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CLOSING COSTS WHEN PURCHASING A HOME

November 29th, 2016

GST 

If you buy a newly constructed home or a substantially renovated home, you must pay the 5% GST. Depending on your purchase price, there will be a GST rebate. Calculate your rebate at http://www.bcrealestatelawyers.com/gst-calculator/

Property Transfer Tax (PTT) 

When a residence is purchased a Property Transfer Tax (PTT) is applied. The tax is calculated at 1% on the 1st $200,000 and ...

Step By Step Guide To Selling Your Home

November 28th, 2016

Selling

  1. Lets begin by determining a fair market value of your property. We look at recent activity and make adjustments that add value to your home. I can make suggestions on how to create more value for the buyer which ultimately means more money in your pocket. 
  2. Develop a customized marketing plan and hire professionals to prepare all the marketing materials such as photos, floorplans ...

How To Prepare for Moving Day

November 28th, 2016

Step By Step Guide to Buying A Home

November 28th, 2016

Buying a home 

1. How exciting! are you a first time buyer? are you selling and buying or is this an investment property? 

2. How would you like to pay for that? Contact a mortgage specialist to obtain a pre-approval that best suits your current financial status. Financing options can be a night and day difference, depending on if you are living in or buying as an rental investment. Do ...

The Big Waiting Game to buy your Home - Will you win or is it already too late?

November 28th, 2016

None of us have a crystal ball which will tell us what the markets will do, but if history is any indication of where we are headed, than we don’t have to look very far back. Just the sheer amount of  changes to the industry with little or no warning, in the last 10 months,  is enough to know that things are going to get a lot worse before they are going to get better, if at all!  Most of t ...

Vancouver Empty Home Tax: Better than doing Nothing or Will it make things worse?

November 23rd, 2016

Vancouver Empty Home Tax: Better than doing Nothing or Will it make things worse?

The City of Vancouver approved a new policy which will tax home owners that keep their secondary properties vacant.  Following the foreign buyer tax announced earlier, this is another effort on a municipal level to “cool” down the housing market as well as take care of the lack of affordable housing avail ...

Is December a great time to buy a home in Vancouver or should you wait?

November 11th, 2016

There are still 4 weeks before we are into the holiday week - should you keep looking for your home or wait for spring inventory?

Here are 6 things to keep in mind

1) Inventory Counts:
sure there maybe fewer homes listed at this time of the year, but as long as there are homes coming on the market, should you still look? After all it’s about finding the 1 home that works for you. Does it matt ...