If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
Nina Cavalieri
604-779-5297 604-779-5297
Eco Realty Inc.
Stop Paying Rent in Forever!
Six Helpful Tips To Help Save First-time Home-buyers in Money… And Anxiety!
With interest rates hovering around their thirty year lows, a multitude of flexible and low cost loan programs are available, as well as a wide variety of assistance programs that can help virtually anybody experience the joy of home ownership.
In short, the economic environment simply couldn’t be better to buy your first home in . However, if you have always been a renter, then you probably aren’t as well informed of the intimate processes of obtaining a home mortgage as you’d like to be.
To guide you through this exciting but often confusing time, this report details six tips that will help make your purchase a much smoother experience, save you money and eliminate your anxieties.
Get Pre-qualified Before Starting Your Search Before you begin your home search in the real estate market, before you make one single decision regarding a home purchase, get pre-qualified by a mortgage professional.
Pre-qualification is free and will give you a definite advantage in the buying process.
During the evaluation stage, it will clarify your financial situation, indicating how much home you can afford. This may influence your decision for location, narrowing your search.
You’ll also know exactly how much home you can afford, further clarifying your search. Pre-qualification will also give you a step up on your competition.
Home-buyers that are pre-qualified have increased leverage with Realtors and sellers, in the real estate world, over buyers who are not. Essentially, a pre-qualified buyer becomes a "cash" buyer.
Don’t Become Fixated On The Interest Rate Alone! Be careful! The lowest interest rate does not always translate to the best deal. Look at the loan programs that are being offered, not just the rate.
There are several factors that have to be taken into account when evaluating programs: the loan type (fixed or adjustable), the loan term (15 year or 30 year), the rate and the down payment requirement.
Adjustable Rate Mortgage’s (ARM’s) are typically very low at the beginning but can escalate quickly.
These are good for short-term purchases, but long-term mortgage holders are typically better off with a fixed rate. If you can afford it, you may consider a fifteen-year mortgage.
Typically the monthly payments are only 20% higher, and you cut off half the duration of your loan. Additionally, your credit will play a big part in what program will be offered to you. "A" paper, lender lingo for an applicant who has perfect credit, may find a 6.5% rate with only 10% down. But if you have some credit history problems, sometimes referred to as "B" or "C" paper, you may find that to receive the prime rate, you need 20% down. So shop around!
Clean Up Your Credit By getting pre-qualified, you will be made aware of any potential credit problems in your credit history. Don’t despair if the credit report is not stellar.
Even if an incident cannot be taken off the report, by knowing the background of your financial history, your lender may be able to put your financial situation in a better light when submitting the actual loan application.
Review your credit report carefully. It is very common for non-payments to be listed that are not even yours. Your mortgage professional will help you address problems showing up on the credit report.
Many times, a simple letter to the creditor explaining the circumstances at the time of the incident will rectify the situation. However this may take a few months, so start early.
Get A Realtor® As a first time home-buyer in , the biggest mistake you can make is believing that you can save money if you do not use a Realtor.
Although the seller pays the commissions, some listing agents will tell you they can represent both you and the seller fairly. While in some cases this may certainly be true, it’s better to be safe than sorry.
Get a real estate agent that represents your interests solely. A buyer agent will make sure the home is inspected properly, do diligence on any hidden discovery and more times than not, the money they save you on negotiating the price of your new home will more than off-set any reduction in price due to the commissions not being paid by the seller.
What Do You Want In Your Home? There will be many decisions as you start this process. Your Realtor will take you to several different homes on the real estate market. Some you will like; some you won’t, but most will land somewhere in between.
"You love this home except it doesn’t have…" or "That home would be perfect if it only had…" will be common phrases during this process.
Decide now what features you feel are "necessities" in a home and which features are items that would be "nice to have." This list will no doubt change the farther along you go, but the list will be extremely useful as you begin to look at homes. It will also be useful to the Realtor so he can better qualify the homes that he shows you.
There is a lot of free information available to you about buying, selling or investing in real estate. For complete information about the real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything real estate. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer your questions. Call me on my cell at 604-779-5297 or email me at homesbynina@shaw.ca.
Kind regards,
Nina Cavalieri eCoRealty Inc. #570- 1333 West Broadway, Vancouver, B.C. V6H 4C1 Mobile: 604-779-5297 Office: 604-251-5900 Fax: 604-608-5601 Email: nina.cavalieri@ecorealty.ca
Web: www.WestVancouverHomeInfo.com
Vancouver British Columbia Real Estate - Distress Sale and Bank Foreclosure
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.
