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Special Levies are INEVITABLE

June 27th, 2023
This is the Gardenia building in East Vancouver.  If youre looking to buy an affordable condo in vancouver, you may bump into this property in particular. People ask 'oh why is this such a good price?' So, lets talk about that shall we.  In an earlier video, i mentioned that  special levies are inevitable.So lets talk about a few different examples.  3451 Springfield.  This is 3451 Sp ...

What a single item can tell you about rest of the house

June 27th, 2023
So here is how a single item in a house can tell you more about the house you're aboutt to buy.  A lot of times, buyers ask how old the hot water tank is.  They ask because they want to know how long it will be before they have to replace it. However, there is a lot more a hot water tank can tell you about the rest of the house.   So, before i go on, this isn't science, or professional ...

A quick tip about special levies

June 14th, 2023
So when we take buyers out, we get a common question "Are there any upcoming special levies"  However, the reason why people ask this is to avoid any kind of future expenditures. I get it, nobody ever wants to pay for a special levy, even though they haven't owned the property for long. However, special levies do serve a purpose.   I do find this the wrong question to ask, however it is im ...

A quick tip about strata documents

June 8th, 2023
So, heres a quick tip when it comes to reading strata documents. When you receive your strata document package, you'll be sifting through hundreds of pages of documents from depreciation reports, engineers reports which can easily be more than 100 pages each. So, where do you start?  I  recommend reading the minutes from the Special General Meeting (SGM) because.....well there may not be a ...

REBGV Market Stats - May 2023

June 5th, 2023
Competition heats up among buyers as summer arrives   While the year started slower than usual, Metro Vancouver’s1 housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,4112 in May 2023, which is a 15.7 per ce ...