It is not uncommon for clients to be away at the time they are closing a real estate transaction. In this situation there are a few options to ensure the transaction closes on time, one of them being the use of a Power of Attorney.
Legislation relating to the use of Power of Attorney’s was passed effective September 1, 2011. The changes were mostly to the form of the Power of Attorney, and do not substantially change the use of a Power of Attorney for real estate. Below is a discussion on how to use a Power of Attorney to sell, refinance or purchase a property.
In all of these situations we are assuming there are no trust issues between the person giving the Power of Attorney (the "Adult") and the person who is allowed to sign pursuant to the Power of Attorney (the "Attorney"), and all parties are acting...
Typical ‘pre‐spring’ surge in home sales & new listings keeps market steady.
SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) recorded 1,269 sales in February, an increase of 59 per cent compared to January and a 1 per cent decrease compared to the 1,279 sales during February of last year.
In terms of new listings, the Board received 2,846 in February, an increase of 3 per cent compared to January and a 6 per cent decrease compared to the 3,038 listings received last February, taking the total number of active listings to 9,037, an increase of 4 per cent compared to those available in February 2011.
As Board President Scott Olson explains, a seasonal increase in sales is typical for February; however this increase was not as robust as in years past. February’s sales finished at 4 per cent fewer than the 10‐year average...
Closer alignment between home buyer and seller activity helped bring greater balance to the Greater Vancouver housing market in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,545 on the MLS® system in February 2012. This represents a 61.4 per cent increase compared to the 1,577 sales recorded in January 2012, a decline of 17.8 per cent compared to the 3,097 sales in February 2011 and a 2.9 per cent increase from the 2,473 home sales in February 2010.
February sales in Greater Vancouver were the third lowest February total in the region since 2002, though only 151 sales below the 10-year average.
“With a sales-to-active-listings ratio of over 18 per cent, we see fairly balanced conditions in our marketplace as we move into the traditionally busier spring season,”...
2012 kicks off with new home price measurement; and, a sluggish start to sales.
SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 799 sales in January, a decrease of 4 per cent compared to the 834 sales in January last year and 10 per cent fewer than were processed in December. In the last decade, January 2012 was second only to 2009 for lowest volume.
On the flip side, compared to other starts during the last 10 years, the Board received one of its highest influxes of new listings for January – 2,753 – 5 per cent more than January 2011 and 143 per cent more than December the month before. The increase in new inventory raised the volume of active properties in Fraser Valley to 8,320 by the end of January.
Sukh Sidhu is the Board’s president. “For spring house hunters this is great news. For buying power...
Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market.
Greater Vancouver home sellers were more active than buyers in January and overall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stability and less fluctuation compared to the beginning of 2011.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,577 on the Multiple Listing Service® (MLS®) in January 2012. This represents a 4.9 per cent decrease compared to the 1,658 sales recorded in December 2011, a decrease of 13.3 per cent compared to the 1,819 sales in January 2011 and an 18 per cent decline from the 1,923 home sales in January 2010.
January sales in Greater Vancouver were the second lowest January total in the region since 2002, though only 146 sales below...
Very sought after area of North Delta. This 5 bedroom home has 3 bedrooms up & 2 bedroom + den basement SUITE down. Located on a quiet cul-de-sac with a 6141 sq ft lot. Features include: AIR CONDITIONING, Double Windows, 2 Fireplaces, Central Vacuum & Single Garage. Extra large master bdrm has an ensuite bathroom with an oversized shower. Bsmt suite has a SEPARATE entry, washer/dryer/dishwasher/gas fireplace & separate alarm. Roof with warranty is 8 years old, Furnace & A/C is 7 years & the electrical is updated. Large covered deck off the kitchen overlooking a fully fenced south facing backyard. Current owners have lived here for more than 25 years. Easy access to Alex Fraser Bridge, parks, schools & shopping.
We are proud to announce that this Nov 5th, 12:00 PM to 12:00 PM we will be hosting an Open House at 2983 CAMBRIDGE Street in the Glenwood PQ neighborhood, Port Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Glenwood PQ.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Glenwood PQ Condo for sale.
As always please do not hesitate to give me a call at 604-626-6066 if I can answer any questions before the open house, or if you would like to book a private showing.
