Short Version Bridge financing is a tool that can allow a client to take possession of a new home prior to completing the sale of their current home. One must have a firm, subject free, binding contract of sale in place for their current residence in order to start an...
What have you done with your INVESTMENT property mortgage and why? This is another question which I encourage clients to ask or their Mortgage Broker or their banker. Short Version An open and questioning mind may lead one to mortgage products which result in savings...
Short Version The latest CMHC news impacts new home buyers only – not current mortgage holders The increase takes effect May 1, 2014 The net impact to the average BC Family purchasing with a 5% down payment is a $5.75 per month payment increase. Based on the median BC...
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Vancouver Real Estate – How I learned to stop worrying and Love the Bubble. Don’t believe the Hype. (the Bubble-Hype that is) Short Version Vancouver Real Estate – in particular detached home prices can, and likely will, rise further. As more single...
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