Budget 2018 | British Columbia

Budget 2018 | British Columbia

The BC Government released Budget 2018 today. As it relates to housing, the government made changes to the foreign buyers tax, and added a new speculation tax. Foreign Buyers Tax – This is really an enhancement to the tax that is already in place, effective...
Deposit vs Downpayment

Deposit vs Downpayment

As part of the mortgage and real estate processes, there’s a lot of confusion around the differences between the deposit and the downpayment. It’s important to understand what sets them apart so you don’t get confused when it’s time to secure financing on a...