Corner Unit at Cambridge Gardens! This lovely, large and bright 2 Bedroom, 2 Bath, 2 Patio home has the best open floor plan! Welcoming entrance with 2 closets and storage. Huge kitchen with new stainless appliances, updated tile and hard ware and loads of counter/cupboard space. Separate living and dining room big enough for ALL your friends and family. Perfect master bedroom with full ensuite, large walk-in closet and 2nd patio. Newer in-suite front-loading washer and dryer, recent hot water rank, updated light fixtures and laminate flooring. Secure underground parking and storage locker as well. Great central location on quiet side of building, walking distance to everything. Solid building, 3 yr roof and proactive council!
One of a kind 3 bedroom home located on a quiet street with almost double the lot size as the neighbouring properties. This 2 story home has its very own backyard as greenspace, situated on a large, private 7357 sq ft lot. Kitchen features all NEW appliances (stove, hood fan, fridge, dishwasher), GRANITE countertops, shaker style cabinets & a breakfast bar/island. Upgrades include: double windows, double doors & light fixtures. Warm & neutral paint throughout with plenty of natural light. Wide panel walnut laminate flooring on the main & new carpets up. Short walk to: Willowbrook Mall, transit, parks & Latimer Elementary. Why rent or pay strata fees when you can own a home? Call today to view.
Legal four-plex in Langley City - half block from school, shopping, everything close-by. Growing area - solid investment. Mini apartment building. 3-3 bedroom units and 1-2 bedroom units that have been well maintained. New paint and flooring in common areas, as well as in suite renovations recently done. 2 yr old roof with 25 yr warranty, boiler 2 yrs old, and furnace replaced last year. Gross rental revenue is $3590/mth from long term tenants, plus $60 net from coin-operated laundry. Measurements taken from plans pls verify.
Super stylish, 2 level loft style townhome at TANDEM. This 1 bedroom, 2 bathroom is open concept living at its best complete with your own front door and separate master bedroom suite upstairs with full ensuite! Soari ng 16ft ceilings & windows allow loads of natural light. You'll get all the extras with this one -- fresh paint, hardwood & tile, granite, stainless appliances, cozy fireplace, two MASSIVE patios/decks, parking and storage locker. Low strata fee includes the superb amenities -- gym, hot tub, sauna, steamroom, games room, lounge and rooftop park with playground. Fantastic convenient location -- steps to Starbucks & Gilmore skytrain station and easy access to Hwy 1. Concrete construction too!
"Ironwood" neighbourhood of Morgan Creek. This custom Tuscan style home has all the upgrades you can imgaine with an outdoor living space unlike anything you've ever seen. Fully finished 4896 SF on 3 levels w/2 master bdrms (1 on the main).Vaulted ceiling in Fam Rm, hand carved travertine fireplace in the living rm. Gourmet kitchen features: granite countertops, gas stove, convectional ovens, wet bar & butler room. Entertaining size dining room w/accent lighting & inset ceiling, will fit oversized furniture. Bsmt has separate entry, 2 bdrms, office, deluxe home theater w/surround sound. A large 6276 SF CORNER lot w/beautiful landscaping, an outstanding covered patio, outdoor fireplace & hand carved pizza oven. Call to view.
This beautiful open concept one bedroom home in problem-free "Summerlin" on the lower slopes of Westwood Plateau looks and feels brand new. It has an awesome kitchen with stainless appliances, gas stove and a massive, private patio that' s perfect for entertaining or romantic summer dining. Other key features include a huge walk-in closet, fireplace, 9ft ceilings, parking and storage. Low strata fees also include the fantastic Cascade Club - Outdoor Pool, Hot Tub & BBQ Patio, Pool Table, Fitness Facility and Resident Concierge. Walking distance to Coquitlam Centre Mall, the West Coast Express and Douglas College. Pets are allowed too! Don't miss your opportunity to move into a "like new" home without paying the HST!
We are proud to announce that this Jul 23rd, 2:00 PM to 4:00 PM we will be hosting an Open House at 2969 Whisper Way in SUMMERLIN in the Westwood Plateau neighborhood, Coquitlam. This is an opportunity to visit this excellent Condo for sale in beautiful Westwood Plateau.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Westwood Plateau Condo for sale.
As always please do not hesitate to give me a call at 604-626-6066 if I can answer any questions before the open house, or if you would like to book a private showing.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.