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How To Sell A Vancouver Condo # 1 | Mortgage Penalties?

 How to Avoid 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. Do I Pay A Penalty if I Want to Sell My Condo? When a…

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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 have something in the small print of the mortgage they can get either…

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