June 2017

Cost Saving Programs

Posted on Jun 13, 2017


Click on the image below to download the full PDF version.


1. BC Home Owner Down Payment Assistance Program      

Offers qualifying first-time buyers with a down payment loan of up to 5% of the purchase price to a maximum of $37,500 on a home priced up to $750,000. The loan is interest-free and payment-free for 5 years. Then buyers can repay their loan or...

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FAQ - Deposits

Posted on Jun 13, 2017

Q: How do deposits work? How much will I need?

A: The deposit is submitted once your offer is secured on a property. The terms of the deposit (amount and due date) are negotiable aspects of the offer you submit on a property. The amount of your deposit varies depending on the value of the property and whether or not there are other competing bids, m...

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FAQ - Closing Costs

Posted on Jun 13, 2017

Q: What other fees will I run into when buying a home?


A: Despite today's attractive mortgage rates and selection of homes from which to choos, you should keep in mind closing costs in addition to your down payment.

These various charges can add up and, for the most part, they are all legally required payments in buying a property. These payments inc...

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Working with a Realtor

Posted on Jun 13, 2017

The relationship between agents and their clients can seem complex, this brochure* will help shed a little light on the subject.

Click image to download a pdf version.





*This version of the Working with a Realtor Brochure is current as of June 13, 2017.  Please contact your agent to see if a newer version is available
 This blog/web site is made availab...

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FAQ - How do commissions work?

Posted on Jun 13, 2017

Q: When I buy a house or condo will I have to pay the realtor out of my own pocket?

A: The simplest answer is NO. Of course there are exceptions to every rule and you should contact a Realtor for more details. But in your average real estate transaction the commission comes from the proceeds of the sale paid to the Seller of the property. As a Buyer...

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FAQ - Why use an Agent?

Posted on Jun 13, 2017

Q: What are the benefits of working with a Real Estate Agent

A:  Below are nine examples of how agents help when purchasing a home:

1. Work with a professional for peace of mind.

As a real estate agent Mike Vanderkruyk adheres to a strict code of ethics and is committed to ongoing education. He has an intimate knowledge of sales and trends in the local...

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