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Subject Free? Perhaps Not.

Subject Free? Perhaps Not.

Subject Free? Perhaps Not. Short Version: Stellar credit, tremendous equity, and strong documented income are not enough to guarantee financing approval. The lender must approve of the property as well – and there is more than simply value reviewed. Lenders reserve...
The Big Short – Not a Canadian Story

The Big Short – Not a Canadian Story

[vc_row][vc_column width=”1/1″]The Big Short – An American film about American finance.   Many Canadians, particularly those in Vancouver and Toronto where real estate is spoken of like a sport, will gravitate to the film The Big Short over the coming...
Market Update September 2015

Market Update September 2015

The Market If you list it the will come. And bid it up over ask and it will be gone. In just about all parts of town the market continues to remain well above the ten year average for sales activity and prices keep inching upward. If you are interested in greater...
Gifted Down Payment for Rental Properties!

Gifted Down Payment for Rental Properties!

[vc_row][vc_column width=”1/1″] 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...
Market Update August 2015

Market Update August 2015

[vc_row][vc_column width=”1/1″]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...