After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,918 in May 2022, a 31.6 per cent decrease from the...
When you own, lease or gain an interest in a property (e.g. land, home, etc.) located in B.C. you must pay property taxes. Below, we have some information on taxes to consider when purchasing a property.
1.PROPERTY TRANSFER TAX (PTT)
This tax is mandated by the PROVINCIAL GOVERNMENT, & is calculated as follows on the Purchase Price of the home:
We would highly recommend WyantCraig to anyone looking to sell their home. We felt comfortable with Sandra and Josh from the get go and were a pleasure to work with. They are the real deal, knowledgeable with high integrity, honesty and respect for everyone involved with the process. They helped prepare us even prior to listing our house and answered our many questions. The marketing was extensive and professionally done (photography, video, mail outs and social media) and reached a vast audience. They represented our interests with the process and strategy from start to finish. The entire team is meticulous and detail oriented keeping us informed throughout the entire process. We are 100% satisfied customers!
- Sheila Sylvestre
This is the sixth real estate transaction our family members have conducted with Sandra and Josh, and I can't imagine going to anyone else for our real estate needs. They are highly professional, thoroughly knowledgeable about the market and the ins and outs of their business, and treat their clients with respect and honesty. We know we can always trust Sandra and Josh to give us the best of advice, because to them, their clients' needs come first. Thank you, Sandra and Josh -- again!
- Marita Haavisto
Sandra, Josh and the rest of the team were the best. They were knowledgeable of the real estate industry in the specific location that we wanted (and got!). They were highly responsive to the many inquiries we had. They were very organized that they helped us so much with everything that needed to be done before and during of both the sale and purchase. We highly recommend their services.
- Maria Villaluna
They made, finding our dream home, a seamless experience for us! Would recommend them to the ends of the earth! Thank You WyantCraig Real Estate Group for doing such a great job!
- Kira Fuller
The WyantCraig Team was amazing and our experience of selling (in just 7 days) and buying a home was made easy and stress free by their expertise, care and competence. If you are looking to sell your home or looking to buy Sandra and Josh are truly realtors that put their clients needs at the heart of all transactions. Special mention goes to assistant Joan, which kept us up to date on all the showings. We highly recommend them.