Did you know that you may be able to defer your Property taxes this year?
Andy Schildhorn • May 13, 2020
This is the option that was only available in the past to those 55 or older. This year, there is new category of home owners that can qualify to defer their property taxes.
Learn More
Families with Children Tax Deferment Program. This program allows families to defer Property taxes at a very low interest rate. City will still receive funding for their budget as a result of it. Please visit the web site to check if you qualify for this deferral. You will need to pay the deferred amount back when you sell your home or when you refinance the property.
For those of you that are new to home ownership this year. Please do not forget to pay Home owners Grant before you pay your taxes.
SURREY, BC – Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers’ and sellers’ price expectations continues to suppress sales. The Fraser Valley Real Estate Board recorded 1,190 sales on its Multiple Listing Service® (MLS®) in July, down half a per cent from June and down three per cent year-over-year. July sales were 23 per cent below the 10-year average. The supply of homes for sale dipped slightly in July, down two per cent from June to 10,650, nearly 50 per cent above the 10-year seasonal average. New listings declined five per cent over June to 3,453. The Fraser Valley remains in a buyer’s market with an overall sales-to-active listings ratio of 11 per cent; the market is considered balanced when the ratio is between 12 per cent and 20 per cent.
I'm going to be honest with you, I almost forgot to write this email this week. Got caught up with Fort Langley Jazz Festival. and almost ran out of time. Barely got this in under the wire. I think its a great edition of the newsletter. Performance under pressure! haha LAPS is here. 📣 "Success is not in what you have, but who you are." - Bo Bennett
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