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Can you afford a one bedroom apartment/condo?

By
Real Estate Technology with Privilege Digital Media

Richmond, British Columbia, Canada - Can you afford a one bedroom apartment/condo?


In this day and age when the real estate market offers more inventories, the renters or
first-time buyers could see the upside aspect of this current trend.


If you're a couple, or perhaps single, and currently renting, have you thought
about how much can you qualify for, if you try and go through a process of
mortgage  pre-qualification?


Do you know if you qualify for a mortgage?

Many people may be interested to own a home. However, there may be some factors
to look into. These are total income to support a mortgage, credit history, not to
mention assets and liabilities or debts.

If you need to learn more about mortgages, please visit: www.iclickmortgage.com

 

Posted by

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Sheila Atienza, 

Published Book Author

  • How to Prepare to Own a Home in Canada: Recession-proof Lifestyle for Immigrants and First-time Buyers 
  • Canadian Home Financing Simplified: How to Qualify as a Real Estate Buyer 

 Sheila Atienza is a published author, and former Realtor and Mortgage Broker who serves in the communities of Richmond, such as, Terra Nova, Sea Island, Bridgeport, West Cambie, East Cambie, Riverdale, Quilchena, Granville, Seafair, Boyd Park, Steveston Village, Steveston North, Steveston South, Westwind, Woodwards, Broadmoor, Garden City, Saunders, South Arm, Brighouse, Brighouse South, Mclennan North, Gilmore, Mclennan, East Richmond, McNair, Ironwood, Hamilton. Sheila has been helping immigrants, first time buyers and investors through her printed books and online publications.

 

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Comments(1)

Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I think many young people are realizing that once they get out of college it is much better to buy a one bedroom / one bath condo than it is to rent and in 10 years their bank accounts will thank them also! (14-8)

Thank you for your two years of Activerain contributions, they are appreciated.

Todd Clark, Helping Families Home - www.IFoundYourNewHome.com

Dec 10, 2008 02:13 AM