Sunday, 22 March 2020

12 Habits People With Clean, Organized Homes Have in Common

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We’ve all been there—barely surviving the morning rush hour of making lunches, signing permission slips, and searching for matching socks. Then after a busy day at work and school comes the evening whirlwind of homework, dinner, and maybe a few minutes of downtime.
That leaves most of us with no time to keep our home tidy, much less clean.
Simple, quick habits that will make it look like someone slaved over your house all day.

1. Keep cleaning supplies handy where you use them

Face it: There’s no way you’re going to trek downstairs to grab some cleaner to wipe off that toothpaste glob; you’re going to leave it there until it hardens into cement. Keep a spray bottle of all-purpose cleaner and a stack of cleaning cloths under all your sinks in the bathrooms and kitchen, so you can wipe up any little spot or spill you see before it becomes a big mess that requires elbow grease—and time.

2. Clean the shower while you're showering

You’re standing there rinsing your hair, so why not do a once-over of the shower walls? I find one of the best products for keeping the shower clean is natural dish soap, because it is designed to fight grease—which, surprise, is mostly what’s in the soap scum lining your shower walls!
Give the walls a quick once-over with soap and a sponge a couple of times a week, then use the shower head to rinse, and continue on with your shower. And always wipe down those glass doors when you are finished to keep streaks at bay.

3. Clean as you cook

This is the best way to avoid a huge headache at the end of a meal, which you know you’re going to want to walk away and leave. Even if you need to keep both eyes on the burners, at least fill your sink with soapy water and stick the pots, pans, utensils, and other cooking items in to soak while you eat.

4. Run the dishwasher at night

Yes, even if it’s not quite full. That’s so you can empty it first thing in the morning so it’s ready for action.
Train your whole family to put dishes directly in the dishwasher, which keeps the sink clean and the counters clutter-free.

5. Embrace spot cleaning

Remember that it’s the whole chore that will wear you down, so deal only with what absolutely has to be taken care of that moment.
One fingerprint on the door of the fridge is not a reason to clean the whole fridge.

6. Keep surfaces clear

Flat surfaces collect clutter like a paperclip to a magnet.
They’re also what you see as you scan the room, so when you have clutter on flat surfaces it seems like it goes on forever.
The more you can keep tables, floors, beds, and countertops clear, the cleaner and more spacious these areas feel.
The biggest clutter culprit is paper, so don’t let it pile up. Recycle unnecessary mail the minute it comes in, and create a filing system for the rest of it.

7. Clean out your refrigerator every week

Grab those sad celery stalks that you were so sure you were going to stir-fry and those takeout leftovers that never made it to the office, and trash them before they rot and leave a lingering order.
The best time to clean out the fridge is on trash day—off it goes—and ideally, right before you go food shopping to replenish it. You’ll be able to put away the groceries more easily—and you’ll be more liable to eat them if you can see them.

8. Never leave a room empty-handed

If you’re going upstairs, take something with you, whether it’s a stack of clean laundry or toilet paper refills. If you’re heading from the living room to the kitchen, grab that magazine that needs to be recycled and the water glass destined for your empty dishwasher.

9. Have a place for everything—and keep it there

Always put things back in their proper place after every use.
Dirty clothes go in the hamper—not on the floor—and clean clothes belong in your dresser and/or closet—not left in the laundry room or piled on the bed.
Ditto for scissors, pens, and all those wayward objects that should have a designated spot in the junk drawer, as well as shoes, umbrellas, and coats that need dedicated hooks and bins to keep the entryway pristine.

10. Finish the day with a 10-minute tidying session

For those things that weren’t part of suggestions 8 and 9, make a nightly pickup part of your routine.
Set aside just 10 to 15 minutes every night—put on music if it makes the process more fun—and return everything to its spot, from toys to magazines. If you have a few minutes left over, run a cleaning cloth over counters or do a quick sweep, devoting five minutes to a different area every night.

11. Purge

This is more of a long-term solution, because less stuff means less to clean and organize. Use “three-bucket method,” where you keep buckets or bins handy to deal with items on an ongoing basis.
Trash it if it’s worn out or broken; donate it if you no longer need it, but it’s otherwise usable; sell it if it’s in good condition.
If it’s hard to part with certain items, moving them at least temporarily to a box in the attic or a storage space. You'll find it easier to keep up with laundry and closet organization when you have less stuff.

