Buying, owning & selling a home
Last reviewed March 2024 by the Clicklaw editors
Buying a home is a significant milestone for many. There is a lot to consider when purchasing property and taking on a mortgage. Whether you’re a first-time buyer, a seasoned homeowner, or contemplating selling your property, it’s important to know what’s involved and what options you have.
Explore the links below to reliable online guides and tools and to organizations in BC. They have been chosen by librarians at Courthouse Libraries BC.
Selected resources
Buying a Home in BC
People’s Law School
This publication is for those who want to buy a home in British Columbia. It goes through the steps of the process, from making an offer to closing the deal. It also explains the common legal documents involved — in language you can understand. The information is current to November 2019.
Last reviewed March 2024
Buying a Home
Canada Mortgage and Housing Corporation (CMHC)
Links to information from Canada Housing and Mortgage Corporation about buying a house. Content includes home-buying step by step, the First-Time Home Buyers’ Tax Credit, expansion of the Home Buyers’ Plan (HBP), planning and managing a mortgage, and information for newcomers.
Last reviewed March 2024
Getting a Mortgage
People’s Law School
Explains what’s involved in getting a mortgage, and key things to watch for. These include signing the mortgage contract, deciding on the mortgage term, and negotiating the right to prepay. It explains why you might want an assumable mortgage, and describes mortgage loan insurance.
Last reviewed March 2024
The Renovation Process
Canadian Home Builders’ Association
Discusses the importance of good communication and clear documentation during a renovation, and the specific responsibilities of the renovator and homeowner. It highlights the use of change orders for alterations or extra work and the necessity for homeowner approval before any work that results in added costs.
Last reviewed March 2024
If You’re Facing Foreclosure
People’s Law School
Explains foreclosure, the legal process the lender can take if you default on your mortgage. Find out your rights and options if you’re facing foreclosure — you don’t automatically lose your home if you default on your mortgage. It gives you steps to take to work out the problem.
Last reviewed March 2024
Dial-a-Law: Selling Your Home
People’s Law School
Learn about what you should consider before putting up the “For Sale” sign. It explains the difference between selling your home yourself or hiring a real estate agent. It covers the process of selling a home, from getting a valuation to completing the sale.
Last reviewed March 2024