Thank you for all your support in 2015!

You made it happen for me... thanks to you...

I made top 10% of all Realtors in Greater Vancouver & ReMax 100% Club!
Look forward to seeing you at my Customer Appreciation Party!

Click on this link!!
http://www.jibjab.com/view/Rpx_8mknRba9fb7XW5z7ng?utm_campaign=URL+Copy&utm_content=SY_dance_havana&utm_medium=Share&utm_source=JibJab&cmpid=jj_url


Please look out for your offical invite in the mail :)

School Locator!

Need a Catchment Map & School List in Coquitlam, Port Moody and Port Coquitlam?

Want to check out the school locator? Click below

or copy this link to your URL:

http://mybaragar.com/index.cfm?event=page.SchoolLocatorPublic&DistrictCode=BC43

Type your address and your schools will show up!

Approximately 30,000 students attend schools in the tri-cities district in 67 schools!

Each school possesses it own personality and qualities that make each a unique representation of its students, staff, and community. Use the links below to get the specific information you want.

Elementary Schools

45 elementary schools, serving students from kindergarten to grade 5. For most students these early, formative years provide the foundation for lifelong learning.

Middle Schools

13 schools serving students from grades 6 to 8, the middle school acts as the transition from elementary to secondary. Middle school provides an environment where students can gradually be prepared for the requirements and demands of secondary school.

Secondary Schools

9 secondary schools are some of the newest and most innovative in the province serving students from grades 9 to 12. Many of our high schools offer new and renovated facilities and amenities.

Ask about the French Immersion Programs!

Visit http://ilovehomes.ca/schools.html

New Listing Coming Soon in Coquitlam, stay ahead of the game!!

Conditions within the Metro Vancouver* housing market continued to strengthen in February as home sale and listing totals came in well above the region’s ten-year average for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in February 2015. This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014, and a 60 per cent increase compared to the 1,913 sales in January 2015.

Last month’s sales were 20.2 per cent above the 10-year sales average for the month.

“It’s an active and competitive marketplace today. Buyers are motivated and homes that are priced competitively are selling at a brisk pace right now,” Ray Harris, REBGV president, said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,425 in February. This represents a 15.4 per cent increase compared to the 4,700 new listings reported in February 2014.

Last month’s new listing count was 11.8 per cent higher than the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the REBGV MLS® is 11,898, an 11.3 per cent decline compared to February 2014 and a 10.1 per cent increase compared to January 2015.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $649,700. This represents a 6.4 per cent increase compared to February 2014.

The sales-to-active-listings ratio in February was 25.7 per cent. This is the highest that this ratio has been in Metro Vancouver since March 2011.

“We’re seeing more multiple offer situations and generally more traffic at open houses today,” Harris said. “In a market such as this, it’s important to do your homework and work with your local REALTOR® before embarking on your home buying and selling journey.”

Sales of detached properties in February 2015 reached 1,296, an increase of 25.6 per cent from the 1,032 detached sales recorded in February 2014, and an 84.1 per cent increase from the 704 units sold in February 2013. The benchmark price for a detached property in Metro Vancouver increased 9.7 per cent from February 2014 to $1,026,300.

Sales of apartment properties reached 1,244 in February 2015, an increase of 20.5 per cent compared to the 1,032 sales in February 2014, and an increase of 63.7 per cent compared to the 760 sales in February 2013. The benchmark price of an apartment property increased 3 per cent from February 2014 to $386,500.

Attached property sales in February 2015 totalled 521, an increase of 11.8 per cent compared to the 466 sales in February 2014, and a 56.5 per cent increase from the 333 attached properties sold in February 2013. The benchmark price of an attached unit increased 4.6 per cent between February 2014 and 2015 to $481,500.

Source: http://www.rebgv.org/news-statistics/home-buyer-and-seller-activity-outpaces-historical-averages-february

Most Canadians aren’t aware that credit is not just a score or an ability to make payments on time, but is actually composed of a few different categories; hence, the five C’s of credit:

1. Credit shows the lender a snapshot of what the borrower’s repayment history has been over a period of time. This is the only way a lender can predict the borrower’s propensity to make future payments. The credit score is the primary measurement factor.

2. Capacity is the ability to repay loans. Arguably, this is the most critical of the five C’s of credit.  Lenders look at debt service ratios (total debt service and gross debt service), as well as payment history in order to assess a borrower’s capacity, or ability, to repay a loan. 

3. Capital is the amount of money that a borrower has invested in a property. It is otherwise known as a down payment. Lenders want to see how invested you are in a property before making a decision.  Loan-to-value is a measurement used to determine the amount of capital required as down payment, in addition to the rate and terms of the mortgage. 

4. Character can be described as a borrower’s general trustworthiness to repay loans. Factors such as length of employment and the borrower’s propensity to save and utilize credit responsibly all help to establish character.

5. Collateral can be thought of as additional security provided to the lender. The subject property itself – its value, location and characteristics – can be thought of as security, but collateral can also include outside parties that will guarantee the loan. These parties are often referred to as covenant partners.

The goal is to get a “YES” to your deal with a lender. The five C’s outlined above determine a borrower’s ability and willingness to make payments. Understanding what a lender is looking for allows you to set yourself up to put your best foot forward. If your investments are analyzed and planned correctly, every “YES” from your lender will bring your closer to achieving your goals.

Source: Canadian Real Estate Wealth