Quick Guide to Downsizing for Seniors
Quick Guide to Downsizing for Seniors As we age, most older adults will consider the option of downsizing or moving to a smaller space. It is estimated that over half of retirees in Canada ages 50 and over move into smaller homes after retirement. If you’re a senior or someone helping seniors move to a […]
All You Need to Know About Estate Liquidation
All You Need to Know About Estate Liquidation Liquidating an estate can be a complex and time-consuming process. Whether you are downsizing, relocating, or managing the estate of a loved one, there are many factors to consider when liquidating an estate. From sorting through possessions to identifying valuable items, pricing, and selling, this process can […]
The Effects of Interest Rate Increases
The Effects of Interest Rate Increases The Bank of Canada has raised its benchmark interest rate 9 times in the past 12 months, hiking the cost of borrowing for Canadians, especially those who own their home. As a result, Canadians are increasingly vulnerable to “payment shock” as higher household debt levels collide with oversized interest […]
The Full Cost of Buying a Home
The Cost of Buying a House in Beautiful British Columbia First time home buyers are often unaware of the full cost of purchasing a home. There are many other things to consider to fully get you set up in your new home. It’s a wonderful thing to own property in BC but let’s make sure […]
Dividing Property In A Divorce
Dividing Property In A Divorce Divorce is never a situation anyone expects to be in. Regardless of the reason, it can be a scary time of upheaval and change with many unknowns. Not only does it represent a time of emotional and financial turmoil, which is hard enough, but then you also have to tackle […]
Deposit Vs. Down Payment
Deposit Vs. Down Payment What is the difference between deposit and down payment? This is the most frequently asked question for buyers. As a buyer it’s important to know the difference between the two. Each payment is made during the purchasing process, but it is done so for a different occasion and with a different […]
Benefits for First Time Home Buyers
Benefits for First Time Home Buyers In today’s market, purchasing property for the first time in British Columbia, or any other part of Canada, can be a little complicated. The price of homes in Canada had been rising steadily for years, even before the pandemic. However, despite recent decreases in property prices, average incomes still […]
How Much is a Deposit/Down Payment on a House?
How Much is a Deposit/Down Payment on a House? Getting together a deposit for your home is the first and one of the most important steps in your home buying process. But how much do you need? Let’s break this down together to get you set up successfully and get you into your new home! […]
Potential Property Defects
Potential Property Defects If you are a buyer looking to purchase a property in British Columbia, you have the right to ask for information about the condition of the property and any defects that may affect its value or desirability. This is known as the “duty to disclose,” and it requires the seller of residential […]
Decomissioned Oil Tanks
Decomissioned Oil Tanks In British Columbia, Canada, home buyers should be aware of the potential presence of underground oil tanks on a property they are considering purchasing. These tanks, also known as “decommissioned” tanks, may have been used to store heating oil, diesel fuel, or other petroleum products. If an underground oil tank is present […]
