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Cambie Village Character Home

Check out this terrific character home in Cambie Village Sunday June 24th 2-4pm.  


Just what you have been waiting for! This is a delightful Cambie Village character home lovingly maintained with a practical and functional open layout. Generous size living room with classic W/B fireplace, beautifully preserved stained glass windows, large dining room opening onto a fabulous kitchen w/ granite counters,
huge centre island, pantry space, & sub zero fridge. Upstairs offers 3 large bedrooms and two full bathrooms. The master bedroom comes with a 3pc en-suite bathroom & walk in closet. The large back deck is perfect for entertaining & summer BBQ's. Below has a nice 2 bdrm mortgage helper or extra space for the kids.
Perfectly located within a short walk to both public and private schools, shopping and Canada Line.

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Come visit my open house May 12 and 13 from 1-3pm.  This is a beautifully renovated 950 square foot 2bdrm and den in Yaletown.   Rentals and pet allowed.
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Raymar is pleased to offer a spacious and bright 680 square foot one bedroom in Steveston Village.  Great for owner to live in or rent out as there are no rental restrictions.  The unit is in excellent condtion with granite counters, stainless steel appliances with new fridge and dishwasher.  Well maintianed laminate hardwood floors, master with walk-in closet, large balcony perfect for summer BBQ's. Open Sunday March 4th 2-4pm. 

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Raymar is pleased to announce their sponsorship with Lotus Cycling Club which is one of Vancouver's premier cycling clubs.  With a diverse group of over 100 cycling enthusiasts, Raymar shares Lotus Cycling Club's core values and vision to promote a healthy and active lifestyle with integrity, community involvement and social responsibility. Check out the new website at http://lotuscyclingclub.com #Vancouver#Community#Sponsorship#VancouverCycling#lotuscyclingclub

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Premier Christy Clark unveiled a new loan program today to help first-time home buyers come up with their down payment.

The BC Home Owner Mortgage and Equity (HOME) Partnership program will offer qualifying home buyers loans of up to $37,500, interest and payment free, for five years.

The province will begin accepting applications on January 16, 2017.

To qualify, buyers must:

• be buying their first home;

• obtain a high-ratio, insured first mortgage for at least 80 per cent of the purchase price;  

• have a combined gross household income not exceeding $150,000;

• have saved a down payment amount at least equal to the loan amount;

• be a Canadian citizen or permanent resident for at least five years; and

• have lived in BC for at least the full year preceding their application.

The loans will be due in full if the buyer defaults on a payment, ceases to use the home as a principle residence or resells the home.

Key facts:

• The loans will match a home buyer’s contribution to a down payment up to five per cent of the home’s purchase price. 

• The maximum purchase price to qualify for a loan is $750,000 (excluding taxes and fees).

• After five years, buyers can either repay their loan or enter into monthly payments at current interest rates.

• Loans through the program are due after 25 years.

“This program will boost sales to first-time home buyers. Without question, they’ll take advantage of it wherever they can,” said Helmut Pastrick, Central 1 Credit Union chief economist.

The province estimates this initiative will help at least 42,000 buyers or households province-wide over the next three years. About half of these buyers will be in the Lower Mainland, according to Pastrick.

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Government data shows foreign buyers make up five per cent of Metro Vancouver market

Foreign nationals make up 5.1 per cent of home buyers in Metro Vancouver, according to the first set of real estate transaction data released by the provincial government today.

This confirms data you’ve provided us for several years through our monthly member market poll

“We wrote the Minister of Finance earlier this year asking him to again track the residency of home buyers in BC and we applaud the government for taking action on this issue,” Dan Morrison, Board president said. “The housing affordability challenge we face is of critical importance to all of us in the region and it’s important that this debate be based on facts. We look forward to the province releasing larger data sets in the future to further inform this conversation.” 

The government will continue to release this data each month. The current set covers transactions between June 10 and June 29, 2016.

The data is collected when owners register their property at the Land Title Office and the Property Transfer Tax is paid. Individuals must disclose if they’re a Canadian citizen or permanent resident, or if their citizenship if not Canadian. Corporations must disclose their directors’ citizenship.

The report is available here.

Additional findings include:

•10,148 residential real estate transactions in BC, totalling more than $7.6 billion.

•337 transactions (3.3 per cent) involved foreign nationals, worth $390 million (5.1 per cent).

•In Metro Vancouver, there were 5,118 transactions worth nearly $5.4 billion, of which 260 involved foreign nationals (5.1 per cent), worth $351 million (6.5 per cent)

•In the City of Vancouver, there were 1,139 transactions, totalling more than $1.6 billion. 47 of these involved foreign nationals (4.1 per cent), worth $64 million (3.9 per cent).

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Do you have a renovation project in mind – and wonder how much value it will add to your home? Remodeling Magazine recently did a study of renovation projects, comparing costs to added value. Here are some of the
results:

 

Replacing a main entry door has a return on investment of over 95%. After all, the entrance to a home is one of the first things a prospective buyer notices.

