We Takeover Mortgage Payments – Fraser Valley

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We Takeover Mortgage Payments in the Fraser Valley, BC

A seller who utilizes a take over mortgage payments in the Fraser Valley, BC Company benefits in many ways. You, the seller, are provided with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit until the Company pays off the mortgage.

Our Company, GVC Property Solutions Inc. (GVCPS), is a real estate investment Company that is headquartered in Vancouver, BC. We take over mortgage payments in the Fraser Valley, BC and the property associated with it. If you have been wondering “can someone take over my mortgage?”, our Company, GVCPS, can take over mortgages in the Fraser Valley, BC for any property type that includes; houses, duplexes, town homes, condos and multifamily residential projects that are any price, in any condition, any situation and in any location of the Fraser Valley, BC.

In a takeover mortgage payments contract in the Fraser Valley, BC, the two parties (the Seller and a Company), agree to the length of the term during which the mortgage payments are paid by the people who take over mortgage payments  in the Fraser Valley, BC as well as the terms of the sale including the purchase price.

People who take over mortgage payments in the Fraser Valley, BC are real estate investment Companies. These Companies are owned by professional real estate investors who take over mortgage payments in the Fraser Valley, BC that have decades of experience regardless of the seller’s situation and regardless of the real estate market conditions.

When Investors take over mortgage payments in the Fraser Valley, BC, there is a difference between assuming the mortgage and taking the property subject to the mortgage:

Assuming a Mortgage: If an investor wants to buy your house that has a mortgage, the mortgage lender may allow the investor to assume your mortgage. Simply stated, the lender replaces your name on the mortgage with the investor and the investor becomes legally responsible for making the monthly payments.

Subject to Mortgage: If an investor wants to buy your house subject to mortgage, the investor makes an agreement with you that the investor will make the mortgage payments.  In short, the existing financing that you have in place is taken over by the investor. This route is basically paying for the mortgage already in place through a written legal agreement with you.

Our Company provides flexible, pre-negotiated Terms that can give you the best value for your property and can provide you with more money with none of the hassles normally involved in selling.

In most cases, we take over the entire mortgage payment as well as all of your other monthly financial obligations regarding the property on your behalf that may include; property taxes, property insurance, monthly strata fees as well as any repair or maintenance costs.

When we buy houses on Terms through our Mortgage Take Over Program, you are provided with immediate monthly cash flow management solutions to unmanageable or unwanted mortgage payments along with protecting any equity you may have in the property and protecting your credit.

Our Company buys houses quickly with flexibility and convenience so you can move on from your situation with peace of mind. We know the real estate and mortgage industry and if you are facing one or more of the following difficulties, our Company can offer an immediate, professional and convenient solution:

  • Financial stress that requires an immediate sale of your property
  • You need relief from your mortgage or property situation for any reason
  • You have minimal equity but need to sell now
  • Your mortgage is higher than the property value
  • You need an immediate and flexible sale due to a job transfer or for any other reason
  • Your property has been listed with a Realtor for many months and hasn’t sold
  • You have a house that is too costly to maintain
  • You have a house that is too stressful to manage
  • You are tired of being a landlord and dealing with landlord tenant disputes, tenancy issues and tenant problems
  • You are having difficulty making your mortgage payments each month
  • You are making payments on two or more properties
  • You are facing PRE foreclosure
  • You want to avoid bankruptcy or a consumer proposal
  • You are an out of town owner and you don’t want to be a long distance landlord
  • Your property is in need of extensive repair that you do not have time or money for
  • You are divorcing and need to sell
  • Your listing has expired with your Realtor
  • You have a costly mortgage penalty but need to sell now
  • Your house is too big or too small and you need a convenient and flexible solution
  • Your strata property has Rental Restrictions and you are experiencing difficulty selling while paying mortgage payments on a vacant property
  • You prefer not to sell through a Realtor and be inconvenienced with Realtor showings
  • You are anxious to move to another property and do not want to list your property on MLS
  • You own your property free and clear and would like to acquire some of your equity now and the remainder of your equity at closing

If you are looking for a professional and experienced Real Estate Investment Company to buy your house, contact us, we buy houses and we also take over mortgage payments and the property associated with it in the Fraser Valley, BC. For more information, visit our website www.gvcps.ca or call us 604-812-3718. Sell your house fast in the Fraser Vallery, BC in the most beneficial manner for everyone involved with no real estate fees or commissions and no hassles.