12. Buy a robotic vacuum cleaner

This might seem like cheating, but it’s really not.
It is absolutely the best money you can spend if you want to keep a clean home but have pets or small children.
I recommend programming it to run daily while you are at work, or overnight—and then you can enjoy clean floors without lifting a finger.

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Are you interested in selling or buying your home in the next few months? Work with award winning realtor, Carmen Leal and her team that specialize in Real Estate Vancouver and have qualified Buyers that are looking for a home in your area!   604.218.4846 & www.carmenleal.ca


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      This communication is not intended to induce breach of existing listing agreement.



Friday, 20 March 2020

Canada’s Six Big Banks Delay Mortgage Payments Due to COVID-19

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Here's the latest update on what the big banks of Canada are doing amid COVID-19 outbreak
In an unprecedented display of coordinated assistance, Canada’s six largest banks will begin offering customers more relief options in response to the COVID-19 pandemic. President and CEO of the Canadian Bankers Association Neil Parmenter tweeted links to coordinated press releases from Canada’s six big banks, announcing “a commitment to work with personal and small business banking customers on a case-by-case basis to provide flexible solutions to help them manage through challenges.” 

The Commitment

The coronavirus pandemic creates many challenges for Canadian homeowners that include not only battling the illness itself but also pay disruption and childcare disruption due to school closures. It’s an emergency that requires immediate action from financial institutions. 
In light of these challenges, Bank of Montreal, CIBC, National Bank of Canada, RBC, Scotiabank, and TD Bank are committing to offer financial assistance to customers facing challenges. Most notably, “This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products.” It’s a big move for Canada’s major financial institutions during uncertain times. 

Delayed Mortgage Payments Explained

While some lenders already give homeowners the option to press pause on their mortgage payments or personal loans in case of life emergencies, the latest announcement from Canada’s big banks gives even more options to Canadian borrowers. If you’re considering taking advantage of this offer, here’s what you need to know. 

1. When You’ll Owe 

Typically, deferred mortgage payments are tacked on to the end of your mortgage term, essentially postponing your payments for a later date. 

2. Get the Whole Picture

It’s important to speak to your bank about the long-term effects of deferred mortgage payments. In many cases, interest accrued during periods where you defer payments can be added to your principal. 
None of the big banks addressed in their joint press release whether payment deferrals would be interest free or not, so don’t make any assumptions. Ask if payment deferrals are interest free and see if you’re able to contribute a one-time lump sum payment at a point in the future when your financial situation returns to normal - this will help minimize any excess interest associated with deferring payments. 

3. When to Inquire

If you believe that COVID-19 or its effects could impact your ability to make a payment in the future, reach out to your bank now. It’s important you begin the process before you start missing payments to put yourself in a more manageable situation. 

Who Benefits

Offering the ability to delay mortgage payments is a huge announcement that will impact the Canadian economy as a whole during what many are calling a financial crisis. Here are a few of the population segments that financial institutions are helping get through this pandemic from an economic standpoint. 

Homeowners

Should homeowners need assistance during these extraordinary times, they’ll be able to contact their bank and defer mortgage payments. This is also true for customers who belong to some Credit Unions, including Vancity who announced they would also offer delayed mortgage payments. This gives more financial flexibility to those facing challenges resulting from the COVID-19 crisis, keeping them in their homes without fear of missing payments or foreclosure. 

Business Owners

Delayed mortgage payments give homeowners who also run businesses the opportunity to focus their efforts and resources on their businesses during these challenging times. Keeping businesses open and operating keeps the economy moving and workers employed. 

Workers

Workers in the tourism and hospitality industries will be some of the hardest hit by the economic impacts of the coronavirus, and delayed mortgage payments will help them adjust for any loss of work. 

