Should I Build Or Should I Buy A Home?

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If you are in the market for a new home, you may have considered building from scratch instead of buying a resale home. While the decision isn’t always simple or obvious, each option has its pros and cons. Building a new home – advantages Control over details You can personalize the details of your home […]

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Here Are Some Great Ideas On Buying A Home, For First Time Home Buyers

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Owning a home is a dream and a goal for most of us. But today’s first time homebuyers face numerous challenges in the form of higher prices and government regulation, which makes this dream more difficult and out of reach for some. So as a potential first time homebuyer, you have to change the way […]

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Carbon Monoxide Leaks – Are You Adequately Informed And Protected Against This Fatal Gas?

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  It’s an odourless, colorless and potential deadly gas that is a byproduct of incomplete combustion – anything that burns a fuel emits carbon monoxide or CO. This deadly gas can escape from a furnace or boiler malfunction, a gas fireplace, or any appliance that burns a fuel. Someone who is asleep can die from carbon […]

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5 Great Reasons Why Maintaining Your Roof Is So Important.

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Your roof is one of the largest parts of your house and the most vulnerable, as it is exposed to weather hazards and other elements that contribute to its damage and deterioration. If it is neglected, its lifespan can be dramatically shortened and this can be very expensive for you the homeowner. By doing regular […]

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REBGV Market Update For December 2018 – Buyers In Control

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The December 2018 market report released by the Real Estate Board of Greater Vancouver (REBGV) has displayed the same trends that have been prevalent over the past few months. In his end of year comments about the Greater Vancouver real estate market, Phil Moore, REBGV president said. “This past year has been a transition period […]

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BC Government Launches New Condo Registry To Prevent Condo Flippers From Evading Taxes.

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Keeping in line with one of its election pledges to create transparency and prevent tax evasion in BC’s real estate industry, the BC government recently launched the “Condo and Strata Assignment Integrity Registrar”, which will scrutinize condo sales more closely. Beginning January 1, 2019, developers who sell strata lots in development properties are required to: […]

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How To Be A Responsible Short Term Rental Operator

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A short-term rental is a stay in your principal residence for less than 30 days where you receive mail. If the property is a rental, then the strata bylaws must allow short-term rentals. If the property is a rental, then the landlord’s permission must be obtained. A business license must be obtained if you want […]

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Now Is A Great Opportunity To Take Advantage Of The Softer Market And Invest In Real Estate.

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Investing in real estate is an alternative to investing in the stock market. We are in a buyers market with the number of available listings at all time highs. Now is a great opportunity to take advantage of this situation as prices will eventually start to rise, and you may miss out on a fabulous […]

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Real Tips On How To Save Money On Your Energy Bills This Winter

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Nowadays, the price of pretty much everything is going up, including energy. While the cost of heating your home may be steadily rising, you are in a position to control how much energy you use, thereby reducing the pain in your wallet. Below are some tips to help reduce your costs while improving the comfort […]

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Can Home Sellers Back Out Of A Deal To Sell Their Home?

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Purchasing and selling a home is a very emotional process. Normally one hears of buyers backing out of real estate contracts, but there are situations when the seller can and will back out of a sale. Why would a seller back out? A Lack of a suitable home to move into. This arises when the […]

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REBGV Market Update For August 2018 – Housing Market Calmer.

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All housing types are continuing to see reduced demand as was made clear in the August 2018 market report released by the Real Estate Board of Greater Vancouver (REBGV). August 2018 sales were 25% below the 10 year August sales average. “Home buyers have been less active in recent months and we’re beginning to see […]

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If You Are Planning To Build A New Home, Here Are Some Important Tips You Cannot Ignore

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It may seem a daunting task, but building a new home can be a rewarding experience.  You can truly make it your own: you get to choose colors, cabinets, flooring and fixtures without having to deal with the design choices or shortcuts made by previous owners. But building a new home can be very stressful […]

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Good News For The Self Employed – Buying A Home Will Be Much Easier

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Self-Employed individuals have had a harder time qualifying for a mortgage as their incomes may vary or be less predictable. This will soon change as from October 1 2018, Canada Mortgage and Housing Corporation (CMHC) will make changes that will make it easier for the self employed to secure a mortgage. The self employed make […]

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Should I Sell Or Should I Renovate? – Important Points To Consider

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You have been in your present home for a number of years, the family is growing and you have been thinking about moving into a home that fits your needs.  You want a new home but you love your neighbours, your yard, the schools are close by, the bus stops 15 feet from your entrance,……these […]

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Corporate Secrecy On Landownership In BC May Soon Be Gone

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In 2001 when Gordon Campbell became premier of this province, he amended the Business Corporations Act, by declaring a law (Section 49) that prevented the media from visiting a corporate registered records office to find out who owns the company. This was a thorny issue with Transparency International Canada, which has been saying all along, […]

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REBGV Market Update For June 2018 – Supply Of Homes For Sale Reached A 3 Year High

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The highlight of the June 2018 market report released by the Real Estate Board of Greater Vancouver (REBGV), showed that home sales dipped below long term historic averages, and supply reached a 3 year high. “Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we haven’t […]

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How US President Trump’s Steel Tariffs Can Have Dire Consequences For The Canadian Construction Industry.

