Taxes
Friday, January 26, 2024
Detailed information about BC's SVT and property exemptions. (4 minute read)
Home Buying
Thursday, November 23, 2023
Since June 22, 2022 chartered banks have repeatedly raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Home Buying
Monday, November 20, 2023
Since July 1, 2020, it has become increasingly more difficult for first-time home buyers to buy a home. (2 minute read)
Home Buying
Monday, November 20, 2023
Home buyers with less than a 20 per cent down payment applying for a high-ratio mortgage with a regulated financial institution are typically offered a contract mortgage interest rate.
Home Buying
Friday, November 17, 2023
Check how the stress test may affect you, with examples of buying an apartment, an attached home, and a detached home. (3 minute read)
Home Buying
Thursday, November 2, 2023
Private insurers have not been required to follow CMHC's lead and tighten lending standards. (2 minute read)
Taxes
Thursday, September 7, 2023
Read about the conditions required for paying capital gains, and what you need to do even if you don't have to pay. (2 minute read)
Taxes
Friday, September 1, 2023
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
Taxes
Thursday, August 24, 2023
Affordable housing projects in Vancouver received grants worth over $8.7 million, partially from Vancouver’s EHT. (1 minute read)
Taxes
Monday, June 5, 2023
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Home Ownership
Monday, April 3, 2023
Having insurance coverage is vital. There’s a misconception among home owners that their existing policy will cover a suite. It doesn’t.
Home Buying
Wednesday, March 29, 2023
When you decide to buy a property, your Realtor will prepare what is known as an Offer to Purchase.
Home Buying
Wednesday, February 1, 2023
Search listings from the MLS® systems operated by the Greater Vancouver, Fraser Valley, Chilliwack, BC Northern, and Vancouver Island real estate boards.
Home Ownership
Monday, August 8, 2022
Many residents and businesses in the Lower Mainland are located in a floodplain - close to or beside local rivers, creeks, or coastlines.
Home Buying
Friday, May 27, 2022
Read what the BCFSA recommended to the provincial government on how to enact their proposed measures, including the cooling-off period. (5 minute read)
Home Buying
Wednesday, May 25, 2022
Check out what local mortgage broker Angela Calla said about what’s happening in the mortgage market today. (3 minute read)
Home Buying
Wednesday, April 20, 2022
If you’re looking to own a strata home, make sure you’re familiar with related terminology. Here’s a guide to some of those terms.
Home Buying
Tuesday, April 12, 2022
If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.
Home Buying
Friday, April 8, 2022
The Federal Budget 2022 was housing-focused, with a significant amount of funding going towards quickly creating new, and diverse housing. (5 minute read)
Home Buying
Monday, April 4, 2022
If you plan to buy a strata property, check out the strata council minutes, contingency fund, and more.
Home Buying
Wednesday, March 30, 2022
BC government introduced legislation to help create a cooling off period for buyers to back out of a purchase after signing the contract. (2 minute read)
Home Buying
Thursday, March 24, 2022
Mortgage expert Angela Calla discusses trends, rate increases, and reverse mortgages. (2 minute read)
Home Buying
Wednesday, March 23, 2022
Kevin Falcon plans to address zoning, red tape, and taxes he believes contribute to higher housing costs. (4 minute read)
Home Buying
Monday, March 21, 2022
Before buying a vacation property, be aware of tax implications and other vital considerations. (4 minute read)
Taxes
Friday, February 18, 2022
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Home Buying
Tuesday, December 21, 2021
To increase your chances of qualifying as a self-employed borrower, you’ll need to be familiar with what lenders require and what questions they’ll ask.
Home Buying
Wednesday, December 8, 2021
Read about the new programs the federal government has proposed to help first-time home buyers.
Home Buying
Wednesday, February 17, 2021
A combination of historically high demand, limited housing supply, and COVID-19 restrictions is changing the way buyers and sellers are operating in Metro Vancouver’s housing market.
Home Ownership
Wednesday, December 23, 2020
Learn what changes are being made to give strata corporations the info needed to make informed decisions about their insurance needs.
Urban Planning
Friday, October 16, 2020
Here are solutions offered by the three main parties as well as the BC Conservative Party which makes substantive housing related recommendations.
Home Buying
Thursday, October 8, 2020
When looking for an eco-friendly home, here are some things to look for or put in place yourself.
Legislation & Regulations
Tuesday, September 15, 2020
These changes are intended to address rising strata insurance costs that have affected strata owners throughout the province.
Legislation & Regulations
Thursday, September 10, 2020
Read an update on how the Insurance Bureau of Canada has responded to unusually high insurance premiums faced by strata corporations.
Home Ownership
Thursday, February 6, 2020
Strata owners in BC are facing insurance rate increases of between 50 and 300 per cent this year, according to the Condominium Home Owners Association of BC.
Monday, December 17, 2018
most likely be the largest transaction of your life.
Taxes
Thursday, January 11, 2018
Each home owner will have received a property status declaration from the City to determine if their property is subject to the Empty Homes Tax.