What to Expect From the Banks 

While they may typically view each other as competitors, the six big banks in Canada are acting as a united front to provide financial relief to Canadians through measures such as offering delayed mortgage payments. More than that though, they’re also working together to help limit the spread of coronavirus. 
In accordance to the recommendations of Canada’s public health authorities, the big banks are committed to “taking new coordinated measures to support social distancing to control the spread of COVID-10.” Banks will be limiting operating hours and closing branches that don’t offer critical services. Special care will be given to branches in rural communities where options are limited, and while not all details have been made clear, dramatic moves are being made to limit in-person banking options while also establishing a “reserve” of healthy employees to take care of essential services. 
Bank of Montreal is temporarily closing roughly 15% of its branch network in Canada, while CIBC will do the same for over 20% of its network. The Canadian Bankers Association has stated that the banks will also be working together to limit hours, with CIBC reducing its weekday hours from 10:00 AM to 4:00 PM. 

What it Means For Canadians

Overall, the ability to delay mortgage payments for up to six months is one of many important economic announcements Canadians have seen as of late. COVID-19 was listed as the main reason for an emergency rate cut from the Bank of Canada on March 4, as concerns over a possible recession and low oil prices loom. 
Sellers should see more potential buyers enter Canada’s housing market due to low interest rates, homeowners can consider switching (if possible) into a lower fixed rate or delaying mortgage payments should they run into economic challenges, and despite a delay, changes to the mortgage stress test are coming which should allow first-time buyers to enter the market more easily. We’re expecting more announcements in the coming weeks from financial institutions, policy makers, and the Bank of Canada, subscribe to our newsletter and never miss an update.


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Are you interested in selling or buying your home in the next few months? Work with award winning realtor, Carmen Leal and her team that specialize in Real Estate Vancouver and have qualified Buyers that are looking for a home in your area!   604.218.4846 & www.carmenleal.ca


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      This communication is not intended to induce breach of existing listing agreement.


Monday, 16 March 2020

COVID-19: How to Keep Your Home Clean and Safe

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Taking steps to combat COVID-19 are habits for year-round health
COVID-19 or the Coronavirus is undoubtedly challenging to ignore. It is the topic of conversation with every social encounter, and it is the leading news story on all the stations. It is washing over our news feeds every few seconds. With all the hype and talk of the pandemic, now more than ever, stay calm and, well, clean.
We've heard the best defence against COVID-19 is hand washing. While that is true, there are other things you can be doing on the home front to battle this beast. Let's take a look at some of the top measures.
The spread of COVID-19 is primarily from invisible respiratory droplets that fly through the air when a sick person coughs or sneezes. Others inhale these droplets, and they land on surfaces. When a person touches the surface, they become infected when they feel their eyes, nose, or mouth.
It would only make sense to clean the surfaces in our home to ensure maximum defence against the virus. But, will your favourite go-to cleaner do the trick?


Bleach is the Bomb - But Use it Wisely

Studies show common household disinfectants, including soap or diluted bleach solutions, can deactivate coronaviruses on indoor surfaces.  
The Centre for Disease Control (CDC) recommends using a mixture of bleach and water to disinfect floors. They suggest 1 cup of bleach mixed with 5 gallons of water to mop your floors is the most effective. Although this is one way to go, be careful when using bleach to disinfect.
Studies have shown that bleach is highly irritating to mucous membranes. People exposed to bleach fumes are at risk of respiratory troubles, among other ailments. So, although it works, use it sparingly.

Vinegar Is Versatile - and Very Affordable

If you are looking for something a little less harsh - and very affordable, vinegar may be an option. It is an all-natural disinfectant that contains acetic acid. Choose plain old white distilled vinegar. And while you are at it, you can use a vinegar spray on your fruits and vegetables to help kill germs and wash away potential pesticides.
It’s perfect for doorknobs, mirrors, porcelain, and most surfaces.

Hydrogen Peroxide is Persistent

Hydrogen Peroxide is not just for treating cuts and scrapes. It can also be used as a general household cleaner too. Make sure you store it in a dark container away from sunlight as the light will destroy its beneficial properties. The CDC reports that 3% hydrogen peroxide was able to inactivate rhinovirus within eight minutes. When you pour the substance directly on surfaces like your sink, countertops or toilets, you'll need to let it soak for around 10-15 minutes to give it time to do its job completely. After you let it sit, scrub the area and then rinse with water. 
Don't forget about the germs on your toothbrush! You can use hydrogen peroxide to keep it fresh.

