A Very Special Little Girl

anastasia-krowchuk.jpgThis event is dedicated to a very special 7 year old girl, Anastasia Krowchuk. She was recently diagnosed with Transverse Myelitis which is a neurological condition resulting from inflammation of the spinal cord.

How much she will recover is unknown. Anastasia experienced a rapid onset of the condition causing a worse prognosis than those with relatively slower onset.  She is paralyzed from the waist down and may remain wheelchair-bound and dependent on others for help with daily tasks.

All proceeds as a result of this event are going directly to the Krowchuk Family to help provide the best quality of life for Anastasia.

Tickets: $10.00/ person includes Spaghetti dinner.
Place:     Chippawa Fire Hall, Lyon’s Field
Date:    Saturday May 10, 2008.
Time:    3pm- 1am, dinner will run from 3pm till 7pm.

This event will also have a live band at 8pm and will have many prizes to be won as a result of donations made by you and the community.  Please come join in on the fun all while helping a great cause.

Please contact Brenda, Melissa or Johanna at 905-295-9995 during business hours or Brenda anytime at 905-988-3274/ Melissa at 289-257-8134 or Johanna at 905-380-6276 for any inquiries or details.  Any donation or contribution to the event is gratefully appreciated.

Donations may also be made to trust account # 6344084-151 for Anastasia at 5900 Dorchester Road TD Canada Trust, Niagara Falls (Cheques may be made payable to Janet Krowchuk, in trust for Anastasia).

Market Conditions

Pay attention to market conditions – they will have a definite impact on your position as a buyer. The table below lists the influences that different conditions may have on you. Impact and expenses may vary, depending on your area.

Market conditions

Characteristics

Implications

Buyer’s market – The supply of homes onthe market exceeds the demand. High inventory of homes. Few buyers compared to availability.Homes are on the market longer. Prices tend to drop. More time to look for a home. More negotiating leverage.
Seller’s market – There are more buyerslooking to buy a home than there are homes on the market. Smaller inventory of homes. Many buyers. Homes sell quickly.Prices usually increase. May have to pay more and make decisions quickly. Conditionaloffers may be rejected.
Balanced market – The number of homeson the market is equal to the number of buyers. Sellers accept reasonable offers. Homes sell within anacceptable time period. Prices are generally stable. More relaxed atmosphere. Reasonable number of homes to choose from.

Source: Royal LePage Canada

Types of Home Ownership

What type of home ownership is right for me?
There are three broad categories of home ownership:

1. Freehold
The owner owns the house and the grounds.

Freehold homes offer the most privacy and freedom of choice of any type of home. Homeowners are free to decorate and renovate as they please. They are also responsible for all the maintenance both indoors and out.

Freehold is the most common type of home ownership.

2. Condominium
The homeowner owns the unit and shares in ownership of common elements. Condominiums are usually apartment buildings, but also include townhouse developments and developments of detached buildings on private roads.

The homeowner is responsible for the interior area of the unit (everything from the plaster in). The condominium association is responsible for the up-keep of the exterior of the building, common interior elements (halls, elevators and parking garages, for example) and the grounds. All condominium owners pay a monthly fee to the condominium association to cover maintenance costs and common utility fees and taxes.

Condominiums often have strict rules regarding noise, use of common areas, and renovations to units. Condominium residents often enjoy less privacy than residents of detached homes.

Condominiums are usually less expensive than freehold houses.

3. Co-operative
Co-operatives (or co-ops) are similar to condominiums but instead of owning your unit, you own a share in the entire building or complex.

Co-op residents pay for maintenance and repairs through monthly fees and are subject to the rules and regulations of the co-op board.

If you decide to sell your shares and move out, the co-op board has the right to reject your prospective buyer.

Source: Royal LePage Canada

Current Mortgage Rates

Rate
Term
5-Year Fixed 5.79%
6-Year VRM 3.00 / 4.875%

Quote of the Week
“Fortune befriends the bold.”
Emily Dickinson

Have a great week!

paulcroteau.jpg

Paul Croteau
Mortgage Specialist
BMO Bank of Montreal
ph: (905) 321-3230
fx: (905) 641-7854
Paul.Croteau@bmo.com

When we change our clocks

clock.jpgBeginning in 2007, most of the United States begins Daylight Saving Time at 2:00 a.m. on the second Sunday in March and reverts to standard time on the first Sunday in November. In the U.S., each time zone switches at a different time.

