BC-based Author Launches a New site on Books

Canadian BC-based author and dual licensed real estate professional, Sheila Atienza launches a new web site on books in which she personally has written for Canadian Publisher, Privilege Solutions Integrated.

Her line of books in the following categories will be featured in http://books.SheilaAtienza.com:

Real Estate/Personal Finance



Please check out: http://books.SheilaAtienza.com

November 21 ’08 05:35PM  |  Sheila Atienza, Richmond BC REALTOR and Mortgage Broker

Richmond British Columbia, Canada – How Affordable to Own a Richmond Terra Nova Townhouse Unit?

In order to have a sample calculation of how much can a home buyer  afford a unit in this admirable Richmond Terra Nova neighbourhood, let us take for example a particular townhouse unit that is selling below 470K, which was recently featured in this blog site.

If a property is being purchased at a price of $469,800 by qualified mortgage borrowers,  and the buyers have savings equivalent to five percent (5%) of this amount ( which in this case would at least be $23,500), then the loan amounting to 95% of the purchase price will have to be advanced by a lender approving of a mortgage sought by the borrowers.
In this case, the qualified mortgage applicants or buyers are looking at paying an approximate monthly amortization of $2,400+ (based on approved credit, with 35-year amortization period), at an estimated interest rate of 5.34%.

Somehow, if you are a renter in this Richmond area, you may be looking at the same, if not almost close to the monthly amount for rental payment for a home that fits a medium-size family.

So, if one has financial resources, with track record of good credit and stable income that can service the mortgage payments for a property, then home ownership may be calling you now.

As home buyers or mortgage borrowers may have different financial profile, It is best to look at your financial options and find an opportunity in this home buyers’ market. Please call 778-896-4493 to find out what options may be available for you.

TAGS: richmond bc homebuyers, richmond bc mortgage, richmond bc townhouse, richmond mortgage broker, 5 down mortgage, terra nova real estate

The Terra Nova Neighbourhood in Richmond BC
When one is looking at home ownership possibility, location is apparently the very very first thing to look at. “What kind of environment does it have?” is a usual question and a great factor to consider.

As several properties in the Terra Nova area are available in the current market, it is very timely to feature the neighbourhood so people may have a better idea of what this popular Richmond area promises.

If one has to describe this enchanting neighbourhood, one can’t help but mention that Terra Nova indeed is a place for nature lovers.

The setting is unique in such a way that one enjoys the beauty and view of mountains, river and wildlife while strolling along the west side dyke. Travellers do enjoy the adventure either through walking or biking.

The location is a plus as it is just across from the airport area.

Art and photography lovers can certainly grasp a good view of migrating birds or some other
interesting subject that may be experienced by going to this Richmond Park.



TAGS: terra nova realtor, terra nova real estate, terra nova townhouse, terra nova shopping, richmond terra nova, richmond bc homebuyers, nature

Great Terra Nova Townhouse Unit Ideal for Family

Great Terra Nova Townhome Unit ideal for family!

Here’s a Terra Nova Townhome Unit that offers great features and benefits. 

For a family that’s looking for a property that is located near school, transportation,
shops and various social services, this unit might be something you might be waiting for.

In addition to proximity and access to convenience, the unit certainly boasts of quality
and style. The property has new carpet, laminate flooring,  moulding, kitchen tiles; and
4th bedroom could be an office or rec/hobby room. The unit has also front yard with garden.

This unit may be viewed on Saturday or Sunday between 1:30-3:00pm.
You may also call 778-896-4493 for other details.

TAGS: richmond bc townhome, terra nova townhouse, terra nova shopping, richmond bc homebuyers, richmond bc realtor, terra nova realtor, terra nova

Richmond Terra Nova TownHomes

There about sixteen (16) units in the Richmond Terra Nova neigbourhood actively listed as of today in the Multiple Listing Service (MLS).

This shows that home buyers who are from Richmond  or even those who come from the neighbouring cities can now have the opportunity to look into that option of owning a piece of property in a setting that
reflects nature and admirable community.

Home owners in the Terra Nova neighbourhood do enjoy access to easy shopping in the Terra
Nova Shopping Mall, Save-on-Foods, Starbucks, and other retail stores, banking and health
services located in No. 1 Road and Westminster Highway; not to mention a short walk to dining
and fitness facilities.

If you would like to view the units available in the area of Terra Nova, please call 778-896-4493 to arrange a viewing schedule.

TAGS: richmond townhouse, terra nova, richmond bc realtor, richmond bc homes, richmond bc townhome, terra nova townhouse, terra nova shopping, mls

Richmond, British Columbia, Canada – If one is seriously looking at various investment options, one can’t help but notice that anywhere you park your money you are likely to get affected by how things are going these days. How do you ensure that you would still be in a better position?

