Real Estate Guide - 07-26 Homefinder

Page 1

Homefinder Campbell River Mirror

www.campbellrivermirror.com

Friday, July 26, 2019 A13

Do all mortgages contain the same conditions? No! Here are a few questions to ask you lender: 1. Is the mortgage rate variable or fixed? 2. Can I prepay amounts, or is there a penalty for early repayment? 3. Can I transfer the mortgage balance to another property without penalty? 4. Can the mortgage be assumed by a subsequent owner? 5. Are there any built in terms allowing me to miss a payment or two? 6. What happens if I can’t pay for a few months? 7. What are the fees I must pay (application fee, appraisal, lender mortgage insurance, etc.) Your mortgage document will be several pages long. Be sure to read and understand all of the terms and conditions before you sign.

Janet Scotland, RI(BC) Managing Broker | Owner CENTURY Y 21 Arbutus Realty Direct Line: 250-923-2111 extension 102 or 250-287-6985 (text) www.janetscotland.ca

View our eEditions online www.campbellrivermirror.com

Campbell River Hot Tubs Ltd.

beachcomber HOT TUBS

2780-B South Island Highway, Campbell River Business 250-923-5550 Fax 250-923-5155 hot.tubs@shaw.ca hot.tubs@shaw.ca www.campbellriverhottubsltd.ca https://www.campbellriverhottubsltd.ca/ www.campbellriverhottubsltd.ca

FLOOR SALE COMING SOON

Supplement to


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.