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CIBC Ends Controversial Mortgage Program Targeting Foreign Income (35% down, no income verification mortgage)

As if the Canadian housing market needed another round of tightening, it appears CIBC is pulling the plug on it’s controversial mortgage program which targeted foreign Income. As first reported on Better Dwelling, CIBC has quietly notified its mortgage advisors the “Foreign Income Program” has ended. The program was replaced ...

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Three Lists To Make When Selling Your Home

When you put your property up for sale, you want to make sure that potential buyers get all the information they need on the features of your home and its surrounding area. If, for example, a buyer doesn’t realize there is a great school just a couple of blocks away, ...

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Trash the Trash

In most communities, garbage day isn’t every week. So, if you show your house on day five or six, there’s going to be some accumulation! Here are some things you can do before a viewing to make sure this situation doesn’t trash a potential sale. If possible, make sure all garbage ...

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When Choosing a Fixer-Upper Makes Cents

Some renovations can significantly increase the market value of a home. Others can cost more than you’ll ever get back. So, when choosing a “fixer-upper”, look carefully at the work that needs to be done. General painting, and bathroom or kitchen renovations typically increase the resale value of a house. “Invisible” repairs ...

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How do I appeal my property assessment?

Have you been caught off-guard by a double-digit percentage increase in your property assessment? Do you think the new number is higher than it should be? B.C. Assessment allows homeowners to appeal their new property assessment — but it must be filed by January 31. You can appeal your property assessment if you ...

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The latest property assessments are available now from BC Assessment, Greater Vancouver home assessments up 1-30% in 2018:

Homeowners across Greater Vancouver have seen their residences being assessed at values that are slightly higher than they were a year ago, according to BC Assessment data published January 2. The values posted this week reflect market value as of July 1, 2017. The total value of all Greater Vancouver properties ...

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Registration for Park West at Lions Gate is open now, please register here:

The new Lions Gate Village master planned community promises to be a vibrant, pedestrian-oriented neighborhood comprised of parks, greenways, convenience-based retail and residential living. Its unique location allows for easy access to Park Royal, Downtown and Stanley Park while it's setting near Capilano River provides unparalleled access to riverside hikes ...

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Getting your Professional Team Together

When preparing to sell your home, you may need to hire several professionals in addition to your REALTOR®. You may consider a plumber to fix a dripping bathroom shower, a home inspector to make sure there are no “issues”, and an attorney to handle all the legal matters. By hiring the ...

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Strong economy behind high demand for housing sales in B.C., report says

The B.C. Real Estate Association says a strong economy has pushed up demand and prices for housing in the province compared with last year. The association’s latest report says 7,731 sales were recorded by the Multiple Listing Service in November, a 20.4 percent increase from November 2016. The average price was $723,112, ...

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To Paint or Not to Paint

Painting the outside of your home traditionally takes more time and expense than a comparable area on the inside. You have to deal with ladders, more paint and, of course, the weather. So when preparing your house for sale, you don’t want to do any exterior painting unless it is ...

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