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The temporary reprieve we wrote about in March was just that – a temporary reprieve. (read our blog “The Steel Tariffs: We Have A Temporary Reprieve, But Will Trump’s Proposed Tariffs Affect Canadian Real Estate?” ) Last month the unthinkable did happen when US President Donald Trump slapped tariffs on some $20 billion worth of Canadian […]

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Here’s What You Need To Know About The New Real Estate Rules Recently Rolled Out.

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On June 15, the BCREA rolled out new rules aimed at better protecting both home buyers and sellers. The real estate board mandated an independent advisory group in June 2016 to look at market conduct in view of the white-hot market and all the scandals and shady dealings that were affecting consumers at the time. […]

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Thinking Of Helping Your Child Buy A First Home? Here’s How You Can Do It.

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Remember the good old days when you began your early independent life with a nice starter home in the suburbs with a small lawn to cut in the summer, and a driveway to shovel in the winter? A few years later you bought a bigger home, moving up in life and work….Not anymore. Today the […]

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Are Vancouver’s Priciest Homes Becoming More Affordable?

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It was only 2 years ago when Vancouver’s luxury real estate market was one of the best performing in the world.  Today, according to the Knight Frank Global Cities Index, Vancouver sits as the second worst performer over a 6-month period to March 2018. The April benchmark price for a single family home in East […]

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Real Burglars and Home Invaders Sharing Their Secrets On Where They Strike and How You Can Avoid Becoming A Target.

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When it comes to securing our homes we all think we are doing the right thing by buying expensive alarm systems, installing security cameras, putting our lights on timers, etc. But does any of that really scare the burglars away? Not really, according to a ground breaking survey done on convicted burglars and home invaders […]

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REBGV Market Update For April 2018 – Fewer Home Buyers And More Sellers.

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The April 2018 market report released by the Real Estate Board of Greater Vancouver (REBGV) noted that market conditions are changing, whereby home sales declined and seller activity increased. “Market conditions are changing. Home sales declined in our region last month to a 17 year April low and home sellers have become more active than […]

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REBGV Market Report For March 2018 – Housing Sales Dip While Prices Rise

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The Real Estate Board of Greater Vancouver (REBGV) released its housing report for March 2018. It reported that Metro Vancouver home sales continued to drop on a year-over-year basis. According to RBC Senior Economist Robert Hogue, the region’s sales decline is not surprising due to the mortgage stress test that had been introduced at the […]

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10 Reasons Why You Should Use A Realtor When Purchasing A Pre-Sale Deal

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Buying a condo through a “presale deal’ is when you make an initial lump sum payment for the right to receive a finished unit at the end of the deal.  It is a popular practice especially in the Lower Mainland, where there a number of condo projects currently under construction. Some huge advantages to buying […]

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The Smart Homes Revolution: You Cannot Ignore It.

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The Smart Homes Revolution: You Cannot Ignore It. In today’s homes, Smart Home technology is becoming more and more ubiquitous and difficult to avoid. It encompasses things like thermostats, lighting, video etc.; just about everything at home can be connected to a smart device making our lives easier. For example, the Smart Home revolution has […]

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REBGV Market Update For December 2017 – Condo and Townhome Sales Continued to Dominate.

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The December 2017 Real Estate Board Of Greater Vancouver (REBGV) market report showed that the prevailing trend of the last few months, continued in December. Home Sales December sales of detached, attached and apartment properties totaled 2,016, a 17.6% increase from December 2016 and a 27.9% decrease from the previous month. December sales were 7.5% […]

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New Mortgage Rules – Important Information For Homebuyers, Especially First-Time Homebuyers.

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Beginning on January 1st 2018, the Office of the Superintendent of Financial Institutions (OFSI) introduced 3 new rules that hit first time homebuyers and those thinking of refinancing their homes, the hardest. New minimum qualification rate or “stress test” All prospective homebuyers, even those with a down payment of over 20% have to pass this […]

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Important Tips On How To Protect Your Garden From Frost During This Cold Weather

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The freezing weather we are currently experiencing can harm or kill plants and damage crops. The cold weather especially frost, causes the water in the plant cells to freeze, damaging the cell wall. Plants most vulnerable to frost are: Spring blooming shrubs and trees such as cherry, azalea, and rhododendron Houseplants and tropicals Tender bulbs […]

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