We Buy Houses And Homes in the Fraser Valley, BC

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We Buy Houses And Homes in the Fraser Valley, BC

If you need to sell your house quickly in the Fraser Valley, BC. or if you have mortgage problems and require solutions, contact our Company, GVC Property Solutions Inc. (GVCPS). We are a well established Real Estate Investment Company and we buy houses and homes in the Fraser Valley, BC. We also take over mortgage payments and the property associated with it. Contact our office 604-812-3718 or visit us online www.gvcps.ca.

We are professional home investors that buy houses “as-is”. We buy houses and homes in the Fraser Valley, BC regardless of the condition of the property – whether the property requires extensive or minimal repair or is in move-in condition, we can buy it. We buy houses and homes in the Fraser Valley, BC that are any price and in any location.

Our Company is part of a large network of real estate professionals who specialize in creative and innovative techniques to purchase property from people who need relief from their mortgage or real estate situation for any reason but cannot sell or prefer not to sell through traditional methods. We buy houses and homes in the Fraser Valley, BC regardless of the property type; we buy houses, duplexes, townhomes, condos and multifamily development projects.

If you need to sell your house fast or if you are facing mortgage problems and require solutions; we buy houses and homes in the Fraser Valley BC utilizing the following criteria:

You Do Not Pay Any Real Estate Fees or Commissions:

Our Company does not charge any real estate fees or commissions when we buy houses, saving you thousands of dollars.

All Parties Benefit from the Transaction:

With 25 years of experience and an excellent track record, we have earned a reputation for fair dealing. Our Company offers a fair purchase price and terms that benefits all parties involved.

Experience and Financial Ability:

Along with decades of experience buying properties, we also use our own resources, enabling our Company to buy property quickly without having to rely on bank financing.

You Receive Immediate Solutions to Your Real Estate Problem:

Our Company is capable to buy your house for cash or take over your mortgage payments and house within a matter of days or we can close on another date in the future that is more convenient with your schedule.

Your Situation or the Current Real Estate Market Conditions Are Not A Factor:

We buy houses and homes in the Fraser Valley, BC regardless of your situation and regardless of the current market conditions. Market conditions can vary widely across the province and even across neighbourhoods. The demand for housing in a given locale may be influenced by any number of factors. Swings in the economy (both national and local), the availability of property (supply) and the nature of consumer trends can determine if a given neighbourhood is desirable or not, however, we buy houses and homes in the Fraser Valley, BC in any neighbourhood no matter what the current market conditions are.

We are professional real estate investors who buy houses and homes in the Fraser Valley, BC and we have extensive hands on experience solving; legal issues related to properties including title issues, taking over mortgage payments, probate problems, bankruptcy issues, pre-foreclosure and foreclosure and any other legal matters related to properties. Our Company also has extensive experience with creative and innovative mortgage financing and property repairs and renovations.

We understand the stress and hassles that you face when you are having mortgage payment problems, when you need to sell your house fast in the Fraser Valley, BC but cannot sell or prefer not to sell through traditional methods or when you just want out of your real estate situation for any reason.

We are one of the original Companies that buy houses quickly in the Fraser Valley, BC and you do not have to deal with the process of listing your house on MLS and be inconvenienced with realtor showings when we buy your house.

We buy houses and homes in the Fraser Valley, BC and provide Free consultation to discuss the different options that are available to your real estate situation. We are available 7 days per week including evenings until 9:00 pm. Call 604-812-3718 or email: info@gvcps.ca. You can also contact us 24 hours a day through our Confidential Sell to Us Form (click here).

 

Do You Require Help With a Modification of Mortgage?

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Are you struggling with your mortgage payments? Have you suffered an unexpected life event such as divorce, loss of your job, illness or a short-term or permanent disability that prevents you from working? Are you experiencing difficulty managing your household debt and struggling with your mortgage payments?

Our Company, GVC Property Solutions Inc. (GVCPS), is a real estate investment Company. We understand the stress and hassles that you face when you are experiencing unmanageable or unwanted mortgage payments, experiencing difficulty selling your property through traditional methods or when you just need relief from your property situation for any reason.

Our Company provides Free consultation services to people who are experiencing difficulty making their mortgage payments along with any other mortgage problems that you may be facing. With 25 years of experience, we have earned a reputation for helping people. Our job is to provide you with peace of mind and immediate financial relief regarding your mortgage and property situation.

