The idea of paying someone else's mortgage and helping them build equity in their property really doesn't make a lot of good financial sense! As a long term renter, you are literally throwing away tens of thousands of dollars of your hard earned money instead of creating a forced savings plan by way of having a mortgage. I have chatted with many renters over the years ...
Posted by Jason Neumann
on March 23, 2010
There are currently 64 foreclosures (as of March 22,2010) amongst the entire listing inventory for the Central Okanagan. That is a increase of 3 properties in the foreclosure inventory from last month.
The foreclosure inventory breakdown is as follows:
2 Lots and Acreages (both at $115,000) with no pending sales
1 Manufactured Homes ($125,000) with ...
Posted by Jason Neumann
on March 22, 2010
Current Active Central Okanagan MLS Listing Inventory as of March 28,2010:
Single Family Dwellings - 1916 properties (393 more properties or a 25.80% increase from February) including 11 pending offers ranging in value from $348,800 to $649,000
Strata - Condos - 1088 properties (157 more properties or a 16.86% increase from February) with 2 pending ...
Posted by Jason Neumann
on March 22, 2010
Whether you are a first time buyer, moving up in the real estate market, or downsizing, it is important to have an experienced, qualified sales representative working for you. Choosing a Real Estate Professional is one of the most important decisions you will make to ensure the success of your venture. As your "Local Expert" my market knowledge will help you select the property that meets ...
Posted by Jason Neumann
on March 11, 2010
Post Subject Removal Checklist:
Choose a Lawyer or Notary to handle the conveyancing of your home purchase. If unsure as to who you should hire then ask your Realtor® for a list of recommended names.
Ask your lawyer or notary what you should expect to pay for Closing Costs. Also, be sure to ask them any general questions that you may have at that time.
Ask ...
Posted by Jason Neumann
on March 9, 2010
I was recently sent this article by Karen Shale a local mortgage broker with LendingMax here in Kelowna. Karen offers a straight to the point and excellent explanation of each of the new federal lending rules that were recently announced by Jim Flaherty, Minister of Finance. These new lending regulations take effect April 19,2010. Here's the article:
Here is the official announcement ...
Posted by Jason Neumann
on February 21, 2010
Current Active Central Okanagan MLS Listing Inventory as of February 8,2010:
Single Family Dwellings - 1523 properties (a 15.12% increase from January) including 17 pending offers ranging in value from $284,900 to $999,000
Strata - Condos - 931 properties (a 1.48% decrease from January) with 1 pending offer at $174,800
Strata - Townhomes - 369 ...
Posted by Jason Neumann
on February 11, 2010
Whether you are considering buying a new home or refinancing your existing mortgage, important personal information and documents will be required by lenders. This checklist gives an overview of the necessary documentation that most Canadian lenders require prior to approving and funding a mortgage. By providing these documents in a timely fashion, you will ...
Posted by Jason Neumann
on February 8, 2010
There are currently 61 foreclosures (as of February 7,2010) amongst the entire listing inventory for the Central Okanagan. That is a decrease of 14 properties (-22.95%) in the foreclosure inventory from last month.
The foreclosure inventory breakdown is as follows:
2 Lots and Acreages (both at $115,000) with no pending sales
2 Manufactured Homes ($79,000 ...
Posted by Jason Neumann
on February 8, 2010
Mold can be a serious health risk to any homeowner and the sooner it is detected the better. Having personally lived in a home that had mold in the laundry room I can tell you first hand that it is not something to take lightly. To remediate and repair the affected areas I had to rip out out all the drywall and insulation in the entire room. This work had to be done as ...
Posted by Jason Neumann
on February 1, 2010