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Which is the most expensive neighbourhood in Greater Vancouver?

April 28th, 2014
When we collect statistical sale data on homes in Greater Vancouver, the Real Estate Board of Greater Vancouver (REBGV) considers a lot more than just average prices.  It also looks at: lot size, age, number of rooms, etc to determine a 'typical home in the area.'  The most expensive neighbourhood is in West Vancouver-Whitby Estates, which is an area of luxury homes which stretches across the ...

Do you live in a building with an Air Space Parcel?

April 26th, 2014
If you are considering purchasing a new condo in a "multifunctional" building, such as one with: commercial units on the bottom, hotel units in the middle and residential strata homes on the top, then you may want to double check the Disclosure Statement and Title for an "Air Space Parcel" Agreement.  This could have a large impact on the residential strata lots in terms of shared costs and c ...

Why do I need to know about Interest Differential Penalties?

April 22nd, 2014
Breaking a mortgage is not a minor issue when you consider 9% of borrowers end up refinancing their mortgage before the term is up, according to the Canadian Association of Accredited Mortgage Professionals.  Know before you buy a home!!  Ask pertinent questions of your banker or mortgage broker abour the mortgage penalties in advance of signing your documents. If you have an "open" mortgage, ...

Cracking the Costco Price Code

April 21st, 2014

If you can interpret what the various sequences of digits and asterisks mean on Costco Wholesale Club price signs, you’re on your way to scoring serious bargains.

Here’s how it works, according to Costco shoppers spreading the word online: If a price at Costco ends in .99, you’re paying full price. But if it ends in, say, a .97, it represents a deal with a special price decided by the manage ...

1908 4900 FRANCIS Road, Richmond, British Columbia

April 17th, 2014

I just finished uploading this Townhouse for sale, 1908 4900 FRANCIS Road, Richmond, British Columbia

Countryside Estates. Well maintained 3 bedroom townhome with ongoing updates including windows, main bath, HW tank, paint & more. Spacious plan offering large rooms storage, 2 parking spots, beautifully landscaped yard & patio, wood burning F/P & more. Great complex with rec center & outdoor ...

108 8880 No. One Road, Richmond, BC

April 17th, 2014

I just finished uploading this Apartment for sale, 108 8880 No. One Road, Richmond, BC

BEST BUY in SEAFAIR, bar none! Unbeatable value for this delightfully updated, 3 bed S/E corner condo in popular Apple Green. Big Den is easily convertible to the 3rd bedroom. Just move in, unpack and relax as most of the updates are already done for you: NEW FLOORS, NEW PAINT, NEW STAINLESS APPLIANCES, NE ...

44 4945 57TH Street, Ladner, British Columbia

April 17th, 2014

I just finished uploading this Townhouse for sale, 44 4945 57TH Street, Ladner, British Columbia

Oasis! Excellent 3 bedroom 2 bathroom townhome in a well maintained family oriented complex. Quiet end unit with stamped concrete patio backing onto greenspace. Many updates including kitchen, floors, paint & windows. Low maintenance fees & pet friendly. Close to amenities.

$5,000 Income Tax Credit for First time home buyer

April 16th, 2014
Did you know that there is a First Time Home Buyer Tax Credit of $5,000 that you can claim on your income tax return on a qualifying home if:
you or your spouse or common-law partner acquired a qualifying home; and
you did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding years (first-time home buyer).
Singl ...

Why should I avoid condensation in my home?

April 14th, 2014
Why must I avoid condensation problems?  Condensation can cause serious damage to the interior and structural elements of your home.  If left unchecked, condensation can cause: crumbling of drywall, decay in wood framing, corrosion of steel frames, peeling paint, damage to insulation and finally mould and mildew problems.   Mould and mildew can lead to health concerns.  Keep a watchful eye ou ...

Spring is for plans and projects!

April 10th, 2014
Spring is the time of plans and projects! No matter how long our winter, thankfully, Spring is sure to follow.  We all get “itchy” this time of year and we all can’t wait to get out in our gardens and tackle those household tasks that we have been putting off for months.  Over the winter, I had a chance to watch some of the popular home renovation shows. The professionals make it all seem so ...
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