Vancouver Home Power Team

Here is a link to a Blog/info page for First Time Home Buyers in 2009 or 2010 regarding claiming the Home Buyer Amount on your Personal Income Tax Return.  The Claim is for $5,000; which works out to a reduction in tax of $750.  Only one spouse can claim it if two of you purchased a property.

If you have any questions about claiming the First Time Home Buyer Amount on your Canadian Personal I ...

11:30 minute video to describe in a step by step way; exactly what the Conveyancing process is for transferring Property in British Columbia. While there are many generalizations; you can see how it works by way of flow chart diagrams and my explanation. This considers both the Buyer’s and Seller’s points of view as they relate to ...the real estate transfer, with a new Mortgage for the Buye ...

Early this week I learned that the Land Title & Survey Authority reached a tentative 3 year collective agreement with the BCGEU.  Thankfully, the threat of job action has passed and any registration of mortgages and real estate transfers will continue without issue. Press release here.

David Watts

On January 18th 2011, the British Columbia Government Employees Union took a strike vote of the unionized staff of the Land Title Survey Authority (Land Title Office).  Strike action was supported by 105 of the 107 votes cast.  While it appears both sides want to continue negotiations; talks had broken down before Christmas.

Wages and vacations are the outstanding issues.

While there is hop ...

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
 

My th ...

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.

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.

 

 

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 reportin ...