The April 19th change is that you will have to have a 10% downpayment instead of the 5% that is required right now. If you are wanting to buy a home and only have limited funds for your downpayment, you must get in before April 19th.

Government Imposes More Change...


CMHC has circulated a letter to the mortgage community and in it are the new changes which are to take effect April 19, 2010. However, there is a more recent change that is to take effect April 9,2010. This change is to do with those who are self-employed and it's not pretty.

Effective April 9, 2010 the Government has imposed new changes to how the self-employed are qualified. In CMHC's words:

CMHC is also announcing po licy changes to the CMHC Self-Employed Product Without traditional Third Party Validation of Income. Effective April 9, 20 10, self-employed borrowers with more than 3 years in the same business and commissioned-income borrowers will be required to confirm their income and will not be eligible for the Self-Employed Product Without Traditional Third Party Validation of Income. This product is intended for a small portion of borrowers who find it very difficult to document income - inparticular, recently self-employed borrowers. For the majority of self-employed borrowers, income validation is readily available through financial statements, contracts, T4s and other third party income validations. The changes will ensure that self-employed borrowers with third party income validation will benefit from a lower premium. Furthermore, the maximum loan-to-value ratio available under the CMHC Self-Employed Product Without Traditional Third Party Validati on of Income will be reduced from 95%to 90%for purchase transactions and from 90%to 85%for refinance.

This change is significant and will undoubtedly have a profound effect on our industry moving forward. Share these developments with your contacts and always, we welcome your calls.

The ceiling done with the wainscotting. The lights are causing a lot of shadows, but you can still see how it looks. I love it! Maybe I'll try taking some pictures in the daytime when the lights are off.

Ottawa, February 16, 2010
2010-011

Government of Canada Takes Action to Strengthen Housing Financing
Related document :

•Backgrounder

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The Honourable Jim Flaherty, Minister of Finance, today announced a number of measured steps to support the long-term stability of Canada's housing market and continue to encourage home ownership for Canadians.

"Canada's housing market is healthy, stable and supported by our country's solid economic fundamentals," said Minister Flaherty. "However, a key lesson of the global financial crisis is that early policy action can help prevent negative trends from developing."

The Government will therefore adjust the rules for government-backed insured mortgages as follows:

•Require that all borrowers meet the standards for a five-year fixed rate mortgage even if they choose a mortgage with a lower interest rate and shorter term. This initiative will help Canadians prepare for higher interest rates in the future.
•Lower the maximum amount Canadians can withdraw in refinancing their mortgages to 90 per cent from 95 per cent of the value of their homes. This will help ensure home ownership is a more effective way to save.
•Require a minimum down payment of 20 per cent for government-backed mortgage insurance on non-owner-occupied properties purchased for speculation.
"There's no clear evidence of a housing bubble, but we're taking proactive, prudent and cautious steps today to help prevent one. Our Government is acting to help prevent Canadian households from getting overextended, and acting to help prevent some lenders from facilitating it," said Minister Flaherty. "If some lenders aren't willing to act themselves, we will act. These measures demonstrate the Government is committed to taking action when necessary to support the long-term stability of a sector that is so vital to our economy and the financial well-being of Canadian families."

These adjustments to the mortgage insurance guarantee framework are intended to come into force on April 19, 2010

NEW LISTING! $719,900
This executive home was built for entertaining. Here ia a link to the property info sheet and pictures!

CHECK OUT THIS NEW LISTING. $389,900 WHAT A CHARMER. SO WARM AND INVITING, CALL ME FOR MORE INFO.


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Real estate! What's it worth? It's all in the eyes of the beholder! Click on on "eyes" above to see what I mean.

The correct way to weigh yourself:


I can't believe I was doing it wrong all these years.

WE MUST SPREAD THE WORD.
Never take life seriously; nobody gets out alive anyway.

JUST FOUND THESE TWO QUOTES ON TQWITTER AND AGREED WHOLEHEARTEDLY AND WANTED TO SHARE!

