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Please visit our Open House at 3302 1028 BARCLAY ST in Vancouver.
OPEN HOUSE: Sunday March 3 2-4
Premium-view unit with the most sought-after (1st to sell out) 2bdrm floor plan at Patina by Concert. Views improve dramatically at approx. the 32nd floor, and as a corner unit with huge wrap-around balcony and glass everywhere, sunriseseast over Mt. Baker, views south over False Creek, and sunsets west over Georgia Strait are spectacular. Throw in separated bedrooms, defined living and dining areas, a very hi-end island kitchen, A/C, and a spa-like master bath, and this beautiful home is awesome to spend any kind of time in. Ultra-central location close to everything downtown, great building and strata, stellar gym and boardrooms, 24hr concierge. Open House Sun Mar 3 from 2-4pm. Visit realtor's website for floorplan and video
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Please visit our Open House at 1202 1238 SEYMOUR ST in Vancouver.
OPEN HOUSE: Saturday March 2, 2-4
Gorgeous, SW exposed 1 bedroom corner unit with great views of Water & City! Equal to 22nd floor in terms of Height, total renovation with granite countertops, stainless steel appliances, laminate floors, new lighting + designer paint colors. Bedroom is extremely bright with custom installed translucent glass panels. This home comes with insuite laundry, secured U/G parking + a storage locker. Great location in the Heart of Yaletown walking distance to Everything! Building has social room, 2 patio decks with BBQ's, bike room + excerise centre. Open Houses: Saturday, March 2nd and Sunday, March 3rd 2-4PM.
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I have sold a property at 6 815 CHILCO ST in Vancouver.
Absolutely outstanding views over "Lost Lagoon", Stanely Park and the North Shore Mountains from this bright one suite per floor condominium. Updated to the finest standards, 2 bedrooms and den, 2 bathrooms, large open living room and kitchen. Beautiful hardwood floors. Simply the best location.
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Families and teens can visit popular Vancouver attractions for free*

Vancouver residents are able to you use their Vancouver Public Library cards to check out 20 amazing venues throughout the city

The city of Vancouver, Vancouver Park Board and the Vancouver Public Library have teamed up to Sponsor an amazing program. This has been done so the residents of our fair city can explore what millions of tourists come to Vancouver to see and experience.

 

The twenty partner venues will allow free access to museums, fitness centres, world - class gardens, and popular attractions once in the 2 week period that the pass is live.

 

This is one of the most fantastic oppurtunities we Vancouverites have to experience the wonders of  Metro Vancouver. I applaud all the organizations that are involved, and celebrate the fact that low income families and our youths can enjoy the sight and sounds of Vancouver for free!!

Program has 20 Venue partners which for the 2 week borrowing period are free (once per venue or activity).

 


Events and Activities:

 

Fitness and Recreation:

 

VPB Fitness Centres               VPB Ice Rinks

VPB Fitness Centres                                                  VPB Ice Rinks

 

VPB Pitch and Putt               VPB Swimming Pools

VPB Pitch and Putt                                                     VPB Swimming Pools

 

 Arts and Culture:

 

Vancouver Art Gallery                Vancouver Bach Choir

Vancouver Art Gallery                                                Vancouver Bach Choir

 

Vancouver Opera                Vancouver Symphony Orchestra

Vancouver Opera                                                        Vancouver Symphony Orchestra

 

 Science and Nature:


 Beaty Biodiversity Museum               Bloedel Conservatory

Beaty Biodiversity Museum                                      Bloedel Conservatory

 

Dr. Sun Yat-Sen Garden                H.R. MacMillan Space Centre

Dr. Sun Yat-Sen Garden                                             H.R. MacMillan Space Centre   

 

Nitobe Memorial Garden                Science World

Nitobe Memorial Garden                                           Science World

 

UBC Botanical Garden                Vancouver Aquarium

UBC Botanical Garden                                                Vancouver Aquarium

 

 VanDusen Botanical Garden               

 VanDusen Botanical Garden

 

 Museums and Heritage:

 

Museum of Vancouver               Roedde House Museum

Museum of Vancouver                               Roedde House Museum


UBC Museum of Anthropology               Vancouver Maritime Museum

UBC Museum of Anthropology                                Vancouver Maritime Museum

 

Vancouver Police Museum

Vancouver Police Museum

 

 

 

Link:How to get you pass


Link:Using your pass

 

Contact  Vancouver Public Library for more details:

 

Call 604-331-3603.

