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As we all know the provincial government (for the time being) allows homeowners who occupy their property as their principal Residence to claim a ‘Home Owner Grant’. This grant towards your property taxes for people under the age of 65 is $570 in Greater Vancouver. Interestingly enough the province pays $770 for all other areas…
We are 2 weeks into the new B20 mortgage rules. While I am sure we will see further changes as time goes along, here is what we have seen thus far… • New mortgages with less than 20% down are still qualified using the mortgage qualification rate ( 5.19%) and a 25 yr amortization •…
As you have probably heard, The City of Vancouver this past year implemented a tax on vacant properties. The tax is 1% of the properties assessed value. There are several exceptions and provisions within the new regulations, but generally speaking if a residential property is your principal residence where you live or has been rented…
A big thank you for joining us at the 2017 Client movie morning on Saturday for the premiere screening of STAR WARS: THE LAST JEDI. Braving the cold for some treats, prizes, and an excellent movie. Big thanks to the fans coming out in some great costumes, you looked great! Clients also donated to the…