Taking the Plunge? Understanding BC's Homebuyer Rescission Period
Posted on Oct 28, 2024 in First Time Home Buyers
Imagine this: You’re at an open house, and bam—you fall in love. The kitchen? Perfect. The living room? Cozy. The view? Chef’s kiss. You’re already picturing where the couch will go, and before you know it, you’ve signed the papers.Then, later that night, the what-ifs start creeping in: What if I acted too fast? What if there’s a leak? What if the...
Leasehold vs. Freehold: Decoding Property Ownership in BC
Posted on Oct 21, 2024 in First Time Home Buyers
If you're house-hunting in BC, you'll likely run into two types of property ownership: freehold and leasehold. They’re a bit like different flavors of ice cream—they might look similar, but each has its own distinct twist.The Basics: Freehold vs. Leasehold
- Freehold: You own both the land and the structure. It’s yours, no strings attached, and you ha...
