RSS

We are proud to announce that this Oct 27th, 1:00 PM to 3:00 PM we will be hosting an Open House at 49733 Yale Road in the Rosedale neighborhood, Chilliwack. This is an opportunity to visit this excellent House for sale in beautiful Rosedale.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Rosedale House for sale.

As always please do not hesitate to give me a call at 604.595.2896 if I can answer any questions before the open house, or if you would like to book a private showing.

Scott & Marcella Williams
2 Percent Realty Valley

Read

I just finished uploading this Condo for sale, 209 9299 121 STREET, Surrey, BC

MASSIVE 1280 sq ft 2 bdrm, 2 bath condo similar in size to a rancher or townhome! Nice open layout with huge bdrms, laminate floors throughout, massive kitchen with updated cabinets, granite countertops, undermount sink and S/S appliances has room for eating area, living room features a corner gas F/P (gas and hot water incl in maint fee). Unit faces quiet courtyard. Complex is well maintained and has a bonus brand new roof coming soon that's all paid for. OPEN 2-4 SAT JUNE 23. Priced to sell fast....hurry!

Read

I just finished uploading this Condo for sale, 213 20829 77A AVENUE, Langley, BC

THE WEX's largest 1 bdrm floor plan (673 sq ft) that features a spacious living/dinning room, generously sized Master bedroom, ultra modern 5 piece bathroom, sophisticated gourmet kitchen, quartz countertops and a highly functional layout finished in the sleek modern " Arabica" color scheme that keeps the unit feeling bright and open. Ideally located close to schools, Hwy 1, Park N Ride that's 17 mins to Lougheed Skytrain, mins to downtown Langley and loads of shopping. HURRY, don't miss this opportunity.

Read

We have rebranded and redesigned our website with a fresh new look. Please, check it out and let us know your thoughts! 
www.surreyhomesales.com
Read

Marcella and I have just joined 2 Percent Realty Valley so we can better serve our clients. You still get out proven marketing, service and commission savings but now in a more professional presentation. Call us today and let us show you how we can better serve you. Our website is slowly transitioning so stay tuned for more updates...

2_Percent_Realty_Tagline_Service_Points_539.jpg


7 and 2.5 Chart.jpg
Read

We have updated our website, have a look and let us know your thoughts ;-)

www.surreyhomesales.com
Read

Fraser Valley housing market simmers in July

SURREY, BC – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained strong in July – however, for the first time this year, monthly sales did not break a historical record for our region.

The Fraser Valley Real Estate Board processed 1,962 sales of all property types on its MLS® in July, a decrease of 10.2 per cent compared to the 2,184 sales in July 2015, and a 31.5 per cent drop compared to the 2,864 transactions processed in June 2016.

“A slowing down in activity is expected during the summer. While it may seem drastic or alarming when compared to months prior, this easing off is welcome as we get further into the year – the pace of the market slows, and inventory has a chance to catch up,” said Board President Charles Wiebe.

The Board received 3,226 new listings in July, an increase of 14.6 per cent compared to July of last year, and a 12.9 per cent decrease from June 2016. The total active inventory for July was 6,012, down 21.7 per cent from last year’s 7,681 active listings at this time.

“This is a good thing for our market, and buyers especially. Additional inventory will help drive us towards a more balanced environment for consumers and remove some of the upward pressure on prices we’ve been seeing.”

Across Fraser Valley, the average number of days to sell a single family detached home in July 2016 was 18 days, compared to 33 days in July 2015.

The MLS® HPI benchmark price of a Fraser Valley single family detached home in July was $881,400, an increase of 41.9 per cent compared to July 2015 when it was $621,100.

In July, the benchmark price of townhouses was $408,200, an increase of 33.9 per cent compared to $304,900 in July 2015. The benchmark price of apartments also increased year-over-year by 24.9 per cent, going from $192,700 in July 2015 to $240,600 in July 2016.

Read

I'M SHARING THIS UPDATE FROM ONE OF OUR REAL ESTATE LAWYER PARTNERS...


Re:  Property Transfer Tax


We just heard that the BC government is increasing the PTT by 15% tax for purchasers who are foreign entities. Here is what we know:

1. A foreign national is one who is not a Canadian citizen or permanent resident.  If it is company that is purchasing, a foreign company is one that is not incorporated in Canada, or incorporated in Canada but controlled in whole or in part by a foreign national or other foreign corporation;

2. The increased tax only applies to properties in the Greater Vancouver Regional District, and does not apply elsewhere in the Province, or the Tsawwassen First Nations Lands;

3. The tax only applies to residential properties, not commercial;

4. This is in addition to the regular PTT to be paid, and is paid on closing;

5. The increased tax is effective August 2, 2016, regardless of when the contract is signed.  Even if the contract was signed weeks ago, if it completes after August 2, 2016 there is a higher tax;

6. We need to confirm the clients SIN number and compare it to an official government document, such as a passport or SIN card.  Prepare your clients to have such ID;

7. The additional tax is payable even if there would normally be an exemption available.  Transfers between related individuals, transmission to surviving joint tenant and other such items now attract the additional tax. 

Once we receive further details we will do our best to keep you posted.

PS. If you have a file closing over the next week or two you should try to move it up to this week. If your client's lawyer cannot accommodate this, let me know.


WRITTEN BY:

Tony Spagnuolo, Barrister & Solicitor
Spagnuolo & Company Lawyers
#300-906 Roderick Avenue
Coquitlam, BC V3K 1R1
Direct Phone: 604-777-7406
Fax: 604-527-8976 

Quick Links... www.spagnuololaw.com and www.bcrealestatelawyers.com
Read

The spring market is off to a roaring pace. Listings urgently needed and with homes selling in days for over asking price why pay huge commssions? Contact us today for your free evaluation!
Read
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.