Deferring your property taxes in BC

If you're a home owner, chances are you've already received your property tax notice.

Coronavirus and your expenses (with a BC twist)

Pandemic or no pandemic, we all have bills to pay....unfortunately. If, like many people, you are already feeling the pinch financially, let me give you some advice on which bills to pay first and any assistance that might be available to you. Since I live in British Columbia, I will provide information about the provincial …

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That time I refinanced my mortgage

  Note: this is not a sponsored post, but if you need a mortgage broker, I recommend Alex McFadyen and his team at the Mortgage Pug.  I recently refinanced my mortgage. Refinancing basically means paying-off a mortgage with a new one. There are several reasons why one might want to do so, including myself. getting …

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Buying a rental property (or not)

Unlike my previous post, the criteria to decide whether to buy a rental property -or not- are very different.

Buying vs renting a home

Don't roll your eyes just yet. This is not another debate as to whether renting is better than buying or conversely.

Another important reason your mortgage is denied

You decided to become a home owner, saved for a down payment, got pre-approved for a mortgage, found your dream home and made an offer.

Buying a foreclosed property

A property is considered in foreclosure when a lender obtains an order of sale from a Court and the owner is unable to redeem the property.

Buying a pre-sale property

Both the real-estate and construction sectors are hot commodities in Metro Vancouver. New developments are spurting everywhere and everyday. Clever marketing makes it sound and look very attractive to buy a piece of property without actually seeing the finished product. But is it really the case? Let's explore!

Suburban life ain’t cheaper

Extraordinary real-estate costs in cities like Vancouver and Toronto are pushing people further and further away from said cities.

Mortgage penalty explained

In Canada, when you pay-off your mortgage early, lenders have the right to charge you a penalty for doing so. Mortgages are a huge business here, and even with low-interest rates, lenders are turning massive profits.