Mortgage Minute - June 2019

Aleem Peermohamed - Senior Mortgage Planner

Paragon Mortgage Group

aleem@themortgagespecialist.com
778-233-2377
http://www.themortgagespecialist.com/

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June Foreclosures

 

June 2019 Foreclosures North Surrey - Detached
June 2019 Foreclosures North Vancouver - Detached
June 2019 Foreclosures South Surrey - Attached
June 2019 Foreclosures Port Coquitlam- Detached
June 2019 Foreclosures Surrey - Attached
June 2019 Foreclosures Vancouver East - Attached
June 2019 Foreclosures Vancouver East - Detached
June 2019 Foreclosures Port Coquitlam - Attached
June 2019 Foreclosures Vancouver West - Attached
June 2019 Foreclosures Vancouver West - Detached
June 2019 Foreclosures Vancouver East - Detached
June 2019 Foreclosures Mission- Detached
June 2019 Foreclosures South Surrey - Attached
June 2019 Foreclosures Port Coquitlam- Detached
June 2019 Foreclosures North Vancouver - Detached
June 2019 Foreclosures North Surrey - Detached
June 2019 Foreclosures North Surrey - Attached

Some good deals to be had.  Buying a foreclosure property is NOT easy nor simple so make sure you have an experienced professional to help you.  Call me or message me if you need a referral or two.

Have particular questions or need details? Schedule a call with Aleem to find out more or if you have any questions 



Property Tax Notice

 

Friendly reminder to claim your home owner's grant.  This has to be done every year....

If you have questions on how to do this, please feel free to give me a call @ 778 233 2377, and I would be happy to walk you through this.



Fixed Rates Have Dropped - Is Now the Time to Refinance!?

 

Fixed Mortgage Rates have dropped significantly over the last 6 months, by about 0.8% just since the New Year! 

This could means that refinancing might make sense for you. Of course, it is more affordable now than it was back in December. But it is still prudent to ask the right questions and to make sure that it makes sense for you.

If you've been wanting to do some home renovations, get rid of high interest credit card debt, or take care of other expenses, like post-secondary education for the kids, it might be the right time to pull the trigger on a refinance.

When restructuring a mortgage, we can often blend the new funds required right into the current mortgage, meaning that the dreaded penalty is avoided. 

We can also explore adding secured lines of credit to your borrowing, so that you have flexible options around when you spend your money and when you have to make payments on borrowed funds. 

If you or someone you know would like to see if you can benefit from today's low interest rates, give me a call today at 778-233-2377



The 10 Best Hikes in Vancouver

 

Looking for something to do in the outdoors, and also maybe to get in better shape? How about a good long hike. This article takes you to a review of 10 Fantastic Hikes all to our beautiful city. 

Top 10 Vancouver Hikes

The information is provided by Vancouver Trails.

The link above takes you to some more intermediate trails in terms of stress levels, and some of the trails are outside the lower mainland.

If you are looking for intermediate or less and local try this link provide by our local CTV station.

Local Trails



Congratulations to the Toronto Raptors- 2019 NBA CHAMPIONS

 

Earlier this month, we witnessed history.

It was a proud moment to be a Canadian.

For the first time in years, there was a buzz around this city that brought people together.

High-Fiving on the streets, getting together in the bars- crowding around a big screen.

Together, people were cheering on Canada's loan professional basketball team, the Toronto Raptors, on their magnificent run to becoming the 2019 NBA Champions.



What Are Private Mortgages?

 

With the Canadian Banking Rules getting tighter and less flexible, this has opened up a secondary market  for many borrowers,

B options, and Private Mortgage Financing options may be a very suitable solution whether you are buying, refinancing, residential or commercial property.

Private mortgages are short- term, interest-only loans, ranging in length from 1 to 3 years. Interest Only Loans do not require homeowners to pay the mortgage principal down, and instead only require interest payments each month. This reduction in the required payments may also help with cash flow issues.



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