Thinking About Using RRSP’s for a Down Payment?

Posted by & filed under Buying in Kelowna, CREA.

Did you miss this announcement? On August 12, 2015 Prime Minister Stephen Harper announced an increase to the Home Buyers’ Plan (HBP) withdrawal limit from $25 000 to $35,000. “The Home Buyers’ Plan has helped so many Canadian families realize their dream of home ownership,” said CREA President Pauline Aunger. “Today’s commitment to increase the… Read more »

Considering purchasing a home on native land? Read this…

Posted by & filed under Buying in Kelowna, New Developments.

Today we will dive into Leasehold properties and explain how Leasehold works in relation to the Westbank First Nations (WFN) and buying Kelowna real estate. When purchasing property in BC, there are a few different classifications of property: Freehold and Strata are the most popular with Leasehold Property coming up shortly after. Background: In the… Read more »