January 2016

Nervous about buying in today's heated market?

Posted on Jan 29, 2016

Buying in today's market is tough as the inventory is low and the demand is high. Negotiating a longer closing date with the option to move the dates up once a home is found may be one way to protect yourself. Another option is buying a new build. Our team drove around the lower mainland this week looking for affordable developments with a surplus...

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Frustrated trying to buy in today's market?

Posted on Jan 22, 2016

Many homes are selling with multiple offers substantially over asking price.  If the bank approves you for $600,000.00, it may be best to maximize your search to $550,000.00 so you can compete aggressively and WIN!.  Contact us and let us create a strategic plan for success. 

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10% Down payment required as of February 15th, 2016

Posted on Jan 13, 2016

Buyers will need to put a minimum of 10% down when buying real estate after February 15th, 2016. If you are purchasing a home priced at $500,000.00 or less it remains unchanged at 5%. Any amount over $500,000.00 will be at a 10% rate. For example, a $685,000.00 home will now require 5% up to $500,000.00 and 10% for the $185,000.00 balance. The tota...

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