Homebuying Knowledge

July 1, 2024

Common Fears When Selling Your Home

 

Will I get what I want / need from the proceeds of sale?

Here is what I know to be true - You cannot wish for a sale price. The market value of a home is what someone will pay for it, not what a person wants to sell their house ...
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July 1, 2024

New Rules Tenant Occupied Properties

Under the Residential Tenancy Act, a landlord can end a tenancy for personal or caretaker use. There are new rules as to how it can be done. As of July 18, 2024 according to the BC Real Estate Association's July 4 news release:

 

  1. Mandatory Use by Landlords of ...
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May 1, 2024

Mandatory Depreciation Reports

This is a change that I am happy to see.

In the past the Provincial Government introduced the concept of The Depreciation Report. The Depreciation Report is an indepth look at a strata building and provides insight into repairs and replacements of parts of a strata so that proper budgeting ...

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June 5, 2023

Forest Fires and Home Insurance

 

It is forest fire season in Canada and that means that insurance companies are watching where fires are burning in your neck of the woods. For example, on Vancouver Island as of writing this article there are two forest fires. Insurers have rules around insuring homes near forest fires ...

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April 3, 2023

Divorce and Real Estate

Selling a house due to separation or divorce can be stressful on all parties and this is where we come in. I have gone through this before. Trust me, I get it. You are dealing with managing finances, trying to maintain a normal homelife for dependents, figuring out what is ...

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Jan. 1, 2023

Federal Foreign Buyer's Policy

Effective January 1, 2023 foreign citizens will not be allowed to buy a residential property in Canada except in certain areas (Whistler for example) or if you are one of the following:

 

(a) a temporary resident within the meaning of the Immigration and Refugee Protection Act who satisfies prescribed ...

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Dec. 1, 2022

Rescission Period

AKA The least the government could do and still save face.

This new policy essentially protects Buyers who got in way over their head in making a really bad emotionally charged decision. Basically, for three days after an offer is written a Buyer can cancel the transaction with no reason ...

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Nov. 1, 2022

Radon

Radon is the #1 cause of lung cancer in non-smokers and second leading cause in smokers.

This smelless gas comes out of the ground and into our homes. Luckily on Vancouver Island we have very low radon gas emissions.  On the map below green is good! Green shows less than ...

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June 3, 2022

Estates

Are you looking for an expert in getting a house ready and selling a home after a loved one has passed away? I am here to co-ordinate and manage the liquidation of the estate.

This process is time consuming, potentially expensive, and emotionally draining. I am here to help ...

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April 4, 2022

Where There's a Will

This month I have come across several different scenarios on properties where someone has passed away and I wish to share some of these stories. 

  1. Passing away with no will. This is the most challenging situation because so many things can happen. These are the two situations I have ...

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