Thursday, September 25, 2014

Helpful Resources at Home

Resources for you at home...
 
Power Outages
As we come to the end of summer and see the shift in weather, power outages will be become a common occurance. We have a lot more resources at our fingertips today than we did a few years ago. BC Hydro has great resources on their website for Power Outages.
 
Rental Properties
 
Home's that are rental properties can be hard to deal with for both tenants and landlords. Being educated and understanding the rules for both sides is the best way to start this relationship and the Residential Tenancy Branch is the best resource.

Wednesday, September 17, 2014

East Newton, Surrey | 14730 76th Avenue, Surrey BC



Sold for over 96.5% of asking price. Do you know anyone looking to buy, sell or invest in Real Estate? 
Beautiful home in an excellent neighborhood in East Newton, Surrey! Recently updated & renovated home with features that include A/C, hardwood floor, an open concept layout throughout the Main floor & a fully finished Basement that potentially can be suited. This is the perfect home to start your family, with lots of room to grow. Central location with easy access to Elementary &High school, Kwantlen Polytechnic University, entertainment, Guildford TownCentre, restaurants, parks, public transit & to all major routes, Highway 1, Highway 10, Highway 91 & the US Border. Great view of the Tri-Cities & Mountains, a must see, not a drive by! Call today for your personal showing of this property! Visit www.AmanBrah.com for more information.

Friday, August 15, 2014

Market Update July 2014

The real estate market quiet in the summer? Not exactly, there were 3,000+ sales in July, the first time sales have been this high since June 2011... check out more highlights from the July 2014 Housing Market Update



An infographic on the monthly market update for July 2014, from the Real Estate Board of Greater Vancouver, to help you understand the statistics.


 

Wednesday, July 23, 2014

How to Buy a Foreclosure in BC

The number one question I get asked all the time is what are the steps you need to take to buy a foreclosure in BC? Buying a foreclosure in BC is very similar to buying any other house except it needs the court approval to complete the sale.  I’m going to take the guess work out of buying a foreclosure and give you the step by step process!

How to Buy a Foreclosure in BC
  1. Find a foreclosure you’re interested in buying
  2. Submit an offer to the owner (if the home is in foreclosure then the financial institute that funded the property takes ownership)
  3. Get your offer accepted by the bank then you will have a chance to do home inspection, get financing and anything else you want.
  4. Once you are satisfied with the home inspection and any other conditions you included in your offer then you can remove your subjects and give your deposit. Once you do this then the deal is firm.
  5. Once you have a firm deal then the bank will request a court date to approve the sale. Usually takes 2-4 weeks to get a court date.
  6. While waiting for the court date anyone else can still view the property and they can also find out what your accepted offer price is.
  7. If another person likes the property and is willing to pay a little more than your accepted offer then they can come to the court date and submit an offer.
  8. If you are the original offer and you are the only one to show up in court then the judge will look at your offer and approve the sale. Lucky for you no one showed up to compete against you.
  9. If you show up to court and there are a couple other people interested in the same property then you will have one last chance to increase your offer and submit it to the judge in a seal envelope. The other interested parties will also have a chance to submit an offer in a sealed envelope at the same time but their offer cannot have any subjects. They will have to take care of financing, inspections and anything else before the court date.
  10. The judge will then open all the offers at the same time and will look at a few things...  number 1 is the price, number 2 is the completion date and number 3 is the deposit.
  11. The judge will then decide based on those 3 things, who has the best offer and approve the sale to that person.

The person with the highest price isn't necessarily the person who is going to win. When the bank takes control of a house it cost them money every day to maintain it. They will be paying for heathydro, maintenance fees and a property manager to take care of the property.

Let’s use this situation, say I am the original offer that gets accepted by the owner and we get a court date. My accepted offer price is $500,000 and I want to take possession 2 months after court. If someone else shows up to court and offers $500,000 but wants to take possession 2 weeks after court then the judge would consider that to be a better offer. It cost the bank on average between $40-$80 a day to keep that house on the market. The judge won’t just be looking at the price and take over dates, they will also be looking at the size of the deposit. A big deposit is always a good way to show the judge how serious you are, a big deposit will increase your chances of winning in court.

I hope this will help you understand how to buy a foreclosure in BC.  Let me know if you have any other question or need some explanation and I’ll be happy do to so. If you would like more information, visit Metro Vancouver Foreclosure.

Metro Vancouver Foreclosure


Looking for Metro Vancouver Foreclosure properties? Contact us for a current list of all the Metro Vancouver Foreclosure properties for sale right now. Foreclosures are not for everybody! In most cases they need some TLC, someone to clean them up and care for them. If you're the type of person that is handy and can see past the mess, maybe you are the perfect person to buy a Metro Vancouver Foreclosure. You might also be looking for a rental property or a investment property and a foreclosure can be a great opportunity to get a great deal. Contact us to find out more about what it takes to buy a Vancouver foreclosure. There are some extra steps you need to take compared to purchasing a home listed by the owners. Aman can help answer those questions or any concerns you may have. To learn more about the foreclosure process click here 'How to Buy a Foreclosure in BC' or click here to start receiving Metro Vancouver Foreclosure properties.

