Posts by Gui Xue

At number eight on the list, Vancouver is the only city outside Ontario to make the top 10 Vancouver is Canada’s eighth-best city in which to buy real estate, according to an analysis by MoneySense, and the only city outside of Ontario to make the top 10. Guelph, Ontario, took top place, with Durham/Oshawa and Brantford…

For first-time home-buyers, choosing the right mortgage can feel daunting. Here’s a classic example: Let’s say Jen and Jon Smith are taking the plunge with a three-bedroom, two-bath detached home in a mid-size Alberta city. But when it comes to their mortgage, they’re not sure which way to go between a fixed rate or variable…

In early 2019, several Canadian banks launched digital apps that offer home buyers easy, hassle-free mortgage pre-qualification in 60 seconds or less. Sounds great, right?  The problem is many consumers believe a mortgage pre-qualification is a lot like a mortgage pre-approval or mortgage approval. As a result, prospective home buyers and sellers are left expecting…

It finally happened. You found the home that has everything that matters to you and your family. The amenities, the location, the style – it’s all lining up beautifully. But there’s a step in the home buying process before you get the keys that some people overlook: How do you make the right offer to…

When you sell a property in BC you’re required to prepare a Property Disclosure Statement (PDS) so potential buyers are aware of any possible defects in the property. You, as a seller, must not conceal any defects you’re aware of. If you’re selling a strata-titled property — a condo, townhouse or any multifamily complex where…

Buying a house is complicated enough without the very real chance of buying a grow op house. A grow op house can come with structural problems and mould caused by long-term moisture, to say nothing of the danger of being attacked by criminals who think it’s still a grow up. Think that former grow-op is a deal? think…

Choosing the right builder can be just as important as choosing your new home. When you purchase a home, you also “buy” the company that will build it for you. Their experience, skills and commitment to customer service will play a key role in determining how satisfied you are with your house and with the home buying…

A home inspection can be a make-or-break factor in the process of buying a house — and in B.C. consumers have protection unique to the country. Last year, B.C. became the only province in Canada to require that home inspectors be licensed. Licensing enhances consumer protection as businesses licensed with Consumer Protection BC have obligations…

If affording a home seems impossible, you might not have considered these options It’s no small secret that the Vancouver housing market is a tough one to break into. Among millennials and young families alike, the idea of buying property within the city limits is a daunting one. However, for would-be homebuyers in the Lower…

First, what is probate? Probate, in short, is the court procedure for two things: • Official approval of the will by the court as the valid last will of the deceased; and • Appointment of the person (or persons) who will act as the executor of the deceased’s estate. Essentially, it is the court process…