Blog

STRATA INSURANCE CONCERNS?

The dramatic increase in recent condo insurance rates has been a hot topic these days! Some strata corporations have seen skyrocketing rates, while others are dealing with a problem of no coverage at all. 

It’s unclear at this point how some buildings seem to be affected, while similar buildings are not affected at all. ⁣⁣⁣⁣Each strata will be different on a case by case basis, make sure you ask the right questions.  A history of claims, or deferring maintenance could be a red flag, reading all documents available and obtaining legal advice on what you’re buying into is more important than ever. ⁣⁣⁣⁣

Working with a buyers agent is at no cost to you! Hire a Realtor with knowledge and experience, it’s more important than ever. 

We are happy to help! 

The Bank of Canada cut the key lending rate by half a point today, meaning our already hot market is about to blow up

The year started out with multiple offers mostly on condos and townhomes, but in the past couple weeks, we’ve seen multiple offers on single family homes around the million dollar or is point. ⁣

In a fast paced market like this, it’s a MUST⁣ to work with an experienced realtor. Experience, expertise and Realtor relationships mean everything when you’re in a bidding war for the home you love

Give us a call today to discuss if this may be the right time for you to make a move

Kind is Cool

Let’s make an effort to be kind everyday. Not just on #pinkshirt day.⁣
Smile at that stranger ⁣
Tell someone how beautiful they are ⁣
Be yourself, and love yourself. From the inside out. When you truly love yourself, you’ll shine from within⁣
Everyone is fighting a battle we are unaware of everyday. Be that person, that made someone’s day just a little bit better today. And tomorrow. ⁣
Choose kindness

•|| OVER $5,000 RAISED ||•

The Starfish Pack foundation is one that hits home for all of us, as Mothers. ⁣

Just over 2 years ago, we discovered that there were children going hungry over the weekends. This program ensures that backpacks full of food go home weekly, and we are currently able to feed 60 children in Surrey. ⁣

Thank you to everyone that donated silent auction items, bottles for the toonie toss, and cash

We couldn’t have done this without your support

If you would like to get involved, we have opportunities to volunteer weekly, and monetary donations are always accepted. This program is 100% non-profit.

•|| JUMPING FOR JOY ||•

We are so excited to be awarded a place in the Medallion Club, top 10% of realtors in the Fraser Valley for EIGHT consecutive years now! Along with this achievement, we also placed in the top 2% of teams within Royal Lepage across Western Canada.

All of this was possible because of you! Our loyal clients, our referral partners, local and across BC, and our friends and family ❤️

We couldn’t have done it without you and we are truly grateful. ???? Thank you all!

 

•|| SUGAR AND SPICE ||•

And everything nice …

The holidays are a time to reflect on the year, and also a time to really think about the people in your life you’re most grateful for. As a team of women and moms, we are most grateful for the balance and support that comes with it. A life balance with our families, and the support, knowing that one of your girls ALWAYS has your back. We are all different personalities, but similar enough to know when to step in and take the lead. Feeling beyond grateful as we step into a new year with endless possibilities ❤️

 

WITH GRATITUDE

As we write this post this evening, our hearts are full. We joined the Starfish Foundation just over a year ago, and have been volunteering our time weekly to deliver food to local school children in need of food over the weekends. We hosted our first annual fundraiser for the foundation last week, and with the help and generosity of everyone involved, the grand total raised was $8200!

Thank you to everyone that was able to attend the Pub night, and also to everyone else who couldn’t make it out, but still donated generously ❤️ The silent auction items donated were a huge success, and we would like to again thank these local businesses for their support.

PRO SMITH CUSTOMS • WHITE CLOUD PRODUCTIONS • OXYGEN YOGA • POLISHED NAILS STUDIO • JENNIFER WATTS RBC • FITENI BALTIC • NATURALASE • END OF THE ROLL • MUSCLES & MOMMIES • THE PERFECT FEATHER •

From the bottom of our hearts, we thank you for helping the kids ❤️

If you are able to donate your time once a week, or are able to offer a monetary donation please get in touch with someone from our team!

Tax assessed value VS Market Value

Which one is what your home would actually sell for on the open market?

THE FACTS

  1. Tax assessed value is a value placed on the property for one thing – tax purposes. This value placed on the property is used to determine the amount a homeowner pays in terms of property tax, municipal tax, federal tax, or whatever tax is applicable in their area.
  2. Market value is the value of your home based on recent sales in the area, comparable in size, age, renovations etc. Furthermore, its determined by what a willing-and-able buyer who is not under duress would pay a willing-and-able seller for their home.

Looking for a more in depth explanation? Feel free to reach out to us anytime, we are here to help!

Summer is almost here

Summer is almost here, and that means warm nights spent outside on the patio or in the yard. String lights are the trend this year, and they’re an easy way to add a warm cozy ambience to any space.

Hang them from trees, or line the fence with them. For a more open space, you can easily add a planter post to the centre of the patio, and string the lights off it back to the house.

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A look at the Bank of Canada’s trend-setting overnight rate

The Bank of Canada has decided to leave the overnight rate unchanged, but the prediction is that there’s a 1 in 3 chance of an increase next month.

If you’re currently in the market to buy or sell, make sure you speak with a mortgage broker to get a pre-approval in place and a rate hold. The rate hold will be secured for up to 120 days, so you don’t have to worry about an increase. On the flip side, if the rates were to lower, you would still get the lower rate. Getting a pre-approval before you start shopping is a quick and easy process that will save you time and money down the road. Most mortgage brokers these days will come to you, so not to worry if you have a bust schedule.

The market trends in the Fraser Valley and Langley in particular are still in the favor of sellers. Work with a buyers agent that has experience and you’ll have a better chance at winning in a multiple offer situation. There are some tricks of the trade that will make all the difference!

I also like pre-sales, they’re always a good idea. Some still offer a low 5% deposit which is perfect for first time buyers and investors. Make sure you write the offer with your trusted buyers agent and not the realtor in the sales centre. Those realtors work for the developer and you are buying unrepresented which can be dangerous!

Questions? We would love to hear from you! Drop us a line anytime.