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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Will British Columbia’s Market Regain Balance?
The Vancouver area still suffers from high prices and constrained supply, especially in core zones. Migration and immigration remain strong, supporting housing demand despite rate pressures. Suburban and exurban markets show more value-seeker activity compared with the downtown core. New-home starts remain elevated but delivery timelines and cost pressures limit oversupply. Outlook: Home values in […]
What Is The Penalty For Breaking A Mortgage Contract Early?
Homeowners may find their mortgage contracts unsuitable and consider breaking them, which can incur penalties. Breaking a mortgage contract allows for repayment or refinancing but typically involves fees based on interest rates. Closed mortgages have stricter penalties compared to open ones. Penalties vary, with fixed-rate mortgages often incurring higher costs. Homeowners should evaluate their reasons […]
Five tips for a quick closing to your mortgage refinance
Closing a mortgage refinance typically requires a lawyer or title company. Refinancing involves paying off an existing loan with a new one, often from a different lender. To ensure a smooth closing, have a valid government photo ID, provide updated debt statements, and share your lawyer's information promptly. Scheduling closing during off-peak times and opting […]
Is 2025 West Vancouver Plan Feasible?
West Vancouver council plans community update in 2025, defying provincial housing ministry directives. Province warns it will amend bylaws if West Van does not comply by December 31, 2025. Staff propose 900 new units in 2025, including infill, townhomes, and senior housing options. Council allocated only $40,000 of $364,100 TransLink funds available in 2025 for […]