Blogs

New for 2021, applications for the BC Home Owner Grant must all be submitted directly to the province, either online or by phone. Your municipality can no longer accept your home owner grant application.

A friendly reminder from your Auxilium Mortgage Team as property tax time approaches!

When the latest B.C. property assessment arrived in your mailbox earlier this month, you may have had mixed feelings. If your property is typical of Victoria - or indeed most of the province - the assessed value of your property has probably increased by a percentage that's in the double-digits. On one hand, you've gained more equity simply by continuing to own your home. On the other hand, a higher assessment also brings higher property taxes that you may not have budgeted for.

One of the most difficult things for people when it comes to their personal finances is planning and sticking to a budget. When you're buying your first home, it's likely the biggest purchase you have made in your life; knowing what you can realistically afford each month becomes even more important!