Are you aware that there is a new tax called Speculation Tax? This is different than empty homes tax, and requires you to apply in order to be exempt. If you do not, you will be automatically charged 0.5% for Residences and 2% for non-Residences. There are a number of qualifications that you must meet…
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Our Top Three Tips When Dealing with Low Ball Offers Today's topic is dealing with low ball offers. We are going to go over our top three tips when dealing with a low ball offer here in Vancouver real estate and in all markets. This is happening as the market as gotten a little slower,…
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It seems, yet again, that hardwood flooring is one of the most sought after 'must haves'. What about laminate flooring? Have you ever wondered what the difference is between hardwood and laminate? Do you think that one is much more expensive than the other, or that one looks cheap? Is there a best option? If…
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There has been speculation for quite some time now about where exactly the entrance is for the Arbutus Station. The western terminus station, Arbutus Station, of the underground extension of SkyTrain’s Millennium Line will be Broadway & Arbutus Street. The open plaza space adjacent to Arbutus Greenway and BC Liquor Store was originally intended to be reserved…
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The Canadian Government considers increasing the length of amortizations Home prices have risen drastically over the past decade with some homes more than tripling in value. For the most part, interest rates have stayed quite low, only with a slight increase lately mostly as a result of the stress test. With this increase in home…
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Home listings increase while buyers remain in holding pattern In metro Vancouver buyer activity continues to remain under historical averages. While this may be the case, home listings continue to increase. What does this mean for the Vancouver market? Is this a buyers market? The Real Estate Board of Greater Vancouver (REBGV) REBGV reports that…
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Are Liberals really looking to make home-buying more affordable for millennials? Home prices have soared over the past decade. This has proved to be a difficult time for fist time home buyers. How does this provide an opportunity for the younger generation to enter into the housing market? Quick answer, it doesn't. Is there a…
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Do You Know the Major Differences Between Common Property & Limited Common Property? Thankfully, we do and are here to help and inform you in every area of Real Estate. When purchasing a condo or an apartment you are purchasing an interest in land and becoming a tenant in common. Common property is owned collectively…
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Tips to Prepare Your Home for Sale When putting your home for sale in Vancouver, or anywhere for that matter, preparation is crucial. Everyone is busy and that is understandable however, Real Estate is most likely the biggest investment you have ever made. If this is the case which it most likely is - would…
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Would you like to own a $1.7 million mansion for $25? Are you in a position where you are bathing in millions of dollars? Or do you find it hard to imagine having the funds to afford a multi million dollar mansion? You have to be well established in your career and have your finances…
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