Why do people use mortgages instead of cash to buy homes?

Cash purchases sidestep interest, speed up transactions, and put buyers at an advantage during negotiations.

Why do people use mortgages instead of cash to buy homes?

A mortgage loan frees up cash for investments and maintains liquidity while leveraging low-interest debt.

How to buy a house in British Columbia with cash?

Show proof of funds, skip the mortgage approval step, and you can fast-track your way to closing day.

Why do home sellers prefer cash buyers?

Sellers dig cash deals because they close faster with fewer hitches from financing fall-throughs.

What Is a Strata Property in BC?

A strata property in British Columbia is a property where you own a strata lot and share ownership of common property and common assets with other strata lot owners. The owners form a strata corporation which controls and manages the shared property. Strata properties include condos, townhouses and some detached homes.

Your strata lot is your individually owned home. Common property is the part of the building or land that is not part of an individual strata lot. It can include roofs, hallways, elevators, parking areas, landscaping and shared building systems.

Kim Lee (Vancouver Realtor)

As a Vancouver realtor, Kim Lee combines her love for people with her passion for real estate to provide guidance throughout the process and to building lasting relationships.