Category Archives: For Buyers

Detailed and Useful Information on Buying Property in Vancouver, BC, Canada from a Top Vancouver Realtor, Mike Stewart specializing Residential Real Estate.

Lido Presale Condo by Bosa in SE False Creek PRICING & Floor Plans!

Lido by Bosa Properties in A New Vancouver Presale Condo in South East False Creek

Lido Vancouver is a new Vancouver Presale Condo in Southeast False Creek by Bosa Properties, one of Vancouver’s most reputable Builder/Developers with a stellar track record for quality. This 19 story concrete condo building located at 1650 Quebec Street in Vancouver will have a 6 story podium topped by a rooftop pool and 183 suites in total. The Building will be LEED Gold.

All the suites at Lido by Bosa Properties will be Air Conditioned and be equipped with a heat pump.

How much will Presale Condos at Lido by Bosa Properties Cost? Continue reading

Posted in: For Buyers, Southeast False Creek Presale Condos, Vancouver Condo Pre-Sales
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2.99% for a 5 Year Fixed Mortgage? The Catch Explained!

Lowest 5 year Fixed Rate Mortgages in Canada Ever!

The Finance Minister and the heads of the Big Canadian Banks have recently been alluding to the fact that the property market in Canada, particularly in the real estate markets in Vancouver and Toronto may be getting a bit too hot for their liking based on the very low interest rates we are seeing in Canada right now.

And then came this…

2.99% on a 5 Year Fixed Mortgage? Whats the Catch?

This is the lowest 5 Year Fixed Rate Mortgages have EVER been!

I recently interviewed Continue reading

Posted in: For Buyers, For Sellers, Vancouver Real Estate and Mortgage Financing
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Chinese New Year 2012 and Vancouver Real Estate – Gung Hay Fat Choy!

Chinese New Year and Vancouver Real Estate

I recently had the pleasure of interviewing Jonathan Fung, a Mortgage Specialist with Vancity who was kind enough to discuss Chinese New Year with me and its impact on Vancouver’s real estate market.

Chinese New Year or Lunar New Year is the most important Holiday of the year for Chinese people as well as for many Chinese-Canadians here in Vancouver. It’s a time to celebrate with family and friends and reflect on the previous year, and there is a heavy emphasis on making the upcoming year a good/prosperous year in terms of wealth.

How does Chinese New Year affect the Vancouver Real Estate Market?

During Chinese New Year Continue reading

Posted in: For Buyers, For Sellers
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Buying Property in Vancouver and Your Credit Score with Karli Shih

Your Credit Score and Buying a Home in Vancouver

I recently had the absolute pleasure of interviewing Karli Shih, a top Vancouver mortgage broker with Dominion Lending Centres Commercial Capital Inc. about Credit Scores and how it applies to buying a property in Vancouver.

What is Your Credit Score?

A credit score shows how a Home Buyer has Continue reading

Posted in: For Buyers, Vancouver Real Estate and Mortgage Financing
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Vancouver Real Estate Statistics December 2011 Courtesy of the REBGV

December 2011 REBGV Stats Courtesy of Mike Stewart Vancouver Realtor

Balanced real estate market prevailed through much of 2011

The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease from the 35,669 residential sales in 2009. Last year’s home sale total was 6.3 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.
The number of residential properties listed for sale on the MLS® in Greater Vancouver increased 2.7 per cent in 2011 to 59,549 compared to the 58,009 properties listed in Continue reading

Posted in: For Buyers, For Sellers, Real Estate Board of Greater Vancouver (REBGV) Monthly Sales Statistics
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Vancouver First Time Home Buyers Guide 14 – Offer Explanation – Subject to Financing

Top Vancouver Realtor Advice for First Time Home Buyers – Subject to Financing

In Episode 13 of the First Time Home Buyers Guide for Vancouver, we discussed Subject Clauses in general.

Today we’re going to discuss the Subject to Financing Clause in detail and how it relates to and affects a real estate offer. Chad Watts of the Mortgage Group was kind enough to come and talk to us about subject to financing.

What does Subject to Financing Mean? Continue reading

Posted in: First Time Home Buyers Advice for Vancouver, For Buyers
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