A Quick Primer on Home Equity

A Quick Primer on Home Equity Once you own a home that you bought with a mortgage, you will have home equity. But what is home equity, what can you do with it, and what do you need to be careful about? What is home equity? Home equity is the difference between the market value of a home and any outs

How Do Interest Rates Affect Home Buying?

How Do Interest Rates Affect Home Buying? What are interest rates and how do they work? An interest rate is the percentage of a loan that is paid in addition to the principal amount. This amount is paid to the lender to compensate them for the use of their money. The interest rate for a loan is typi

The Winter and Your Heating System

The Winter and Your Heating System. When a few cold days add up to months, it's time to start thinking about your heating system. A home's heating and cooling systems are essential and they're built to last. Still, the wear and tear of long winters, especially here in British Columbia, can have a la

What You Need To Know If You're Moving Into a Smaller Home

What You Need To Know If You're Moving Into a Smaller Home. People downsize for a variety of reasons and they don't all face the same challenges. Before we go into what challenges you may encounter when you move into somewhere with less square footage, let's take a look at why some people sell a lar