March 2009

Found 2 blog entries for March 2009.

1. A referral is the best way to get a real estate agent

Simply trusting that an agent has your best interests at heart can lead to disappointment. Your needs are unique. Qualify all real estate agents to ensure they are competent and motivated to properly represent you.

2. Pay off your mortgage quickly

If you reduce your payment or simply pay interest only (secure line of credit) and invest the savings into a compounding interest account, your savings will be much higher than the value of your original mortgage.

3. You don’t qualify for a mortgage

Regardless of your credit or income, anyone can purchase a house. Options such as joint ventures, vendor financing, second mortgages, and many more, provide endless opportunities.

4. When to buy

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Calgary, March 2, 2009 – MLS® sales activity of single family Calgary metro homes was 825 in the month of February 2009 showing an increase of 50 per cent from 550 sales in January 2009, according to figures released by the Calgary Real Estate Board (CREB®). This was a decrease of 34 per cent from February 2008 when single family home sales were 1,252. The number of condominium sales for the month
of February 2009 was 343, an increase of 52 per cent from the 225 condominium
transactions recorded in January 2009 and a decrease of 39 per cent from February 2008 when 562 condominiums changed hands.

“Undoubtedly the global economic downturn has battered consumer confidence. But there are promising signs we are moving towards a more balanced and stable

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