Richard & Olga Balov (www.greatrealestate.ca) : Blog http://www.greatrealestate.ca/Blog.php This page contains the blog. Fri, 30 Jul 2010 09:14:20 -0700 http://ubertor.com/?v=1.0 en RichardOlgaBalovwwwgreatrealestatecaBloghttp://feedburner.google.com Maillardville Open House! http://www.greatrealestate.ca/Blog.php/76 Mon, 12 Jul 2010 20:09:34 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/76 We are proud to announce that this Saturday, July 17, 2010, 2:00 PM to 3:00 PM we will be hosting an Open House at 976 ADAIR Ave in Maillardville, Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Maillardville.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Maillardville Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Maillardville Open House! http://www.greatrealestate.ca/Blog.php/75 Mon, 12 Jul 2010 20:09:18 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/75 We are proud to announce that this Monday, July 12, 2010, 12:00 PM to 12:00 PM we will be hosting an Open House at 976 ADAIR Ave in Maillardville, Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Maillardville.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Maillardville Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Guildford Open House! http://www.greatrealestate.ca/Blog.php/74 Wed, 07 Jul 2010 12:02:16 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/74 We are proud to announce that this Saturday, July 10, 2010, 2:00 PM to 3:00 PM we will be hosting an Open House at 10250 155A Street in Guildford, North Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Guildford.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Guildford Townhouse for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Maillardville Open House! http://www.greatrealestate.ca/Blog.php/73 Wed, 07 Jul 2010 12:01:36 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/73 We are proud to announce that this Saturday, July 10, 2010, 2:00 PM to 3:00 PM we will be hosting an Open House at 976 ADAIR Ave in Maillardville, Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Maillardville.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Maillardville Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> links http://www.greatrealestate.ca/Blog.php/72 Sat, 03 Jul 2010 00:31:12 -0700 Richard & Olga Balov General http://www.greatrealestate.ca/Blog.php/72 http://www.bresserpereira.org.br/terceiros/cursos/Rogoff.Aftermath_of_Financial_Crises.pdf

http://www.bankruptcycanada.com/leakycondo1.htm

http://www.canadianmortgagetrends.com/canadian_mortgage_trends/

http://www.canadianlawsite.ca/realestate.htm
]]> Why Canada's Housing Market Didn't Crash as US http://www.greatrealestate.ca/Blog.php/71 Fri, 02 Jul 2010 22:12:01 -0700 Richard & Olga Balov Mortgage and Finance http://www.greatrealestate.ca/Blog.php/71  http://www.cnbc.com/id/38017232 

 

Discussing whether the United States should use Canada as an economic role model, with CNBC's Diana Olick; James Pethokoukis, REuters BreakingViews; and Jonathan Macey, Yale University professor.
]]> Guildford Open House! http://www.greatrealestate.ca/Blog.php/70 Tue, 29 Jun 2010 12:50:14 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/70 We are proud to announce that this Saturday, July 3, 2010, 3:00 PM to 4:00 PM we will be hosting an Open House at 10250 155A Street in Guildford, North Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Guildford.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Guildford Townhouse for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Maillardville Open House! http://www.greatrealestate.ca/Blog.php/69 Tue, 29 Jun 2010 12:49:12 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/69 We are proud to announce that this Saturday, July 3, 2010, 2:00 PM to 4:00 PM we will be hosting an Open House at 976 ADAIR Ave in Maillardville, Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Maillardville.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Maillardville Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> UPDATED: Uptown NW Open House! http://www.greatrealestate.ca/Blog.php/68 Thu, 24 Jun 2010 15:24:35 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/68 Please note the change for this upcoming openhouse.

