Buying

Oct. 14, 2016

Market Reality or Just Perception?

As you know, the Government has implemented the Foreign Buyer Tax and recently introduced the tightening of insured mortgage qualifications.

The direct effect of these actions slows the foreign buyer activity and the number of low down payment purchasers in the market. The broader effect is to …

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Aug. 13, 2016

How Much Time Should You Spend Viewing Homes?

Figuring out how much time you should spend viewing properties for sale is a little like asking, “How long should I spend trying on shoes?” The short answer: As long as it takes to make a decision!

Buying a home is significantly more complex than purchasing shoes – and …

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Posted in Buying
Aug. 3, 2016

7 Ways to Help Your Pet While Moving

Moving can be a stressful time for many people. And that includes your pets. So we thought you might enjoy this article from Canadian Living: 7 Ways to Help Your Pet Cope with a Move

Posted in Buying
July 28, 2016

OSFI Trying to Manage Mortgage Risk

The Office of the Superintendent of Financial Institutions (OSFI), which regulates Canada's banking system, sent a letter to federally regulated financial institutions regarding their concerns about household debt, low interest rates, and the rapid home price increases.

The OSFI intends on monitoring:

  • Income verification
  • Non-conforming loans
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Posted in Buying , Mortgage
July 15, 2016

How to Win the Real Estate Bidding War in Metro Vancouver

... And Get YOUR Offer Accepted!

In Metro Vancouver’s strong seller’s market, it is increasingly difficult for buyers to purchase a home. If the property is priced well and desirable, buyers typically end up competing with many others; all trying to purchase the home. This has led to buyer’s …

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Posted in Buying
July 13, 2016

Getting the Most from an Open House

Have you ever attended an "Open House" advertised in your area or in a community you like? Most people have. Even if you're not serious about moving, viewing a few properties in a neighbourhood you like is a great way to get a sense of the market.

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Posted in Buying
July 9, 2016

Thank You for Your Help, Lori & Alan!

We recently had the pleasure of helping Debbie and Jamie buy a home in Richmond, BC. This is what they said about their experience working with us:

"My wife and I recently purchased a condo in Richmond after a 3-year search for our "ideal" property. We decided to retain

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Posted in Buying , News
July 9, 2016

“Closing Day” Terminology You Need To Know

Closing day is an exciting time. After all, you’re moving into your new home! However, it can be stressful as well. The last thing you need is to be confronted with something you don’t understand. So here is a quick list of common “closing day” terms.

• Disbursements. This is …

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Posted in Buying
July 7, 2016

When Renting a Spare Room Becomes Problematic

Websites such as Airbnb and Vacation Rentals By Owner (VRBO) help property owners “share” their extra space by renting homes, apartments, and spare rooms.


Known as part of the “sharing economy,” property owners and tenants, called “hosts,” give strangers keys, front door codes, and gate openers. This can bring parking …

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Posted in Buying
July 7, 2016

Top BC Home Rebates and Grants

View the top grants and rebates for B.C. property buyers and owners.

You should see the PDF below, but if not, you can manually Open the PDF.

 

Posted in Buying , News, Owning, Popular