Rainbow Realty (403)330-3039
Buying or Selling? Real estate is the greatest money making asset in the world. However, to achieve the most profitable transactions it is important that you enlist the help of those with the right knowledge and experience to help you achieve the best results.
Lethbridge Real Estate Robert May is the Broker and Owner of Rainbow Realty. He is also a licensed mortgage expert with Verico Canada First Mortgage and has been actively involved in the Lethbridge real estate industry for over 17 years. In that time he has helped hundreds of families and investors with their real estate needs, and has helped to negotiate the sale of millions of dollars worth of Lethbridge real estate. In an industry that sees hundreds of people come and go, some things stay strong, stable, and the same.
This website is just one of many innovative tools that I use to help my clients maximize their profits on their real estate. Please feel free to contact Robert @ 403.330.3030 and let me show you modern real estate marketing at its finest. Email me: RobertMay@gmail.com |
If you live in Lethbridge and your mortgage is renewing in 2010, you best start getting prepared. There are a few surprises which could jump up at the last minute and delay your mortgage renewal, so it is best to get an early start.
One of the greatest surprises that a Lethbridge mortgage renewal might encounter is that the value of your home may have changed. For those real estate purchasers who purchased at the top of the market, or whom paid way too much for a property based upon the advice of an incompetant real estate advisor, they may discover that their property value may be equal to or even more than they owe on the property!
For the mortgage lenders, this is a big problem, and it scares them to think that you have little or no equity in the property.
Another surprise for some homeowners this year will be that a few of the banks which used to exist have now gone out of business. Depending upon if you used a smart mortgage broker and what sort of product they found you, there are going to be many homeowners who discover that their lender is either out of business or not willing to renew their mortgage. If this happens, you need professional mortgage help ASAP!
Then there are those who have a comfortable mortgage renewing at a stable lender. Nothing fancy, just a big old mortgage that they pay on time, everytime. Often these people just sign the renewal documents that arrive in the mail. This is a big mistake. The bank makes MILLIONS of dollars from mortgage renewals that simply sign the renewal documents. Imagine if you could call me and I could get your renewal at up to 1% lower interest rate! Not only could this save you hundres of dollars a month on your monthly payment, but it could also be used to pay yuor home off YEARS faster!
If you mortgage is coming up for renewal anytime in 2010, take 10 minutes and call me and see exactly how much money I can save you just by simply shopping your mortgage to a few of the banks and letting them compete for your business. Is 10 minutes worth $10,000 to you? Give me a call.
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