Money Laundering As of late there has been much media attention focused on the role of foreign buyers, and increasingly on ‘money laundering’. No doubt both foreign buyers and money laundering play a role in our markets but not necessarily a linked role....
[vc_row][vc_column width=”1/1″] ***Edited from the original version*** Historically posts on this site have been focused on facts, logic, and basic math. The original version of this post strayed too focusing on the individual making the statements, this...
[vc_row][vc_column width=”1/1″] Short Version Lower rates for longer is the initial prognosis. Referendums: Just a flawed concept. Long Version While Canada is somewhat insulated from the direct economic consequences of Brexit, so little of CDN...
[vc_row][vc_column width=”1/1″]It is a frenzy out there. Home sales keep smashing previous records – Greater Vancouver MLS sales for May were up 32 percent year over year, and Fraser Valley sales were up 48 percent. Properties sell in hours, with...
[vc_row][vc_column width=”1/1″]A game of broken telephone… Fact – Jenny says ‘I like Johnny’s friend Jim’. Fiction – School newspaper runs with ‘Jenny caught kissing Johnny in gym’. Detachment from Reality – Student chatter converts...
[vc_row][vc_column width=”1/1″]Following are just a few rules and considerations. It looks like a long list of things that could be potentially serious problems, but I assure you the full list is far longer. This is just the tip of the...
Ask your Broker or your banker the following Question; How have you structured your own mortgage and why? Aside from discovering that an overwhelming number of mortgage professionals have their own residence set up in either short term fixed (1yr or 2yr) or a variable...
[vc_row][vc_column width=”1/1″]60 day Notice To Vacate… …words every Mortgage Broker longs to see in an offer written on a tenanted property, in particular when the buyer has less than a 20% down payment. For a client putting less than 20%...
[vc_row][vc_column width=”1/1″]Why none of the math in previous posts in this series really matters… Emotion The largest investment in the entire process of purchasing real estate is the emotional investment. Emotion drives the...
[vc_row][vc_column width=”1/1″]But when rates go back up… It is not when, it is if. I wrote that correctly. If they go up, as in if they go up in time to matter to me or to you, Mr. & Mrs. Homeowner. Maybe they stay low for another ten or...
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