Although anyone can choose to break their mortgage pre-maturity, a lot of homeowners aren’t aware of the penalties that you incur by doing so. It is easy to become so focused on the rate that the terms of the mortgage, which include the expensive penalties, are overlooked.
There are a number of reasons why a homeowner may break a mortgage before the term matures.
Unless you obtained a portable mortgage, moving within the next five years will require you to break your mortgage --...
There are many tips and tricks for preparing your home to look its best for showings and open houses. Here are a few that can really up the ‘wow’ factor for potential buyers.
1. Use your spaces wisely - If you have a spare room or a ‘storage’ area that is usually neglected, try to tidy and transform it into something such as a reading nook, an office, or something that shows potential buyers a great idea for that space.
2. Careful Lighting - Try to have warm and...
I am excited to announce a venture we have been planning for years now!
MorganCreeksHomes.ca is a niche site dedicated to the area of Morgan Creek in Surrey BC. This site is designed to help home owners and buyers in that neighbourhood have the best information and online experience when it comes to buying or selling a home in Morgan Creek.
We would love to know what you think of the new site, and any feedback that you may have as well.
We hope you enjoy MorganCreekHomes.ca...
2017 TAX ASSESSMENT REVIEW
IT’S THAT TIME OF YEAR AGAIN...
Last week you should have received your 2017 tax assessment letter from BC Assessment in the mail. Do you have questions about your most recent tax assessment?
A lot happened in 2016 in the real estate market and it is likely your tax assessment looks quite different than what it did this time last year. Many times a tax assessment can come in too high, or too low.
SO WHY DOES ALL THIS MATTER? ...
Have you ever considered renting out a room to a student or renovating your basement into a self-contained rental apartment?
It’s a big decision. There are many pros and cons to consider.
On the pro side, renting can provide you with additional income. An extra few hundred dollars a month can go a long way towards paying down your mortgage or splurging on an exotic summer vacation.
Creating rentable living space in your home — for example, an “in-law suite” featuring a kitchenette...
Your neighbourhood has a lot of features that can help sell your home faster. Unfortunately, buyers don’t usually notice those features just by driving around. So, you need to make sure they get all the information they need about your neighbourhood.
For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate we measure the area’s “turnover rate...
Did you hold off purchasing a home for whatever reason?
The average detached home in the Fraser Valley (Abbotsford all the way to North Delta) in the last calendar month, year over year, went up over 14.2% from December 2016 to December 2017.
Check out the infographic below.
The biggest question potential purchasers want to ask themselves is, "Is waiting...
The stakes are high when selling your house. I use a proven strategy that gives you the upper hand, every time.
Macdonald Realty LTD
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.