Have you been waiting for the "right time" to sell?
We could already be there! Inventory is still being absorbed as Buyers emerge from COVID19 and get used to the new way of viewing and buying or selling real estate.
Interest rate: The Canadian Government did make a couple of significant changes to the mortgage rules and regulations, trying to instigate an orchestrated slow down, with new rules for first time buyers. The Provincial Government has also brought in a new program for First Time Homebuyers.
Both the Fintrac program (Federal Identification) and Provincial system of regulations of Realtors, Real Estate offices, and all other financial outlets into ONE Financial Services umbrella were amended this past June, so paperwork has changed for you and your agents.
Assessed Market Values as published by the BC Assessment Authority are dropping, but Property Taxes have generally increased throughout Greater Vancouver. On the Northshore, we've seen about 30% increase in Property Taxes paid since July 2020.
The coming months will give some interesting challenges.
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For a complimentary market evaluation on your home or Commercial
property, message me, call me or email me! Whatever works for you!
Helping you is what I do!
Vera Holman 604-968-0538, or leave a message at 604-913-0767
Serving Greater Vancouver for over 40 years! 604-318-0024