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Monthly Archives: May 2012

One man’s distress is another man’s opportunity: US foreclosure sales hit 26%

One man’s distress is another man’s opportunity: US foreclosure sales hit 26%

With the number of foreclosed properties increasing, and average prices falling, there are opportunities for investors and ordinary buyers alike in the US real estate market. The numbers are almost breathtaking: in the United States, 26 per cent of all residential property sales so far this year have involved properties that were in some stage… Continue Reading

Is Toronto ready for a casino?

Harmless fun, stupid waste of money, or life-destroying addiction? Gambling can be all of these. People should be able to decide for themselves, shouldn’t they?  “Caesars representatives will be visiting the city next week to get the lay of the land.” Say that sentence while chomping on a fat cigar, with an Edward G Robinson… Continue Reading

Canadians doing fine with their mortgages, debt: report

Canadians doing fine with their mortgages, debt: report

Semi-annual report on mortgage industry says that many Canadians are taking steps to pay off their mortgages as quickly as possible.  Housing markets are stable and healthy in most of Canada …The mortgage lending environment is also stable and healthy. These are the opening words of a report titled “Confidence in the Canadian Mortgage Market,”… Continue Reading

What if your CO alarm goes off?

What if your CO alarm goes off?

CO detectors are recommended, or mandated by law, for homes that use fuel-burning appliances such as furnaces. water heaters, fireplaces and gas ranges. Having a smoke or carbon monoxide alarm go off is unnerving. With smoke alarms, it is one of two things: a real fire or a false alarm, most likely caused by cooking, or a… Continue Reading

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