Invis - Richard Batke Mortgage Broker, Wilkins & Associates, Penticton BC - Richard's Blog

Complete listing of all condos for sale by Realtor. For mortgage Pre-Approval contact Richard Batke at 250-809-0285 or apply online at Invis - Wilkins & Associates Mortgage Brokers

Penticton is a geographically small community with a wide selection of condominiums for sale.

There are currently about 135 condos for sale in Penticton, so you will be sure to find one that suits all of your needs and more. Priced from $85 999 to $1.7 million, these condos for sale appeal to the broadest selection of home buyers!

Price: $85 999
Monthly Mortgage Payment:  $370*

* 5% down, 3.99% with a 5 year term, amortized over 35 years.  Incl. CMHC fee. OAC E&OE

Price:  $150 000
Monthly Mortgage Payment:  $650*

* 5% down, 3.99% with a 5 year term, amortized over 35 years.  Incl. CMHC fee. OAC E&OE

Panoramic lake views in a resort style community with quality interior finishing that pleases even the most refined tastes are characteristic of these prime luxury condos for sale.

Located between two beautiful lakes in a valley lined with orchards, vineyards and golf courses, you can see the amazing selection of outdoor recreational activities that Penticton has to offer. Penticton is a warm and friendly community under 50 000 people.   
 

This regional centre's amenities:

• South Okanagan Events Centre
• Four ice arenas
• Indoor pool and recreation centre (expansion in planning stage)
• Curling rink
• Tennis courts
• Volley ball courts
• 6 screen movie theatre planned for 2011

Environment Canada has indicated that Penticton has one of the most attractive climates in Canada.  With over 2100 hours of sunshine, annual rainfall of 45 cm and approximately 8 weeks with sub freezing temperatures, there is no place like it!

To learn more see About Penticton BC.

Richard Batke - Mortgage Broker

2004 Main St.
Penticton, BC
V2A 5H4

Direct: 250-809-0285
email: richardbatke@invis.ca
web: www.thehomefinancecentre.com
map: 2004 Main St., Penticton, BC

Richard Batke
Mortgage Broker

* Purchase * Refinance * Renew * Debt Consolidation *
* Business Equipment Leasing *

Serving the South Okanagan, including:

Summerland BC | Penticton BC | Naramata BC | Okanagan Falls BC
Oliver BC | Osooyoos BC | Keremeos BC | Princeton BC

Contact Richard Batke for more information at 250-809-0285 or visit www.thehomefinancecentre.com for pre-approval.

As a mortgage Broker, I have a number of clients whom I have pre-approved for mortgages and are currently shopping for homes. 

I also have past clients who have properties to sell.  Some try selling privately before listing their property with a licensed

In an effort to better serve my past and future clients, I am now providing an avenue where I can help connect sellers with prospective buyers beyond the range of my personal contacts.

Note:  All information is provided by seller, and
must be verified by the purchaser.

Current Private Sale for $339 000

Thoroughly renovated in 2009, this half duplex for sale features a professionally landscaped fenced yard - great for the kids - and its proximity to Columbia School makes it great for a family who wants to enjoy the benefits of the mortgage helper suite.

Basement suite is currently rented for $900/mo to great tenants!

See below for financing options!

• 2 bedrooms
• 1 bath
• Laundry
• Kitchen

• Windows
• Roof
• Furnace
• Hot Water Tank
• Faucets
• Light fixtures
• Kitchen counter top

Private Sale, please contact seller ASAP to get this great half duplex for sale while it is still available privately! 

For an appointment and more information contact Richard: 

Phone:  250-809-0285

Note:  All information is provided by the seller and needs to be verified by the purchaser.  I am not responsible for any errors or misrepresentations of this data. OAC, E&OE

 Financing Options

5% Down $1435/mo*
10% Down $1360/mo*

Subtract Rental Income: $900/mo

Net Mortgage Payments:

5% Down $535/mo*
10% Down $460/mo*

* Rate Specials may be available. Based on 3.99% with a 5 year term, amortized over 35 years.  Incl. Default Insurance fee. Rates subject to change without notice. OAC E&OE

For more financing options that may be suited to your specific situation,
please contact Richard Batke.

