Key Questions to Ask Before Buying a Property
Posted on Oct 20, 2024 in Selling and Buying Advice
When purchasing real estate, conducting thorough due diligence is essential. The extent of this research varies by property type, but here are critical considerations to discuss with your real estate professional before making a deposit.
Detached Properties
1. Lot Size: Check the lot size on vanmap.ca to ensure it matches COV records. For accuracy, c...
the difference between regular and bare land stratas
Posted on Oct 11, 2024
In British Columbia, land can be subdivided in various ways. When it comes to strata-titled properties, one of the primary distinctions lies between regular strata corporations and bare land strata corporations.
Understanding the nuances between the two types of stratas is crucial when purchasing property in BC. This knowledge affects ownership righ...
important to 'remember' provincial election
Posted on Oct 04, 2024
I’m not deeply invested in politics, but with the provincial election approaching, it’s crucial to know all the facts and remember all the policies. Many people may find themselves waiting for promises made during election that are unlikely to materialize. Political platforms often feel like walking on shifting sand—lacking a solid foundation or ge...
flipping tax on pre-sale
Posted on Mar 01, 2024
The BC Home Flipping Tax is a 20 per cent tax on the gain from sale of a home within a one-year time horizon and a pro-rated tax on sales up to within a two-year period. The tax will apply to both properties and assignments of contracts and is in addition to any existing federal or provincial income taxes incurred from the sale of the property, inc...
What Does a Real Estate Lawyer Do ?
Posted on Feb 11, 2024
Before you start wondering how this relates to your home-buying journey, think about all the professionals you have standing behind you as you search for your dream home. Besides your real estate agent, you have a whole team helping guide you home, including a real estate lawyer.
What Does a Real Estate Lawyer Do for the Buyer?
What Does a Real Estate Lawyer Do for the Buyer?
Buying a home is likel...
Is Airbnb Really Causing the Housing Crisis?
Posted on Feb 02, 2024
The reality of the situation is that landlords generally feel safer using Airbnb rather than rental boards like zumper.ca.
A chorus of Canadian real estate market experts and landlords suggest that these entities are a disaster for residential property owners. Critics will assert that players in the short-term rental market caused the challenges ren...
