Wednesday, May 26, 2010

SOLD Coffee shop/ cafe business for sale

JUST SOLD
Location, location, location!!! Amazing business opportunity in a beautifully restored heritage home in this trendy neighborhood. 1,200+ office employees in a one block radius. This cafe (and potentially lucrative catering business) is frequented by steady & loyal customers. Two patios available with view of the city & additional seating just outside. Huge retailers located nearby includes Best Buy, Canadian Tire, The Home Depot, Save on Foods, Winners/Home Sense, London Drugs, RBC, Whole Foods, & Lululemon HQ. Walking distance to the Canada Line Station. PLEASE NO CONTACT WITH STAFF.

Wednesday, May 12, 2010

Senior Real Estate Specialist


I am pleased to announce my designation as a Senior Real Estate specialist, possessing the necessary knowledge and expertise to counsel clients age 50 plus through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home.

Saturday, May 8, 2010

Petition to stop the HST

There is only one valid, legal, authorized petition with a chance to stop the HST...
If you want to be heard by your Government, you will need to sign "an Initiative to End the Harmonized Sales Tax"

The first phase of the strategy is to successfully complete the first Citizen Initiative in BC by obtaining the required signatures of 10% of registered voters in every riding.

To find out your City riding, please call 1-604-800-2461

Tips for a green lawn

A thick, healthy lawn greatly improves a home's curb appeal. We all want our gardens to look spectacular when we’re entertaining or relaxing outside. Properly taking care of your lawn is key to enjoying lush green grass so read on for some great lawn care tips:
  1. Zig Zag - Mowing the grass in different directions prevents wear patterns and encourages upright growth.

  2. Stay Sharp - Avoid mowing when it’s wet and remember to sharpen the blade several times during the season.

  3. No Short Cuts - Don't cut your lawn too short. Tall grass is more stress tolerant, shades out weeds and has deeper roots to increase the intake of nutrients and water.

  4. Breathe Deeply - Aerating puts holes in your lawn to loosen the ground which allows water to easily get to the roots. This natural treatment will make your lawn look like a golf course!

  5. Natural Nutrients - Unless your grass is in really bad shape, it’s best to leave your grass clippings on the lawn as they’ll provide important nutrients.
There’s nothing quite like the smell of freshly cut grass. Properly taking care of your lawn will greatly increase your home's curb appeal! Just make sure to walk around and pick up sticks, stones and the kids toys before you begin :)

Friday, May 7, 2010

Owning a Home During a Seperation

We all know that marriage isn’t always forever. And when a separation occurs, a home is often involved. Since most couples have a joint mortgage – one where both names are on the mortgage and title of the home – when separation or divorce proceedings occur, many wonder what will happen with the home.

When the marriage comes to an end, there are two obvious options concerning the home: 1) sell the property and split the proceeds according to your agreement and go your separate ways; or 2) one person buys the other party out of the mortgage and the title of the property.

The first option is a straight-forward transaction where you put the house up for sale, sell and split the proceeds. The second option, however, is slightly more complicated.

The decision between the options is a personal one borne out of the specific circumstances of the parties involved. Perhaps there are young kids involved that need to stay in the house, the market is down and there will be a loss on the property that neither party can afford, one party can afford to buy the other party out, etc.

Once the decision is made, how do you go about buying the other person out of a mortgage? Well, essentially, you are refinancing your mortgage using a single income (the person who is buying the other party out of the house) and

qualification, versus the original purchase, which was based on joint income and qualification.

If you are the one buying your partner out, the first step is to ensure that you can afford the mortgage payments. This is imperative because the lender will ask for proof that you are capable of covering the mortgage in order for you to apply on your own. In addition to covering the mortgage amount, you will have to come up with whatever dollar amount you have agreed on to buy the other partner out. This may come out of the equity in your home if it’s sufficient.

In essence, if you can afford the mortgage on your own, the most common means of buying out your partner post-separation and transferring title out of the joint name and into your name, is to refinance.

If you are not in a financial position to buy your ex-partner out of the house, and you agree to both stay on title and have payment arrangements, there is one warning to be taken very seriously. Just because one person is responsible for the payments (even with a court order), if the mortgage goes into default, both parties on the mortgage will be affected.

The most important piece of advice when dealing with a mortgage during a separation is to become informed. Know your options, talk to professionals about your options, and make an informed decision regarding your home and mortgage.