In-Home Danger: Radon Gas November is Radon Action Month, and the BC Real Estate Association (BCREA), BC Lung Foundation, and Real Estate Foundation of BC are announcing the launch of a new collaborative Radon Gas Public Awareness Campaign. So, let’s explore: What is Radon? Radon is a naturally occurring colourless, odourless, radioactive gas that is released when … Read more
Managing Flooding Risks: A Guide for Homeowners in British Columbia Introduction Beautiful British Columbia, its stunning landscapes and abundant waterways make it one of the most beautiful places to live in Canada. However, the same features that contribute to its beauty also come with significant challenges—particularly when it comes to flooding. As climate change … Read more
Minimize Your Risk in Real Estate by Understanding the Depreciation Report The Importance of Depreciation Reports for Strata Properties A depreciation report also known as a reserve fund study in some regions, is a planning tool that identifies the common property, common assets and those parts of a strata lot the strata corporation by … Read more
Investing in Real Estate: A Proven Strategy for Long-Term Financial Stability The Benefits of Investing in Real Estate Investing in real estate has numerous benefits that make it a smart financial move. Firstly, whether you are buying a property to live in or to rent to others, you have control over your own investment. Unlike … Read more
Unlock the Benefits of Buying a Home in Spring: A Guide for First-Time Homebuyers As a first-time homebuyer, you’ve probably already heard that buying a home in the spring has its advantages. But why is that? And what can you do to make sure you get the most out of your home buying experience during … Read more
Taking the mystery out of working with a Realtor® Choosing a real estate agent can be a daunting task. Buying a home is the largest purchase you will ever make, therefore you need to be prepared, so it can be done right. Your values and expectations need to be aligned with the Realtor® you choose. … Read more
Do You Know the Risks and Benefits of New Home Presales and Preconstruction? As anyone who lives or works in the Lower Mainland can attest, one thing that never seems to slow down is the preconstruction of new homes. From townhouses to condos and even single-family homes, there are several presales happening at any given … Read more
In case you missed it, John talks Subject-free Offers with Global News B.C.’s Hot Real Estate Market In May 2021, John Grasty talked to Global BC’s Anne Drewa about the rise in subject-free offers that are contributing to the hot real estate market in B.C. John is advocating for stronger buyer protection. Telling Global BC, … Read more
Principal Residence Exemption – 2016 Reporting Requirements For the 70% of Canadians who own a home, it is a place to live, raise a family, and connects them to their community. Due to Canada’s tax system’s Principal Residence Exemption, when we sell our homes, any increased value or “capital gains” are not taxed. This tax break … Read more
What is Your Home and Property Really Worth? Making Sense of the BC Assessment It’s that time of year again. Every first week of January, BC Assessment, a Crown corporation, sends out its annual notifications of property assessments for owners throughout the province. And every January, homeowners scramble to make sense of the assessment. What … Read more