In the European Union, Summer Time begins and ends at 1:00 a.m. Universal Time (Greenwich Mean Time). It begins the last Sunday in March and ends the last Sunday in October. In the EU, all time zones change at the same moment.

See more information about elsewhere in the world.

Spring forward, Fall back

During DST, clocks are turned forward an hour, effectively moving an hour of daylight from the morning to the evening.



us.jpg
United
States


eu.jpg
European
Union



Year

DST Begins
at 2 a.m.

DST Ends
at 2 a.m.

Summertime
period begins
at 1 a.m. UT

Summertime
period ends
at 1 a.m. UT

2004

April 4

October 31

March 28

October 31

2005

April 3

October 30

March 27

October 30

2006

April 2

October 29

March 26

October 29

2007

March 11

November 4

March 25

October 28

2008

March 9

November 2

March 30

October 26

2009

March 8

November 1

March 29

October 25

2010

March 14

November 7

March 28

October 31

2011

March 13

November 6

March 27

October 30

Date change in 2007

On August 8, 2005, President George W. Bush signed the Energy Policy Act of 2005. This Act changed the time change dates for Daylight Saving Time in the U.S. Beginning in 2007, DST will begin on the second Sunday in March and end the first Sunday in November. The Secretary of Energy will report the impact of this change to Congress. Congress retains the right to resume the 2005 Daylight Saving Time schedule once the Department of Energy study is complete.

Spelling and grammar

The official spelling is Daylight Saving Time, not Daylight SavingS Time.

Saving is used here as a verbal adjective (a participle). It modifies time and tells us more about its nature; namely, that it is characterized by the activity of saving daylight. It is a saving daylight kind of time. Because of this, it would be more accurate to refer to DST as daylight-saving time. Saving is used in the same way as saving a ball game, rather than as a savings account.

Nevertheless, many people feel the word savings (with an ‘s’) flows more mellifluously off the tongue. Daylight Savings Time is also in common usage, and can be found in dictionaries.

Adding to the confusion is that the phrase Daylight Saving Time is inaccurate, since no daylight is actually saved. Daylight Shifting Time would be better, but it is not as politically desirable.

A safety reminder

Many fire departments encourage people to change the batteries in their smoke detectors when they change their clocks because Daylight Saving Time provides a convenient reminder. “A working smoke detector more than doubles a person’s chances of surviving a home fire,” says William McNabb of the Troy Fire Department in Michigan. More than 90 percent of homes in the United States have smoke detectors, but one-third are estimated to have dead or missing batteries.

On a side note: Anyone driving this weekend, please be careful. Hopefully the last storm of the year should be hitting southern Ontario later today and Saturday.

T

Timothy Salisbury
Broker
The Salisbury Team
Royal LePage Niagara Real Estate Centre Inc., Brokerage
Toll Free – 1-800-467-8498
Office – 905-937-6000
View My Website at www.timothysalisbury.com
When Buying or Selling, please remember me!

What’s the best way to prepare for a move?

Moving Calendar

Four weeks before moving

* Decide what you want to take, what you want to throw out, and what you want to donate to charity or sell.
* Start using up frozen food and staples. Don’t buy any more than is necessary before moving.
* Start planning your trip. Make airline reservations. Book hotels and rental cars.
* Arrange for important school, medical, financial, and legal records to be transferred.

Three weeks before moving

* Arrange to have your pets transported or boarded. Start preparing your plants for the move.
* Get back any items you have lent (and give back any items you have borrowed). Pick up any items that are being repaired.
* Dispose of flammable items such as paint, aerosol cans, and cleaning fluids.
* Send change of address information to the post office and other businesses.

