Northwest REI

Northwest REI Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Northwest REI, Real Estate, 1090 Homer Street, Suite 300, Vancouver, BC.

08/25/2026

$794 more every month.

A Surrey homeowner opened their mortgage renewal and asked one question:

“Do we still keep the house?”

Nothing dramatic had happened.

They had not missed payments.

They had not suddenly taken on a bunch of new debt.

The mortgage was simply renewing at a much higher rate than the one they had been used to.

With about $750,000 left on the mortgage, the new payment was roughly $800 more each month.

That is almost $9,600 more every year.

And that was before groceries, insurance, property taxes, repairs and everything else that had already become more expensive.

For a while, they kept telling themselves they would just make it work.

Then the conversation changed.

It was no longer:

“Can we afford the new payment?”

It became:

“Does keeping this house still make sense for us?”

That is a very different question.

For some homeowners, the answer is yes.

For others, it is worth understanding what selling privately could look like before taking on another mortgage term that already feels uncomfortable.

A private sale can mean selling as-is, avoiding public showings and choosing a timeline that works better for the homeowner’s situation.

If a mortgage renewal is making you rethink what comes next, reach out. We can show you what a private sale could realistically look like, including the numbers and timing, so you have something real to compare before making a decision.

08/25/2026

We’ve already missed two mortgage payments. Does that mean we’ve waited too long to sell?

Not necessarily.

Missing mortgage payments is serious, but it does not automatically mean you've lost control of what happens next.

If you're behind, contact your lender as soon as possible and find out exactly where things stand. The further the situation progresses, the more important timing can become.

If keeping the home is no longer realistic, selling may be one option to consider. And if you don't have the time, money or energy to prepare the property for a traditional listing, there may be another way.

Northwest REI works directly with BC homeowners who need a private solution. Depending on the situation, we may be able to purchase the property as is, without public showings, with a closing timeline that works with the urgency you're facing.

Already behind and need to know what options you still have? Send us the word OPTIONS.

Tell us what's happening and we'll explain what Northwest REI may be able to offer. Knowing your options now can be very different from waiting until someone else controls the timeline.

08/22/2026

What if selling makes financial sense, but you're not ready to leave your home right away?

For some BC homeowners, needing to sell and being ready to move are two very different things.

Maybe your mortgage payments are becoming difficult to carry. Maybe your renewal is approaching. Or maybe you know selling would relieve the financial pressure, but you need more time to find somewhere else to live.

A traditional sale timeline may not fit that situation.

Depending on the property and circumstances, Northwest REI may be able to offer a private sale with a flexible closing date or a negotiated rent back arrangement that allows you to sell and remain in the home temporarily.

That can give you time to plan what comes next instead of feeling like everything has to happen at once.

Need to sell but need more time before you move? Send us the word STAY.

Tell us what's going on and we'll explain what a private sale with Northwest REI could look like for your situation. You can see the options, look at the numbers and decide whether it makes sense for you.

08/22/2026

Three siblings. One Surrey house.

Almost $4,800 a month in mortgage, taxes and other carrying costs.

None of them wants to keep it. So why is the house still costing them money?

They inherited the property after a parent passed away.

At first, nobody wanted to rush into a decision.

Then a few months went by.

The mortgage kept coming out.

So did the property taxes, insurance, utilities and basic maintenance.

The house also needed work, and nobody wanted to be the one putting tens of thousands of dollars into renovations just to get it ready to sell.

One sibling wanted to deal with it now.

Another thought they should wait.

The third just wanted the whole thing settled.

Meanwhile, every month they waited meant another month of expenses coming out of the estate or their own pockets.

That is when an inherited home can start feeling less like an asset and more like a responsibility.

For families who do not want to renovate, clean everything out or go through months of preparation, a private as-is sale can be another option to consider.

The home can be looked at in its current condition, the family can understand the number and timeline upfront, and everyone has something concrete to discuss before deciding what happens next.

If an inherited property is costing your family money every month and nobody is sure what to do with it, reach out. We can show you what a private, as-is sale could look like so your family can decide whether it makes sense to keep carrying the property or finally move forward.

08/21/2026

A Fraser Valley condo owner just got hit with a $38,000 special assessment.

