Real Estate Market Update
Posted on Jun 14, 2022 in Market Update
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...
SPRING CLEANING!
Posted on May 27, 2022
It's that time of year! The days are longer and sun is shining. Spring is officially here!
We want to help you be ready to tackle your Spring Cleaning, so here is an easy to follow checklist made just for you!
PROPERTY TAXES and What Are They?
Posted on Apr 20, 2022
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:
1% on...
HAPPY ST. PATRICK'S DAY!
Posted on Mar 17, 2022
THE LEGEND OF THE BLARNEY STONE
Each country has it's own legends. A legend is a story about the past. There is a very famous legend in Ireland about a magical stone. This is called, the Blarney Stone. You can find the Blarney Stone in the wall of the Blarney Castle in Ireland. According to the legend, an old woman was drowning in a river and a King...Hire the Right Agent, For the Right Reasons: 8 Questions to Ask
Posted on Mar 13, 2022
Finding a real estate agent who is right for you requires doing a little homework, and asking the right questions. Choosing an agent is a decision that could ultimately cost or save you thousands of dollars. Keep in mind the individual you choose will be handling almost every maneuver in the biggest financial investment of your life. Experience, in...
Budgeting for Closing Costs
Posted on Jan 05, 2022 in Buying Tips
Don't forget about closing costs! When buying a home, be sure to plan ahead when saving for that down payment and closing costs. Closing fees include things like including legal fees, Realtor fees, moving costs, disbursement fees, and utility fees. They are typically paid on the day your purchase closes.
Other costs you will come across when purchas...
