EP 7: Presales Explained with Amar Pal

Amar Pal, founder of Vancouver Condo Team & VancouverPresales.com, joins me in this episode to explain Presales and the FAQs around them. The team has transacted over 1500 condo and presale sales since 2010 and has worked with every major developer in BC. I'm proud to be apart of this team so listen in for some interesting facts! 

What are the top questions from buyers when sitting down with their mortgage representative? Katy Mackenzie is back to answer those questions for us!

The Mortgage Stress Test was originally introduced by the Canadian Government in 2016 with amendments since. Why was it introduced? How does it affect buyers, sellers and the real estate market?

Katy Mackenzie with The Mortgage Group answers these questions for us. If real estate affects you - listen in!

NEWS UPDATE: The Bank of Canada just lowered their mortgage qualifying rate from 5.34% to 5.19%!!

AirBnB is a great way to travel with a budget. But how has it affected big cities like Vancouver and its real estate market? Listen in for some interesting stats on how the government is handling it and how you can help. 

Katy Mackenzie from The Mortgage Group joins me in this episode to talk about using a Mortgage Broker versus your bank representative. Whether it is your first purchase or a refinance, knowing your options is essential!

You can contact Katy at katy@mackenziemortgage.com or check out her website https://www.mackenziemortgage.com/.

Thanks for listening!

Spring is nearly over and our city is in full bloom! Listen up for my Top 8 Home Buying Tips, you won't want to buy a home without knowing them!

For my first episode, I talk about Canada and why it's such a great place to live.