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Should You Lend Your Child Money to Buy a Home?
First-time buyers hoping to get on the property ladder in expensive cities like Vancouver and Victoria may be able to get some assistance this year with the new BC Government Down Payment Plan. The plan, designed to help homebuyers put together money for the down payment with a 25-year loan, will match buyers’ contribution up […]
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Should I Buy Or List First? – Part III
In part three of our three part series on Should I Buy Or List First?, we explore the pros and cons of drafting a conditional offer on a property. In case you missed part two of our series here on buying your new home before selling your current property, click here. Strategy #3: The Conditional […]
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Should I Buy Or List First? – Part II
In part two of our three part series on Should I Buy Or List First?, we explore the pros and cons of buying your new home first, and then working under a fixed timeline to get your current home sold. In case you missed part one of our series here on selling your current home […]
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Should I Buy Or List First? – Part I
One question I routinely receive from homeowners who are looking to both sell their existing home and purchase a new home simultaneously is: Where do I begin? That is to say, these homeowners are seeking direction as to whether they would be better off to first find a new home that matches their search criteria […]
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Ground Floor Condos: What’s The Scoop?
Purchasers tend to have pretty strong views on ground-floor condos. Regardless if it in a two storey low-rise building or a thirty storey skyscraper, ground floor condo units (units with direct access through one or more doors to the outside of the building, but which also have common hallway access) speak to a certain type […]
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Penny-Wise Home Staging Tips
More and more home sellers are having their homes professionally staged in advance of the big sale. The good news is that a lot of staging can be achieved with just a little bit of elbow grease and a shoestring budget. Here are a few top staging tips to make sure your home is showing […]
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Who’s Buying Houses Right Now In Metro Vancouver?
Recently the Real Estate Board of Greater Vancouver published data characterizing evolving trends in the Vancouver real estate market. The data was collected by sampling 160 Realtors active within the region to garner their professional opinions on market trends. Here are some perhaps surprising take-aways from that report: 1. First-Time Homebuyers. First-time homebuyers accounted for […]
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As A Buyer, Can I Have Bids Out On Multiple Properties At The Same Time?
The short answer to this question is “yes”, but while it’s possible, it’s certainly not advisable. Here’s why… In “hot” real estate markets, where buyer demand is high, the supply of available housing is low, and a sense of generalized panic fills the air, it’s not uncommon for prospective home purchasers to get caught up […]
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When Is The Best Time To Sell A Home?
As we saw in an earlier post, seasonality can play a strong role in influencing market conditions. Aside from seasonal patterns, a slew of other factors also can have a bearing on market activity, and by extension, how much of a premium you might be able to sell your home for: 1. Interest rates. While […]
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What’s Included With A Home Sale?
This is a question I routinely get asked by both home sellers and buyers. The good news is that generally speaking, the answer to this question is pretty straightforward. To get things kicked on in addressing this question, a quick vocabulary lesson is in order. The world of real estate, there are essentially two different […]
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Setting The Right Purchase Price Parameters
When drafting out a vision for their next home, most buyers focus on getting the basics down pat. From choosing the community with the right mix of amenities and schools, to the home with the right combination of bedrooms and bathrooms to make day-to-day life liveable, prospective home purchasers generally begin their home search with […]
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- Consumer Behaviour
- Historical Housing Data
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- Seasonality
- Unconditional Offers
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With a focus on client satisfaction above all else, Neil Chahal is one of Vancouver’s top Realtors for buying and selling residential homes and condos.
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Phone: 778-999-7499
Email: neil@realneil.ca
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