First Time Home Buyers’ Program

The first-time home buyers’ program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home. If you qualify for the program, you may be eligible for either a full or partial exemption from the tax.

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Vancouver and Ladysmith Homeowner Grant Application Processes

You may have heard in the news that Vancouver has recently stopped accepting paper applications for the BC Homeowner Grant, moving instead to an online-only application process. This has caused concern that some people in the region lack either a computer with internet access or the computer literacy to easily complete the online application.[1] Here,…

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Property Transfer Tax

  Did you know that an important part of calculating closing costs when acquiring an interest in real property, is to understand and allow for Property Transfer Tax? When you purchase or gain an interest in property that is registered at the Land Title Office, you’re responsible for paying property transfer tax. Taxable transactions include:…

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Is It Better to Rent or Buy?

The choice between buying a home and renting one is among the biggest financial decisions that many adults make. But the costs of buying are more varied and complicated than for renting, making it hard to tell which is a better deal. To help you answer this question, these excellent interactive calculators take the most…

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10 Habits of Successful Real Estate Investors

Joint ventures, wholesaling and property management are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this competitive arena. While certain universities do offer coursework and programs that specifically benefit real estate investors, a degree is not necessarily a prerequisite to profitable…

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