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Want to Buy Green Home in Vancouver?

Posted by on Feb 1, 2013 in Blog

Green home, green energy, green building and so on. We talk a lot about “Green” these days because we people care more about the earth, our environment and our next generations. What is green home. As what Wikipedia says: A Green home is a type of house designed to be environmentally friendly and sustainable, while also focusing on the efficient use of “energy, water, and building materials.” When thinking about buying green home in Vancouver, I found some great...

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Choosing the Right Vancouver Real Estate Agent Myths

Posted by on Jan 23, 2013 in Blog

As I noticed that recently a lot of people were discussing on the forum about how what agency a Realtor works with could impact or benefit on home owner’s selling experience. I believe that every Vancouver real estate agent gain enough knowledge since they all passed the real estate board licensing exam. However individual agent has different professionalism dealing with individual cases based on his/her own experience. To understand how agency will impact or benefit home sellers: First of...

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A Few Notes About BC’s HST New Housing Rebate

Posted by on Jan 9, 2013 in Blog

The B.C. new housing rebate is available for all types of housing eligible for the federal GST/HST new housing rebate and is subject to the same eligibility conditions. Qualifying housing generally includes newly constructed and substantially renovated homes used as a primary place of residence by an individual (or qualifying relation of the individual). The rebate is 71.43 per cent of the provincial portion of the HST, up to a maximum rebate of $26,250. Purchasers of eligible new homes...

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New Mortgage Policy (from 2012)

Posted by on Dec 17, 2012 in Blog

Since November 1st 2012, most Canadian banks strengthen the mortgage policy. To new immigrants, it means that down payment requirement changes from 30% to 35%, in order to qualify for mortgage application. For high amount mortgage (larger than 1.5 million), there is even more documents required for application. There are also some changes to mortgage for non-residents and international students. For instance, in the past as long as international student can put 35% in down payment, most Canadian banks...

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Understanding Your Real Estate Property Buy and Sell Contract

Posted by on Dec 10, 2012 in Blog

Whether you buy or sell real estate properties the first time or the fifth time, you may still be confused about the real estate terms mentioned in the contract. Here is a glossary of some of the most common real estate terms that you’re likely to encounter which will help you better understand the language of real estate. Contact us for more info! Adjustment Date: The day from which all calculations of interest, tax adjustments, utility bill adjustments (if...

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How to Choose Best Vancouver Realtor for Home Buyers

Posted by on Nov 28, 2012 in Blog

Firstly and the most importantly, experience. A good real estate agent is particularly familiar with certain real estate markets, and he/she knows different real estate market situations in different cities in Greater Vancouver. For instance, is he/she familiar with all the schools, communities, public transportation and commercial areas? Whether the listings he/she showed you are most suitable for you and your family. Especially to anyone who is new to Greater Vancouver Area, Realtor who tend to show everyone around...

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Who Are The Condo Buyers in Canadian Major Cities

Posted by on Nov 23, 2012 in Blog

Retirees, first-time home buyers and population growth will fuel demand for condominiums in major Canadian cities in upcoming years, according to a new report from Genworth Financial Mortgage Insurance Company Canada (Genworth Canada) and the Conference Board of Canada. Genworth Canada’s Summer 2012 Metropolitan Condo Outlook finds that retirees aged 55+ are increasingly buying condominiums, a trend that will become even more pronounced as baby-boomers age. Additional factors such as employment growth and continued low interest rates are cited...

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