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Tag: mortgage qualifying

Your Notice of Assessment Is The Most Important Paper You Get Each Year. 

Your Notice of Assessment Is The Most Important Paper You Get Each Year. 

Do you know where your last Notice of Assessment (NOA) is filed? If you are like most Canadians, you either stuffed it in the back of a drawer somewhere or recycled it after you checked the amount of your tax refund. Here are 5 reasons you should keep track of it:  If you cannot locate

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First-Time Home Buyer Incentive

First-Time Home Buyer Incentive

What is the First-Time Homebuyer Incentive? The Government of Canada offers a shared equity mortgage (loan) as a first-time home buyer incentive.  There are no ongoing payments or interest paid on the incentive, but the loan must be paid back within 25 years or when the property is sold, whichever occurs first. How does the

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5 Questions to Ask About Closing Details When Buying a Home

Any/all property transfer tax exemptions are subject to meeting all the requirements set out by the Government of B.C., and it’s best to confirm eligibility with either the Government of B.C. and/or a solicitor of your choosing The Auxilium Team offers a complimentary consultation to start your home buying process; contact us today at 250-590-6520

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What Can You Do to Combat Rising Interest Rates?

What Can You Do to Combat Rising Interest Rates?

Have you been wanting to purchase a home, or trying to refinance your current home, but don’t think you can qualify with the new rates?  Inflation has increased dramatically, making it seem impossible for Canadians to do so. Going to your local bank for help is fine, but isn’t it better to get advice from

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