JUST SOLDWednesday, May 26, 2010
SOLD Coffee shop/ cafe business for sale
JUST SOLDWednesday, May 12, 2010
Senior Real Estate Specialist
Sunday, May 9, 2010
Saturday, May 8, 2010
Petition to stop the HST
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
- Zig Zag - Mowing the grass in different directions prevents wear patterns and encourages upright growth.
- Stay Sharp - Avoid mowing when it’s wet and remember to sharpen the blade several times during the season.
- 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.
- 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!
- 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.
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. |

