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Maria Mak - Burnaby REALTOR®/Burnaby Real Estate Agents - ** Latest real estate news** - 16 ways to sell your home faster

By Maria Mak - Sut... on July 10, 2012 - 9:19am

When selling a home , the marketing effort must be coordinated on all fronts. It also must be superior to the competition. This is especially true in a buyers' market where the homes sitting on the market seemingly outnumber the potential home buyers. In such an environment, you must lift your home out from this crowd and highlight it in the best way possible. You must out-think the competition.

All good marketing efforts begin life as a sound, basic plan and then evolves to fit the particular property and situation. Cut from whole cloth and then tailor-made, such a plan will incorporate innovative new ideas and "rearrange" old ones.

1. Select a Quality Realtor . There are also some who are little more than "order takers" who literally can't properly write out a contract, much less have the hard-won knowledge needed to position your home in the most appropriate and effective way for your particular market. So how do you find such an experienced, market aggressive realtor? Ask around. Check with friends and get some names. When selling in today's market, you need to be in the hands of a practicing "doctor" and not someone eager to practice on you.

Maria Mak. Burnaby REALTORS® / Burnaby Real Estate's. *Latest Housing Market Update*. Latest Mortgage News...

By Maria Mak - Sut... on July 9, 2012 - 8:41pm

 

Mortgage rules change today, but about half of Canadians don’t know it, a recent survey suggests many people are unfamiliar with the changes

New mortgage rules go into effect today in Canada but a recent survey suggests many people are unfamiliar with the changes.

Starting Monday, lenders can only issue home equity loans up to a maximum of 80% of a property's value — down from 85%.

The maximum amortization period also drops to 25 years from 30 years — giving borrowers less time to repay the debt in full.

In addition, the federal government is capping the maximum debt ratios for households and limiting government insurance to mortgages on homes with a purchase price of less than $1-million.

A poll conducted by Pollara for Bank of Montreal found only about half of those surveyed were familiar with the changes brought in by the federal government.

Maria Mak.Burnaby REALTORS® / Burnaby Real Estate Agents.Sutton Centre Realty

By Maria Mak - Sut... on July 7, 2012 - 1:24pm

First Time Buyer's Alert from Maria Mak. Burnaby Realty

This is the best prime time to get into the market before the mortgage rules changed and will be effective on July 9th 2012.

There are lots of good bargains listings out there in the market and with the help of the experienced and knowledgeable realtors in your area, start looking and chasing your first dream homes.

Contact Maria Mak and her team at Sutton Centre Realty @ 604-839-6368 today for all your premium real estate services, or visit her website www.mariamak.com, You'll be smiling too!

Maria Mak.Burnaby Realtors - June Housing Market Update from Real Estate Board of Greater Vancouver

By Maria Mak - Sut... on July 6, 2012 - 3:26pm

June Housing Marekt Update from Real Estate Board of Greater Vancouver

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 p

Burnaby REALTORs ® .Maria Mak. Greater Vancouver housing market favoured buyers in June

By Maria Mak - Sut... on July 4, 2012 - 9:46am

The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012.

June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484.

“Overall conditions have trended in favour of buyers in our marketplace in recent months,” Eugen Klein, REBGV president said. “This means buyers are facing less competition and have more selection to choose from compared to earlier in the year.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,617 in June. This represents a 3 per cent decline compared to June 2011 when 5,793 properties were listed for sale on the MLS® and an 18.9 per cent decline compared to the 6,927 new listings reported in May 2012.

Maria Mak - Burnaby Real Estate Agents - Burnaby Realtors @ Sutton Centre Realty - * Latest Real Estate Market Updates*

By Maria Mak - Sut... on June 30, 2012 - 7:19pm

Spring activity remains balanced in the Greater Vancouver housing market


VANCOUVER, BC - The number of properties listed for sale continued to increase in the Greater Vancouver housing market in May. The number of sales decreased year over year, but remained relatively constant compared to recent months. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,853 on the Multiple Listing Service® (MLS®) in May 2012. This represents a 15.5 per cent decline compared to the 3,377 sales recorded in May 2011.

Maria Mak. Burnaby Real Estate Agents. Burnaby Realtors @ Sutton Centre Realty- * latest mortgage news*

By Maria Mak - Sut... on June 30, 2012 - 7:15pm

OTTAWA — The federal government is moving once again to tighten mortgage-lending rules amid lingering concerns about an overheated housing market and rising household debt levels.

