Congratulations, You're a Home Owner!
Rita Cousins Senior Mortgage Advisor • August 12, 2021
GIVE YOURSELF A PAT ON THE BACK. YOUR OFFER HAS BEEN ACCEPTED AND
YOUR HOME WILL BE CLOSING SOON. NOW WHAT?
HERE ARE 5 SMART TIPS TO HELP YOU PLAN AHEAD & HAVE A SMOOTH MOVE:
- Find a safe spot for any home-related bills as well as your current mortgage documents.
It’s a good idea to also keep proof of your down-payment. - Once you move in there will also be on-going costs such as property tax or condo fees,
utility set-up fees and home and fire insurance. - Life is full of surprises - check out the advantages of a life insurance policy.
- As there will be some costs associated with closing, be sure to put money aside to
cover things like home loan insurance, land transfer tax, and legal fees. - Remember your mortgage qualification was based on your income, so if you’re
planning a career switch or going on maternity/paternity leave, let your agent know.
ANY QUESTIONS, PLEASE GIVE ME A CALL.
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
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The economics of building new homes in Canada are now "simply broken," sparking a macroeconomic drag that CIBC economists warn is just beginning to take hold. 👉 Details Here
