Written Proof of the Depreciation Report As a client looking to buy in a strata apartment or townhouse, I want to have for you written proof of the depreciation report; at least being well underway. Lawyers will always remind a buyer that if you’re seeking peace of mind then, “Get it in writing”! No report, … Read more
Privacy and Transparency in Strata Corporations One of the things we are constantly reminded of in the real estate industry is the importance of disclosure, and any move towards transparency is a big step providing it doesn’t compromise privacy. If you’ve been involved with financing or refinancing in the past year you’ll know communication seems … Read more
Tri-Cities Housing Mix Trend Continues Five years ago we learned that the inventory of Port Moody multi-family homes surpassed single detached homes. Using December 31, 2007, as a random benchmark, 47.2% of Port Moody’s 10,867 residential homes were multi-family. As at December 31, 2013, the total number of homes in Port Moody climbed to 12,477, … Read more
For What It’s Worth… Very shortly you will receive your property tax assessment in the mail; Happy New Year 😉 BC Assessment determines ownership and tax liability, classifying and valuating each property in British Columbia as of the preceding July 1st. It is necessary for these estimated values to be on the same date … Read more
Balanced Market (…didn’t you hear that we’re in one?) There is a cycle that serious buyers and sellers need to consider with their own timing if they are going to be in the market seriously. I use the word “seriously” because far too many people are just wasting the time of willing REALTORS® that take … Read more
Port Moody, BC: Realtor, John Grasty has teamed up with theV3H.com to bring a set of comprehensive guides to the neighbourhoods of Port Moody. It’s always been the goal of Jon Strocel and the team behind theV3H.com to create online resources that help us feel more connected as a community. When residents or potential residents … Read more
Considering Buying a Home in the Tri-cities? Buying real estate can be overwhelming and there’s always an element of risk. Managing the risks of real estate is a big responsibility and isn’t to be taken lightly. As a buyer you’ll have many things to consider besides the house price – costs to expect, things to … Read more
Are you interested in finding out more about, Cash Back Mortgages? I think everyone believes the cash back mortgage is no longer available – but that isn’t the case according to Pauline Tonkin, independent mortgage broker. “Changes by the Ministry of Finance announced in June 2012 affected the maximum amortization for high ratio mortgages, loan … Read more
BUYER BEWARE – A free educational seminar all homebuyers need to attend October 23, 2012 – 7 pm at Douglas College, David Lam Coquitlam Campus
Reading this Canadian Lawyer magazine report: http://www.canadianlawyermag.com/4020/whats-the-future-of-glass-houses.html , I couldn’t help but think about the condo world, where a builders objective is to deliver a product fast and cheap, and where it is likely that the condo buyers will not get the higher end products available despite paying today’s premium prices. We’ve seen every jurisdiction … Read more