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CONTACT VANCOUVER’S EXPERT REALTORS

1.604.802.5917

Real Estate isn’t just about buying and selling a home in Vancouver. It’s about relationships. Let’s chat over a complimentary coffee and see how we can help you find your next home.

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Engel and Völkers Vancouver

130 - 1152 Mainland Street
Vancouver BC V6B 4X2

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Phone 778.374.3100

info@residentexperts.ca

Paige Taylor

Sales Representative
Residential Real Estate Expert

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Phone 7789958020

paige@residentexperts.ca

Carla Craig

Associate
Residential Real Estate Expert

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Phone 604.996.1146

carla@residentexperts.ca

AMANDA CROSBY REGAMBLE

Personal Real Estate Corporation
Residential Real Estate Expert

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Phone 604.802.1091

amanda@residentexperts.ca

SCOTT REGAMBLE

Personal Real Estate Corporation
Residential Real Estate Expert

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Phone 604.802.5917

scott@residentexperts.ca

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residentexperts

BC's Speculation & Vacancy declaration …


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Mar 22


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BC's Speculation & Vacancy declaration tax is due March 31st • • BC residential property owners in the designated taxable regions declare every year for the speculation and vacancy tax, even if there is no change to your information. When a property has more than one owner, each person on title for the mortgage needs to make a separate declaration, even if the other owner is your spouse or relative. You must complete your declaration by March 31.  Feel free to contact us if you have ant questions!

residentexperts

An iconic brand. Refined. The iconic Engel and …


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Mar 16


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An iconic brand. Refined. The iconic Engel and Völkers brand that we have known and loved, is getting a fresh new look to elevate our people, properties, and places around the world. Engel and Völkers has always been known for their attention to detail and exceptional customer service, and this brand refinement is a perfect example of their dedication to excellence. Proud to be a part of this amazing company.#EngelandVölkers #BrandRefinement

residentexperts

What is the difference between freehold & …


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Mar 13


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What is the difference between freehold & leasehold? • • There are advantages and disadvantages to each of the types of property ownership in BC. It’s important to know the differences between the different types of property ownership when you’re shopping for a new home! The decision to purchase a leasehold or freehold property ultimately depends on your individual needs and preferences, as well as your financial situation and long-term goals. In BC, a leasehold property is typically a long-term lease agreement between the homeowner and the landowner (usually the government, corporation or a First Nations community) that allows the homeowner to use the land for a set period of time, usually up to 99 years. During this time, the homeowner may own the building(s) and any improvements made to the property, but they do not own the land itself. When the lease period ends, the land and any improvements on it revert back to the landowner unless the lease is renewed or extended. In contrast, a freehold property is one where the homeowner owns both the land and the building(s) on it outright. They are free to use, modify, sell or dispose of the property as they wish, subject to local zoning regulations and other legal restrictions. Leasehold properties are often cheaper than freehold properties because the land is not included in the ownership but typically don't appreciate as much as freehold properties. The value of the leasehold property can also decrease over time as the lease gets closer to its end date which can make it very difficult to get financing.  As always, if you have any questions about which property type is right for you, feel free to reach out! We are always happy to make sure you have the right information you need to make an informed decision.

residentexperts

Bank of Canada holds key interest rate at …


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Mar 8


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Bank of Canada holds key interest rate at 4.5%  “Global growth continues to slow, and inflation, while still too high, is coming down due primarily to lower energy prices. In the United States and Europe, near-term outlooks for growth and inflation are both somewhat higher than expected in January. In particular, labour markets remain tight, and elevated core inflation is persisting. Growth in China is rebounding in the first quarter. Commodity prices have evolved roughly in line with the Bank’s expectations, but the strength of China’s recovery and the impact of Russia’s war in Ukraine remain key sources of upside risk. Financial conditions have tightened since January, and the US dollar has strengthened.”- BoC Press Release CPI inflation data for February will be released on March 21st and will give us a better idea of where we think the BoC may go from here. Energy prices and employment numbers will also play a large part in the equation as well.  Prime Rate remains at: 6.70% Next Rate Announcement: April 12, 2023.  Information provided by @yvrmortgages   If you have any questions on how this may impact you, feel free to reach out and we would be happy to help!