Homeowner Tips

Thompson Okanagan 2020 Property Assessments Released 

Posted on Jan 03, 2020 in Homeowner Tips

2020 Assessments have been mailed, however if you don't want to wait to find out if your property value has changed since last year, you can but you can find out online by entering your address here

A common misconception is that a significant change in your assessed value will result in a proportionately significant change in your property taxes.

T...

Read More

First Time Home Buyers in BC

Posted on Nov 16, 2019 in Homeowner Tips

The BC Government has a program to help 1st time home buyers break into the market and become home owners, that reduces or eliminates the Property Transfer Tax

To qualify for a full exemption, at the time the property is registered you must:

  • be a Canadian citizen or permanent resident
  • have lived in B.C. for 12 consecutive months immediately before th...

Read More

Five Summer Projects to Increase Home Resale Value

Posted on Jul 18, 2019 in Homeowner Tips

Assessing the best return for your investment is paramount when undertaking home improvement projects. This means putting a priority on the jobs that are likely to be more valuable than others.

Summer is an ideal time to get outside and invest your time, money and resources in a project that is going to pay back when it comes time to sell your home...

Read More

How to Apply for the BC Speculation & Vacancy Tax Exemption

Posted on Jan 20, 2019 in Homeowner Tips

What is the BC Speculation & Vacancy Tax?

The BC Speculation & Vacancy Tax was implemented by the Provencal Government to help tackle the hot housing markets in major urban centres (see list below). The new annual tax, which targets foreign and domestic speculators who own property in BC but do not pay taxes here, will raise revenue for affordable h...

Read More

Four Great Reasons to take advantage of the Winter Market

Posted on Dec 11, 2018 in Homeowner Tips

Winter is approaching. This now-famous phrase evokes thoughts of hunkering down in snowed-in shelters waiting for sunnier days. Yet, in the real estate world, winter brings with it some distinct bonuses that could make it worth your while to consider listing your home now.

1. Are you serious? The buyers that you will encounter in an admittedly slowe...

Read More

Should I Buy or Should I Wait?

Posted on Nov 21, 2018 in Homeowner Tips

I hear this question daily, and my usual answer drones on about interest rate projections, supply, and demand for homes blah blah!! So I thought I would run the numbers and see what makes the most sense based on the numbers, not my opinion!

Option 1 – If you bought a home for $100,000 and put 5% down and had an interest rate of 3.59% on a 5-year ter...

Read More