Start here: Figure out what you need and set a goal! The amount you need for a down payment depends on the home, but it ranges from 5% – 20% of the purchase price.
(FYI at the time of writing a quick search in Oliver shows 8 single family homes under $500,000, 1 Townhouse, 5 apartments and 9 mobile homes all under $500,000)
THE LAW IS CHANGING, KNOW YOUR RIGHTS AS A BUYER AND A SELLER, HOW THIS EFFECTS YOU
The Home Buyer Rescission Period or “HRBP” comes into effect January 1, 2023 as per the Property Law Act. This has been commonly called the "Cooling Off Period".
This change in legislation provides buyers with an opportunity to rescind or take back their offer to purc...
Fall is sometimes the most divisive month! But why?
Some of us love to pull on woolly sweaters, crave chili, squash and yes, even pumpkin spice… everything! Others dread the end of the long hazy days of summer and the approach of cooler, crisper days.
Wherever you “fall” on this very important question, now is a good time to save yourself some money...
The Real Estate market in the South Okanagan has adjusted from this spring’s red hot market, this is true.
However the market is still strong, it is now a
balanced market.
This is in part due to government efforts to slow the market down, and in part due to the fact that August is traditionally a slower month. There has always been a seasonal and cy...