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Real Estate Blog

What Are the Most Important Things to Do Before Buying A House?

 1. Know your credit score.

2. Have a lender pre-approve you before shopping.

3. Shop the lender.

4. Know every expense.

5. Know what you want.

6. Work with a skilled Realtor that knows your area.

7. Understand the actual value of any property you are buying.

8. Buy what you are comfortable paying for.

9. Verify all information in the listing.

10. Try to see yourself in the home.

11. Use a reputable home inspector.

12. Make sure all renovations are up to code.

13. Be sure you understand any Strata that you will be part of.

14. Look for any water-related problems.

15. Have a professional look for the presence of asbestos, mold, and radon.

16.

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1. How Many Times Will You Frequent the Place?

When choosing a place, make sure you want to return to it for vacations so that you are able to get your money’s worth rather than simply letting it stay locked and unoccupied.

 2. Keep an Eye On Your Budget

Under no circumstance should you go overboard with your finances. When calculating the cost of a home, consider the percentage of down payment, the monthly amount you will have to pay on the mortgage, insurance as well as the charges for the home’s upkeep that you will have to spend on. Be sure to understand, the entire cost involved and decide accordingly.

 3. Spend A Little Time There

Once you make a decision on buying a vacation home, you don’t really have the option to change the

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Kelowna’s new future Skyline…..

You can’t create new land, but you can create new real estate by going up. Kelowna will get a total of 404 new homes when the 36-and 29 storey towers of the one Water Street development are complete.

Now is the optimal time to buy and flip real estate. I think we are still in the beginning of a boom, definitely not at the end yet. There is a beginning of a boom-the middle-and the end.

In 2017, the labour market throughout the Central Okanagan grew significantly. While B.C.'s rate of employment was up as a whole by 4%, Kelowna's rate of employment grew by 10%.

The majority of Kelowna's growth was seen in full time jobs in a broad range of industries including, construction, finance, real estate, food,

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If you’re going to be investing in rental properties, you want to make sure you’ve got a system to get good tenants.

There is plenty to talk about when it comes to tenant screening but in this post,  we will be focused on how to weed out bad applicants through the tenant screening process.

It all starts with your listing…

Make Your Criteria Known in Your Listing

Tenant screening is a process of elimination. You want to get a lot of interest in your rental so you can begin to pick away applicants that don’t meet your criteria.

Your listing of your vacant rental is the first opportunity to deter the wrong suitors.

It’s up to you but I’d recommend considering some of the following items in your listings:

  • Smoking policy
  • Pet
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Selling your home is challenging at the best of times. It may be the largest sale you have ever made. Though it may be stressful, there is no reason to make selling your home any more complicated than it has to be. But first, you need to know what to avoid. The mistakes sellers make when selling a home are all too common!

Don’t make these top home seller mistakes when it comes time to place your home up For Sale.

Overpricing The Home

This is a difficult hurdle for many home sellers to get over, especially if it is their first time selling a home. Overpricing your home could prevent potential buyers from even considering it, or it could cause the home to sit on the market for an extended period. The longer your home sits, the more it is

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1. Price the Home Correctly.

Exceptional Real Estate agents avoid giving in to the desire to say what will make sellers happy just to attract business. Top notch Real Estate agents will price each home using their training, understanding of the market and comparable sales.

Understanding how to price a home is one of an agent’s most valuable skills. Smart sellers should be looking for agents who sell homes for close to the original listing price. The best Real Estate agents have a reputation for pricing homes accurately and not telling a seller what they want to hear to get a listing.

2. Market the Heck Out Of The Property.

Marketing is one area where your Real Estate agent should shine. Your agent should be taking great pictures of the

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luxury home with a pool

There’s an old saying that says “The heart wants what it wants”. If what your heart wants is heated floors, a home theatre room, and state of the art appliances, then you best buy a home that’ll make your heart sing! After all… home is where the heart is. Here are three reasons why buying luxury real estate is always a great option.

You Can’t Beat the Location

When you buy a high-end home, you’re not just getting the comforts inside, you’re also getting everything around it which usually means peace and quiet. Think about it. When was the last time you saw a luxury home beside a noisy highway or busy stadium? Generally, these estate-sized properties are found on the outskirts of town in serene settings. And even if they are centrally located,

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 home staging

 It seems everywhere we click, we see countless articles highlighting Kelowna’s hot real estate market. With the strong housing market and warm spring weather, what better time than right now to sell your property as fast as possible?

1. Freshen Up the Paint

If your walls are looking a little out-dated, it’s time to freshen up the paint. Just to give you a friendly heads up, house-buyers pay attention to things like paint colour. When choosing chips, consider opting for a neutral shade which acts as a blank canvas for property hunters. Looking for a quick sale? This small investment should help.

2. Go Outside

When setting up the sale of your home, never overlook the landscaping. Grab your work boots and get your hands a little dirty!

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kelowna okanagan valley

For most people in the Okanagan, the first true sign of Spring is not the first robin they see but the street sweepers! Now we can wash our cars and they might stay clean for a few days. We hope! Seeing a bit more sunshine doesn’t hurt as well. 

 The market continues to be active however it is shifting in interesting ways.

 Check out the numbers below and note that sales are a virtual dead heat from last year; prices are up, and days to sell are down.

 For prices under $560,000, sales are down noticeably but sales over this $560,000 mark are up 43% and over the $1M price, up 22% from March of 2016 to make up for the drop elsewhere.

 Here are some of the numbers for March 2017:

2016:

Sold March 2016: 635 

Resid. Average Price

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*image C/O The Rise Golf

After what felt like a painfully long winter, we’re finally welcoming back spring with open arms which is a perfect time to visit one (or all) of our many local golf courses in the Okanagan area. As a seasoned golfer who never misses tee-time, you know how breathtaking our courses are in Kelowna, Vernon and the rest of the valley. But, if you’re new to the sport, just moved here or you’re planning a golf vacation, there are a few that shouldn’t be missed.  

The Rise – Vernon, BC
Designed by game legend, Fred Couples, The Rise is what golf dreams are made of. The natural beauty at every angle complete with scenic mountain views and outstanding sights of Okanagan Lake could be exactly what you need to make a birdie or maybe

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