Cole Grekul

Realtor for MaxWell Progressive

[Cole Grekul @grekulcole]

Homeownership key to building wealth in Canada | Financial Post https://t.co/z8JHKFsyPm

[Cole Grekul @grekulcole]

@bensmithlive Great post! What do you recommend for red light therapy options?

[Cole Grekul @grekulcole]

Another empty gesture from the liberal government in their “efforts” to impact the housing crisis

[Ron Butler @ronmortgageguy]

This Video Is Ridiculously FALSE

I Believe The Housing Minister is an intelligent, well intentioned person

Virtually every word is false with the possible exception of "and" & "the"

The falsehoods:

1) Millions of Renters want to buy homes..... except they're unaffordable

2/

[Jesse Pujji @jspujji]

The most impactful quote on God I’ve ever read:

(Also apparently Einstein and Spinoza were Sikh!?)

When Einstein gave lectures at U.S. universities, the question students asked him most was: Do you believe in God? And he always answered:

I believe in the God of Spinoza.

Baruch de Spinoza was a Dutch philosopher considered one of the great rationalists of 17th century philosophy, along with Descartes.

According to Spinoza, God would say:

“Stop praying. I want you to go out into the world and enjoy your life. I want you to sing, have fun and enjoy everything I've made for you.

“Stop going into those dark, cold temples that you built yourself and saying they are my house. My house is in the mountains, in the woods, rivers, lakes, beaches. That's where I live and there I express my love for you.
“Stop blaming me for your miserable life; I never told you there was anything wrong with you or that you were a sinner, or that your sexuality was a bad thing. Sex is a gift I have given you and with which you can express your love, your ecstasy, your joy. So don't blame me for everything that others made you believe.
“Stop reading alleged sacred scriptures that have nothing to do with me. If you can't read me in a sunrise, in a landscape, in the look of your friends, in your son's eyes—you will find me in no book!

“Stop asking me, ‘Will you tell me how to do my job?’ Stop being so scared of me. I do not judge you or criticize you, nor get angry or bothered. I am pure love.

“Stop asking for forgiveness, there's nothing to forgive. If I made you, I filled you with passions, limitations, pleasures, feelings, needs, inconsistencies, and best of all, free will. Why would I blame you if you respond to something I put in you? How could I punish you for being the way you are, if I'm the one who made you? Do you think I could create a place to burn all my children who behave badly for the rest of eternity? What kind of god would do that?

“Respect your peers, and don't give what you don't want for yourself. All I ask is that you pay attention in your life—alertness is your guide.

“My beloved, this life is not a test, not a step on the way, not a rehearsal, not a prelude to paradise. This life is the only thing here and now—and it is all you need.

“I have set you absolutely free, no prizes or punishments, no sins or virtues, no one carries a marker, no one keeps a record.

You are absolutely free to create in your life. It’s you who creates heaven or hell.
“Live as if there is nothing beyond this life, as if this is your only chance to enjoy, to love, to exist. Then you will have enjoyed the opportunity I gave you. And if there is an afterlife, rest assured that I won't ask if you behaved right or wrong, I'll ask, ‘Did you like it? Did you have fun? What did you enjoy the most? What did you learn?’

“Stop believing in me; believing is assuming, guessing, imagining. I don't want you to believe in me, I want you to believe in you. I want you to feel me in you when you kiss your beloved, when you tuck in your little girl, when you caress your dog, when you bathe in the sea.

“Stop praising me. What kind of egomaniac God do you think I am? I'm bored with being praised. I'm tired of being thanked. Feeling grateful? Prove it by taking care of yourself, your health, your relationships, the world. Express your joy! That's the way to praise me.

“Stop complicating things and repeating as a parrot what you've been taught about me. Why do you need more miracles? So many explanations?
“The only thing for sure is that you are here, that you are alive, that this world is full of wonders.”

[Collin Rugg @CollinRugg]

NEW: A $16 million mansion is on the verge of falling off a cliff into the ocean in Dana Point, California.

Two other homes, priced at $12.8million and $13 million, are in danger of falling off the cliff as well.

The situation took a turn for the worse last week when heavy rains caused a landslide, resulting in a large part of the cliff breaking off onto the beach below.

City Manager Mike Killebrew says no structures are jeopardized at the moment and the residents have *not* been told to evacuate yet.

Residents have been told however to be on the lookout as a future storm could send the homes into the ocean.

[Cole Grekul @grekulcole]

Bank of Canada holds rates again. So when will cuts begin? 🥳👏 https://t.co/zTriSJ2QFj

[Cole Grekul @grekulcole]

Sellers markets in Calgary and Edmonton, outliers in Canada https://t.co/g2zt3iSwpZ

[Ron Butler @ronmortgageguy]

Tiff Macklem Runs Up The White Flag; Looks Like Rate Hikes Are Done

When a Bank of Canada Governor who has been called out for saying dumb stuff uses a phrase like "Interest Rates are high enough" bet the farm rate hikes are done

He may have suggested he could still hike

2/

[Cole Grekul @grekulcole]

3/3 Now is the time to lean on expert Mortgage Brokers and Realtors and look at creative options to alleviate the financial stress

[Cole Grekul @grekulcole]

2/3 “going to a new lender could backfire as homeowners will have to qualify for the stress test — 5.25 per cent or the lending rate plus two per cent”

The borrowing rate is at a 20 year high, payments have doubled or tripled and folks are struggling

[Cole Grekul @grekulcole]

“24% have considered extending their mortgage’s amortization period, 23% said they are thinking about switching lenders to get a better rate, almost 20% have mulled over extending their mortgage term and 17% are planning to sell/downsize” 1/2 https://t.co/zbHTutWze1

[City of Edmonton @CityofEdmonton]

An additional 2.13% tax increase will be needed in order to maintain the City’s 70 services in 2024, bringing the tax increase to 7.09%.

For an average Edmonton household, a 7.09% tax increase means about $49 more/$100K of assessed home value.

[Mark McGrath @MarkMcGrathCFP]

Make sure you know what you're retiring to.

This was a hard post to write.

I almost didn't write it in fact. I've started and trashed this story many times.

But I believe there are important lessons in this story we can learn from.

Warning: this does not have a happy ending.

[Ron Butler @ronmortgageguy]

A Difficult Time In Mortgage World: Rates Become VERY Unpredictable

The most important thing to do is to avoid the Fck-Over

In Mortgage World the Fck-Over is the technical term we use to describe your bank phoning and telling you have 3 hours to Lock-in a SPECIAL Rate

2/

[Cole Grekul @grekulcole]

Faced with financial challenges? A HELOC may be your best borrowing option but sticking to a payment plan and rebuilding your equity is crucial for your future https://t.co/c1VLygJptC

[Cole Grekul @grekulcole]

Selling your home doesn’t mean you need to give up your sweet interest rate, you could port it to the next home or transfer it to the new buyer as part of the sale https://t.co/nDvTQa05Ol

[Cole Grekul @grekulcole]

A little insight on factors that contribute to a property’s value https://t.co/NLKkZIEsh3

[Cole Grekul @grekulcole]

Opting for the .5% rate increase, the Bank of Canada says they will wait and see how inflation reacts before making further changes https://t.co/hbzJjAvYDV

[Cole Grekul @grekulcole]

https://t.co/jedZRbROzk

[Cole Grekul @grekulcole]

https://t.co/eYy81vjWl9