Real Estate

Read more on Empty Homes Tax in the City of Vancouver
TagsReal Estate

Empty Homes Tax in the City of Vancouver

What is Empty Homes Tax? The Empty Homes Tax is a municipal tax that affects anyone who owns a Class 1 Residential Property in the City of Vancouver. It is an annual tax at a rate of 1% of a property’s assessed taxable value. According to BC Assessment, which runs real property assessments throughout the…

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Read more on Stigmatized Property – What to Know About a Stigmatized Property as Sellers and Buyers
TagsArticles, Real Estate

Stigmatized Property – What to Know About a Stigmatized Property as Sellers and Buyers

What is a Stigmatized Property? A stigmatized property is one that has had an event occur that is considered a stigma or a potential stigma to buyers. Examples of a Stigmatized Property A list of potential stigmatized properties: Belief that house is haunted Death of an occupant (murder, suicide, natural causes) Divorced house Seller has…

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