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
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
It’s now February in the Okanagan and the sun has begun to shine on those winter blues. However, February weather can still pack a chilly punch! Here are some tips for protecting yourself from ballooning heating bills, freezing pipes and other household emergencies in these last weeks of winter.
Inside:
Keep doors and heating vents closed to rooms that are not ...
Posted by Jason Neumann
on February 5, 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
Utility bills seem to get higher and higher every year. But you can save energy-and money-with these tips to make your home more energy-efficient.
Get a home energy survey from your local utility. Many will do a free analysis of your home and provide specific ways to save money on your utility bill.
Replace old furnaces and air conditioners with newer ones that are more energy efficient.
Install ...
Posted by Jason Neumann
on January 21, 2010
Buying a home can be stressful at times especially when it comes to obtaining suitable financing. Mortgage Brokers warn of making radical changes to your finances during the due diligence period and prior to completing. Here is some practical advice for Buyers to avoid causing themselves unneccessary headaches prior to completing their home purchase.
The Top 10 Things not ...
Posted by Jason Neumann
on January 11, 2010
Here are some tips to "winter-proofing" your home - or, at least, ways to keep the season from doing serious damage.
Furnace Inspection
Call an HVAC professional to inspect your furnace.
Stock up on furnace filters and change them monthly.
Consider turning on your furnace to make sure it works before you really need it. You may briefly notice a burning smell, don't panic right away; ...
Posted by Jason Neumann
on January 9, 2010
Buyers have so many choices these days. But after narrowing down the location and selecting the type of home you want to purchase (single-family or condo) , there’s one more decision to make: Should you buy a new home or an existing one?
The answer depends upon both your budget and lifestyle.
Open up your local newspaper on any given day, and you’re likely to see ads from builders touting ...
Posted by Jason Neumann
on January 9, 2010
Here's a checklist for BC homeowners:
Have you received your new 2010 property assessment notice yet?
If not, call toll free 1-800-668-0086 or contact them online.
If so, be sure to review it carefully.
If you have any questions go online or call your local assessment office.
Go online to compare other property assessments using the free e-valueBC (TM) service website.
If you disagree ...
Posted by Jason Neumann
on January 9, 2010