July 2008

The Pros and Cons of Longer Versus Shorter Amortizations

by Maggie Chandler July 4, 2008 First Time Buyers

Choosing the length of your amortization period, which means the number of years you will need to pay off your mortgage, is an important decision for Vancouver home buyers that can affect how much interest you pay over the life of your mortgage.

 

Historically, the standard amortization period has been 25 years. However, shorter (10 or 15years) …

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Should I Sell My Vancouver Condo First And Then Buy? Or Vice-Versa?

by Maggie Chandler July 3, 2008 Common Questions

What is the best way to sell and buy another Vancouver condo? 

It’s a first time sellers dilemma. When you left the rental market and bought your first condo it was easy. Now you must figure out how to get your equity out of one condo so that you can purchase another one.  A recent client …

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Wordless Wednesdays

by Maggie Chandler July 2, 2008 Wordless Wednesdays

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Happy Canada Day!

by Maggie Chandler July 1, 2008

It’s Canada’s Birthday! When the British North American Act came into being on July l, 1867 Canada was born.

We’re living in Vancouver, which is voted the 4th Best City In The World! We’re also living in British Columbia, which the BC Government tells us is the Best Place on Earth!

Here’s what’s happening in Vancouver over …

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The Cold Hard Facts About Vancouver Condo Prices

by Maggie Chandler June 30, 2008

What exactly are the Vancouver condo prices doing? Are they up or  down and by how much?

A client called me last week and asked if he should sell his l bedroom investment condo in Coal Harbour and buy a two bedroom because there may be better value in the two bedrooms. Have the 2 bedroom …

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