What if you have exhausted the idea of investing in a real property locally, where market continues to slow down and all that? Somehow, isn’t it about time to widen one’s horizons and see what offshore investing could mean for one?

Remember, your goal is to find the means to grow your hard-earned money whether you got through your business or employment.

I guess looking at investment possibilities at a country you are familiar with, or where you may have come from, prior to migrating to your current residence is a good place to start. Filipino-Canadians for example have good options in looking at real estate investments as Condo prices there may range from as low as CAD 25K and up.

Real estate investment decisions are subjective and depends on their resources as well. Leverage through home equity could be a good source if one has substantial amount and can be serviced through their incoming cash.

One can learn various real estate investment opportunities by visiting: http://iclickproperty.com


Richmond BC, Canada- Prospective borrowers and homebuyers who have had or likely to go through credit problems are often faced by a question on the impact of public record such as debt consolidation/counselling or bankruptcy when applying for a mortgage.

Generally, record such as bankruptcy as well as debt consolidation/consumer proposal will likely stay in the credit report for a long period of time. In Canada for example, record appears up to 7 years for bankcruptcy. Lenders or banks look at the borrower’s profile based on re-established credit (after the bankruptcy or after one had concluded a consumer proposal).

A mortgage broker can look at an application and give advice on client’s particular situation prior to sending it to lender or bank.

Down payment certainly can help. How much downpayment you are able and willing to put up also counts (let’s say 5% , 10% or 20%) and depending on the type and value of property you are buying, the amount may be substantial.

In addition, credit scores of applicant will have to satisfy lending requirement.

Applicants who have may have some credit problems ideally try to come up with at least 20% down in addition to acceptable credit scores.

To learn more information about getting a mortgage in Canada, please visit: http://mortgage.iclickproperty.com or http://imambo.com/clnt/dominion/sheila/plyr/

Richmond, British Columbia, Canada – A usual question of a prospective homebuyer is whether it is a good time for him or her to finally buy a home, or perhaps, wait for a little while, until he or she feels that the market is totally down. In this way, the homebuyer thinks he or she can speculate and avail of a much lower property price.

Hence, the wait-and-see attitude is evident. Thus, resorting to renting backed by his or her own reasons is what he or she is likely to act upon.

Renting is probably something other people prefer than owning. Who could argue that?

However while in the period of waiting, a renter still pays his or her rent. The amount in the long run could be quite substantial. Let’s say you pay for your monthly housing rental for eight hundred dollars ($800.00). In twelve months, you actually had accumulated an amount of nine thousand six hundred dollars ($9,600). This amount goes to your landlord (who may be holding a mortgage on the property you are renting and pays the mortgage to the lender).

When you convert your rental payments into mortgage payments, the amount that you pay for your own property  goes directly to your lender. You will be in a better position because as time goes by, the property that you now own can let you enjoy leverage as you build equity. 

If you are currently renting and would like to see if home buying could be a good option for you, you may browse through www.iclickproperty.com or call me at 778-896-4493

Richmond, British Columbia, Canada – Thinking about your Mortgage???

Is your mortgage up for renewal?
Do you need to access funds through your home equity?
Do you want to grow your investments?
Do you need cash flow for your business?

When you have a mortgage, the responsibility to look at your mortgage in every aspect of it is something that you will have consider prior to deciding on your next step.

You will have to look at the following questions and see if you are quite ready to deal on your mortgage: 

What interest rate was offered to you by your bank? Do you need to shop for rates? Is there an effect to your credit scores when you do the shopping yourself? Are you comfortable with your bank officer? Do you know what questions to ask? Do you know exactly what mortgage products are are available from your bank? Were you offered these products?

How do you know when you are actually getting a good deal, if not the best deal around?

Consulting to learn more about your options is always recommended. A mortgage broker can help you, as they work for you and not the bank or lender. Mortgage broker doesn’t charge you fees. The bank or lender pays the mortgage broker for helping you meet your needs. Fees are only charged on situations that require a challenging solution. If you need to inquire about mortgage, please visit: http://www.iclickmortgage.com

Richmond, British Columbia, Canada – If you are in a scenario where you have savings in the bank that lets you earn somewhere between two to three percent return, would you be content or satisfied with the rate of return?

I guess, you may start to contemplate where will you move your money into so you can get better return. Hence, some may be tempted to look at the stock market. Unfortunately the ups and downs of the stock market industry presents volatility. That’s a fact. How vulnerable could you be with your money?

It seems that anywhere you go these days, you are likely to get hurt with your money, no matter how big or little you’ve got. You still want to be in a better position.

Investing in a real property where it lets you earn rental income, leverage through home equity or speculate and trade could be another option.

I think it is always best to look at your current position. Make an assessment of your assets and liabilities. In this way, you know how well you are doing. Your objective is simply to find the means to grow the money that you’ve earned hard through your business or employment. You just can’t simply let go of it by not doing the best evaluation you could do to your current situation.