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...
5 Ways to Improve the Value of Your Home
Posted on Feb 15, 2023
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When entering into the world of real estate there are endless possibilities.
For the most part, people want to purchase a home for themselves and enjoy the security of home ownership.
However, other options include buying a rental property or buying a fixer upper to flip.
Budget is everything these days and it’s not easy to find the per...
Budget is everything these days and it’s not easy to find the per...
The Ebbs and Flows of the Real Estate Market
Posted on Dec 20, 2022
Let’s start by differentiating between a trend (Mega Trend) and statistical noise (Micro Trend).
The media has a heyday with the Micro Trends because they lend to sexy headlines.
SALES ARE DOWN X% FROM LAST MONTH (or...
