Hello Vancouverites and all,

Recently,I,along with my family, visited Vancouver from US to kick in my PR status.My family liked the place and we decided to settle in Vancouver.Now I am back in US but planning to move permanently to Vancouver by the end of this year.

Currently I have a temporary address in East 41st street in Vancouver.I am an IT pro.and in search of a good job related to my skillset in Vancouver only.

Meanwhile,I am planning to buy a single family home with a builtin area of approximately 1800 sft in Vancouverand its vicinity.The areas I am interested are Bournaby,North Vancouver or West Vanc. as I was told theese cities have safe and peaceful nieghborhoods and also with good transportation facilities.

Could any one on this forum through some light about how much a single family home will cost in these areas and how it works out and
what would be the initial down payment.
Are there any other peaceful areas worth considering for a good living.

I do not have credit history at all in Canada as I am a new immigrant
but I have a good credit history in US.I do not own a house in US.

Please guide.

Your inputs ´ll be greatly appreciated.


Thanks.

MS.

Go through
http://www.mls.ca/map.aspx?AreaID=1048

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HOPE

I suggest youwalk in to a bank and ask for a mortgage representative

You could also walk upto a few Mortgage consultants after checking their names from the yellow pages ( better to get a few references from friends and acquaintances). You do not need to sign any papers.

Initial consultation is always free. The question you have posed is a complx one withought a straight answer as every financial instituition has policies to extend services suitable to a client depending upon the client's background. Only a face to face meeting in such a case is going to satisfy your step in the right direction.

Buying a home should be a very prudent exercise so make sure you get all the information - there are professionals available in every field.
Good luck

Quote:

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Orginally posted by maplestar

Hello Vancouverites and all,

Recently,I,along with my family, visited Vancouver from US to kick in my PR status.My family liked the place and we decided to settle in Vancouver.Now I am back in US but planning to move permanently to Vancouver by the end of this year.

Currently I have a temporary address in East 41st street in Vancouver.I am an IT pro.and in search of a good job related to my skillset in Vancouver only.

Meanwhile,I am planning to buy a single family home with a builtin area of approximately 1800 sft in Vancouverand its vicinity.The areas I am interested are Bournaby,North Vancouver or West Vanc. as I was told theese cities have safe and peaceful nieghborhoods and also with good transportation facilities.

Could any one on this forum through some light about how much a single family home will cost in these areas and how it works out and
what would be the initial down payment.
Are there any other peaceful areas worth considering for a good living.

I do not have credit history at all in Canada as I am a new immigrant
but I have a good credit history in US.I do not own a house in US.

Please guide.

Your inputs ´ll be greatly appreciated.


Thanks.



MS.

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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada