By Kevin Lutz, RBC Regional Sales Manager, Residential Mortgages In no particular order, what will be important to you in the coming year are the new mortgage guidelines, the transition from HST back to GST/PST on April 1, housing price trends and interest rates. NEW MORTGAGE GUIDELINES COULD AFFECT YOU There is no doubt that the new B-20 mortgage guidelines introduced by...[ read more ]
By Cameron McNeill The B.C. First-Time New Home Buyers’ Bonus helps make owning your first home a little more affordable. If you’re a first-time homebuyer in the market for a newly built or substantially renovated home, you can get up to $10,000 back from the B.C. government through a onetime income tax credit. But you will have to act fast; this bonus is only applicable on eligible new home purchases...[ read more ]
Are you dreaming of summers at a lake-front recreation property? Or maybe you’ve always wanted to own a condo for investment purposes? Whatever your reason for wanting to purchase a second property, knowing your financing options before you buy is crucial to avoid surprises down the road. “Financing the purchase of a second property can be complicated at first glance,” says Farhaneh Haque, regional sales manager, Mobile...[ read more ]
Source: New Condo Guide By Cameron McNeill, MAC Marketing Solutions It’s 2013 and thankfully the world did not end with the Mayan calendar. The online world and the media were abuzz with reports about the possible collapse of life as we know it, which got me thinking about where people tend to get their information. In today’s hyper paced world,...[ read more ]