 

or info@vpl.ca

 

The information in this blog is informational in natuer and any information contained there in should be verified by VPL.

 

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Please visit our Open House at 206 2125 2ND AVE W in Vancouver.
Open House on Saturday, October 13, 2012 2:00 pm - 4:00 pm
South facing renovated 1 bedroom north of 4th. Former galley kitchen has been completely opened featuring new cabinets, ceiling pot lights, S/S appliances and large quartz counter top; perfect for entertaining. Fresh paint, bamboo flooring throughout with a large sunny garden level patio surrounded by beautifully landscaped gardens. Massive common roof deck with epic city/mountain views. Pet friendly building only 3 blocks to Kits beach and 2 blocks to everything you need on 4th ave. Buy with confidence in this well run building. 1 parking & 1 storage locker included. OPEN HOUSE SAT OCT 13TH & SUN OCT 14TH FROM 2:00-4:00PM
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Fantastic opputunity to own in Kitsilano

 

South facing renovated 1 bedroom north of 4th. Former galley kitchen has been completely opened featuring new cabinets, ceiling pot lights, S/S appliances and large quartz counter top; perfect for entertaining. Fresh paint, bamboo flooring throughout with a large sunny garden level patio surrounded by beautifully landscaped gardens. Massive common roof deck with epic city/mountain views. Pet friendly building only 3 blocks to Kits beach and 2 blocks to everything you need on 4th ave. Buy with confidence in this well run building. 1 parking & 1 storage locker included.

 

 

 

 

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Please visit our Open House at 403 919 STATION ST in Vancouver.
OPEN HOUSE: Sunday 2-4 September 16
One bedroom corner condo, Centrally located, minutes to the sytrain, shop in China Town, walk to False Creek & Rogers Arena. This home has views of the City & Mountains, features includes 9' ceilings, acid etched floors, Juliette balcony, secured parking & insuite laundry. This Condo is ready for you to move in.
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August 2012 Housing Market Update - Real Estate Board of Greater Vancouver

The Real Estate Board of Greater Vancouver Housing Market Update for August 2012 with REBGV president Eugen Klein.





If you have any questions concerning this video by  the Real Estate Board of Greater Vancouver or any more specific questions on the Vancouver property market contact me at chris@chrisball.ca or visit http://chrisball.ca

Feel free to leavea comment below.


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Please visit our Open House at 403 919 STATION ST in Vancouver.
OPEN HOUSE: Saturday Sept. 8 from12-3
One bedroom corner condo, Centrally located, minutes to the sytrain, shop in China Town, walk to False Creek & Rogers Arena. This home has views of the City & Mountains, features includes 9' ceilings, acid etched floors, Juliette balcony, secured parking & insuite laundry. This Condo is ready for you to move in.
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I have sold a property at 203 933 SEYMOUR ST in Vancouver.
Spacious 1 bedroom loft, with soaring 16' ceilings, laminate flooring, insuite laundry,and a walk - in closet. One of only a handful of units with a personal patio.This well priced home is featured in the SPOT, a highly regarded loft conversion building known for quick sales. Ideally located between Yaletown and the Granville entertainment district, The SPOT earns its 100/100 walk score! Steps away from shopping, retaurants, cafes and parks. A renowned communal roof top garden, with stunning views. The fitness centre and function room steps away on the same floor, couldn't make fitness or entertaining any easier. perfect for investor or 1st time buyer. Call for Private Showing.
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Please visit our Open House at 15 3250 4TH AVE W in Vancouver.
OPEN HOUSE: Saturday, August 25th from 2-4
Renovated and Rainscreened! This quiet top floor 2 bedroom, 1.5 bath home is located in the heart of Kitsilano. Some of the may features include a North and South exposure, large south facing balcony, engineered hardwood throughout,open kitchen, tons of insuite storage as well as a sunny enclosed solarium. Just steps to parks, shops and cafes. Only 4 blocks to the beach!! Unique 16 suite boutique building. Bonus - owner has been given permission from strata to install a 950 sqft rooftop deck. Open House Sat August 25 from 2-4pm. Visit realtors website for video tour and floorplan.
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Great Investment property steps to the Beach

 15 - 3250 West 4th Ave. , Vancouver

 

