RRSP Down Payment, Home Buyers Plan

RRSP Down Payment, Home Buyers Plan

  What is the Home Buyers’ Plan?   With the federal government’s Home Buyers’ Plan, you can use up to $35,000 of your RRSP savings ($70,000 for a couple) to help finance your down payment on a home. To qualify, the RRSP funds you’re...
RENT Vs. BUY

RENT Vs. BUY

Rent Vs Own:I am strong believer that home ownership is great for security and investment, but its not the best choice for everyone. RENTING The benefits of renting are you don’t need a lot of money down to secure a home, in the greater Vancouver area generally...
Speculation & Vacancy Tax

Speculation & Vacancy Tax

What you need to know about the Speculation & Vacancy Tax You should have received a notice from the BC Government about the new Speculation & Vacancy Tax. If your property is located in any area affected by the tax then you need to know the following. The...
Pro’s and Con’s of buying a Pre-Sale Home

Pro’s and Con’s of buying a Pre-Sale Home

Pro’s Brand New Home 2-5-10 Year Warranty Customization Time to Save/ No mortgage payment until completion Upside of a Rising market Con’s GST is payable on New Construction Some developers are better than others Developers can make substitutions and alterations...

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