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CMHC is back at it once again…

CMHC is back at it once again…

Who, What, When & Why? Short version; Who? – This impacts new buyers with less than 20% down payment who are purchasing properties below $1,000,000.00 What? – Three changes; No more borrowing a down payment (gifted down payment remains OK)New minimum...
Mortgage Payment Deferral

Mortgage Payment Deferral

No video this week, just text. (T.G. this one is for you my man!) Last weeks video was shot just before 2am at the end of what was then one of the most challenging weeks I’d experienced, ever. I simply had no juice left with which to compose written sentences,...
Market Update – November 2015

Market Update – November 2015

Hello, We can just about say ‘another year’ of Real Estate craziness is behind us, because October was once again over the top busy and already we are seeing multiple offer situations in November from one end of town to the other. How crazy is it now you ask? We...
Gifted Down Payment for Rental Properties!

Gifted Down Payment for Rental Properties!

An interesting move regarding rental property financing. For those looking to purchase rental properties the minimum down payment has historically been at 20%  for some time, and so it remains. In years gone by this down payment money had to be proven to have...
Market Update August 2015

Market Update August 2015

Another (new) normal month in Vancouver Real Estate.  New highs, multiple offers, frenzy, madness….yawn. its officially the same old same old. The market stats paint the same picture as last month. Hot Hot Hot! So hot we had water restrictions for a while, Click here...