Fantastic 2 bedroom and 1.5 bath condo in Kits! Comes with all the furniture and getting $2400 per month in rent


Listed for $516,900


Open House Saturday August 25 from 2-4


For a Private Showing  contact Chris:604-512-9208


Renovated and Rainscreened! This quiet top floor 2 bedroom, 1.5 bath home is located in the heart of Kitsilano. Some of the may features include a North and South exposure, large south facing balcony, engineered hardwood throughout,open kitchen, tons of insuite storage as well as a sunny enclosed solarium. Just steps to parks, shops and cafes. Only 4 blocks to the beach!! Unique 16 suite boutique building. Bonus - owner has been given permission from strata to install a 950 sqft rooftop deck. Open House Sat August 25 from 2-4pm. 

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Federal Government Changes to Mortgage Lending


New Canadian Mortgage Rules Come Into Effect July 9, 2012

 

Federal Finance Minister Jim Flaherty today announced 4 major changes to Canada mortgage lending rules.


This is the fourth time over the last 4 years that the Federal Government has changed the rules for mortgage insurance. This was done to cool the hot Canadian housing market without raising interest rates, which would have a negative impact on the economy.


The four major changes effective July 9, 2012 are as follows:

 

1) The maximum amortization on a prime mortgage will be reduced from 30 to 25 years. This change can effectively change the price of the home you can afford by approximately 10%. Please speak with your mortgage provider for their expert advice.

 

2) Refinancing has been lowered from a maximum of 85% loan-to-value to a maximum of 80% loan-to-value.

 

3) Mortgage insurance will not be provided for properties valued over $1 million. This change means for someone wishing to purchase a home for over $1 million, your down payment must be over 20% of the purchase price.

 

4) The maximum gross debt service (GDS) and total debt service (TDS) will be limited to a maximum of 39% and 44% respectively. Currently, GDS does not apply to qualified borrowers with credit scores over 680.


The first two measures will have the most drastic effect on real estate purchases. 1st time home buyers and  people who are planning on upsizing will be the most affected by these srticter rules.


These tighter mortgage approval criteria will reduce the number of "higher risk" borrowers who can qualify for a mortgage.


If you are planning on purchasing a home or are wondering what the implications of these new measures are with your existing home are please contact me at:


Chris Ball: Mobile 604-512-9208


or by email at: chris@chrisball.ca

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Oppurtunity to own in this highly regarded  Loft/Conversion Building


Spacious 1 bedroom loft, with soaring 16' ceilings, laminate flooring, insuite laundry,and a walk - in closet. One of only a handful of units with a personal patio.


This well priced home is featured in the SPOT, a highly regarded loft conversion building known for quick sales. Ideally located between Yaletown and the Granville entertainment district, The SPOT earns its 100/100 walk score!


Steps away from shopping, retaurants, cafes and parks. A renowned communal roof top garden, with stunning views. The fitness centre and function room steps away on the same floor, couldn't make fitness or entertaining any easier. perfect for investor or 1st time buyer.


http://chrisball.ca/mylistings.html/details-25080824


Call for Private Showing.


Open Houses:


Friday, June 1 from 10 - 2


Saturday June 2 from 3 - 5


Sunday June 3 from 2 - 4


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One for the Money, Two for the Show!:  A Manual to Prepare your Home for Selling

 

“You never get a second chance at a first impression.”  We’ve all heard this expression before.  And now, while you are preparing your house to sell, it should not be far from your mind. 

 

While logical factors such as price and location narrow the pool of houses a potential buyer will look at, the ultimate decision to buy a particular house is fuelled by a mixture of logic and emotion.  And emotion often wins out.  The same might be said for the process of selling a home.  For this reason, Real Estate Agents, when they talk to you about buying real estate, will refer to your purchase as a “home.”  When discussing the sale of your current home, however, an agent will refer to it as the “house.”  This is a conscious choice.  The agent knows that buying a house is often an emotional decision, while, when selling a house, emotion should be separated from the process. 

 

Buyers are searching for a “home”—a place in which they will feel comfortable, secure, and happy, a place in which they can imagine settling down and raising their family.  As a seller, your goal is to cultivate these feelings through the property you’re selling.  Look at your house as a marketable commodity.  A buyer’s emotional response is triggered early, so you want to ensure you have done everything you can to encourage a positive response to your house from the outset.  Within minutes—even seconds—of pulling into your driveway, buyers have formed an impression that they will carry with them through the rest of the showing, and beyond.  Keep in mind, this impression will not only influence whether or not they make an offer, but also what they consider to be the value of the property.     

