A step back in time with heartthrob Gabby Concepcion
  
Encountering Gabby Concepcion in the flesh felt like stepping into a whirlwind of nostalgia, where memories of watching him and Sharon Cuneta's chemistry on screen came rushing back. In that moment, it was as if time folded upon itself, transporting me back to those enchanting 'Dear Heart' days, where every scene was laden with anticipation and romance. Meeting the embodiment of those cherished memories was a thrill, reigniting the fascination of yesteryears.
How Much Do You Need For Downpayment?
A mortgage down payment your portion of the purchase price which is coming from you when when you purchase a property. This is typically calculated as a percentage of the home price and this includes the initial deposit that you give when you have an accepted purchase offer.
In Canada, the minimum down payment varies depending on the home price. For homes up to $500k, it's 5%. Homes between $500k and $1M require 5% on the first $500k and 10% on the rest. For properties over $1M, the minimum downpayment is 20% and follows a sliding scale set by individual lenders. Meaning, the higher the value, the bigger downpayment is required.
Your down payment affects the home price you can afford, the size of your mortgage and monthly payments, and the amount of mortgage insurance required. Acceptable sources of funds include savings, sale proceeds, family gifts, borrowed funds, investments, and RRSPs.
If you need more information, please call/text at 604 783 9097.
Speculation And Vacancy Tax
Residential property owners in the designated taxable areas declare every year for the speculation and vacancy tax, even if there is no change to your information. You must complete your declaration by March 31.
When a property has more than one owner, each person on title needs to make a separate declaration, even if the other owner is your spouse or relative. There may be special circumstances to consider such as a deceased owner or an owner who is out of town during the declaration period.
The fastest and easiest way to declare is online. If you cannot declare online, you can declare over the phone.
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