2023 brings with it the start of Canada’s new foreign buyers ban which came into effect on January 1st. Originally passed in June of last year, this ban is intended to help ease the high prices and housing affordability struggles that we have been seeing
As many of us are aware, amendments to the Strata Property Act were passed late last month. These changes remove rental restrictions in strata properties along with most age restrictions, creating opportunities for investors looking to purchase a rental property. If you were thinking about
With the housing market cooling off a little, and house prices coming down; Senior Broker Dave Saran sees an opportunity for first-time buyers to get into the market and purchase their first home. “At Browne Mortgage, we see a lot of first-time buyers who think
The 2022 federal budget announcement could be changing things for homeowners and prospective buyers alike. New measures are in place to address the high prices and the low number of homes available for sale. This trend has seen many prospective buyers priced out of the
Is it just us or does anyone else feel like there were a few things that would’ve been very helpful to know when making the transition from high school to adulthood? Once you’re out on your own you quickly learn about responsibilities you didn’t know
Process of purchasing a foreclosed house The original offer for the foreclosed home goes in and is reviewed by the foreclosing company. If the offer is accepted a court date will be set for any additional parties, to put a bid on the property. Once
When it comes to purchasing a former grow-op home, mortgage financing can be tricky. Here are five important facts you should know in advance: Fewer lenders will finance former grow-ops. Credit unions seem to be slightly more lenient when it comes to securing a mortgage,
As Fraser Valley Mortgages Brokers, we’ve decided to give you all an easy read on everything you need to know about B-lenders & Private Mortgages. Most of us are vaguely aware of private mortgages, although B Lender Mortgages & Private Mortgages are the fastest-growing segments
