Wow!
I have just read the reports today about the new interest rates out there for borrowing money for real estate. The fact that you can lock in a 10 year fixed mortgage for under 4% is pretty extraordinary. For all you potential buyers out there and everyone sitting on the fence, sit up and take note.
You need to get to a mortgage advisor and talk about your options. This is a great time to buy a place in the Vancouver Mainland. As long as you choose the right place in a good location, stick to to a healthy budget and possibly have the option to rent it out, this could be your chance to make this place work for you. You may also want to look at buying property along transport corridors, especially sky train lines.
I attended a breakfast meeting yesterday where the real estate guru, Bob Rennie, came to talk and share his vision and thoughts about the city and where it is all going. Some very interesting highlights of which I will be sharing over the next few weeks. However for today's topic, it appears that more people are moving towards the idea of living in commuter areas that have direct access to transport where they do not have to own a car.
It makes perfect sense if you don't need one on a regular basis and there are some great developments happening around the city that offer competitive prices, transport links and an opportunity to make real estate work for you. This could be your chance to get on the property ladder at very affordable prices or even move up a scale or two to take advantage of some great borrowing deals.
So what are you waiting for. If you have any questions, just get in touch, get the ball rolling and lets make this happen!
No comments:
Post a Comment