Jessica Prasad

Many people don’t realize this:

  Most lenders will NOT approve a mortgage unless you can provide formal separation or court documents.

This protects you, your financial future, and your legal position.

Before you:

❌ Start house hunting

❌ Submit offers

✅ Make sure your paperwork is in place first

A mortgage strategist can help you prepare safely and properly. 

  Mortgage Strategist Partner:

Sally Bennett, B.A.B.Ed, MIB

604-260-2525

sally@mortgagenational.ca

Contact me for a private appt! 

Jessica Prasad

RE/MAX Sabre Realty

info@ilovehomes.ca

778-241-8946

www.ilovehomes.ca ❤️ 

#MortgageTips #DivorceAndMoney #SmartSteps #DivorceSupport #NewBeginnings #RealEstateWithHeart #ilovehomes ❤️

Separation and divorce can feel overwhelming — and real estate decisions often come with emotional and financial pressure.

We help guide you through:
✔️ Selling the family home
✔️ Buying on your own
✔️ Understanding your options without pressure or judgment

You don’t have to navigate it alone.

DM me for a private conversation.

Jessica Prasad
RE/MAX Sabre Realty
info@ilovehomes.ca
778-241-8946
www.ilovehomes.ca ❤️

#ilovehomes ❤️ #DivorceSupport #NewBeginnings #RealEstateWithHeart

Bank of Canada delivers second consecutive cut to key interest rate, lowering it to 2.25%

The BoC says the impacts of U.S. tariffs are “more evident” even as the situation remains uncertain, and that the trade conflict “is fundamentally reshaping Canada’s economy.”

The unemployment rate remained at 7.1% in September and wage growth has slowed. Job losses continue to build in trade-sensitive sectors and hiring has been weak nationwide.

In January the bank had forecast the economy would grow by 1.8% in both 2025 and 2026. But citing U.S. trade policy, it now says growth in 2025 will be just 1.2%, dropping to 1.1% in 2026, before recovering to 1.6% in 2027.

The next interest rate announcement from the Bank of Canada is scheduled for Dec. 10, 2025.

@jessicarealty

Jessica Prasad
RE/MAX Sabre Realty
info@ilovehomes.ca
778-241-8946
www.ilovehomes.ca ❤️

Congratulations to my incredible clients! ✨
In just two short weeks, they sold their home, found their dream home in New Westminster, and moved in — all while keeping smiles on their faces!

Now they get to wake up to those beautiful water views every day.
What a journey — and what a reward!

#NewWestHomes #WaterfrontLiving #JustMovedIn #NewBeginnings #SoldAndBought #RealEstateSuccess #HomeSweetHome #ilovehomes ❤️ @jessicarealty #remax #remaxsabre Contact me if you’re thinking about real estate dreams!

Jessica Prasad
RE/MAX Sabre Realty
info@ilovehomes.ca
778-241-8946
www.ilovehomes.ca ❤️

Buyers what are you waiting for??

There is always “something” happening in the world that affects financial markets.

My financial advisor good friend of mine Keith Malabar from www.financialfootprint.ca sent me this, he went back over the last several decades and below is a compilation of those "something’s” to illustrate:

1987 Record-setting market decline
1988 Junk bond scandal
1989 October “Mini-Crash”
1990 Persian Gulf crisis
1991 Recession
1992 Riots sweep Los Angeles
1993 Bombing of World Trade Center
1994 Rising U.S. interest rates
1995 Oklahoma City bombing
1996 Taiwan Strait crisis
1997 Collapse of Thailand economy
1998 President impeachment proceedings
1999 Y2K 2000 Internet stocks plummet
2001 September 11 terrorist attacks
2002 WorldCom accounting scandal
2003 War in Iraq
2004 Madrid terrorist attacks
2005 London train bombing
2006 India, Israel, Lebanon bombings
2007 U.S. housing bubble bursts
2008 Global financial crisis
2009 Financial crisis lingers into early 2009
2010 European debt issues emerge
2011 Japan, Fukushima earthquake
2012 China slowing growth concerns
2013 U.S. government temporarily shuts down
2014 Russia and Ukraine conflicts
2015 Paris terrorist attacks
2016 Brexit – U.K. votes to exit the EU
2017 Britain triggers Article 50
2018 U.S. – China trade tensions
2019 U.S. – China trade tensions continue
2020 COVID-19 pandemic
2021 Global supply chain disruption and inflation
2022 Rising inflation and monetary policy tightening
2023 Stable inflation and peaking interest rates
2024 Accommodative stance by major central banks

Thanks, Keith ❤️

@jessicarealty #ilovehomes ❤️

Jessica Prasad
RE/MAX Sabre Realty
info@ilovehomes.ca
778-241-8946
www.ilovehomes.ca ❤️

Residential property owners in the designated taxable areas declare every year for the speculation and vacancy tax, even if there is no change to your information. You must complete your declaration by March 31. 

