As of October 17, 2016 there will be new Federal Government changes to the Canada Mortgage and Housing Insurance guidelines for qualifying for borrowing mortgages under 20% downpayment. If you are thinking of purchasing, now may be a good time to get your mortgage application in before the October 17th deadline. Just give me a call and I can help you on your way to buying your dream home.

The 3 “rules of lending” focus on determining the maximum size of mortgage that can be supported by your provable income: Rule #1 - GROSS DEBT SERVICE (GDS) Your monthly housing costs are generally not supposed to exceed 32% of your gross monthly income.    Rule #2 - TOTAL DEBT SERVICE (TDS) Your entire monthly debt payments should not exceed 42% of your gross monthly income   Rule #3 - ...

There are several different ways you can discover facts about a property.  First, start by asking the Owner or discreetly talking to neighbours of the property. Second, visit local government websites or offices.  For Example, the City of Richmond has a disgnated heritage site map, and the City of Vancouver can confirm if the property was a grow up or illegal drug lab, plus the City of West V ...

Did you know these items do not show on a home's Title: a) Archaeological sites, b) Former Grow Ops and illegal drug labs, c) Heritage Designations, d) Highway entitlements, e) Sigmatized Properties, f) Streamside issues, and f) Underground Oil Storage Tanks.  Make sure you do your due diligence when purchasing a home.

Hurry, deadline is August 19th. Call me if you have any questions on how to apply.  Each year, the Real Estate Board of Greater Vancouver awards five $1,500 entrance scholarships to children of REBGV members (active, non-probationary), who are currently in Grade 12, and enrolled for full–time studies in the fall of 2016 in a program of at least two years’ duration. The program must lead to a ...

Here are the definitions of a "Foreign Entity" under the new Provincial Property Transfer Tax Law as of August 2, 2016: A Foreign Entity is a foreign national, foreign corporation or taxable trustees. The 15% property tax on "foreign entities" is in addition to the general property transfer tax and applies to properties being registered in the Metro Vancouver area only, and excludes Tsawwasse ...

The Civil Resolution Tribunal Act strata provisions and the related amendments will be in force on July 13, 2016. The CRT’s fees have been set and the CRT’s rules are being finalized. Early intake of condominium homeowner complaints will begin on July 13, 2016.   Detailed information on the website telling you how to start the CRT process. Basically, it’ll work like this: You’ll start wit ...

Huge Congratulations to Philip and Joanne, the Winners of my "Summer Fun" Contest. They will get to enjoy a Bed and Breakfast package at the River Rock Casino Resort. Thank you to all of my clients who entered the contest. Have a restful, and safe summer everyone!

We are proud to announce that this Jul 3rd, 2:00 PM to 4:00 PM we will be hosting an Open House at 10 Renaissance Square in Murano East Lofts in the Quay neighborhood, New Westminster. This is an opportunity to visit this excellent Apartment for sale in beautiful Quay. Please come with any questions you may have. In the meantime you can take a virtual tour of this Quay Apartment for sale. A ...

We are proud to announce that this Jun 23rd, 12:00 PM to 12:00 PM we will be hosting an Open House at 10 Renaissance Square in Murano East Lofts in the Quay neighborhood, New Westminster. This is an opportunity to visit this excellent Apartment for sale in beautiful Quay. Please come with any questions you may have. In the meantime you can take a virtual tour of this Quay Apartment for sale. ...