The reverse mortgage quandary

The reverse mortgage quandary

Home Income Plan (CHIP) Reverse Mortgages.
Seniors use this for Paying of your debt, Fixing up your house, Helping your family or For additional income.
Tax Free Cash, No Monthly Payments. READ…
http://rebatereps.ca/2011/09/reverse-mortgage/

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What happens during recession?

What happens during recession?

The reasons behind economic downturns remain largely unsolved. However, there are several traditional explanations to the phenomenon.The traditional explanations postulate that recessions are caused by events that have an economy-wide impact, such as an

increase in interest rates

decline in consumer confidence.

Firms reduce output and lay off workers, which further decreases demand, and the economy slows even more. In Canada our Exports especially to USA.

Read…: http://rebatereps.ca/2011/09/recession/

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Is it’s official? – Is Canada’s heading into a recession!

Is it’s official? – Is Canada’s heading into a recession!

In an interview Sunday on CNBC, Stephen Harper talked about how Canada could feel the whiplash of worldwide economic problems. “If the global economy slows, the Canadian economy is going to slow”

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If…Getting Your House Means

If…Getting Your House Means

Trusting Your Real Estate Agent Then Continue Source: Hannif Highclass Publish:My Blog: 09/24/2011                            

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Do you live in a smart city?

Do you live in a smart city?

Not according to Macleans / CLI Source: Hannif Highclass Publish:My Blog: 09/24/2011   Composite Learning Index (CLI) TORONTO London is one of Canada’s smartest cities, according to Macleans magazine’s smartest cities survey for 2010. In its annual rankings, London has moved up to 10th place out of more than 4,500 Canadian cities and communities. Also […]

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New Home vs Resale Home

New Home vs Resale Home

New Home vs Resale Home

 

When people are in the market to purchase a home some will only consider new construction while others may prefer an existing home. Are there benefits to buying new versus resale? You may be wondering whether it really matters.

The choice that’s right for you depends on many things: your finances, your family composition and your taste. The fact of the matter is, most buyers consider both new and resale homes before they decide. Both resales and new homes offer advantages & disadvantages.

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Week # 38 – Home Maintenance Tips

Week # 38 – Home Maintenance Tips

genieSABRE Home Maintenance Tips – Week 38:
[1] Maintenance and care of natural stone counter tops c/w video
[2] Insulate pipes to prevent condensation. How to – c/w video
[3] winterize the lawnmower. – See step by step how to -on video.
Video of the week: Natural Cleaning Tips : How to Make Your Home Smell Fresh and Clean
Read and Watch the Videos:
http://rebatereps.ca/?p=2692

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20 things to look for in a home inspection

20 things to look for in a home inspection

Buying a house may seem like an endless series of critical, important decisions. When you find the house that is right for you, you need to find a Home Inspector to educate you about the condition of your new home. This is a commonplace and a wise decision, even when buying a newly constructed home; the additional peace of mind that a professional home inspection offers is invaluable. THIS BLOG – a must 20 things that you should look into and make sure that they are are part of your home inspection.

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Week # 37 – Home Maintenance Tips

Week # 37 – Home Maintenance Tips

genieSABRE Home Maintenance Tips – Week 37:
[1] Installing an maintenance of Smoke alarm system c/w video
[2] Ways to dispose of old Paint and other hazardous waste items
[3] Its time to take care of and remove fading summer annuals.
Video of the week: How to organize your Garage.
Read & Watch the Videos:

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What Are Closing Costs?

What Are Closing Costs?

Buying a House: In addition to the down payment, you’ll also have to pay closing costs — miscellaneous fees charged by those involved with the home sale (such as your lender for processing the loan, the title company for handling the paperwork, a surveyor, local government offices for recording the deed, etc.).

According to CMHC and GE Capital, one should have, in addition to the down payment, at least 1.5% of the purchase price for closing costs (we say 2-2.5%, just to be on the safe side).

Depending on the type of property and the nature of your deal these may include but are not limited to the items described below.

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