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  • Even the savviest investors can get caught up in fraud

    No such thing as high returns with no risk Investment scams are nothing new, as suggested by the phrase “a fool and his money are soon parted,” first written around the mid-1500s. But what if the victim was an experienced businessman with a substantial nest egg to prove it? When markets are volatile, anyone can fall prey to ...
    Posted to Glen Godlonton (Weblog) by 621833 on December 13, 2011
  • Alberta Buyers Win as B.C. Axes HST

    August 27, 2011  Mario Toneguzzi, Calgary HeraldB.C.'s harmonized sales tax has been a "disaster" for the recreational property market, critics say, and scrapping it will open the doors for buyers, many from Alberta, who have been sitting on the sidelines. "It's going to be well received. It's going to be huge ...
    Posted to Glen Godlonton (Weblog) by 621833 on September 20, 2011
  • Canadian job-seekers head west again – mostly to Alberta

    Workers are flocking back to Alberta after a recessionary lull, with the province’s hot jobs market luring people from every region of the country. Alberta tallied the fastest growth rate in Canada in the first quarter of the year, with its net inflow from other provinces hitting the highest level for a first quarter in five ...
    Posted to Glen Godlonton (Weblog) by 621833 on June 22, 2011
  • 5 Steps to Deciding How Much to Offer – or Ask – for Your Home

    By Tara-Nicholle Nelson, April 14, 2011 One of the hardest, most important decisions homebuyers face is how much to offer for their home.  And the glut of information on the web about real estate only makes buyers even crazier than the decision itself does.  Supply, demand, foreclosure rates, mortgage rates – buyers think they ...
    Posted to Glen Godlonton (Weblog) by 621833 on May 13, 2011
  • Tax implications when investing in U.S. real estate

    Calgary Herald, March 16, 2011 BY ALANNA CAPLAN  Between the collapse of the United States’ housing market and the weakened U.S. dollar, Canadians have been seizing the opportunity to invest in U.S. real property. U.S. tax authorities have increased their focus on foreign investments in the U.S. This increased focus has resulted in ...
    Posted to Glen Godlonton (Weblog) by 621833 on May 4, 2011
  • 8 tips for negotiating the best deal when you buy (or sell) your home

    1.    Get – and stay – clear on your deal points (must-haves and deal-breakers), and keep them to a minimum.  If you’re trying to get a chunk off of the asking price, as a buyer, or trying to be a stickler to your bottom dollar, as a seller, you’ll be much more effective if you can aggressively negotiate ...
    Posted to Glen Godlonton (Weblog) by 621833 on November 11, 2010
  • Pay down mortgage faster

    Buying a home and building equity over time is a great investment in your future. While homebuyers can look forward to one day being "mortgage-free," renters will continue to pay rent indefinitely and will likely see their rent payments increase significantly as time goes by. Even though the average time to pay off a mortgage is ...
    Posted to Glen Godlonton (Weblog) by 621833 on November 1, 2010
  • High-end buyers smell a bargain

    Dynamics in the housing market in and around Toronto are shifting so rapidly that many people are afraid to make any move at all. But some sellers and buyers are reacting quickly to the changes and striking deals as a result. On Lake Ontario’s waterfront in Oakville, Ont., developer Marc Hewitt mixed up his strategy for selling the luxury ...
    Posted to Glen Godlonton (Weblog) by 621833 on September 21, 2010
  • Summary of Flaherty's mortgage changes

    By Paul Vieira, Financial PostFebruary 16, 2010 7:03 AM showTab(''text/html'');   function resizeImage() { var imgBox = document.getElementById('imageBox'); var photo = document.getElementById('storyphoto'); if (imgBox != null && photo != null) { if(photo.width >= 460) ...
    Posted to Glen Godlonton (Weblog) by 621833 on February 19, 2010
  • New Mortgage Rules for Alberta, and all of Canada

    On February 16th Finance Minister Flaherty, announced some changes to “insured” mortgage lending in Canada.  These changes affect mortgages insured by CMHC, Genworth and AIG United Guarantee. From the Globe and Mail:  Finance Minister Jim Flaherty Tuesday announced tighter lending standards for mortgages, saying that ...
    Posted to Glen Godlonton (Weblog) by 621833 on February 19, 2010