2 Year Buyer Ban In Canada

Posted on Jan 16, 2023

Next time whenever you think about moving abroad, just keep in mind that a new law has been passed in Canada that might make you change your mind. According to the 2 year buyer ban in Canada, a foreign investor cannot invest in property for 2 years. However there are many exceptions to this rule but we will come to that later. The first question is...

Read More

How To Invest In Real Estate Without Buying Property? 8 Ways

Posted on Dec 26, 2022

Investment in real estate is typically thought to need large financial outlay. The absence of such a sum, however, may not always reduce the chances of investing in the industry. With new trends gaining traction in the market, there are now a number of alternatives that are answer to "How to invest in real estate without buying property". So, here...

Read More

Housing Market Update In Kelowna (Okanagan) 2022

Posted on Nov 02, 2022

In the housing market in Kelowna in 2022, seller's market will continue, with prices rising by 9%.

In 2022, the Kelowna housing market is predicted to persist in seller's market due to a limited supply of homes. In particular, there is a chance that the market may witness a flurry of buyers rushing to buy in the new year because of the advantage of...

Read More

Mortgage Pre-Approval Process in British Columbia

Posted on Jan 04, 2022

What is a mortgage preapproval?

When looking for a mortgage, you can contrast the possibilities provided by various lenders.

The procedure used by mortgage lenders may let you:

  1. know the largest mortgage you could get approved for, 
  2. calculate your monthly payments, and 
  3. lock in a rate for 60 to 130 days, depending on the lender.
The mortgage preapproval pro...

Read More

Vernon FamilyHomes Market Update

Posted on Jan 03, 2022

More homes are being listed for sale despite lower sales and higher prices.

That describes the residential real estate market in the Vernon, Okanagan in August.

142 properties were sold in the North Okanagan last month, which is a 34% decline from a year earlier. At $739,000, the benchmark price for a single-family home has increased by 8%.

394 reside...

Read More