In a decision called for by some of the big banks — and one that's expected to soften housing prices — Finance Minister Jim Flaherty announced Thursday the federal government is reducing the maximum amortization period for a government-insured mortgage to 25 years from 30 years.

It's the third time the Harper government has reduced the maximum amortization period in the last four years, after it initially increased the lengths of mortgage terms to make it easier for Canadians to purchase homes.

The government has since ratcheted it back from 40 years to 35 in 2008, and then further reduced it to 30 years in 2011.

Visit Maria Mak's website www.mariamak.com for all detailed mortage rules being effective July 9th 2012, or contact Maria Mak and her mortgage teams @ 604-839-6368 for details.

World Poetry Proudly Presents an Award to Neamat Haidari from Afghanistan!

By worldpoetry on June 24, 2012 - 9:21pm

World Poetry is honoured to present the talented poet, photographer and filmmaker Neamat Haidari with a Empowered Filmmaker Award for his talent and quest for peace. He is a fine example of the Afghan youth who work tirelessly to present an alternative persceptive on Afghanistan, one of talent, culture and abilities. World Poetry also works to present positive images and support of this country that has been through so much.

Neamat writes: “Hi Ms. Ariadne Sawyer and World Poetry,
I want to cut down on my words and say: peace is the shine of first daylight which precedes the glow of prosperity.

I am really thankful to you for providing the chance to the youth generation by launching such momentous festivals which give them the opportunity to reveal and display their talents through poems and pictures.

I do not actually have the ability to thank you in a way that you deserve. This occasion has really encouraged me to put more tenacious steps towards my peace goal for the world especially for my hometown Afghanistan.

Thanks NH”

Brief Film Bio of the Afghan Filmmaker and director Nematullah Haidari.
Nematullah Haidari was born in Afghanistan Kabul 1981, He graduated from high school in Iran Tehran, now he is studying political science at Mashal Institute for higher education.

World Poetry is very proud to congratulate Bong Ja Ahn!

By worldpoetry on June 23, 2012 - 8:57pm

World Poetry is very proud to congratulate Bong Ja Ahn for recently winning the Korean Writers Association 21st Annual Distinguished Overseas Member Award.
(A Crystal Medallion Plaque and $1000)
She is a World Poetry Lifetime Achievment Award Winner and World Poetry Ambassador to Korea as well as a World Poetry Director and host.

A Brief biography: Bilingual poet and essayist born in Korea.
Writes about her love for nature and varied human sentiments and yearnings.

Member of: Korean-Canadian Writer’s Association, The World Poetry Reading Series Society and the Korean Writer’s Association, Writes literary columns for the local Korean newspapers, The Korea Daily and The Korea Times.
Her works have been published in several literary magazines on two continents.

World Poetry Ambassador to Korea (2008)

Literary Awards:
World Poetry Lifetime Achievement Award (2009).
W.I.N. Distinguished Poet and Essayist Award.
Korean Writers Association 21st Distinguished Oversea Member Award.

Author of Six Books:
The Blue Winged Fish (Poetry in English & Korean, 2004)
Because I heard you’re coming (Poetry in English & Korean, 2006)
Like a Camel, I carry yearnings on my back. (Essay in Korean, 2007)
Letter from the Sea (Poetry in English, 2009)
Living, Dreaming & In Between (Prose in English, 2010)

Maria Mak - Burnaby Realtor's latest mortgage update: Mortgage rules tightened as of today June 21 2012

By Maria Mak - Sut... on June 21, 2012 - 4:57pm

OTTAWA — The federal government is moving once again to tighten mortgage-lending rules amid lingering concerns about an overheated housing market and rising household debt levels.

In a decision called for by some of the big banks — and one that's expected to soften housing prices — Finance Minister Jim Flaherty announced Thursday the federal government is reducing the maximum amortization period for a government-insured mortgage to 25 years from 30 years.

It's the third time the Harper government has reduced the maximum amortization period in the last four years, after it initially increased the lengths of mortgage terms to make it easier for Canadians to purchase homes.

The government has since ratcheted it back from 40 years to 35 in 2008, and then further reduced it to 30 years in 2011.

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