The City of Vancouver v.s Airbnb in Vancouver Real Estate The City of Vancouver is proposing some new rules on owners of Real Estate who use their residences or investments as income generators. Of course, this is yet another cash grab and they have claimed this will free up 1,000 more rentals in the city.…
Read More
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…
Read More
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)…
Read More
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…
Read More
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…
Read More
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:…
Read More
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…
Read More
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…
Read More