We’ve all heard the theory that property prices in BC are being driven up by ‘all the foreign buyers’, but the data released yesterday just doesn’t support that theory. According to the Province, only 3.3% of purchases in BC between June 10th and June 29th involved foreign nationals. That number is no doubt surprising to many, but if you’ve been… Read More »
Subject-free purchase offers are stressful
Came across an interesting article on the Globe and Mail about the risk of making a purchase offer with no subjects (link below). From our perspective, being responsible for arranging the purchase financing, these are the most stressful types of deals. Even if you know the client’s income and credit are great, there’s always the chance that the lender won’t… Read More »
Federal Budget 2015
The Federal budget 2015 was released today. If you’re curious about the highlights, you can find a great round-up of articles discussing the details here: //www.moneysense.ca/tag/budget-2015