Great situation to be in as a Seller. Not so much fun as a buyer but there are ways you can improve your odds of winning should you happen to be competing for your new home. Pre-inspect the property with your home inspector. Get pre-approved financially. Pre- read all the strata minutes, by-laws & financials if you are looking at a condo or townhome. Find out how many offers there are. What t ...

Vancouver Real Estate Update: Do you disagree with you new assessment value? By now you will have received your new assessment notices. Your values may have increased as much as 20% or more. This does not mean your property taxes will go up 20%; though they will undoubtedly go up. We have received a few calls from homeowners questioning their assessments. Should you appeal? If you can suppo ...

Vancouver Real Estate Update:  We recently had a call from a client who has moved from their principal residence and wants to rent it out. Of course, capital gains tax will become an issue when they decide to sell one day. The tax free portion of the gain will only apply on the value of the property at the time they moved out of their principal residence. Any capital appreciation from that po ...