Blog by Menno van Driel

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Sunshine Coast welcomes first-time home buyers

December 31st, 2011
As a first time home buyer, wouldn’t it be nice to settle in a place like the BC Sunshine Coast? With the big city nearby, you’re combining the best of both worlds. The bonus is that our real estate values are outstanding.
An average-price home now costs $800,000 in Vancouver. Can first-time home buyers still afford that? Perhaps the Sunshine Coast average price sounds more appealing: Try $400,000.

An average-price home now costs $800,000 in Vancouver. Can first-time home buyers still afford that? Perhaps the Sunshine Coast average price sounds more appealing: Try $4 ...

Sunshine Coast's growing population base

December 30th, 2011

Overpopulated we are not on the beautiful BC Sunshine Coast. However, many more people live here now than 20 or 30 years ago. Our growth trend is expected to continue.

Welcome to the Sunshine Coast. Our growth rates have been healthy for the past few decades; however there's still lots of expansion room available here on our underpopulated Sunshine Coast.

Welcome to the Sunshine Coast. Our growth rates have been healthy for the past few decades; however there's still lots of expansion room available here.

Welcome to the Sunshine Coast, where many people are finding a home near ...

Sunshine Coast baby boom retirement question

December 29th, 2011

Changing demographics are noticeable everywhere – although on the Sunshine Coast we see a somewhat extremer example of representation of baby boomers approaching their retirement ages. How is that going to affect us?

We're getting older, folks. In fact, many of us will be approaching retirement age fairly soon - this is going to change the make-up of society as we know it.

We're getting older, folks. In fact, many of us will be approaching retirement age fairly soon - this is going to change the make-up of society as we know it.

Some say that the ...

How to burn your mortgage much faster

December 28th, 2011

How would you like to get rid of your mortgage? If you’re looking at another 25 or 30 years of projected happy mortgage payments, this blog article will show you how to get rid of your mortgage burden much faster.

Is there a magic trick that'll make your mortgage disappear faster? Well, it's really more like persistent common sense - but it works so well.

Is there a magic trick that'll make your mortgage disappear faster? Well, it's really more like persistent common sense - but it works so well.

Most people will agree that it’s a ...

Is there a link between lower mortgage rates and higher prices?

December 27th, 2011

Quite a few people believe that there is a link between lower mortgage rates and ever increasing real estate prices? This precise link may be hard to measure precisely but what does simple logic have to say about this?

There's some logic to it: when interest rates are low, more people can afford a certain home at a certain price; this would logically prescribe that there could be upward pressure on prices.

There's something to it: when interest rates are low, more people can afford a certain home at a certain price; this would logically prescribe that there could be upward press ...

Better Sunshine Coast homes sell faster

December 26th, 2011

A buyer will always choose the house that looks best (everything else being the same: price, size, quality, features, location). Safe to say that a house that’s well cared for will sell first.

It makes a lot of sense that buyers will choose the nicest home out of two, when the prices of them are the same and they are otherwise comparable too.

It makes a lot of sense that buyers will choose the nicest home out of two, when the prices of them are the same and they are otherwise comparable too.

When something looks really good, you just have ...

What's the longest mortgage loan you can get?

December 25th, 2011

Thirty years is the maximum amortization period currently permitted for federally insured mortgages. Some lenders still offer 35-year product on non-insured mortgage loans.

How long do you want your mortgage loan to run? 20, 25, 30 or 35 years? Various mortgage scenarios are possible, although the government might try to curtail the longer-running mortgage loans.

How long do you want your mortgage loan to run? 20, 25, 30 or 35 years? Various mortgage scenarios are possible, although the government might try to curtail the longer-running mortgage loans.

What would happen if we cut ...

Do you really need a mortgage rate hold?

December 24th, 2011

When you apply to get pre-approved for your mortgage, you’ll be offered a rate hold. If the rates go up, you are protected against that for a certain period. If they go down, you reapply to get the newer (lower) rate.

A mortgage rate hold is a magnificent tool to provide you with the security that you'll get a certain rate, even months prior to your mortgage date.

A mortgage rate hold is a magnificent tool to provide you with the security that you'll get a certain rate, even months prior to your mortgage date.

A mortgage pre-approval is ...

Sunshine Coast on Google Street View and more

December 23rd, 2011

When you’re looking for the BC Sunshine Coast, your search engine might come up with results in Australia. Obviously, there are other Sunshine Coast locations in other countries. To narrow down your search, here are some suggestions.

It's never been easier to look around the Sunshine Coast. No matter where you are, almost the entire Sunshine Coast can be viewed on the Internet.

It's never been easier to look around the Sunshine Coast. No matter where you are, almost the entire Sunshine Coast can be viewed on the Internet.

HOW TO FIND ...

Sunshine Coast: buy more with less

December 22nd, 2011

What was cheap once, possibly isn’t so cheap any more today. Then again, this is relative because virtually all prices (and income) have gone up quite a bit over time. It’s no different on the Sunshine Coast.

Those forty Thousand Dollar homes on the Sunshine Coast are not around any longer - but those with good memory might remember them from say 25 or 30 years ago?

Those forty Thousand Dollar homes on the Sunshine Coast are not around any longer - but those with good memory might remember them from say 25 or 30 years ago?

An increase in the gener ...

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