Buying Property In: British Columbia

: BC does not use escrow companies. Instead, you must hire a lawyer or notary to handle the title transfer and funds. Key Financial Costs & Taxes Buying and selling a home - Province of British Columbia

: Most buyers use a real estate agent; in BC, the seller typically pays the commission for both the buyer's and seller's agents. buying property in british columbia

: Once you find a home, your realtor will help draft a "Contract of Purchase and Sale". : BC does not use escrow companies

Buying property in British Columbia involves navigating specific provincial taxes and a unique "subject removal" process. This guide outlines the essential steps and financial considerations for a smooth purchase. : Once you find a home, your realtor

: This is a critical 7-10 day window where you complete due diligence, such as a home inspection (must be performed by a licensed inspector in BC), final financing approval, and insurance checks.

: Start by confirming your budget with a lender to understand what you can afford.