As the budget was announced we have learned that we will see more taxes in many areas of Real Estate. For some reason the government believes that to solve any Real Estate crisis the only solution is taxing the ones who have more money. Unfortunately we have seen that just does not work in the…
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First Time Selling Vancouver Real Estate | Info Guide So you are looking to sell your home which is something you never have done before. You turn to the internet for some help but all you can find is information on first time buying when it comes to Real Estate. Here is an attempt on…
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Preparing your Vancouver Home for Sale Staging a home in Vancouver is integral in this market and especially when vacant. However, when a home is occupied by a home owner there are many things you can do to make your home look and feel its absolute best when you take photos/video, have open houses or…
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Are you a non-resident selling a Vancouver home? This is a must read In Vancouver Real Estate residential conveyancing (Selling as a non-resident), there are many circumstances in which funds must be retained/heldback in trust after the property has sold, most of them by agreement between the parties. None, however, is more onerous on sellers…
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Don't get caught with your pen down When they say on contracts of purchase and sale "time is of the essence". We really mean it! Let me show you why... Example: A long time ago we had a contract on a very nice condo at Woodwards in East Vancouver. We tied it up in subjects,…
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The New Mortgage Rules Explained by My Mortgage Broker ~ Niki Cuthbert UPDATED Dec 27, 2017 You've probably noticed that the media has been spending a lot of time covering the upcoming changes to mortgage lending rules that will take effect Jan. 1, 2018. However, there still seems to be a lot of uncertainty as…
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2-5-10 Warranty Coverage in Vancouver As a Vancouver Realtor with experience in presale condos and homes I get the question about "what is the 2-5-10 warranty". Although we can always give general knowledge on it it is important to know exactly what it entails. One of the larger insurance providers is Travelers Insurance Company of…
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There is an epidemic happening all over Greater Vancouver Real Estate and for the life of me I cannot figure it out. Here it is: Someone pays anywhere from $600,000 to Millions of dollars for you home or condo, gives you the dates you needed to align you with your next move in life and…
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The City of Vancouver v.s Airbnb in Vancouver Real Estate The City of Vancouver is proposing some new rules on owners of Real Estate who use their residences or investments as income generators. Of course, this is yet another cash grab and they have claimed this will free up 1,000 more rentals in the city.…
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In this crazy market we continue to be in here in Vancouver many Realtors take the strategy to underprice homes and condos in order to create a multiple offer scenario for their home seller. It has worked over and over again in this market but my question is how do we know if we left…
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