Tag Archives: Mortgage Penalties

How To Sell a Condo in Vancouver Episode 1: Mortgage Penalties?

How to Sell a Condo in Vancouver 1 – Getting Started and Avoiding Mortgage Penalties

Welcome to Episode 1 of How to Sell Your Vancouver Condo. This series of videos will give a detailed step by step explanation of how to sell a condo in Vancouver. Please feel free to contact me at any time if you have a question!

So You Want to Sell Your Condo…

Most people in Vancouver have a mortgage on their condo. Those fortunate people who don’t have a mortgage on their condo, go ahead and skip to Episode 2.

I Pay A Penalty if I Want to Sell My Condo? What?! Continue reading

Posted in: For Sellers, How To Sell A Vancouver Condo
Tags: , , , , , , , ,
5 Comments

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
Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
4 Comments