[vc_row][vc_column width=”1/1″] Property Assessments vs. Market Value Short Version: Do not rely on your BC assessment for a fair market value of your property. The value printed on that document was arrived at in July of the previous year, the market may...
[vc_row][vc_column width=”1/1″] Happy 2017! I have always subscribed to the mindset of ‘The 1% Difference’. The theory being that whatever challenge, if approached with just 1% more effort than the average person, then (thanks to the magical...
Following a similar post 363 days ago of the same title…this post is a very brief summary of two much longer ones written earlier today. You may click the links that follow for the long version. As we race into the holiday season, a few brief notes for first-time...
[vc_row][vc_column width=”1/1″]This is good news, albeit with some challenges to be addressed, and likely to have a very small effect (miniscule even) – but still it is good news! On Dec 15, 2016 the BC Government announced that it is...
[vc_row][vc_column width=”1/1″]Some facts, and some thoughts on the recent movement we have seen with regard to interest rates. VARIABLE & SHORT-TERM FIXED Variable-rate and short-term (1, 2, & ~3 yr) fixed are largely dictated by Bank of Canada...
[vc_row][vc_column width=”1/1″]Have you found the house of your dreams? But there is already an accepted offer in place? OK, but are there outstanding subjects on the offer? Perhaps there’s a ‘subject to sale’ with a 72-hour trigger clause against the...
Interest Rates Last week we touched on TD’s 0.15% move with existing variable-rate mortgage clients. There is nothing new to add this week as TD remains the only lender to make such a move with variable-rate clients. Perhaps TD backs down soon, perhaps other banks...
[vc_row][vc_column width=”1/1″]Did Prime go up? No. Did my Variable rate mortgage rate change? No, not unless your variable rate mortgage is with TD. So the Bank of Canada did not raise rates? No, in fact they are more...
[vc_row][vc_column width=”1/1″]Numbers; the bane of our modern existence. We increasingly put our faith in, and base decisions on, what the numbers tell us. Which is to say we allow our decisions, and mindset, to be shaped by the people filtering and...
[vc_row][vc_column width=”1/1″]In the Vancouver market, we often hear about the benchmark price, the average price, and the median home price. Usually that of a specific neighbourhood or municipality. However, what buyers rarely hear is the average...
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