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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What is revocation when it comes to Vancouver Real Estate contracts? The definition ~ the official cancellation of a decree, decision, or promise. What does it mean in Vancouver Real Estate? If this has happened to you you will know how much it hurts. Simply put. If you revoke an offer; you have cancelled the contract…
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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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In Vancouver we have a ton of speculation, uncertainty and a lot of bad press on Vancouver Real Estate and especially on Vancouver Realtor's! However, despite all this, multiple offers are still occurring on many homes and condos in Vancouver. The good news, not every home is in a multiple offer situation. And even if…
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