 

If you’ve ever visited model homes, you’re familiar with effective presentation styles.  Have you ever walked into one of these homes and immediately begun taking stock, planning how to get your home to look that good?  Well, now is the time to take some of these steps.  Of course, there are ways to achieve the same effect in your own home without incurring model home costs.   

 

When homes create this immediate type of emotional appeal, they tend to sell quickly—and for more money.  Use the following step-by-step guide to get your house into selling shape before you put the property on the market, and you’ll be well on your way to a successful sale!

 


1.      Outside the House

 

 

Work your way from the outside in.  It is essential that your home possess a certain “drive-up appeal.”  Remember, a potential buyer’s first impression of your house is formed while s/he is still sitting in the realtor’s car.  So, first you need to view your house from this perspective.  Go stand on the opposite curb and observe your property.  Compare it to surrounding properties.  Concentrate on the following four areas:

 

Landscaping:

How does your landscaping measure up compared to the rest of the neighbourhood?  If you guess it would rate below-average, make a few adjustments.  You might want to consider buying some bushes and planting them around the property.  Do not buy trees, however—mature trees are expensive, so you will not see a return on your investment.  And immature trees don’t tend to significantly improve the immediate appearance of your home. 

 

If the problem with your yard isn’t a case of too little greenery, but rather too much, get out the pruning shears.  The purpose of landscaping is to complement the home, not hide it.  Overgrown shrubs should be sheared to a height near the bottom of the windows.  Remove any ivy clinging to the side of the house.  Tree limbs should be high enough that you’re able to walk beneath.  Trim any branches that bar the way.

 

Your lawn should be freshly cut and watered, and an even colour.  If there are brown spots, make sure you begin to remedy this well in advance of putting the house on the market.  You may want to re-sod areas, and you need to make sure these spots are given enough time to grow, so they will match the existing lawn.  Also, if you decide to use fertilizer, you’ll want to allow enough time for it to take effect.  Rake up any leaves or grass cuttings.

 

Planting a few flowers is an easy way to add colour and vibrancy to your yard, enhancing the first impression of your home.  Invest in a full flat of mature, colourful flowers, such as petunias or periwinkles, which last the length of the growing season.  Do not buy bulbs or seeds—they won’t necessarily grow enough by the time you begin showing to achieve the desired effect.  If you don’t have an area in which to plant flowers, consider purchasing a few flower pots for your porch and planting flowers or blooming plants.

 

If you have a pool, keep it sparkling and leaf-free.

 

House Exterior:

When you view your house from across the street, does it appear weathered or faded?  If so, it’s probably time to treat it to a fresh coat of paint.  This is usually a sound investment; new paint can do wonders to increase a home’s perceived value.

 

Stay away from unusual or loud colours.  The new colour should fit in with surrounding houses, and complement the style and structure of your house.

 

Examine the roof closely.  Old or leaking roofs should be replaced.  If there are leaks, you’ll have to disclose this detail to the homebuyer anyway, and they will want it replaced.  If there isn’t any apparent damage, however, wait for word from the home inspector before making repairs.

 

The Front Door and Porch:

The front door and surrounding area should look particularly fresh and welcoming, as this will be the buyer’s first up-close impression as they enter the house.  If you paint nothing else, at least give the door a new coat.  Replace the doorbell if it is broken and polish the door fixture until it gleams.  Wash the mail box.  Keep the porch swept and buy a new plush door mat.  All of these little things will contribute to the overall effect of a well cared-for and welcoming home.

 

Ensure the lock works smoothly and the key fits properly.  When a homebuyer visits your house, the Realtor will open the front door with a key.  You don’t want the buyers’ first experience to be of waiting on the doorstep while the Realtor fumbles with the lock.

