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Question of The Week: What is Property Transfer Tax?

Property Transfer Tax is a tax you need to pay when you acquire property in British Columbia. It can be a hefty tax but they're exemptions for First Time Home Buyers, Spousal Transfers and some Family Transfers. Let us know is you have questions. https://youtu.be/gy1YKyzBf68

By |2020-02-21T21:46:35+00:00February 21st, 2020|Mortgage Advice, Question of the Week, Uncategorized|Comments Off on Question of The Week: What is Property Transfer Tax?

Top 5 Complaints from Strata Council’s

1)  Our Monthly Financials Are "Screwed Up!" Invoices not paid on time (late fees) Invoice paid without authorization Invoices not accrued in the right fiscal year Financial Statements unavailable for many months Expended money from the wrong trust (bank) account Strata Manager/Brokerage unable to answer questions regarding the financials Our Accounts Receivables are out of control

By |2015-10-19T11:45:51+00:00October 19th, 2015|Uncategorized|Comments Off on Top 5 Complaints from Strata Council’s

CHINA RATTLES MARKETS WITH CURRENCY DEVALUATION

The Chief Economist for DLC, Dr. Sherry Cooper talks about China's shocking devaluation of it's currency.  The effect on the Prairies are no secret driving them into recession.  However, I will be interested to see the effect on BC whose housing market is largely fuelled by off shore money, much of it coming from the

By |2015-08-11T08:18:51+00:00August 11th, 2015|Uncategorized|Comments Off on CHINA RATTLES MARKETS WITH CURRENCY DEVALUATION

HOW TO PREPARE TO BUY A HOME WHILE YOU ARE GOING TO SCHOOL

Many people find themselves renting a home and helping others get ahead financially. When the question of “why rent” is posed, the most common answer is the issue of not having a down payment. What is interesting is that the person could afford the monthly payments but simply does not have the down payment. Home

By |2015-08-05T08:48:05+00:00August 5th, 2015|Uncategorized|Comments Off on HOW TO PREPARE TO BUY A HOME WHILE YOU ARE GOING TO SCHOOL

Drink beer for Charity? Who wouldn’t!

It is the 14th Annual Tip N' Taste beer tasting event for Charity on July 10, 2015.  Put on by the Rotary Clubs of Langley including mine:  Rotary Club of Langley Sunrise All proceeds are going Rotary and our charities. Tickets are $30, and get you 5 beer tastings (can buy more...many more during the

By |2015-06-17T11:09:41+00:00June 17th, 2015|Uncategorized|Comments Off on Drink beer for Charity? Who wouldn’t!

Langley Interact Club

The Langley Interact Club is centered in Brookswood Secondary School and is sponsored by the Rotary Club of Langley ( OPC ). They have 12 members currently and are hoping to increase to 15 members. The Club first met in the home of one of the members but are now supported by the school and

By |2015-05-20T15:01:57+00:00May 20th, 2015|Uncategorized|Comments Off on Langley Interact Club

Our Community: Walnut Grove Secondary

George Kozlovic is the Principal of Walnut Grove Secondary School and has been in education for 20 years, although he looks young enough that that time could include his time in college. Walnut Grove Secondary  School has 1830 students and 140 staff, making  it by far the largest school in Langley.  This has both advantages and disadvantages;  it allows the school

By |2015-04-28T11:32:44+00:00April 28th, 2015|Uncategorized|Comments Off on Our Community: Walnut Grove Secondary

Canuck Place Visits our Rotary Club

  Canuck Place Children's Hospice is a pediatric palliative care facility that looks after children under 18 who will not live past 18.  They provide support to provide the best life  possible for them and for their family. Only 21% of kids who need this type of support are able to be helped. A second Canuck Place, Dave Lede

By |2015-04-15T21:18:15+00:00April 15th, 2015|Uncategorized|Comments Off on Canuck Place Visits our Rotary Club

CMHC Premium Increase June 1st

CMHC Premium Increase Coming June 1st Canada Housing and Mortgage Corporation (CMHC) announced late last week that effective June 1st, insurance premiums for those who have less than a 10% down payment will rise 45 basis points to 3.6%. CMHC indicated this will only add about $5 per monthly payment. Does not sound too bad

By |2015-04-08T06:18:35+00:00April 8th, 2015|Uncategorized|Comments Off on CMHC Premium Increase June 1st

Taste of Langley 2015

My Rotary Club partners with local Langley City restaurants to support the mission of Langley Lodge which is to provide exemplary care for the aging population in our community. Taste of Langley City is a progressive dinner which allows participating restaurants to showcase their most appetizing dishes.  The event typically sells out with returning guests

By |2015-04-07T16:18:08+00:00April 7th, 2015|Uncategorized|Comments Off on Taste of Langley 2015
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