If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
Vancouver Real Estate- Distress Sale Bank Foreclosure
Distress Salesresulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.
If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
Mortgage life Insurance- Which is the better choice?
You have just been approved for your financing on your new home. The lending officer or mortgage specialist is now offering you mortgage insurance through the bank. You answer a very small number of questions and presto you are covered. Do you really understand what your family has just purchased?
You have two choices in reality and the second one has not been presented to you.
Taking a few moments to compare the two choices could save your loved ones a lot of grief and financial anguish.
The first kind of mortgage insurance is sold to you through the bank or other lending institution at the time you are signing off on one of the largest purchases you are likely ever going to make. It is called group creditor mortgage insurance. You are most likely going to be in a weak position to say no. You do have the need for some insurance coverage to protect your family in the event of your premature death. The person across the desk has just lent you a large sum of money so may feel somewhat beholden to them.
The following is what you are buying when you buy group creditor mortgage insurance:
#1. The Lender is the sole beneficiary and owner of the policy. This means the mortgage is retired in its entirety at your death. There are no other options period.
#2. The death benefit declines over time. Let us say that you bought coverage for $250,000 at the beginning of the mortgage amortization period. In year 10 you have reduced the mortgage to $150,000 principal owing. If you were to die with that amount outstanding that is what the creditor coverage would pay off.
#3. The premium in fact increases over time as the rate stays the same or goes up and the amount owing has decreased steadily over time. It becomes very expensive the closer you move to paying off the mortgage. You receive less and less value!
#4.The lender can cancel the policy at any time without any notice to you.
#5.The policy is not transferrable. This means if you switch to another lender you have to sign up all over again. The challenge with this is that you may become uninsurable because you are now in poor or impaired health. You are also going to be older and the rates move up with age not down.
#1. Mortgage insurance is simply life insurance. Life insurance does one thing only and it raises cash and in most cases it is tax free.
#2. You take out a life policy which can be 1 year, 5 years, 10, 20,30 years or longer and you are the owner.
#3. As the owner you decide who is going to get the cash upon your death. For example the beneficiary may decide to invest the life insurance proceeds elsewhere instead of paying off the mortgage.
#4. The death benefit or the amount of coverage stays the same for the entire period of coverage chosen. In most term insurance policies the rate does not change. You have certainty on pricing.
#5. No need to re-apply to another insurance company if you switch lenders because you have your own policy independent of the lender.
#6. You can choose to cancel the policy at any time. Once in force the insurance company cannot cancel the policy unless they can prove fraud occurred at time of application.
YOU DECIDE WHICH IS THE BETTER CHOICE
Sample rates:
AgeSample Creditor Mortgage InsuranceLeading Life Insurer's Rates
30$18.00 Monthly$17.23 Monthly
35$26.00 Monthly$18.59 Monthly
40 $40.00 Monthly$23.22 Monthly
45$58.00 Monthly$32.55 Monthly
50$80.00 Monthly$49.16 Monthly
Rates based on Male, Non Smoker, $200,000 of Coverage, Standard Risk, Term: 10 Years, and monthly premiums.
Vancouver British Columbia Real Estate - Distress Sale and Bank Foreclosure
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.
If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
Vancouver British Columbia Real Estate - Distress Sale and Bank Foreclosure
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.
If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
Vancouver British Columbia Real Estate - Distress Sale and Bank Foreclosure
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.
If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
You have just been approved for your financing on your new home. The lending officer or mortgage specialist is now offering you mortgage insurance through the bank. You answer a very small number of questions and presto you are covered. Do you really understand what your family has just purchased?
You have two choices in reality and the second one has not been presented to you.
Taking a few moments to compare the two choices could save your loved ones a lot of grief and financial anguish.
The first kind of mortgage insurance is sold to you through the bank or other lending institution at the time you are signing off on one of the largest purchases you are likely ever going to make. It is called group creditor mortgage insurance. You are most likely going to be in a weak position to say no. You do have the need for some insurance coverage to protect your family in the event of your premature death. The person across the desk has just lent you a large sum of money so may feel somewhat beholden to them.
The following is what you are buying when you buy group creditor mortgage insurance:
#1. The Lender is the sole beneficiary and owner of the policy. This means the mortgage is retired in its entirety at your death. There are no other options period.
