Vancouver First Time Home Buyers Guide

How to Buy a First Home 15 – Subject to Inspection Clause & The Contract of Purchase and Sale

 Updated 3 April, 2023 by Mike Stewart PREC First Time Home Buyer Safety - Subject to Inspection Clause in the Contract of Purchase and Sale! In Episode 14, we talked about Subject to Financing and how this is a powerful way to protect a first time home buyer when it comes to financing a home purchase. Today we are going to talk about the subject to inspection clause in the Contract of Purchase and Sale and how this can protect a new home buyer in Vancouver. Subject to clauses are often referred to as "escape clauses" or "conditions precedent"…

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First Time Home Buyers Guide Vancouver BC – Episode 1 – Getting Started!

 This is the First Video in a Series of Videos with Tips for First Time Home Buyers in Vancouver's Property Market. So you're thinking of taking the plunge and buying your first home in beautiful Vancouver! How Much Can I Spend? What to Know Exactly? Get Pre-Approved! If you have several hundred thousand dollars in your bank account, great! If not, you should speak to your bank or a mortgage broker to find out how large of a mortgage you can get. The bank or broker will give you a mortgage pre-approval which is a rough estimation of what…

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