I recently came across an article in the Canadian Real Estate Wealth online magazine that touched on an area that I believe is incredibly important to the mortgage applicants in Canada and the industry as a whole. Early in my mortgage education I realized that brokers are constantly standing up for the homebuyers in Canada, where as the banks are trying to protect themselves and their money, without fully understanding the homebuyer and their needs. The government and the banks want to eliminate the risks of foreclosures and mismanaged mortgages. Their solution to the problem is to make it more difficult for the public toRead More →

Why not indulge in something that combines a couple of my favourites – chocolate & cake.  So moist, yummy and delicious, this treat makes all the bad stuff melt away. I was given this recipe from a good friend of mine, Becky Roos.  I love and hate her for sharing it, because I try to come up with all kinds of reasons to make it, so I can keep eating more… The Best Chocolate Cake/Cupcakes EVER! Combine: 2 cups white sugar 1 3/4 cup flour 3/4 cup cocoa 2 tsp b. soda 1 tsp b. powder 1/2 tsp salt Add: 2 eggs 1 cup buttermilkRead More →

IBO Home Living Show All Your Home Advice, Under One Roof April 14, 2012 10:00 am to 6:00 pm Richmond Country Club The IBO Home Living Show was created to promote the importance of homeownership.  I believe that the investment in your home is one of the most important investments you can make and I wanted to develop a platform to help people understand their investment more clearly and simply.  Connecting them to the relevant information on the market, the programs and ideas that are available to them now, and introducing them to some of the leading experts in a variety of disciplines.  I wantedRead More →

Is Buying in Metro Vancouver Worthwhile? Part II – Considerations in Buying Real Estate In Part I of Is Buying in Metro Vancouver Worthwhile, we discuss the importance of a long-term timeline for investing in real estate. This is not to say you should never sell soon after you buy, that is always a possibility and you can make a return on your investment. The long-term timeline, however, represents an increased probability that a longer retention period and your ability to control when you want to sell will more than likely guaranteed a decent return on your investment. In addition to a long-term plan, IRead More →

Is Buying in Metro Vancouver Worthwhile? Part I – Investment Timeline The constant increasing housing costs in the lower mainland has many questioning if it is even worth buying real estate. According to the MLSLink HPI, the average Great Vancouver home in the month of October 2011 was $623,000. The high-end average consists of homes in the Vancouver West area, averaging over $2 million for a detached house. Maple Ridge and Pitt Meadows apartments are at the lowest end with an average of $229,600 (1). While, $229,600 sounds reasonable compared to the 2 million for a home in Point Grey, the $229,600 apartment is stillRead More →