June 2018 - My Mortgage Newsletter

June 2018 Foreclosures

Attached - New West
Detached - Mission
Attached - South Surrey White Rock
Attached - Vancouver West
Attached - Burnaby
Detached - North Delta
Attached - Vancouver East
Attached - Richmond
Attached - Tri Cities
Attached - New West
Attached - South Surrey White Rock
Attached - Burnaby
Detached - Mission
Detached - Ladner
Attached - Vancouver East
Detached - North Delta
Attached - Vancouver West

Foreclosure properties are always popular. Contrary to US television shows, these properties do NOT sell for pennies on the dollar here in Canada. 

Contact me if you are interested in these , or any other type of real estate. I will help connect you with a Realtor experienced in what you are looking for.

Save $570 on Property Tax

For those of us that pay our property taxes this information is for you.

You should’ve received your property tax notice in the mail by now, or this week.

You, assuming the property is your principal residence, will want to claim your home owners grant. Column B for most and some Column C

You will need this notice to do this. You will go online to your cities website (ie. www.Surrey.ca/ehog). Claiming your grant will take you about a minute or less. I just did mine in seconds.   Here's how to claim your Home Owner's Grant (click link).

Hopefully this helps! Happy saving $570!

Why are 90% of people choosing Variable Rates?

The safe and sound choice in today’s mortgage market is to lock down a rate for five years and let borrowing costs do what they may.

That’s how you should proceed if you’re a nervous first-time home buyer or just holding things together financially as you renew. Everyone else, consider the variable-rate option. While they leave you exposed to rising interest rates ahead, variable-rate mortgages can be cheaper in two important ways.

For more, read this article by Rob Carrick from Globe and Mail:

https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-two-reasons-to-consider-a-variable-rate-mortgage/Read more about variable v fixed