For many people, saving enough for a down payment on a house is not an easy task. (You can’t rely on finding One-Eyed Willy’s treasure like they did in the Goonies movie, either!) Once you have an idea as to how much you can afford on your home, relative to your salary and monthly costs, […]

Mark John Chandler claimed “to be one of the biggest real estate developers in Canada” when he reached out to a New York money lender in 2011, according to court filings. Now, the Vancouver developer faces the prospect of being shipped to the U.S. to face charges in an alleged “fraudulent scheme” involving Los Angeles real […]

In the midst of the booming real estate market in Canada (mainly in Vancouver and Toronto), many Canadians are entertaining the idea of downsizing in order to sell their homes at a high value and purchase a smaller home or condo at a lower price. Is downsizing the way to go? What are the costs […]

Home sales increased in the Fraser Valley last month compared to July but remained lower than a year ago. Townhomes and apartments took the lion’s share of home sales (54%) with 1,018 of the 1,879 total sales in August. Total sales were up 10.9% month-over-month but down 3% year-over-year. “It’s not surprising to see demand […]

Sometimes it is a good idea to revisit the basics when looking at a complex thing like a mortgage.  There can be misunderstandings which crop up.   The mortgage process can be very stressful as you wait for some anonymous entity to decide whether or not you are able to buy the home of your dreams.  […]

Do successful entrepreneurs just open their doors for business without a business plan? Does a chef open a restaurant without a menu? Do pilots depart the hanger without a flight plan? Can you build a house without architectural plans?…I could go on forever! The answer is NO to all the above. I’m a planner. Whether it’s […]

The state of the nation’s finances continues to produce some worrying stats and the latest report from the Canadian Payroll Association reveals how fragile some households are. Its latest survey reveals that 47% of Canadians would struggle if they were paid just one week late. It’s even worse for millennials (55%) and those in their […]

Prime Rate Change -Provided By One Of Our Lenders – All Lenders Will Be Sure To Follow:   Good Morning, another change to Prime, hoping the last for quite some time.  See below for details.  No change to rates, still amazing deals.  2.84 or Prime less 75.   P.S.  Take advantage of Street’s low rates […]

Congratulations – you are moving into your new home! Whether you are starting with a plain new build or an older resale home, there’s no better way to make it yours than by putting your stamp on it. Invest a weekend or two into warming up a featureless space or refreshing someone else’s old homestead. […]