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The latest in Mortgage and Real Estate News and Trends
PRE-SALE PITFALLS: WHAT TO KNOW BEFORE BUYING A CONDO OFF-PLAN
Buying a condo before it's built—often called buying “off-plan” or “pre-sale”—can seem like a smart move. Early access, lower prices, and VIP incentives are all part of the allure. But for many buyers, what starts as an exciting opportunity ends in costly frustration....
UNCERTAINTY TRIGGERS BANK OF CANADA RATE CUT
It has become the recurring theme in the Canadian economy: the on-again, off-again trade war with the United States. And in the tradition of hoping for the best and preparing for the worst the Bank of Canada is using the one weapon it has, interest rate policy. Last...
DOES CONSOLIDATION MAKE SENSE FOR YOU
Does Consolidation Make Sense For You As we move forward through the year, most of us have our eyes peeled on the slowing economy, the decrease in housing prices and how our household budgets will weather any storm that lies ahead. And while I don’t think now is a...
BUYING A HOME IN BC JUST GOT CHEAPER WITH THE 2024 BC BUDGET
Buying a home in BC could now cost less! WATCH VIDEO HERE The 2024 BC BUDGET, in its goal to help with affordability and getting people into homes, tackles the property transfer tax exemption, flipping tax and building more homes and faster! Anything to help...
MORTGAGE PAYMENT SCHEDULE 101 – YOUR ULTIMATE GUIDE
“There are two common mortgage payment types: combination of principle and interest and interest only. The principle and interest rate means every time you make a payment, you’re paying both the interest and the principal amount of the original loan. Interest-only...
BC ASSESSMENTS – 2 MYTHS DEBUNKED
WATCH THE VIDEO HERE BC Assessments are out and homeowners can check it out online at www.bcassessment.ca in addition to getting a copy in the mail. There are 2 misconceptions that I hear every year from homeowners so I've decided to break it down to set the record...
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