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New Mortgage Policies Aim to Enhance Homeownership Affordability

Posted on May 20, 2024



The federal government has unveiled a series of mortgage reforms designed to make homeownership more attainable for Canadians. Here are the key aspects of the new policies:

Longer Amortization for New Homebuyers

Policy Change:
  • Effective Date: August 1
  • Details: First-time homebuyers will now have the option of 30-year amortization periods on insured mor...

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Unexpected Costs When BUYING Your Home 

Posted on Apr 15, 2024



When house hunting, overlooking closing costs is a common and costly mistake. These additional expenses, ranging from taxes to title insurance, can catch buyers off guard. It's crucial to understand these potential costs to avoid last-minute surprises and ensure a smooth closing process. While some expenses may be negotiable or waived by your broke...

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Unexpected Costs When SELLING Your Home 

Posted on Apr 05, 2024



Selling your home is a significant undertaking, and it's essential to understand the various costs involved beyond just the sale price of your property. Here's a breakdown of potential closing costs when selling a home in BC.

What Are The Costs Associated With Selling a House?

Real Estate Commissions:
When you sell your house through a real estate age...

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BC’s Property Transfer Tax: What Homebuyers Need to Know 

Posted on Mar 31, 2024



In the realm of real estate, grasping financial intricacies is essential. One significant cost that both buyers and sellers face is the property transfer tax. What exactly is this tax in BC, and how does it influence your transactions?

The property transfer tax is a land registration fee imposed when property ownership changes hands in British Colum...

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Preparing Your Home For Spring: Home Maintenance Tips 

Posted on Mar 21, 2024




As we bid farewell to the long, dark winter and embrace the imminent arrival of spring, there's a tangible shift in the air, heralding the return of blossoming flowers and the gentle warmth of the sun. However, with this newfound brightness comes a spotlight on neglected areas around your home—clogged gutters, cracked pathways, and remnants of past...

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Strong Start: Metro Vancouver's Housing Market Sees Surge in Home Sales

Posted on Mar 02, 2024




In January 2024, the housing market in Metro Vancouver saw a significant rise in home sales compared to the same time last year. Despite a slower December, buyers came back strong, outpacing the number of new properties listed for sale. This imbalance between supply and demand is pushing the market in favor of sellers once again.

The Real Estate Boa...

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