The recent Foreign Buyers Tax of 15% on foreign investment into Greater Vancouver real estate is being blamed for the massive plunge in sales. Sales are said to be down as much as 85%, as foreign investment has stopped, and local buyers take a wait and see approach to home values. A report out last week stated values were down 20% in the past 28 days...
Where We Lend
Verico Mortgage Options Ltd is a licensed mortgage brokerage in BC. Working on behalf of the client to arrange their financing needs throughout the province.
Working online allows us to do mortgages virtually anywhere, being located in Greater Vancouver however means the bulk of our business is done throughout the Lower Mainland (Surrey, White Rock, Langley, Maple Ridge and the surrounding areas of the GVRD. A mortgage broker is your best defense against paying too much through your bank, when buying a home in Surrey, White Rock, Maple Ridge or anywhere in BC.