If you are experiencing long-term financial difficulties and struggling with your mortgage payments and as a result, missing your mortgage payments, foreclosure will be inevitable. The stress of your financial situation may cause you to ignore your financial problem. Don’t. If you would like to get your mortgage payments back on track, protect any equity you have in the property along with protecting your credit, you may still have options with your mortgage lender with a modification of mortgage:

Modification of Mortgage

If you can’t pay your full mortgage payment indefinitely, your lender may agree to offer a modification of mortgage. Your lender may agree to adjust your monthly payments and the loan period to reflect changes in your financial situation. The interest rate may be modified from an adjustable rate to a fixed rate and penalties may be waived.

A modification of mortgage is a process where the terms of your mortgage are modified, or changed, to make the loan more affordable. The term of your loan may be extended, reducing the amount of principle that must be paid every month.

If your lender agrees to a modification of mortgage, your lender may write off some of the loan principle, reducing the total amount owed on the loan or your lender may allow you to pay outstanding mortgage payments in installments or your lender may defer some of your mortgage payments to a later date.

A modification of mortgage can be in your lender’s best interest, however, approval of a modification of mortgage can be difficult to obtain and it’s at your lender’s discretion to decide if they will allow a modification of mortgage or not.

A modification of mortgage can be temporary.  The result is that you, the borrower, are capable to keep up with your mortgage payments and your lender is able to avoid the expense of the foreclosure process and keep a performing asset on it’s books rather than a potential liability.

When financial circumstances impact your ability to make regular mortgage payments, it’s important that you address the issue immediately. With early intervention, cooperation and a well-executed plan, you can work together with one of our mortgage professionals at GVCPS to find a solution to your mortgage problems.

Our Company will help you regarding a modification of mortgage by providing you with proper advice and help you apply for a modification of mortgage according to your lender’s consideration.

It’s important that you contact your lender directly or our Company regarding looking into a modification of mortgage as soon as you are experiencing financial difficulty and begin missing your mortgage payments. Address any difficulties you are having with your mortgage payments immediately. Acting fast will help to keep your best options open to resolve your situation so you can keep your house, protect your equity, protect your credit and avoid foreclosure.

The principal purpose of a modification of mortgage is to provide your mortgage lender with sufficient documentation to evaluate the risk of modifying your mortgage. The main question your lender is trying to answer is:  can you afford to pay the new modified mortgage payment.

A modification of mortgage is granted by your mortgage lender. A modification of mortgage is an arrangement that reduces a mortgage borrower’s mortgage obligations during a time of financial difficulty. A modification of mortgage is intended to make it easier for the mortgage borrower to keep up with their mortgage payments and avoid losing their home, their equity and their credit rating to foreclosure.

We Can Help You With The Following Regarding a Modification of Mortgage:

  • Discuss a modification of mortgage with your lender by reducing your current mortgage rate.
  • Discuss a modification of mortgage with your lender to allow you to make up any outstanding mortgage payments over a period of time without incurring further penalties.
  • It’s easier to obtain a temporary modification of mortgage. Long-term modification of mortgage changes such as extending your mortgage loan term or writing off your mortgage principle are usually more difficult to be approved by your lender. We will discuss all of the short-term and long term modification of mortgage possibilities with your lender on your behalf.
  • Most mortgage lenders are more willing to grant a modification of mortgage if there is a reasonable expectation that you will be able to return to a normal mortgage payment schedule down the road. It’s more difficult to obtain long-term relief for a permanent change in your financial situation, however we can discuss all of the modification of mortgage possibilities with your lender on your behalf.

We provide Free consultation to discuss the different options that are available to your situation. We are available 7 days per week including evenings until 9:00 pm. Call 604-812-3718 or email: info@gvcps.ca.

Get Rid of Your Tenant Problems – Contact US

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Get Rid of Your Tenant Problems

Even though you carefully performed your due diligence screening your new tenants with their previous landlord references, their employment references and credit checks – as an experienced landlord or a new landlord, more often than not, you will experience tenant problems. If your new tenant who you thought would be the perfect tenant turns out to be a nightmare instead, are you wondering how to get rid of your tenant problems and how to evict a tenant quickly?

If you are a landlord and haven’t faced any tenant problems, you are one of the lucky few, however and unfortunately, every landlord, experienced or not, eventually experiences tenant problems. Non-payment of rent or continual late payment of rent, excessive noise – especially late at night and breach of your tenancy agreement are the most common tenant problems landlords experience.