Tea Tree Oil is the Talk of the Town

Seriously. Ten years ago, people barely heard of essential oils. Now they are being used to treat a variety of ailments. Tea Tree Oil is versatile and can e used in a variety of situations. It is also known as Melaleuca Oil is one of the best natural alternatives to harsh cleaners. www.cdc.gov/disasters/bleach.html it's a great household cleaner when mixed with water. Because it's extremely concentrated, all you need is a few drops mixed with water to create an effective disinfectant. Mix it in a spray bottle and use on countertops, tile, door handles, sinks, toilets. It is even effective on soft surfaces. 

Bonus Tip: tea tree oil is excellent for making your own hand sanitizer, disinfecting areas where pets may have had an accident or where kids may have gotten sick. There is no end to where you can use this natural powerhouse. 

Disinfectant Wipes Are A Quick Defence

In a hurry? Use disinfectant wipes to go over surfaces quickly. Phones, doorknobs, sinks, cabinet handles, refrigerator doors, remote controls – the surfaces you touch most often in your home are a magnet for germs. Wipe down a couple of times a day. For the best results, let the surface air dry to kill any lingering bacteria or viruses. Tip: Don't have any wipes? Make your own by spraying a paper towel with a tea tree oil mixture.

Sprays are Spot on

For soft surfaces like sofas and carpets, a disinfectant spray will do the trick (most stores and pharmacies carry 70% alcohol spray). It would also work on mattresses, countertops or tables. A broad sweeping spray works best. Let dry before you walk, sit, or use the surface.

And remember, during these uncertain times, remain calm and clean.

Saturday, 14 March 2020

How to Coronavirus-Proof Your Home—and Your Life

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In just a few weeks, the new coronavirus has made serious inroads into American communities, even as its global death toll grows. It's time to do what we can to mitigate what the World Health Organization is now deeming a pandemic.

Many people are worried about what they should do as the situation develops. Should they hunker down at home—and is there anything they should do there to prepare?



Here are several things you can do to protect your home and your family from the virus—and to be ready if it crops up in your community.

Stock up on supplies

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Curbing your exposure to the coronavirus starts with limiting your exposure to people who might be carrying it. In other words, stay home! As you would with a severe weather event, it's suggested you stock up on enough food to last for a couple of weeks.
Pantry staples are easy to pick up and store, including cereal, crackers, pasta, rice, frozen veggies, and canned goods (beans, tuna). And don't forget toilet paper, as well as laundry and dish detergent.
Soups and Gatorade are worth adding to your cart, too, since staying hydrated will be important if anyone in the family falls sick. If you have a baby on board, also make sure you have enough formula and diapers on hand.

How to fight coronavirus germs at home

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While not much is yet known about how long COVID-19 can survive on surfaces, COVID-19 can be killed by most household cleaners, including bleach, alcohol, or even plain old soap and water. The reason: This coronavirus is surrounded by a lipid covering that soap can break down.
As a result, wiping down counters, doorknobs, faucets, cellphones, and other areas that often come in contact with people's hands can go a long way toward preventing the spread of germs and sickness in the home.
Viruses can persist on surfaces, so anything you can do to keep them clean is a help, including the use of bleach solutions and disinfecting wipes.
The same germ-prevention advice holds for your hands and mouth.
Alcohol in hand sanitizers helps, but washing your hands often, for at least 20 seconds, is better. Try not to touch your eyes, nose, or mouth with dirty hands, and always cover your mouth when you cough.
Last but not definitely least, make sure to wash your hands with soap and water frequently, for 20 seconds at a time. In fact, make a habit of washing your hands as soon as you walk in your front door.

Check your medicine cabinet

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If you take a certain medication daily, it's smart to make sure you have enough in your cabinet.
I don't think you'll need six months' worth, but an extra month or two is a hedge against potential supply-chain shortages. Pick up other medicine cabinet basics you might be missing, such as acetaminophen, ibuprofen, and bandages.
As for wearing face masks outside the house, that probably helps as much as covering your mouth when you cough. That is, if it turns out you're the sick one, you'll be reducing other people's exposure to a degree, but it won't do much for your own risk from others.
Unless the mask is capable of filtering viruses and tightly fitted to prevent inhaling air around it, it's not of much use, and it doesn't protect you if you rub your eyes, because it's not a full face shield.

