Brenda Evans
RE/MAX Little Oak
9 2630 Bourquin Crescent West, Abbotsford, B.C.
P: 604-807-8882
F: 604-852-0542
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March 27, 2010        News Flash as Of April 19th, 2010

The minimum 5% down will still remain for owner occupied properties whereas minimum 20% down will apply to non-owner occupied properties. First time home buyers will have to now qualify based on a 5yr fixed rate as oppose to a 3yr rate. Effective, April 19th.
 

Tuesday, March 24, 2009 - Enhanced Tax Credit Provides Outstanding Opportunity for Home Buyers

In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers.  But time is of the essence for buyers who want to take advantage of this opportunity. Only homes purchased on or after January 1, 2009 and before December 1, 2009 are eligible. Use the links below to find out more about the tax credit. $8,000 Home Buyer Tax Credit at a Glance The tax credit is for first-time home buyers onl ... Full Article...
posted in General at Tue, 24 Mar 2009 15:00:51 -0700



Friday, March 20, 2009 - New Listing in Central Abby!

#108-2435 Center St    $170,600 Is it time to get into the market? Centrally located and close to the freeway access, Cedar Grove is family and pet friendly. You will love this freshly painted bright ground floor unit which features laminate flooring, open kitchen, 2 bedrooms & 2 bathroms. With over 1,000 sq ft of living space, your new home comes complete with large laundry room with loads of storage, gas fireplace, and secure underground parking. Please call us today for your personal viewing ... Full Article...
posted in Listings at Fri, 20 Mar 2009 09:28:02 -0700



Thursday, March 19, 2009 - BC Home Inspectors to be Licensed as of March 31, 2009

As of March 31, 2009, home inspectors will need to be licensed in order to work in BC. As part of licensing, hime inspectors will be required to carry insurance and complete a criminal record check.  For more information...go to the BPCPA website at http://www.bpcpa.ca From...NewsReal, The newsletter for Fraser Valley Realtors, March 16, 2009
posted in General at Thu, 19 Mar 2009 16:26:03 -0700



Sunday, March 15, 2009 - Nice Surprise for First-Time Home Buyers!

Hey, first-time homebuyer's: How does $8,000 from your Uncle Sam sound? Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers — an income tax credit of up to $7,500. The rules were simple: you must have been a first-time homebuyer (as defined by not owning a home in the previous three years) and you met certain income restrictions.  The new $8,000 tax credit is available to those who buy between January 1, 2009 and December 1, 2009. It&r ... Full Article...
posted in News at Sun, 15 Mar 2009 16:06:03 -0700



Saturday, March 14, 2009 - New Listing - F2906015

Just added this listing: "Is it time to get into the market? Centrally located and close to freeway access, Cedar Grove is family and pet friendly. You will love this freshly painted bright ground floor unit which features lamiante flooring, open kitchen, 2 bdrms and and 2 bathrooms. With over 1000 sqft of living space, your new home comes complete with large laundry room with loads of storage, gas fireplace and secure underground parking. Would love to do business with you!"
   posted in Listings at Sat, 14 Mar 2009 05:00:00 -0700



Thursday, March 5, 2009 - Another Drop in Interest Rates!

The Bank of Canada lowered its benchmark overnight lending rate by half of a percentage point to 0.5 per cent at its setting on March 3rd, 2009. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, declined to a record low of 0.75 per cent. The Bank acknowledged the global economy has continued to deteriorate since it last lowered rates in January 2009. “The nature of the U.S. recession, with very weak auto and housing sectors, is particularly ... Full Article...
posted in General at Thu, 05 Mar 2009 12:22:45 -0800



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