Changes to Vancouver Foreign Home Buyer Tax Confirmed

As we previously wrote, the B.C. government has considered changes to the additional tax on foreign home buyers in Vancouver in order to remain attractive to prospective employees. On March 17, the province confirmed the scope of their changes.

Creating the Commercial Mortgage That's Right for You

If you're looking for a commericial mortgage then you’ve come to the right place.  At Auxilium Mortgage Corporation, we understand that the process of getting a commercial mortgage is far different than a residential one.

7 Most Common Home Insurance Questions

Finding the right insurance policy is like fitting a piece in your financial puzzleLooking into insurance can be a confusing process. Here are answers to some of the most common questions that will help you determine the home insurance that is best for your situation.

Transition from Renter to Homeowner

Congratulations if you are going from renting to owning your home! The process is exciting, but it can also be overwhelming. When it comes to home insurance requirements, here are some tips to help you better understand and simplify the process.

How to Get the Best Home Insurance Rates

You can cut your insurance premiums in half if you know how to shop around for insurance. Factors related to getting the best home insurance rates include:

Shopping for the Best Mortgage Rate? The Lowest Rate Might Not Be Right for You

You've done your mortgage research online and found a great low rate. Now that you're finally meeting with a broker in person, they're telling you your rate will be higher. You might be disappointed, and you definitely want to know WHY you can't have that great rate.

BC Budget Includes Tax Break for Eligible Buyers

In the latest provincial budget, the government has announced an immediate change to the Property Transfer Tax. Effective February 22, 2017, the exemption threshold for eligible first time home buyers will be raised to $500,000. Buyers shopping in that price range may now save thousands of dollars in tax payments.