Consider working remotely

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As fear of the effects of the coronavirus has spread, some businesses are urging employees to work from home, especially if their work involves travel to Europe or Asia. If you think you might need to work remotely in the coming weeks or months, take stock of your home office and be sure it has all you need. Order enough paper, ink, toner, and other work supplies, so you can be productive in case you need to work there.

Lie low if you're sick

Got a bug? Whether it's the seasonal flu or something worse, it's always best to stay home.

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Are you interested in selling or buying your home in the next few months? Work with award winning realtor, Carmen Leal and her team that specialize in Real Estate Vancouver and have qualified Buyers that are looking for a home in your area!   604.218.4846 & www.carmenleal.ca


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      This communication is not intended to induce breach of existing listing agreement.





Tuesday, 3 March 2020

5 Reasons Why 2020 is The Year To Buy Real Estate




Lower mortgage rates, lower home prices, and the rise in buyer confidence means a busy year ahead for realtors

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Thinking of buying a home? Well, 2020 could be your year! Real Estate experts across the country are optimistic this year will see an upswing in the market, and more first-time homebuyers will have the keys to their new front door.
Here’s what we know: 2018 and 2019 got off to a slow start, but 2020 has already proven to be a year with positive surprises.  Here are some market trends that may sway your opinion and have you headed to your favourite real estate agent.


1.  Lower Mortgage Rates

The Bank of Canada's five-year benchmark qualifying rate dropped last year. Why is this important? Benchmark rates are interest rates set by the bank of Canada that are useful in financial contracts such as mortgages. Make sure you talk to your Real Estate Professional or Mortgage Broker to discuss your eligible rates.
When we see fast economic growth and higher inflation combined with low unemployment, mortgage rates tend to rise. When the economy is slowing down, inflation falling and unemployment increases, mortgage rates tend to decline. It gets tricky when these economic trends don't co-exist.
Economists are forecasting a slower economy as the year progresses due to challenges in the export market and international trade. That's actually good for mortgages. However, the national unemployment rate is low and expected to stay low as the demand for skilled trades continues to rise. Despite the discrepancy, the Canadian Real Estate Association remains optimistic.

2.  BC Assessment

In Vancouver, housing prices have experienced a slight dip in pricing in some areas due to the BC Assessments released in January. This lowering of assessed value in some regions bodes well for buyers who are trying desperately to find affordability in an area that boasts some of the most expensive homes in the country.

 3.  More Secure Long-term Investment

There are some great financial incentives only available to homeowners. If you currently own or are thinking about buying, make sure you take full advantage of things like possible tax breaks and incentives, building equity, new housing rebates and more. Read this for a closer look.

4.  Millennials Looking for Good investment  

Now that Millennials are into their late 20s and 30s, they are moving away from rentals and entering the world of homeownership. Millennials now make up the single largest group of Canadian homebuyers.
With recent changes to the Stress Test, the BC Assessments causing prices to drop in that region, first-time homebuyers’ programs and incentives, and lower interest rates across the country, the planets are aligning in 2020 for millennials to break into the housing market.
In a recent interview with the Vancouver Sun Ashley Smith, president of the Real Estate Board of Vancouver says affordability is a critical factor for millennials when it comes to buying a home (especially) in the Vancouver region, adding that a condo may be an attractive option.
"While many people still dream of owning a detached house, others prioritize an urban setting over the traditional white picket fence. I do think there is a shift for many millennials more towards lifestyle rather than square footage," Smith says.
In addition to price, Millennials are the driving force for technological advancements in the Real Estate industry and industry trends. Environmental footprint, electric car plug-ins, sustainability, and green space are all factors that come into play for millennials.

