Fara Ghafari, 88 West Realty
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
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What You Need to Know Before Investing in Private Mortgages
Private mortgages have become more accessible, catering to borrowers who don't qualify for traditional loans. These short-term loans, provided by private lenders, offer flexibility and a simplified approval process, often with higher interest rates. Investors can participate in private mortgages through whole mortgage programs or Mortgage Investment Corporations (MICs), which provide diversified portfolios. These investments […]
Getting Pre-Approved for a Mortgage
To increase your chances of successfully buying a home in Canada, it's essential to get pre-approved for a mortgage. This process confirms your eligibility for a loan based on your financial documentation, helping you understand your budget and potentially lock in an interest rate. Pre-approval requires proof of income, assets, identification, and information about debts. […]
Reducing barriers to sustainable construction
British Columbia's new permitting and prompt payment initiatives aim to reduce delays and improve cash flow in the construction industry, especially for multi-residential projects. Streamlined approvals and faster payments enhance predictability, allowing builders to plan better, reduce costs, and accelerate housing delivery. These reforms also support sustainable building methods like mass timber, fostering innovation, efficiency, […]
Filling Gaps Fast: Infill Solves B.C.’S Housing Crunch
Slide 1 BC renters face soaring costs, limited supply, aging buildings, and stubborn inflation pressures provincewide. Slide 2 Decades of underbuilding left BC relying on rental stock from the 1950s and 1960s. Slide 3 Canada must double housing construction to over 430,000 annual suites to restore affordability. Slide 4 Federal GST removal and provincial Bill […]