Richmond Real Estates

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• 40 years mortgage
• 5% down payment
• affordable housing program
• apartment for sale in Richmond
• CMHC mortgage
• Richmond condo or apartment

• First Time Home Buyer > Richmond Condos under $150,000

  First Time Home Buyer: Should You Buy Now Or Continue To Rent? With home prices easing over the past few months, there are now more choies for first time home buyers. Looking for an affordable condo or apartment will continue to be very challenging. A Read More... Posted Saturday, September 06, 2008 2:38 PM by James Wong | 0 Comments Filed under: first time home buyers, apartment for sale in Richmond, Richmond condo or apartment

• Is 40 years mortgage a debt trap?

  The danger in stretching a 25-year mortgage to the 40 year CMHC mortgage is that it will hurt home buyers who in the first place cannot afford to buy their own homes. The program is a two-edged sword . Yes, the lower monthly mortgage payment enable home Read More... Posted Sunday, May 25, 2008 11:59 AM by James Wong | 0 Comments Filed under: CMHC mortgage, 40 years mortgage, 5% down payment, affordable housing program, first time home buyers