Are you looking to buy a condo in Greater Vancouver? If so, here are a few strata terms you need to know to ask the right questions before you make an offer; Strata – In a strata development, the unit you purchase is called a strata lot. The common property is the rest of the…
Should you choose to buy or rent? What’s the best move for you? The answer will be different for everyone but here are some things to consider: Benefits of Owning: 1. Building Equity A major benefit of owning is that you’re able to build equity in the home. Real estate in Vancouver has been continually…
As a Realtor in Vancouver and a parent of young adult children, I am often asked by friends my thoughts on how to get their kids to think about investing in Real Estate in Vancouver and as a parent should they financially assist? I love this question because I certainly remember when my husband and…
So how do I pick the best real estate agent? This can be a daunting question for many people who are in the market to buy real estate. Gene Hackman had the same daunting question to ask himself in the classic Cinderella-story sport film, The Replacements, when he played Jimmy McGinty, the head coach of…
It’s no secret the Vancouver real estate market has been known for its consistently increasing prices. In recent years, we’ve also been seeing huge year-over-year increases in sales of larger homes further from the downtown core, especially homes with great outdoor spaces. This has continued throughout the pandemic and doesn’t seem to be changing. Increased…
Real Estate As An Investment Real Estate is one of the most timeless methods of investing in the world. There is a famous quote by Andrew Carnegie that comes to mind, “Ninety percent of all millionaires become so through owning real estate.” Real estate is a physical commodity that is limited in quantity, and a…
Being a first-time landlord can be challenging and confusing but we have created a list of 10 things to consider in order to help you run a stress-free rental business. Treat Your Rental Property Like a Business A rental property really is a business and it should be operated and cared for as such. It…
Are you considering purchasing a PRESALE property but unsure if it’s the right choice for you? Here is a quick breakdown of the ways in which presale transactions typically differ from resale: 1. Home Selection In the preconstruction phase of any new build, the developer will open a sales centre that will give potential buyers…
(FEATURING GUEST SPEAKER: RAY MACKLEM, MORTGAGE PROFESSIONAL) So you’re thinking about purchasing a home, you’ve thought about the perfect location and the perfect look but do you have your finances in order? I mean why not get to the fun stuff right away? Well, preparing your finances and getting pre-approved is a huge factor in…
What are Assignments? How do Assignments work? What should we expect from Assignments moving forward? The Greater Vancouver real estate market has seen a tremendous amount of new construction over the years. With new construction comes assignments. Essentially an assignment is when a purchaser of a property sells their contract to a new purchase before…