The writer is a Vancouver mortgage broker in BC. Mortgages with bad credit is a specialty. Mortgage lenders use mortgage brokers to place business with clients.
As an investor who is in the business of flipping properties, you are not interested in carrying your inventory any longer than necessary. That means you should carefully study your area to determine which vicinities are selling with the fewest average number of days on the market. If you have lived in a particular area for a while, you are likely to already know which areas of town are hot and which are not. You do not have to rely solely on your intuition, however, as most real estate agents in your area will have access to the local Multiple Listing Service, or MLS.
They can provide you with objective data to support your analysis. Most real estate agents will gladly furnish this information to you free of charge. They are in the business of earning commissions by representing buyers and sellers, and to do this, they must also be able to provide information that will enable them to make a well informed decision. Sales agents know that if they can give you the facts you need that will support your decision to buy, it will bring them one step closer to earning a commission.
Vancouver mortgage insight is provided by Duncan Seward a registered Vancouver mortgage broker with TMG. He helps clients in North Vancouver, Surrey, Vancouver, Coquitlam, Maple Ridge, Burnaby and Langley with their mortgage questions. He is an expert in BC mortgage matters. You can check out regular mortgage updates at his blog page Vancouver Mortgage Rates.
