Posted in: Open House
Drop by and say hello this Sunday 2-4pm, May 28 2011, at 6226 Sierra Morena Blvd SW.
This large bungalow with a fully finished walkout basement is walking distance to Westhills and in an excellent location to take advantage of the amenities of the area.
This great home provides over 2500 sq ft of living space across both levels with 4 bedrooms and 3 baths. As you enter you will notice the high vaulted ceilings of the front living room and dining room in this freshly painted home. Large windows fill the rooms with natural light. The dark stained oak kitchen with plenty of cabinets opens onto the breakfast nook and family room. Patio doors take you out to the very large deck with roofto p mountain views and stairs down to the backyard with mature landscaping. The large master suite includes an ensuite with standing shower and a therapeutic bubble bath. A second bedroom, full bath, laundry and great storage complete the main level. The fu lly finished walkout basement with dark hardwood flooring, modern fixtures and an excellent layout with 2 additional bedrooms and full bath would be an excellent nanny or mother-in-law suite. Call your Realtor to book your showing today.
See you on Sunday.
Posted in: Transportation
As work continues on the West LRT project, Calgary Transit has posted open house dates to inform folks about future bus services.
"Calgary Transit invites you to attend a public information session to review proposed bus route plans to serve Southwest Calgary when the West LRT opens in 2012. Residents are welcome to attend any open house session. Calgary Transit staff with be available to answer questions." - Full details and open house dates
Posted in: Community Profiles
Interested in the popular community of Tuscany?
The Tuscany Community Profile is now posted with great local information, detailed property searches, school information and more.
The double-up advantage allows you to make an extra payment usually equal to your normal monthly payment. Depending on your financial institution, you can make anywhere from 1 to 12 double up payments annually.
Each double-up payment is applied directly to the principle on your mortgage. This means you save thousands each and every time you make one of these double-up payments. Even one double-up payment per year can make a difference.
Based on a $100,000 mortgage at 6.00% interest for a 5-year term amortized over 25 years.
Your montly payment would be $639.81.
You would pay $28,225.07 in interest over the first 5 years.
You would pay $10,163.50 in principle over the same 5 years.
Implementing Double-Up Payment
What You will Save:
It can be hard for folks to save an entire mortgage payment to put down every year. If you can, consider this option to save on the long term cost of your mortgage. If not, consider some of the other tips such as rounding up your payments or switching to biweekly rather than monthly payments.
Courtesy of Daryl Marsden, President, Maximum Mortgages
Posted in: Market Trends
I personally wonder how much the weather dampened enthusiasm in April as many folks opted to seek a sun filled week away or hide inside rather than search for a new home. April was a slower month in 2011 than 2010 both in sales and new listings coming on market. Although the numbers are less, the balance of supply and demand has resulted in lower inventory levels and moderate growth in average prices. As prices are expected to slowly rise this year, we will see how buyers react to the opportunities of the spring market.
This month I posted some information about shopping for a mortgage. It is worth the read. As well, I posted some great resources for getting around calgary on transit and bikepaths.
I listed some great properties in the last couple of weeks. Check out details on my listing page.
As always, if you have any questions as you prepare to buy or sell your home, give me a call or send me an email anytime.
CREB Real Estate Statistics Package