We are proud to announce that this Saturday, June 26, 2010, 2:00 PM to 4:00 PM we will be hosting an Open House at 220 11TH Street , in Queen's Cove in Uptown NW, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Uptown NW.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Uptown NW Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Uptown NW Open House! http://www.greatrealestate.ca/Blog.php/67 Thu, 24 Jun 2010 15:24:09 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/67 We are proud to announce that this Thursday, June 24, 2010, 12:00 PM to 12:00 PM we will be hosting an Open House at 220 11TH Street , in Queen's Cove in Uptown NW, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Uptown NW.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Uptown NW Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Guildford Open House! http://www.greatrealestate.ca/Blog.php/66 Thu, 24 Jun 2010 15:23:44 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/66 We are proud to announce that this Sunday, June 27, 2010, 2:00 PM to 3:00 PM we will be hosting an Open House at 10250 155A Street in Guildford, North Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Guildford.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Guildford Townhouse for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> PROPERTY TRANSFER TAX AND THE FIRST TIME HOME BUYERS’ PROGRAM http://www.greatrealestate.ca/Blog.php/65 Mon, 21 Jun 2010 15:47:27 -0700 Richard & Olga Balov For Buyers http://www.greatrealestate.ca/Blog.php/65 PROPERTY TRANSFER TAX AND THE FIRST TIME HOME BUYERS’ PROGRAM

Property Transfer Tax
You pay property transfer tax each time you register a property at the Land Title office.

The First Time Home Buyers’ Program
If you are purchasing your first home, you may qualify for an exemption from property transfer tax
if certain requirements are met.

WHAT ARE THE REQUIREMENTS?
Purchaser: You qualify for the exemption if:

�� you are a Canadian Citizen, or a permanent resident as determined by Immigration Canada,
�� you have lived in British Columbia for 12 consecutive months immediately before the date
you register the property, or you have filed 2 income tax returns as a British Columbia
resident during the 6 years before the date you register the property,
�� you have never owned an interest in a principal residence anywhere in the world at anytime,
and
�� you have never received a first time home buyers’ exemption or refund.

Property
The property you purchase qualifies if:
�� the fair market value of the property is not more than the current threshold of $425,000,
�� the land is 0.5 hectares (1.24 acres) or smaller, and
�� the property will only be used as your principal residence.
If the property does not meet all of these requirements, you may still qualify for a partial
exemption.

Details: http://www.rev.gov.bc.ca/documents_library/brochures/FirstTimeHomeBuyer.pdf

]]> Real Estate Market Absorption Rates http://www.greatrealestate.ca/Blog.php/64 Tue, 15 Jun 2010 00:06:04 -0700 Richard & Olga Balov Statistics http://www.greatrealestate.ca/Blog.php/64                      for 2 br Condo in New Westminster area                   as of June 14, 2010

 

 

Solds in

Average sales

Month

 

Price Range

Active

6 month

per month

to sell

 

 

 

 

 

 

 

275-300,000

19

34

5.67

3.35

 

300-325,000

26

36

6.00

4.33

 

325-350,000

51

43

7.17

7.12

 

Total

96

113

18.83

5.10

 

 

 

 

 

solds Dec 18 Jan 23 Feb 11 March 27 April 22 May 17 June 3 Average days on the market: 34 days ]]> Maillardville Open House! http://www.greatrealestate.ca/Blog.php/63 Mon, 14 Jun 2010 14:08:13 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/63 We are proud to announce that this Saturday, June 19, 2010, 2:00 PM to 4:00 PM we will be hosting an Open House at 976 ADAIR Ave in Maillardville, Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Maillardville.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Maillardville Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> 301 976 ADAIR Ave, Coquitlam, British Columbia http://www.greatrealestate.ca/Blog.php/62 Fri, 11 Jun 2010 15:22:44 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/62 I just finished uploading this Condo for sale, 301 976 ADAIR Ave, Coquitlam, British Columbia

TOP FLOOR Luxurious 2 bedroom + 3 bath condo is conveniently located in cul de sac in trendy Maillardville, Beautiful open concept living/dining room boasting 9 ceiling, crown mouldings, french doors & gas fireplace. Gourmet style kitchen with top stainless steel appliances,gas range, black granite counters & Italian wood cabinetry, 2 large bedrooms are completely separated,each has its own ensuite and access to private covered deck. Insuite laundry & underground private triple garage. Central location, close to shopping,restaurants, HWY access & skytrain. Make it your home!

