Looking for something fun to do with the whole family?! Why not check out some of these great community events!
July 26 Artisan’s in Waterwheel Park 10am-5pm Chemainus Chamber of Commerce (250) 246-3944
August 6,13 ,20 ,27 Wednesday Evening Market in Waterwheel Park Chemainus Chamber of Commerce (250) 246-3944
August 9Celebration - BC's 150th Birthday Bash Waterwheel Park. Chemainus Valley Cultural Society246-9102
September 3,10 Wednesday Evening Market in Waterwheel Park Chemainus Chamber of Commerce (250) 246-3944
September Silent Auction & Garage Sale in Waterwheel Parking Lot Chemainus Rotary Club Shannon (250) 246-2994
September 11 – October 25 The Miracle Worker by William Gibson Chemainus Theatre Festival (250) 246-9820
October 4 Harvest Moon Dance – Chemainus Legion Hall Fraternal Order of Eagles – Craig (250) 246-3947
October 5 Flea Market @ the Legion Hall 9am-2pm Royal Canadian Legion #191 Ann (250) 246-4880
November 2 Christmas Craft Show @ the Legion Hall 9am -2pm Royal Canadian Legion #191 –Ann (250) 246-4880
November 6 – December 28 Having Hope at Home by David S. Craig Chemainus Theatre Festival (250 246-9820
November 24Christmas Bazaar @ the Legion Hall Ladies Auxiliary
November 29Christmas Dinner Dance – Fuller Lake Activity Room Fraternal Order of Eagles – Merv (250) 246-3401
December 2 Golden Brush Community Awards @ the Theatre Chemainus Chamber of Commerce (250) 246-3944
December 6 Christmas Self Guided Walking Tour Gunnell (250) 246-2421
December 6 Chemainus Christmas Carol Ship – BC Ferries- Fraternal Order of Eagles (250) 246-3947
December 7 Flea Market @ the Legion Hall 9am-2pm Royal Canadian Legion #191 Ann (250) 246-4880
December 20 – January 3 KidzPlay Series – Rumpelstiltskin Chemainus Theatre Festival (250) 246-9820 out!
Saturday, July 26, 2008
Friday, July 25, 2008
REFINANCING
Should you break your mortgage for a lower rate?Yes and no. When you break your mortgage contract to renew your mortgage at a new rate and a new term, you're faced with a prepayment charge to reimburse your financial institution for the lost interest income. As a basic rule of thumb, the prepayment charge is based on three months interest or the interest rate differential (that's the difference between you present mortgage rate for the balance of your term and the current rate you want to take out), whichever is greater.
Did you know that most Banks and Lending Institutions offer the worst rate possible when your mortgage comes up for renewal?
In response, you say: "But, they have all my business, they will give me the best rate because I have been with them for years!" -Wrong!
The fact is that each Bank branch acts as a separate profit centre independent of the Head Office. They are rewarded and paid based upon the profitability of their over all mortgage portfolio. They know that most homeowners don't want to go through the hassle of shopping around, and possibly having to re-qualify for their mortgage at a different Bank, so, they offer you a higher rate and hope that you will take it.
Some homeowners are smarter than others, and they negotiate for a better rate. This usual results in a rate that is 0.50 - 0.75% better than what was originally offered in the renewal process. The smartest homeowners call a mortgage broker!
We are able to gain competing offers on your mortgage business and we usually return with a rate that is -1.00 to -1.75% better than your Bank would offer you. That's right, - 1.75% better! This can translate into incredible savings! (See below with only a -1.50% savings)
Imagine saving over $129 per month, and reducing your mortgage by an additional $3,000 in 5 short years!
Here's an example for you to consider:
Bank Renewal Mortgage Mortgage Broker Negotiated Mortgage
Mortgage Principal: $150,000 Mortgage Principal: $150,000
Rate 5 yr Term: 6 % Rate 5 yr Term: 4.50%
Monthly Payment: $959.71 Monthly Payment: $830.21
Savings Monthly: $0 / month Savings Monthly: $129.50
Mortgage Principal at Term end: $134,755 Mortgage Principal at Term end: $131,694
Savings on Principal: $0 Savings on Principal: $3,061 !!!
