How Government Policies Impact Real Estate Prices in Canada and the USA
Posted on Oct 31, 2024
Government policies play a significant role in shaping real estate markets, with regulations, taxes, and incentives directly influencing property prices and affordability. Understanding how policies differ between Canada and the United States can help buyers, sellers, and investors navigate these markets and make informed decisions. Here’s an in-de...How to Live for Free by Investing in Real Estate
Posted on Oct 30, 2024
Imagine having your housing costs covered by your real estate investments. Achieving this might sound far-fetched, but with the right strategy, it’s possible to cover (or nearly cover) your living expenses through smart property investments. Here’s how to live for free by investing in real estate.
1. House Hacking
One of the most popular ways to live...Understanding Closing Costs as a Buyer
Posted on Oct 30, 2024
Buying a home in Victoria, BC, is an exciting process, but beyond the sale price, buyers need to prepare for additional expenses known as
closing costs. These costs cover various fees and charges associated with finalizing the purchase, and understanding them can make your buying process much smoother. Let’s break down the major closing costs you ca...
closing costs. These costs cover various fees and charges associated with finalizing the purchase, and understanding them can make your buying process much smoother. Let’s break down the major closing costs you ca...
Your Guide to Fall Cleaning and Storing Outdoor Furniture Like a Pro!
Posted on Oct 29, 2024
As the leaves start to turn and the temperature dips, it’s time to think about putting away that well-loved patio set for the season. Outdoor furniture takes a beating all summer from sunlight, rain, and everything in between, so giving it a thorough clean before storage is essential. Here’s a simple, step-by-step guide to ensure your outdoor furni...
How to Compete in a Bidding War Strategically
Posted on Oct 29, 2024
Navigating a bidding war in British Columbia’s competitive real estate market can be a challenging experience. As a buyer, you want to make your offer appealing without overpaying. While it’s tempting to keep raising your bid to win, a smart approach can improve your chances of success while keeping your budget in check.Here’s how to compete in a b...
What are Special Levies when it comes to Strata?
Posted on Oct 29, 2024
In British Columbia, a special levy is a one-time fee that strata owners are required to pay to cover expenses beyond the routine strata fees. Special levies typically arise when major repairs, upgrades, or unforeseen expenses occur that the strata's contingency reserve fund (CRF) can’t fully cover. Common examples include roof replacement, elevato...