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Home Buying
Real estate board strongly recommends REALTORS® refrain from hosting open houses
Thursday, March 19, 2020
With concerns about the spread of COVID-19, REBGV is strongly recommending its approximately 14,000 REALTOR® members refrain from holding open houses.
Home Buying
How mortgage stress test changes affects home buyers
Tuesday, March 3, 2020
The benchmark rate used to determine the minimum qualifying rate for insured mortgages, known as the “stress test" is changing.
Taxes
Home Owner Grant
Friday, January 3, 2020
In 2020, the BC government decreased the Home Owner Grant threshold to $1.525 million from $1.65 million.
Taxes
Property taxes 101
Friday, January 3, 2020
Property tax notices are sent to home owners and businesses in June and are due the first or second business day in July, depending on the municipality.
Home Buying
REALTORS® have helped 3 million Canadians use RRSPs to buy a home
Thursday, August 22, 2019
In the mid 1980s a group of Realtors came up with a novel idea: why not help first-time buyers by letting them use part of their RRSPs for a down payment.
Home Buying
How to get a mortgage when you’re self-employed
Tuesday, July 23, 2019
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.