Buying

June 24, 2016

Are You Aware of the Leaky Condo Crisis?

Strata buildings that were built in the 1980’s and 1990’s were built with a building code that failed and caused what was referred to as the “leaky condo crisis” in Greater Vancouver. The building code changed somewhere around 1980 which caused water to be trapped within the exterior walls …

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Posted in Buying , Popular
June 23, 2016

How Much Can You Afford for a Home?

If you’re thinking of shopping for a new home, one of the first considerations is price range. You want to know what you can reasonably afford.

How do you figure that out?

First of all, you need to determine the initial out-of-pocket costs. There are often more

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June 23, 2016

Discovering that a Home You Like has “Issues”

Say you’re viewing a home and are impressed with how it looks. The walls are freshly painted. Everything seems bright and new. You’re considering making an offer. 

Then, while standing on a mat in the kitchen, you hear a squeak below your feet. You lift the mat and see …

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Posted in Buying
June 23, 2016

Strata Depreciation Reports

Depreciation reports outline which building system components need to be repaired and maintained, along with associated expected costs and time frames. Planning for these future expenses is an important part of these reports, as strata owners may need to put money in “contingency” funds over time. These “forced” savings will …

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Posted in Buying
June 23, 2016

Deciding on the Discretionary Move

Sometimes we don't have much choice about selling our home and buying another. Circumstances, such as a job relocation, may have made that choice for us.

However, most often the decision to move is discretionary. Sometimes people move simply because they think it's a good idea. They feel …

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Posted in Buying , Selling
April 23, 2016

Costs to Buy a Home & Home Ownership Expenses

Budgeting for a new home can be tricky. Not only are there mortgage installments and the mortgage down payment to consider, there are a host of other—sometimes unexpected—expenses to add to the equation. The last thing you want is to be caught financially unprepared or blindsided by taxes and other …

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April 23, 2016

Benefits of Buying a Home vs Renting

Buying a home is all about decision making, and you can only make the best decisions when you have the best information available. So what are the benefits of owning your own home vs renting?

  • Pride of ownership -- everyone loves to own their own home.
  • Avoiding …
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April 23, 2016

Researching a New Neighbourhood

Below are some tips to research a neighbourhood which may be unfamiliar to you.

  1. Research the neighbourhood from the comfort of your home with our resources:  Vancouver, Burnaby, Coquitlam, Richmond, New Westminster, West Vancouver, North Vancouver, Delta, Surrey.
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March 20, 2016

Home Warranty Insurance - Who's Involved?

Buyers of new homes should be aware of the roles of the builder and warranty provider with respect to the property’s home warranty insurance.

Under the Homeowner Protection Act, every new home offered for sale or built under a construction contract in B.C. must be constructed by a Licensed …

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Posted in Buying , Owning
Jan. 30, 2016

What Home Inspectors See that You Can’t

When you make an offer on a home, it’s a smart idea to have a professional home inspector check it out from top to bottom. This inspection will ensure that the property doesn’t have any unexpected “issues”. After all, you don’t want to buy a home only to discover that …

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Posted in Buying