Strategizing for a Home Purchase in a Changing Interest Rate Environment
Posted on Apr 24, 2024
There’s so much media hype and so many sensationalized headlines grabbing our attention from every direction.
Let’s cut through some of the noise around interest rates and buying a home.
Obviously you can’t even begin your home search without knowing what you are able to spend. This CRUCIAL first step involves having a conversation with a qualified m...
Armed and Ready
Posted on Jan 25, 2024
The Bank of Canada met for the first time this year and announced that they will be holding rates steady for the time being.
Great news!
Sort of…
This will instill confidence back into the market and as a result it will become competitive among buyers once again resulting in multiple offers and in many cases ‘subject free’ offers.
Is becoming a homeown...
Great news!
Sort of…
This will instill confidence back into the market and as a result it will become competitive among buyers once again resulting in multiple offers and in many cases ‘subject free’ offers.
Is becoming a homeown...
Assessed Value vs Market Value
Posted on Jan 18, 2024
In my experience here's what I've learned about assessed value:
One third of the time they are high.
One third of the time they are low.
One third of the time they are accurate.
Therefore, two thirds of the time they are wrong!
Remember, assess...
Does it Pay to Wait for Interest Rates to Drop?
Posted on Jan 11, 2024
I was up skiing recently and while in the gondola the topic of real estate came up.
One of the fellow riders asked me if he felt we were at the peak of the market.
The peak!?
Dude we’re only halfway up the mountain.
I love analogies and insert them wherever I can, maybe to make things relatable? I dunno, in any case I’m good at them. Maybe it’s my lo...
Title Insurance: What is it and Do I Really Need It?
Posted on Dec 19, 2023
When we hear the word insurance typically we are skeptical. However, when it comes to title insurance I would say for the one time nominal cost it's worth getting.
Title insurance offers protection by insuring against potential legal claims and property ownership issues that may arise in the future. Let's take a deeper dive into what title insuranc...
Summary of Government Regulations & Declaration Dates
Posted on Jun 08, 2023
- The City of Vancouver Empty Homes Tax is 3% for any homes deemed empty in 2023
- Declaration Due Date is February 2
- All homeowners must complete a declaration and confirm exemptions, if applicable clauses required in Contract of Purchase and Sale to protect buyer
- https://vancouver.ca/home-property-development/empty-homes...
