Mortgage Rates as of April 25, 2024

It PAYS to shop around Dan explains. Many Canadian homeowners pay too much for their homes because they are not getting the best mortgage financing available in the market. The mortgage process can be intimidating for homeowners, and some financial institutions don’t make the process any easier. Dan is here to help! Dan is a VERICO Mortgage Advisor. As an independent, unbiased, expert, Dan is … Continue reading Mortgage Rates as of April 25, 2024

“Why Real Estate Agents Are Your Best Bet When Buying or Selling a Home

When it comes to the pivotal decision of whether to rely on a real estate agent or enlist the services of a lawyer in your home buying or selling journey, let me shed some light on why putting your trust in a real estate agent might be the superior choice. Consider this: Real estate agents are the ultimate insiders when it comes to navigating the … Continue reading “Why Real Estate Agents Are Your Best Bet When Buying or Selling a Home

6 Lessons Monopoly Can Teach You About Home Buying

The game of Monopoly offers valuable lessons for homebuyers. Patience is key during the lengthy process, and the right location holds great value. Keeping an open mind can lead to unexpected opportunities, and being prepared for unforeseen expenses is crucial. Understanding seller preferences and having a strategic approach are also essential. An experienced agent can provide valuable assistance throughout the process. Continue reading 6 Lessons Monopoly Can Teach You About Home Buying

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The New Cooling Off Period in B.C

Cooling Off Period What is it? Effective Jan 1, 2023 a cooling off period for the sole benefit of the buyer is applicable in all purchase contracts. This Allows a buyer to change their mind about an offer within 3 (business days) after acceptance for a fee payable to the seller. Basically, in realtor lingo…”getting cold feet”.   This applies to residential property only. So … Continue reading The New Cooling Off Period in B.C

What’s a PEAT BOG and where are they located?

What is a PEAT BOG and where are they located? 11 PEAT BOG AREAS IN VANCOUVER Peat Bog areas tend to have unstable ground that may create structural or foundation problems for homes and other buildings. Buyers please beware of the following Peat Bog areas in Vancouver: 1) King Edward St from from 16th Ave down to Edington Dr between Granville & Arbutus St 2) … Continue reading What’s a PEAT BOG and where are they located?

New Upcoming Hurdles for Landlords and what they are.

Increased Hurdles Proposed for Residential Landlords – Renovations and Rent Freezes On March 1, 2021, the provincial government announced proposed legislation that will increase the hurdles faced by landlords wishing to complete renovations in tenanted residential property. The proposed legislation seeks to both prevent “renovictions,” and to extend the current provincial rent freeze to December 31, 2021. If passed by the B.C. provincial government, this … Continue reading New Upcoming Hurdles for Landlords and what they are.

How To List Once and Only Once When Selling a Home

Let’s change the meaning of YOLO from “you only live once” to “you only list once”. When you decide to list your house for sale, list it like it is the first, last, and only time you are going to. Because, if you list it more than once…it’s going to hurt you. Selling your home begins in a hopeful manner. When you decide to list your home for sale, you probably … Continue reading How To List Once and Only Once When Selling a Home

Is it a good idea to buy a home during Covid-19?

Here are 8 good reasons for buying a home today: 1. You need a tax break. The mortgage interest deduction can make home ownership very appealing. 2. You are not counting on price appreciation in the short term. You plan on owning it for at least a few years. Home values in Vancouver have remained stable and could jump out of reach once this situation … Continue reading Is it a good idea to buy a home during Covid-19?

Top 13 places to send change of address to

Most people know in advance they will be moving by way of subject removal dates. This time period can be anywhere up to 60 days and is adequate to send emails to your service providers with your new contact info. This will save you additional fees setting up mail forwarding. The following is a list of the   Post Office  Change accounts and credit card agencies … Continue reading Top 13 places to send change of address to