North Langley Real Estate News-Fort Langley, Walnut Grove & Willoughby

08/16/2023

https://conta.cc/3YGzejk

GLM Mortgage is celebrating homeownership success!       🎉📽️ Calling All Thrilled Homeowners! Share Your GLM Mortgage Story & Win! 🏡💬     Hey there, amazing homeowners of the GLM family! 🌟 We kno

06/21/2023

Sparkling Surprises Await! Get Ready for Our Monthly Platinum Club Draw!

Enter to Win a Platinum Club Gift Card! Win a Platinum Club Gift Card of your choice!   We are giving away 1 gift card valued at $50  to one lucky winner each month! All you have to do is: CLICK the

05/10/2023

08/11/2020

Folks, just going to leave this link here for you in case you need it 🙂 https://www.geoffleemortgage.com/economic-response-plan/

The above link is the list of resources and options available for COVID-19 help. We keep the links regularly updated. If you have questions, or need help with your mortgage payments this month, reach out to us...we are here to help 😄

08/11/2020

05/04/2020

As we move through this time and the pandemic there are several resources that are becoming available through the Federal and Provincial Government. It is a little difficult to keep track of them all!

We've done the work for you and kept all of the latest government programs/resources in one place for you. The graph features clickable links and information for you--we hope you find it useful :) and please, feel free to share this resource. We want to help as many people as possible!

Click here to view the full list of resources--> https://www.geoffleemortgage.com/economic-response-plan/

05/04/2020

It’s a halting realization to comprehend that just 6 short weeks ago, our economy was bustling and moving at a steady pace isn’t it? Due to the pandemic and in some cases, lock-down measures, there have been profound impacts on the economy as a whole.   One market that was impacted directly was...

05/04/2020

There are many different pieces to your personal finance picture. From credit cards to student loans, they all fit together to create a credit report that is unique to you and only you. With that in mind, a good mortgage broker should take time to find out about your goals—both long term and short term. They should ask you if:
1. This is a starter home or long-term home?
2. Are you planning on expanding your family (ex. having kids soon)?
3. Do you have kids who are heading off to university and may have tuition payments to make soon?
4. Do you have a parent who may need long-term care in the future?
Asking these questions and more can help you and your broker put together a mortgage that is right for you 👌

03/24/2020

If you find yourself in the position that you are to be self-isolated or quarantined and need help with your mortgage payments please reach out directly to your lender. Most lenders have options available to skip a payment or put a hold on a payment. It is imperative that you reach out to the lender and request this though. Each lender has different options and with how quickly COVID-19 is developing many lenders are updating their policies as well.

To help make it easier for you we have a list of our most common lenders below with a phone number to their customer service to get further details on their skip or hold a payment options.

• SCOTIA 1-800-472-6842
• TD 1-888-720-0075
• MANULIFE 1-800-567-9170
• RMG 1-866-809-5800
• MCAP 1-866-809-5800
• STREET CAPITAL (RFA) 1-877-416-7873
• FIRST NATIONAL 1-888-488-0794
• ENVISION FINANCIAL 1-888-597-6083
• PROSPERA 1-920-882-4800

If you don't see your lender listed below please reach out to us. We will help you and guide you in the right direction.

03/24/2020

If you are currently in the process of purchasing or selling a home, we have taken the liberty of gathering information surrounding real estate transactions during this COVID-19 situation.

Land Registry Offices Remaining Open – For Now
Currently, there are no plans to close the LROs. This may change, but currently, LROs may be working with reduced staff and will likely prioritize services required for closings (over-rides, pre-approvals, PIN corrections, etc.).

Banks Are Remaining Open – For Now
All of Canada’s major banks have indicated an intention to remain open. Similar to other businesses, the banks may be working with reduced staff or locations and there may be delays in processing requests.

Client Meetings
Due to the focus on self-isolation and preventing further spread of COVID-19, there may be issues with clients not being able to meet with lawyers/notaries – or vice versa. Remote meetings are still a great option during this time (both in real estate and for your mortgage professional) and can be held via phone or video conference with a plan to provide any sworn documents at a later date. If you do meet in-person, don’t shake hands, sit as far apart as possible and be sure to wash your hands after leaving any unfamiliar environments.

What does this mean for your closing?
If either the LRO or the banks close, then real estate transactions will not be able to proceed and you would need to seek extensions wherever possible. The good news is that everyone is in the same situation! The bad news is that there is no right in most re-sale agreements to insist on an extension, however, most people are understanding and you will have to rely on their goodness as well as common law principles to extend the transaction.

03/24/2020

These are uncertain times in the world right now with the COVID-19 Virus changing how we live our day to day lives. The impact is apparent within our communities and the response that people are having – the government is imposing new rules and regulations almost daily. This includes the mortgage ...