An interesting article below showing that 59% of retirees in BC are carrying some form of debt, and of those carrying debt, 52% of them said it stayed the same or increased over the past year.
The reality is that much of this generation is not financially prepared to live to 90 years old, and many are spending their pension income still trying to juggle debt payments.
Selling their home and down sizing is a realty now for these people. But if they are dead set against moving you may want to present an alternative solution so they can stay in their homes a little longer with the Canadian 1st Realty CHIP Mortgage Product in Maple Ridge!
Realtors earn referral POINTS from Canadian 1st and you obviously solidify a client relationship for referrals in the future – A gift of a continued home ownership may be what the doctor ordered for you 55 year + clients who don’t want to sell but don’t know what to do.
No matter what their age (as long as 55 years old minimum), CHIP is a great solution for many senior homeowners to pay off their debt and free up that money to live a better retirement. If they have equity in their home, don’t want to move, and have a need for more money, CHIP is the only mortgage in Canada that gives them access to their equity with NO credit check, NO income qualification, and NO payments required on the money they borrow for as long as 1 applicant lives in the home. Whose life can you change today?!
Simply refer to me by giving me their basic info, I’ll walk them through the process, and we’ll pay you 65bps for the referral. It’s a great way to add another revenue stream to your business, without taking too much of your time.
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O 604 466 5077
F 877 826 2621
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Maple Ridge BC V2X 5Y1
1 - 32540 Logan Ave
Mission BC V2V 6G3
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