In the Spring issue of The MAC Scoop we look at the major transformation of Burnaby's Brentwood and help you navigate the home buying process by Understanding the Importance of Mortgage Pre-Approvals.

If you’re not familiar with the North Burnaby neighbourhood of Brentwood, then it’s high time you check out this invigorated town centre!

We know that the home buying journey can feel overwhelming as you navigate your way through the maze of forms, financing, inspections, pricing, and negotiating. Today, we explore the advantages of getting your mortgage pre-approved, especially when buying a pre-sale home.

In today’s active real estate market, you may be required to make a decision on buying your dream home sooner than what you’re comfortable with as another family could be looking to make an offer on the same home.

One of the early decisions you will have to make when you begin your home search is whether you will buy a previously owned home (resale) or a new home. When it comes to new homes, the other option to consider is buying a home before construction has even began — also know as buying “presale”.

The conversation around housing affordability in Vancouver is a heated one. Every day, we see similar headlines that read “Vancouver Housing Setting New Records for Unaffordability” and “Single Family Detached Homes in Vancouver Out of Reach”.

Vancouver Real Estate is hotter than ever and, with limited inventory and home demand near record heights, bidding wars and homes selling over the asking price are taking place on a significant number of homes for sale.

Let your lifestyle priorities guide you when exploring new neighbourhoods to call home.

Life events can trigger the search for a new home which can often mean needing to relocate. With all the new development in Metro Vancouver, new neighbourhoods are being created all the time.

As development in Metro Vancouver continues to grow with no signs of stopping, the densification plan goes beyond replacing old buildings with new.

It seems these days everyone knows someone who has lost out on a home, got outbid, or didn’t act quickly enough. When the market is this active, how do you secure the home you want? Here are a few tips: