Property Transfer Tax in BC Home Purchases
Posted on Apr 19, 2024 in Buyers Info & Facts
Rates of Property Transfer Tax:
- General Rate Structure:
- 1...
Newly Built Home Exemptions
Posted on Apr 19, 2024 in Buyers Info & Facts
Key Features of the Newly Built Home Exemption
- Eligibility:
- The exemption is available to anyone (not just first-time homeb...
What you Shouldn't Do when Buying a Home
Posted on Apr 15, 2024 in Buyers Info & Facts
When buying a home in British Columbia, there are certain actions and decisions that buyers should avoid to ensure a smooth and successful transaction. Here are some important "don'ts" for homebuyers:
- Don't Skip Pre-Approval: Avoid skipping the pre-approval process for a mortgage. Getting pre-approved helps you understand your budget, demonstrates y...
BC Home Buyer Rescission Period
Posted on Apr 15, 2024 in Buyers Info & Facts
FAQ on BC's Home Buyer Rescission Period
Posted on Apr 15, 2024 in Buyers Info & Facts
These 10 common Frequently Asked Questions, on the Home Buyer Rescission Period in British Columbia is a helpful way to clarify common questions and provide valuable insights for prospective home buyers. Here’s a detailed FAQ to guide you through understanding this important consumer protection mechanism:
1. What is the Home Buyer Rescission Period...
A Buyer's Costs in a Real Estate Transaction
Posted on Apr 15, 2024 in Buyers Info & Facts
When buying real estate, there are various costs that buyers typically incur throughout the process. These costs can vary depending on factors such as the property's purchase price, location, financing options, and legal requirements. Here are some common real estate buyer costs to consider:
- Down Payment: The down payment is a lump sum payment made...