5.  Expand Your Search: Get More Bang for Your Buck

We all know the location of your home can have a significant effect on its price. By looking slightly outside of a popular neighbourhood but still within its reach, you can increase the affordability factor, get into your home sooner, and experience more bang for your buck.
Not only will you find more housing affordability, but you may also see a decrease in property taxes. In addition to the price, location is often close behind. Once all the musts are checked off your list, like schools and amenities, spreading your wings just slightly outside the preferred area may give you many benefits without sacrifice.
Most real estate professionals and economists agree that 2020 has a bright future for the industry. Convinced the timing is right for you to take the leap into homeownership? Contact an agent today or check out previous articles to help in preparation and process:

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    Are you interested in selling or buying your home in the next few months? Work with award winning realtor, Carmen Leal and her team that specialize in Real Estate Vancouver and have qualified Buyers that are looking for a home in your area!   604.218.4846 & www.carmenleal.ca

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          This communication is not intended to induce breach of existing listing agreement.

Monday, 2 March 2020

Destressing the 2020 Mortgage Stress Test

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Understanding the changes to Canada’s new Mortgage Stress Test, coming to a home near you in April 2020.

Agents and economists agree that the recently announced tweaks to Canada’s Mortgage Stress Test bring positive change to the housing industry. The new changes take effect on April 6, 2020, and will apply to insured mortgages. Let’s take a closer look. 

Introducing the April 2020 Stress Test

The new stress test will affect insured mortgages (those with less than 20% down payment). The rate will now be the weekly median five-year fixed insured mortgage rate plus 2%. If the new stress test changes took effect today, the rate would be 4.89%, says the Department of Finance or 30 basis points less than the current stress-test rate. (BTW, there are 100 basis points in 1%). So, a few percentage points can translate into thousands of dollars in savings for the borrower. 
The Benchmark Rate will be published on a Wednesday and come into effect the following Monday.
Critics of the current mortgage stress test say big banks have been keeping their five-year fixed posted rates artificially high. With mortgage rates falling since last year, the stress test has been increasingly out of sync with the actual contract rates consumers are receiving.
“For many middle-class Canadians, their home is the most important investment they will make in their lifetime. Our government has a responsibility to ensure that investment is protected and to support a stable housing market. The government will continue to monitor the housing market and make changes as appropriate. Reviewing the stress test ensures it is responsive to market conditions,” says Bill Morneau, Minister of Finance. 
The announcement comes following a review of the mortgage stress test ordered by Prime Minister Justin Trudeau in December 2019 to explore recommendations from financial institutions to make the stress test more “dynamic.”
Federal financial agencies conducted the review and concluded the minimum qualifying rate should reflect the evolution of market conditions. The stress test will be more representative of the mortgage rates offered by lenders and more responsive to what is happening in the market and economy.
The Office of the Superintendent of Financial Institutions (OSFI) also announced it is considering the same new benchmark rate to determine the minimum qualifying rate for uninsured mortgages.

How This Affects Buyers in 2020

Before this new change, Canada’s big six banks determined the benchmark rate, which was then adopted by the Bank of Canada and used as the stress test rate. The rate has been kept high, and this has affected borrowers from qualifying for the best possible mortgage. In some cases, they may not have been able to buy a home at all. The new test will allow more people to qualify, which is welcome news for the new home buyer.
As well, the new rate is more flexible, and this will, in turn, allow it to go with the ebb and flow of the economy.
The six big banks should not have been allowed to dictate how easy it is – or is not -  to get approved for a mortgage. Unless there is some unlikely and unexpected shock or rate spike this spring, the new, easier stress test should be music to the ears of home sellers,  adds McLister.
Robert Kavcic, senior economist with BMO Capital Markets, in a note to clients last Tuesday, said the new changes would “…have an impact on the market… At least a modest one to start. First, keep in mind that Vancouver, Toronto, Ottawa, Montreal are all either hot or getting hotter, and these changes will hit right as the spring selling season gets underway…”  
Something else to consider: The federal government only regulates major banking institutions and must impose the laws set by the Bank of Canada. Private mortgage lenders, mortgage brokers and other mortgage-related lenders aren’t subject to the same regulations and have far more flexibility when it comes to approving mortgage loans without the ‘stress test’ involved. For more on this check out our previous article on the Stress Test.


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Are you interested in selling or buying your home in the next few months? Work with award winning realtor, Carmen Leal and her team that specialize in Real Estate Vancouver and have qualified Buyers that are looking for a home in your area!   604.218.4846 & www.carmenleal.ca


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      This communication is not intended to induce breach of existing listing agreement.