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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Four years into the housing crisis, myths about foreclosure still litter the minds of even the smartest of real estate consumers. When it comes to matters as high stakes as your home, confusion can cost you thousands - or even your home. Whether you’re a buyer looking at foreclosures, a homeowner struggling to keep your home or a seller ...
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1. Energy use monitoring systems.
As Hydro rates rise and provinces, such as Ontario introduce time-of-use billing for electricity, consumers desperate to manage energy costs will snap up this technology. Easily installed products, like Blue Line's Powercost Monitor (about $60 at www.thesource.ca), which provide real-time information on ...
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