Buying presale condos and townhouses can be exciting, but it can be a very scary process as well, especially if you don’t know what you are doing or what to look into. We have come up with a list of some of the most important things to look for when you are considering purchasing a presale condo or townhouse. Presale Condo & Townhouse Disclosure Statements People are often blindsided by the beauty of their ... Read the Post...
How To Buy Your First Home
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 is a Real Estate Deposit?
A real estate deposit is money paid to secure a property when making an offer. It is usually held in trust by the buyer’s agent’s brokerage. If someone else holds the deposit, seek legal advice to ensure it is handled properly and released under clear terms. How much is a Real Estate Deposit? There is no set deposit amount, but in Metro Vancouver, it is typically 5% of the purchase price. Some sellers may accept a lower deposit, while ... Read the Post...
