BC government to offer down payment loans for first-time buyers

Premier Christy Clark unveiled a new loan program today to help first-time home buyers come up with their down payment. The BC Home Owner Mortgage and Equity (HOME) Partnership program will offer qualifying home buyers loans of up to $37,500, interest and payment free, for five years. The province will begin accepting applications on January… Read More BC government to offer down payment loans for first-time buyers

Canada Revenue Agency Cracks Down on Real Estate Tax Cheats

Recently there is an article in the South China Morning Post about secret briefing and auditors being assigned to investigate purchases funded by unreported foreign income in our housing market. Whether the details of the leaked briefing are true or not, the fact remains that the CRA is, and has been actively monitoring and auditing real estate… Read More Canada Revenue Agency Cracks Down on Real Estate Tax Cheats