Blog

Growth and Development of the Tri-Cities

 

Did you know?
Recent Census data shows that between 2011 and 2016, the population of Port Moody grew by 1.6 per cent, from 33,011 to 33,551. By 2041, it’s estimated that Port Moody’s population could reach 50,000.
Get more facts on growth and development in Port Moody at :

 

 

 

 

 

Thinking of a change?
For any real estate questions, please don’t hesitate to call.

Start your search here:

Port Moody Homes

Coquitlam Homes

Port Coquitlam Homes

10 Pieces Of Personal Finance Wisdom We Owe To Gail Vaz-Oxlade

 

Gail Vaz-Oxlade, Canada’s no-nonsense money expert, retired last year (comfortably, we presume). And seeing as she made her exit while the debt-to-income ratio of Canadians crept towards a record high, Vaz-Oxlade’s trademark real-talk on saving, spending and expensive lattes is sadly missed. Here are some of Vaz-Oxlade’s wisest, timeless nuggets of personal finance wisdom.

 

Create spending priorities:

“Figure out what’s important to you. So what is it you really want? Is it eating out and spending time with your friends? Or do you want to own a home of your own? Decide, because you may not in fact want to own [a home] — you may simply be bowing to the pressures around you to own.”

 

Tax your fast-food:

“Keep a container in your car and every time you pick up a coffee, grab a sub or munch on a muffin, drop a buck in your bag. This will be your Fast Food Tax. Hey, if you can find the money for the coffee, you can find the money to save for your wedding too!”

 

Don’t leave the finances to one partner:

“It’s not unusual for one person to assume the nitty-gritty of daily finances…. The problem is that when one person is excluded, or totally abdicates responsibility, it means the other can mess things up with no monitoring or grow resentful at always having to do the detail…. Taking turns managing the chequebook, and having regular conversations so that both of you are clear about what’s going on, means you’re both in the know and working to the same ends. It also means that one person doesn’t have to deal with all the crap, while the other merrily laughs off the stress and frustration with, ‘You’re managing the money, so this is your problem to deal with.’ (Yes, there are dopes who say this.)”

 

Forget the fancy wine:

“$20 is about as much as you need to spend to get a great bottle of wine. And there are $10 bottles that taste great too! And if you’re going to be drinking all night, start with a more expensive $20 bottle, and then switch to the cheaper stuff later in the evening. Most people won’t notice.”

 

Don’t buy into retail therapy:

“Plastic is anesthetic — it dulls the pain, and then what happens is you just keep waiting for the next fake high.”

Cut the coffee:

“If you’re saving $20 a week by drinking less coffee (or taking it from home) and you’re 30 years old, eliminating that one bad habit will mean $84,000 in your pocket. Yup, $84,000! That’s some pretty expensive coffee.”

Be open with your partner about spending:

“I’m truly amazed at the number of people who hide stuff from their partners. They go shopping, bring home a bag of stuff, and rip off the tags — because, of course, their partners are morons and won’t recognize a new outfit when they see it…. If you can’t be open about what you’re buying, that should tell you something. If you think your partner is going to object to your spending, hey, listen up! And if you’re planning to mate and you haven’t sat down to talk about your money, you’re a fool, plain and simple.”

 

Don’t plan on early retirement:

“Life is for living. Saving is for the future. Doing either to the extreme, or neither for the sake of the other, is dumb. And so is the idea of spending the last 35 years of life doing nothing productive. Add 10 years back into the working equation and you not only put more money in your retirement savings pool, but you spend less years living on that pool of cash.”

Don’t use credit like as a back-up plan:

“If you bought that sales pitch that a line of credit (or any credit) is an emergency fund, you was fooled! Credit is debt waiting to happen and debt can be an emergency of its own. Sure, that line may see you through until you get another job. But then you’ll have to deal with getting that sucker paid off.”

 

Slow and steady is how you repay debt:

“One step at a time. You are on your way. Expect challenges. Keep your goal where you can see it.”

 

 

 

This piece was originally published in 2016 and updated in 2017. by Katie Underwood

 

Not Every Mortgage Broker is the Same. Win in multiple offer by being prepared

March 22nd, 7pm
Location Safeway at the Corner of Clarke Road and Como Lake ( Amenities room – top floor)

“Not Every Mortgage Broker is the Same. Win in multiple offer by being prepared”

This mortgage broker is dynamic and in tune with with lending policies seeming from his years of experience with CMHC.
He will provide an over of the market and the impact of the OSFI stress test and explain how different lenders are used in different situations.

Come with your questions, you will not be disappointed.

Etienne Beaudoin, from Xeva Mortgage, a former Residential Underwriter and Manager of Business Development at Canada Mortgage and Housing Corporation, answers these questions and more.

YMCA Coming to West Coquitlam

 

The YMCA together with Concert Properties is proposing the development of a recreation centre along with condos.

A 60,000 square foot public, 3-storey YMCA community, health, fitness and recreation facility that includes a new Burquitlam Community Police Station and Park-and-Ride facility are just some of the features of this plan.

 

Continue reading

Sold!

Sold in 3 days

No Multiple Offers

These clients were prepared and with the work of an amazing mortgage broker, we did not have to wait.

Don’t get stuck on bidding wars…there is a way.

Most mortgage brokers wait  and put in an application AFTER the offer is accepted.

The mortgage broker I work with will go above and beyond to get the deal approved.

He will even read the strata documents and YOU KNOW most will not even consider that.

Get in touch

Local Events

Festival du Bois 
It’s the 29th year for Festival du Bois, the largest and most-attended francophone festival on the west coast. Produced by Société francophone de Maillardville (a non-profit society), the event runs at Mackin Park. Tickets via festivaldubois.ca

Dates: March 23, 24 and 25

Easter Eggstravaganza
For ages 2-5 years. Lunch, games, crafts and an Easter egg hunt are planned for this special afternoon! Lunch will be provided for children only.

Dates: 69001 Thursday, March 29 12:00-1:30pm Recreation Complex, Port Moody
Call 604-469-4556 or register online

Easter Egg Activites
Greater Vancouver and Lower Mainland

https://vancouversbestplaces.com/vancouver-easter-activities/

Bedroom Storage hacks and Solutions

On a recent showing, I took a client to see a condo that was 410sqft in size. Now you might be thinking, “what the heck can I do in that space”?. The layout was great, 2 sliding doors that closed off the sleeping quarters, but there was a lot of unused space.

This led me to finding this article. There is so much you can do with space, you just have to be creative.

53 Insanely Clever Bedroom Storage Hacks And Solutions

Bedroom storage hacks and solutions are a dime a dozen. A quick Google search will reveal a sea of storage ideas. So how do you know which storage solutions to DIY or buy?

You don’t. But that’s ok because we’re here to help.

We sifted through tons of bedroom storage tips and products to bring you this huge list of 53 insanely clever bedroom storage hacks and solutionsthat you’ll actually want to DIY or buy — without having to break a sweat or the bank.

The result: a more spacious and organized bedroom/home office/closet/storage unit because let’s be real, we’re all tight on space.

So read on, and unleash your bedroom’s true storage potential. Plus, if Grayson Altenberg can maximize the space in his 100-square-foot micro-apartment, so can you.

1. Install shelves along the perimeter of your bedroom walls.

bedroom storage shelves installed along the perimeter of a wall
Decoist

The least-used space in your apartment is prime real estate for implementing creative bedroom storage ideas. And no space is more unused than the 12 inches of wall below your ceiling.

Put that space to work by installing shelves along the perimeter of your bedroom walls, which will add dozens of square feet of storage space.

Continue reading