Keeping you updated about what's happening in Real Estate and in the Fraser Valley!

Single women are saying "I do" to mortgages.

 

"No man. No dual income. No problem," is the tag line of the new HGTV show Buy Herself, which documents the increasing trend of women buying homes solo.

 

Host Sandra Rinomato, a certified real estate broker, author of Realty Check: The Real Scoop on Real Estate and award-winning Canadian entrepreneur, says women are investing in property with or without a partner.

 

"Women are buying real estate because they equate it with financial security," says Rinomato.

Growing up, she didn't think of her financial future.

 

"I was raised as a young, Italian girl to think that the man was going to take care of all that stuff."

But after her first marriage ended, she became a certified real estate agent and realized owning her own house was a realistic goal. "I didn't think that a failed marriage was something that I had to use as a road block. I didn't want it to stop me from carrying on with my life."

 

So she made a bold decision to buy a house by herself. Now, years later, Rinomato owns four houses with her new husband and one on her own.

 

"I think you really need to analyse truthfully what your lifestyle is; what property will suit your need 99 per cent of the time."

And there is one thing a buyer should never sacrifice, she says - location.

"Location affects your lifestyle so much and people sometimes underestimate it for the sake of getting that extra bedroom or a den. Sacrifices should come in space on the interior, because people always overestimate what they really need."

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Keeping you updated about what's happening in Real Estate and in the Fraser Valley!