A common question among people buying a new condo is whether the building is concrete or wood-frame. A good rule of thumb up until this point has been that if the building is four storeys or less then it is wood frame and five storeys or more it is concrete. This rule holds true [...]
After many trips to the city and hours of surfing their websites I still find it difficult to quickly locate the information that I need. Over the next few weeks I will be putting together packages for all the cities and municipalities that allow secondary suites so that it is very easy for you, the [...]
February 1st 2011 VREB
The number of property sales throughout Greater Victoria showed little movement in January while overall prices remained stable. A total of 339 homes and other properties sold in January through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), down slightly from the 349 sales in December. There were 418 sales in [...]
The New Regulations Countdown
In less than seven weeks, 35-year amortizations will disappear on High ratio insured mortgages. At the same time, the limit on insured refinances will drop to 85% LTV (from 90%). – NOTE : This does not affect new 5% down purchases just refinances
Borrowers have no later than Thursday, March 17 to arrange [...]
