 -0700
Tuesday, October 5, 2010
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Article from the province indicates that we can expect a normal market.
http://www.theprovince.com/business/Fall+housing+market+improve/3625026/story.html
posted in General
at Tue, 05 Oct 2010 21:57:17 -0700
Friday, October 1, 2010
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There has never been set commissions in our industry. There has always been a variety of different commission structures available to the public. I do not think this is a drastic as the media is making it out to be. If you have any questions about this article, or if there is anything else that I can help you with call me anytime on my cell phone or send me an email! http://www.financialpost.com/news/Landmark+deal+transform+Canadian+real+estate+market/3605505/story.html
4 Open Houses booke ...
Full Article...
posted in General
at Fri, 01 Oct 2010 20:52:53 -0700
Friday, October 1, 2010
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There has never been set commissions in our industry. There has always been a variety of different commission structures available to the public. I do not think this is a drastic as the media is making it out to be. If you have any questions about this article, or if there is anything else that I can help you with call me anytime on my cell phone or send me an email! http://www.financialpost.com/news/Landmark+deal+transform+Canadian+real+estate+market/3605505/story.html
4 Open Houses booke ...
Full Article...
posted in General
at Fri, 01 Oct 2010 20:52:45 -0700
In working with a lot of buyers it has come to my attention that consumers are not clear on how H.S.T affects them when buying Real Estate.
I think that it is important that the public realizes that H.S.T. does not affect re sale residential properties. As far as residential is concerned, It only affects new construction and on new construction up to $525,000 there is a 71.43% rebate available for principal residents. Therefore, H.S.T. does not have a huge affect on Real Estate in Mission. I ...
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posted in General
at Tue, 21 Sep 2010 12:53:16 -0700
MAJORITY OF ATTACHED HOMES IN FRASER VALLEY FALL UNDER HST THRESHOLD
SURREY, BC ? The Fraser Valley will offer buyers of new homes noticeable savings after July 1 when the Harmonized Sales Tax (HST) comes into effect, according to the Fraser Valley Real Estate Board.
Deanna Horn, President of the board explains, ?Since the majority of new townhomes, apartments, as well as select, new single family homes in our region sell for less than $525,000, the BC new housing rebate threshold in BC, the im ...
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at Tue, 29 Jun 2010 11:32:18 -0700
Tuesday, June 15, 2010
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FRASER VALLEY BUYERS ENJOY ABUNDANT SELECTION
Property buyers continued to see an increase in selection while sellers faced more competition as listings grew and sales decreased on Fraser Valley’s Multiple Listing Service® (MLS®) in May. The Fraser Valley Real Estate Board posted 1,477 sales in May, a decrease of 2 per cent compared to the 1,501 sales processed on the MLS® during May 2009. At the same time, the Board received 3,457 new listings, taking the number of active listings to ...
Full Article...
posted in General
at Tue, 15 Jun 2010 14:52:39 -0700
Tuesday, June 15, 2010
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Here is the latest Renovation and home purchase report from CMHC. Complete report is attached for detailed information. Summery 6% of Canadian households bought a home in 2009 43% were first-time buyers (up from 36% in 2008) 35% of buyers were age 18-34 66% bought a home that was more expensive than their previous residence; 22% bought a less expensive home 59% bought a larger home; 24% downsized 74% bought an existing home; 22% bought new construction 55% purchased a single-detached h ...
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at Tue, 15 Jun 2010 14:51:44 -0700
Many people in Mission have unauthorzied accomodations in their homes. Here is some good information to keep in mind if the city is not aware of your suite.
City eyes suite deals by Carol Aunhttp://www.bclocalnews.com/fraser_valley/missioncityrecord/news/90249092.html
Mission Record
Mission council is taking a closer look at secondary suites, and at owners who are avoiding paying the municipal taxes on them.
The topic is expected to draw a lot of interest from the public after the idea w ...
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posted in General
at Fri, 16 Apr 2010 19:50:08 -0700
Wednesday, April 14, 2010
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Here is some interesting information on how the new Mortgage Insurance changes of April 19/10 will be influence mortgage finance. Call me anytime to discuss how these changes might effect you.
Yesterday Finance Minister Jim Flaherty made the following three announcements to mortgage insurance rules effective April 19th 2010. 1. Variable mortgages will be qualified at the five year fixed rate; Commentary: This is a rather benign change as most lenders currently use the three year rate, today b ...
Full Article...
posted in General
at Wed, 14 Apr 2010 14:08:31 -0700
Yesterday Finance Minister Jim Flaherty made the following three announcements to mortgage insurance rules effective April 19th 2010. 1. Variable mortgages will be qualified at the five year fixed rate; Commentary: This is a rather benign change as most lenders currently use the three year rate, today being 3.50%. In today’s rate environment, this would change the qualifying rate to 3.89%. 2. Refinancing limited to 90% instead of 95%; Commentary: This change means homeowners will be ...
Full Article...
posted in General
at Thu, 04 Mar 2010 22:29:11 -0800