"Doc's" August news!

BC Day was a blast...

What a great day! Kids, Grandkids and more... A house full of family and happy. We got to entertain and feed 3 grandkids, 2 children and their spouses, Judy and I and one surprise guest... Sure glad we picked up those extra few things from Costco.. A good time was had by all... Looking forward to next year..

blue west realty gaining momentum

What an adventure.. A brand new brokerage, Signing up agents left and right, Organizing coaching and training and much more... It is nerve wracking and exciting all at the same time. Kind. of like trying to see how many apples are in an apple seed.  The real estate market is certainly in a state of flux right now and seems to moving more toward a buyers market. Unlike the sellers market of the past many months...If you are thinking of making a move this fall, now is the time to get your plans laid and putting all the pieces together starting with your finances.... See your lender and see what is possible... You will be glad you did... 

See what your home is worth in todays marketplace...Call me for a free, no obligation market evaluation... Could be worth more than you think... 

Remember to Talk to "Doc". He makes house calls!

Reverse Mortgages Help First Time Home Buyers

Are you a Canadian 55+ trying to help your family with a down payment on their first home? It is more difficult now than ever to afford a home because of rising home prices – which means your family could benefit from help now instead of waiting for an inheritance.

Reverse Mortgages allow home owners with no mortgages and equity in their homes to take out some of that equity and provide it to family members, who can use it as a downpayment for their own home purchase. Rather than wait till mom and dad pass away a reverse mortgage can be used now, there are no monthly payments to the parents and no income tax is payable on the money taken from the home.

If the downpayment is 20% or greater that can also help the children avoid High Ratio Mortgage Insurance. Feel free to call me so we can talk about whether a Reverse Mortgage can be used to generate a "WARM INHERITANCE" that can benefit family members. And as a bonus, you get to see their new house before you go!