Aman Nanda

Understanding Deposits vs. Down Payments in BC

Deposit vs Down Payment in BC Real Estate

Deciphering Real Estate Transactions: Deposit vs. Down Payment Demystified Understanding the Nuances and Financial Significance Curious about the disparities between real estate deposits and down payments? You’re not alone. In the realm of property transactions, distinguishing between these terms is paramount. Let’s embark on a journey to demystify these concepts and grasp their financial implications. […]

Canada’s Game-Changing Move to 30-Year Mortgage Amortization for First-Time Buyers

  Unlocking Homeownership: Canada’s New 30-Year Mortgage Amortization In a move aimed at reshaping the landscape of homeownership in Canada, the government has announced a significant policy change: extending mortgage amortization to 30 years for first-time buyers of newly built homes. Set to take effect on August 1, this initiative marks a pivotal moment in […]

Guide to BC’s Speculation and Vacancy Tax: What You Need to Know

  Unlocking the Secrets of BC’s Speculation and Vacancy Tax: A Complete Guide Introduction BC’s Speculation and Vacancy Tax play a vital role in the province’s taxation landscape. Designed to ensure fair contributions from property owners, particularly targeting vacant properties, it’s essential to understand its nuances for compliance and peace of mind. Understanding Tax Rates […]