Vancouver’s empty homes tax, the Government of Canada's underused housing tax and the home owner grant program are different from the speculation and vacancy tax.

Ensure you know the requirements for these taxes and programs! 

https://www2.gov.bc.ca/gov/content/taxes/speculation-vacancy-tax

Jessica Prasad

RE/MAX Sabre Realty

info@ilovehomes.ca

778-241-8946

www.ilovehomes.ca ❤️🏡

“Thank you to everyone that has supported me ❤️ It’s a tremendous honor to receive this prestigious award.”

RE/MAX Platinum Club 2022 Award

“As a real estate agent with RE/MAX Sabre, I’m fully committed to helping my clients and consumers find the home that is right for them."

My goal is always to do the best for my clients and educate them in the process of buying or selling your home. I listen to my clients current and future lifestyle needs. I research the homes in the neighborhood, provide a market analysis on your home or future home and watch what happening in our economy. Most of all, I look forward to building long lasting relationships!

@jessicarealty #ilovehomes ❤️#realestateagent #thankyou #blessed #remax #remaxhustle #remaxagent

Home sales decline below long-term averages and inventory remains low to start 2023   Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a 55.3 per cent decrease from the 2,285 sales recorded in January 2022, and a 21.1 per cent decrease from the 1,295 homes sold in December 2022. Last month’s sales were 42.9 per cent below the 10-year January sales average. #Housing #Market #cooloff #realestate  Call me for a current update on what’s happing in your housing market! When is a good time to buy or sell?  #ilovehomes  for more details about this current housing market please call me 778-241-8946 @jessicarealty #vancouver #buyahouse #sellahouse #remax #realtornearme

The mortgage rate affects the Vancouver real estate market by determining the cost of borrowing for home buyers.

In the past when mortgage rates were low, it made borrowing money to purchase a home more affordable, leading to an increase in demand for housing, and potentially driving up home prices!

Currently the mortgage rates are high, it becomes more expensive to borrow money, leading to a decrease in demand and causing home prices to decrease.

The relationship between mortgage rates and the real estate market is complex, and other factors such as economic conditions, housing supply and demand, and government policies also play a role.

Low housing supply in Vancouver is driving up home prices due to increased competition among buyers for limited inventory. When there are fewer homes available for sale, buyers may have to bid higher prices to secure a property, which can lead to an overall increase in home prices.

The low housing supply can also result in a slower pace of sales, as there may not be enough homes available to meet demand.

The shortage of housing supply can be caused by various factors, including limited land availability, zoning restrictions, a slow pace of new construction, and a strong demand for housing.

Call me for a current update on what’s happing in your housing market! When is a good time to buy or sell?

Jessica Prasad 778-241-8946

@jessiacrealty #ilovehomes ❤️#vancouver #buyahouse #sellahouse #remax #realtornearme #vancouverhomes #multipleoffers #sold

Low inventory in the real estate market can lead to higher prices and more competition among buyers.

In a market with low inventory, there are fewer homes available for purchase, which can drive up demand and prices. This can make it more difficult for buyers to find a suitable home at a price they can afford.

Additionally, in a market with low inventory, buyers may have to act quickly to make an offer on a home they are interested in, as they may face competition from other buyers.

Overall, low inventory can make the real estate market more challenging for buyers and can benefit sellers who are looking to sell their home at a higher price.

Call me to find out about a strategy for selling your home.

Jessica Prasad 778-241-8946

@jessicarealty #ilovehomes ❤️#vancouver #buyahouse #sellahouse #remax #realtornearme

Whether you should buy in a down real estate market depends on your personal financial situation and investment goals.

Historically, buying property during a market downturn can be a good opportunity to purchase at a lower price, but it also comes with increased risk.

It is important to consider factors such as your ability to hold onto the property for the long term and the potential for appreciation in the future.

It is highly recommended that you consult with a real estate professional like me Jessica Prasad and financial advisor before making any real estate investment decisions.

Please call me about your 2023 real estate goals 778-241-8946

@jessiacrealty #ilovehomes ❤️#vancouver #buyahouse #remax #realestategoals #realtornearme