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How To Calculate Property Transfer Tax in Vancouver

March 18, 2012

Filed under: Vancouver — Richard Morrison @ 12:36 pm

If you are purchasing a home in Vancouver, Canada, you will have to pay for a Property Tax Transfer or PTT. Amount of payment will basically depend on the property’s fair market value. One thing you should know about PTT is that it is not the same as property tax. A property tax is something that you will need to pay for on a yearly basis for all the property services that you may have received from the local government […]

Why hire a Buyer’s Agent When Buying Real Estate in Vancouver

March 17, 2012

Filed under: Vancouver — Richard Morrison @ 6:06 pm

If you are looking for properties to buy in Vancouver, you may ask, why is it advantageous to use buyer’s agent in Vancouver? Its free! You do not have to pay anything for the service. The seller will pay your agent when the transaction closes. Apart from this, there are many other advantages of using the services of a buyer’s agent when purchasing in Vancouver. One is that you will not have to waste time as you look for properties. […]

It’s a sad story: Vancouver Playhouse Theatre Company closes

Filed under: Comic Relief,Vancouver — Richard Morrison @ 5:58 pm

What is the Playhouse Theatre Company? It is one of Vancouver’s old and highly esteemed theatre companies. Among Canada’s oldest fifteen big regional theatre companies, the Playhouse is one. The Playhouse had staged performances for the last 49 years in Vancouver’s west downtown. Its 50th anniversary was to be celebrated this year. Why did it shut down? It has planned to shut down due to acute financial crisis. Their final performance was on last Saturday. Who made the announcement? The […]

Vancouver cyber crime on the rise – Know how to protect yourself

Filed under: Vancouver — Richard Morrison @ 5:43 pm

Vancouver is an upwardly mobile city in Canada. Recent statistics for 2012 shows that Vancouver is on the top 10 list of Canada‘s riskiest cities for cyber crime. It actually placed third this year, just under Port Coquitlam, British Columbia at number two and Burlington, Ontario in the number one slot. It is nice to see that Vancouver was even able to move up a notch from fourth place in 2010. The statistical research combined new sets of variable when […]

Is there a lot of speculation in Vancouver Real Estate for 2012, or is it all hype?

Filed under: Real Estate Market — Richard Morrison @ 5:31 pm

The real estate property market in Vancouver, Canada has now gone haywire with the spiraling rise in property values, coupled with the onslaught of foreign buyers lapping up real properties in several key areas. Property prices are now sy its highest levels, and is expected to climb up some more in the next few years. Now, is there a lot of speculation in Vancouver real estate market in 2012? It has been said that this excessive speculation now happening in […]

The West Vancouver real estate market in 2012

Filed under: Real Estate Market — Richard Morrison @ 5:16 pm

Last year, there was a prediction that the prices of properties would go down by a considerable percentage. For this reason there are a lot of people waiting for the property market to benefit from the reduced prices. However, despite the possible slow down studies on the West Vancouver real estate market in 2012 reveal that it is quite viable for potential investors because of the value of land and the size of land in this market. No matter how […]

Vancouver Coach homes & Laneway homes: a great way of increasing your living space.

Filed under: Vancouver — Richard Morrison @ 3:30 pm

Due to the current price escalation of real estate, the city of North Vancouver, Canada approves coach houses construction for qualified individuals. Coach houses are also known as granny flats, lane way houses or carriage houses. Small and self-contained this homes share space with a large primary home. If you want comfort for your guests, a mortgage helper or a peaceful space to concentrate on work, a coach home is the perfect solution. Also instead of buying that second condo […]

Affordable ways of update you kitchen – Vancouver real estate

March 16, 2012

Filed under: Comic Relief,Vancouver — Richard Morrison @ 11:03 am

When the thought of getting into your own kitchen scares you, then know that it is time that kitchen had a makeover. Many people think that this activity is not possible due to limited funds but the good news is that with a positive attitude, some creativity and some sweating, one could easily redo his/her kitchen with as little as $1000 or even less, even in Vancouver!. How to improve your kitchen without a huge cost? It is rather clear […]

Tips for Selling your Vancouver home fast and effectively

Filed under: Vancouver — Richard Morrison @ 10:49 am

Like in any other Canadian real estate markets, sales for homes are on the downward trend in the Vancouver homes region. This has been occasioned by hard economic times and falling sales volume. Most homeowners are having to lower their prices and this has led to reluctance from homeowners when it comes to selling their homes. Many of the buyers too are not ready to buy homes in the region due to harsh and changing economic climatic conditions. However, there […]

Property experts say HST delays hurt housing sector – Vancouver real estate annecdotes

February 17, 2012

Filed under: Real Estate Market,Vancouver — Richard Morrison @ 1:15 pm

The industry for new homes in Vancouver is hurting over the absence of transitional rules governing the return of provincial sales tax and the harmonized sales tax was defeated in a referendum on August 26, stated by three property experts of the vancouver Board of Trade on Friday. “We are really choked that we don’t have any transition rules yet and are absolutely amazed that our provincial government – who probably most of you voted for – thought that this […]