We wanted to let you know about the new First Home Saving Account, and remind you of the Home Buyer's Amount Tax Credit, in addition to, other valuable home owner and buyer rebates and incentives.
Qualifying first-time buyers can contribute up to $8,000 yearly ...
View MoreThe CMHC 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 ...
View MoreMany 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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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 ...
View MoreWhen buying a home, the mortgage process can be overwhelming. Knowing the key terms that are part of it can help reduce confusion and help guide your first conversation with your mortgage broker.
Length of time over which the mortgage will be repaid.
Length of time that ...
View MoreThe Greater Vancouver Real Estate Board, together with the BC Real Estate Association, has been lobbying the government for years to increase the First Time Buyers' Program threshold, as it's difficult to purchase a home under $475,000 in Greater Vancouver. They asked the government to increase the resale ...
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You and your friends are invited to our free Event for First Time Home Buyers!
Learn how to take advantage of the New BC Housing 2nd Mortgage Program and other tips to help buy your first home! Guest speakers include:
As you’ve probably heard, the BC Government will lend first-time homebuyers up to 5% of the purchase price to use as a downpayment to a maximum of $37,500.
There are many details still to be clarified - below is our understanding of the new regulations. However, we’re not mortgage experts ...
Would you like to help a family member buy their first home or help them move up to a house with a basement suite (mortgage helper) to accommodate a growing family?
Accumulating enough down payment funds is often the biggest challenge for home buyers (especially with the new mortgage rules ...
If you’re thinking of shopping for a new home, one of the first considerations is price range. You want to know what you can reasonably afford.
How do you figure that out?
First of all, you need to determine the initial out-of-pocket costs. There are often more costs associated with ...
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"Lori completely understood my needs and her no-pressure sales approach was refreshing. When I finally made the decision to purchase, Lori was the first call I made." Sheryl T.
"Sold in 6 days over list price - "I highly recommend Lori and Alan for their professional services and guidance." Jeannette B.
"Alan and Lori really kicked into high gear and they completely outshone all other REALTORS®! Not only were we truly impressed with how hard they worked, how knowledgeable and thorough they were, how highly they held our interests, and how professionally they conducted themselves through every aspect and every moment of both transactions, they also impressed the socks off the other realtors involved!" Mike & Scott
"I was very impressed with the professionalism of both REALTORS® and the way they made sure we were protected. We felt very secure in their knowledge and helpfulness. Thank you for a great job and a great experience." Frances K.