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Tuesday, June 24, 2014 - 10 things you should know about mould

Ten Things You Should Know About Mould Potential health effects and symptoms associated with mould exposures include allergic reactions, asthma, and other respiratory complaints.There is no practical way to eliminate all moulds and mould spores in the indoor environment; the way to control indoor mould growth is to control moisture.If mould is a problem, then it must be cleaned-up and sources of moisture eliminated.Fix the source of the water problem or leak to prevent mould growth.Maintain ... Full Article...
posted in home tips at Tue, 24 Jun 2014 12:56:31 -0600

Friday, June 6, 2014 - Managing the risks of Mould

Toxic mould has become a preeminent concern for property owners. However, mould contamination can be prevented through measures that control moisture, and respond efficiently to a water leak or discovery of an emerging mould condition.The term ?mould? or ?mold? describes more than a million species of microscopic fungi that grow on wet organic matter. Its many varieties can be found naturally outdoors as well as in indoor environments. As a rule, ?healthy? buildings contain levels of mould ...
posted in home tips at Fri, 06 Jun 2014 12:28:45 -0600

Thursday, June 5, 2014 - Home equity line of credit

If you have a home equity line of credit or are thinking of applying for one, pay close attention to its flexible terms and features. These can help you use credit wisely and plan a repayment strategy that works for you.

Use it as you need it. A home equity line of credit makes it easy to finance renovations, pay for large purchases or consolidate other debts at a more affordable interest rate. Since you pay interest only on the amount you actually use, it leaves you the flexibility of having a ready source of financing when you need it, whatever you need it for, subject to the terms of the Line of Credit Agreement.

Credit-wise tip: Borrow only what you really need right now. Avoid over-spending just because you have ongoing access to credit up to your available credit limit.

Pay at your own pace. Your home equity line of credit gives you the flexibility to pay as little as interest only, if that’s necessary for you. How and when you choose to repay your balance is up to you. As you pay off your outstanding balance, your available credit increases. It’s always important, though, to increase your payments when you can to ensure that you are paying down your balance responsibly.

Credit-wise tip: Pay more than just your minimum payment – any extra payment will go towards your outstanding principal balance. Whether it’s a one-time payment or increased monthly payments, you will save on interest costs.

Reduce your exposure to possible interest rate increases. With the TD Canada Trust Home Equity Line of Credit you can use the Fixed Rate Advantage Option to convert part of your balance to a fixed interest rate, if you are concerned about potentially rising variable interest rates.

You can opt to lock in all or a portion of your outstanding balance to a fixed interest rate, subject to a minimum amount of $10,000. You may choose a term of 1 to 5 years, amortized over any period of up to 25 years, and the applicable mortgage interest rate will apply. Once you’ve set up the Fixed Rate Advantage Option, you simply make regular payments of principal and interest and you may be given the option to renew it when the term ends.

Credit-wise tip: This option is great if you are working towards paying off your balance in a specific timeframe or simply trying to manage your budget!

posted in home tips at Thu, 05 Jun 2014 10:56:20 -0600

Wednesday, June 4, 2014 - May housing statistics

Residential sales in the city of Calgary totaled 2,948 units in May, a 16 per cent increase over the previous year. Sales last month were well above long-term trends and are the highest May activity on record. ?Strong sales activity is a reflection of improving fundamental conditions such as a growing population, favourable lending rates and rising wages,? says CREB® chief economist Ann-Marie Lurie. ?Leading up to May, resale market sales were somewhat restricted by lack of choice. However, ... Full Article...
posted in Calgary housing statistics at Wed, 04 Jun 2014 13:23:11 -0600

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