finances
Need advice on mortgages?
Ask your mortgage broker, credit union or bank about purchasing a “pre-sale condo in a strata development”.
If you don’t have a broker, Lysa Dixon is a mortgage specialist based in Vancouver with cohousing experience.
As the ‘right’ mortgage for your household depends on your personal financial situation, Driftwood Village cannot provide advice about financing.
qualifying for a mortgage
As with other strata titled complexes, each household purchases their own home. If a mortgage is needed, each household must qualify for the mortgage and may choose their personal mortgage based on the advice of their mortgage professional. The Purchase & Sale agreement requires a 10% deposit, but your preferred mortgage may require a higher down payment. Please contact your mortgage professional to determine your mortgage qualification limits.
purchasing a home at driftwood
This website does not constitute an offering for sale. Any such offering can only be made by way of a disclosure statement. Potential purchasers are welcome to contact us for more information, as well as our disclosure statement.
becoming part of our group
The current members of Driftwood Village Cohousing are also the directors and shareholders of the development company, Driftwood Village Cohousing Ltd.
Becoming part of our company is an option for the future purchasers of our available units, which would allow your household to participate in decisions before move-in, giving you more control into the development of your future home. Please contact us for more information about the details, benefits and responsibilities of joining the development company.