Tag Archives: For Sellers

Mortgage Penalties and Selling Real Estate – Check with your Lender before Selling or be Prepared to Pay!

Don’t Let Mortgage Penalties Bite you in the Backside – Check with your Lender Before you List!

A lot of people assume that when they sell a property they can pay off the principal of their mortgage with the sale proceeds and be done with their lender.

This is not the case.

A mortgage is a legally binding contract between you and your lender for you to pay them a stream of principal and interest payments for the term of the mortgage. The lender will h Continue reading
Posted in: For Sellers, Vancouver Real Estate and Mortgage Financing
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When Will The Vancouver Real Estate Market Hit Bottom? Price Momentum in Real Estate

Price Momentum in Vancouver Real Estate – Its Falling Now, But When it Goes Up We Won’t Know Until A By Mike Stewart
View in HD Download 480p Version Visit Mike Stewart’s ExposureRoom Videos Page

When will Vancouver Real Estate hit bottom?

That is a question I get asked all the time. Like I have said in comments my post on Why Vancouver Real Estate Prices Go Up and Down, if I knew when the Vancouver Real Estate Market was going to bottom, I would no longer be working…

What we can say for sure is where the market is going over the next little while and this is based on the consensus of expectation.

There is a general consensus in Vancouver among buyers and sellers of real estate that prices will continue to fall and buyers and sellers are acting accordingly.

We will see the bottom of the Vancouver Real Estate market when buyer and seller expectations diverge and the consensus is broken.  Buyers will still be thinking prices are coming down and sellers will have some good news to give them hope that if they hold there will be hope going forward of hight future prices. Price will start to rise and a new consensus will form based on rising prices.

I can’t wait!

I’d love to hear your thoughts LEAVE A COMMENT!!

Posted in: For Buyers, For Sellers
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For Sellers – Lowball Offers – How to Avoid them and what to do if you get one

For Sellers – Lowball Offers and how to avoid them and what to do if you get one by Mike Stewart Dow By Mike Stewart
View in HD Download 480p Version Visit Mike Stewart’s ExposureRoom Videos Page

If you’re selling a property in Vancouver right now there is a very good chance you have received or will receive a lowball offer. This video explains how to avoid a low ball offer and what to do if you receive one.

What is a lowball offer?

Have a look at my previously posted video on lowball offers

Why are lowball offers so common right now? Continue reading

Posted in: For Sellers
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