024: Jacquie Wilson Shares Her Secret To Selling
Marci • July 27, 2017
Marci Deane
talks with Jacquie Wilson, a Realtor with Re/Max Crest Realty.
Introduction
Jacquie Wilson started off working as a volunteer coordinator but felt she needed a change. Since then she has been helping the people of North Vancouver with their real estate needs for the past 7 years. Whether you are a first-time buyer looking to get into the housing market or looking to sell your property, or an experienced investor, she can provide you with comprehensive real estate solutions.
Marci and Jacquie talk about the Lynn Valley, what strategies work for buyers, and why it’s important to work with a Realtor who is there to help you, not fill their own ego.
Key Points
- [01:35] Why did you change real estate brokerages?
- [05:00] People who have been in real estate for awhile tend to be good at it. If you were not good you would not have made it very far.
- [05:25] What’s happening in The Lynn Valley?
- [06:04] The secret to selling, is making what you have look pretty.
- [10:00] The public is generally not fond of old homes, they require too much maintenance and costs upfront.
- [11:00] What strategies do you have for buyers?
- [12:25] An appraisal doesn’t have to be a condition. It can be an agreement.
- [14:10] Do your homework, that way your offer will be accepted when the time comes.
- [16:00] Trust your instincts when choosing your realtor.
Contact Jacquie Wilson
- Web: www.jacquiewilsonhomes.com
- Phone: 604-908-1206
- Email: info@jacquiewilsonhomes.com
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Saving for a down payment is one of the biggest challenges first-time buyers face. What many don’t realize is that the Canadian government offers a program designed to make it easier—the Home Buyers’ Plan (HBP) . This program allows you to withdraw money from your RRSP to help purchase your first home, without immediate tax consequences. Here’s how it works: Who Qualifies? To be eligible, you generally need to be a first-time home buyer. In practical terms, this means you must not have owned a home in the past four years, nor lived in a property owned by your spouse or partner during that time. There are also special allowances if you’re living with a disability or helping a relative with a disability. In these cases, you can use the HBP even if you’ve owned a home more recently. How Much Can You Withdraw? Under the program, you can access up to $35,000 from your RRSP as an individual. Couples can combine their withdrawals for a total of $70,000 . These funds must have been in your RRSP for at least 90 days before you take them out. Paying It Back The HBP isn’t “free money”—it’s an interest-free loan from your own retirement savings. You’ll have 15 years to repay the full amount back into your RRSP, starting in the second year after withdrawal. Each year, the CRA will send you an HBP Statement of Account outlining how much needs to be repaid. If you don’t make your repayment in a given year, that amount will be added to your taxable income. Why It’s a Smart Strategy The HBP can give first-time buyers a powerful boost toward homeownership. It helps you put together a larger down payment, which can reduce your mortgage amount and monthly payments. Just remember: it’s important to balance the short-term benefit of homeownership with the long-term impact on your retirement savings. Next Steps Thinking about using the Home Buyers’ Plan? Let’s sit down and review whether it’s the right move for you. Together, we can create a strategy that gets you into your first home while keeping your future financial goals on track. 📞 Reach out anytime—it would be a pleasure to guide you through the process.
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When it comes to selling your home, most people think the first call should be to a real estate agent. But the smartest first step often isn’t with your agent—it’s with an independent mortgage professional. Why? Because your mortgage plays a bigger role in your bottom line than most people realize. Planning to Buy After You Sell If selling means you’ll also be purchasing another property, you’ll want to know exactly where you stand financially before listing. Mortgage rules change regularly, and qualifying once doesn’t guarantee you’ll qualify again. Getting a pre-approval in place ensures you know what you can afford and eliminates surprises later. On top of that, reviewing the terms of your existing mortgage could uncover options you may not have considered. For example, porting your mortgage instead of arranging a brand-new one could save you thousands. Selling Without Buying Even if you aren’t planning to buy right away, there’s still an important step: understanding the cost of breaking your mortgage. Unless your mortgage is open, penalties apply—and they can be significant. By reviewing the numbers with a mortgage professional, you might find that simply adjusting your timeline could reduce or even avoid costly fees. Navigating Life Changes In situations like a marital breakdown, it can feel like selling the family home is the only path forward. But that’s not always the case. With the right guidance and a legal separation agreement, one spouse may be able to buy out the other, keeping the home and providing stability for everyone involved. The Bottom Line Selling your property is more than just putting a sign on the lawn—it’s about creating a financial plan that protects your equity and positions you for the best possible outcome. Before you take the leap, let’s sit down and review your options. 📞 If you’re ready to talk strategy and make sure you get top dollar for your property, I’d be happy to connect anytime.
