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Blog by Linda M Linfoot

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Homebuyer Tradeoffs

October 27th, 2010
Homebuyer Tradeoffs: What Will You Have To Sacrifice? When you're buying a home, whether it's your first home or your third, you want it to be perfect. Your home affects every aspect of your life, from your financial stability to things you do in your free time to the people you spend time with. It's also probably the most expensive purchase you'll ever make. Yet it seems like you always hav ...
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Posted in Real Estate Information

Mortgage Shopping? Tips on how to do it Right

October 14th, 2010
   Mortgage Shopping? HERE’S SOME IMPORTANT TIPS ON HOW TO DO IT RIGHT! First: Ensure you’re working with an Accredited Mortgage Professional that understands the business of Mortgages. This is likely the largest financial transaction of your life and it’s too important to put into the hands of someone that cannot advise you properly on the loan process.   There are 4 simple questions I r ...
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Posted in Mortgage Information

Things you think add value to your home - but really don't

October 4th, 2010
Things you think add value to your home - but really don't Jean Folger, Investopedia.com  Every homeowner must pay for routine home maintenance, such as replacing worn-out plumbing components or staining the deck, but some choose to make improvements with the intention of increasing the home's value. Certain projects, such as adding a well thought-out family room - or other functional space ...
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Posted in Real Estate Information

MLS News

October 1st, 2010
Real estate group reaches tentative agreement on MLS listings JOHN IBBITSON AND STEVE LADURANTAYE Globe and Mail It will become easier and cheaper for Canadians to sell their homes after peace was declared on Thursday in the war between the Competition Bureau and the organization representing Canada’s real estate agents. The bureau and the Canadian Real Estate Association (CREA) reache ...
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Posted in Real Estate Information

Stable Housing Market Forecast Into 2011

September 19th, 2010
Stable Housing Market Forecast Into 2011 The Canada Mortgage and Housing Corporation (CMHC) issued a forecast for the remainder of this year's housing activity, and into 2011. By their calculation, the future of the Canadian housing market looks encouragingly stable. Bob Dugan, Chief Economist for the CMHC, points out that, in late 2009 and early 2010, sales activity included much pent-up d ...
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Posted in Real Estate Information

Cottage vs Mutual Fund - Which is better?

September 6th, 2010
Cottage v. mutual fund: Which is better? In one of the hottest real estate markets in history, where would your money have grown faster? Ted Rechtshaffen Globe and Mail Update Published on Friday, Sep. 03, 2010 6:00AM EDT Last updated on Friday, Sep. 03, 2010 6:35AM EDT Last week I wrote about four reasons to sell your cottage now. There was a great deal of feedback, much of it related ...
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Posted in General

Top 6 Ways to ruin your Retirement

August 25th, 2010
Top 6 ways to ruin your retirement by Mark P. Cussen, Investopedia.com  provided by Despite the plethora of websites, books, magazines, advisors and other financial information and services available for retirees, there will always be a contingent of people who fail to make their retirement savings last for the rest of their lives. There are many ways to avoid this, some of which are more ...
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Posted in General

10 Things to Check Before You Buy a New Home

August 13th, 2010
10 things to check before you buy a new home The process of buying a new home—especially if it’s your first time—is incredibly intimidating. And while there are certain things you may know you’re going to want to change upon moving in (like paint colors or retiling), if you’ve never gone through this before you may not know what else to watch out for before you sign the dotted line (just bec ...
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Posted in Real Estate Information

Real Estate in Victoria

August 4th, 2010
Summer sales cool in VictoriaA chill swept Greater Victoria's summer real estate market last month when both the volume of sales and average prices dropped significantly. In July, 527 properties changed hands -- down 43.5 per cent from the same month in 2009 during a red-hot market. The total value of July sales through the Victoria Real Estate Board came in at just over $257 million, a dro ...
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Posted in Real Estate Information

Surrey BC- Secondary Suites

July 27th, 2010
A suite built above the garage of a South Surrey home. METRO VANCOUVER - After decades of debate, Surrey has decided to permit homeowners to have one secondary suite in all single-family homes in the city, following an Ipsos Reid telephone poll in which 63 per cent of those surveyed supported the idea. The move, which received unanimous approval at city council Monday night, brings Surrey’s ...
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Posted in Real Estate Information

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