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Just Ask

You may have friends and neighbors who are thinking about buying a new home this year.  You might even be considering the possibility of making a move yourself if the timing is right.

But how do you know if “now” is a good time to make a move?  After all, the real estate market is constantly changing.  Properties go on and off the market.  Prices go up and down.  Neighborhoods change.

Where to move?  Abbotsford, Mission, Chilliwack, is it cheaper to move out of the Fraser Valley?

It can be very confusing and stressful.

That’s where I can help.

One of the services I provide is an ongoing basis to valued clients is answering questions about the real estate market.

If you’re curious about what’s going on, give me a call or email.  I’m glad to help.

Just ask.

Dominion Lending Centres Freedom First – A Better Way

This edition of the Weekly Rate Minder has the latest, best rates for Canadian mortgages.
At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs.
Best of all — our service is free.* It’s the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)

• Our Best National Rates
• Explore Mortgage Scenarios with Helpful Calculators on http://www.lindafleming.com (http://www2.mambonetcom.com//cgi-bin/public/redir.pl?cid=1071&rid=17331&id=1699)

Terms Bank Rates Our Rates

6 Month 3.14% 3.10%
1 YEAR 3.04% 2.39%
2 YEARS 2.84%2.14%
3 YEARS 3.44% 2.34%
4 YEARS 3.89% 2.59%
5 YEARS 4.64% 2.64%
7 YEARS 5.30% 3.24%
10 YEARS 6.10% 3.79%

Rates are subject to change without notice. *OAC E&OE

Prime Rate 2.70%
Variable Rate 2.10%

Please note that rates shown above are subject to change without notice. The rates shown are posted rates and the actual rate you receive may be different, depending upon your personal financial situation. “Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. *O.A.C. E.& O.E.” Check with your Dominion Lending Centres Mortgage Professional for full details and to determine what rate will be available for you.

*O.A.C., E.& O.E.

* We are Canada’s largest and fastest-growing mortgage brokerage!
* We have more than 2,200 Mortgage Professionals from more than 350 locations across the country!
* Our Mortgage Professionals are Experts in their field and many are ranked among the best nationally.
* We work for you, not the lenders, so your best interests will always be our number one priority.
* We have more than 100 mortgage programs, making it easy to choose the best fit for your unique situation.
* We close loans in all 10 provinces and 3 territories.
* We can process your mortgage in as few as 7 days.
* We are the preferred mortgage lender for several of Canada’s top companies.
* Dominion Lending Centres’ Mortgage Professionals are available anytime, anywhere, evenings and weekends – and we’ll even come to you!

Linda Fleming
amp
Dominion Lending Centres Freedom First – A Better Way
Phone: 604-852-1703 ext 2
Cell: 604-857-2970
Email: info@lindafleming.com
http://www.lindafleming.com

How much money will I get back if I renovate?

When deciding on what type of renovation to undertake and how much to spend, consider how your future “resale” value will be impacted. Not all renovations are a smart idea and actually can reflect negatively on your eventual selling price.

Most people think that renovating will automatically guarantee an increase in property value. Not so. You obviously want to appeal to the greatest number of buyers when deciding on what should be renovated.

If you are looking to sell your home quickly, the cheapest and best return for your dollar is to spend a little on interior paint.

The below information is just an estimate on return.

Percentage recovered upon resale:

  • Kitchen upgrade: 75% to 100%
  • Bathroom upgrade: 75% to 100%
  • Interior painting: 50% to 100%
  • Roof replacement: 50% to 80%
  • Replacement of furnace or heating system: 50% to 80%
  • Expansion (addition of family room): 50% to 75%
  • Doors and windows: 50% to 75%
  • Deck: 50% to 75%
  • Installation of hardwood floor: 50% to 75%
  • Construction of a garage: 50% to 75%
  • Fireplace (wood or gas) 50% to 75%
  • Central air conditioning: 50% to 75%
  • Finished basement: 50% to 75%
  • Wood fence: 25% to 50%
  • Interlocking paving stones on driveway: 25% to 50%
  • Landscaping: 25% to 50%
  • Asphalt driveway: 20% to 50%
  • Pool: 10% to 40%
  • Skylights: 0% to 25%

As a General rule, forget about the luxuries and keep the renovations general and suitable to the neighbourhood and surrounding homes.