by baylan | Nov 17, 2017 | Finance, Local, Real Estate
The Blog Finance Local Real Estate New Year, New Mortgage Rules New Year, New Mortgage Rules Last year, the OSFI introduced mandatory stress tests for prospective home buyers who were required to insure their mortgage. The idea of these test was to measure whether or...
by baylan | Oct 16, 2017 | Local, Real Estate
The Blog Finance Local Real Estate Auction vs. Realtor Auction vs. Realtor Earlier this month, Kelowna made international news when a mansion previously listed at $6.5 million was put up for auction by Platinum Luxury Auctions. The 10,000 sq. ft. home, set on a scenic...
by baylan | Mar 14, 2017 | Finance, Real Estate
The Blog Finance Local Real Estate Foreign Buyer Taxation Changes Foreign Buyer Taxation Changes In 2016, a new form of taxation was introduced by the Canadian government in an effort to slow down the rapidly inflating Vancouver housing market, which saw large amounts...
by baylan | Oct 18, 2016 | Finance, Local, Real Estate
The Blog Finance Local Real Estate Reviewing Mortgage Regulations Reviewing Mortgage Regulations You may have heard that new mortgage regulations are coming to effect, and are probably asking how this might impact you as a buyer, seller, owner, or any combination of...
