GVHBA’s 19th annual free seminar for first-time home buyers is March 19

Learn about finances, mortgages, property transfer tax, down payments, legal fees and more.

The Greater Vancouver Homebuilders' Association is hosting a seminar in Surrey for first-time home buyers on March 19.

The Greater Vancouver Homebuilders' Association is hosting a seminar in Surrey for first-time home buyers on March 19.

With so many factors to consider when buying a new home, particularly in the Metro Vancouver region, it is no surprise first-time home buyers need a little help de-mystifying the process.

What home type is best matched to wants, needs and financial resources? What are the mortgage options? How does the provincial property transfer tax exemption for first-time home buyers work? How much can be withdrawn tax-free from RRSPs? How about legal considerations, closing costs and home warranties?

Those and other key questions will be covered by a panel of experts at the 19th annual Seminar for First-time Home Buyers, presented by the Greater Vancouver Home Builders’ Association (GVHBA) on Tuesday, March 19 from 7 to 9 p.m. at the Bell Performing Arts Centre, 6250 144 St. The exhibit area, featuring new home builders and home-related products and services, is open from 6-7 p.m.

Speakers are Robyn Adamache, senior market analyst, Canada Mortgage & Housing Corp.; Narrinder Dhanoya-Bhangu, vice-president, Pacific region, Genworth Financial Canada; Bill Macklem, president, Dominion Macklem Mortgages; Sandra Wyant, president-elect, Real Estate Board of Greater Vancouver; Tom Reeves, assistant vice-president, National Home Warranty; Michael Liu, Energy Solutions Manager, FortisBC; and Gregory van Popta, partner, McQuarrie Hunter LLP;. Seminar moderator is Shayne Ramsay, chief executive officer of BC Housing.

“With interest rates still incredibly low and builders offering many new home product choices, this is a great time for first-time buyers to consider taking that critical first step onto the property ladder,” said GVHBA CEO Bob de Wit.

“Real estate continues to be a hot topic in Metro Vancouver, so seminar attendance is expected to be as many, or greater than, the 750 people who attended last year’s event. This is a one-stop information shop for first-time home buyers, so anyone considering buying a home should come to this free seminar,” he said.

Pre-registration is required. Register online at www.gvhba.org or call 778-565-4288. There is ample free on-site parking, and public transit is right at the corner. Although the seminar is free, attendees are asked to bring a food item for the Surrey Food Bank.

Admission to the seminar is free thanks to the generosity of the presenting sponsor, the provincial Homeowner Protection Office, branch of BC Housing; patron sponsor Dominion Macklem Mortgages; media sponsor Glacier Media, and corporate sponsors Canada Mortgage & Housing Corp., FortisBC, Genworth Financial Canada, National Home Warranty, Real Estate Board of Greater Vancouver, The Vancouver Sun, The Province, CKNW, 99.3 The Fox, AM730 and Classic Rock 101.

Surrey Now Leader