Doug & Shae Webber...Cowichan Real Estate

March 2010 - Posts

• Changes to Mortgage Rules and What Self-Employed Buyers Need to Know

  Do the new mortgage rules affect the self-employed individual? Yes. It is going to be more difficult to obtain a mortgage as the CMHC insured mortgages will require further proof of income. If you are self employed and thinking about buying, think about Read More... Posted Saturday, March 20, 2010 7:36 PM by Doug & Shae Webber | 0 Comments Filed under: Finances, Buyer Information

• Major Change To Investment Real Estate - Looking To Buy? This Is A Must Read!

  Individuals looking to purchase real estate as an investment (ie: rental property), there is a MAJOR change you must know about. The new Federal changes made to mortgages include a change to your required down payment. Effective APRIL 19, you must have Read More... Posted Friday, March 19, 2010 11:50 AM by Doug & Shae Webber | 0 Comments

• New Mortgage Rules For Home Purchasers ~ Important To Know

  If you are considering purchasing real estate, you need to know about the mortgage changes coming in to effect on April 19th. Your purchasing power may be affected by as much as $100,000!! Here's an example: Mrs. Buyer has an annual income of $54,000 Read More... Posted Friday, March 19, 2010 8:43 AM by Doug & Shae Webber | 0 Comments