The Sayward is comprised of some 150,000 hectares of forest land located on the east coast of Vancouver Island, northwest of Campbell River. Mountains encircle the forest on the north, east and west, and rivers and streams connect the many lakes that dot the region. The Sayward forest is a popular recreation area.
You can't get too old to buy a house. I'm 70 and owning a home is just as important to me now as it ever was. I enjoy getting out in my own yard and playing with the dog or the goat if I had one or planting a garden. The main thing is on my own place I can have what ever I want.
A reader asks: Can we still get a loan to buy a home after giving the bank a deed-in-lieu of foreclosure? I'm confused on the wait time. I would like to take advantage of today's market, but my bank said that I have to wait 3 years. And I have talked to different mortgage brokers, and one says this and one says that. Can you help us out? How soon can we buy a home again after a foreclosure? Answer: Excellent timing on that question regarding the waiting period to buy a home after losing your existing home. Your timing is good because the waiting periods for conventional loans-- the seasoning between the time the foreclosure was completed and when a buyer purchases another home -- has changed.