Tips & Tricks

New Speculation Tax Opt-out Requirement

Posted on Jan 19, 2019 in Tips & Tricks

If you have missed it on the news and media channels, there is a new announcement from the Government of BC for all BC homeowners. The new requirement is that every homeowners whose home is located within Speculation Tax zoning, will be receiving a letter.
This letter must be completed by the end of march to declare and opt-out from speculation tax...

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What is Strata & Its Different Types

Posted on Dec 26, 2018 in Tips & Tricks

strata townhouse
A strata or strata development is a way of subdividing and owning portions of land and buildings on that subdivision.
A Strata Corporation is created and shaped when a developer registers a strata plan of the subdivided land/buildings with the British Columbia Land Title and Survey Authority.
A strata corporation has all of the powers of a natural pe...

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 Should I Even Buy or Sell in This Vancouver Real Estate?

Posted on Dec 12, 2018 in Tips & Tricks

No matter the market, whether high activity or low, there are real estate sellers and buyers that need to sell or buy.

- A family that has out-grown their space and need a bigger space to upgrade their real estate need to sell their current home and purchase another.
- Seniors who wish to down-size their space must sell and buy another
- Job and care...

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Should I buy Real Estate in Vancouver Now or Wait?

Posted on Oct 25, 2018 in Tips & Tricks

Vancouver Realtor advice, should i buy now or wait?This is not the first time in Vancouver real estate history where the market has shifted toward buyers’ market. What really caused this shift?
There are certain factors that always have direct effect in real estate market:
- Provincial Government interference by implementing additional taxes and or regulation changes
- Financial institutions and banks...

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I'm a First Time Home Buyer in Vancouver, Do I Pay For Property Transfer Tax?

Posted on Oct 23, 2018 in Tips & Tricks

First time Vancouver home buyers and property transfer taxBritish Columbia’s first time home buyers’ program helps reducing or eliminating the property transfer tax payable on a first time home purchase. The qualify buyers may be eligible for a full or partial exception from property transfer tax.

What qualification is required to be exempt from Property Transfer Tax (PTT)?
The following is required when re...

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Canada's Cannabis legalization & Real Estate 

Posted on Oct 22, 2018 in Tips & Tricks

Cannabis legality and real estateCannabis is Legal in Canada as of October 17th, But What about Real Estate?

Cannabis is now legal in both recreation and medicinal use all over Canada. For Canadian who want to grow their own Cannabis at home, are allowed to harvest 4 plants for their own use.
Although it is now legal to grow your own and use marijuana, it is important to talk about...

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