Monthly Archives: January 2013

//January

How are Property Taxes adjusted when you buy a home?

Adjustment of Annual Property Taxes

Most homeowners are aware that Property tax bills are issued in May and are due on July 1st. Many people assume that since property taxes are due on July 1st that they are adjusted based on that due date (i.e. July 1st, 2013 – June 31st, 2014). This is not the case. Property taxes in British […]

By | 2013-02-21T17:01:46-07:00 5:05 pm|Conveyancing, News and Updates, Taxation|

1st Time Home Buyer – Cutting Through the Confusion

People often call our office asking if they qualify as a First Time Home Buyer. Simple question right? Not exactly.

Why are so many buyers, realtors and lenders confused by the definition of a 1st time homebuyer? The short answer is that there hasn’t been a consistent definition. The various bodies that make the rules, whether that be the Provincial Government, […]

By | 2013-02-21T17:01:55-07:00 9:26 pm|News and Updates|