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The Super Bowl is just around the corner, and you've decided to host a party for all of your friends, but how can you cut the costs of your soiree while making sure that it's still a win?

Well, when it comes to certain food items, you're going to be paying more than you did last year. According to theChristian Science Monitor, chicken wings have gone up by 52 percent in 2012, which means buffalo wings are going to cost you more in 2013. This is due to a high demand and shortage of product.

One way to save a few bucks is to make your own wings at home. Buy family packs of bone-in pieces, and bake them in your oven using this Kitchen Daily recipe. This way, you can make them as hot or mild as you like. However, the money you save may not be...

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I’ve finally found paint I love, and I use it over and over and over again – saving me time, money, and hassel. Do you have a favorite paint yet?

Whether you are a buy-and-hold landlord, a house flipper, a commercial investor, or just starting out – paint is one of the expenses that come up time and time again. Perhaps you have a paint you absolutely love, or perhaps (like I did) you switch constantly, never quite content with your choice.

I thought it would be a fun post to talk about the paint I use in my day to day real estate investing. Obviously, since I do both flips and rentals, the material can differ – so I’ve included information on both, including the general cost that I pay. Before I get into the actual...

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For professional results, make a plan and focus on the prep work.

By Joe Provey of


Installing ceramic tile can be tricky. Successful tiling jobs are a direct result of good planning and a methodical approach. Take the time to do the right amount of prep work before you begin.

Step 1: Assess
Begin by inspecting the surface on which you plan to install the tile. The substrate, or what the tile is installed on top of, is just as important as the tile itself. A flexing floor or a wall that is uneven can lead to broken tiles and failed grout.

Water-resistant backer board, not drywall, should be used under tile that is likely to get wet — shower walls and bathroom floors, for example. Whether it's backer...

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If you want to cut expenses in 2013, there may be no better place to start than right at home.


Photo: Thinkstock


"I will save money on monthly expenses."

"I will not eat ice cream."

"I will do yoga."

What do these sentences have in common? That's right - they're all New Year's resolutions that have little chance at being fulfilled.

Hold on - "I will save money on monthly expenses" actually has a chance, thanks to the many ways you could save on everything from your mortgage payments to your cable bill.

In fact, you might be surprised at how much you could save. So eat the ice cream, forget the yoga, but read on to see how you might be able...

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Friday, January 25, 2013 — Real estate professionals of multimillion-dollar listings are increasingly finding the transaction more complicated by low appraisal values with properties not appraising for what the buyer and seller agreed to, The New York Times reports.


“There are not enough good comps, and appraisals are coming in lower,” says Peter Grabel, a senior mortgage loan originator for the Luxury Mortgage Corp. in Stamford, Conn.


Many lenders of “jumbo” mortgages above $625,500 require two appraisals on properties that are more than $2 million. If the appraised values are a big difference from one another, the lender may opt to take the lower of the two values, says Melissa Cohn, executive...

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The BC First Time New Home Buyer Bonus helps make owning your own home a little more affordable. If you’re a first-time home buyer in the market for a newly-built home, you can now get up to $10,000 back from the BC government.


If you are a first-time homebuyer purchasing a newly-built home before March 31, 2013, you can get an income tax credit worth up to $10,000.


The credit works out to 5% of the home’s purchase price, up to a maximum of $10,000. In other words, any newly-built home worth $200,000 or more qualifies for the full amount.


The BC First Time New Home Buyer Bonus is designed to help families starting out, especially those with lower incomes. That’s why it is gradually phased...

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Average Sales Price



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JANUARY 13, 2013

Is it good public policy to continue the property transfer tax in its current form after 25 years and $12 billion?

Jim Bennett, government relations co-ordinator for the Victoria Real Estate Board, says no. “It never was good public policy to single out a specific category of citizen [home purchasers] and put this burden on their shoulders.”

How would the province replace the money — estimated at $800 million for 2012-13 — considering this year’s deficit is forecast at $1.47 billion?

“It is up to the provincial government to cover the shortfall in other ways,” said Paul Gerrard, chairman of the Capital Region Housing Trust Fund Commission, who...

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Forget the myth that winter is a bad time to sell real estate. While sales usually inch lower in the cooler months, some real estate pros are saying this winter in particular may be a great time to sell a home. 

Here’s why: 

1. Mortgage rates are near record-breaking lows. 

2. Home prices are starting to rebound in many markets across the country. The National Association of REALTORS® reported that home prices in December were 11.5 percent higher than a year earlier. 

3. Homes still remain a good deal: Prices are rising but remain mostly below 2007 highs, and in many areas, the cost of buying is cheaper than renting. 

4. Distressed homes that typically...

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Author: Daniel Torelli
October 03, 2012

If you think that giving your home a pick-me-up is something that takes weeks on end, think again.  You can give your home's décor a major boost before you head back to work on Monday!  That's because these five home projects are awfully easy:

1.  Clean out your closets
It may not seem as glamorous as revamping your kitchen or redoing your bathroom, but it can be just as important when it comes time to sell your home.  After all, people love houses that are chock full of storage space.  As a result, potential buyers will want to see how much of their stuff will actually fit in your home, if they decide to buy it.
However, if your closets are filled to the...

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