(April 06, 2017, posted in Mortgage Information)
Although going through the pre-approval process is important, the actual term ‘pre-approval’ is often misunderstood.
An important point to be clear on is that while you may be pre-approved for a certain mortgage amount, there are several variables that can derail a final approval once you write an offer on a property. As such it is imperative that offers include a condition (or ‘subject’) clause al... read more.
(January 05, 2017, posted in Real Estate News)
A Personal Reflection in 2016
With so much of this craziness coming from the Lower Mainland it's no wonder Princeton's real estate market was hot. I met many Vancouverites that finally had enough of the rat race from the Lower Mainland. They were drawn to Princeton's better quality of life and it's friendly sense of community.
Over the previous year, Princeton's 2016 property sales saw a big increas... read more.
(January 03, 2017, posted in Real Estate News)
The Ups & Downs of BC Real Estate in 2016
What a year it’s been for real estate in BC. It was a roller coaster ride of positive and negative news, from soaring values in Vancouver to the shadow flipping scandal, the foreign buyers tax, tough new mortgage policies and then Donald Trump’s US presidential election win… 2016 has seen it all. Here are the highlights of our year in real estate.
Rocking th... read more.
(December 16, 2016, posted in Real Estate News)
Premier Christy Clark announced December 15 a new government-backed loan program, which will lend homebuyers in BC up to $37,500 towards a down payment for their first home. The B.C. HOME Partnership program will match the amount first-time homebuyers have saved towards a down payment, up to a maximum of $37,500, and no more than five per cent of the home’s total value. The loan only applies to ho... read more.
(December 09, 2016, posted in Real Estate News)
A Letter from BCREA President Deanna Horn
Dear BC REALTORS®Today, at Special General Meetings held at six real estate boards, REALTORS® showed up in record numbers to vote on whether to participate in the proposed amalgamation of six real estate boards and the BC Real Estate Association into a new single organization, called REALTORS® of BC. Over 67 per cent of REALTORS® from the participating boar... read more.
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