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    Worth the penalty to change to variable rate?

    I think variable is a good option even with the penalty. You are talking about a $300 difference so it is only 6 months at the lower rate that will take care of the penalty amount based on the differential, and then you benefit from the lower variable over some unknown extended period. As for...
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    Should I still buy if it has low condo reserves

    QUOTE (sbin @ Apr 22 2010, 03:35 AM) thanks, the developer renovated the common places before conversion, so its done. underfunding the condo is the main concern I have, but this condo seems to be in good-okay shape considering its built in 1980. this condo near the new century park LRT in...
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    Investments Gone Bad...

    QUOTE (markbrad @ Apr 10 2010, 09:36 PM) Here`s one for me. It didn`t really end bad, but I was dissapointed! I decided to diversify, and make some quick money. I hoped! This is when oil hit it`s low of $38 or close to it, and natural gas was about 2.82. I knew it couldn`t go much lower, so I...
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    The Elusive Canadian Housing Bubble

    I am surprised there are not very many comments about this. I didn`t read the entire paper in detail but scanned through it and there are many interesting points made. There are convincing enough arguments made to say we are in a bubble. I think the overvaluation in many cities probably can...
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    Petracorp Edmonton

    QUOTE (EdmInvestor @ Oct 29 2009, 03:43 PM) I have already invested with Dan and Petracorp some 2-3 yrs ago. Like many other companies doing condo conversions lately Petracorp hasn`t been able to payout as planned and keep prolonging investment payout. I have an extremely hard time communicating...
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    Petracorp Edmonton

    QUOTE (EdmInvestor @ Oct 8 2009, 03:06 PM) Anyone dealt with Petracorp before? They do condo conversions and operate out of Edmonton. Doesn`t anyone have any feedback or comments on this company? Good or bad. Thanks. I have dealt with Dan and his company. Seems okay. Contracts have been...
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