Understanding Burnaby’s Property Tax Assessment Process

For every Burnaby homeowner, the receipt of the annual property assessment notice from BC Assessment (BCA) is a crucial moment. It's often the first indicator of how much your property is perceived to have increased or decreased in value, and, ultimately, how much you'll pay in property taxes. Howe

Getting Pre-Approved in Burnaby: A Local First-Time Buyer’s Guid

What is Mortgage Pre-Approval? Mortgage pre-approval is a crucial step in the home-buying process, especially in competitive markets like Burnaby. It involves a lender evaluating your financial situation—such as income, debts, and credit history—to determine the maximum loan amount you qualify for.

Steps to Apply for a Mortgage in Burnaby

Understanding the Basics of Mortgages What is a Mortgage? A mortgage is a financial agreement between a borrower and a lender that allows the borrower to purchase a property. In this agreement, the property serves as collateral, which means the lender can claim the property if the borrower fails to