January 2009

Property Transfer Tax

by Maggie Chandler January 6, 2009

British Columbia’s property transfer tax is a land registration tax payable when an application is made at any Land Title Office in BC to register changes to a certificate title. Introduced in 1996.

If you are a first time buyer you may be eligible for an exemption from the property transfer tax if the fair market …

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What the Analysts say about Vancouver Real Estate for 2009

by Maggie Chandler January 5, 2009

Scotiabank’s senior economist Adrienne Warren says Canadian real estate prices will drop 10-15% nationally, with B.C., Alberta and Saskatchewan taking the brunt of the downturn., much of the runup in prices seen this decade will remain in tact.

Canadian Association of Accredited Mortgage Professionals (CAAMP) report agrees with Warren that BC will suffer disproportionately in the …

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Bill Reid -Master of Haida Art

by Maggie Chandler January 3, 2009

Bill Reid (1920-1998) the renowned Master of Haida Art is being featured at Vancouver’s newest public art gallery, devoted to Northwest Coastal Art, at 639 Hornby Street.

His monumental works, his gold and silver jewellery, many on display for the first time. Find distinctive gifts in the Kil Sli Native Gift Shop

Highlights of the exhibition include:

Bill …

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Comparing Past Values for Vancouver Real Estate Downtown

by Maggie Chandler January 2, 2009

Let’s take a look at some condos in Vancouver’s Downtown and compare their current value to what their value was in recent years.

This month I found a sale in a 2 year old building on Seymour Street, 710 sq.ft. l bedroom which sold for $350,000. It sold in March 2007 for $370,000 . It registered …

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HAPPY NEW YEAR!

by Maggie Chandler January 1, 2009

Wishing you and yours a happy, healthy and safe New Year….and a prosperous one too!

This from Wiki

This article is about the date January 1in the Gregorian calendar. For other uses, see New Year’s Day (New Year’s Day is the first day of the year. On the modern Gregorian calendar, it is …

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Honest Answers to Property Disclosure Statement

by Maggie Chandler January 1, 2009 Common Questions

Edward L. Wilson of Lawson Lundell wrote this article for BCREA regarding the full and honest answers to the property disclosure statement that sellers must complete when selling a property in British Columbia.

In a recent Ontario decision the Court considered the Ontario Seller Property Information Statement (SPIS). As a result of ice build up a …

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