by David Iverson | Sep 8, 2017 | Good Business Practises
It’s never a bad time to plan Do successful entrepreneurs just open their doors for business without a business plan? Does a chef open a restaurant without a menu? Do pilots depart the hanger without a flight plan? Can you build a house without architectural plans?…I...
by David Iverson | Sep 4, 2017 | White House Mortgages
Thinking of purchasing or leasing a new car? Let me so some quick math for you. A $400.00 payment will reduce your total mortgage qualification by $100,000.00 OUCH! I will confess that I think about new cars for at least a moment or two regularly. Fast cars and I go...
by David Iverson | Sep 4, 2017 | Mortgage Financing
Have you been approved for a mortgage and waiting for the completion date to come? Well, it is not smooth sailing until AFTER the solicitor has registered the new mortgage. Be sure to avoid these 10 things below or your approval status can risk being reversed! 1....
by David Iverson | Feb 21, 2017 | Mortgage Financing
First Time Home Buyer Loses Money with the BC Home Equity Assistance Program ARE YOU KIDDING ME?!? HOW CAN THIS BE?!? If you are a first time home buyer, or you know of a first time home buyer that has a 5% down payment saved from their own resources, and another 1 ½%...
by David Iverson | Aug 23, 2016 | Good Business Practises
Is Kelowna Okanagan In a Housing Bubble? Part 1 In my profession as a Mortgage Broker I am continually asked what I think about the current state of the real estate market in Kelowna (Okanagan) and where it is headed. With years of experience under...
by David Iverson | Aug 23, 2016 | Good Business Practises
Supply & Demand Simply put demand drives the market, and supply can greatly affect the value of that market. Going back to 2006 statistics (available to anyone on the OMREB website), we see between March and November new monthly listings averaged around 837 units...
by David Iverson | Aug 23, 2016 | Good Business Practises
Analysis From 2006 to the market crash of 2008 there was an increase in listings, an increase in unsold properties and a doubling of inventory. The emotions involved which drove the market and eventually killed it were; confidence (initially) which transitioned to...
by David Iverson | Aug 23, 2016 | Good Business Practises
Analytics Okanagan Central 2006 Category Mar Apr May Jun Jul Aug Sep Oct Nov Listed 899 792 892 882 794 868 ...
by David Iverson | Mar 23, 2016 | Good Business Practises
Whether you are saving for a condo or a townhouse in the city or a house in the suburbs, the best part about becoming a homeowner is saying goodbye to landlords, which can be an exciting life transition! Unlike the traditional past, more and more single, professional...
by David Iverson | Feb 29, 2016 | Mortgage Rates, White House Mortgages
These rates are not current – Please text or call 250-878-1541 for a custom quote. Variable 3 year from Prime-.50% or 2.20% Variable 5 year from Prime-.50% or 2.20% 5 year fixed rate from 2.30% 1 year fixed rate from 2.19% 2 year fixed rate from 2.14% 3 year...
