It’s no secret that Canada’s major banks offer their clients the opportunity to skip mortgage payments. While this can work to their advantage, industry experts are not big supporters of the option. Bank customers are attracted to this method because no additional fees are required. Not surprisingly, the banks have been actively promoting the skip-a-payment […]
Continue readingHere’s a quick note from me, Rom Houtstra, to let you know how my Romrealty Team and I can help you—or anyone you feel comfortable introducing us to. Winter may not be peak selling season, but fewer homes for sale also means less competition from other homes on the market. It also may mean fewer […]
Continue readingKelowna Mountain’s Mark Consiglio Speaks To Local Media Mark Consiglio and Kelowna Mountain invited local media to announce that their cease trade order from the BC Securities Commission has been lifted. Consiglio also revealed some ambitious development plans for Kelowna Mountain in 2014 and spoke to the press about the RDCO, building permits, and more. […]
Continue readingDepreciation Reports As you may or may not know, the B.C. provincial government has introduced new regulations making depreciation reports mandatory for strata corporations in B.C. commencing January 2014. Strata corporations of less than 5 units will be exempt from the requirements, plus a strata corporation may consider exempting itself by passing a 3/4 vote […]
Continue readingThe Bank of Nova Scotia has reforecast its outlook on the Bank of Canada and now believes the bank will hold off on hiking its overnight rate until 2016. “The Bank of Canada probably now envisages spare capacity remaining into 2016,” the report stated. “It could well push out its forecast to return to the […]
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