Two weeks before moving

* Schedule a date for a service firm to disconnect and prepare the appliances you are moving.
* Start packing non-essential items.
* Arrange for a babysitter for moving day.
* Start planning to disconnect utilities.
* Draw up a floor plan for your new home and start planning your furniture arrangement. (It makes moving in twice as easy.)

One week before moving

* Finish packing suitcases and basic essentials. Make sure valuable documents, currency, and jewellery are in a safe and easily accessible place.
* Drain garden hoses, lawn mowers, and other machinery.
* Defrost and dry the fridge and freezer. Don’t forget to empty the defrost water pan.
* Take down items such as curtain rods, shelves, light fixtures, and mirrors that you are taking with you.
* Dismantle large power tools, such as lathes and grinders.
* Make sure all of your important papers, keys, medications, and plane tickets are available for the trip.
* If you are travelling a long distance by car, you may want to have the car serviced.

Packing day

* Leave a clear workspace for the packers.
* Identify fragile and valuable items, items you are taking with you, and items being left for the new owners.

Moving-out day

* Plan to stay home until the moving van has left.
* Tour the house with the van operator during inventory. Sign the bill of lading. Confirm your new address and delivery date. Check destination contact phone numbers.
* Do a final check for overlooked items. Make certain windows and doors are locked, lights are turned off, utilities are discontinued or turned off, and the keys are transferred.

Moving-in day

* Try to get to your new home the day before the moving van arrives. Make sure the utilities are connected. Take another look to see if where you want your furniture to go is correct.
* When the mover arrives, check items unloaded against the inventory. Make arrangements for installation of appliances. Confirm unpacking requirements.

Source: Royal LePage Canada

Tips for Preparing Your Home for Sale

Detach your emotions
Remember, you are about to sell this house and the goal is to create a space in which as many people as possible will be able to envision as their potential home.  To properly prepare your home for sale you will have to pack away many of your personal items, including photos, souvenirs and other mementos.

Clean and reorganize
Clean your home from top to bottom and make sure all appliances are spotless.  Reorganize the closets and pack away some of your belongings.  Storage room is a priority for buyers and a full closet does a poor job of showcasing the amount of storage room available.  If you’re using a spare room for storage, pack away the clutter and ensure the space is properly furnished. .

Furnish empty properties and rooms
People buy homes not houses.  Empty rooms make it hard for buyers to get a good sense of the space.  Large rooms look cavernous and small rooms look even smaller when empty.  Oddly shaped rooms make it especially hard for buyers to visualize how to arrange the room.  Staging your empty property with the right furniture is key to ensuring that buyers will be able to visualize living in the space.

Brighten and lighten
Light-filled rooms are always appealing.  Open blinds and make sure your windows are sparkling clean.  If there are no windows in the room, make sure the lighting is adequate and keep all the lights on when showing the property, even during the day. A fresh coat of neutral coloured paint goes a long way to brighten up the space.

Spark your buyer’s imagination
Set the dinner table for a formal dinner, light the fireplace on a cold day, and add some fresh flowers to your décor.  Creating the proper atmosphere helps buyers envision themselves living in your home.

Fix minor repairs
Buyers prefer to see a home in move-in condition, even small things such as a dripping faucet can detract from the value of your home.

Don’t be too unique
Keep your décor simple and modern with neutral wall colours.  Unusual accessories and strong wall colours will limit your pool of buyers. This is also true for renovations. The right renovations can often boost the price of a home but be careful not to do it with too much flair.  Your unique style may set you apart but it will also shrink your potential pool of buyers.  Remember to keep it simple and modern.

Keep your neighbourhood in mind when renovating
Actual returns on renovations depend not only on the renovations itself but also on how your home compares to your neighbours’.  If your home is already above market value for your neighbourhood, your renovation may not yield a higher return.  Buyers looking at moderately priced homes won’t be able to pay a premium for luxury finishes. Ask your Realtor to give you an assessment of homes in your area before embarking on costly renovations.

Improve security
Household security is a sought after feature in homes and simple measures such as adding window locks and motion sensor lights outside can boost the attractiveness of your property.  In densely populated urban areas, simple additions such as blinds and shutters are good additions to provide privacy.

Source: Royal LePage Canada