In addition to a better rate, we can usually tailor fit a mortgage product to your specific needs. We fit a Lender's product to your specific desire to have a flexible mortgage versus a closed mortgage, or a variable term versus a fixed term, etc. We deal with over 30+ Lenders, so options are always available!
Arguably the best reason to use us for your mortgage referral is that we know the secret. Secret you ask? Yes, the secret is that you can secure your mortgage renew up to 120 days before your mortgage actually renews! This often helps you save thousands of dollars in interest. For instance, if your mortgage renews on June 1st, we can secure a new rate for you as early as February 1st. It often happens that rates fluctuate every 60 days, so, you will often be able to get a preferred with us.
Take a moment now, and feel free to contact one of our highly skilled mortgage brokers to help save you money on your renewing mortgage.
Did you know that most Banks and Lending Institutions offer the worst rate possible when your mortgage comes up for renewal?
In response, you say: "But, they have all my business, they will give me the best rate because I have been with them for years!" -Wrong!
The fact is that each Bank branch acts as a separate profit centre independent of the Head Office. They are rewarded and paid based upon the profitability of their over all mortgage portfolio. They know that most homeowners don't want to go through the hassle of shopping around, and possibly having to re-qualify for their mortgage at a different Bank, so, they offer you a higher rate and hope that you will take it.
Some homeowners are smarter than others, and they negotiate for a better rate. This usual results in a rate that is 0.50 - 0.75% better than what was originally offered in the renewal process. The smartest homeowners call a mortgage broker!
We are able to gain competing offers on your mortgage business and we usually return with a rate that is -1.00 to -1.75% better than your Bank would offer you. That's right, - 1.75% better! This can translate into incredible savings! (See below with only a -1.50% savings)
Imagine saving over $129 per month, and reducing your mortgage by an additional $3,000 in 5 short years!
Here's an example for you to consider:
Bank Renewal Mortgage Mortgage Broker Negotiated Mortgage
Mortgage Principal: $150,000 Mortgage Principal: $150,000
Rate 5 yr Term: 6 % Rate 5 yr Term: 4.50%
Monthly Payment: $959.71 Monthly Payment: $830.21
Savings Monthly: $0 / month Savings Monthly: $129.50
Mortgage Principal at Term end: $134,755 Mortgage Principal at Term end: $131,694
Savings on Principal: $0 Savings on Principal: $3,061 !!!
In addition to a better rate, we can usually tailor fit a mortgage product to your specific needs. We fit a Lender's product to your specific desire to have a flexible mortgage versus a closed mortgage, or a variable term versus a fixed term, etc. We deal with over 30+ Lenders, so options are always available!
Arguably the best reason to use us for your mortgage referral is that we know the secret. Secret you ask? Yes, the secret is that you can secure your mortgage renew up to 120 days before your mortgage actually renews! This often helps you save thousands of dollars in interest. For instance, if your mortgage renews on June 1st, we can secure a new rate for you as early as February 1st. It often happens that rates fluctuate every 60 days, so, you will often be able to get a preferred with us.
Take a moment now, and feel free to contact one of our highly skilled mortgage brokers to help save you money on your renewing mortgage.
Thursday, July 24, 2008
Getting Schooled on Local Schools
If you have kids, the local school will be a big part of your new home buying decision. That’s why it’s important to get a schools “vital statistics,’ such as :
- Safety record
- Curriculum
- Accommodating for special needs
- Awards
- Average class sizes
- Extracurricular activities (sports. Arts. Crafts. Technology. Etc.)
- Scores on standardized achievement tests.
- Daily schedules and vacations
Even such seemingly inconsequential detail as hours of operation can be important. If school starts a half hour later than you expected, you may not be able to drop off your kids on your way to work and therefore, you will need t make other arrangements.
Subscribe to:
Posts (Atom)