 

Adding a new deck also adds a lot of value. Depending on the materials used, you can expect to get back three-quarters of the money invested.

 

Another high-payback project is the garage door. This once again demonstrates the importance of a home’s “curb appeal.”

 

If you’re tackling a big project, such as a basement renovation, you’ll be glad to know that, according to the study, a project like this adds a lot of value.

 

Finally, minor improvements to bathrooms and kitchens – such as adding new countertops or cupboards, can also be good investments that mostly pay back when you sell your home.

 

Of course, these figures are averages and can vary widely depending on location, type of property, and other factors.

 

Need help determining how a particular home improvement might impact the selling price? Call today.

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You have smoke detectors. Your doors have good locks. The bathtub has a
slip-free pad. By all accounts, your home is a safe and secure place for your
family to live.
 
However, there are some hazards that many homeowners don't consider or
even know about. For instance:
 
1. Blocked eavestroughs. Eavestroughs clogged with leaves and other debris can cause rainwater to overflow next to your foundation and create a basement leak.
 
2. Clogged dryer vents. High temperature air combined with lint is a near ideal condition for a fire. Check and clear the dryer vent at least once a year.
 
3. Dirty faucet heads. Kitchen and bath faucets often have built-in screens to spray the water evenly. Unfortunately, dirt and other contaminates can build up on these and, possibly, affect the quality of the water. Clean faucet heads regularly.
 
4. Tripping hazards. You could step around a loose section of carpet for years and then one day, in a moment of distraction, trip over it and fall. When you see a potential tripping hazard in your home, don't ignore it. Fix it.
 
Being diligent about home safety takes a little more time. But, if it prevents
one injury or illness, it's worth the effort. 
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Have you ever attended an "Open House" advertised in your area or in a community you like? Most people have. Even if you're not serious about moving, viewing a few properties in a neighbourhood you like is a great way to get a sense of the market.
 
Who knows? You might stumble upon your next dream home!
 
To get the most out of an open house, follow these guidelines:
 
•Most open houses will have a handout available containing the list price and other property information. Be sure to keep a copy.
 
•Don't just view the rooms. Explore the entire property, including the backyard.
 
•Don't be shy about asking the listing agent (or whoever is hosting the open house) questions about the property.
 
•Ask about the area. Are there schools nearby? Where is the nearest park or playground located?
 
•Ask about potential required repairs and renovations. For example, if the furnace is more than 15 years old, it may need to be replaced soon.
 
•Walk around the neighbourhood. Try to get a sense of what it's like to live there. If possible, chat with a neighbour.
 
Finally, if you become interested in the home, be sure to advise the listing agent that your own REALTOR® will be following up. Otherwise, the listing agent might assume that he or she will be representing you.
 
Looking for a good REALTOR® to have by your side? Call today.
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Come visit my new listing at the Destiny this Sunday March 30th from 2-4pm.  This is a one year old 2bdrm and den penthouse unit.  16 ft. ceilings with floor to ceiling windows and a huge deck with natural gas hookup.  High end Kitchen aid appliance package including a gas cooktop and wine fridge. Bright and peaceful outlook towards the green belt.  If you like quiet and ultimate privacy this is the unit for you.  2 parking and storage locker.

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Great news today for first-time buyers!

 

"The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000. The partial exemption continues and will apply to homes valued between $475,000 and $500,000."


This change has been long overdue and will be welcome by first time buyers.



 

 

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Remember the last time you visited an upscale furniture showroom? The furniture and fixtures on display probably looked great. The colours and textures jumped out at you. It was a feast for the eyes!

There is a good reason for this: lighting.

Of course, the quality of the products has a lot to do with how appealing they look when on display. But smart retailers know that proper lighting is key to making those products look their best. In fact, some retailers even hire lighting consultants!

What does this have to do with selling your home quickly, and for the best price?

Obviously, when showing your property to potential buyers, you want your home to look its very best. Proper lighting can be a big help.

When preparing your home for sale, review the lighting in each room and make sure the space is sufficiently well lit. You want the lighting to be strong enough to prevent dark or shadowy areas, yet not so strong that it's uncomfortable for the eyes.

As a rule of thumb, the total wattage of lights in a room should equal the room's square footage times 1.5. So, if a room is 120 square feet and has three light sources (ceiling light and two lamps) then the bulbs in each should be 60 watts.

Pay particular att ention to traditionally dark areas, such as the garage, basement, and closets. Make sure those areas are well lit.

If you have a viewing scheduled during the day, take advantage of natural light through windows. Open the curtains!

Finally, one of the m ost important areas is the foyer. Always make sure the entrance has sufficient lighting. You don't want buyers to think they've entered the home of classic TV's The Adam's Family!

Want more ideas for preparing your home for sale? Call 
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