BC Speculation and Vacancy Tax- What you need to know

By: Jody Miller

BC Speculation and Vacancy Tax- What you need to know

Tags: BC Speculation Tax, BC Vacancy Tax, Real Estate British Columbia, Real Estate Kelowna, Market

  You have probably heard the term "BC Speculation and Vacancy Tax" on the news or online for quite some time now. But do you know what they are? As of Fall 2018, the BC Government introduced the SV Tax as part of a 30 point plan to make housing more affordable, and to free up vacant homes for renters and buyers who actually want to live in BC. The Tax will target p...Read More

It's Tax Assessment Time!

By: Jody Miller

It's Tax Assessment Time!

Tags: Tax Assessment, information, advice, what to expect

  It’s that time of year again… everyone is opening their letters from BC Assessment with their fingers crossed wondering how their taxes will change in the coming year. Let's start with the basics: What is a property assessment? Each year the BC Assessment updates the assessed values of properties within the province. These assessments along with the City's ...Read More

Happy New Year 2019 / Market Update

By: Jody Miller

Happy New Year 2019 / Market Update

Tags: New Year, Homes for Sale, Tax Assessment, Selling in Spring

  Happy New Year!  It's hard to believe that it is already 2019... I hope everyone had an amazing Christmas and New Years Eve surrounded by friends and family and enjoyed lots of good food. Sadly, all holidays must come to an end, and the start of the new year means new years resolutions, diets, and work...  As people slowly get back into work mode and sta...Read More

What Canadians should do to increase their net worth

By: Jody Miller

What Canadians should do to increase their net worth

Tags: Net worth, money, financial advice, money guide, financial goal setting

Lesley-Anne Scorgie is a Canadian bestselling author and founder of MeVest, a money school that helps Canadians reach their financial goals. The link below takes you to an article featured in the Globe and Mail that is from one of Scorgie's bestselling books "The Modern Couple's Money Guide." It outlines 4 MAJOR TIPS to help you increase your net worth.  https://w...Read More

What is the Property Transfer Tax & do I need to pay it!?

By: Jody Miller

What is the Property Transfer Tax & do I need to pay it!?

Tags: BC property transfer tax, new tax, information, buyers, sellers, government of BC

  When you purchase or gain an interest in property that is registered at the Land Title Office, you're responsible for paying property transfer tax and filing a property transfer tax return.  In most cases, property transfers are completed by a legal professional. Taxable transactions include: -Transfer of fee simple -Right to purchase or agreement for sale -Lease...Read More

How much will buying a home cost me?

By: Jody Miller

How much will buying a home cost me?

Tags: Buyers, buying a house, unexpected costs, closing costs, legal fees, first time home buyers, information

  Once you have been approved for your mortgage and have your down payment lined up, you may think that you are done worrying about finances. However there are some costs associatiated with buying a home that many people dont plan for... Some of these unexpected costs will be due at the beginning of the home-buying process, and others will be due after closing. Listed below are some of...Read More

OMREB November Market Statistics

By: Jody Miller

OMREB November Market Statistics

Tags: Kelowna market, okanagan, housing market, house prices, buyer, sellers

Government Intervention and Time of Year Slow Local Residential Market     KELOWNA, B.C. – December 4th, 2018. November saw residential sales posted to the Multiple Listing Service (MLS®) drop to 459 for the Peachland to Revelstoke region, a 28% decline from the previous month and 24% fewer sales than this time last year reports the Okanagan Mainline Real Estate Board (OMREB)....Read More

BC Home Partnership Loan- OLD BLOG (No longer offered)

By: Jody Miller

BC Home Partnership Loan- OLD BLOG (No longer offered)

Tags: Financing, first time home buyer, house for sale, money, banking, financial aid

The BC Home Owner Mortgage and Equity Partnership (BC HOME Partnership) assists British Columbia residents who are eligible first-time homebuyers by providing repayable down payment assistance loans.  The BC HOME Partnership Loan contributes to your personal down payment, up to a maximum of five per cent of the purchase price. You need to ensure that the amount of your personal down payment,...Read More

Decorate your home for less - tips & tricks to save $$$

By: Jody Miller

Decorate your home for less - tips & tricks to save $$$

Tags: Interior design, decorating, diy, home improvement, real estate, home value, easy, save money

Tip # 1: Showcase collectables- decorating your home with white jars and containers is becoming quite the trend, and it is easy to see why. The clean white color can really brighten up a space. Get this look for less by using a few originals you may have acquired from family or friends and pair them with less expensive similar items like this white platter from Walmart: https://www.walmart.ca/en/i...Read More

8 things you will LOVE about the Okanagan

By: Jody Miller

8 things you will LOVE about the Okanagan

Tags: Okanagan, Kelowna, real estate, Kelowna market, climate, what to expect, moving, activities, weather

     1. The weather If you are looking to move to the Okanagan from almost ANYWHERE else in Canada, you may be looking to move because your tired of living in the pouring rain or blistering cold 90% of the year. If you are moving from anywhere else in the world, I’m not sure what you are used to, but you must be moving for a reason… Living in the Okanagan is going to be...Read More