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  1. wealthyboomer

    Radical changes coming for CREA

    QUOTE (luckyluciano @ Oct 2 2010, 07:46 PM) Let`s not be naïve. This type of ruling has existed in the U.S. For several years....not much has changed.....business as usual. The only persons who truly benefits here are the brokers who want to push their failing business models. Realty sellers...
  2. wealthyboomer

    Grow ops

    There are so many considerations when buying a former grow-op property as such because of the current, or future mold issues; Wastes from chemical operations that might result in contamination of the property and septic field if it has one; Electrical issues as far as how much of the wiring...
  3. wealthyboomer

    Radical changes coming for CREA

    QUOTE (RedlineBrett @ Feb 10 2010, 12:09 PM) If the CB wins CREA could decide to just take MLS.ca offline altogether like Don mentions. Ya, like that is going to happen.
  4. wealthyboomer

    Radical changes coming for CREA

    I wonder if some FSBO sites like Comfree, etc, will hire a manager and get a brokerage licence, and enter the MLS. The FSBO market will die and the MLS WILL THRIVE and the consumer will be the clear winner. Good realtors who can "read" the market, are really knowledgeable in real estate matters...
  5. wealthyboomer

    Alberta House Prices OVERVALUED.

    QUOTE (JimWhitelaw @ Oct 1 2010, 12:46 AM) Published by the same institution that just agreed to pay USD$2.4B to settle one of several lawsuits concerning its role in the Enron scandal: http://www.cbc.ca/money/story/2005/08/02/C...nron050802.html What`s your point? Other Canadian Banks also...
  6. wealthyboomer

    Alberta House Prices OVERVALUED.

    Alberta House Prices Overvalued: http://tinyurl.com/36pg2zr
  7. wealthyboomer

    Radical changes coming for CREA

    QUOTE (JDaley @ Feb 11 2010, 09:54 AM) Exactly! The CREA will likely settle because the CREA can not and will not win. And despite the CREA`s claim that they have been working with the CB to resolve this, the CREA had not gone far enough. If I were a seller today and could wait for a year or...
  8. wealthyboomer

    Tax Sale Good or Bad Idea?

    Here is one happening in Kelowna, BC on September 27, 2010: http://tinyurl.com/243m87g
  9. wealthyboomer

    Buying down the rate

    QUOTE (ThomasBeyer @ Sep 13 2010, 04:22 PM) as the saying goes: the [not necessarily early] consistent (&phoning) bird catches the worm !! ..and the second mouse gets the cheese!
  10. wealthyboomer

    Canadians Snap Up U.S. Properties

    QUOTE (Rickson9 @ Sep 11 2010, 02:31 PM) Although I feel that it is unlikely, I would really welcome the destruction-of-the-U.S.-real-estate-market scenario. For the sake of current U.S. homeowners I hope it doesn't come to pass, but having said that, I won't lie - I would be having a very good...
  11. wealthyboomer

    Help. Studnt house clepto

    QUOTE (Sherilynn @ Aug 29 2010, 08:50 PM) The exact law varies by province, but it all falls under the Privacy Act. Check out this link to the Office of the Privacy Commissioner of Canada: Privacy Commission Highlights: "In the private sector, surveillance through a video camera is...
  12. wealthyboomer

    Do I need a mortgage license?

    QUOTE (Luxmal @ Aug 29 2010, 03:54 PM) One friend want to borrow some money from me and let me register second mortgage on his two properties. Do I need a mortgage license for it? NO.
  13. wealthyboomer

    Help. Studnt house clepto

    QUOTE (Sherilynn @ Aug 27 2010, 12:51 AM) Be very careful with cameras. By law you must have signs posted warning people that the premises are under video surveillance. Without proper signage, criminals can actually sue you for invasion of privacy or some other ridiculous charge. I`m all...
  14. wealthyboomer

    Canadians Snap Up U.S. Properties

    Here is an interesting read...America Facing Depression and Bankruptcy: http://tinyurl.com/2aphogo
  15. wealthyboomer

    Real Estate Licence Queston

    QUOTE (gwasser @ Aug 19 2010, 08:47 AM) IBut you also have to do mandatory courses to keep your license during your one year absence to stay current. If you don`t do them you lose your license. Is that true for non-board agents?
  16. wealthyboomer

    Stucked with a New condo, What should I do

    QUOTE (Goodstuff @ Aug 15 2010, 12:40 AM) Are you kidding??? I just took possession of a new downtown condo in Calgary that I pre-purchased back in 2006. It was supposed to be finished two years ago. I had my contract checked out by a lawyer who told me I couldn`t get out of it. If I could...
  17. wealthyboomer

    Will The Bank Of Canada Raise Rates in September

    QUOTE (MikeMcCrae @ Aug 4 2010, 10:12 AM) I think they will stay the same this round but I would like to see them rise. I think if they go up lending rules will relax a bit. Maybe my theory doesn't make sense but I think if the investment community has access to more profit they will take on...
  18. wealthyboomer

    Canadians Snap Up U.S. Properties

    July 27 (Bloomberg) -- About 18.9 million homes in the U.S. stood empty during the second quarter as surging foreclosures helped push ownership to the lowest level in a decade. The number of vacant properties, including foreclosures, residences for sale and vacation homes, rose from 18.6 million...
  19. wealthyboomer

    Getting rid of a roommate

    QUOTE (Goodstuff @ Jul 19 2010, 12:38 AM) I want to get rid of a "roommate". In addition to my properties, I live in a house and rent rooms out to help pay the mortgage. I`ve got one roommate that I want to get rid of. He pays rent on time, doesn`t damage anything, but is very annoying in ways...
  20. wealthyboomer

    Canadians Snap Up U.S. Properties

    QUOTE (housingrental @ Jul 17 2010, 11:49 AM) Hi Rickson Thank you for your responses It is of course fine if your not willing to talk in more details.... However with this your posts aren`t particularly helpful... Why promote a path if obscuring it? It`d be like if I started posting on how much...
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