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Blog by David Valente

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CMHC RULES FOR QUALIFYING CLARIFIED

March 9th, 2010
New rules for qualifying on residential mortgages effective April 19th 2010.

1) If a client is taking a 5 yr fixed rate then they can qualify on the contract or Best Rate of 3.69% to 3.89%.

2) If taking anything LESS than a 5 yr fixed, or for all variable rate mortgages, clients will qualify at the 5yr Posted Rate of 5.39% (on the Bank of Canada site which is posted weekly on their website) ...

North Vancouver Open Homes

March 5th, 2010

Open House - North Vancouver Open Homes March 6th and 7th 2010

NORTH VANCOUVER - NEW LISTINGS

no opens


21. Grouse Woods

no opens


22. Canyon Heights

4621 Capilano R ...

West Vancouver Open Homes

March 5th, 2010

Open House - West Vancouver Open Homes March 6th and 7th 2010

WEST VANCOUVER - NEW LISTINGS

no opens


1. Lions Bay/Bowen Island

30 Sweetwater Pl. Sat 2-4, $1,149,000
310 Mountain Dr, Sun 2-4, $1,075,000


...

Upper Lonsdale Open House!

March 4th, 2010

We are proud to announce that this Saturday, March 6, 2010, 2:00 PM to 4:00 PM we will be hosting an Open House at 2615 Lonsdale Ave , in HARBOUR VIEW APARTMENTS in Upper Lonsdale, North Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Upper Lonsdale.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Upper Lo ...

HST on renovations hits May 1, 2010

March 3rd, 2010

HST on renovations hits May 1

Alex Newman, National Post

Published: Monday, January 11, 2010

With all the billboards springing up around the city, it's hard to miss the 13% harmonized sales tax (HST) slated to become law July 1.

For many, the tax is just a convenient combination of 8% provincial sales tax (PST) and 5% goods and services tax (GST).

But for the home renovation industry, wh ...

News Release

March 2nd, 2010

FOR IMMEDIATE RELEASE

February2010-REBGV_StatsPackage.pdf

Home sales activity strong through Olympic period

VANCOUVER, B.C. - March 2, 2010

from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the

region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled

2 ...

Group fears condo owners will be hit harder when tax starts July 1

February 24th, 2010

By Andrew A. Duffy, Times ColonistFebruary 23, 2010


Another arrow has been added to the quiver of those fighting the harmonized sales tax, as a group of strata owners have come together to launch a petition against the tax.

With the help of Lana Popham, the NDP MLA for Saanich South, Harvey and Barb Freedman have launched an online petition (www.bcstratas.ca) and will hold a meeting tomorr ...

No Canadian housing bubble: Bank of Canada deputy governor

February 23rd, 2010

VANCOUVER - The Canadian housing market is strong, but it is not experiencing a bubble, Paul Jenkins, senior deputy governor of the Bank of Canada, said Monday.

The federal government said last week it will bring in new mortgage rules to cool the housing sector and prevent home buyers, tempted by record low interest rates, from overextending themselves.

At the same time, it said there was n ...

402 977 MAINLAND Street, Vancouver West, British Columbia

February 22nd, 2010

I just finished uploading this Condo for sale, 402 977 MAINLAND Street, Vancouver West, British Columbia

This modern & trendy 505 SF 1 bedroom apartment, resides in one of Yaletown's most desirable high-rise condos! This apartment features new engineered H/W floors, granite countertops, S/S appliances, modern colours, an exceptional floor plan & open balcony. Yaletown Park 3 has an impressiv ...

308 4001 MOUNT SEYMOUR Parkway, North Vancouver, British Columbia

February 16th, 2010

I just finished uploading this Townhouse for sale, 308 4001 MOUNT SEYMOUR Parkway, North Vancouver, British Columbia

3 level townhome w/gorgeous new H/W floors, newly renovated kit w/maple cabinets, new gas F/P, new deck. Freshly painted. Facing treed privacy & situated at the end of a cul-de-sac. Complex is surrounded by golf course & feats a resort-like outdoor pool. Popular floorplan w/g ...

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