In this crazy market we continue to be in here in Vancouver many Realtors take the strategy to underprice homes and condos in order to create a multiple offer scenario for their home seller. It has worked over and over again in this market but my question is how do we know if we left…
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When you live in a coastal community, it is vital to plan your renovation projects as much as possible. Maximizing our dry, sunny days is an integral part of the roof repair equation. If you are thinking of selling your home with a leaky or damaged roof; be prepared to drop significant numbers off of…
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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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Multiple offers in Vancouver Real Estate Since 2015 we have been experiencing a short supply of listings and massive demand for condos and detached homes. This has been causing prices to rise at an alarming rate (almost daily) and has been the source of frustration for many buyers in Vancouver. So, when you find yourself…
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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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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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