Oriana Agudelo Mortgage Newsletter - Edition #2 - October 2017

Oriana Agudelo - Mortgage Broker

Mortgageslab Financial Inc

oriana@mymortgageloanexpert.com
(778) 877 7487
http://www.mymortgageloanexpert.com

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Whistler Off-Road Adventure

 

This was actually in September, but I really wanted to share this fun adventure with all of you.  The earlier sunny days of the month brought great adventures.  I am so happy we did this before the weather started to change. During a camping trip to Pemberton, BC;  my partner in crime surprised me with a Whistler Off-Road Adventure tour that allow us to discover with more detail what the mountains had to offer.

The search for freedom just got faster and a lot more fun. Jumped aboard a 4×4 off-road buggy experience.  Our  guide taught us in minutes how to drive our very own 4×4 adventure machine. 

Climbed rugged mountain roads and forested single track trails up to scenic mountain viewpoints.

I had wanted to do this for a long time, and it was even more fun of what thought it would be. 



FAQs: The Empty Homes Tax

 

The Empty Homes Tax (EHT) came into effect January 2017 and many of our clients have had questions about what it is and when it applies. Answers to some frequently asked questions about the EHT are outlined below.

Click here for more info!



How first-time homebuyers can protect their budget

 

Millennials are dominating the housing market for the fourth consecutive year, according to research from the National Association of Realtors (NAR). However, 49 percent of Millennials don’t have the necessary funds set aside to cover a $500 emergency expense.

An unforeseen expense can be a crushing blow to a budget. That’s why homeowners — especially first-time Millennial buyers — should take steps to protect themselves from the unexpected.

Unanticipated expenses are almost guaranteed to occur. As David Bach writes in his bestseller "The Automatic Millionaire" -- "No matter how well you plan or how positively you think, there are always things out of your control that can go wrong."

Protecting your home and budget:

A FedEx truck might accidentally back into your house, leading to a $900 gutter repair bill. The air conditioner or washing machine could break. You may discover that your neighborhood is prone to power outages, so you’ll need to invest in a pricey backup generator.

Unexpected costs like these can wreak havoc on a budget, but preparing for them can go a long way toward protecting yourself. Here are a few steps first-time buyers should take in order to help keep their budget intact.

Continue Article Here...



Mortgage Financing Is Becoming More Difficult

 

There has been a lot of legislation since 2008 that has come down to tighten mortgage financing.  

What most people don't realize, is a large portion of it only applies to federally regulated lenders.

Provincially regulated lenders such as credit unions have not been exposed to these regulations (as much).  

So, what's the problem?

Well, the credit unions are now jammed with deals that the federally regulated lenders can't touch.  

This does 2 things:

1. Underwriting can take a month + 
2. Higher rates

What's the solution?

Plan for your specific situation, relative to the type of property you want to purchase. 

Who does this for you? ... Me.  Reach me directly at 778-877-7487 - I am always here to assist you.



Our 60+ Favorite Halloween Decorating Ideas

 

Spook Up the Front Porch

Even if Halloween guests never enter your home — aka trick-or-treaters — they'll definitely see the front porch so give it a festive feel with a colorful rug, lanterns, mums and piles of pumpkins. For a spooktastic finishing touch, we added a pair of Grandin Road Pre-Lit Spooky Treesthat come pre-wrapped in mini orange lights that'll cast a spell long after the witching hour.

View Slide Show here...



October 2017 - Commercial Activity

 

October 2017 - Business w Property - BC Wide
October 2017 - Agri Business - BC Wide
October 2017 - Multifamily - BC Wide
October 2017 - Land - BC Wide

Lots of opportunities in the Commercial world.. Here is this months new listings in each Category, call me with any questions!



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