What is probate? Probate in short is the court procedure for 2 things: Official approval of the will by the court as the valid last will of the deceased Appointment of the person (or persons) who will act as the executor of the estate It is the court process that gives the executor (or executrix)…
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Real Estate Marketing 101 - Floor Plans Can Make You More Money! Let's get right into it. If your Realtor is not providing a listing for your property you are trying to market and sell, they are being frugal. And, you should get a new agent who offers the full package. This is costing you…
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Vancouver Real Estate & Capital Gains In Vancouver Real Estate - many home sellers have made a lot of money on their homes or Real Estate investments. The big question is will you be charged Capital Gains? "In simple terms, a capital gain is an increase in the value of an investment (such as stocks…
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Real Estate Marketing 101 Vancouver Realtors who save hundreds on marketing can and will cost you thousands of dollars. In this crazy Real Estate market today it is easy to get away with bad marketing and still sell homes with multiple offers. However, what the seller does not realize is that those 2 or 3…
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Mid February has become an ultra exciting time for first time home buyers in British Columbia. Many individuals have been counting down the days to complete their eligible purchase on or after February 15th in order to participate in BC’s Home Partnership Program. All across Vancouver, dreams of home ownership are finally becoming more of…
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Contract of Purchase & Sale for Strata's Buying into a strata whether it is 4 suites or 500 you must have many subjects and protective clauses in your contract of purchase of sale. The most important one is the Special Levy / Special Assessment Clause. Here is the long version of the Special Levy Clause:…
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Buying a House in Vancouver? Some people may want to perform a WETT inspection. WETT stands for Wood Energy Technology Transfer. The WETT inspection includes a very thorough inspection of wood burning appliances - typically fireplaces. What exactly is included in a WETT inspection? A WETT inspection is an inspection that must be conducted by…
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First time buyer downpayment by Mortgage Broker Niki Cuthbert Over the last couple of months we have seen considerable government intervention in the mortgage world. The BC provincial government has recently introduced a down payment assistance program with the goal of helping first time home buyers get into the housing market, while the federal government…
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Breaking into the real estate market can be a life changing experience. If you have been fortunate enough to live rent free at home, while eating lots of peanut butter and noodles; you may have been able to save up a decent down payment. Some families opt to still charge their kids' rent while attending…
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Election time; Foreign Tax, Vacant Tax, Property Transfer Tax, Property Taxes up 40%, Tax, Tax, Tax.... The last 365 days in Vancouver Real Estate has seen quite some changes. This "crisis" as the politicians like to call has lead them to tax the heck out of Real Estate to "protect" the citizens. Really? Taxing Real…
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