BC Lower Mainland Real Estate & Community News

Sept. 9, 2019

Mortgage Insurance with Ela Lange

Ela and "Doc" discuss the differences between Lender Mortgage Insurance and using Term Life Insurance to cover the mortgage.

Sept. 9, 2019

Questions You Asked, with John Charbonneau

Doc and John review 4 of the most common questions Real Estate Buyers have. Mortgage Pre-Approval, Title Searches, Student Investment Properties, and more!

Aug. 20, 2019

New Listing - 20220 Chatwin Avenue, Maple Ridge

My newest listing, 20220 Chatwin Avenue, Maple Ridge

6 bedrooms, 5 bathrooms, a beautiful kitchen, and not to mention an in-ground pool in the backyard...

Don't miss it!

View the listing here!


- "Doc"

Posted in Listings
July 23, 2019

Deposits and Down Payments with Gloria Cooper

Gloria Cooper joins me to speak on the importance of having deposit money and closing money available on subject removal and completion.

July 18, 2019

Purchase Plus Improvements with John Charbonneau

John Charbonneau comes in to talk to P.A. Doc Livingston about purchase plus improvements.

July 15, 2019

First Time Home Buyers Incentive Program with John Charbonneau

John Charbonneau talks about the new federal governments first-time buyers incentive program. Great information!

July 15, 2019

Special Guest Gloria Cooper Visits!

Gloria Cooper (with Dominion Lending Centres First Line Mortgages) came in to discuss how to use home equity to help someone purchase a new home without having to make a payment until the house is sold.

June 12, 2017

Considering Pre-Sale Housing

The Real Estate News world is full of interesting comments these days and the one that seems to stand out is Pre-sale. Pre-sales are homes you are able to purchase before the structures are ready for occupancy. 

A pre-sale home is a wonderful opportunity for a variety of reasons; such as allowing a buyer real flexibility in terms of giving you some breathing room with a much longer than average timespan to sell your existing home or procure the best possible financing, often being able to choose your preferences in design and style while the home is being built, and providing an investment in potential capital appreciation, to name just a few.  These advantages can make home ownership a smoother, less stressful and more attainable process for both the first-time homebuyer and for those already in the market.  With a pre-sale community, you may have access to communal amenities, such as green space, clubhouse, gym or retail stores. 

There is usually a delay from when you purchase your pre-sale home and when you are able to move in, sometimes as long as a few years – that delay may be a factor for you when deciding whether to buy a pre-sale or an existing home.  It’s also worth noting that, as with any new property, HST/GST and PTT is payable when the pre-sale project is completed.  In a strong housing market, you may find that the pre-sale home you purchased is actually worth more when you move in than when you signed the pre-sale contract!  On the other hand, if the market should soften, there is a risk of the opposite scenario occurring, which could have a negative impact. Get the information you need to see if a pre-sale home is in your future!

June 23, 2016

5 Things To Do Before Starting A Home Search

Home Search.jpg

Are you spending all your spare time with online home searches?  You may feel ready to move in tomorrow to the home you just found online.  To make purchasing a home easier, here are a few steps you could do BEFORE you start your search.  


1. Work On Your Credit Score

Your credit score plays a major part when buying a home. Your score can affect your chances of getting a competitive loan. Find out what your credit score is and correct any mistakes that may be on it. 



Home buying can be an expensive experience. From the down payment to a home inspection to lawyer/notary fees, and any other immediate repairs.  The more you save, the less you have to take out in a loan.  Create a budget or talk to your financial adviser to help put you on a path to saving money.


3. Get Pre-approved

Getting pre-approved for a mortgage will let you know exactly how much you can spend on your new home. You need a written statement from your bank with the amount that you are approved to.  By doing this you won't be wasting your time looking at homes you can't afford. 


4. Figure Out Where You Want To Live

Choosing an area to live in can be hard.  Ask yourself where you see yourself and what type of neighborhood that looks like. Make a list of the ideal community you would want to live in and what it has. Are there good schools?  What is your current neighborhood lacking? 


5. Make A List Of Your Dream Home

Make a list with all your dreams and wants for a new home. Do you want a big backyard? Do you need 3 bathrooms or 4 bedrooms?  Make sure your NEEDS and WANTS are within your budget.  By listing our and prioritizing these items into two different lists (wants and needs), you will have an easier time keeping what's truly important to you in your home search.

Posted in Buying a Home
June 14, 2016

New Home Development in Vancouver Gets Steeper!

New row of townhouses with garages

The new housing price index for Metro Vancouver saw another annual rise in April, the increase was nowhere close to the leaps in the resale market.  Month over month, new home prices in Vancouver rose 0.2 percent above March 2016.

Across BC, new housing prices in April were up 3.8 percent year over year.  The BC price index also rose 0.3 percent month over month, more than even Vancouver's.

Victoria's CMA's new home price index in April was up 1.3 percent compared with last year.  It was also up 0.8 percent over March 2016.  Canada's overall new home price index rose a steady 2.1 percent year over year in April.  

Changes in new home prices often do not mirror those seen in the resale market, as the price paid for a new home is only measured when the transaction is completed and registered with the Land Registry, rather than when the home is originally purchased off-plan. Because of long lead times on home construction, new home prices registered today are often those homes sold many months or even years ago – whereas MLS® resale home prices are much more up to date.

This could mean that the new home price index in the Vancouver and Victoria CMAs can be expected to surge much further over the coming months and years as they catch up with today’s market and land prices.

Check out the full article from REW.ca


Posted in Real Estate News