Buying a new construction home can have many benefits, and it’s definitely worth considering if you’re looking for a new home. Like all things, however, you will need to watch out for certain things when buying new construction.
First, let’s go over the benefits of new construction. Because new construction homes are built to the latest specificatio...
For many buyers, closing costs can seem complicated. Buying a home itself is already such a large, complicated purchase, and when closing costs and terms like “recurring” and “non-recurring” are thrown into the mix, it’s easy for buyers to get overwhelmed.
Let’s go over recurring and non-recurring closing costs so you understand closing costs when i...
For many people, real estate investments are a key strategy to grow wealth and get set up for success. As I always say, there’s a reason why all of those millionaires and billionaires have strong real estate portfolios. There are many tax advantages, allowing you to keep more of your wealth, including the capital gains deferral and deduction of ope...
The economy and the real estate market have both shifted, and that’s made some people nervous about the future of real estate. Because we saw so many home sales in 2020 and 2021 during what was a good time for the economy and the real estate market, there are worries that a flood of foreclosures is on the horizon. But are thousands of foreclosures...
If you want to successfully become a homeowner, getting pre-approved is one of the best first steps you can take. But sometimes buyers, especially first-time homebuyers, think that getting pre-approved is just another random thing to do.
Getting pre-approved is anything but something random or optional. In fact, it’s a key step to finding the right...
A new homebuyer protection period will protect people in B.C. looking to buy a home from being pressured into high-risk sales.
The period is the first of its kind in Canada and marks the first key action the Province is taking based on the B.C. Financial Services Authority’s (BCFSA) report on ways to o...