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No Houses for Sale in Your Area?


There Are No Houses for Sale in My Area!

The BC Southern Interior has a major problem, and there’s no way to sugar-coat it. The four-season resort community is considered by most everyone as the BEST place to live in the entire province. Even worse, is that experts recently stated that our towns are now rated the best for real estate investment. This is all very devastating.

Wait, what?

Isn’t this all GOOD news? Sure, but when you consider the impact of being one of the most attractive places to buy a home in the country, you’ll find that there is one side effect that new buyers abhor – limited inventory of houses. This is the predicament that you find yourself in. It’s why you jumped online, and instead of asking a question, you literally typed “There are no houses for sale in my area” into your search bar (sans an exclamation so as to not anger Google).

Thankfully you did, because we feel your pain. In fact, your exact statement is what has brought other clients into our Main Street Penticton office over recent years.

We have the answer you’re looking for.

Will we magically make new construction houses appear out of thin air? Imagine that (super lucrative). Unfortunately we do not have the power to make that happen. What we do have, is the ability to immediately increase YOUR buying power. In doing so, you can afford a property that you didn’t think that you were able to. How is this possible? Let’s review!

How Carloni Mortgage Brokers Can Help New Buyers Find a Home Despite Seemingly Limited Inventory

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Mortgage for Young Professionals

Mortgage for Young Professionals in BC

Mortgage for Young Professionals Penticton Kelowna BC

Ahh, to be young again, especially if one is a “young professional”. There’s nary a better time in life than to be on the cusp of budding success in a field that you’re passionate about. Embrace it, and live in the now. That said, being a forward-thinker is what has made you a rising star in the first place. As such, you have real estate investment on the mind. While you may be an independent go-getter, it’s important to partner with a seasoned pro when it comes to getting a home loan. Below is a breakdown of why working with a mortgage broker will ensure success for your first real estate purchase.

Why Rising Young Executives Should Work with a Mortgage Broker to Buy Their First Home

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Mortgage Memes

Best Mortgage Memes for 2023

Best Mortgage Memes

The new year is here. Typically, Carloni Mortgage Brokers would begin the annum by adding to our growing resource of helpful articles with yet anther insightful piece on the importance of working with a broker. You may have been expecting a 650-word editorial or press release along with a graph exhibiting 5-year trends. We thought we have a little more fun this time, by sharing some of the best mortgage memes to set the tone for 2023 and beyond. We could all use some lighthearted perspective after our country’s leader tried to tell us that it’s going to be a tough year. We don’t agree with his assessment, or at least not for those who know where to turn to bolster their financial decisions.

Whether buying or investing in real estate this year, or you’re an existing homeowner, we hope you enjoy (and share) these mortgage memes below.

*Feel free to share our images below via linked attrabition back to this article.

Top 8 Memes that Explain Why Buyers and Homeowners Need to Contact Carloni Mortgage Brokers Today

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Christmas Mortgage

A Christmas Carol Lesson for Home Buyers

Christmas Mortgage Penticton BC

It’s that time of the year when cable and streaming services are teeming with Holiday favorites. Within the dramas and comedies is one story that in addition to traditional life lessons, offers important takeaways for people who have been thinking about buying their very first property. Is it Home Alone? Perhaps National Lampoon’s Christmas Vacation? Could it be Love Actually? Or is it one of the Hallmark Channel’s latest releases? While each of these include revelations that may be analogously applied to the home buying process, they don’t tackle the issue (and opportunity) quite like the ultimate classic – A Christmas Carol. Charles Dickens’ narrative with its three antagonizing specters function as a cautionary tale for anyone who sits on the fence about getting a mortgage. How? Let’s review!

How A Christmas Carol’s Ghosts of Past, Present, and Future Offer Valuable Lessons for Those Who Put Off Getting a Mortgage

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Black Friday Mortgage Deals

Black Friday Mortgage Deals and Rates 2022

Black Friday Mortgage Deals Rates 2022

Last year, 54 percent of Canadians participated in Black Friday promotions, which was up from 31 percent from the year before. That number is expected to be higher for 2022 as more of us are hopping on the USA’s annual shopping bandwagon. Most people are looking to score door-busters on fashions, electronics, and even vehicles. However, a number of BC Southern Interior households are wondering if there will be any Black Friday mortgage deals and rates on tap for this coming November 25th? There most certainly will be, even if in a roundabout way. What do we mean? Let’s find out!

