Krista Lapp Top Coquitlam B.C. Realtor 2021

2020 Year in Review for Top Coquitlam Realtors

Krista and her Team want to extend a big THANK YOU to their Clients, Family, Friends, Colleagues and Brokerage Keller Williams Elite Realty for their continued support and trust throughout the year! They successfully sold 55 homes and achieved over $47.5 Million in sales.  In 2020 Krista Lapp was in the top 100 agents for units sold through the Vancouver Real Estate Board for the Greater Vancouver area.

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First Time Home Buyer Coquitlam

First Time Home Buyer Downpayment Loan

Guest Writer: Peter Radonjic, Mortgage Specialist for our Coquitlam Real Estate Blog explains the new BC Government downpayment loan for first time home buyers.

As you may have heard, the BC government just announced the “B.C. Home Owner Mortgage and Equity Partnership program” which will lend first-time homebuyers up to 5% of the purchase price to use as a downpayment. For the first 5 years the loan is interest-free and re-payments don’t start until year 6. Here’s CBC’s article on it (NOTE the terrible headline – the loan is NOT “interest-free” it’s a loan with interest and payments – the clock just doesn’t start ticking on interest and payments don’t start for 5 years after you get the cash):

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