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Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

Blog by Ian Watt

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Mortgage Penalties When Selling Your Vancouver Condo

Vancouver Condo Real Estate Video Blog #587 - August 10, 2010

 

Mortgage Penalties When Selling Your Vancouver Condo

 

Ian Watt video blogs about how many banks will have hidden mortgage penalties when selling your condo before the 5 year term is due. Ian Watt reminds you check with your bank or credit union before listing your Vancouver condo for sale. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

 

Ian Watt: Hi, Good afternoon! It's Ian Watt in Downtown Vancouver. I've blogged about this before but it's very important that you remember. When you sell your place check with your bank first. There are mortgage penalties that you wouldn't believe and it's not like a thousand dollars. We're talking about fifteen twenty thousand dollars for mortgage penalties. Make sure you look into this before you list up your property for sale. My name is Ian Watt. If you have any questions. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!