We are returning to the GST from HST, more info on how it applys to Real Estate

We are returning to the GST from HST, more info on how it applys to Real Estate

As of April 1, 2013, the HST (Harmonized Sales Tax will be replaced with our old GST and PST.

 

Here is a great visual aid to show you how it affects us in Real Estate transactions and when HST applies and when the GST applies in sales.

This is great information from the BCREA, they have furthermore developed a great website which includes calculators and other helpful information to walk you through the transaction from HST to GST & PST. www.bcrea.bc.ca/government-relations/hst-pst-resources.

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Year of the Snake kicks off.. Happy New Year everyone who is celebrating

I am told that year of the snake is expected to be a very prosperous period for us West Coasters. Feng Shui expert, Marlyna Los states that Vancouver's close proximity to the oceans and its prime spots nestled next to the mountains should provide for a more calmer energy than last year.

Sounds great to me! Enjoy the rest of your family day long-weekend.

Roland

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Fun Friday Foto... Have a great BC Day long weekend everyone

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Quick Fact

(January 2013)...Year-to-date, BC residential sales dollar volume declined 18.2 per cent to $31.1 billion, compared to the same period last year. Residential unit sales declined 10.5 per cent to 59,946 units, while the average MLS® residential price was 8.6 per cent lower at $518,321.

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IT'S OFFICIAL!.... In 2012 I was ranked #178 on the Vancouver MLS Medallion System

 In 2012, I finished the year ranked in the 178th position on the MLS Vancouver Medallion Ranking, based on transaction volume.

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Testimonial from Happy, Happy Buyer Clients

As first time buyers and not being from Canada, Roland made the process smooth and very un-scary! From the get go when he arrived to meet with us we felt reassured we were in the right hands. Roland listened to what we were looking for, and asked insightful questions to help us focus on our "must haves". The binder he gave us was amazing with lots of useful information for both during and afterwards.

Having the MLS sent to us that were in our range and also having two different lists (we were considering two different areas), was great as it quickly gave us the information and showed us if the apartments met our "must haves" Roland was also very patient with the constant listings I would send to him! Especially when they didn't fit our own requirements :-)

He is efficient and conscious of your time, he never took us to see apartments that weren't viable for us, and the treats in the car were always a bonus! Once we had our apartment secured, Roland's help didn't stop there. The referrals he gave us for lawyers and movers were great and he checked in with us regularly to make sure we were doing OK.

We would whole heartily recommend Roland, whether you're a first timer buyer or a seasoned seller! If we ever decide to move or even buy a second home Roland will be who we will call.

 

Matt & Tamsin

 

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Priced to sell, it was listed in 2011 as high as $349,900. Now priced sharply at $299,900 it will sell.

PRICED TO SELL!

I know we hear this a lot but this great, top floor, courner apartment with 700sqft was listed in 2011 as high as $349,900. Now priced sharply at $299,900 it will sell.

The only questions left is to who will it sell and for how much?

This apartment is in the trendy neighbourhood of Mount Pleasant near Commercial Drive area with easy access to Downtown Vancouver via Skytrain (VCC and Broadway stations). It is a spacious south-east facing, 1 bedroom, corner apartment on the top floor with great views of China Creek Park. In addition to skytain, the Broadway and UBC Express buses are nearby. This Apartment is on the quiet side of the building. It includes in-suite European laundry, underground parking, a newly renovated front lobby, new exterior paint, new energy-efficient windows, new energy-efficient gas fireplace (gas is included in the strata fees), new light fixtures and a large locker. The living room is spacious enough for house-sized furniture.

Roland Kym

2012 & 2011 Medallion Club  Member ~ Re/max Executive Club & 100% Club Member

Remax Select  Properties

Cell : 604 970-0393

 

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Following are some interesting side-by-side comparisons for 2012 vrs 2011, comparing the:

Listing Comparisons for 2012 from the Real Estate Board for Vancouver.pdf Download this file

Number of sold’s; Number of New Listings; Total Inventory Numbers; Number of Expired’s

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Recently sold this large 1 bedroom on West 11th ave

This is a fantastic, quiet corner end unit with a huge patio and lush garden like a townhouse, very well kept building with proactive strata management. The spacious floor plan allows for full size dining table with 6 chairs, full set of big size sofa, large master bedroom with WI closet and cheater ensuite. Updated kitchen with newer stainless steel appliances. Great location close to Granville shopping, cafes and restaurants. 1 parking, storage locker and bicycle room.

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Home Owner Grant Quick Facts:

Quick Facts: 

•  The Home Owner Grant program began in 1957.
• The Province provides the equivalent amount of the full Home Owner Grant to seniors whose homes are valued above the threshold but how have low incomes. The program is called the Low Income Grant Supplement and seniors must apply for it.
•  In 2009 and 2010, the grant threshold was set at $1.05 million.
• The grant is not provided automatically. Home owners must apply every year.
• The grant is available to Canadian citizens and to landed immigrants who normally reside in B.C.

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