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Affordable real estate options – here is proof they exist!

General Angela Calla 17 Jul

Who says real estate isn’t affordable – even in the lower mainland??

There truly are affordable real estate options for British Columbians. Following are some great examples:

If you make $20 an hour working full time (approximately $40,000/year) and have accumulated approximately $10,000 for a down payment from your RRSPs, unused RESPs, Gift or Savings, and have a good credit score, homeownership is an option for you. The Angela Calla Mortgage Team will walk you through your budget to make sure it fits with your long-term criteria so you can take advantage of today’s buyers’ market. Great opportunities not only exist for first-time buyers, but also for real estate investments. Don’t forget our vacancy rate is below 2%!!

Below are several examples of properties you can own today for $200,000 or less. Contact us for your preapproval today: Remember that buyers’ markets are not endless, as interest rates will have to rise and the demand will get absorbed as people immigrate/migrate to our province (which happens at a fast rate in the lower mainland).

Vancouver (694 listings):

Burnaby (35 listings):

New Westminster (46 listings):

Port Coquitlam/Port Moody/Coquitlam (85 listings):

Pitt Meadows/Maple Ridge (91 listings):

Langley (114 listings):

Surrey/Cloverdale (285 listings):

Clearly, buyers have options. It’s all about the lifestyle you choose to lead and what commitment you’re willing to make to own your own home. There are a lot of listings above, so don’t feel overwhelmed. Let’s ensure you’re preapproved first, and then have a discussion about your needs and wants and consider all aspects of your budget to narrow down your choices. While we have shown you all the properties that are listed at $200,000 and below, not all of these properties are prime and fit within the recommended criteria for the most successful long-term investments. The availability of these listings can also change daily. If you would like to learn about your specific options start by contacting The Angela Calla Mortgage Team today!

Angela Calla, AMP
Mortgage Expert
Host of “The Mortgage Show” on CKNW AM980 Saturdays at 7pm

Phone: 604-802-3983
Fax: 604-939-8795

Facebook: Angela Calla Team, AMP Your Mortgage Expert T: @angelacalla
Toll Free: 1-888-806-8080
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