If u ever choose to walk away from something,someone,somewhere...do it with grace,class,style and not an ounce of bitterness2


You choose your friends by their character and your socks by their color

Happy New Year Everyone! 2010 has begun. We have spent the last few days of 2009 with friends and family. We had Karen and James, very long time friends, spend Christmas with us. Anna was so gracious to host Christmas dinner for us in her beautiful new kitchen. New Year's Eve was spent visitng with friends and seeing in the new year with fireworks. We came home to another party Angie was hosting for the young people. I spent another very late night up with them. It was a super way to start the New Year. Il ove the young people and I love thier energy and life! They are so much fun to have around and are welcome at my house anytime!
We will become grandparents in just a few days. I am so excited to meet my little grandbaby and pray for him/her often.
I love you, my family and friends, very much and pray God's very best for all of you this year. I pray that some of your deepest dreams and desires are fulfilled this year!
I thank God for all His blessings in 2009. He has kept us all safe and given us another year of life. I thank God that Ken's surgery went well and he was able to get rid of the severe pain he was in. I pray that the tumor will not grow and that the pain stays away in 2010! I want to say again, Thank you to all of you for your love and support during that time. It will never be forgotten! I tear up even as I write it. Thank You! If I had to choose the one best thing that happened to me this past year, I would have to say seeing Ken out of pain was that thing . Second to that would be the news that David and Jolene were going to be parents.
I am looking forward to this New Year with anticipation of wonderful things and I know that God has some super surprises lined up for us, but if we have to face some tough times this year, I also know that He will see us through and that He will be there for us every step of the way.
So for 2010, We will take it one step at a time, one day at a time, with our hand in the hand of the Master.

Let everyday be a day of good, Godly, righteous decisions, because every little decision adds up and equals your quality of life.
your decision+your decision+your decision=your life
your thoughts+your words+your actions= your life
!Live carefully, Live thoughtfully in 2010!

Learn and grow in 2010. Let others help you grow. Listen and observe. Let others sharpen you, as Iron sharpens iron. Don't overly sensitive or easily offended, but LISTEN AND GROW!
I love you all!

Facebook | Fonda French Blair

I love this kid. My little neice is so cute!!


Facebook | Fonda French Blair

Amazing Grace How sweet the sound, that saved a wretch like me.....
My chains are gone, I've been set free....
Thank you Jesus!

So true!!
Quote form Greg Herder:

Being listened to feels so much like being loved that we can’t tell the difference.” We all know how we feel when someone is really listening to us and asking questions. We feel respected and valued. We feel loved, accepted, validated, and cared for. All of these feelings somehow free us to be ourselves, achieve our highest potential, contribute, and make a difference—in other words, to soar.

And what about the thoughts you have about yourself? Do you listen to yourself? Do you ask yourself clarifying questions? Do you respect and value yourself? Do you help yourself to feel loved, accepted, and cared for by you? Do you free yourself to be yourself, to achieve your highest potential, to contribute, to make a difference, to soar?

At a conference for CEOs led by Richard Boyatsis, author of Primal Leadership, he asked the people to think of someone who had positively influenced us in our lives or careers. We wrote down in general terms how this person related to us in order to produce such a favorable impact. Of the 150 CEOs that participated in this exercise most had identified similar attributes: They listened to me. They encouraged me. They trusted me. They saw a vision of me that I could not see.

We were then asked to recall someone who negatively impacted us, who we would never want to be like or work with again. Once more, we were amazed to have similar stories with common themes: They didn’t listen to me. They didn’t value or appreciate me.

Which type of influence do you want to be? Do you want to bring out the best in people? Or the worst? Do you want to inspire them to accomplish what is significant to you and to them? Do you want to light up the creative regions of their brains? Or do you want them to avoid you at all costs, to withhold help and ideas, or worse—to have their spark extinguished?


PS The frienship post is next

This email forward came to me from Karen via Elizabeth. It is a beautful story of friendship. I just want to take the opportunity to tell all of you who have been a friend to me, I do love you and you mean so much.
The part that was so neat to me in this story was that Kyle became so liked and even more popular than his friend, but it was the friend that made the difference. Without the touch of love and acceptance given by his friend, none of it would have been a reality. Kyle's life would have been so different. Your touch, your love , your care can make such a difference in someone's life even if it is just for a short time and it may be that no one will ever know what a difference you actually made!!

