Thanks to low interest Calgary mortgages, many people will be able to go into retirement without certain types of debt. However, according to a recent survey, back payments are something that many Canadians will still have to deal with.

The survey, which was conducted by Leger Marketing on behalf of the Canadian Imperial Bank of Commerce, found that one in every four Canadians who are between 50 and 59 years of age expect to have some debt in retirement. In addition, of these people, 80 per cent said that these cost obligations would likely last throughout their retirement years.

"While some Canadians may feel they can incorporate monthly debt payments into their retirement, the reality is that repaying debt before retirement remains an integral component of maximizing cash flow," said Christina...

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Canada’s thriving economy largely due to commercial real estate

Mortgage rates in Alberta and other parts of Canada may be a partial explanation for why the commercial real estate industry contributed billions of dollars to the country's economic vitality last year.

According to the Real Property Association of Canada, the commercial real estate sector added $63 billion to the nation's coffers in 2011, helping to create more than 340,000 jobs, generating $18.1 billion in personal income and $12.5 billion in profits among small and medium-sized companies.

The report, titled "The Contribution of the Commercial Real Estate Sector to the Canadian Economy," also detailed how much was invested in certain portions of commercial development. About 50 per cent of the total spending in the commercial...

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I have listed a new property at 7 FAIRVIEW DR SE in CALGARY.
OVER 6000 square feet of yard!!!! This little gem of a home just beckons you. Built in 1959 - and has been well loved. Newer roof, furnace, Hot Water tank. ORIGNAL HARDWOOD floors (WOW). 3 Bedrooms up and two rooms down. SO much potential that this home has to offer. Fenced back yard with single garage and carport. ROOM for more if you want. TREES, birds and park views all from this yard. ***OPEN HOUSE SEPT 29 & 30 - Saturday / Sunday 1pm to 4pm ****
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Please visit our Open House at 7 FAIRVIEW DR SE in CALGARY.
Open House on Saturday, September 29, 2012 1:00 pm
OVER 6000 square feet of yard!!!! This little gem of a home just beckons you. Built in 1959 - and has been well loved. Newer roof, furnace, Hot Water tank. ORIGNAL HARDWOOD floors (WOW). 3 Bedrooms up and two rooms down. SO much potential that this home has to offer. Fenced back yard with single garage and carport. ROOM for more if you want. TREES, birds and park views all from this yard. ***OPEN HOUSE SEPT 29 & 30 - Saturday / Sunday 1pm to 4pm ****
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SEEDS

It’s time to harvest the remaining vegetables from our garden.  While we enjoy the taste of garden fresh vegetables, a big reason for planting the garden is for our grandchildren.  They are excited to pull carrots, get them washed and then eat them with the tops still attached.  Whenever they get the chance they like to pull their own, which many times results in the tops being in their hands while the carrot is still in the ground.  This is particularly true of the larger carrots.  Often there will be a large carrot and right next to it a small one.

 

How can this be?  The seeds we planted were all the same, put side by side in the same soil, at the same time and cared for in exactly the same way.  Yet they have not all matured at the same...

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I have listed a new property at 7 FAIRVIEW DR SE in CALGARY.
OVER 6000 square feet of yard!!!! This little gem of a home just beckons you. Built in 1959 - and has been well loved. Newer roof, furnace, Hot Water tank. ORIGNAL HARDWOOD floors (WOW). 3 Bedrooms up and two rooms down. SO much potential that this home has to offer. Fenced back yard with single garage and carport. ROOM for more if you want. TREES, birds and park views all from this yard. OPEN HOUSE this weekend Sat & Sun (1pm to 4pm .... come by for a visit and see for yourself.
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Geese

 

It’s that time of year again, when we see geese flying south for the winter. We hear their honking and see that familiar V formation in the sky.

I’m sure that most of us have heard the reasoning for this formation. Scientists have discovered that as each bird flaps its wings, it creates uplift for the bird immediately following. By flying in V formation, the whole flock adds at least 71% greater flying range than if each bird flew alone. If a goose falls out of formation, it feels the drag and resistance of flying alone and quickly rejoins the formation.

Did you know that the reason the geese honk from behind is to encourage the others to keep up their speed? Also, when the lead goose gets tired, it rotates back and another takes its place as lead.

There are so many...

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Have the courage to change the things you can


If you are a seller, there are plenty of buyers in the market for a home they consider priced correctly. You have to decide what the correct price is for your home if you truly want to sell. If you want your house sold, you must list it at a price a buyer will pay for it. Not a buyer from 2006 but today’s buyer who has plenty of homes from which to choose. It will take courage to sit with a real estate professional and honestly decipher the true value of your home. If you want to sell, you must have that courage.


If you are a buyer, and you believe now is the right time for your family to purchase a home – DO IT! Prices are back to pre-bubble prices and interest rates are at historic lows. That means that your monthly housing expense...

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10 Questions to Ask BEFORE Renting Your Home

 

1.) How will you respond if your tenant says they can’t afford to pay the rent this month because of more pressing obligations? (This happens most often during holiday season and back-to-school time when families with children have extra expenses).


2.) Because of the economy, over ten percent of homeowners can no longer make their mortgage payment. What percent of tenants do you think can no longer afford to pay their rent?


3.) Have you interviewed a few experienced eviction attorneys in case a challenge does arise?


4.) Have you talked to your insurance company about a possible increase in premiums as liability is greater in a non-owner occupied home?


5.) Will you allow pets? Cats? Dogs? How big a dog?


6.) How will you actually collect...

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