 


2.      Depersonalize.

 

 

This should be one of your first steps when you begin preparing your house to sell.  Over the years, a home inevitably becomes tattooed with the owners’ lives, covered with touches that have made it that special place for you.  At this point, however, you want buyers to recognize it as a property they could make into their unique place.  When a homebuyer walks into a room and sees these personalizing touches—such as photos on the walls or trophy collections—their ability to picture their own lives in this room is jarred, impairing a positive emotional response.  So, your first step will be to remove all the family photos, the trophies, collectible items, and souvenirs.  Pack them all together, so you’ll have everything you need at your disposal when it comes time to personalize your new home. For the time being, rent a storage space and keep these items there.  Do not simply transfer these items to another place in your house.  Do not hoard them away in a closet, basement, attic, or garage, as the next step in preparing your home is to minimize clutter—and these areas of your house will all be targeted.

 


3.      Remove all clutter.


 

The next step on the list is to purge your house of the excess items that have accumulated over the years.  This is the hardest part for many people, as they have an emotional investment in many of these things.  When you have lived in a house for several years, a build-up of personal effects occurs that is often so gradual that you don’t notice the space is becoming cluttered.  If you need to, bring in an objective friend to help point out areas that could stand to be cleared.  Try to stand back yourself and see your house as a buyer might.  Survey shelves, countertops, drawers, closets, the basement—all places where clutter often accumulates—to determine what needs to go.  Use a system to help you decide:  get rid of all items, for example, you haven’t used in the past five years, and pack up everything that you haven’t used in the past year.  Although getting rid of some things might be hard, try to do it without conscience or remorse.  You’ll be forced to go through this process anyway when you move, and with each box you eliminate, your storage space—and the room in general—begins to look larger.  We’ve broken down the process into specific areas of your house to help you concentrate your efforts:

 

Kitchen:

The kitchen is an ideal place to begin, as it’s easy to spot and eliminate the type of clutter that tends to accumulate here.  Homebuyers will open your drawers and cabinets as they’ll want to check if there will be enough room for their own belongings.  If the drawers appear cluttered and crowded, this will give them the impression there is not enough space.  

 

  • First of all, remove everything from the counters, even the toaster (the toaster can be stored in a cabinet, and brought out when needed).
  • Clean out all the cabinets and drawers.  Put aside all of the dishes, pots and pans that you rarely use, then box them and put them in the storage unit you have rented (again, not in the basement or a closet).
  • If you, like many people, have a “junk drawer,” clear this out.
  • Get rid of the food items in the pantry that you don’t use.  Begin to use up existing food—let what you have on your shelves dictate your menus from now on.
  • Remove all extra cleaning supplies from the shelves beneath the sink.  Make sure this area is as empty as possible.  You should thoroughly clean this spot as well, and check for any water stains that might indicate leaking pipes.  Buyers will look in most cabinets, and will notice any telltale signs of damage.

 

Closets:

  • Go through all clothes and shoes.  If you don’t wear something anymore, get rid of it.  We all have those clothes, too, that we wear only once in awhile, but can’t bear to give away.  Box these items and keep them in the storage unit for a few months. 
  • Go through all other personal items in the closet.  Be ruthless.  Weed out everything you don’t absolutely need.
  • Remove any unsightly boxes from the back of the closet.  Put them in storage if need be.  Get everything off the floor.  Closets should look as though they have enough room to hold additional items.

 

Furniture:

  • You may want to tour a few model homes in order to gauge the type of

furniture chosen by design teams to create a spacious, yet comfortable atmosphere.  Note how that furniture is arranged to cultivate a certain feeling.

  • After having armed yourself with some ideas, stand back and look at each

of your rooms.  What will you need to remove?  Remember, most homes contain too much furniture for showings.  These are items that you’ve grown comfortable with and that have become incorporated into your everyday routine.  However, each room should offer a sense of spaciousness, so some furniture will likely need to be placed in storage.

 

Storage Areas:

  • Basements, garages, attics, and sheds:  these are the “junkyard” areas of

any given home.  It is possible to arrange simple clutter into a certain order, but junk is sent packing to these often-hidden rooms.  First, determine which of these boxes and items you actually need.  Can some of it be sent to the dump once and for all?

  • Hold a Garage Sale.  You’ve heard the saying, “One person’s trash is

another’s treasure.”  Let these items go to a better home.

  • Transfer some items to the rental storage unit.  You’ll want to clear the

storage areas in your house as much as possible, in order for them to appear spacious to potential home-buyers.  Buyers want the reassurance that their own excess belongings will find places for storage in their new home.


 

4.   Inside the House

 

 

Once you’ve cleared the house of excess items, you’ll have room to work on other areas.

