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Property Condition Disclosure Statement (PCDS) for Property Buyers in Vancouver – What is it?

 Updated May 8, 2019 by Mike Stewart PREC Get the Docs! When you are preparing to submit an offer on a property or have an accepted offer, you will receive a package of documents from the Sellers Agent giving you detailed information about the property. One of the most important documents is the Property Condition Disclosure Statement. What is it? The Property Condition Disclosure Statement (PCDS) is a disclosure of what a Seller knows about their property. There are several versions of the document (see below - We have only included Strata & Residential versions) which has a series…

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First Time Home Buyers Guide Vancouver BC – Episode 1 – Getting Started!

 This is the First Video in a Series of Videos with Tips for First Time Home Buyers in Vancouver's Property Market. So you're thinking of taking the plunge and buying your first home in beautiful Vancouver! How Much Can I Spend? What to Know Exactly? Get Pre-Approved! If you have several hundred thousand dollars in your bank account, great! If not, you should speak to your bank or a mortgage broker to find out how large of a mortgage you can get. The bank or broker will give you a mortgage pre-approval which is a rough estimation of what…

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Professional Photography for Your Listing – Cheapest way to get Top Dollar for your Property

It has been said that a picture says a Thousand Words... What do terrible Listing Photographs say about the value of your home? Use Professional Photography for your listing.  Poor listing photography undervalues your property and will never convey how beautifully maintained and decorated your home is. Here in Vancouver, terrible (or non-existent) photography for listings is RAMPANT! Have a quick look on Realtor.ca and you can see how many listings have either bad or non-existent photos. Getting professional photography is one of the best ways to get top dollar for your home. I have all my featured listings shot by…

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American Buyers are back in the Vancouver Condo Market. Could this be a sign?

American buyers are back in the Vancouver Condo Market in 2009! By Mike Stewart View in HD Download 720p Version Visit Mike Stewart's ExposureRoom Videos Page Hi All, American buyers are back in the Vancouver Condo Market! A good exchange rate for US buyers and the fact that some individuals and companies Stateside are weather the storm well means our American freinds and neighbours are back. Is this a sign that Stimulus is bringing confidence back? On another note this Video is the first I have shot with my new Flip Mino HD Camera. I'd love to hear your thoughts…

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Will Inflation make a Comeback and How Will it Affect Vancouver Real Estate?

Stimulus packages coupled with ultra low interest rates are attempts by national governments and central banks to reflate economies around the world. If these efforts are successful (I think they will) I think inflation will be an issue in 2-3 years in Canada. I think elected politicians and to a lesser extent central bankers will find it very difficult to stop priming the pump once things improve. I think changes in the Chinese economy will also push up inflation as we move forward. A 2007 Report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)…

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More Justification of Stimulus and What Should We Do Instead?

Hi All, I recently posted on the stimulus pacakges being enacted around the world and it generated alot of conversation, which is great and I thank all those who participated. I shot a video justifying my position and I'd like to share with you. I'd also like to hear what people who oppose the stimulus packages think should be done to deal with the financial cirsis we find out ourselves in. I look forward to your comments!

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Why do Real Estate Markets go up and down? Niall Ferguson’s book explains this and much more…

The Ascent of Money by Niall Ferguson - Recommended by Mike Stewart Vancouver Realtor By Mike Stewart View in HD Download 480p Version Visit Mike Stewart's ExposureRoom Videos Page The Ascent of Money. Wow! What a book! I read this book when I was away in Mexico growing this crazy red beard you see me with in all my recent videos. Niall Ferguson is an Economic Historian at Oxford and Harvard Universities and the authour of several books. In The Ascent of Money, he accurately predicted the Credit Crisis of September 2008 in early 2008. Very impressive! In Chapter 4…

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Lowball Offers – What they are, how to do it, and how to deal with one if you are a Seller

Lowballing Vancouver Real Estate Updated May 7, 2019 Prices are falling and it’s a buyer’s market for Vancouver real estate these days. What is a Lowball? A Low Ball offer is one that is significantly less than the asking price (but maybe not the market value) of a property. Why are Canadians afraid to submit Low Ball offers? Negotiating the price for everyday items is not something is commonly done in Canada. In this country, the only things that people haggle or negotiate on are cars (most people only own 10-12 cars in their lifetime and not all are new)…

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Open Houses as a Marketing Tool for your Listing

  Hi All, I'm a huge fan of open houses as a marketing tool.  They provide a low-stress low anxiety atmosphere for potential buyers to see your listing. A lot of realtors don't like to do open houses and feel they don't do anything to sell a property. THEY ARE WRONG! Watch the video and let me know your thoughts. Have a look at 3005-111 West Georgia Street. This is the suite I mention in the video.

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