RBC has introduced new rate specials for their 3, 4 and 5 year fixed term mortgages. To be eligible for these rates the new mortgage must advance within 30 days of the application date.  No extensions are permitted.

       3 year fixed – 3.60%
       4 year fixed – 3.99%
       5 year fixed – 4.14%

Please call Roberta & Tony with RBC at 780-418-7208 if you would like to take advantage of these special offers.

Roberta Melik I Mortgage Specialist I  Royal Bank of Canada
T. 780-418-7208  F. 780-418-7219
Edmonton & Area
Website:  http://mortgages.rbcroyalbank.com/roberta.melik

**For additional ADVICE YOU CAN BANK ON, please visit:  www.rbcadvicecentre.com       

Affordability erodes again in the first quarter of 2010…  RBC has released their latest quarterly Housing Affordability study pinpointing cross-country trends in housing affordability in provincial and major metropolitan housing markets.   Canada’s housing market started 2010 the same way they ended 2009: firing on all cylinders.  While a boom to sellers, the resulting strong home price increases, however, have hurt housing affordability across the country.  To read the complete article, visit the RBC website at: 
 http://www.rbc.com/economics/market/pdf/house.pdf

This article was forwarded to us by Roberta Melik and Tony Kovacic, Mortgage Specialists with Royal Bank of Canada.  Mortgage Specialists, RBC
780-418-7208
roberta.melik@rbc.com
tony.kovaci@rbc.com

Roberta Melik & Tony Kovacic

Special rate on new Homeline Plan lines of credit still available…

Just a quick note from Tony and Roberta of RBC to let you know about RBC’s Special Homeline Plan Credit Line Rate.

The RBC Homeline Plan is at Prime + .50%. Effective (Nov 2, 2009) the rate would be at 2.75%. (RBC Prime is at 2.25% today).

Call Roberta Melik or Tony Kovacic at 780-418-7224 for more information and let them show you how the RBC Homeline Plan Lines of Credit can benefit you.

Imagine purchasing your dream home only to discover after you’ve moved in that there are serious problems that will end up costing you thousands of dollars to repair.  Sadly, that is an all-too-common occurrence.  Spending a few hundred dollars on a quality home inspection can help give you added peace of mind before you invest in your new property.   

  Read the rest of this entry »

Prospective home buyers in the Edmonton Real Estate market and St. Albert Real Estate market are much better able to visualize your home as their home when there’s no clutter. A little bit of spring cleaning could mean money in the bank for homeowners anxious to sell in today’s shifting market.

Through our experience as REALTORS®, We have learned what’s important to prospective home buyers. Although many factors ultimately play into the purchase decision, let’s begin with the buyer’s ability to visualize. Read the rest of this entry »

Ok Before you start reading this some of you may decide that I am venting? And I may even have to admit to it (a bit).

I service the Edmonton Real Estate Market along with the surrounding area’s. I was originally licensed as an Alberta Real Estate Agent in 1989 and believe that I have worked very hard to build a business based on loyalty and working very hard for my clients. I give them my word and my loyalty. And, I definitely work very hard to achieve and surpass my clients goals whether they are buying or selling! I demand the same of anyone working with me.

My first job (when I was a teenager) was at McDonalds, my second was on my father’s construction sites…I was taught to work hard and I was raised to care. I enjoy my work. I do hope that my clients see this when working with myself and the remainder of  the Property Fusion Real Estate Team.

So, I am flabbergasted by the behaviour of some of my colleagues. And, I am astonished that clients would accept this level of service! But, maybe I am wrong? You tell me what level of service a buyer should expect when they are working with a Real Estate Agent.  Read the rest of this entry »

In today’s competitive Edmonton Real Estate market, some agents are offering to cut their commissions in an attempt to attract more business. The truth is, they want to be listing agents. Here are some questions to ask before listing your home with an agent who’s willing to take a “pay cut” to work with you:

What is the agent’s primary motivation for cutting their commission?In all likelihood, it’s because they are in a positionwhere they simply need the business that badly. Do you really want to trust the sale of your property to someone who is desperate for your business? There is a difference between wanting your business and needing your business.

If your property doesn’t sell, what have you accomplished? Read the rest of this entry »

Market Price

Investor PriceThe most common mistakes sellers make when choosing a price:1. Not choosing the right price when a property is first listed.  In other words, thinking “We can always come down.”

2. Putting the property on the market at an unrealistic price.  A property must be priced on a comparative basis to the other properties which are similar.

3. Not relating marketing time to price.  Generally, the quicker you want to sell, the less you should be willing to take.

4. Calculating brokerage fees on top of the sales price.  A home is worth what it’s worth, with or without a commission.

5. Thinking that buyers aren’t comparing your home, on a dollar-for-dollar basis, with every other home on the market.