  

Walls and Ceiling:

Examine all the ceilings and walls for water stains or dirt.  We don’t often look closely at the walls that surround us, so be careful—there could be residual stains from leaks that have long been fixed, or an accumulation of dirt in an area you hadn’t noticed.

 

Painting the walls may be the best investment you can make when preparing your home to sell.  You can do it yourself, and relatively inexpensively.  Remember, the colours you choose should appeal to the widest range of buyers, not just to your own personal taste.  A shade of off-white is the best bet for most rooms, as it makes the space appear larger and bright.

 

Carpet and Flooring:

Does your carpet appear old, or worn in areas?  Is it an outdated colour or pattern?  If the answer to either of these questions is yes, you should consider replacing it.  You can find replacement carpeting that is relatively inexpensive.  And always opt for neutral colours.

 

Any visibly broken floor tiles should be replaced.  But make sure you don’t spend too much on these replacements.  The goal isn’t to re-vamp the entire home, but, rather, to avoid causing any negative impressions due to noticeable damage or wear around the house.

 

Doors and Windows:

Check the entire house for any cracked or chipped window panes.  If they are damaged in any way, replace them.  Test all windows, as well, to ensure they open and close easily.  Try spraying WD40 on any with which you’re having trouble.  This should loosen them up.   

 

The same can be done with sticking or creaking doors.  A shot of WD40 on the hinges should make the creak disappear.  Check to make sure each door knob turns smoothly and polish it to gleaming.

 

Odour Check:

Begin by airing out the house.  Chances are, you’d be the last person to notice any strange or unpleasant smell that may be immediately apparent to visitors.

 

If you smoke indoors, you’ll want to minimize the smell before you show your home.  Take your cigarettes outside for a period of time before you begin showing.  Ozone sprays also help eliminate those lingering odours without leaving a masking, perfumed smell.

 

Be careful if you have a pet.  You may have become used to the particular smell of your cat or dog.  Make sure litter boxes are kept clean.  Keep your dog outdoors as much as possible.  You may want to intermittently sprinkle your carpets with carpet freshener as well. 

 

Plumbing and Fixtures:

All sink fixtures should look shiny and fresh.  Buy new ones if scrubbing fails to get them into shape.  Replacing them can be done fairly easily and inexpensively.  Check to make sure all hot and cold faucets are easy to turn and that none of the faucets leaks.  If you do find a leaking faucet, change the washer.  Again, this is an easy and inexpensive procedure. 

 

Finally, check the water pressure of each faucet, and look for any stains on the porcelain of the sinks or tubs.

 

 

Once you’ve covered all these bases, your house will be in prime shape for its time on the market.  Congratulations, you’re ready to begin showing!

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8 Mistakes to Avoid When Buying a Home

 

You’ve been saving for awhile, weighing your options, looking around casually.  Now you’ve finally decided to do it—you’re ready to buy a house.  The process of buying a new home can be incredibly exciting, yet stressful, all at once.  Where do you start?

 

It is essential you do your homework before you begin.  Learn from the experiences of others, do some research.  Of course, with so many details involved, slip-ups are inevitable.  But be careful:  learning from your mistakes may prove costly.  Use the following list of pitfalls as a guide to help you avoid the most common mistakes.

 

  1. Searching for houses without getting pre-approved by a lender:

 

Do not mistake pre-approval by a lender with pre-qualification.  Pre-qualification, the first step toward being pre-approved, will point you in the right direction, giving you an idea of the price range of houses you can comfortably afford.  Pre-approval, however, means you become a cash buyer, making negotiations with the seller much easier. 

 

  1. Allowing “first impressions” to overly influence your decision:

 

The first impression of a home has been cited as the single most influential factor guiding many purchasers’ choice to buy.  Make a conscious decision beforehand to examine a home as objectively as you can.  Don’t let the current owners’ style or lifestyle sway your judgment.  Beneath the bad décor or messy rooms, these homes may actually suit your needs and offer you a structurally sound base with which to work.  Likewise, don’t jump at a home simply because the walls are painted your favourite colour!  Make sure you thoroughly the investigate the structure beneath the paint before you come to any serious decisions. 

 

  1. Failing to have the home inspected before you buy:

 

Buying a home is a major financial decision that is often made after having spent very little time on the property itself.  A home inspection performed by a competent company will help you enter the negotiation process with eyes wide open, offering you added reassurance that the choice you’re making is a sound one, or alerting you to underlying problems that could cost you significant money in both the short and long-run.  Your Realtor can suggest reputable home inspection companies for you to consider and will ensure the appropriate clause is entered into your contract.