If you are experiencing tenant problems that you need help with, contact our Company, GVC Property Solutions Inc. Our Company offers free consultation to your tenancy problems and we have over 25 years of experience in the eviction service industry and dealing with tenant problems. Contact us today with any concerns you have regarding your tenant problems 604-812-3718 or info@gvcps.ca.

Other tenant problems include: unreasonably dirty premises and having too many people living in one space. When tenant problems relates directly to non-payment of rent or continual late payment of rent, you have the option of following the eviction process. When problems shift into other areas, the process becomes more challenging.

Handling Tenant Problems

It is your responsibility as a landlord to ensure avoidable problems do not occur after a property is rented. Landlords have to ensure the rental property complies with the rules and regulations for health, safety, housing and maintenance, municipal property standards and zoning bylaws, fire safety regulations and building codes. If the rental property fails to meet these standards at any point during the tenancy, the landlord must make the necessary repairs.

On the other hand, when asking your tenant to clean up and make repairs to an exceptionally dirty or damaged rental property, a simple verbal or written request (or politely worded warning) might get results. For tenant problems that violate local by-laws, landlords often call the police. In these situations, a police warning or fine may convince offending tenants or neighbours to stop breaking any noise, parking or garbage by-laws.

If initial attempts to resolve your tenant problems fail, you may need to formalize your complaint through the Residential Tenancy Branch (RTB). When the communication between you and your tenant breaks down completely, proof and witnesses will be needed to demonstrate blame and establish compensation, if in order. For example, offended neighbours or other tenants might help you support claims against noisy tenants.

Tenant Problems – What to do When Tenants Don’t Pay Their Rent

When tenants fail to pay the rent, it is important to act quickly. When this happens, you can serve your tenant with an eviction notice. You can serve this notice as soon as the tenant’s rent is late. Click the link for more information: https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/residential-tenancies/flow-charts/pe1.pdf

The Residential Tenancy Act in BC provides that a landlord may end a tenancy where the tenant is repeatedly late paying rent. Three (3) late payments are the minimum number sufficient to justify an eviction notice under these provisions.

It does not matter whether the late payments were consecutive or whether one or more rent payments have been made on time between the late payments. However, if the late payments are far apart an arbitrator may determine that, in the circumstances, the tenant cannot be said to be “repeatedly” late. A landlord who fails to act in a timely manner after the most recent late rent payment may be determined by an arbitrator to have waived reliance on this provision.

Procedures and paperwork are extremely important when dealing with tenant problems that involve cases of rent non-payment. If you have a valid reason to terminate a tenancy but make a minor mistake in the paperwork, the Tribunal in BC may not uphold the action.

Further, your tenant can submit an application to the RTB if you don’t make repairs or improvements or fail to provide services as a condition of a rent increase. Your tenant may also apply for a rent reduction if municipal taxes have been lowered or if a building service or facility is reduced or removed and you do not reduce the rent.

Emergencies and Repairs

An emergency repair is required when something in the rental property has broken and the health or safety of your tenant is in danger or the building or property is at risk until repairs can be made. By law, as the landlord you should handle and pay for emergency repairs.

At the beginning of the tenancy it is a good idea to inform the tenant that it is their responsibility to purchase content insurance. This insurance will cover damage to your tenant’s belongings resulting from a problem in the property.

In some situations, if you are not available and repairs must be performed immediately to reduce personal risk or property damage, your tenant can authorize the repair work. Repairs can also be authorized by an order from the RTB.

Solve Your Tenant Problems

You can take action to solve your tenant problems and evict your tenant if the tenant has failed to pay the rent, has caused unreasonable damage, or has bothered you or another tenant. You may also evict your tenant if you or an immediate family member (parent, son or daughter of you or your spouse only) wants to move into the property, or if you sell the rental property and the new owner or the owner’s immediate family wants to move into the property.

If you have the necessary building permits, you can end a tenancy to carry out major renovations or demolish the property. The RTB takes eviction disputes very seriously and so you must make sure you have legal reason to end the tenancy. Tenants do have the right to dispute a Notice to End Tenancy by applying for dispute resolution if they suspect the notice is not permitted by the RTB.

If you have attempted to resolve your tenant problems and perhaps provide your tenant with a second chance, but your tenant still continues to breach your tenancy agreement or the Residential Tenancy Act then speak to a tenancy law specialist at our Company for suggestions and advice regarding your tenant problems and how to evict a tenant quickly. We offer free consultation and we will explain the eviction process to you and how you can evict a tenant quickly and legally. Contact us today 604-812-3718 or info@gvcps.ca.