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New Kelowna Listings - October 18, 2007

October 19th, 2007
New Kelowna listings for October 18, 2007 
#205 - 5085     Snowbird Way        $365,000
#109 - 5030    Snowbird Way         $215,000
371    Poonian St                          $442,500
2574    Copper Ridge Dr.               $589,900
...

Pre-Sale Precautions

October 19th, 2007
Pre-Sale Precautions

 

“Pre-sale contracts” involve units that are sold before construction is complete – in many cases, before construction even begins. The Real Estate Development Marketing Act requires that a Disclosure Statement be filed with the Office of the Superintendent of Real Estate before marketing begins.

 

What to watch for:

 

On August 1, 2007 the Office of th ...

216-2007 Nordic Drive

April 4th, 2007

I just listed 216-2007 Nordic Drive. This unit is priced to sell. It is a 2 bedroom condo, 1 bathroom, kitchen, living room dining room, new appliances, freash paint, 2 patios, 2 parking places, shared laundry and a storage locker.

 

It is listed for $334,500 and is priced to sell! This is a great value. This condo has the potential to be rented out to cover it's entire mortgage. It is ...

Mortgages

March 31st, 2007
For a Mortgage you will need:
*Full-time employment or stable income
*proof of income
*good credit rating
*verifiable down payment

For a down payment you can use:
*RRSP (Registered Retirement Savings Plan) up to $20,000
*A gift from your immediate family
*accumulated savings

Costs Involved with obtaining a mortgage:
*Legal costs (between $600 - $1,000)
*Insurance on ...

Property Transfer Tax (PTT)

February 10th, 2007

A property transfer tax (PTT) is a provincial government tax which applies on all transfers of Real Estate and is payable on the completion date. The rate of tax is one per cent (1%) on the first $2000,000.00 of the pruchase price and two per cent (2%) on the balance of the purchase price over $200,000.00

Whistler Westin Resort and Spa

February 10th, 2007

The Whistler Westin Resort and Spa is located in the heart of Whistler Village on Whistler Way. It is located on the side on Whistler Mountain. You can walk out the front doors and stand on the mountain. The Whistler Gondola is only a few yards away. P)roperties in the Whistler Westin Resort and Spa are going for an average of $385,000 for studio rooms. There are zones Phase II, which means t ...

Lakecrest Whistler on Alta Lake

February 10th, 2007

Lakecrest Whistler at Alta Lake has lots starting at $1,095,000. They are located on Alta Lake and have a private boat house and dock, secluded beach, underground services and is only minutes to the Village and Creekside.

 

 

Cottage Retirement

October 9th, 2006

Cottage Retirement

Many Canadians find that after living and working many years in the city, they crave a simpler lifestyle in their retirement. This view has led to the increasing popularity of the "retirement cottage".

Cottages once enjoyed only in the summer are now being converted to year-round homes. But what should you look for when determining whether your cottage will make a suitable y ...

But I can't afford to buy

October 9th, 2006

"But I can't afford to buy...."

Many people would like to start building equity in their own home, but are held back by concerns about cost. In fact, the Canada Mortgage & Housing Corporation estimates that 40 per cent of renters in Canada today can afford to buy their own home.

If affordable housing options are available to nearly half of all renters, what's holding them back?
Sometimes the me ...

Benefits of Owning a Home

October 9th, 2006

Costs and Value Benefits of Owning a Home

There is no doubt that one of the more pleasant and exciting times for most people is when they have decided to buy a home. This excitement exists whether or not you are buying for the first time or the fourteenth time.

There is no doubt that the experienced home buyer has a relatively good idea as to what it costs to buy a home today. However if it ha ...

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