Mold Management for Homes: Detection, Prevention & Remediation
Posted on Aug 30, 2024
What to do with a hidden Underground Oil Tank on Your Property
Posted on Aug 30, 2024
The Dangers of Asbestos in Homes
Posted on Aug 30, 2024
Asbestos was once a widely used building material, valued for its durability, heat resistance, and insulating properties. However, it is now recognized as a significant health hazard, linked to serious illnesses such as lung cancer, asbestosis, and mesothelioma. In Victoria, BC, many older homes may still contain asbestos in various forms, posing p...
Understanding Latent Defects in a Home
Posted on Aug 30, 2024
When buying or selling a home, it’s essential to understand the concept of latent defects. These are hidden flaws or issues within a property that are not immediately apparent and may not be discovered during a standard home inspection. In Victoria, BC, the responsibility to disclose latent defects is crucial, and failure to do so can lead to signi...
What a Foreign Buyer Needs to Do Before Buying a Home in Victoria, BC
Posted on Aug 20, 2024 in Foreign Buyers
What are the Legal Requirements for Foreigners Purchasing a Home in Victoria?
One of the most important aspects for foreign buyers to understand is the legal framework governing property purchases in British Columbia.- Citizenship and Residency Status:
- Do You Need to Be a Canadian Citizen or Permanent Resident? No, you do not need to be a Canadian citi...
The Canadian Real Estate - Glossary of Terms
Posted on Aug 20, 2024 in Contracts in Real Estate
A
- Absorption Rate: The rate at which homes in a particular area are sold over a specific period, often used to determine the pace of the market.
- Adjustable-Rate Mortgage (ARM): A mortgage with an interest rate that changes periodically based on market conditions, also known as a variable-rate mortgage in Canada.
- Amortization Period: The length of time...