The Tax-Free First Home Savings Account The Federal Government is introducing a Tax-Free First Home Savings Account (FHSA), combining the idea of an RRSP and TFSA. You will be able to contribute up to $8,000 per year, to a total of $40,000. You will get a tax deduction benefit when you invest the money and […]
Buying or selling your home can be a complicated process. Having a Realtor protects your interests in the most efficient and helpful way possible. The best decision you can make is to hire a Realtor and here are some reasons why. Local Knowledge A knowledgeable Realtor will thoroughly understand the local real estate market. They […]
Nanaimo Real Estate Frequently Asked Questions BUYERS: Q: Should I talk to my bank about a mortgage before looking at houses? A: Yes. Getting a pre-approved mortgage lets you know exactly how much you can spend on a home. You don’t want to look at million dollar homes if you only qualify for $500,000.
Thinking of Buying a Home? Whether you’re buying your first home or your fifth, here are a few tips to get you started. GET MORTGAGE PRE-APPROVAL Talk to your bank to find out how much of a mortgage you can obtain. You’ll be required to provide verification of income, how much money you owe […]