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  • Interest Rate Differentials (IRD)

    Often a client needs an “idea” of how much their existing mortgage penalty might be before he decides to refinance or do an “early switch” with pre-payment penalty. If the penalty is based on a rate differential, here is a BASIC calculation to figure out a close amount….. Based on a: $200,000 with 3 ...
    Posted to Glen Godlonton (Weblog) by 616987 on December 5, 2011
  • Torontonians will be guinea pigs for new iPad-driven condo

    October 20, 2011 By: Michael Oliveira, The Canadian PressResidents at some new condo developments in Toronto will be guinea pigs for a new type of high-tech lifestyle in which their home is controlled by an iPad. The lights are programmed to automatically come on when they step in the door and their favourite music plays throughout the condo. Or ...
    Posted to Glen Godlonton (Weblog) by 616987 on October 21, 2011
  • Economic spring appears to have arrived in Alberta

    Over the past six months, more than one-third of the new jobs created in Canada have been in Alberta, which is home to just over 10% of the country’s population. This clearly indicates the Wild Rose province is starting to bloom once more following an extended economic winter. Across major industries, manufacturing has, by far accounted for ...
    Posted to Glen Godlonton (Weblog) by 616987 on June 13, 2011
  • Purchasing a Condo in Canada

    Extra Items a Canadian Condominium Shopper Needs to Keep in Mind Often in major urban centres, particularly in Toronto, where condo prices have seen as much as a seven to nine per cent increase in line with demand, condominiums are the more cost and lifestyle efficient choice for on-the-go cosmos or first-time buyers. Condos are usually much ...
    Posted to Glen Godlonton (Weblog) by 616987 on May 30, 2011
  • Newlyweds need to make sure they protect their assets

    by RBC InsuranceWith all the excitement of getting married, many couples may not consider their financial future. This new stage of life can mean buying a new home, a nicer car and travelling more often. Marriage causes many people to take their finances more seriously, as they often have greater financial obligations and debt. With a spouse to ...
    Posted to Glen Godlonton (Weblog) by 616987 on May 23, 2011
  • Legal Lou: Condition of Property at Possession

    Source: Areahub.ca  One of the most common and frustrating issues for both real estate industry members and lawyers in closing residential real estate transactions is a dispute over the condition of the property on Completion Day. Rarely are buyers entirely happy with the condition and cleanliness of the property when they take ...
    Posted to Glen Godlonton (Weblog) by 616987 on May 16, 2011
  • Wake Up, Alberta - Frenzy's Coming

    April 15, 2011 Kathy McCormick, Calgary Herald He’s calling it the Wake Up Alberta tour — and while real estate expert Don Campbell refuses to say another boom is on the way, he says to be prepared. “Alberta is 18 months away from a real estate frenzy,” says the author of the bestselling book, 97 Tips for Canadian Real ...
    Posted to Glen Godlonton (Weblog) by 616987 on May 6, 2011
  • 5 Real Estate and Mortgage Urban Legends

    By: Trulia.com, April 6, 2011  Entire feature films, websites and hour-long cable specials have been devoted to debunking  urban legends, those modern fables that circulate at the speed of the internet. And real estate is not immune; modern-day myths of easy-peasy seller financing, distressed sellers practically throwing their ...
    Posted to Glen Godlonton (Weblog) by 616987 on May 4, 2011
  • RECA News, April 15, 2011

    New Investigation Process - Preventing and Resolving ComplaintsIn the April 2011 Regulator Newsletter, the Real Estate Council of Alberta laid the groundwork for a new investigation process and indicated that the new process would be further explained in upcoming articles and RECABlog posts.This RECA News is being sent out to highlight how the new ...
    Posted to Glen Godlonton (Weblog) by 616987 on April 19, 2011
  • Home sales up in September

    More homes were sold in Calgary last month compared to August. According to the Calgary Real Estate Board, for the first time since April, month to month sales of single family units went up by ten percent and one percent for condominiums. "There are some great ...
    Posted to Glen Godlonton (Weblog) by 616987 on October 13, 2010
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