IS THE BC HOME PARTNERSHIP PROGRAM RIGHT FOR YOU?

IS THE BC HOME PARTNERSHIP PROGRAM RIGHT FOR YOU? BC HOMEThe BC HOME Partnership Program was created for first time home buyers who have good credit and good income but do not meet the requirements for a minimum 5 percent down payment. With at least 2.5% down payment the BC Home Partnership Program will allow […]

Banks go on appraisal alert in a volatile housing market

Several Canadian banks have been quietly re-evaluating their appraisal strategies amid increased worries about the accuracy of property values in a market deemed at risk of overheating. Lenders use a variety of techniques, including full appraisals, so-called “drive-by” appraisals based on the exterior of the home, and databases of market prices, to evaluate homes. The […]