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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

As of May 3rd, 2021, new updates to the Canada Mortgage and Housing Corporation (CMHC)’s First-Time Homebuyers Incentive have come into effect. Victoria is now one of the few cities that has been given enhanced eligibility criteria to help you qualify for a lower monthly mortgage payment. First-time homebuyers, we have great news!

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Selling Your Home Due to a Divorce

Eppraisal

Your real estate agent or an appraiser can help guide you on pricing the home. That person will also have to be approved for a mortgage based on his or her own income, credit and other financial considerations. Be sure the attorney you choose also specializes in real estate law.