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3 THINGS TO LOOK FOR IN AN INVESTMENT PROPERTY

I am a huge advocate for real estate investing, not because I am a realtor, but because it is one of the most reliable investments. So for those of you who are looking for an investment property, here are three key factors you should consider. 1. Location Location is important, as when residents are looking to move, they will be considering the area’s community. Such as schools, neighbours, the...

HOW TO GET MORTGAGE APPROVAL WHILE SELF EMPLOYED

Being Self-Employed has a lot of benefits, but it also comes with a lot of extra work. Some things are expected, such as managing your own business and dealing with your own accounting, but there are times when difficulties arise from unexpected places.  Some of these challenges surfaced for the first time for our client when he decided it was time to upsize into a new home.  Despite...

IT’S TIME TO GIVE BACK

An exciting new chapter begins for J.O. Homes as we celebrate our success with RE/MAX Blueprint by giving back to the community. We’re proud to announce that as a part of RE/MAX Blueprint, have joined the Children’s Miracle Hospital Network and have become one of the 3 only RE/MAX Offices in Western Canada to have 100% of their agents a part of the Miracle Home Program.  This means that the...

OCTOBER 2020 – SURREY REAL ESTATE UPDATES

New statistics for October prove that the Real Estate market is still going hot when results show that overall sales have made October another record breaking month with the Fraser Valley Real estate Board. Making it the FiFTH month of high activity for real estate in this region.  For the City of Surrey, we saw an increase activity for detached homes by 71.6% compared to 2019 Townhomes have...

WHY YOU SHOULD BE INVESTING IN REAL ESTATE NOW

If there were ever a time to act and begin investing in real estate it would be now. Mortgage rates in BC  are now at an all time low at 1.8%. Making it easier to carry a property. To better explain, the mortgage rate in 2018 was approximately 3%. If you put 20% down payment on an investment condo worth half a million, then you would have had to pay about $1680 a month for the...

REAL ESTATE BUYERS’ TIP: ASSIGNMENTS

As some of you may know, the market for real estate has been incredibly hot, and because of that I want to share a tip for those looking to buy right now.  With so much activity in the real estate market at the moment, you may come across some “Property Assignments” An Assignment is a legal transaction where an “Assignor” purchases a property; typically a condo, presales, or big...

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