April 2009

There are 9 blog entries for April 2009.

How to Conquer Your Fear and Overcome Homeownership Hurdles

Wednesday, April 15th, 2009 at 7:59am. 359 Views, 0 Comments.

How to Conquer Your Fear and Overcome Homeownership Hurdles
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There are many benefits of homeownership. It creates a level of stability in a person’s life and provides a safe environment for children to grow and learn. A home can also have several financial benefits, creating borrowing power for the homeowner and the opportunity to build wealth that can be passed on to children and grandchildren.

Still, many Canadians are sitting on the sidelines because of all the negative news they have heard on the radio, seen on television or read in newspapers. Others may not have enough extra money to save for a down payment or have other financial difficulties, such as

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How to Avoid Defaulting on Your Mortgage Payments

Wednesday, April 15th, 2009 at 7:56am. 407 Views, 0 Comments.


How to Avoid Defaulting on Your Mortgage Payments
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The market conditions have changed quite dramatically over the past twelve months. As a result, some homeowners may stumble upon financial hardships that make it difficult for them to pay their mortgage payments. Once your mortgage loan defaults, the chance of foreclosure increases.

If you or your spouse has lost employment and no longer make as much money, and you see meeting your mortgage payment obligations is going to be problematic, the first step is to take a deep breath. There are literally millions of people that face the same problem. You are not a bad person, so leave any feelings of guilt at the

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Market Watch - April 2009 March Resale Housing Results Bring Positive News

Wednesday, April 15th, 2009 at 7:55am. 475 Views, 0 Comments.

The Canadian housing market is showing signs of rebound. March sales activity has shown an increase in sales in many areas compared with pervious months. It appears that many potential buyers are getting over the initial shock of the economic downturn and are starting to realize that there are great buying opportunities out there.

First-time homebuyers, low interest rates and greater overall confidence in the housing market are credited for the sales increase in March. Buyers are still acting cautiously, but they are feeling positive about the resale housing market this spring.

“This is a good beginning to the spring market. Confident buyers are taking advantage of the great opportunities that are available to them right now, such as

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Just Listed 421 - 30 Discovery Ridge Close SW for $264,900

Sunday, April 12th, 2009 at 8:08pm. 950 Views, 0 Comments.

Discovery Ridge Condo for Sale

I Just Listed this wonderful 1 bedroom condo in Discovery Ridge, one of SW Calgary's most prestigious communities. The Wedge Woods condominiums in Discovery Ridge sides to the Griffith Woods Environmental Park, a place to go for relaxing walks, hikes, & bike rides. Discovery Ridge is a community that does not make you feel like you live in the city.

This one bedroom condo is on the 4th floor in the 30 Discovery Ridge Close building and over looks trees & a field. With over 700 square feet that is well appointed provides lots of living space as it is a very functional floor plan. This unit comes with in suite laundry, titles parking and many building amenities to make you live in comfort such as a party room &

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Excellent Development Opportunity in Calgary - Winston Heights

Saturday, April 11th, 2009 at 10:55am. 416 Views, 0 Comments.

Great Building Opportunity for 6 Unit Townhouse Project

Here is a great development opportunity in Windston Height / Mountview.  Site is located at 406 19 Ave NE which is a 50' x 125 M0C1 (Multi Residential - Contextual Low Profile or formerly RM-4) zoned lot. Development permits and plans are in place for this 6 unit town-home project with underground parking. Building is 3 stories high and units range from 1237 sqft to 1322sqft. Priced at $425,000 which includes all plans, studies and marketing material.

For more information & floor plans CLICK HERE.

View more properties for sale on my Winston Heights / Mountview Real Estate page.

 

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Just Listed 7 Tuscany Ridge Bay NW

Saturday, April 11th, 2009 at 10:36am. 536 Views, 0 Comments.

New Listing in Tuscany, NW Calgary AB

I Just Listed 7 Tuscany Ridge Bay NW this week and we are pleased to already have it under contract after only 14 hours on the market. My hat goes off to the sellers as they spent lots of time preparing their home to get it ready to sell.  A house that is decluttered and clean will in most cases show well to potential buyers.

 

This really made a big impression on the potential buyers that came through it on the 1st day it hit the market and it resulted in an accepted offer that day.

If you with to find out more about Tuscany Real Estate and find homes for sale in Tuscany go to my Tuscany Real Estate web-page.

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What is a Mortgage Interest Rate Differential Penatly?

Thursday, April 9th, 2009 at 4:55pm. 613 Views, 0 Comments.

 Many Seller's are now getting hit with some large Mortgage Payout Penalties. It is now more important than ever that they very this information along with their Realtor what their penalties will be if they are not porting their mortgage to their new home.  Unfortunately with mortgage interest rates continuing to fall, most penalties are now calculated on the interest rate differential / loss of interest.
This is because most mortgage early payout penalties are calculated on (1.) three months interest payment or (2.) the interest rate differential whichever is the GREATEST!!Methods of calculating penalties are as varied as the lenders’ imaginations. As a Seller or a Realtor, always remember:
  1. Do not assume the same lender charges

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CALGARY REAL ESTATE MARKET SLOWLY SHAKING OFF ITS WINTER BLUES

Wednesday, April 1st, 2009 at 11:45pm. 463 Views, 1 Comments.

 Calgary, April 1, 2009 – MLS® sales activity of single family Calgary metro homes was 1,086 in the month of March 2009 showing an increase of 32 per cent from 825 sales in
February 2009, according to figures released by the Calgary Real Estate Board (CREB®). This was a decrease of 23 per cent from March 2008 when single family home sales
were 1,418. The number of condominium sales for the month of March 2009 was 446, an increase of 30 per cent from the 343 condominium transactions recorded in
February 2009 and a decrease of 21 per cent from March 2008 when 565 condominiums changed hands.

“The Calgary market is slowly shaking off its winter blues,” said Calgary Real Estate Board President, Bonnie Wegerich. “Spring has brought a nice up tick in sales this…

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Tuscany in NW Calgary Continues to have strong sales in March

Wednesday, April 1st, 2009 at 9:18pm. 373 Views, 0 Comments.

Tuscany a community in NW Calgary continues to have strong sales numbers through March 2009. Being the community with the 2nd highest number of sales in Calgary for 2008, the trend seems to continue as it is one of the more sought after communities in Calgary.

Snapshot of the Tuscany Real Estate Market in March 2009:

  • The average Tuscany home for sale was a 3 bedroom, 2 bathroom, 1,961 square foot house
  • The average List price for a Tuscany Home is: $532,917
  • The Average Size of a Tuscany Single Family Home Sold: 1,885 square feet
  • The Number of Tuscany Properties Sold in March 2009: 42
  • The average sold price for Tuscany Homes: $484,933
  • The median Sale price of Tuscany Homes: $483,000
  • Most homes for sale

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