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Recent Real Estate Advice and Resources

CMHC Admits Uncertainty Regarding Number of Foreign Investors

RESOURCE | BUYING Author: Kam Brar

http://auxiliummortgage.com/how-many-foreign-investors-own-condos-in-canada/

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How Many Foreign Investors Own Condos in Canada?

RESOURCE | MORTGAGES Author: Kam Brar

This past summer CMHC attempted to determine the percentage of condos in Canada that are owned by domestic investors. CMHC has however, admitted that the number of foreign condo investors is unknown.& ...

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A Million Dollar Whoops!

RESOURCE | BUYING Author: Kam Brar

A Florida builder is trying to figure out what to do after constructing a million-dollar, ocean-view home on the wrong lot.

https://www.youtube.com/watch?v=QzK5XoxH5H4&list=TLSj_o9tu19U786huuQQhh ...

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Canadians Paying down Mortgages Faster than Thought

RESOURCE | MORTGAGES Author: Kam Brar

https://www.youtube.com/watch?v=UB_BfdaWBik&list=TL_sVdBkBZXcRH76tvU_CD7h5i0iEI__dn

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Homeowners Paying down Mortgages Faster than Thought

RESOURCE | MORTGAGES Author: Kam Brar

A recent news report suggests that Canadian homeowners are paying down their mortgages faster than most think.   Read more read more

Home Sales Call for a Busy Fall

RESOURCE | BUYING Author: Kam Brar

Canada’s housing market is off to a solid start this fall, with new data pointing to a near-11 percent rise in sales for September compared to a year ago.

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The Sky Is Not Falling

RESOURCE | BUYING Author: Kam Brar

"Canadian concerns about a housing bubble are overblown in a country where credit growth is modest and the job market is stable."

https://www.youtube.com/watch?v=_owfyUyk-Os

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IRD: Interest Rate Differential

RESOURCE | MORTGAGES Author: Kam Brar

https://www.youtube.com/watch?v=kpeaIM2u5vg

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September 2014 Housing Starts in Canada

RESOURCE | BUYING Author: Kam Brar

According to Canada Mortgage and Housing Corporation (CMHC), the trend measure of housing starts in Canada was 197,747 units in September compared to 191,095 in August. The trend is a six-month averag ...

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Canadian Immigration: Who is Eligible in 2014?

RESOURCE | LEGAL Author: Kam Brar

While the last eight years have seen major changes regarding immigration laws, it’s no wonder there is so much uncertainly when it comes to who is eligible to immigrate to Canada. None the less, ...

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Calgary Market On Fire

RESOURCE | BUYING Author: Kam Brar

Calgary's resale housing market fell just short of setting a new peak for MLS sales in September as the city recorded its highest level of transactions since 2005.

http://www.youtube.com/watch?v ...

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Linking the Stock Market and Condo Sales

RESOURCE | BUYING Author: Kam Brar

While new condo sales have followed the general path of many economic variables over the past decade with various degrees of correlation, their close relationship to the stock market is attention wort ...

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CMHC No Change Eminent

RESOURCE | LEGAL Author: Kam Brar

https://www.youtube.com/watch?v=D0h6Gwkm1GQ&list=UUmCXwTcdQoj6r44KbLujT2Q

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Lock into Low Rates

ADVICE | BUYING Author: Kam Brar

https://www.youtube.com/watch?v=UIkER280yXw&list=UUmCXwTcdQoj6r44KbLujT2Q

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Taxing Vacant Housing = Affordable Housing?

RESOURCE | LEGAL Author: Kam Brar

https://www.youtube.com/watch?v=-idWMH0Kd1U&list=UUmCXwTcdQoj6r44KbLujT2Q

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Student Housing = Good Investment

ADVICE | BUYING Author: Kam Brar

https://www.youtube.com/watch?v=HjOroCYnd54&list=UUmCXwTcdQoj6r44KbLujT2Q

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Lululemon Loves Luxury: Founder's Mansion Assessed at $54.2-Million, No.1 in B.C.

RESOURCE | BUYING Author: Kam Brar

To make the top one per cent in Vancouver's market for single-family detached houses, a property needs to be assessed at more than $5.58-million. No. 1 on the list is Chip Wilson's waterfron ...

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When Moving Expenses Are a Tax Deduction, and When They're Not

RESOURCE | LEGAL Author: Kam Brar

If you moved this year, you may be entitled to write off your moving expenses on your tax return, you might also be able to write off the cost of... http://auxiliummortgage.com/when-moving-expens ...

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FAQ: Asbestos

RESOURCE | BUYING Author: Kam Brar

Whether you’re testing for asbestos or hiring a contractor to deal with the removal, this FAQ covers everything you’ll need to know when it comes to dealing with the hidden killer.

Read m ...

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Making an Offer without Subject to Financing

ADVICE | BUYING Author: Kam Brar

It's extremely important to make sure you and the property can meet all requirements before making an offer without subject to financing. 

https://www.youtube.com/watch?v=by9fpMuNnRo&fe ...

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Building Permits Increase

RESOURCE | BUYING Author: Kam Brar

The market is hot as building permits rise 11.8% nationwide.  https://www.youtube.com/watch?v=VzE_jL_zsww read more

Brokers Rejoice Over Policy Change

RESOURCE | BUYING Author: Kam Brar

Brokers are pleased to hear that more transparency will finally be required of their major bank competitors.

“Transparency is very important to the consumers as they can make an informed decisi ...

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Europe Housing Bubble Burst

RESOURCE | BUYING Author: Kam Brar

https://www.youtube.com/watch?v=ouky32aZIos&feature=youtu.be

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Older Homes, Older Systems: Understanding the Material Risks

ADVICE | BUYING Author: Kam Brar

Knowing a home’s original age is only a starting point to anticipating potential concerns. Not all older homes are going to have issues, but the probability of identifying deficiencies ...

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Canada vs. United States: Comparing the Household Sector's Net Worth, 1970 - 2012

RESOURCE | BUYING Author: Kam Brar

According to a study released today in the Economic Analysis Research Paper Series, Canadian household net worth per capital reached 77 percent of the United States’ level in 2012.

The rep ...

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35 Questions to Ask When Buying a Home

ADVICE | BUYING Author: Kam Brar

1. How do I know if I’m ready to buy a home?

The best way to determine if you’re ready to buy a home is by asking yourself these important questions.

Do you have steady employment that ... read more

Condos for Cash

RESOURCE | BUYING Author: Kam Brar

A recent survey by Canada Mortgage and Housing Corporation (CMHC) discovered that nearly one in fivecondominium owners in Vancouver and Toronto have purchased additional inves ...

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The 20 Do's and Don'ts For Buying Your First Home

ADVICE | BUYING Author: Kam Brar

Buying your first home can be the single most exciting experience, but it can also be the most terrifying. This is because there are a ton of factors to consider when settling down, and overlooking ev ...

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The Real Estate Process: After the Deal is Signed

RESOURCE | BUYING Author: Kam Brar

On the surface, buying, selling and refinancing (mortgaging) of real estate seems relatively straight forward and simple. Why then, is it so complicated? Why does it require the involvement of Realtor ...

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Lawyer vs .Notary Public: What's the Difference?

RESOURCE | LEGAL Author: Kam Brar

British Columbians are some of the lucky few in Canada who have a choice when it comes to selecting their legal representative to complete their purchase, sale, or refinance transaction. They hav ...

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