How BC Southern Interior Home Buyers Can Score a Deal on Mortgage Rates this Black Friday of 2022

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Is Penticton Real Estate a Good Investment?

Is Penticton Real Estate a Good Investment?

There’s no denying that our neck of the Okanagan Valley is the best place to get a mortgage in BC from a quality of life perspective. For that reason alone households buy their dream home in our quintessential resort community. However, a number of you are on the hunt for a pure investment. You’re not as dazzled by the beautiful lakes, friendly faces, and four season livability factors. Instead, you’re primarily interested in investment prospects. Is Penticton really as idyllic as you’ve heard when it comes real estate investing? Absolutely. Below is a succinct breakdown of what you need to know.

3 Reasons Why Penticton Real Estate is One of the Smartest Investments You Can Make in 2023 and Beyond

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How to Get Help with the Mortgage Stress Test in 2022-23

How to do Mortgage Stress Test Penticton BC

Is it really that complicated?

You’ve been following Penticton area real estate news and have come to the conclusion that you can no longer afford to sit on the fence over buying your first home. Mortgage rates are rising with each passing Bank of Canada announcement, so by waiting you’ll only pay more to own one. That said, you’re nervous about reports regarding Canada’s mortgage stress test. Further, you’re not sure what it even is. Collectively this has made you uncertain about getting approved for a mortgage, even though you know you must get the ball rolling by doing the test right away. It’s either that or you’ll have to throw in with your folks (or other family member) to get approved – not exactly the path you wanted to take.

You’ve come to the right place. 

Instead of providing a standard DIY guide for how to do a mortgage stress test, we’re going to help you get it done. But first, here a practical look at exactly what Okanagan BC buyers need to know about passing the mortgage stress test for 2022-23.

What New Buyers in the Okanagan Need to Know About the 2022-23 Mortgage Stress Test and Where to Get Help to Pass It

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Should I Use Home Equity to Remodel?

You have been thinking about remodeling your home. However, you don’t currently have the disposable funds to do so without feeling a serious financial pinch in your day to day life. After doing some research (and asking around) you’ve realized that existing equity in your property can be the solution you need. That said, debt is debt, so you’re asking yourself, “Should I use home equity to remodel?”. Here’s what you should consider.

5 Things to Consider When Deciding Whether or Not to Leverage Equity in Your House to Renovate and Remodel

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Mortgage for Million Dollar Home

Getting a Mortgage for Million Dollar Home in the Okanagan

Mortgage for Million Dollar Home Penticton Okanagan Valley

Remember when a million dollars in the bank meant you could retire at an early age and live off of the interest? Us neither. Ask your parents. What was once touted as a lottery windfall has now been tempered by inflation. But in theoretical way that’s good news, seeing as you want to get a mortgage for a million dollar home. When you look at it that way, it’s far more attainable than it ever was. At press, the average price of a single family home in the Okanagan is now around $1,000,000 anyways. Still, you want to know what this all means as a new buyer who wants to buy a house in that price range. Let’s review.

What New Buyers Need to Know About Buying an Okanagan Home in the $1,000,000 Price Range

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How Old is Too Old to Buy a House

How Old is Too Old to Buy a House?

How Old is Too Old to Buy a House Penticton Kelowna BC

Were you not able to afford a home in your 20s, 30s, 40s, even 50s? Or did homeownership simply not suit your carefree lifestyle? Or did your profession have you bouncing around the country, continent, or world without a place to lay your proverbial hat? Whatever the case may be, you now find yourself ready to invest. But there’s a nagging question hanging overhead. How old is too old to buy a house? There’s no such thing. Although, that probably doesn’t adequately answer your query. Below is everything you need to know about entering the Okanagan area real estate in your “advanced” years.

6 Things You Need to Know When Interested in Buying a Home Later in Life

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