Mike’s Blog for Home Buyers

555 Pacific, The Mark in Downtown Vancouver – A Sneak Peak at Yaletowns Latest Pre-Sale

The Mark Vancouver by Onni MORE SUITES AT THE MARK NOW BEING SOLD! The The Mark by Onni Developments at 555 Pacific Street in Downtown Vancouver is releasing the upgraded "Private Collection" the 35th to 47th floors of the tower for sale as of May/June 2011. Call 604-7633136 for more details! Location Located at the corner of Seymour and Pacific Street right on the border of Yaletown and Downtown Vancouver, the Mark will be 47 stories and will have a 10,000sf Wellness Centre. The building will be fully air conditioned. Onni will also be going for LEED Gold Certification, which… Find out more

Subject Free Offers in Real Estate – Strong & Effective, but SCARY in the Wrong Hands!

Subject Free Offers are Powerful and Effective, but in Scary in the Wrong Hands! With the resurgence of the Vancouver real estate market, Subject Free Offers are making a comeback along with Multiple Offer Situations. The downside is that without preparation and professional advice, mishandled Subject Free offers can quickly result in lawyers getting involved making it expensive and painful for all. What is a Subject Free Offer? A Subject Free Offer is an offer prepared by the Buyer that does not allow the Buyer to walk away for ANY reason if the  Seller accepts. If the Buyer cannot get… Find out more

First Time Home Buyer Safety – Offers Subject to Financing – What, Why, and How!

What is an Offer that is Subject to Financing? This is an Offer to buy a property that is "Subject To" or conditional upon the Buyer getting a mortgage within a set period of time, usually one week. In plain language, the Buyer and Seller agree to give the Buyer  a week to get a mortgage and if the Buyer cannot get a mortgage in that time, the Buyer can walk away from the deal with nothing lost. Why do we make offers Subject to Financing? Safety! If a Buyer presents an offer to a Seller without a Subject to… Find out more

Multiple Offer Situations For Buyers!

Multiple Offer Situations for Buyers What are they? A Multiple Offer Situation is when more than buyer wants to present an offer on a property at the same time. The relationship between buyer and seller goes from a negotiation to an auction, with the highest bidder winning. The Buyers have to compete to get an accepted offer. 3 Ways a Buyer can Win in a Multiple Offer Situation! 1) Hire a good Realtor who specialises in the type of property or area you are interested in. Ask them how many times their buyers have been successful in a multiple offer… Find out more

My Globe and Mail Interview on Vancouver Real Estate, The Olympics, and the Hot Downtown Market with David Ebner

Hi All, I had a great talk with David Ebner of the Globe and Mail on the Downtown Vancouver Real Estate Market and here's what he had to say. I'd love to hear your thoughts! Housing sales bounce back nationwide Dave Ebner and Susan Krashinsky Vancouver and Toronto — From Wednesday's Globe and Mail Last updated on Wednesday, Jul. 15, 2009 09:27AM EDT Mike Stewart has never been busier. After a brutally slow winter, the real estate agent has signed a string of deals and in May had his best-ever month, notching 10 sales in downtown Vancouver, adding another seven… Find out more

Pet Lovers! Buying a Condo? Watch This Video Before You Buy!

ALWAYS READ STRATA BYLAWS WHEN YOU BUY A CONDO! NOT CHECKING PET RESTRICTIONS WILL COST YOU MONEY!! Many people (like me!) think of their pets as being part of the family. When buying a condo people often overlook whether or not their pet will be welcome or allowed in the building they are buying. This oversight can be very expensive. In the video, I relate the story of my client who bought a place privately before he met me, only to realise there were no pets allowed in his new condo. He had to sell this place and buy a… Find out more