When making an offer to purchase a stratafied home, a prudent Buyer will request Strata Corporation documents in order to make an informed decision. There are several places to check items related to the history of the building or individual unit. Section 35 of the BC Strata Properties Act allows Buyers to access a broad list of documents including reports such as: repair and maintenance, eng ...

Note:  recent changes to the approval vote for repairs to Strata Common Property: The Strata Property Act of BC was amended in December 2013, to allow Strata Corporations that do not reach the 3/4 vote threshold, but receive 50% or more of the votes, to apply within 90 days, to the Supreme Court of BC. Where the court approves the resolution, it will issue an order allowing the Strata Corpor ...

Why is a deposit required when making an offer to purchase a home? A deposit is evidence of a Buyer’s “Good Faith” to purchase the property.  A Seller cannot accurately evaluate the Buyer’s sincerity if there is no deposit on the transaction.  When you are ready to purchase a home, I can advise you of your options on how to best structure your deposit.     ...

Steady Growth in BC Homes Sales in 2013! Courtesy of: BCREA 2013 Third Quarter Housing Forecast Update Vancouver, BC – January 13, 2014….Great News!!  After declining nearly 12 per cent in 2012, home sales posted steady growth through last year,” said Cameron Muir, BCREA Chief Economist. “Greater Vancouver, Kamloops and Okanagan Mainline Board areas posted the most significant changes, wit ...

Starting January 2, 2014, Canada Mortgage and Housing Insurance Corp (CMHC) will be charging 3.25% premium insurance cost for all new mortgages from Buyers with a 10% downpayment.  The CMHC insurance premium is a vehicle which allows all Buyers with under 20% downpayment to secure a mortgage.  CMHC insures against default on mortgages offered by Lenders. CMHC is backed by the Federal Governme ...

Vancouver, BC - Yes......it's BC Home Assessment value time in our lovely Province!  It's our post Christmas Holiday rev up for Spring.  I think for most homeowners, the BC Assessment evaulations are a mystery, as they don't appear to co-inside with "Market Value" (what a Buyer may pay for a home).   Many clients contact me once they have received their Assesment Notice and some are w ...

Should I Buy or Sell Real Estate in 2014? Vancouver, BC - GREAT NEWS!!!!  MLS residential sales in BC are forecast to increase by 6% in 2014. “Low mortgage rates, continue to remain accommodating to housing demand,” according to BCREA Chief Economist, Cameron Muir. Consumer demand has picked up steam this past year and more Buyers are jumping in to take advantage of the still affordabl ...

                                      Housing Market Rebound to Extend Into 2014 "Consumer demand has bounced back after waning for most of 2012,” said Cameron Muir, BCREA Chief Economist. “With higher interest rates on the horizon, many potential homebuyers are choosing to lock in a mortgage sooner rather than later. However, rather than signaling a return to frenetic home buying activity a ...

THANK YOU DIANE CARDOSO - REMAX WESTCOAST Every year we celebrated our historic connection to the rich and abundant agricultural lands of the south Fraser – and every year people like you support us to make this event a success.  This year, Richmond’s largest and longest running Country Fair welcomed more than 5000 neighbours and friends on a glorious sunny day to celebrate the h ...

                                 SPOOKTACULAR EVENTS AROUND RICHMOND!    Steveston - Watch out for all the creepy SCARECROWS currently living in Steveston Village until Oct 31st!  Bring your camera and have a picture with one of these spooky fellows! Steveston - Join the fun of the HALLOWEEN WHODUNNIT at the Gulf and Georgia Cannery on Oct 26 & 27.  Oh no!! There's been a "murder" at the C ...