Trying to figure out how to buy your first home? With the high cost of Real Estate in Metro Vancouver many young people think it's impossible for them to purchase their own home. Although buying Real Estate is expensive, with a lot of hard work, realistic expectations, and some creativity - nothing is impossible! Let’s be completely honest here, for the average person buying your first home will not be everything you have ever dreamed of. ... Read the Post...
Everything you Need to Know About the BC Assessment?
Each January BC Assessment sends out notices to almost 2-million households in BC. But what is the BC Assessment? Well, it provides owners with the “value” of their property. How Accurate Is Your Assessment Notice? BC Assessments can cause excitement or disappointment for home owners, depending on if the value of their home has increased or decreased. However, we wouldn’t recommend breaking out the champagne or Kleenex box just yet! BC ... Read the Post...
What are Real Estate Deposits and Down Payments?
When purchasing real estate there is often confusion about the difference between real estate deposits and down payments. So what is the difference? Deposits When purchasing real estate, the deposit is the money that you put down to secure the property. Whenever a buyer makes an offer for the purchase of real estate the contract provides for a deposit. Deposits are typically 5% of the purchase price and are payable as a bank draft or ... Read the Post...
How to Buy a Foreclosure
Buying a foreclosure can be quite the process, there are many things that you need to consider before you get involved. Time It can be a long process. It is not like a typical Real Estate transaction, where you have a 1-week subject removal. You actually remove your subjects first and then wait for a court date to be set in order to get court approval for the sale to go through. Foreclosure Clause: As-Is, Where-Is Before you start ... Read the Post...
