Before you cancel or walk away from a deal
Before you cancel or walk away from a deal I will highlight some situations and times when hopefully I may be able to help you with your mortgage financing when you are not getting the answer you would like with your current path. You may be getting told that “they” are having “issues” approving you [...]
Property Transfer Tax Calculation Tool – Vancouver, BC
Property Transfer Tax (PTT) Calculation Tool – Vancouver, BC I have put together a spreadsheet where you can enter the purchase price of the home you are buying and it will calculate the corresponding property transfer tax amount you will need to pay at closing. The worksheet also indicates when full or partial exemption of [...]
Why NOT To Lock-In A Variable Rate Mortgage
Why NOT To Lock-In A Variable Rate Mortgage Choosing between a variable rate and a fixed rate mortgage is an important decision. There will also always be merits for choosing either at any point in time. This why I believe that the rate type (fixed vs. variable) one selects should be best matched against the [...]
Consider A Shorter Term To Save With Your Mortgage
Consider A Shorter Term To Save With Your Mortgage Once you have answered the question whether to go with a fixed or variable rate, and if you have chosen to go with a fixed mortgage rate, do not automatically assume you should select a five (5) year term. Terms shorter than five (5) years can [...]
Thinking about a loft?
Thinking about a loft in Vancouver? Lofts are great spaces and ideal in many ways for their unique floor plans, open living, and of course the high ceilings and large windows they provide. This post is a simple note that if you are thinking about buying or selling a loft property, you may require bit [...]