Home owner grant threshold down $125,000 for 2020
Posted on Jan 20, 2020 in Government and real estate
Home owner grants may be eligible to home owners whose property is worth $1,525,000 or less.
That’s the new threshold for applying in 2020, and it was set at the same time as your property assessment, which should have arrived by now.
The regular grant is $570 for qualifying home owners in the Lower Mainland — it could be as high as $845 for seniors...
This week’s selling tip: about home staging…
Posted on Jan 16, 2020 in Selling a house
If you know what a home stager is, chances are you have experience as a “home seller” or maybe you’ve even hired an expert to “stage” your home.
If not, you could call home staging “professional preparation.”
Most home stagers will tell sellers that the single most important thing to do in preparing your home for sale is to de-clutter it.
The idea is...
Vancouver, Toronto markets ‘unique’ for interest-rate strategy
Posted on Jan 13, 2020 in Interest rates
In case you missed it, the Bank of Canada governor (Stephen Poloz) was in Vancouver last week to discuss a possible change in what the bank call its “overnight interest rate” and the implication of a change on housing markets.
It was clear that the Vancouver and Toronto markets are, well, unique and so is their impact should there be a rate change.
...
BC Assessment appeal deadline January 31
Posted on Jan 09, 2020 in Property Assessment
The envelope shows up in your mailbox. You know who it’s from...BC Assessment. You’re not sure if you want to open it or not.
If your property assessment is less, you’re going to feel your house has just depreciated.
If it’s more, there go the taxes.
This is happening to homeowners throughout the province this month.
If you have questions about your as...
‘Selling’ realtor — the flip side of transactions
Posted on Jan 06, 2020 in Property purchases
On this website, under “Sold Properties” you can find Nexus Realty listings that have been sold.
That’s being the “listing” realtor.
The flip side is being the “selling” realtor, when we act on behalf of the buyer.
It happens often, of course, because for every seller there is a buyer. Recently, Nexus was the “selling realtor” for a property in Horses...
Playing real estate market can be guessing game
Posted on Jan 02, 2020 in Buying a house
Timing is everything in real estate, right? If you’re lucky enough to see high and buy low, you’ve played the market well.
If only it were that easy.
Every client looking for a house wants to know: What’s the best time to buy?
Here’s the answer:
The best time to buy is when you find the house you want, and it’s the house you can afford.
Period.
Trying to...