#2. The death benefit declines over time. Let us say that you bought coverage for $250,000 at the beginning of the mortgage amortization period. In year 10 you have reduced the mortgage to $150,000 principal owing. If you were to die with that amount outstanding that is what the creditor coverage would pay off.
#3. The premium in fact increases over time as the rate stays the same or goes up and the amount owing has decreased steadily over time. It becomes very expensive the closer you move to paying off the mortgage. You receive less and less value!
#4.The lender can cancel the policy at any time without any notice to you.
#5.The policy is not transferrable. This means if you switch to another lender you have to sign up all over again. The challenge with this is that you may become uninsurable because you are now in poor or impaired health. You are also going to be older and the rates move up with age not down.
There is a choice and it follows:
LIFE Insurance
#1. Mortgage insurance is simply life insurance. Life insurance does one thing only and it raises cash and in most cases it is tax free.
#2. You take out a life policy which can be 1 year, 5 years, 10, 20,30 years or longer and you are the owner.
#3. As the owner you decide who is going to get the cash upon your death. For example the beneficiary may decide to invest the life insurance proceeds elsewhere instead of paying off the mortgage.
#4. The death benefit or the amount of coverage stays the same for the entire period of coverage chosen. In most term insurance policies the rate does not change. You have certainty on pricing.
#5. No need to re-apply to another insurance company if you switch lenders because you have your own policy independent of the lender.
#6. You can choose to cancel the policy at any time. Once in force the insurance company cannot cancel the policy unless they can prove fraud occurred at time of application.
YOU DECIDE WHICH IS THE BETTER CHOICE
Sample rates:
AgeSample Creditor Mortgage InsuranceLeading Life Insurer's Rates
30$18.00 Monthly$17.23 Monthly
35$26.00 Monthly$18.59 Monthly
40 $40.00 Monthly$23.22 Monthly
45$58.00 Monthly$32.55 Monthly
50$80.00 Monthly$49.16 Monthly
Rates based on Male, Non Smoker, $200,000 of Coverage, Standard Risk, Term: 10 Years, and monthly premiums.
For more information contact:
Harold Grabowski
Business address: Suite #1100-1200 West 73rd Avenue,
Vancouver British Columbia Real Estate - Distress Sale and Bank Foreclosure
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.
If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service every week will save you a lot of research and running around.
Here's how it works. Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form below including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of this page.
It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up. If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out.
When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you.
This FREE service every week will save you a lot of research and running around. Here's how it works.
Every week, you will receive a FREE computerized report listing the current Foreclosure properties in your desired price range and location.
There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.
You can request this free service by simply filling out the information on the form Distress Sales including the specific price range and area you would like the "Foreclosure Weekly Report" on. When you have completed the form just click the "Submit" button at the bottom of Distress Sales page.
Nina Cavalieri & The Home Selling Team 604-779-5297 Team 3000 Realty Ltd. Full MLS® from $3000 Why pay more?
Where can I learn more about appealing my Vancouver property taxes?
Contact your local Vancouver tax assessor's office to see what procedures to follow to appeal your property tax assessment. You may be able to appeal your assessment informally. Mostly likely, however, you will have to go through a formal tax-appeal processes, which begin with an appeal filed with the appropriate assessment appeals board.
It depends. Fixtures, any kind of personal property that is permanently attached to a house (such as drapery rods, built-in bookcases, tacked-down carpeting or a furnace) automatically stay with the house unless specified otherwise in the sales contract. But anything that is not nailed down is negotiable. This most often involves appliances that are not built in (washer, dryer, refrigerator, for example), although some sellers will be interested in negotiating for other items, such as a piano.
What are some pre purchase considerations to think about?
When you buy a resale home, you can find out a lot more about the Vancouver area property and the neighborhood before you buy than when you buy a new home.
Land to support new-home developments usually is located on the outskirts of town. Potential buyers should ask the developer about future access to public transit, entertainment activities, shopping centers, churches and schools. Find out how far it is to the nearest library, for example.
Builders often include financing programs to help move more buyers into a project early on. If it's a buyer's market in the Vancouver area, you can be sure that developers will offer incentives such as low-down-payment financing.
What is the best time to sell your Vancouver house?
There is no "best" time to sell per se. Selling a house in the Vancouver area depends on supply, demand and other economic factors. But the time of year in which you choose to sell can make a difference both in the amount of time it takes to sell your home and in the ultimate selling price.
Weather conditions are less of a consideration in more temperate climates, but most of the time, the real estate market picks up as early as February, with the strongest selling season usually lasting through May and June.
With the onset of summer, the market slows.
