Kathy Fitzsimons, Royal Lepage Network Realty Corp.

Westpark, Red Deer  -  We invite everyone to visit our open house at 5758 Westpark Cres on October 30 from 2:00 PM to 4:00 PM.

Property information

• 1,025 sq. ft., 1 bath, 3 bdrm single story - MLS® $220,000

Westpark, Red Deer  -  All main floor living, including the laundry room. Great location to downtown! Close to the College, Heritage Ranch, walking trails etc. This updated home boasts new windows, kitchen, bathroom and eves troughs. This single family home has a good size yard and a double car garage. Immediate possession! Seller is related to listing Realtor.

Property information

• 1,174 sq. ft., 2 bath, 3 bdrm single story - MLS® $159,900

Eckville, Rural NW Alberta  -  Cozy 1,174 sq ft 3 bedroom 2 bath home in the quiet town of Eckville. 50x100 corner lot, Zoned R2, close to shopping and schools spacious kitchen with plenty of cupboard space, generous dining area with hardwood flooring. Large private deck for outdoor entertaining. Detached single garage with attached storage shed and garden area. All measurements believed to be true but should be verified by purchaser.

Property information

• 2 bath, 4 bdrm bi-level - MLS® $259,900

Blackfalds, Red Deer Area  -  Many extras in the Serge built former show home! Engineered hardwood floors in living room and hallway, limestone tiles in kitchen and main floor bath. Kitchen complete with corner pantry, plenty of cabinets and counter top, built in display shelf and crown moulding, plus fridge, stove and dishwasher included. Oak trim throughout, hand crafted oak valance in living room, matching shutters in dining room window for added privacy. Warm neutral colour throughout, south facing windows providing lots of light. Tile complemented with oak trim on steps leading to basement. Gas fireplace with built in cabinets and surround sound in family room. Spa bath in basement with dual flush toilet, claw foot soaker tub and towel warmer. Glass doors on basement rooms to allow light throughout, with lovely crystal door knobs. Front load washer and stacking dryer. Extra large 4th bedroomis in drywall stage. Fenced and landscaped with many perennials, oak tree, blue juniper, and Japanese maple, water feature, fire pit and garden shed

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Sunnybrook, Red Deer  -  The bi-level at 111 Stephenson Cres has been sold.

Property information

Lakeway Landing, Sylvan Lake SW  -  Announcing a price reduction on 12 LAMBERTSON PLACE, a 1,208 sq. ft., 3 bath, 5 bdrm bi-level. Now MLS® $354,900 - Reduced!.

Property information

Lakeway Landing, Sylvan Lake SW  -  Announcing a price reduction on 12 LAMBERTSON PLACE, a 1,208 sq. ft., 3 bath, 5 bdrm bi-level. Now MLS® $357,900 - Reduced!.

Property information

• 1,208 sq. ft., 3 bath, 5 bdrm bi-level - MLS® $364,900

Lakeway Landing, Sylvan Lake SW  -  ~ WALKOUT ~CUL DE SAC~ FULLY FINISHED ~ Close to parks and schools.~ENGINEERED HARDWOOD FLOORS~ throughout the living room, hallway and bedroom. ~ VAULTED CEILING~ and open main area, plenty of windows. Lots of storage through out, including pantry and utility closet in the kitchen. Kitchen features a very functional layout, plenty of cabinets, breakfast bar seats 4. 3 bedrooms on main level. Spacious master, double closets and 4 piece ensuite. 2 additional bedrooms, 3 piece bath and a huge family room with ~WALKOUT~ in the basement. Sq ft includes the unfinished laundry room in basement. Shed and landscaped with grass and gravel on sides and under decks.

Property information

• 2,024 sq. ft., 3 bath, 6 bdrm bungalow - MLS® $429,900

Deer Park, Red Deer  -  Over 4000 sq ft of living space! Situated on a quiet cres with a large green space out front. Beautiful vaulted ceilings command the entryway and grace the living room dining room area, kitchen/eating nook and sitting area. Gorgeous hardwood flooring through out most of the main level. New carpet and lino, and light fixtures updated to complement the contemporary theme. Bright kitchen offers lots of cabinets and counter space, a large island, walk in pantry complete with 9 shelf spice rack. Vaulted ceiling in the Master bedroom, and in the ensuite that features a large corner jet tub as well as seperate shower. Massive master walk in closet with built in closet organizers. 4 bedroom on main floor. 2 bedroom in the lower level with their own sperate living area plus a 4 piece bath. Perfect for Teenagers, Nanny, or Granny! Main floor laundry. Huge open basement, plus a big wood working shop and craft/storage area. Underfloor heat throughout whole home.

Property information

New Mortgage rules from one of my trusted mortgage broker; Heidi Dandurand with Mortgage Architects. Feel free to give her a call regarding your mortgage needs.  403-350-8958

………………Flaherty Tightens Up on the Mortgage Rules

Effective March 18, 2011, it will become harder to buy a new home or consolidate debt into your mortgage.

That’s due to three new changes announced today by Finance Minister Jim Flaherty:

1.            A 30-year maximum amortization on insured mortgages over 80% Loan to Value

2.            An 85% LTV limit on insured refinances

3.            Elimination of government insurance on secured lines of credit (aka., HELOCs)

Flaherty says these regulations are meant to “(encourage) hard-working Canadian families to save by investing in their homes and future.”

The adjustments to the mortgage insurance guarantee framework will come into force on March 18, 2011. The withdrawal of government insurance backing on lines of credit secured by homes will come into force on April 18, 2011.

Another change being considered is that lenders will have to included 100% of condo fees in the debt servicing where as they currently are only required to include 50%.  The reason for using only 50% of the fees are because they include things like cable, maintenance, repairs, and utilities such as cable TV, which are NOT required to be included in the debt servicing qualifications.  The ‘tricky part’ will be to determine what $/month will be allocated to these expenses and will they be allowed to be ‘exempt’. 

We shall see…

Bank of Canada meets tomorrow however at this time speculation is that they will leave the rates alone.

 Kathy Fitzsimons Real Estate in Red Deer, Review for November 1- November 30, 2010

Data includes all types of residential (Single Family, Half Duplex, Town House and Apartment) property for the whole City of Red Deer. If you would like to voice your opinion or would like more info on buying and selling in Red Deer and Central Alberta, please email feedback to kathyfitzsimons@royallepage.ca and visit www.kathyfitzsimons.com for more info about homes for sale in the Red Deer and Central Alberta; including Blackfalds, Penhold, Lacombe, and Sylvan Lake.

Clearview, Red Deer  -  The bungalow at 47 CAMPBELL AVE has been sold.

Property information

Kathy Fitzsimons Real Estate in Red Deer, Review for October 1- October 31, 2010

Data includes all types of residential (Single Family, Half Duplex, Town House and Apartment) property for the whole City of Red Deer. If you would like to voice your opinion or would like more info on buying and selling in Red Deer and Central Alberta, please email feedback to kathyfitzsimons@royallepage.ca and visit www.kathyfitzsimons.com for more info about homes for sale in the Red Deer and Central Alberta; including Blackfalds, Penhold, Lacombe, and Sylvan Lake.