Property Transfer Tax Exemption Updates
Posted on Feb 29, 2024 in Information Videos
The real estate landscape in British Columbia is set to undergo a significant transformation, thanks to the recent announcements in the 2024 provincial budget. Among the key changes are updates to the Property Transfer Tax (PTT) framework, particularly affecting First-Time Home Buyers (FTHB) and those interested in newly built homes.
1. First-Time H...
BC Home Flipping Tax and What it Means for Real Estate
Posted on Feb 24, 2024 in Information Videos
Introducing the BC Home Flipping Tax: A Closer Look
In recent years, the British Columbia housing market has been a topic of concern, with soaring prices and limited affordability affecting many residents. In an effort to address these issues, the BC government has introduced the BC Home Flipping Tax, a new policy aimed at curbing short-term propert...
British Columbia Secondary Suite Incentive Program
Posted on Sep 21, 2023 in Information Videos
Exciting News for BC Homeowners!
Starting in April 2024, the Province, through BC Housing, is launching the Secondary Suite Incentive Program (SSIP) to support homeowners in creating affordable rental units.
With SSIP, eligible homeowners can receive a forgivable loan covering 50% of construction costs for secondary suites or ADUs (attached or deta...
City of Nanaimo Bans Gas as a Primary Heat Source
Posted on Aug 30, 2023 in Information Videos
Have you heard the news!
Nanaimo City Council has voted to adopt the BC Zero Carbon Step Code which will come into effect July 1, 2024. The code sets a maximum greenhouse gas emission that new buildings, which includes newly built homes and small and large buildings, are allowed to emit. The code effectively bans the use of natural gas as a primary...
Navigating Real Estate Transactions in the Face of Wildfires
Posted on Jun 09, 2023 in Information Videos
Top Secrets for Working with a REALTOR in Parksville, Qualicum Beach and Nanaimo
Posted on May 24, 2023 in Information Videos
Are you searching for your dream home or looking to sell your property in the stunning coastal areas of Parksville, Qualicum Beach, or Nanaimo? Working with a REALTOR can be the key to a successful real estate journey. In this blog post, we unveil the top five secrets for collaborating with a REALTOR in these vibrant communities, ensuring a smooth...