Understanding Court-Ordered Foreclosures Sales in Vancouver
Posted on Jan 14, 2025
I wanted to share some insights about court-ordered sales, as I’ve been getting questions from buyers in Vancouver and the surrounding areas. These sales occur when a homeowner defaults on their mortgage, and the lender forces a sale through the courts to recover funds.Court-ordered sales come with significantly higher risks and take longer than a...
Home Inspections: When Buying A Home In Vancouver
Posted on Jan 14, 2025
When purchasing a home in Vancouver or the Lower Mainland, a thorough home inspection is essential. Inspections help you understand how to maintain the home, evaluate the quality of renovations, and identify upcoming repairs to avoid any surprises. Here’s a quick overview of common maintenance and repair areas to watch for:
Interior
- Inspect fireplace...
Vancouver Market Update For March 2024
Posted on Apr 12, 2024
The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23% year-over-year, providing more opportunity for buyers looking for a home this spring.The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7% decrease from the 2,535 sales recorded in March 2023. This was...
Vancouver Market Update For October 2023
Posted on Nov 06, 2023
In October 2023, 1,996 Vancouver houses were sold. These sales include 577 detached homes, 1,044 apartments and 356 attached homes. The average home price in Greater Vancouver was $1,299,503. This price represents an annual increase of 5.5% and a monthly increase of 0.1%. Market Report Summary for October 2023
What To Look For When Buying A Vancouver Condo & Strata Property
Posted on Nov 03, 2023
When buying a condo, several key factors should be considered to make an informed decision. Not very strata and building is the same therefore asking the right questions is essential to make an informed purchasing decision.
Here's what to look for:
1. Location: Ensure it's close to transit, amenities, and schools.
2. Size: Check if it accommodates you...
Should I Buy or Sell My House First in Vancouver?
Posted on Nov 03, 2023
The age-old question for Vancouver homeowners looking to make a change is whether to buy a new house before selling their current one or vice versa. It's a decision that can significantly impact your finances and peace of mind. Here, we explore the pros and cons of each approach to help you make an informed choice.
Buying First:
1. No Rush: You secur...