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: There is no wait to buy a property per se, as you can always pay with cash. However, if you need financing, the answer is it depends. If you walked away from your last home it could take as long as seven years for you to again be eligible for a new mortgage from Fannie Mae or Freddie Mac, but recent changes after the housing market meltdown may shorten that time considerably. Fannie Mae, Freddie Mac guidelines