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Read more on Understanding Home Foundations: A Guide to Keeping Your Home Strong and Safe
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Understanding Home Foundations: A Guide to Keeping Your Home Strong and Safe

When we think about home foundations, we’re talking about the very backbone of a property. Foundations ensure the structural stability of the home, protecting against the elements and providing lasting support. Whether you're buying, selling, or simply maintaining a home, understanding the basics of foundations is essential. Here’s everything you need to know to spot…

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Read more on Understanding Strata Depreciation Report Changes: What BC Homebuyers Need to Know
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Understanding Strata Depreciation Report Changes: What BC Homebuyers Need to Know

If you're in the market for a strata property in British Columbia, you'll want to be aware of some important changes coming to strata regulations, particularly around depreciation reports. These changes are designed to improve the long-term maintenance and financial planning of strata buildings, making it crucial for homebuyers like you to stay informed. Let’s…

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Read more on Vancouver’s Iconic Views and Urban Growth: City Council Updates “View Cones” Policy
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Vancouver’s Iconic Views and Urban Growth: City Council Updates “View Cones” Policy

In a significant move towards urban development, Vancouver City Council has voted to update and, in some cases, remove certain "view cones"—policies that have long limited building heights to protect the city's renowned mountain and ocean views. This decision marks a shift in how Vancouver balances its scenic beauty with the growing demand for housing,…

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Read more on B.C. Amends Notice Periods for Tenants and Homebuyers: A Balance Between Tenant Rights and First-Time Buyer Accessibility
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B.C. Amends Notice Periods for Tenants and Homebuyers: A Balance Between Tenant Rights and First-Time Buyer Accessibility

In a bid to strike a balance between the needs of first-time homebuyers and tenant rights, the Province of British Columbia has announced a significant amendment to the Residential Tenancy Regulation. As of August 21, 2024, the personal use-notice period for home purchasers in B.C. will be reduced to three months, down from the previously…

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Read more on Navigating the New Changes in the Residential Tenancy Act: What Buyers and Sellers Need to Know
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Navigating the New Changes in the Residential Tenancy Act: What Buyers and Sellers Need to Know

On July 3, 2024, the Provincial Government announced significant amendments to the Residential Tenancy Act, set to take effect on July 18, 2024. These changes are designed to protect residential tenants from unjust tenancy terminations and have considerable implications for both buyers and sellers of tenant-occupied properties. Here’s a comprehensive guide to help you navigate…

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Read more on New Mortgage Policies Aim to Make Homeownership More Affordable
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New Mortgage Policies Aim to Make Homeownership More Affordable

In a move praised by advocates, the federal government announced significant changes to mortgage rules aimed at making homeownership more affordable for Canadians. Speaking in Toronto, Finance Minister Chrystia Freeland revealed that starting August 1, the government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. This is a…

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Read more on Revamping PTT Exemptions and New Flipping Taxes
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Revamping PTT Exemptions and New Flipping Taxes

Enhancing Housing Affordability in British Columbia: A Closer Look at the 2024 Budget Initiatives In an ambitious move to address the growing concerns over housing affordability, the British Columbia (BC) government has unveiled key initiatives in its 2024 budget that promise to reshape the housing market landscape. Amidst these initiatives, two critical changes stand out:…

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