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Blog by Tina Mak

First Time Home-Buyer Programs and Changes to The Property Transfer Tax (PTT) Fees are a Big Win For Your First Home

March 4th, 2014
The BC Government recently released its annual budget and it had a great surprises that will directly benefit first time home-buyers. Thanks to this change the threshold for the First Time Home-Buyer PTT exemption has increase from $425,000 to $475,000. This brings your total saving up to $7,500 on your first home purchase.  How do you qualify for full exemption and how do you qualify f ...

B.C. Assessment released 2014 property values

January 4th, 2014
BC home owners gradually receiving their property assessment values. Whether you want it up or down depending on whether you want to sell or buy. Well, unless you are buying and selling along the pipeline plans, looks like your assessment value remain very stable. Click "Pipeline plans fuel house-price boom in parts of B.C." to read more.  Tina Mak P.R.E.C (est.1992) 全美亞裔房产協会, 温哥华創会主席 Pres ...

REBGV Stats November 2013‏

December 5th, 2013
December 3, 2013 Steady trends continue in the Greater Vancouver housing market Consistent home sale and listing activity has allowed balanced market conditions to prevail in the Greater Vancouver housing market for most of 2013. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,321 ...

Will PST make the purchase of pricier homes cheaper?

March 25th, 2013
Will PST make the purchase of pricier homes cheaper? Most of the BC residents will not reap any tax savings especially the government introduced the 2 % transitional tax, only the purchase over 850k will see the difference.  Read the article for details.   Tina Mak Personal Real Estate Corporation Your Vancouver Radio Realtor (The Bridge from East to West since 1992) #1 Female Agent si ...

B.C. looks into entering China’s ‘dim sum bond’ market

December 7th, 2012
B.C. looks into entering China’s ‘dim sum bond’ marketWonder how BC govt going to put a pretty package together to sell the "dim sum bond" to China & HK investors. Our ROI on Bonds & lending rates are so low. Will our "safe haven" status be good enough to attract Asia investors?Click for detail : China’s ‘dim sum bond’ market Tina Mak Personal Real Estate Corporation Your Vancouver Ra ...

B.C. Economic Forecast 2012-2016

October 26th, 2012
B.C. Economic Forecast 2012-2016  Modest overall economic growth through 2013, averaging 2% annually.  To read more in details, click Economic Analysis of British Columbia .  Hope this will give you a good idea how to plan your long term real estate investment.  This general indication shows B.C. is still in steady healthy economic atmosphere despite the weak global economy. Tina Mak Pe ...

New Rules for government-backed insured mortgages for residential properties of 1-4 units

June 22nd, 2012
New Rules for government-backed insured mortgages for residential properties of 1-4 units As you are probably already aware, on June 21st, 2012, Finance Minister Jim Flaherty announced changes to the rules for government-backed insured mortgages for residential properties of 1-4 units.   In total, four new measures were announced for new government-backed insured mortgages.  The maximum a ...

Benefits of homebuying in B.C.

June 19th, 2012
Benefits of homebuying in B.C.This goes back to "half glass full, half glass empty" theory.  No matter what happens in any aspect of life, there are people always have negative & positive things to say about any situation.  People likes to remember the bad thing & pay less attention to the good thing.  I always say the media has a mission to tell the bad story because bad story sells.  Well, ...

Information about the new HST/PST housing transitional rules

February 22nd, 2012
  Information about the new HST/PST housing transitional rules   These GST, PST, HST games are giving us lots of confusion in the past few years. This has create more works for lawyers, accountants & more grief to the public. Anyway, want to know how this affects your presale contract, recreational property, vacant land purchase& new rental housing rebate, click Information about the new ...

Investment Radio Show with Tina Mak Personal Real Estate Corporation

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