Thinking of buying your first Maple Ridge home?

Free seminar in Surrey can give some good background information

f you’re thinking about taking the plunge into home ownership, maybe slide over to Surrey next month, April 3 in particular. Beginning at 7 p.m. that night the Greater Vancouver Home Builder’s Association will present its 18th annual free seminar for first-time home buyers.

“Basically, this is going to be home-buying 101,” said Peter Simpson, association president.

The event, which takes place at the Bell Performing Arts Centre,  6250 – 144th St., attracts people just starting the process of home buying and who don’t know the difference between a variable and fixed rate mortgage, he said.

This year, the session should prove particularly useful because it will focus on the B.C. First Time Home Buyers Bonus announced by the B.C. government in its 2012 budget.

That’s available only to people who’ve never owned a home before and is based on the buyers’ income and the price of the house. It applies to new home construction only and will be paid by the government based on five per cent of the home’s price up to a maximum of $10,000. However, the bonus is scaled back for incomes of more than $150,000.

Simpson says the bonus should have the desired effect.

“It’s going to help more people get into the market who maybe had to wait before.” He said it would take people a long time to save up $10,000 after taxes.

Simpson said more single  women now are buying homes.

“They’re not waiting for Mr. Right to sweep them off their feet.”

Simpson expects the housing market this year to remain stable.

The seminar doors open at 6 p.m., allowing attendees ample time to view builder displays and other home-related products and services.

Just Posted

Hundreds attend Hells Angels funeral in Maple Ridge

Body of Chad John Wilson found last month face-down under the Golden Ears Bridge.

Dwillies stepping down from Haney Farmers Market

Maple Ridge senior spends majority of life focused on food

MacDuff’s Call: Respecting Christ as part of Christmas

Tradition of helping people less fortunate is huge part of season.

Wrestlers rally to save Ramblers team

Loss of MRSS annex threatens successful program

Ryder helping others stay dry for holiday season

Raised more than $4,200 to purchase boots and winter gear for people living in poverty in Maple Ridge.

Ridge hospital foundation helps with mental health

Donates a possible $500k for youth wellness

Boeser has 2 points as Canucks ground Flyers 5-1

WATCH: Vancouver has little trouble with slumping Philly side

Man dies after falling from B.C. bridge

Intoxicated man climbed railing, lost his balance and fell into the water below

B.C. animation team the ‘heart’ of new ‘Spider-Man: Into the Spider-Verse’

The animators, largely based in Vancouver, ultimately came up with a creative technique that is drawing praise

Light at the end of the tunnel for UN climate talks

Meeting in Katowice was meant to finalize how countries report their emissions of greenhouses gases

Gas prices to climb 11 cents overnight in Lower Mainland

Hike of 17 cents in less than 48 hours due to unexpected shutdown of Washington state pipeline

Janet Jackson, Def Leppard, Nicks join Rock Hall of Fame

Radiohead, the Cure, Roxy Music and the Zombies will also be ushered in at the 34th induction ceremony

Supreme Court affirms privacy rights for Canadians who share a computer

Section 8 of the Charter of Rights and Freedoms protects Canadians against unreasonable search and seizure

B.C. fire chief pleads with Ottawa for traumatic stress support

Campbell River fire chief Thomas Doherty presented concerns to federal government

Most Read