Tuesday, July 22, 2014

Cost Saving Programs for home/property Buyers and Owners

Cost saving programs from the government, financial institutions, etc... that can save home/property buyers & owners in British Columbia money. Taking a few minutes to see if you qualify for any of these can help you save hundreds if not thousands of dollars when it comes to your property or a potential future property purchaseREBGV - Cost Saving Programs.

Thursday, July 10, 2014

Market Update June 2014

June records the highest monthly sales in our region since 2011, check out more highlights from the June 2014 Housing Market Update
 
 
An infographic on the monthly market update for June 2014, from the Real Estate Board of Greater Vancouver, to help you understand the statistics.

Tuesday, June 24, 2014

Market Update May 2014

Market update for May 2014 from the Real Estate Board of Greater Vancouver show's increased home buyer demand across the region... www.AmanBrah.com

 

Wednesday, June 4, 2014

Queen Mary Park, Surrey | 12331 95A Avenue, Surrey BC

Sold for over 96% of asking price. Do you know anyone looking to buy, sell or invest in Real Estate? 
Listing, in Queen Mary Park, Surrey. First time on the market, this well maintained custom built 3268 sq.ft. home is perfect for a growing family with great rental income from the 2 bedroom suite. On a great no-thru street located in a... quiet, family oriented neighborhood, with quick access to all the bridges, transportation, shopping, recreation and close to all levels of school. A fabulous, almost 9000 sq.ft. lot with a large covered patio w/gas connection for your BBQ. You don't want to miss out on this one, call today for your personal showing! Visit www.AmanBrah.com for more information.

Tuesday, June 3, 2014

Highgate, Burnaby | 1601 - 7225 Acorn Avenue, Burnaby BC

Completely custom Penthouse in the heart of Burnaby South comes with 2 bedrooms & a den. Amazing views from every room & incredible privacy are just some of the features this oasis in the sky has to offer. The kitchen comes with stainless steel appliances, granite countertops, custom cabinetry, tile backsplash, a large center island & pendant lighting. The flooring is engineered hardwood throughout with tile bathrooms. 10' ceilings & large windows add to this sense of space & incredible natural light. Other thoughtful upgrades include California closets throughout, Hunter Douglas blinds, electrical plugs in the closets & screens on all windows. The 12 x 21 ft patio is perfect for summer night BBQs & cocktails! All this plus 2 side-by-side parking stalls & a private storage room. Centrally located in Highgate, Burnaby close to Metrotown, Swangard Stadium, Skytrain and Deer LakePark. Call today for your personal showing! Visit www.AmanBrah.com  for more information.

Wednesday, May 28, 2014

Cedardale, West Vancouver | 1223 - 235 Keith Road, West Vancouver BC

Brand New Listing in Cedardale, West Vancouver at Spuraway Gardens. Rarely offered 2 bedroom, 2 bathroom, garden view Villa. Transit is just steps away plus it's a short walk to Park Royal shopping and all types of recreation like the Capilano Canyon or Capilano Pacific Trail. Spuraway Gardens sits on eight acres of land, has immaculately maintained grounds, a large outdoor pool and the Spuraway Lodge with guest accommodation. A very well maintained complex with a proven track record. Recent roof replacement & new elevator, current pool work taking place. Owner offering a $10,000 renovation credit. Call today for your personal showing! Visit www.AmanBrah.com for more information...

Tuesday, April 29, 2014

Guildford, Surrey | 1104 - 14820 104th Avenue, Surrey BC

Brand New Listing in Guildford, Surrey at The Camelot. This 2 Bedroom, 2 Bathroom condo centrally located condo gives you a chance to be a new home owner with all the amenities you need at a great price. Great for investors, first time buyers or if you're downsizing. Located a short distance from the newly updated Guildford Town Center, the Skytrain, Guildford Community Center, restaurants, theaters, parks, elementary & high school, public transportation & easy access to Port Mann Bridge or Patullo Bridge. Call today for your personal showing! Visit www.AmanBrah.com for more information...

Saturday, April 12, 2014

Friday, April 4, 2014

Open House in Coquitlam


Open House in Coquitlam. Property for Sale: Open House, Saturday April 5th & Sunday April 6th from 1 - 3 pm.

$259,800
Type - Townhouse
Parking - Front, Visitor Parking
Year Built - 1988
Square Feet - 904 sq.ft.
Bedrooms - 2
Bathrooms - 1
Kitchens - 1

Coquitlam address: 31 - 1235 Johnson Street, V3B 7E4 Description: Incredible VALUE. Better than a CONDO!! This 2 bedroom, corner townhome boasts plenty of outdoor space & a MASSIVE 540 sq.ft ground level patio surrounded by Private fully grown Hedges. On the quiet side of the complex. The Kitchen has been updated & offers shaker cabinets/newer appliances/newer flooring. OPEN floor plan is excellent for hosting & entertaining friends for BBQ's this summer. Centrally located to all levels of schools, shopping, Lafarge Lake, public library, transit, parks & only minutes to a future Evergreen station. This home is move-in ready so don't delay, call today & come see us on Saturday!

If this property doesn't meet your needs, let us know what your looking for and we'll find the perfect property for you...

Monday, March 10, 2014

Greater Vancouver Home Price Index

This is the Greater Vancouver Home Price Index for the past 3 years...
 

Fraser Valley Home Price Index

This is the Fraser Valley Home Price Index for the past 3 years...