An experienced and successful realtor since 1994 Friendly, competent - never any pressure - service Specializing in listing and selling homes anywhere in the Lower Mainland, offering options on commissions and service The goal: To sell your home with the maximum exposure while you save big on commissions, preserving as much of your equity as possible

Selling more listings than 99% of realtors in the Fraser Valley Real Estate board See what others said about my service Keep more $$$ Save on commissions View our Listings Graph of the Strength of the Real Estate Market & Monthly Stats . USEFUL LINKS City of Surrey Municipality of Delta Surrey School District Surrey Public Library Weather in the Lower Mainland BC Ferries Small Claims Court

Financing Page . Mortgage Options   Closed Mortgage It is ideal for borrowers with low down payment who need to lock in their mortgage costs long-term.   ADVANTAGES DISADVANTAGES Long term security No flexibility Usually low rates Pre-payment penalty Has a fixed rate of interest for the term of the mortgage. It offers security, but no flexibility. It usually has a low interest rate. If it has to be pre-paid before the end of the term there is a penalty to be paid, usually three months interest. It allows, though, the borrower to pay 10% to 15% on the anniversary date without penalty. Common terms for closed mortgages are one to five-years but longer terms are also available at higher rates. . Open Mortgage It is ideal for borrowers who know they will be selling in the near future, or who anticipate an interest rate reduction. . ADVANTAGES DISADVANTAGES Flexibility High rates No pre-payment penalty Long term insecurity .  It allows the borrower to repay all, or part of the mortgage at any time without penalty, or switch to a closed type mortgage if rates drop. It offers flexibility, but no security. The rate is usually higher than that of the closed mortgage. Common terms for open mortgages are 6 months to one year. . Variable Rate Mortgage It is for borrowers that are risk takers. While the savings can be substantial if rates drop, upward movement of rates could prove to be quite costly. The rate fluctuates and is directly linked to the Bank of Canada rate. . ADVANTAGES DISADVANTAGES Low rate Long term insecurity Flexibility . It offers the lowest interest rate available.  Variable rate mortgages offer short term gain, but long term uncertainty. There is flexibility, as some lenders will allow the borrower to lock in at some time in the future if the borrower feels that rates are going to go up. Common terms for variable rate mortgages are 6 months to one year. Monthly payments are fixed just as in the closed and open mortgages, but as rates go down more of the money paid out goes to erase the principal. If rates go up more of the payment will be applied towards the interest and less on the principal. FIRST MORTGAGE . In most cases the only (or primary) financing required by the borrowers. Lenders usually offer their best interest rates on their first mortgage terms. . SECOND MORTGAGE Usually at a higher interest rate than the first mortgage. It is a subsequent loan that provides purchasers with additional funds if their first mortgage does not meet their financial requirements. CONVERTIBLE MORTGAGE . Usually a short term mortgage (6 months or a year) which allows the borrowers to move from their current term to one of a longer duration, usually without penalty. However there may be some hidden costs. . ASSUMABLE MORTGAGE It can be transferred from the sellers to the buyers, usually with the consent and approval of the lender who has issued the mortgage. PORTABLE MORTGAGE . It can be taken by the sellers from their existing home to their new home, with the lender's consent and approval. Some portable mortgages contain fees to be paid upon completion. But, if rates are rising, a lower interest rate on an existing mortgage often offsets any fees that are to be paid. . EXPANDING MORTGAGE Also known as an "increase and blend" mortgage. It allows the borrower to take additional funds from the principal of his first mortgage at current interest rates, instead of having to pay off one mortgage and take a new, bigger mortgage at current rates.

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