With new mortgage rules, a new harmonized sales tax in some provinces and the possibility of higher interest rates all set to kick in this summer, Canadian home buyers are on a tear and it is only going to get busier leading up to this summer, according to the Re/Max Market Trends Report 2010 released Wednesday.
The report, which examined real estate trends in 16 markets across the country, found ...
Posted by Sanjin Cvetkovic
on February 26, 2010
Vancouver Realtor Anna Labadze 604.782.3552 www.dreamrealestate.ca
The amount of tax due depends on the fair market value of the property that is transferred:
If the fair market value is $200,000 or less, the tax is 1% of the fair market value
If the fair market value is greater than $200,000, the tax is 1% of the fair market value up to $200,000, plus 2% on the portion ...
Posted by Anna Labadze
on February 26, 2010
Vancouver Realtor Anna Labadze 604.782.3552 www.dreamrealestate.ca
The amount of tax due depends on the fair market value of the property that is transferred:
If the fair market value is $200,000 or less, the tax is 1% of the fair market value
If the fair market value is greater than $200,000, the tax is 1% of the fair market value up to $200,000, plus 2% on the portion ...
Posted by Anna Labadze
on February 26, 2010
I found the following, interesting view on Vancouver's current real estate market, written by respected analyst, Garth Turner, titled Narcotized. To view Garth's original BLOG
For the past five years Canadians have has a front-row seat to one of history’s greatest destructions of wealth. Trillions have been lost as the value of middle-class Americans’ homes plunged.
It’s not ...
Posted by Shaun Kimmins
on February 26, 2010
I am excited to announce my new listing! This top floor suite is brand new! Located on the corner of Columbia and Begbie St at the new Interurban building. The Interurban built by BALLENAS Project Management offers high end finishings and a stylish atmosphere. Stunning Granite counter tops, large format porcelain tiles in the kitchen, Whirlpool appliances and European cabinetry are just some of the ...
Posted by Yoni Gabay
on February 25, 2010
Freshly staged townhouse at 2848 Watson street by "Fluff". Thanks for a great job! Feel free to check out the transformation of this cool townhouse saturday, feb. 27th, 2 - 4 pm. Open House.
http://www.century21.ca/property/BC/V5T_3H3/Vancouver/WATSON_ST/2848_1
Posted by Bruce Gibson
on February 23, 2010
On Tuesday the 16th, I had the pleasure of experiencing an Olympic event live. It was the women's hockey game between USA and Russia held at UBC Thunderbird Arena. I was happy to see a nice mix of fans from the US, Russia, Canada, etc. Unfortunately, with Canada and USA being so dominant in the sport, it makes for very little drama in games that ...
Posted by Dan Zlindra
on February 19, 2010
Mortage Update brought to you by Anna Labadze www.dreamrealestate.ca 604.782.3552
The Vancouver real estate market remained strong with many people making the decision to buy during the normally slower time. In addition to the many people who are thinking of buying. We are seeing more of our variable rate clients starting the process to lock in an interest rate. On the interest rate side ...
Posted by Anna Labadze
on February 19, 2010
Mortage Update brought to you by Anna Labadze www.dreamrealestate.ca 604.782.3552
The Vancouver real estate market remained strong with many people making the decision to buy during the normally slower time. In addition to the many people who are thinking of buying. We are seeing more of our variable rate clients starting the process to lock in an interest rate. On the interest rate side ...
Posted by Anna Labadze
on February 19, 2010
Anna Labadze Vancouver Realtor Century 21 In Town Realty 604.782.3552
Mortgages for non-residents
Financing is available for up to 65% of the purchase price of the property and some lenders will offer their best discounted interest rates to non-resident purchasers.
Mortgages in Canada generally have up to 35 year amortization periods and most institutions will guarantee an interest rate for ...
Posted by Anna Labadze
on February 19, 2010