RE/MAX and VERICO mortgage brokers say location and good financing are key to investment success
VANCOUVER, Sept. 27, 2013 /CNW/ - A special report compiled by the Canadian Real Estate Wealth Magazine has revealed the Top 100 Neighbourhoods for investment in Canada.
The Top 100 list includes both major cities and small town neighbourhoods.
"As this report clearly shows, investment opportunities abound across Canada, both in bigger cities and smaller towns," says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. "No longer are the big cities dominating the real estate investment landscape."
"Investing is complex and risky. Generalized statistics can misinform the novice. That is why it is important for investors to use professional mortgage brokers and realtors," says John Kelly, COO of VERICO Canada, a national network of over 2400 mortgage brokers.
"This is particularly true in towns with a smaller and less diverse economy, employment base, and rental market. A mortgage specialist with access to both national and local lenders as well as traditional and private financing sources is essential to make the investment perform," Kelly adds.
SOURCE Verico Financial Group Inc.For further information:
604-681-6155 ext 230