Check out this time-lapse of the Eclipse yesterday taken by a photographer in Kaleden!An absolutely stunning composite image of yesterday's eclipse by Summerland photographer Bryan Schellenberg, taken in Kaleden.
There are quite a few “In-Law” suites in our area and you don’t want to be caught and forced to close it because you didn’t legalize it. The city has made it much easier and more cost effective to legalize suites over the last few years. It may not be a bad idea to go down to the city or even check their website to find out what you need to do in order to legalize your secondary suite. ... See MoreSee Less
Well, it's official! The Bank of Canada have increased interest rates for the first time in over 7 years! This rate increase will likely change a few things over the next couple of days. You will likely see increases in your Line of Credit as well as Bank mortgage rates increase along side.
Though it is only a 0.25% increase, it could be the first of many in order to get back to where we were prior to the 2008 crash at 4.5%. The Bank of Canada isn't giving any clue as to when the next increase could happen but they are saying that they are happy with the way the national unemployment rate looks as well as the strong economic report across the country.
What this means to you is if you are planning on selling and buying a new home, get your rate locked in NOW if you haven't already. If you have already done this, then get on that search. You likely only have 90 days to complete on your new home in order to keep the rate you've locked in.
Call us now so we can ensure you aren't stuck paying higher rates for the same home!! ... See MoreSee Less
I’ve found recently that most people don’t know and I wanted to clarify and reduce some confusion. I’ve always heard that people dismissed looking at strata properties such as condos and townhomes because of the “additional” fees that they had to pay each month.
It is true that there are strata fees for these properties but do you know what they go towards?
Most strata fees will include things that you likely already pay for in your home such as water, sewer, garbage and recycling, but that’s not all. Most also include building insurance, general maintenance, road maintenance and landscaping. Some properties fees also include things such as heating and cooling as well as hot water.
Ultimately, when you start to compare what you pay for a strata fee and what you receive in return, it turns out to be about the same that you pay for multiple different things but in one lump sum.
Strata properties are a great way for you to get your feet wet in the market but also an inexpensive and convenient option when downsizing.
Don’t let that fee scare you away from what could be the perfect solution for you! ... See MoreSee Less