Vancouver Home Power Team

I've been reading a number of articles concerning the Bank of Canada's Interest Rate hike of 0.25% yesterday, here are a few links:


http://www.financialpost.com/news/Canada+banks+hike+prime+lending+rates/3098548/story.html

http://www.financialpost.com/news/Bank+Canada+first+hike+rate/3096853/story.html

http://www.financialpost.com/news/lowers+fixed+mortgage+rate/3096986/story.html

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Property Tax Information - Claim your Home Owner's Grant

For many first time buyers; you will be receiving your first property tax notices over the next few weeks. You will note that taxes are due July 5 this year. The second installment of property taxes in the City of Vancouver is always due the second business day of July.

Many first time buyers will have their lender collecting and ...

This a video of a talk I did on July 22, 2009 at the Terminal City Club in Downtown Vancouver talking about changes I've made to my business and Real Estate Purchase and Sale files to make us a significantly "paper reduced" office.

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I recently recorded a video to explain what I do, as a notary public to assist you with the purchase of you home. My office is conveniently located in downtown Vancouver. I would be pleased to work with you to complete the purchase of your Greater Vancouver Condo or House.

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Interesting to read the British Columbia Real Estate Association (BCREA)'s report this week indicating that April was the third consecutive month of increasing home sales in BC. It seams cliché to say "this is a good time to buy" but it seems that many people are agreeing that it is. Whether we are now at the bottom and end of the current price correction will remain to be seen, but does it ...

The BC Real Estate Association (BCREA) reported yesterday that after several months of decrease, that there were more Home Sales last month, than the month prior. The report (www.bcrea.bc.ca/news_room/2009-02.pdf) shows a graph which is shows quite well what is going on.

We have heard so many reports about how this month is 50% less than same month, year over year. I think that the reporti ...

Sunrise with Fresh Snow on North Shore Mountains

I have lived in Vancouver all of my life and can't imagine leaving. This growing city has a lot going for it, but one of my favorite things, especially being in Downtown Vancouver; is the way the city looks a sunrise with fresh snow on the local mountains.

To be in a Yaletown Condo and glance out the window as the gray city turns gold ...

Consumer Confidence Recovering

Canadian consumer confidence has revived since December to highest level since August, according to a Harris-Decima poll. While the US was officially in recession at that point, it wasn't until September that the current economic turmoil emerged to the front pages of our newspapers with required bailouts an massive corporate failures.

While supply and ...

Income Tax Consequences of Purchasing Real Estate Investment Property at a Loss

With the change of values we have experienced in the Vancouver Real Estate market, especially in Downtown condominium projects; many people who have purchased Pre-Sales are now completing their purchases at significantly higher prices than the property would be worth if they were negotiate a deal today. As long ...

Joint Tenancy v. Tenants in Common

When you purchase real estate with more than one person; you can own it jointly, that is as joint tenants; or you can own as tenants in Common. The difference between the two is that with Joint Tenancy; there is a right of survivorship, if one of the owners dies, the remaining owner will become the 100% owner of the property. W ...