Property Tax Deferment

This weeks’ what’s happening Wednesday is all about property tax deferment

In BC to qualify for property tax deferment you must

1. Be 55+ (note, only one of the homeowners has to be of this age group) or be considered disabled with certification from the government

2. Have a minimum equity of 25% in the home based on BC assessment

3. You must have insurance on the home

If you need any more information on property taxes on Vancouver Island, or a proper market evaluation because you think the current one is too high and you’re paying too much in taxes, we can provide an evaluation

Do give us a call at 250-914-1122 for any Vancouver Island community information or real estate needs