'It's like walking on Mars to me': B.C. senior still paying mortgage on 'not liveable' property after November floods

Imagine paying the mortgage on a home that no longer exists, for a property that's now virtually worthless.

Eighteen years ago, Zillwood purchased just over an acre of property along the Coquihalla River. But where there was once his home, lawn and gardens, there's now rocks, stumps and a river bed. His property assessment for 2021 shows the value of his home and property, which was just over acre, at $445,000. He said it's now valued at $1.

Hey guys. Guess what. ... They don't really give. A rats ass about us. They lie. They hide . They divert. They device...but they don't give a shit .

Disaster relief available? Is his insurance helping? This is B.C. not Mars.

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Higher rates are pushing home buyers toward credit unions and private lenders, mortgage brokers say | CBC NewsAccording to insurance and financial website Ratesdotca, credit unions and private lenders made up about 3.7 per cent of the country's mortgage business last year and have already handled about 6.7 per cent so far this year. Why put CUs in with private lenders? Most people who use them see the as “slightly better banks”. It is where the paycheque is deposited, the debit/credit card, etc. Okay, but they break legs. Be careful. Maybe rent for a bit.
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