April 28, 2017

Documents, documents and more documents!

Why so many mortgage documents you ask? With the recent government rule changes, lenders are asking for WAY more documentation before they will lend you money. Mortgage […]
March 17, 2017

Insurance Premium Rates Increase Today

Mortgage insurance premium rates increase today.  Mortgage insurance is required by for home buyers purchasing with a down payment of less than 20 per cent and […]
February 23, 2017

Three Common MLS Descriptions That Can Cause Financing Headaches

Certain words and descriptions in an MLS listing that may seem enticing to buyers may sound alarm bells for lenders.  As a buyer or seller, you […]
February 9, 2017

Having a Pre-Approval Does Not Mean You Are Safe To Go Subject-Free

In an aggressive market, a subject-free offer might feel like the best option but are you aware of the risks to the buyer if they require […]
January 30, 2017

BC Relaxes Foreign-Buyer Tax for Those with Work Permits

On Sunday, Premier Christy Clark announced that BC will soon allow international citizens with work permits who are paying taxes in the province to bypass the […]
January 21, 2017

Property Assessment vs. Market Value

Do not rely on your provincial assessment for a fair market value of your property.  The value printed on that document was arrived at during a […]

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