The writer is associated with TMG, a group of BC mortgage brokers Vancouver. We source mortgages through mortgage broker Vancouver lenders. BC mortgage lenders depend on TMG to provide them with high quality clients. In return, TMG provides excellent rates and excellent advise.
Almost all newspapers, large or small, carry a section in their classified advertising specifically for selling real estate. Many of these ads are placed by real estate agents and are designed to prompt you to call their office. Most homes listed for sale in the newspaper by agents are active listings and will typically be priced at full retail. You might notice some ads, however, that use keywords like “motivated seller” or “must sell, owner transferring.” These types of classified advertisements are worth following up on. Even if the home is no longer available or it does not meet your investment objectives, it can provide you with an opportunity to create a dialogue with a sales agent who might be able to find investment property that will meet your needs. The agent may even refer you to someone in his or her office who specializes in investment property (e.g., a dealer).
Many of the ads listed in the classified section are for sale by owners (FSBOs). Again, you will want to look for any keywords that may indicate the owner is anxious to sell or that the property may be offered at a price below retail. Some of these keywords include “handyman special,” “needs work,” or “as is.” You should be prepared to take the time to call on as many of these property owners as possible.
Duncan Seward is a Vancouver mortgage broker. Mortgage BC is the focus of his business. He is an expert in bad credit mortgage refinance applications. Poor credit loans need not be a concern to clients with a damaged credit history.