Advantages of Home Ownership

  1. Home ownership is the single largest source of savings for Canadian households.
  2. Your payments build equity (as opposed to renting, where your money goes to the building owner).
  3. Unlike other investments that can be volatile, when you buy a home the increase in its value is relatively steady.
  4. Homeowners can use the equity in their homes as security for other loans once a certain percentage of equity has been established.
  5. Buying a home and building equity is the first step on the property ladder. It gets you into the housing market, keeps you in touch with increasing house prices, and puts you in a good position to trade up to bigger and better homes as your circumstances allow

Complete the form below and we will contact you to set up a buying consultation, answer any questions you may have, and walk you through the process.
We promise to provide you the highest level of consultative service. 

Helpful Buying Information

Home Buyers’ Plan Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Home buyers who have repaid their RRSP may be eligible to use the program a second time. Canada Revenue Agency Enter ‘Home Buyers’ Plan’ in the search box.1.800.959.8287  

GST Rebate on New Homes

New home buyers can apply for a rebate of the federal portion of the HST (the 5% GST) if the purchase price is $350,000 or less. The rebate is equal to 36% of the GST to a maximum rebate of $6,300. There is a proportional GST rebate for new homes costing between $350,000 and $450,000. At $450,000 and above the rebate is nil.Canada Revenue Agency Enter ‘RC4028’ in the search box.1.800.959.8287 

BC Property Transfer Tax (PTT)

The amount of tax you pay is based on the fair market value of the land and improvements (e.g. buildings) on the date of registration unless you purchase a pre-sold strata unit. The tax is charged at a rate of 1% for the first $200,000 and 2% for the portion of the fair market value that is greater than $200,000.

First Time Home Buyers Exemption increased to $475,000 or less if registered on or after February 19, 2014
Click here for more information to see if you qualify

How to Avoid Buyer's Remorse

The fear of financial loss is the one fear that virtually all buyers confront. We help identify and mitigate any major risks associated with buying a home to ensure your happy with your purhase. We'll review these risks such as; leaky condos, mechanical, electrical, plumbing issues, your vulnerability to job or income loss, "our 5 year rule", financing options including your downpayment, overextending your budget, your potential to increase value with renovations, buying pre-construction and more. Your home should enhance your life, not limit it.

“I sit down beside people on airplanes and tell them I’m an economist who studies cities, and they say, ‘Oh, what’s going to happen to housing prices?" All I can say is that I wouldn’t be sitting beside you in coach if I really knew.”

— University of Toronto Economist, William Strange, Toronto Life, March 2008

Quick Contact

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Neal & Tracy Uchida Blu Realty  
86 Kingsway Vancouver B.C.  V5T 3H9 

Phone: Neal 604.808.8801 | Tracy 604.518.5152 Email: