August 2021

Don't get ripped off by unfair mortgage penalties!

Posted on Aug 17, 2021 in Newsletters

Mortgage penalties will be applied when you end or even need to change the terms of your mortgage before its due date.
 

HERE ARE SOME REASONS WHY HOMEOWNERS BREAK THEIR MORTGAGE

- You need money to renovate your home- There was a change of job- You are taking maternity leave- You got laid off- You are moving to a new home- You need the funds to start...

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6 Persistent Real Estate Myths You Really Need to Ignore

Posted on Aug 17, 2021

Whether you're a home-buyer or a seller, it pays to understand the real estate market if you want to get a good deal. Unfortunately, a series of bad ideas have grown up around real estate, which can get in the way of a smooth transaction for both sides.

Here are six of the worst myths you need to ignore.

1) Spring is the Busiest Season.

Traditionally...

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Tight real estate inventory and lower sales in July

Posted on Aug 04, 2021 in Newsletters

Victoria housing inventory continues to decline over summer months


August 3, 2021 A total of 835 properties sold in the Victoria Real Estate Board region this July, 14.7 per cent fewer than the 979 properties sold in July 2020 and 11.4 per cent fewer than the previous month of June. Condominium sales were up 18.8 per cent from July 2020 with 284 uni...

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