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Condo Strata Fees

Condos in Vancouver | High Strata Fees Bad? Low Strata Fees Good? Not Always…

Are High Strata Fees Bad? Are Low Strata Fees Good? When buyers are looking at condos to purchase in Vancouver, many focus on the maintenance/strata fee and generally feel that a low strata fee is a good thing and a high strata fee is a bad thing. In many cases, this is not the correct conclusion. Why? Good Car, Bad Car Cars and condos are a lot alike, especially when it comes to the relationship between maintenance and repairs and how this impacts their future value. Consider the example of two high-end good quality automobiles that were exactly the same…

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Residential Oil Tank Rules for All of Greater Vancouver

Underground Oil Storage Tanks are are and should be a major concern for both the Sellers and Buyers of houses in Vancouver. The risks of buying a house with a leaking underground oil storage tank are potentially catastrophic from a financial perspective. Remember! Consult a qualified Realtor and GET AN OIL TANK SCAN when you are buying or selling a single family home in Vancouver! Below has the various sets of rules and regulations for underground oil storage tanks across Greater Vancouver. You will also find a removal bulletin from the City of Vancouver. Fuel Storage Tank Bylaw Matrix, July…

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How To Sell A Vancouver Condo # 9 | Marketing Strategies

How to Sell Your Condo in Vancouver 9 – Marketing Strategies

 Marketing Strategies for Selling Your Vancouver Condo In the previous episode, we discussed the best time of year to sell your condo. Today we're going to talk about marketing strategies for selling condos in Vancouver that bring together many of the topics and concepts we've discussed in previous episodes. Many think that selling a condo in Vancouver is simply a matter of listing it on at a price pulled from thin air with non-professional photos and little or no thought to light, exposure, and colour. This is a good way to proceed... If you don't want to sell…

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Chinese New Year

Chinese New Year and Vancouver Real Estate – Gung Hay Fat Choy!

 Chinese New Year and Vancouver Real Estate I 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.…

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Yaletown is Yaletown NOT False Creek North According to!

For Real Estate Yaletown is now Officially Yaletown and NOT False Creek North! Vancouver REBGV MLS Border Changes If this is confusing, that's OK! It is very confusing! Up until a while ago, the area bordered generally by False Creek, Homer Street, the Western sections of Pacific Street, the Granville Bridge, and the Eastern edges of Coopers Landing were referred to as False Creek North. Most people referred to this area as Yaletown and have done so for many years. The Real Estate Board of Greater Vancouver changed the name of False Creek North in & "Yaletown" Looking for…

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Norma Reid of CTV BC Interviews Me on Rising Rates & Vancouver Real Estate

CTV Interview with Norma Reid on Vancouver Real Estate and Rising Interest Rates. Sorry no embedded video with this one. I had the absolute pleasure of being interviewed by Norma Reid of CTV Vancouver on the impact rising interest rates on Vancouver Real Estate. Here is a link to the CTV Video Site with the interview. We shot this segment at my listing at 1908-1082 Seymour. There is link video of the suite on the listing page. I'd love to hear your thoughts!

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HST Rebate Calculator | Vancouver Real Estate

GST has Replaced HST in British Columbia! Here is a Goods & Services Tax (GST) Rebate Calculator Misconceptions and the Need for an HST Calculator for New Homes and Presales in Vancouver! When the Harmonized Sales Tax (HST) replaced British Columbia's Provincial Sales Tax (PST) and the Federal Goods and Services Tax (GST) July 1st, 2010 there was a LOT of confusion among those interested in Vancouver Real Estate to say the least! One of the greatest misconceptions about the HST was that the Harmonized Sales Tax was payable on all real estate transactions in BC. Fortunately, HST is only…

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A Very Cool Video on the Development of Vancouver's South Granville!

Share Granville Street as a Path in the Forest? Factories and Sawmills in Yaletown? Check out this very cool video narrated by local historian and author John Atkin and for the South Granville Business Improvement Association on the history of Vancouver's South Granville district. I find it fascinating how quickly Vancouver has changed in the last 100 years. Some of the old pictures in the video show Yaletown, South Granville, and False Creeks industrial past. Who would imagine today that the condos towers in these areas were at one time in Vancouver's industrial heart! Check out his mention of the…

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What is FINTRAC for Vancouver Real Estate?

 What is FINTRAC? FINTRAC stands for Financial Transactions and Reports Analysis Centre and is the agency that Canada's federal government uses to monitor financial transactions in Canada. FINTRAC is charged with ensuring individuals and businesses operating in Canada's financial sector (including real estate) comply with federal regulations to prevent money laundering, terrorist financing, and other illegal activities. In recent years, FINTRAC has been closely monitoring the Vancouver real estate market, as concerns have been raised about the potential for money laundering, terrorist financing and other illegal activities in the city's property market. What do we do with FINTRAC Information? The…

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Amortization by Jessi Johnson Vancouver Mortgage Specialist and Mike Stewart Realtor

 Updated by Mike Stewart PREC on March 2, 2023 I recently had the pleasure of interviewing Jessi Johnson of the Jessi Johnson Mortgage Team and he was kind enough to explain a term that I hear regularly as a Vancouver Realtor and that is Amortization. Amortization - What is it? Investopedia defines Amortization as follows: "The paying off of debt in regular installments over a period of time." Basically amortization is how long a mortgage loan takes to pay off. Most buyers, especially first time home buyers in the Vancouver real estate market start out with a 25 year…

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My Interview with Jane Carrigan of Global TV on Vancouver’s Hot Real Estate Market!

Share Hi All, I had the absolute pleasure of being interviewed by Global TV's Jane Carrigan on Vancouver's Hot Real Estate Market at my listing at 1103-788 Hamilton. The clients did a brilliant job of staging the suite and we had perfect weather for the shoot and the light in this south west exposure suite made everything look great on camera. The interview was quite good for the marketing efforts for the listing as well! Several people came to the open house on Saturday after they saw the story on Friday night. I'd like to extend a special thanks to…

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