The Impact Of The New Tax On Foreign Home Buyers
22 December 2016
In an effort to slow rising housing prices in Vancouver, the Canadian government instituted a 15% tax against foreign buyers. Though this tax was initially intended to help the real estate market, it may actually have had a negative impact. There are a few ways in which the additional 15% transfer tax could potentially be causing further issues.
Foreign Investing Has Been Limited
A 15% tax is very significant. Foreign investors may now feel as though they are not welcomed in Vancouver and may hesitate to buy into projects.
Four Fire Safety Tips For First-Time Homeowners
11 May 2016
When you move into your first home, it's an exciting time but also an opportunity to think about your safety and the safety of the home itself. You already likely know about testing your smoke alarms, changing the batteries periodically and keeping a working fire extinguisher in the home. What you might not yet have thought about, however, is how you can reduce the likelihood of encountering a variety of other fire risks.
4 Tips For Buying Your First Townhome
11 August 2015
If you are a first-time homebuyer, you might be considering a townhome. This is a home that looks and feels like a house inside, but has at least one shared wall, similar to apartments and condos. Townhomes are great because they are less expensive, but provide many of the same amenities as single family houses. Here are some tips for buying your first townhome.
One good way to start house shopping is to first visit your bank or credit union and get pre-approved.
Four Landscaping Maintenance Issues Property Management Companies Help You Avoid
14 July 2015
Are you worried about the landscaping and maintenance of your building? Property management companies are the best and easiest way to ensure that any property, either residential or commercial, is properly maintained for both the benefit of the owners and the tenants. One unique advantage to a property management company is that they often provide landscape maintenance services -- which can be quite costly.
1. Liability Problems
Liability issues can crop up any time an exterior is improperly maintained.