New Mortgage Qualifications for CMHC Insured Mortgages-Effective July 1st Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42; Establish minimum credit score of 680 for at least one borrower; and CMHC will no longer treat non-traditional sources of down payment funding, such as a personal unsecured line of credit, as equity for insurance purposes. ...

Even in these difficult times some of our clients have very real needs to continue selling their properties or to make a purchase. Our committment under these current difficult times is to public safety, the health and wellfare of our clients and real estate consumers to always practice business and conduct showings under the safest possible protocols for everyone concerned. This includes the ...

BC Speculation Tax and Mattters of Estates The speculation and vacancy tax is designed to target foreign and domestic speculators who own residences in BC but don’t pay taxes here. However, caught in the trap are people with empty homes such as estates. It should be noted that this is a second vacancy tax. The tax rate is 0.5% of a home’s value in 2018, which would be $5000 a year for a pro ...

I am proud to support the Realtors Cae Blanket Drive.This amazing program raises blankets, socks, hats and more for people who live on the our streets. Thank you to all the realtors who contribute to this programme.  

Earlier this month Finance Minister Bill Morneau introduced tax changes that will impact every homeowner and taxpayer in Canada. Instead of focusing their efforts on specific buyers, the feds chose to close current tax loopholes that directly apply to real estate earnings. In particular, the newly announced rules will tighten and enforce the requirements necessary for claiming the capital g ...

Are you questioning the Assessed Value of your property? How does this assessment affect your wallet?Assessed values are based on sales of comparable properties, reflecting market values effective July 1 of the preceding year. Market value is the price an unencumbered property would sell for if a reasonable amount of time is allowed to find a purchaser.To better understand your assessment not ...

The BC government introduced its 2016 budget. The budget included a number of items intended to affect the Lower Mainland housing market with respect to affordability and availability.   Here’s a summary: Property Transfer Tax (PTT)   • a New Housing exemption will apply to newly built homes or newly subdivided units priced up to $750,000, saving buyers up to $13,000; and   • a partial ...

Try this downpayment calculator:http://www.dlrs.ca/minimumdownpayment/Call today, text or email if you want me to walk you through your first condo purchase.

I am continually grateful to my clients who generously return to me for trusted real estae service when selling or buying. This year, to celebrate my clients, I have donated blankets and socks to the REBGV blanket drive. My passion for those less fortunate that myself and those who live on the streets is unending. In lieu of sending paper calendars,  the funds were redirected towards blankets ...

Having always wanted a little place it the USA I found this wonderful opportunity for fabulous weekend home alternative for Vancouverites. The drive to Anacortes was just over an hour. Easy and beautiful. Anacortes offers endless outdoor activites, beautiful  sites and fine/fun dining. Cycle, paddle, hike, boating and more. Access to the Islands and more. Just an hour and a half (or less) to ...