Richard Batke - Mortgage Broker

2004 Main St.
Penticton, BC
V2A 5H4

Direct:  250-809-0285
email:  richardbatke@invis.ca
web: www.thehomefinancecentre.com
map: 2004 Main St., Penticton, BC 

Richard Batke
Mortgage Broker

* Purchase * Refinance * Renew * Debt Consolidation *
* Business Equipment Leasing *

Serving the South Okanagan, including:

Summerland BC | Penticton BC | Naramata BC | Okanagan Falls BC
Oliver BC | Osooyoos BC | Keremeos BC | Princeton BC

Here is a comprenensive listing of available condos for sale in Penticton BC that are listed by Realtor on the MLS website. 

This information is provided by Richard Batke, mortgage broker with Invis - Wilkins & Associates Mortgage Brokers, 2004 Main St. Penticton BC.

Please allow me to serve you in financing your condominium in Penticton!

Quick MLS searches by Price Range:

Penticton has an exceptionally wide variety of condominiums for sale.

With over 130 condominiums for sale in Penticton, you are sure to find the Condominium that suits you best.  Priced from $86 000 to $1.7 million, the condo market in Penticton is very diversified.

Starting Price: $86 000
Mortgage Payment:  $370/month*

* with 5% down, 5 year term @ 3.99%, 35 year amortization, including CMHC fee OAC E&OE

Starting Price:  $150 000
Mortgage Payment:  $650/month*

* with 5% down, 5 year term @ 3.99%, 35 year amortization, including CMHC fee OAC E&OE

Stunning lake views, lakeside living and finishing that will please the most discerning tastes characterize these pristine luxury condos.

Contact Richard Batke, for mortgage options on these great condominium opprotunities!

Nestled between two freshwater lakes in a mountain valley, you can imagine the endless outdoor recreational activities that Penticton has to offer. Penticton is a small and friendly community of less than 50 000 with great public transportation and services.

View Larger Map  

Penticton's amenities include four ice arenas, an indoor pool (soon to be upgraded), curling rink, tennis courts, volley ball courts, and ohter recreational facilities.  The most recent addition is the South Okanagan Events Centre, a state of the art regional events facility.

According to Environment Canada, Penticton has one of the  most attractive climates in Canada.  Penticton receives over 2100 hours of sunshine with an annual rainfall of 15 inches.  There are usually about 8 weeks with temperatures below freezing.

Penticton also has a 129 bed acute care regional hospital, other medical services and a full spectrum of retail services, including another shopping centre with a 6 screen state of the art movie theatre planned for the near future.

For more information about Penticton, see About Penticton BC.

You do not have to fit your mortgage,
it can be made to fit you.

Richard Batke - Mortgage Broker

Invis - Wilkins & Associates Mortgage Brokers
2004 Main St.
Penticton, BC
V2A 5H4

Direct:  250-809-0285
email:  richardbatke@invis.ca
web:  www.thehomefinancecentre.com
map:  2004 Main St., Penticton, BC

* Purchase * Refinance * Renew * Debt Consolidation *
* Business Equipment Leasing *

Serving the South Okanagan, including:

Summerland BC | Penticton BC | Naramata BC | Okanagan Falls BC
Oliver BC | Osooyoos BC | Keremeos BC | Princeton BC

There are other important factors to consider when evaluating a mortgage:

Times in Need - Example 1

decided waive the penalty required for their refinance in order to keep their family and home in tact. Sometimes this lender has mortgage interest rates that are 0.1% higher, (though they are usually the same as the lowest rates available), resulting in just a few extra dollars per month on the mortgage payment.

Though this is an extraordinary example, I have access to lenders who are very supportive of their clients and will make adjustments to help their clients through tougher times.

Times in Need - Example 2

This couple had found themselves in some financial hardship, but did not miss any mortgage payments. They visited a lender who offered them a loan to access some of the equity in their home, so they set  it up - they thought it was easier than trying to explain their financial challenges to their bank.

Before reading this blog, Please read  “Sometimes the lowest mortgage interest rate is just not worth it"

Mortgage Product Spotlight:  The 50/50 Mortgage!

• 50% of your mortgage is at the 5 year fixed rate
• 50% of your mortgage is a variable rate
• variable rate can be locked in at the current fixed rate for the appropriate term remaining
• monthly payments are split between the fixed and variable portions
• you can choose which portion to apply any lump sum payments

Quick Close Rates and Mortgage Rate Specials

Quick Close:

• 1 year fixed rate 2.3% (BN)
• 5 year fixed 3.89% (MV)

Rate Special:

• 3 year fixed rate 3.29% (TH)

All lending products are subject to change without notice and are subject to client qualification. E&OE, OAC