16 Jan Difficulty Selling Because Your Mortgage Is Higher Than The Value?
Are You Facing Negative Equity? We Can Help.
Written by: Kristen White
Your equity is the difference between what your property is worth on the market and what amount you still owe on your mortgage. For example: If your property has a mortgage balance of $450,000.00 and the value of your property is $400,000.00, you would have negative equity of $50,000.00.
Negative equity is a very common problem in today’s challenging real estate market. We specialize in purchasing properties on terms that have a higher mortgage balance than the property value.
We buy houses, townhomes, condos, development projects and multi-family projects that are any price, any condition and any location in Vancouver, Fraser Valley, North Shore and Squamish.