Compare Suite Prices In Port Moody
  
Take a look at suites for sale in Newport Village in Port Moody.
2 bedroom 880+ square foot suites in low rise buildings priced from $299,00. to high rise view suites of 1500+ square feet at $699,000. Lots of choice and most can be rented before you occupy.
See more selection at our web site ...
http://portmoodycondos.ca
Renovate & Include Cost In Your Mortgage
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Three years ago, 5% down mortgages were extremely flexible. Today they are not.
Before you could refinance and pull out extra equity up to 95% loan to value. Today it's a maximum of 80% loan to value.
The funny thing is, you are still paying the same high ratio CMHC fees as you did when you had that flexibility.
The only other way to get access to extra funds is to do a "Purchase + Improvement" program. If you know you are purchasing a property that can be renovated, you might as well get the bank to finance it instead of paying with a PLC or, out of your pocket. BUT,
YOU NEED TO PLAN FOR THIS WHEN APPLYING FOR YOUR MORTGAGE, NOT AFTER.
If you want to renovate your property after receiving the mortgage, the bank will not have the power to increase your mortgage amount. Reply to this newsletter and let me help you plan for those renovations.
On average, CMHC has no issues lending out an extra 10% for renovations. For a $500k purchase, that's an extra 50k for reno's.
MORE ON RENOVATIONS To Include With Your Mortgage!
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If you're buying a resale home there‘s always going to be “something” that could use a simple update or complete overhaul. Whatever the renovation, I‘m betting it‘ll be on your mind after you take possession, and, until the work is completed.
I know there‘s always a good intention to save money for that big “to do list” when you move in, however, I know life gets in the way and sometimes that big “to do list” ends up lost in the shuffle.
Not to mention the new rules that CMHC introduced in 2012, renovations have become more important because future access to the equity in your home has been limited 80% of the value of your home if you refinance.
I'm happy to set you up with a SECOND OPINION HOME RENOVATION MORTGAGE AT DISCOUNT RATES. Reply to this email and let's talk about a no obligation strategy for you - check out a Merry Christmas Renewal.
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Buntzen Lake Park & Hike
Did you know Port Moody was on the doorstep of lakes, trails for hikes, bike riding, and beaches?
Take a look at Rocky Point Park, Buntzen Lake, White Pine Beach at Sasamat Lake, or, Belcarra Park on Indian Arm.
All so close to Newport Village or Suter Brook with newer residences, shops, and services all in walking distance to the new Evergreen Line at Inlet Center
Enjoy life in these neighborhoods and still have easy access to all points on Translinks Skytrain Line.
Imagine, downtown Vancouver in 20 minutes on West Coast Express. Or, use the SkyTrain Link all while enjoying the ambiance of Port Moody with clean air, lakes, mountains, beaches, and bike or walking paths.
Port Moody Centre Station
WOW - Is the Port Moody Area Growing.
Look at the new EVERGREEN LINE to Port Moody. Paste the URL to your browser ...
http://www.translink.ca/en/Plans-and-Projects/Rapid-Transit-Projects/Evergreen-Line.aspx
See the redition above to increase density of shops and homes around the proposed Centre Station on the Evergreen line. As you can imagine, property prices will rise as these these improvements start to kick in. You could buy now and let our Property Management Dept. do the work for you.
See our services at www.AxfordPropertyManagement.com
Reply to this newsletter and we'll meet you for coffee in Suter Brook.
Save Interest Costs With A Merry Christmas Renewal Proposal
Renewal Strategy
OK - MOST OF US HAVE A MORTGAGE. But, Most Simply Sign The Renewal Offered By The Bank which is usually a higher rate than what can be had in the market.
How lazy is that?
When a mortgage comes due at the end of the term, it's the time to take a careful look at what could be done.
Do you have personal debt to pay off?
Do you need to renovate or buy a second home for a family member?
Do you have excess room in your RRSP so you could contribute and reduce your income tax payable?
Take a look at a Merry Christmas Renewal Strategy and consider a 2nd opinion to:
save on interest costs;
eliminate payment shock in 5 years; and,
shorten the life of your mortgage.
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