Many complex and critical steps take place behind the scenes when you enter into a real estate transaction and you should always choose to work with a licensed and reputable conveyancing professional. If you are shopping around for the best mortgage and rate, it now makes sense to shop around for the best deal in conveyancing at the same time.
Many rural and remote acreages are being purchased this year and lots of buyers are discovering that they need the professional services of a surveyor to begin the process of securing the land with gating and fencing and to plan out the location of new dwellings and outbuildings. A boundary survey adds value to your title, it allows the title owner to confidently create a land use plan and develop the acreage to add maximum value using the land in the best possible way.
If the provincial government released another 2-3% of Provincial Crown Land into the private saleable holdings we would see an immediate and lasting impact on the real estate market as supply would increase dramatically and prices would stop their continued rise. The uplifting economic benefits of homeownership could continue to grow the economy and the province and its residents would actually benefit as a result instead of being continually penalized for a population growth issue that has been neglected by governing bodies in BC. The released crown parcels could be ear-marked for specific types of qualifying multi-unit and single family affordable housing which could actually be affordable!
Insured mortgages are running at record highs across Canada, meaning that banks are still actively lending and approving residential real estate mortgages. These risk free loans backed by CMHC and the Federal Government are a way to continue to bolster our failing economy and keep Canadians borrowing and spending money.
The exit of the CMBPP leaves long term collateral damages like double digit price growth and widens the wealth inequality gap between renters and asset holders even further. The BOC had a primary directive to stabilize the economy with the Bond Purchasing Program and stated the widening wealth gap is a by-product of this best policy approach.
The competition is getting tough in several regions including 100 Mile House, Williams Lake, Prince George, Fort St. John, Smithers, Terrace, Kitimat, Prince Rupert, Fort Nelson, Mackenzie and Quesnel all saw incredible sales figures and record prices. Great demand and small supply continues to create multiple offers on medium to lower priced housing. Read More>
“Safety in Numbers” has been a long believed group protection theory that gave us comfort. This adage no longer applies to our post Covid existence. Large Groups or gatherings are now to be avoided, so how does one run a Covid compliant accommodation business that remains profitable? The Tourism & Hospitality Industry, which saw record […]
We have spent more time at home, in our houses, condos and apartments in the first five months of 2020 than any other time in history.” Simultaneously around the globe in March, humanity was sent home to stay home. Home has become a workplace, a classroom, a workout studio/gym, a revolving gourmet restaurant, a dance […]