Monthly Archives: October 2011

Presale Condo Completions in Vancouver – Avoiding Penalties!

Completing on a Presale Condo in Vancouver and Appraisals.

I recently had the pleasure of interviewing Chad Watts of The Mortgage Group about an experience he had during the the Completion of a Pre-Sale Condo here in beautiful Vancouver, BC.

Developers in many cases only give 10 days notice of the Completion of a Presale Condo. During this time sometimes up to several hundred appraisers need to get access to and appraise the soon to be Completed suites.

(Not sure what an appraiser is? Check out this great explanation with video on What is an Appraisal!)

What does Completion mean in Relation to Condo Presales?  Continue Reading…

How to Sell a Vancouver Condominium 5 | Preparing Your Home for Listing – What To Do

Preparing Your Vancouver Condo for Market – What to do!

In Episode 4 we discussed how to price your Condo to meet your goals. Today we’re going to discuss what to do to get your condo ready to go on the market.

When selling a property perception is reality and you only have one chance to make a great first impression.

Properly preparing your condo for sale will get you a better Offer sooner.

Using Perception to Bring Value

Most buyers purchase condos based on how they feel about a property.

Buyers want to feel comfortable and  Continue Reading…

The Werks Pre-Sale Condo in Fairview Pricing & Floor Plans!

The Werks –  A New Residential Pre-Sale Condo in Fairview!

The Werks is a new presale condominium in Vancouver’s Cambie Village traditionally known as Fairview. This 7 level 20 suite concrete building which will have 555 West 7th Avenue between Cambie Street and Ash Street as the official address. There will be two street facing ground level units which will be 559 West 7th Avenue, a 1 bedroom and 557 West 7th Avenue which is a studio address.

Central Westside Location

The location is just a few blocks south of the seawall and steps to Whole Foods, Best Buy, Canadian Tire, and everything great in Cambie Village, Fairview, and the West Broadway Corridor. The Canada Line is also a few minutes walk away, making getting Downtown easy and quick.


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Pricing for Presale Condos at The Werks?  Continue Reading…

Vancouver First Time Buyer 13 – Contract of Purchase and Sale – Subject Clauses

Buying Your First Home Safely in Vancouver with Subject Clauses in the Contract of Purchase and Sale!

In Episode 12, we discussed the expiry time and date on the Contract and Purchase and Sale. Today we talk safety.

When it comes to buying a first home, Safety Comes First!

Subject Clauses in a Real Estate offer coupled with detailed due diligence is the best ways to ensure that a first home isn’t a hassle, money pit, leaky condo, or worse.

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What is a Subject Clause in a Real Estate Offer?  Continue Reading…

September 2011 Real Estate Board of Greater Vancouver Statistics Package

Sept 2011 REBGV Stats Mike Stewart

Home listings continue to rise in the Greater Vancouver housing market

Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,246 in September, a 1.2 per cent increase compared to the 2,220 sales in September 2010. Those sales also rank as the third lowest total for September over the last 10 years.

“There’s more competition amongst home sellers in today’s market  Continue Reading…