 

  1. Not knowing and understanding your rights and obligations as listed in the Offer to Purchase:

 

Make it a priority to know your rights and obligations inside and out.  A lack of understanding about your obligations may, at the very least, cause friction between yourself and the people with whom you are about to enter the contract.  Wrong assumptions, poorly written/ incomprehensible/ missing clauses, or a lack of awareness of how the clauses apply to the purchase, could also contribute to increased costs.  These problems may even lead to a void contract.  So, take the time to go through the contract with a fine-tooth comb, making use of the resources and knowledge offered by your Realtor and lawyer.  With their assistance, ensure you thoroughly understand every component of the contract, and are able to fulfill your contractual obligations.

 

  1. Making an offer based on the asking price, not the market value:

 

Ask your Realtor for a current Comparative Market Analysis.  This will provide you with the information necessary to gauge the market value of a home, and will help you avoid over-paying.  What have other similar homes sold for in the area and how long were they on the market?  What is the difference between their asking and selling prices?  Is the home you’re looking at under-priced, over-priced, or fair value?  The seller receives a Comparative Market Analysis before deciding upon an asking price, so make sure you have all the same information at your fingertips.

 

  1. Failing to familiarize yourself with the neighbourhood before buying:

 

Check out the neighbourhood you’re considering, and ask around.  What amenities does the area have to offer?  Are there schools, churches, parks, or grocery stores within reach?  Consider visiting schools in the area if you have children.  How will you be affected by a new commute to work?  Are there infrastructure projects in development?  All of these factors will influence the way you experience your new home, so ensure you’re well-acquainted with the surrounding area before purchasing.

 

  1. Not looking for home insurance until you are about to move:

 

If you wait until the last minute, you’ll be rushed to find an insurance policy that’s the ideal fit for you.  Make sure you give yourself enough time to shop around in order to get the best deal.

 

  1. Not recognizing different styles and strategies of negotiation:

 

Many buyers think that the way to negotiate their way to a fair price is by offering low.  However, in reality this strategy may actually result in the seller becoming more inflexible, polarizing negotiations.  Employ the knowledge and skills of an experienced realtor.  S/he will know what strategies of negotiation will prove most effective for your particular situation. 

 

 

 

 

 

 

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I have sold a property at 707 918 Cooperage WAY in Vancouver.
Mariner by Concord Pacific, 1 bedroom + den unit, luxury interiors, living room with fireplace, kitchen includes granite countertops, stainless appliances, A/C, built-in vacuum system, built-in security system and more. Great amenities in Esprit Club such as indoor swimming pool, sauna, hot tub, exercise room, 3 party rooms, 2 bowling lanes, theatres and more. Great location, close to seawalls, Costco, Yaletown shopping, BC Place and skytrain station. Enjoy your stylish life in this waterfront condo.
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I have sold a property at 109 675 Park CRES in New Westminster.
'Winchester' at Queen's Park, Craftsman Style, 5 year old, 1 bedroom, 610 sq ft, garden level suite by award winning Unimet. Bright & spacious, immaculate condition, open floor plan, 9' ceiling, shaker kitchen, granite counters, stainless steel appliances, dining area, laminate & tile floors, insuite laundry, fireplace, lovely private garden patio(15x10), perfect for BBQ's, attractive fence, foliage & cobblestone wall, balance of 10 yr warranty, storage locker & secure parking Pets okay. Walk to Queen's Park, pool, transit, shops, & schools.
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I have sold a property at 2308 1155 Seymour ST in Vancouver.
BRAVA - FANTASTIC SW corner on 23rd flr with city skyline & water views of False Creek. Bright open flr pln offers your buyer a functional 1 bdrm + den + study w/granite kitchen countertop & island, electric fireplace, balcony off lvgrm to enjoy sunset views & summer BBQ's. One secured u/g parking stall & 1 storage locker. Excellent bldg w/24-7 concierge, 2 guest suites, easy p/up & drop off fr backlane. Amenities feature an outdoor pool, hot-tub, sauna, excercise rm, theatre & lounge rm. Centrally located to shops, restaurants, theatres, skytrain, Emery Barnes park, seawall & much more!
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