If you’re in the market to buy a home in Vancouver or Richmond then you know the market is very active and prices are up. Chances are when you find a home you’re going to have to act fast and you’ll probably be in competition with other buyers. It can be extremely stressful and you may be filled with doubt.  My simple advice is to see it through, there is always going to be some second thoughts and stress even in a buyers market.  As long as you buy and hold that home for 8 to 10 years and you only buy what you can comfortably afford you’ll do fine. Certainly much better than paying market rent over the next 10 years.

I just finished uploading this House for sale, 9640 SAUNDERS Road, Richmond, British ColumbiaATTENTION BUILDERS- 66' X 120' RECTANGULAR SHAPED LOT WITH AN OLDER TYPE BUNGALOW ON SAUNDERS ROAD. PRIME LOCATION TO BUILD YOUR DREAM HOME. MANY NEW HOMES IN THE IMMEDIATE AREA. NEAR SCHOOLS, SHOPPING, TRANSPORTATION AND SOUTH ARM COMMUNITY CENTRE.

There are 2 types of residential properties you can purchase in BC. The most common is Freehold where you own both the structure (home) as well as the land it’s built on. The other type is Leasehold, where you do not own the land. Instead you are renting the land on a prepaid lease for a set number of years. In this video I will walk you through what the sale of a typical Leasehold property looks like and why I would not recommend someone buy this type of property.

For the past 3 years we have been in a buyers / balanced market. Well you can’t keep Vancouver Real Estate down for long. We have officially moved back to a sellers market, especially for detached homes and Townhomes.  Condos, with the exception of a few select buildings remain balanced.  It’s a good time to be a seller in Vancouver and Richmond. Chances are you will be selling and getting top of the market prices. As expected I'm getting a lot of calls from potential sellers asking if now is the time to sell. I tell them it depends on your circumstances and why you want to sell. Watch and I will explain when it makes sense to sell and when it can lead to trouble.

We are proud to announce that this Mar 8th, 2:00 PM to 4:00 PM we will be hosting an Open House at 8760 NO. 1 Road in Apple Green in the Boyd Park neighborhood, Richmond. This is an opportunity to visit this excellent Condo for sale in beautiful Boyd Park.Please come with any questions you may have. In the meantime you can take a virtual tour of this Boyd Park Condo for sale.As always please do not hesitate to give me a call at 604 889-1118 if I can answer any questions before the open house, or if you would like to book a private showing.Owen BiglandMacdonald Westmar