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Blog by Linda M Linfoot

Presale Transaction Cross Reference

July 26th, 2008

Presale Transaction Cross Reference List  -

To help answer most presale questions and concerns please refer to the following link below. If further information is required please feel free to contact me at anytime, my specialty is New Development. I look foward to your call.

 

http://www.udi.bc.ca/udi_consumerinfo.html

Market Shift

July 25th, 2008

A market shift = a shift in expectations

 

Market conditions have shifted. After five years of blockbuster activity and double-digit price growth, market conditions have slowed, and now favour buyers in many areas of the province.

 Residential sales have declined 22 per cent in the first six months of this year, while available resale inventory has grown by 54 per cent to 57,000 act ...

Mortgage Glossary

July 10th, 2008
...

glossary of mortgage terms

 

Mortgage terms and mortgage options have become more complex over the last few years, and at the same time, consumers in Canada are more informed than ever before about mortgage finance. The following information is a guide to some of the mortgage terms you may come across during your mortgage financing.

 

Mortgage Amortization

July 4th, 2008

Amortization – Longer or Shorter

Choosing the length of your amortization period, which means the number of years you will need to

pay off your mortgage, is an important decision that can affect how much interest you pay over the life

of your mortgage.

Historically, the standard amortization period has been 25 years. However, shorter (10 or 15 years)

and longer (up ...

Issue 7

July 3rd, 2008
The Informed Buyer / Seller Issue 7