Buying

May 20, 2021

First-Time Home Buyer Incentive | Updated 2021

The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage costs by the government contributing to part of the home purchase. Basically, it's a shared equity mortgage with the Canadian Government.

The government implemented changes in the Spring of 2021 to help more buyers to qualify ...

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April 27, 2020

Minimum Mortgage Down Payment Requirements in Canada | Updated 2021

So, you're thinking of buying a home in BC, Canada and you're wondering how much money you'll require for your minimum down payment. Well, below are some general rules to get you started.

Canadians & Permanent Residents Working / Residing in Canada

Purchasing a Primary Residence

  • Purchase price ...
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Posted in Buying , Mortgage, Popular
April 26, 2020

Pros & Cons of the Most Popular Types of Homes in Greater Vancouver, BC Canada

British Columbia Canada, and more particularly Greater Vancouver and the Fraser Valley, has a wide variety of property types for owners to choose from. Below is a list of the most popular styles of homes. Learn the difference between condos, townhouses, semi-detached properties, detached houses, laneway homes, duplexes, triplexes and ...

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Posted in Buying
Feb. 25, 2020

BC Strata Insurance Issues and Rate Increases

BC Condo Insurance Rates Increase

Strata owners in B.C. should plan for a significant rise in strata insurance premiums and deductibles.

You may have heard by now that strata insurance (the insurance to replace or repair a strata building including the unit you own), has faced challenges recently. There have been significant increases in ...

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Posted in Buying , News, Owning
Nov. 16, 2019

Vancouver Laneway House Definition, Benefits & Building Guidelines

What is a Laneway House in Vancouver, BC?

Laneway house building guideIn Vancouver, a laneway house is a small detached house in the back yard of a primary residential house. Typically they are built where the garage would normally appear. In Vancouver, they cannot be strata titled and sold separately.  Some lots ...

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Oct. 27, 2019

Gift from Our Clients!

Gift from ClientsWe just sold our client’s River District Southeast Vancouver 1 bedroom condo and helped them buy a new 2 bedroom home in South Marine, Vancouver BC.

We met them to give them a gift to thank them for their real estate service, and they surprised us with this wonderful gift ...

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Posted in Buying , Selling
March 4, 2019

Helping Your Children Buy their First Home with the Family Equity Plan

Many parents are helping their children buy their first home by providing money for their mortgage downpayment. If you are also thinking of helping your kids with their home purchase, you may want to consider the Family Equity Plan instead of gifting your cash directly to your children.

You can ...

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Aug. 27, 2018

Change of Address Checklist

Change of Address Checklist for MovingWell, you've found your perfect home and now you're getting ready to move. But have you contacted everyone to update them with your new address? Not a problem! We've created a handy change of address checklist so you won't miss anyone. View our free change of ...

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Posted in Buying , Popular
June 2, 2018

Beware of Over-Downsizing or Over-Upsizing when Buying a Home

Tips to upsize or downsize into a new home

Buying a new pair of shoes is relatively easy. Once you find the style you like, all you need to do is try them on and see if they fit. If they do, you go to the cash register and pay.

When it comes to size, buying a new home ...

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Posted in Buying
April 11, 2018

7 Things to Avoid During the Mortgage Application Process

BC Mortgage Application Tips

Seven things mortgage brokers advise that you should avoid during the mortgage application process:

1. Don’t change jobs, or quit your job. Brokers cannot utilize your income if it’s probationary.

2. Don’t buy a car, truck or van with a payment plan before a home. 

3. Don’t use credit ...

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