Hello!
MORTGAGE INSURANCE

MORTGAGE INSURANCE

WHAT IS MORTGAGE DEFAULT INSURANCE? Mortgage default insurance, which is commonly referred to as CMHC insurance or just mortgage insurance, is mandatory in Canada for down payments between 5% (the minimum in Canada) and 19.99%. Mortgage default insurance protects...

read more
GST TAX ON NEW HOMES

GST TAX ON NEW HOMES

If your thinking about purchasing a brand new home, (or one that is substantially renovated click here for more info on renovated homes ) You are also going to want to think about GST! What is GST? The goods and services tax (GST)  is a value added tax introduced in...

read more
Property Transfer Tax and Exemptions

Property Transfer Tax and Exemptions

WHAT YOU NEED TO KNOW ABOUT PROPERTY TRANSFER TAX  First off, what is property transfer tax?  Property transfer tax (PTT) was introduced in 1987, when the average price of a Vancouver home was about $150,000, in order to tax speculation on high-end properties. It is...

read more
The CMHC First-Time Homebuyer Incentive

The CMHC First-Time Homebuyer Incentive

What is The CMHC First-Time Homebuyer Incentive? It is a $1.25 billion fund administered by the Canadian Mortgage and Housing Corporation (CMHC) over three years will provide 5% of the cost of an existing home and 10% of the price of a new home through what amounts...

read more
Sell Your Home with Digital Marketing

Sell Your Home with Digital Marketing

Digital marketing helps sell your home because more of the right people see your home for sale.

It’s not just anybody that’s seeing the advertisements, its hand picked audiences that are most likely to purchase you home.

read more
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 using must be on deposit...

read more
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……

read more
Speculation & Vacancy Tax

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 speculation and vacancy tax is distinct from the empty homes tax...

read more

Pin It on Pinterest

Share This