Free Coffee & Rides
  
Police officers are ramping up roadside checks across British Columbia this weekend as part of its annual holiday tradition of cracking down on impaired drivers.
The campaign, dubbed “the December CounterAttack,” will also reward designated drivers with coffee vouchers to McDonald’s — at least at “many of these roadchecks,” according to an Insurance Corporation of British Columbia (ICBC) press release. For more info on this story, please click here and stay safe this holiday season!
A Reverse Mortgage Can Help Your Children Buy A Home
Are you a Canadian 55 and older trying to help your family with a down payment on their first home? It is more difficult now than ever to afford a home because of rising home prices – which means your family could benefit from help now instead of waiting for an inheritance.
Often referred to as a "warm inheritance" many Canadians are releasing equity in their own home, to provide the much needed down payment for their children or grand children. A reverse mortgage has no payments, the outstanding interest is added to the balance and paid out when you sell your home. The cash you withdraw from your home is TAX FREE!
You retain ownership of your home, and you can live there as long as you able.
Feel free to contact me by phone 604-802-8193 to discuss your options.
Bill 44 Passed: Changes to Rental and Age Restricted Properties
The BC Government has amended the BC Strata law. Condos can no longer restrict rentals or restrict properties by age.
Amendments to the Strata Property Act will end all strata rental-restriction bylaws and limit age-restriction bylaws so that the only permitted age restriction is to preserve and promote seniors’ housing through the “55 and over” rule in strata housing. Moving forward, it will not be permissible for strata to have 19-plus age restrictions; however, “seniors only” strata will still be allowed.
To read more about this bill: Click Here
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