12 WEDNESDAY May 11, 2016 • BurnabyNOW
ASK A MORTGAGE BROKER
Can I Buy a Home With No Down Payment?
The No Down Payment program which allowed borrowers to borrow 100% of the mortgage, no longer exists. The minimum down payment required is 5%. The 5% can HOWARD LOUIE Manager, Mortgage Broker come from a non-traditional source like secured line of credit, unsecured line of credit, credit cards, or a gift from an immediate family member. Properties eligible for this program are for owner occupied properties only. CMHC offers this program and it is called the FLEX DOWN Mortgage. There will be an insurance premium of 3.85% of the mortgage amount. This premium can be added onto the mortgage balance so you do not have to pay from out of pocket. If you’re interested, contact me and I can help ﬁnd a lender that meets your circumstances.
201-5050 Kingsway, Burnaby | 604-908-9783 | howardlouie.ca
ASK A REALTOR®
What are the risks of writing an offer without a subject to finance condition?
No doubt this feeding frenzy of a market calls for subject free offers in order to ‘win’ the Seller over. If you need a mortgage to complete on a purchase, but decide not to include a JENNY WUN PREC Associate Broker ﬁnancing condition upon submitting an offer, understand the risks that may arise upon completion: 1. The property may not appraise at the value of the purchase price thereby you, the buyer, will have to ﬁnance the difference or come up with additional down payment; 2. The property may have unique conditions such as the type of dwelling, limited zonings, or perhaps it was a former grow-op; 3. Your income has changed and now you require a co-signer. Call Jenny Wun at 604-961-3559 to discuss your options when presenting an offer on a property.
Call or email Jenny Wun at 604-961-3559 or firstname.lastname@example.org. Follow her on Twitter @JennyWun and on Facebook @ Jenny Wun Real Estate Marketing
ASK A PAF ADVISOR
What is the Dignity Memorial Affinity Benefit Program?
It is easy to join and receive special savings and beneﬁts for members of an Afﬁnity Group (Church, Club, Organization, Society and Business). • 10% savings for Funeral, Cremation and Cemetery Services and Merchandise VICTOR LEE • Free Personal Planning Guide to document PAF Manager your personal and arrangement details • Transferability of Prearrangements • Access to the Grief Management Library of brochures, video tapes and DVDs to support survivors • Bereavement Travel Program – trained and helpful assistance with airfare, hotels and car rentals • 100% Service Guarantee Eligible family members include spouse, children and their spouse, grandchildren and their spouses, parents of member and member’s spouse, grandparents and great grandparents of both member and member’s spouse. Phone Victor Lee, Manager, PAF Services at 604 838 8888 to learn more and to join (some restrictions apply).
Education, Expectations and goals, Follow up, adjustment counselling, and communication strategies. In summary simply purchasing hearing aids will not ensure improved communication, and it is important to remember that hearing aids are not a quick fix purchase. They are simply the tools that provide the amplification you need to become a better listener and communicator. If you are motivated to improve your communication by obtaining amplification, re-learning to listen and engaging in an active rehabilitation process, then your chances for improved communication are excellent. We are a second generation family owned and operating business proudly serving the lower mainland for 46 years. Your Hearing Is a Priceless Gift Don’t Take it for Granted.
ASK A HEARING PRACTITIONER What is holding you back from having your hearing tested?
Addressing your hearing loss speaks volumes, a few positive things treating hearing loss says about you. STUART LLOYD • You value relationships - People who Owner & Hearing use hearing aids are more likely to Instructor Practitioner have a strong social network. • You like to be active - Those who use hearing aids are more likely to meet up with friends and to exercise. • You love life - People who use hearing aids are more likely to be optimistic and feel engaged in life. • You’re a go-getter - People who use hearing aids are more likely to tackle problems. • You value your happiness - Those who use hearing aids get more pleasure from doing things and are less likely to feel down.
FOREST LAWN & OCEAN VIEW FUNERAL HOMES PRE-ARRANGEMENT FUNERAL SERVICES (PAF) 308-4980 Kingsway, Burnaby
#205-5066 Kingsway, Burnaby BC, V3H 2E7
ay is Speech and Hearing Awareness Month
I found that most clients are successful starting out with new hearing aids when they are informed of all the options that are available to them to help improve your communications. There is a common misconception that hearing aids are the “Cure All” for hearing loss. In reality, improving communication is a long term rehabilitative process, and the hearing aid and your hearing health provider are integral parts. Set realistic goals for yourself and know what to expect from your hearing aids and your health provider - To be successful, you must be committed, motivated and educated about your role in this process. Ensure that each of the following facets of the rehabilitation process are offered by your hearing health provided.
ASK A LIFE COACH
I’m having difficulty getting my life back in order. I’m trying to get organized and have tried multi-tasking. I’ve also created TO DO lists. Nothing seems to work. HELP!!!
First of all, don’t beat yourself up, you’re not alone. Do you realize that multi-tasking doesn’t work? Studies have proven that it actually takes longer when you multi-task. Our brains can only accomplish one similar task at a time and needs to refocus when we switch between tasks. In regards to your TO DO list, how long is it? I’m sure you feel overwhelmed. Create another list has 3 items and is manageable. This is what you focus on for the day. You also need to schedule it in your calendar. If it’s not scheduled, it’s not real. Contact me if you need more help with this or anywhere else you feel stuck.
Call or email Daniel Fung at 778-389-5188 or email@example.com. Follow him on Twitter @whatareuafearof and on Facebook @ What Are You A Fear Of?
ASK A PHARMACIST
With the sunny weather here, I’m thinking it’s a good time to get active – how do I start?
Some benefits of regular activity are better posture, improved self-esteem and Elaine & Miguel weight management, improved Your Pharmasave energy levels, increased strength, and Pharmacists reduced risk of heart disease. Adults should aim to get at least 150 minutes of moderate-to-vigorous activity weekly. Eating a low fat, high carbohydrate food like crackers, or low fat fruit yogurt about one hour before exercise will top up your body’s fuel supply for the activity. Water is also very important and part of a good exercise program. Hydrate yourself half an hour before exercise with a cup of water or diluted juice, during physical activity drink ½ to ¾ cup every 15 to 20 minutes. Within 30 minutes after exercising, drink plenty of water to replace fluids lost through sweat.
Pharmasave Greystone Village
#10-1601 Burnwood Drive,
ASK AN INVESTMENT ADVISOR
Do you know how much you pay your advisor yearly to protect and grow your nest egg?
Most Canadians don’t understand how their advisor is paid, or how much! Starting January 2017, you’ll receive a report showing both your account MATTHEW ARNEILL performance AND how much you paid your advisor to achieve those results. This will provide a clearer picture to determine if your investment results justiﬁes the expense. Our business is built on transparency and alignment with our clients, and we welcome these changes. If you would like to know how to lower your investment fees, contact me or sign up for our free newsletter at www.matthewarneill.com! National Bank Financial is an indirect wholly-owned subsidiary of National Bank of Canada. The National Bank of Canada is a public company listed on the Toronto Stock Exchange (NA:TSX). National Bank Financial is a member of the Canadian Investor Protection Fund (CIPF).
Matthew Arneill, B.Sc., CIM®
Investment Advisor and Portfolio Manager