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Impending Doom Averted, This Time

Impending Doom Averted, This Time

Basic Renewals   Will the impending doom, er… changes, hurt homeowners simply renewing their mortgage with their current lender? No.   If your life is easy, things are easy.   Thus far the government has continued to leave renewals alone. And one can...
Property Assessments vs. Market Value

Property Assessments vs. Market Value

[vc_row][vc_column width=”1/1″] Property Assessments vs. Market Value Short Version: Do not rely on your BC assessment for a fair market value of your property. The value printed on that document was arrived at in July of the previous year, the market may...
No Bubble To See Here – Part 4 – The Amortization Effect

No Bubble To See Here – Part 4 – The Amortization Effect

[vc_row][vc_column width=”1/1″]The Amortization Effect   Each year from 2008 through 2010 the Federal Government reduced the maximum amortization as follows.   Purchases with less than 20% down –from 40–35 years, then 35- 30 and finally 30–25...
Playing With House Money

Playing With House Money

[vc_row][vc_column width=”1/1″] SHORT VERSION How much of the current record-setting price gains are self perpetuating? That is, ‘I just got paid $100,000.00 over asking, so now I too will pay $100,000.00 over asking… maybe $120,000.00 over’. It’s ‘found...