December « 2009 « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136

Archive for December, 2009

How a Realtor Calculates List Price – Comparative Market Analysis for Sellers!

Friday, December 18th, 2009

What is a Comparative Market Analysis?

It is the process Realtors use to ascertain the market value of the properties they market.

How do I do a Comparative Market Analysis?

1 ) Visit the property!

The first thing I do when requested to do a Comparative Market Analysis is to physically visit the property. Visiting the property is key! In my opinion, it is impossible to get an accurate idea of market value on a property without seeing the property. (more…)

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Posted in For Sellers | 1 Comment »

Variable Versus Fixed Rate Mortgages with Jessi Johnson Mortgage Broker!

Tuesday, December 15th, 2009

View on ExposureRoom

Last week I had the pleasure of meeting up with Jessi Johnson of the Jessi Johnson Mortgage Team to discuss the merits of a Variable Rate Mortgage versus a Fixed Rate Mortgage.

What is a variable rate mortgage?

This is a mortgage that has an interest rate that changes in line with the Bank of Canada’s prime rate.Variable rate mortgages tend to have a lower interest rate than a fixed rate mortgage, but the interest rate on a variable mortgage can change at any time.

What is a fixed rate mortgage? (more…)

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Posted in Downtown Vancouver Real Estate and Economics, For Buyers | 5 Comments »

Pre Sale Condo Assignments in Vancouver – What are They? Are they Safe?

Tuesday, December 8th, 2009

View on ExposureRoom

Assignments of Pre-Sale Condos in Vancouver

Along with the rise of the Vancouver’s Pre Sale Condo market, the market for Pre Sale Condo Assignments has been a huge money maker for investors in Vancouver Real Estate.

What are Pre Sale Condo Assignments?

A Pre Sale Condo Assignment is when the original Buyer of a Pre Sale Condo sells their rights to a completed condo to another Buyer before that condo is completed. The reason the (more…)

Tags: Are all contracts assignable, Are Assignments Safe, Assignee, Assignment Amount, Assignment Lift, Assignment of a Pre Sale, assignment price, Assignment Safety, Assignments as Investments, Assignor, Buying Assignments, Buying Pre Sales, condo assignments, Contract Assignments, Deposits on Assignments, Developers Consent, Developers Consent form, How do I assign my Pre Sale, How do I Market my Pre Sale, How do I Sell my Pre Sale, How to Buy a Pre-Sale, How to buy an assignment, How to Buy an Assignment of Contract, How to get rid of a pre sale, How to get rid of my pre sale, How to make Money with Assignments, How to purchase an Assignment of Contract, I cant complete on my pre sale, Investing in Assignments, Investing in Pre Sales, is an assignment a bad investment, Is and assignment a good investment, Is Goods and Services Tax payable on assignments, Is GST payable on assignments, Is Harmonized Services Tax payable on assignments, Is HST payable on assignments, Is Property Transfer Tax payable on an assignment, Is PTT payable on an assignment, Lift on Assignments, MLS, Multiple Listing System, New Developments and Assignments, Pre Sale Assignment, Pre Sale Assignments, Pre Sale Assignments of Contract, Pre sales as investments, Purchaser, Selling Vancouver Assignments, Selling Vancouver Pre Sales, Using a Lawyer to Buyer an Assignment, Using a Realtor to buy an Assignment, Vancouver Assignments, Vancouver condo assignments, Vancouver Pre Sale Assignments, Vancouver Pre-Sales, Vendor, What are the Advantages of Buying a Pre Sale, What is an Assignment of Contract, What is an Assignment of Contract of Purchase and Sale, What is the Lift in an Assignment of Contract, Who has to consent to the assignment, Why buy a Pre Sale, why buy an assignment, Why Invest in Vancouver Assignments, Why sell a Pre Sale
Posted in For Buyers, For Sellers | No Comments »

Archive for December, 2009

How a Realtor Calculates List Price – Comparative Market Analysis for Sellers!

Variable Versus Fixed Rate Mortgages with Jessi Johnson Mortgage Broker!

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