]]> Uptown NW Open House! http://www.greatrealestate.ca/Blog.php/61 Tue, 08 Jun 2010 17:42:25 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/61 We are proud to announce that this Saturday, June 12, 2010, 1:00 PM to 2:00 PM we will be hosting an Open House at 220 11TH Street , in Queen's Cove in Uptown NW, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Uptown NW.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Uptown NW Condo for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> Guildford Open House! http://www.greatrealestate.ca/Blog.php/60 Tue, 08 Jun 2010 17:39:34 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/60 We are proud to announce that this Sunday, June 13, 2010, 2:00 PM to 4:00 PM we will be hosting an Open House at 10250 155A Street in Guildford, North Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Guildford.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Guildford Townhouse for sale.

As always please do not hesitate to give me a call at 778-997-0799 if I can answer any questions before the open house, or if you would like to book a private showing.

Richard & Olga Balov
Sutton Group West Coast Realty

]]> 101 10250 155A Street, North Surrey, British Columbia http://www.greatrealestate.ca/Blog.php/59 Tue, 08 Jun 2010 09:53:13 -0700 Richard & Olga Balov Listings http://www.greatrealestate.ca/Blog.php/59 I just finished uploading this Townhouse for sale, 101 10250 155A Street, North Surrey, British Columbia

DUPLEX STYLE TOWNHOME is located in PRIME Guildford area! This home offers large private backyard surrounded by mature trees, has only one neighbor on the right and plenty off street parking. Practical floor plan gives you a feeling that you live in a house. Family room with fireplace, large bright kitchen has alot of cabinets and huge eat-in kitchen area that could be used as an office, 3 spacious bedrooms, master bedroom is separated from other 2 bedrooms and has its own ensuite and walk-in closet, laminate flooring, newer fridge and stove. Complex nestled on quiet residential street and close to Johnston Heights High and Elementary schools, Guildford Mall, T&T Supermarket, many restaurants, Hwy 1, park, library & rec centre.

]]> Buyer’s Assistance Program http://www.greatrealestate.ca/Blog.php/58 Sat, 05 Jun 2010 23:46:24 -0700 Richard & Olga Balov For Buyers http://www.greatrealestate.ca/Blog.php/58 pcs-3.JPG

PCS-1.JPG

pcs-2.JPG

]]> The popularity of combination mortgages http://www.greatrealestate.ca/Blog.php/56 Sat, 05 Jun 2010 18:24:57 -0700 Richard & Olga Balov General http://www.greatrealestate.ca/Blog.php/56 The popularity of combination mortgages - which offer both fixed and floating rate segments - is on the rise, according to RBC's 17th Annual Homeowners Survey. 
In fact, 40% of Canadians who are likely to purchase a home within the next two years plan to take out a combination mortgage, compared to 32% in 2009.
The surging popularity of combination mortgages indicates that Canadians are trying to maximize low interest rates while at the same time retaining the security of a fixed mortgage. The poll also revealed a marked gender split with more women (46%) than men (35%) preferring a combination mortgage.
 "Although interest rates are expected to rise, our study shows that not all Canadians intend to automatically opt for a fixed mortgage with a longer term," said Marcia Moffat, Head, Home Equity Financing, RBC Royal Bank. "As consumers begin to learn about the benefits of mortgage diversification, we're seeing more homebuyers gain a better comfort level with adding floating-rate mortgage options."
While combination mortgages are gaining in popularity, fixed-rate mortgages continue to be the most common choice for potential buyers and are preferred by 44% of Canadians likely to buy a home within the next two years. Atlantic Canadians are most likely (54%) to opt for a fixed rate, with Ontarians (41%) least likely to do so. 

Click here for more details on the RBC study.

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