Why rent when you can own?  Here are 4 great reasons to become a homeowner: 1) Equity - when you are renting the only one that benefits is the Landlord, 2) Historic Low Interest Rates - This means big savings for consumers and combined with lower home prices (in some lower mainland areas), then this is a win-win for home buyers, 3) Ownership - imagine being able to paint your walls purple wit ...

If I have less than 20% downpayment, do I need mortgage insurance?  Most Lenders require mortgage insurance if you are under 20% for your downpayment.  There are 2 companies in Canada that insure mortgages against default: CMHC or Canada Mortgage and Housing Insurance and Genworth Canada.  There will be a fee to you to pay between .05%-3% on the total amount borrowed.  This 'fee' will be paid ...

Here are 8 great ideas to 'winterize your home': 1) Seal cracks - check all your doors, windows and walls for cracks and gaps that allow drafts through and then seal them with caulking. 2) Install a programmable thermostat - save money on your home heating bill by programming the thermostat to be cooler when you are not home and have it only come on when you need it.  Sweaters and slippers al ...

Should I use a Banker or a Mortgage Broker for my mortgage pre-approval?  This is a completely your choice, however, it is always a good idea to shop around for the best mortgage interest rates you can get.  You may have a long standing relationship with your banker or you may find a mortgage broker who will suit your needs.  Some mortgage brokers are "independents" and therefore have a wider ...

Should I use a real estate professional to help me purchase my home?  It is always good practise to find someone that you are comfortable with to help your through your home buying journey.  After listening to your 'wish list', a real estate professional can help you find the right home within your "pre-approved" home purchase range.  An agent will advise you on price and conditions in your o ...

Does a "pre-approved" mortgage guarantee my financing?  A "pre-approval" simply means that your banker or mortgage broker has looked over your assets, earning and debt and has determined the amount of money that you should be able to borrow for purchasing a home.  Before "final" approval can be given, your lender will want to confirm the value of the property by way of appaisal and get a fina ...

I just finished uploading this House for sale, 843 26TH Ave W, Vancouver West, British Columbia Wow, located directly across from Braemar Park and located in the coveted Westside Cambie area, this four bedroom home features coved ceilings and inlayed hardwood floors. Priced at land value, this home awaits your renovation ideas or the construction of a new home. Only a short walk to the Canad ...

I just finished uploading this Townhouse for sale, 32 11160 KINGSGROVE Ave, Richmond, British Columbia Bright and open best describes this beautifully renovated home! Gleaming floors greet you as you walk into your spacious main floor with new galley kitchen & den, which lead into your large dining room/living room area with cozy fireplace. Outside, your private patio gardens & yard await, ...