Are you shopping for a new home, town home or apartment?

Irina Bartnik Notary Public • July 15, 2019
the importance of proper Financing approval

I cannot stress enough the importance of proper Financing approval, prior to you shopping for the new home.

One of the reasons why it is important is to know who is going to be going on the Mortgage. The reason why it is important is because whoever is approved for the mortgage has to be on Title of the home as well. Any whoever is going on title has to sign the original offer of purchase and sale.

It sounds pretty simple and makes total sense, right? And yet, so many times we are dealing with spouses who are not on the contract, or bank asking to add parents to the Mortgage at the very last moment. It is very difficult and sometimes cost extra money to add people to the contract after the contract is signed.

If you put too many people on the contract and now only one of you is listed on the mortgage, the contract has to be changed as well.

I hope that you will have great House hunting/ buying experience.

Sometimes we need to smile.

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A Market made for Buyers is missing... Buyers.

By REM Editorial Team • April 16, 2025
Homebuyers in Metro Vancouver are sitting on the sidelines despite market conditions tipping in their favour, according to the latest data from the Greater Vancouver Realtors (GVR). Residential home sales in March 2025 totalled just 2,091—down 13.4 per cent from March 2024 and 36.8 per cent below the 10-year seasonal average. It marked the slowest March for sales since 2019. Active listings climbing to highest levels seen in a decade At the same time, active listings reached levels not seen in nearly a decade. New listings for detached, attached and apartment properties were up 29 per cent year-over-year to 6,455—a 15.8 per cent increase over the 10-year average. Total active listings on the MLS reached 14,546, up 37.9 per cent compared to March 2024 and 44.9 per cent above the seasonal average. “If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” said Andrew Lis, GVR’s director of economics and data analytics. “Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS than we’ve seen in almost a decade.”  Read More
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