Their mortgage renews in 60 days.

Which problem do you deal with first?

They had already been bracing for a higher mortgage payment.

Then the notice from the strata arrived.

Another $38,000.

Suddenly, keeping the condo was not just about whether they could handle the renewal.

It was about whether they wanted to put even more money into a property that was already stretching the monthly budget.

They looked at refinancing.

They looked at using savings.

They even considered borrowing the money and dealing with it later.

But every option seemed to solve one problem by creating another.

That is usually when the bigger question comes up:

“Does keeping this property still make sense?”

For some homeowners, it does.

For others, it is worth finding out what selling privately and as-is could look like before taking on more debt or draining savings.

A private sale can offer a clear number, a clear timeline and the ability to avoid the usual preparation and public showings.

If a special assessment, mortgage renewal or both are making you question whether you still want to carry the property, reach out. We can show you what a private sale could realistically look like, including the number and timing, so you can compare it before putting more money into the home.

08/21/2026

Should I sell my BC home before my mortgage renews?

Not necessarily. But if you're already worried about what the new payment will look like, it's a decision worth looking at before the renewal date arrives.

Start with the numbers. What will your new payment be? Can you comfortably carry it along with property taxes, insurance and your other monthly expenses? And if you renew now but decide to sell shortly afterward, what could it cost to get out of the new mortgage?

For some homeowners, renewing and staying makes sense. For others, selling before taking on a payment they already know will be difficult to manage may provide a way forward.

And selling doesn't always have to mean preparing the house for the market, scheduling showings and waiting for a buyer.

Northwest REI works directly with BC homeowners looking for a private solution. Depending on the property and situation, that can include selling as is, choosing a flexible closing date or exploring a sell and rent back arrangement if you need more time before moving.

If your renewal is approaching and you're wondering whether selling now could put you in a better position, reach out and tell us what's going on. We can look at your situation, explain the solutions Northwest REI can offer and give you the information you need to decide what makes sense for you.

08/20/2026

A Vancouver couple separated 9 months ago.

They’re still paying $5,400 a month for a house neither of them wants.

Every month they wait costs another $5,400. So what’s keeping them stuck?

The separation itself was already hard enough.

But the house became the one thing they still couldn’t agree on.

One wanted to sell and move on.

The other worried they would regret selling too quickly or accepting less than they should.

So nothing happened.

Meanwhile, the mortgage kept coming out every month.

So did the property taxes, insurance and maintenance.

Nine months later, they were still financially tied together by a home neither person actually wanted to keep.

And that is where the pressure really starts to build.

Because waiting can feel easier than making a difficult decision, but carrying a property month after month can become expensive very quickly.

For some homeowners in this situation, it can be worth comparing what a private sale would look like.

That may mean selling the home as-is, avoiding public showings, choosing a closing date that works for both sides and having a clear number to consider before deciding what comes next.

Sometimes the hardest part is not selling the house.

It is getting to a point where both people finally have enough information to make a decision.

If you and a former partner still own a home together and the property is keeping your finances tied up, reach out. We can show you what a private, as-is sale could look like, including the numbers and timing, so you have something real to consider instead of letting another month pass.

08/20/2026

A Metro Vancouver homeowner waited for prices to come back.

Their detached home is now worth 7% less.

How much longer can they afford to wait?

The benchmark price for a detached home fell to $1,822,900 in July, down 7% from last year.

For someone already struggling with a higher mortgage payment, repairs or monthly bills, another year of waiting may not feel possible.

A private sale can provide an as is option without public showings, with a closing date built around what the homeowner needs.

If holding onto the home is becoming harder every month, send us a message. You may have more options than you think.

08/18/2026

For some BC homeowners, mortgage renewal is not just a higher rate. It is the moment the household budget stops working.

Someone who locked in near 1.99% during the pandemic could now be renewing at roughly double that rate. Even after years of making payments, the monthly cost can still rise significantly.

If refinancing is unavailable and selling becomes necessary, a private sale may provide an as is option without public showings. A flexible closing or negotiated rent back may also provide more time to plan the next move.

If the numbers no longer work, understand your options before the next payment is due.

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1090 Homer Street, Suite 300
Vancouver, BC
V6B2W9

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