Tim Wray | RE/MAX Crest Realty, Vancouver

Here are seven strata terms you should know

Posted on Apr 26, 2021 in Buying Your Home

One third of BC residents live in a strata home, whether it’s a condo, townhouse, or multi-plex unit.

Strata homes are usually more affordable than their single-family counterparts. They can also lessen the burdens of home ownership, with strata residents sharing responsibilities for things like maintenance, snow shoveling, and security. And while t...

What are the buying costs of a home?

Posted on Jan 12, 2021 in Buying Your Home

If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.

Mortgage application
Lenders may charge a mortgage application fee, which will vary depending on the lending institution.

Mortgage insurance
The federal government requires high-ratio mortgages with less than 20...

BC's Land Owner Transparency Registry now in force: what you need to know

Posted on Dec 17, 2020 in Buying Your Home

BC's new Land Owner Transparency Act (LOTA) came into force on November 30, 2020.

For transactions set to close on November 30 or later, when the title change is registered in the land titles office, the transferee must file a transparency declaration disclosing interest holders.

This declaration records indirect ownership of interests in land such a...

Real Estate Terms: Home Buyer's Glossary

Posted on Jul 03, 2020 in Buying Your Home

Buying a home is a huge commitment and one of the biggest financial investments you’ll ever make. If you’ve never done this before, you can expect to get hit with a barrage of real estate terms and jargon that might leave your head spinning.

At all times, we guide you through the process, but for the keeners who want to hit the books before you hit...

4 Perks of Owning a Home

Posted on Jul 03, 2020 in Buying Your Home

If quarantine has taught us anything, it’s that home is important.

Achieving the title of “homeowner” is an accomplishment worthy of celebration! After all, purchasing a home is likely the largest financial transaction most people make in their lifetime, and there are many benefits to owning a safe space to call home.

In honor of National Homeownersh...

The Live Work Home: Making it “work”

Posted on Mar 25, 2020 in Buying Your Home

With the rise of remote professions and the ensuing popularity of the “live work space,” homebuyers have a new set of expectations - and challenges - when shopping the market. The home has to be convenient, connected, and have a “cool” factor to impress and inspire. A live work space has to be large enough to accommodate this dual purpose, and orga...

View Older Posts