With mortgage interest rates at historical lows, it is a wonderful time for first time home buyers to take the leap into the market. But there are some considerations and preparations to be made before starting the process. Continue reading
Category Archives: Real Estate
Changes to the Property Transfer Tax Act
On February 16th, the BC Government announced the 2016 Budget for the province, which introduced several changes to the Property Transfer Tax Act. These changes affect any real estate transaction that is completing February 17th onwards, regardless of the date the contract of purchase and sale was executed.
DOs and DON’Ts of owning a Rental Property
Before buying a rental property:
Rental Market in Downtown Victoria is about to change
At last count, in downtown Victoria alone more than 875 units are either planned, under construction or in the approval process.