Blog by Rebecca Permack

602 1235 QUAYSIDE Drive, New Westminster, British Columbia

February 27th, 2008

Check out this Condo for sale, 602 1235 QUAYSIDE Drive, New Westminster, British Columbia

Move right into this 2 bdrm, 2 bathroom unit in "The Riviera" at New Westminster Quay! This spacious and bright 1,259 sqft Southwest facing unit has many great updates including new laminate and tile flooring, kitchen counters, cup boards and backsplash, updated lighting and paint throughout. Othe ...

How Much Can I Afford?

February 9th, 2008

What amount should I establish for my monthly mortgage payments?

House hunting begins at home... with planning. Knowing your affordable price range will bring your house hunting into focus.

How much house you can afford depends on two things: how much you can afford for the monthly mortgage payment, and how much you can invest in the down payment. Monthly payments include the prin ...

Down Payment

February 9th, 2008

How much will I need for my initial investment in my new home?

You'll need a combination of a down payment and closing costs.

The money that you pay up front for a house is the down payment. These payments typically range from 5 to 25% of the total value of the home. The obvious source of money for your down payment is either your savings or the proceeds from the sale of a ho ...

Your Mortgage

February 9th, 2008

Find out about your mortgage options before you start looking. There's nothing more frustrating than falling in love with a home, only to find out you can’t afford it.

Pre-qualifying for a mortgage is the best way to find out how much you can afford. Your financial institution will look at your income, expenses and debt to determine how much they will lend you. Combine that amount ...