Tax on Properties

Tax on Properties

When you are buying a property you are responsible for pay Property Transfer Tax, the tax rate varies. FOREIGN BUYERS TAX UPDATED REAL ESTATE COUNCIL OF B.C. OFFICE OF THE SUPERINTENDENT OF REAL ESTATE ULTIMATE COLLECTION FOREIGN BUYER TAX This now applies to FOREIGN BUYERS * An additional property transfer tax applies to residential property…

Seniors and Boomers on the MOVE

Seniors and Boomers on the MOVE

The number of older people is increasing rapidly, in next 20 years the senior (65+) population is expected to double from nearly 250,000 to 520,000 in 2034 in Greater Vancouver Area. We need affordable housing, more medical care for aging population. If you are looking to make the change, please contact us for all your real estate needs.
There are unlimited possibilities for you, what do you need?

What is your budget
Which Area
What type of facilities, nearby
How many levels you can handle
How many bedrooms
How many bathrooms
Transportation

We have it all covered, just call at 604-992-7253, senior’s specialist!

The contract of Purchase and Sale are about 7 pages, it use to be 1 before. Subjects, do not be afraid of them, we deal with them on daily basis, if you live in a strata property it becomes complex, you will need professional help.
BC uses a Torrens System, modeled after the ship registry system devised by Robert Torrens, a purchaser does not have to search back through each previous transfer. The purchaser can rely on whatever name shows on the Land Title Registry. The title to the property will reflect complete and accurate of all the current facts of the title, ie all outstanding registered interests in land, such as mortgages, caveats, easements and builder’s liens. The purchaser does not need to worry about any past transactions with the property and the current owner is the valid owner of the property. There is a title insurance to ensure that the land title registry guarantees the accuracy of every title to land, the insurance will compensate should there be an error by the Land Title Registry.
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Suncreek Estates 13316 71B

Suncreek Estates 13316 71B

Suncreek Estates – 13316 71B, owned by West Sea Construction – Leased until 2092. 13316 71B Avenue, Surrey, BC, located near 72 and King George, south of 72, close to MacDonald’s The construction was done in 1981 at Sun creek, multi-building complex. It is a leasehold, 92 year lease is still available, the strata fee…

For Seniors-Housing

For Seniors-Housing

Canada’s estimated population was 35,851,800 in 2015, the most populated provinces: Ontario, Quebec, British Columbia and Alberta. We have more persons aged 65 years and older than children aged 0-14 years, we have 5,780,900 Canadian are over 65 years old (2015). The Baby boomers accelerate Canada’s population aging, however we are younger than most G7…

Ready To Buy

Ready To Buy

BUYERS MONTHLY HOUSEHOLD BUDGET Creating a Budget for Your Family                       If you find yourself falling behind on your monthly payments, then it’s time to start learning some of the basics of creating a budget.  The first rule of thumb for a financially sound home is simply this: Household Income must be greater than Household Expenses…

Real Estate Investments

Real Estate Investments

Why rental income properties make a sound investment? Call Surrey’s best realtor Sara Sharma for buying your property Mortgage Solutions for Investors There are a number of reasons of why real estate and rental income properties specifically make a good investment, but here are few basic reasons: i) You are leveraging and using Other People’s…

Glossary

Glossary

REAL ESTATE TERMS AMORTIZATION – The number of years it takes to repay the entire amount of a mortgage. APPRAISAL – An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. APPRECIATION – The increase of a property’s value over time. ASSESSMENT – The value of a property,…

Using Mortgage Professional

Using Mortgage Professional

Mortgage Professional There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, trust companies, and financial…