QUOTE (dwb @ Mar 24 2008, 05:41 PM) Prime is going from 5.25% where it currently stands all the way down to 3.75% according to TD Economists and RBC Economists. The forecast is that Prime will be cut by 50 basis points at each of the next three meetings. Seeing as you can still get a mortgage...

QUOTE (amiepardy @ Jan 30 2008, 10:09 AM) I personally know a few people who do very well buying foreclosures in Alberta. Again it depends on your knowledge of how to buy and analyze the property you are buying. It has to go through a similar filter as any other home that you are considering...

QUOTE (albertarick @ Nov 26 2007, 09:33 AM) In regards to RK, I want people to be very careful about following his advice. You are much better off following the advice of the people on this board. It would be nice if RK`s books were moved to the fiction section. Hello albertarick, I think if...

When you reply back that you have a place available for them they make arrangements to send you a cheque or bank draft of some type for more than you asked. There will be some type of explanation that they need to get money converted to Canadian funds, just received an inheritance, they have to...

QUOTE (LZARIF @ Nov 6 2007, 02:20 PM) Hi I purchased a house in Vancouver and I know that is quite different from Alberta.Normally in Vancouver,buyers pay the deposite once and after the removal of conditions and is about 5% of the value .But in Alberta as Don said,buyers pay 2 deposit and...

QUOTE (craigsherley @ Nov 6 2007, 09:53 AM) Hello all, My dilemma is that I have a good prospective tenant who is asking for these terms but I`m not sure that if I refuse the 6 month term offer and request the 12 month term that he`ll stick around. What type of experience have other REIN...

QUOTE (KenReynolds @ Oct 31 2007, 10:37 AM) In answer to the question about a professional to evict tenants, I`ve used Shawn Shewchuk (he`s listed in the resource section of this website) on the few occasions that I`ve had the tenant from hell. He got the job done and saved me a lot of...

Hi Katzma2, The other posters have some good points, and Quickstart would definitely provide you with a better perspective. The question you may need to ask is what your goal is. If you definitely need the money to make your other property work then you have to sell your current home. If your...

QUOTE (zrichsoon @ Sep 19 2007, 09:29 PM) If a fireplace is in a property as primary Or secondary heat... who should be responsible for getting the chimney swept?? Is that a Landlord or tenant expense? How much insurance do you have for the property? If you have so much insurance it doesn`t...

In separate conversations with my Lawyer and Realtor this morning assumable mortgages came up and they both mentioned the door is rapidly closing on assumables here in Alberta. Apparently after November 1st you won`t be able to assume any properties without qualifying. Right now Bank of...

Hi Marc, We have used A1-Concrete with some success! Regards, Bill