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FORECLOSURE - 2 bedroom condo in Kelowna for only $159,900

December 21st, 2011
FORECLOSURE - 2 bedroom condo in Kelowna for only $159,900. Click here for complete information:

200-551 Yates Road, Kelowna, BC 

Russian Billionaire investing in US real estate

December 20th, 2011
  • Russian billionaire Mikhail Fridman is launching a real-estate fund that will focus on distressed properties from Boston to Miami, in the latest example of a deep-pocketed foreigner placing some chips on the U.S. real-estate market.

    Mr. Fridman, who founded the Russian financial-industrial conglomerate Alfa Group, is part of a venture that plans to invest in properties with a tota ...

Exempt Market Dealers for Real Estata

December 20th, 2011
In Canada I am seeing more and more Exempt Market Dealers popping up. An exempt market dealer is a limited form of securities dealier license, so think of a typical securities dealer, like BMO Nesbitt Burns, or TD Waterhouse....an EMD is a light version of the same license. What it typically permits the dealer to do is sell securities that are not prospectus registered, or unlisted, pricate, ...

NOVEMBER SURVEY of Okanagan Buyers:

December 18th, 2011
NOVEMBER SURVEY of Okanagan Buyers:
Property Type:
22.1% of purchases were by Move-Up Buyers
22.1% by First Time Buyers
13.2% moving from Single Family Home to Strata Unit
6.6% buying Revenue/Investment Property
5.1% moving from Strata property to Single Family Home
3.7% moving into Retirement Home/Seniors Community
3.7% Recreation Property Buyers
Moving From:
58.7% from Within OM ...

779 Bechard, Kelowna - in foreclosure

December 15th, 2011
HSBC just foreclosed on 779 Bechard - Lower Mission home 2 1/2 blocks from Gyros beach, 3 bedrooms, 2 bathrooms, 1350 sq. ft., 0.17 acres, assessed value $433,000 - List price $385,000. Let me know if you want more information on this one.

No wonder the Americans have financial problems:

December 15th, 2011
No wonder the Americans have financial problems:

When NASA first planned to send up astronauts, they quickly discovered that ball-point pens would not work in zero gravity.

To combat the problem, NASA scientists spent a decade and $1.2 billion to develop a pen that writes in zero gravity, upside down, underwater, on almost any surface including glass, and at temperatures ranging from below free ...

Strategic Defaults

December 15th, 2011
Strategic defaults on homes would help distribute the loses more evenly and, if they became more common, would force lenders to be more responsible in the future. It’s also possible that a wave of strategic defaults—a De-Occupy Your House movement—would get banks to take mortgage modification more seriously, which would be all for the better. The truth is that banks have been relying on homeo ...

Strategic Defaults

December 15th, 2011
Strategic defaults on homes would help distribute the loses more evenly and, if they became more common, would force lenders to be more responsible in the future. It’s also possible that a wave of strategic defaults—a De-Occupy Your House movement—would get banks to take mortgage modification more seriously, which would be all for the better. The truth is that banks have been relying on homeo ...

Okanagan Foreclosures - Update for Dec. 14, 2011

December 14th, 2011
Click on the link below to view all the new Okanagan foreclosures or foreclosure price reductions between Dec. 1-14, 2011:

New Foreclosures and Price Reductions from Dec. 1-14, 2011


For more information on any of the properties on the link, please contact:
Alexandra Rebagliati
Owner/Managing Broker
Lake Okanagan Realty
Office: 778.484.5253
Fax: 778.484.5252
Cell: 250.870.2792
Alex@LakeOkanaganRealty.c ...

Central Okanagan Real Estate Stats - Nov. 2011

December 13th, 2011
Click here for complete information:

Central Okanagan - Real Estate Stats - Nov. 2011

Any questions contact:
Alexandra Rebagliati
Owner/Managing Broker
Office: 778.484.5253
Fax: 778.484.5252
Cell: 250.870.2792
Alex@LakeOkanaganRealty.com
www.LakeOkanaganRealty.com 
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