One day, when I was a freshman in high school,
I saw a kid from my class was walking home from school.
His name was Kyle.
It looked like he was carrying all of his books.
I thought to myself, 'Why would anyone bring home all his books on a Friday?
He must really be a nerd.'
I had quite a weekend planned (parties and a football game with my friends tomorrow afternoon), so I shrugged my shoulders and went on.
As I was walking, I saw a bunch of kids running toward him.
They ran at him, knocking all his books out of his arms and tripping him so he landed in the dirt..
His glasses went flying, and I saw them land in the grass about ten feet from him..
He looked up and I saw this terrible sadness in his eyes
My heart went out to him. So, I jogged over to him as he crawled around looking for his glasses, and I saw a tear in his eye.
As I handed him his glasses, I said, 'Those guys are jerks.'
They really should get lives.
' He looked at me and said, 'Hey thanks!'
There was a big smile on his face.
It was one of those smiles that showed real gratitude.
I helped him pick up his books, and asked him where he lived.
As it turned out, he lived near me, so I asked him why I had never seen him before..
He said he had gone to private school before now.
I would have never hung out with a private school kid before.
We talked all the way home, and I carried some of his books.
He turned out to be a pretty cool kid.
I asked him if he wanted to play a little football
with my friends
He said yes.
We hung out all weekend and the more I got to know Kyle, the more I liked him, and my friends thought the same of him.
Monday morning came, and there was Kyle with the huge stack of books again.
I stopped him and said, 'Boy, you are gonna really build some serious muscles with this pile of books everyday!
' He just laughed and handed me half the books.

Over the next four years, Kyle and I became best friends..
When we were seniors we began to think about college.
Kyle decided on Georgetown and I was going to Duke.
I knew that we would always be friends, that the miles would never be a problem.
He was going to be a doctor and I was going for business on a football scholarship..

Kyle was valedictorian of our class.
I teased him all the time about being a nerd.
He had to prepare a speech for graduation..
I was so glad it wasn't me having to get up there and speak

Graduation day, I saw Kyle.
He looked great.
He was one of those guys that really found himself during high school.
He filled out and actually looked good in glasses.
He had more dates than I had and all the girls loved him.
Boy, sometimes I was jealous!
Today was one of those days.
I could see that he was nervous about his speech.
So, I smacked him on the back and said, 'Hey, big guy, you'll be great!'
He looked at me with one of those looks (the really grateful one) and smiled.
' Thanks,' he said.
As he started his speech, he cleared his throat, and began
'Graduation is a time to thank those who helped you make it through those tough years..
Your parents, your teachers, your siblings, maybe a coach....but mostly your friends.... I am here to tell all of you that being a friend to someone is the best gift you can give them.

I am going to tell you a story.'
I just looked at my friend with disbelief as he told the
first day we met.
He had planned to kill himself over the weekend.
He talked of how he had cleaned out his locker so his Mom wouldn't have to do it later and was carrying his stuff home.
He looked hard at me and gave me a little smile.
'Thankfully, I was saved.
My friend saved me from doing the unspeakable..'
I heard the gasp go through the crowd as this handsome, popular boy told us all about his weakest moment.
I saw his Mom and dad looking at me and smiling that same grateful smile.
Not until that moment did I realize it's depth.
Never underestimate the power of your actions..
With one small gesture you can change a person's life.
For better or for worse.
God puts us all in each others lives to impact one another in some way.
Look for God in others.

Kitchen update November 2009:
I just put away a bunch of the kitchen stuff that is still in boxes and cleared my workspace. I feel like I can do moe and better work.
There will be cabinets where ever you see tables. The tape on the floor marks out the island (4FT x 8FT) It feels so much better in here! More organized and more space!!

An old song that is going thru my head right now.

What a day that will be when my Jesus I shall see
When I look upon his face, the one who saved me by his grace
When He takes me by the hand, leads me to the promised land
What a day, glorious day that will be

Check out John's TV stardom!

Taken from Sis. Tracie Smith's blog, Everyone should just go and read the whole article. I was convicted and inspired to do better this morning.

If you think little of a person, you ought to say as little as you think." - Ben Franklin

Earl Wilson, the first black American Leaguer to throw a no-hitter, once said, "If you wouldn't write it and sign it, don't say it."

This is the sight that greeted me as I loked out my window to my neighbors roof this morning. The cat was actually looking right at me and posing!!

Dear Jesus,
I really need a kitchen. Thank you for what you've done so far. I know I can count on you. Thank you in advance!
Love,
Your daughter,
Tina