Monthly Market Report December 2021

Metro Vancouver* home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales...
Read MoreWhen's the best time to buy a home?

Buying a home doesn’t happen overnight. It doesn’t happen over days or even weeks. It takes planning and commitment. It’s a matter of finding a home that fits, making sure the math works out, putting in a competitive offer, and getting to a sealed deal wi...
Read MoreYour Tax Responsibilities When Selling Your Home

As a homeowner, one benefit of owning real estate is selling and profiting from your home's price appreciation. In Vancouver real estate, it can be a lucrative investment. Selling your home isn’t tax-free, and the Canadian Revenue Agency will share in pro...
Read MoreDo I need a lawyer and are there legal fees when buying your home?

When buying a home, there are a number of costs that go beyond the purchase price. As a home buyer, you’ll want to be aware of and budget for these closing costs. One such cost is legal fees. Involving a lawyer doesn’t come cheap. And you’ll probably want...
Read MoreLandlord Series: The Truth about Repairs for Your Rental Property

As a homeowner, letting your property out to a tenant is a big deal. You’ll probably be conscious of how your tenant will treat your home. Renting out your home isn’t a light decision, but it can be well worth it. However, having a rental property isn’t j...
Read MoreHow much should you save before you buy a home?

As a first-time homebuyer, the real estate market can be a daunting arena. You may be thinking, how on earth can I afford it? The good news is that you don’t necessarily have to pay for everything upfront. Keeping an eye on all pending costs for buying a...
Read MoreDo you need a lawyer and are there legal fees when selling your home?

Is a lawyer required for selling a home? And are there any legal fees when selling your home? Understandably, hiring a lawyer by the hour doesn’t come cheap. Hence, you’ll want to verify whether it’s necessary to involve a lawyer when selling your home. ...
Read MorePresale Versus Resale Homes: Are They Different? Which One is Better?

In a market flooded with both presale and resale homes, you might be thinking to yourself, which option should you pursue? Buying a home is a significant investment. Are there core differences between presale versus resale homes? First off, let’s defin...
Read More5 Tips for Collecting a Security Deposit from Renters

1. Collecting a Security Deposit: Make Sure the Security Deposit is Part of the Rental Agreement BC tenancy laws enable landlords to collect a deposit in trust as security against damage to your property—albeit within strict guidelines. As a landlo...
Read MoreWhat Should I Do When My Tenant Doesn’t Pay Their Rent?

As a landlord, you’ll want to treat your rental property as an investment, and you should see consistent cash flows from rent. Seeing as consistent rent flows is important, how can you manage it so that a tenant pays rent on time? What can you do when you...
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