Buying in Whistler right now is a pretty attractive investment! Especially for US residents, where they are automatically getting a 20+% discount, thanks to the weak Canadian Dollar.
If you are an American considering purchasing a property in Whistler, here are some important notes on the financing and the steps required to make the process as smooth as possible:
– Anyone who files taxes in the US is considered a US resident for mortgage financing purposes.
– US residents can get up to 80% financing for properties just under $1,000,000. For properties over $1,000,000 the percentage financing available will decrease as is common with most higher priced purchases.