Bank of Canada maintains policy rate, continues quantitative tightening. Variable mortgage rate holders breathed a sigh of relief today as the Bank of Canada held it’s policy rate at 4.5%. From the days of 1.0% in April 2022 it’s been a steep increase that has put pressure on families. Today’s ...
Continue ReadingHappy New Year! Welcome 2023! Lots of changes coming into effect this January, provincially and federally. Foreign Buyer Ban, New Home Buyer Rescission Period. Be in the know, sign up for my Monthly Market update! Julia Stauffer Macdonald Realty – West Vancouver 1575 Marine Drive, West Vancouver Direct Line: ...
Continue ReadingWhat is the Home Buyer Rescission Period (HBRP)? The HBRP, commonly known as a “rescission period,” gives buyers the right to withdraw from a purchase agreement within a specified period of time after an offer is accepted. Without a rescission period, if a buyer wishes to terminate an unconditional contract, ...
Continue Reading846 Anderson Crescent, West Vancouver This sale was very special to me. The home was designed by renowned Architect William Bow for his family in 1946 and the new owners plan to restoratively renovate it keeping all of it’s most beautiful features. It’s a win/win for both sides. A piece ...
Continue ReadingDo you know someone who’s thinking about options to age in place rather than moving to a Retirement Home? Apparently they are not alone. Interested in learning more about Reverse Mortgages for yourself, perhaps to buy a rental property or for a parent looking to stay in their home longer? ...
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