The stats from the Real Estate Board of Greater Vancouver have just been released for December.  Please let me know if you have any questions, I look forward to moving into 2017 with you!

    A Heated Year for Metro Vancouver Real Estate Draws to a Close

OPEN HOUSE: SAT/SUN JAN 7 & 8 FROM 2PM TO 4PM
11491 Plover Drive, Richmond (Westwind)

This Saturday and Sunday,  Jan 7th & 8th, 2:00 PM to 4:00 PM we will be hosting an Open House at 11491 PLOVER DRIVE in the Westwind neighborhood, Richmond. This is an opportunity to visit this excellent House for sale in beautiful Westwind.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Westwind House for sale.

As always please do not hesitate to give me a call at 604.644.1044 if I can answer any questions before the open house, or if you would like to book a private showing.

Alisa Sakamoto
REALTOR® RE/MAX WESTCOAST

I just sold this Condo at B110 1331 Homer Street, Vancouver (Yaletown).

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I just sold this House at 2907 W 35th Ave, MACKENZIE HEIGHTS, Vancouver, BC MACKENZIE HEIGHTS.

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I just sold this Condo at 323 13040 NO 2 ROAD, Steveston South, Richmond (Steveston South).

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I just sold this Condo at 1003 210 SALTER STREET, Queensborough, New Westminster (Queensborough).

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BC government to offer down payment loans for first-time buyers


Premier Christy Clark unveiled a new loan program today to help first-time home buyers come up with their down payment.

The BC Home Owner Mortgage and Equity (HOME) Partnership program will offer qualifying home buyers loans of up to $37,500, interest and payment free, for five years.

The province will begin accepting applications on January 16, 2017.

To qualify, buyers must:

• be buying their first home;

• obtain a high-ratio, insured first mortgage for at least 80 per cent of the purchase price;

• have a combined gross household income not exceeding $150,000;

• have saved a down payment amount at least equal to the loan amount;

• be a Canadian citizen or permanent resident for at least five years; and

• have lived in BC for at least the full year preceding their application.

The loans will be due in full if the buyer defaults on a payment, ceases to use the home as a principle residence or resells the home.

Key facts:

• The loans will match a home buyer’s contribution to a down payment up to five per cent of the home’s purchase price.

• The maximum purchase price to qualify for a loan is $750,000 (excluding taxes and fees).

• After five years, buyers can either repay their loan or enter into monthly payments at current interest rates.

• Loans through the program are due after 25 years.

“This program will boost sales to first-time home buyers. Without question, they’ll take advantage of it wherever they can,” said Helmut Pastrick, Central 1 Credit Union chief economist.

The province estimates this initiative will help at least 42,000 buyers or households province-wide over the next three years. About half of these buyers will be in the Lower Mainland, according to Pastrick.

Courtesy of The Real Estate Board of Greater Vancouver

I just sold this Condo at 511 10033 River Drive, Richmond

View this recently sold Condo or see all my home sales