Another Interest Rate Hike - Should you lock in?
Posted on Apr 14, 2022 in Resources
The Bank of Canada hiked interest rates today by 0.50%, this is the biggest hike in over 2 decades (usually it's always been in increments of 0.25%). Many clients are in panic mode. Past clients are asking if they should lock in their variable to a fixed, and new clients are asking if they should take a fixed rather than a variable though rates are...
4 Key Uses of a Home Equity Line of Credit
Posted on Apr 11, 2022 in Resources
With a HELOC, you have direct access to funds in your bank account. You really shouldn’t be using these funds irresponsibly to buy a trip to Europe or designer shoes.
Investors typically use their HELOC funds for the following purposes:
- Home Renovation - to increase the market value of their homes
- Debt Consolidation - moving high interest credit card...
What is a Home Equity Line of Credit?
Posted on Apr 02, 2022 in Resources
What is a Home Equity Line of Credit?
One of the biggest perks of homeownership is the ability to be able to access up to 80% of the equity built up in your home. A home equity line of credit or “HELOC” is secured against the value of your home equity and acts as a revolving source of funds, much like a credit card, that you can access when you choo...
BC Speculation and Vacancy Tax: Deadline March 31, 2022
Posted on Mar 29, 2022 in Resources
All owners on title must each make a separate declaration. Do this online via gov.bc.ca/spectax.
What is Home Equity?
Posted on Mar 28, 2022 in Resources
Let's do some math. Let's say that the value of your home is $1,000,000 in Vancouver. That means probably a two bedroom condo. You have currently $300,000 le...
Sales Achievement Award 2021
Posted on Mar 07, 2022 in Resources
A huge THANK YOU to my clients, business partners, friends, realtor colleagues, family, coach, and mentor for helping me reach another milestone in my career in 2021.
Looking forward to another year of great changes and growth in 2022!
