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UNSECURED DEBT A RISK TO BANKS AND CONSUMERS ALIKE
To give my insights some credibility, Moody’s Investor Service believes that we are in very uncertain times right now and it’s unclear as to what obstacles we may face in the short term. David Beattie, VP and senior analyst at Moody’s, Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

Low Appraisals Don’t Have to Bring You Down
There’s no doubt that one of the most frustrating aspects of real estate is dealing with a low appraisal. And while the discrepancy between what a home is valued at and what the sellers are asking may be vast, that doesn’t always mean it’s Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

2011: A Year in Review
2011 had been forecast to “not be a year of fireworks and frenetic pace in the housing industry; rather it will be a slow, steady climb back to higher ground- which is more appropriate really, for a country that has been trying to find its’ Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

I have doubts about selling my house after I have accepted an offer? What are my options?
After you accept a buyer’s offer and all the conditions are met, the offer is binding on both sides. An Agreement of Purchase and Sale between you and the buyer is a legal contract and you are obliged to sell your home. If you don’t sell you Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

Can you recommend a REALTOR® or a home inspector?
We don’t recommend specific professionals. We do offer the following sources to help you make an informed decision: REALTOR® – click here to view the listings in the neighbourhood where you plan to buy or sell your home to see which REALTORS® Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

Can you explain sellers’ and buyers’ contractual obligations?
Buyers and sellers with signed contracts that are legally binding have many contractual obligations. Here are a few examples. Included items The standard form, Contract of Purchase and Sale, contains this clause: “The Purchase Price includes any Read More...

by Dan Jones, Personal Real Estate Corporation | 5 Comments

Can I cancel a listing contract, a buyer agency or an exclusive?
In BC, REALTORS® use standard form real estate contracts. The wording and terms of these contracts have been prepared by BC lawyers and have been tested in Canadian courts. Multiple Listing, Buyer Agency and Exclusive Listing contracts are made between Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

Housing Forecast Points to Market Stability in 2012
Note that this information is outdated. After declining 12 per cent in 2010, residential unit sales through the Multiple Listing Service® (MLS®) in BC are forecast to rise by 3 per cent to 77,000 units in 2011 and a further 4 per cent to 80,000 Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

What is a Mortgage?
What is a Mortgage ? For most people, buying a home means taking out a mortgage. That means you borrow money to buy a home, using that home as collateral for the loan. Financial institutions—banks, trust companies, insurance companies, credit unions, Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

Moving Directory
Moving Directory If you are moving or relocating to or within Penticton, BC the following important contacts will help make your move a smooth one. Utilities Hydro and Water Penticton City Hall 171 Main Street Penticton BC V2A 5A9 Tel: 250-490-2400 Terasen Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

Moving, Storage, Banking, Electrical, Utilities, City of Penticton Information / Directory
Moving Directory If you are moving or relocating to or within Penticton, BC the following important contacts will help make your move a smooth one. Utilities Hydro and Water Penticton City Hall 171 Main Street Penticton BC V2A 5A9 Tel: 250-490-2400 Terasen Read More...

by Dan Jones, Personal Real Estate Corporation | 0 Comments

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