Mortgage Rates aren’t the only thing to consider

Many people obsess over mortgage rates, while there is much more to consider!

Spectacular view from Space

This editor took the pictures from The International Space Station and made it even more amazing!

Looking into the past…Housing Issues in Vancouver in the 60s

Interesting how the more things change, the more they stay the same…

Vancity Buzz Story

50 things to do this Fall in Vancouver…

Great list from VancityBuzz…

 

When Pigs surf…

This makes me laugh…enjoy!

The ins and outs of the Federal First Time Buyers Initiative

Great article from our Accounting partners at AG Tax:

Link

 

 

My kind of symphony…

 

Glorious!

Thinking of Renovating? Where should you focus?

Happy couple.

 

Many people get the reno bug…wanting to improve your home can make a lot of sense from both a “living in it” point of view and a financial one.

Compact Kitchen

Two of the most important areas for potential buyers are the Kitchen and Bathrooms…this also usually goes along with what most people want to renovate!  The trick is to update to the latest trends without breaking the bank.  Countertops, appliances, sinks and cupboard hardware are good places to start…new cabinetry, changes in layout etc. should be secondary…budgets can quickly enter the realm of never getting it back.  Other areas many people look for are modern heating/cooling systems, increased efficiency and high tech.

More here: Link

So how do you pay for it?  The Bank would tell you to take out a “Home Equity Line of Credit” which they make sound so easy…and it is, until you try to pay it off.  Lines of Credits are a Bankers best friend, because they really are the “Never Never Plan” where you will find in 3 or 4 years your balance hasn’t gone down, yet you have paid the interest on it routinely.  You are always better to look at refinancing your mortgage and taking out the required funds…then focus on paying your whole mortgage off…better yet, save up the money and pay cash!

 

Michael Anthony Lloyd

Summer Movie Festival in Stanley Park!

http://www.freshaircinema.ca/summercinema/index.html

Vancouver really is beautiful!

Fantastic new time lapse video of Vancouver…

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