So much focus these days is placed on first time home buyers; how to plan, choosing a REALTOR, financing, etc. But what do those people do when they’re ready to move into a bigger home after a few years? Often there is more stress related to a first sale because there are two transactions that… Continue reading First Time Home Sellers
Month: September 2011
Don’t Sign That Mortgage Renewal
The major banks currently renew somewhere between 80-90% of the mortgages they hold, and the majority of those renewals are done at posted rates (posted rates are the rates that are publically advertised by the banks, and the rates also used for qualifying for a variable rate mortgage). Many clients, especially those with a steady… Continue reading Don’t Sign That Mortgage Renewal
I Want To Be A Landlord!
As a residential real estate agent, rather naturally I am a huge advocate of investing in residential real estate as a means of creating short term cash flow, and achieving long term investment goals. However; the road to riches as a landlord comes with great responsibility and numerous elements of risk, especially if the landlord… Continue reading I Want To Be A Landlord!
What you don’t know can, in fact, hurt you
There was a case a while back in British Columbia that involved a house the buyers ended up not really wanting. In Cardwell v. Perthen, the buyers found after purchasing their home that there was shoddy workmanship, leaks, deterioration of structural components and mould. They chose not to get a home inspection at the time… Continue reading What you don’t know can, in fact, hurt you
Downsizing?
So much real estate is centred around buying your first home or moving up. Getting a smaller home has a lot of significance for several families. There can be many different reasons people downsize, and some things to keep in mind when you do! The first thought that comes to mind has to do with… Continue reading Downsizing?