New property listed in Aberdeen, Abbotsford

I have listed a new property at 27923 SWENSSON AVE in Abbotsford. See details here

Aberdeen is a quaint community bordering Aldergrove, just outside of Langley. This home has RV & trailer parking, plus room for 8 cars to park, all on an 11,000 sf lot. Beautiful interior updates, including new vinyl plank floors throughout. 3 bedroom plus a bonus room above the garage, perfect for a home based business or a growing family. Large foyer, formal dining room, and a spacious kitchen with plenty of cupboards and storage, overlooking the backyard. Cozy family room with room for the largest sofa, and a convenient laundry room with wash tub. 10x16 storage shed, and a fully fenced yard for kids and pets. Walk to parks, and close access to Fraser Hwy, this is a unique home you won't want to miss out on. Potential lane access to side yard, great future potential!


New property listed in Brookswood Langley, Langley

I have listed a new property at 3738 207 ST in Langley. See details here

This home is a show stopper! Sprawling rancher on a private 12,000 square foot lot, with hickory floors, new starline windows, calacutta quartz counters, and a built-in coffee bar in the chef's kitchen. New Samsung appliances, induction stove, and a double oven. The great room floor plan is perfect for entertaining and you'll love the fir beams in the family room. Spacious laundry room that can double as a staging area for family dinner, and a huge primary retreat including a gas fireplace, steam shower and jetted tub. 2 new heat pumps, AC and hot water on demand. Are you a classic car owner? This home features a double drive through 4 car garage, with 3 doors. Long driveway with security gates, this home won't last. Close to highway 99, parks and trails, book your tour today!


New property listed in Walnut Grove, Langley

I have listed a new property at 9233 213 ST in Langley. See details here

You won't find a better location! Less than a 5 minute walk to multiple parks, walking trails and playgrounds, and walking distance to James Kennedy Elementary & Walnut Grove Secondary. 4 year old roof, new vinyl windows, and a patio slider off the primary bedroom to the backyard. 220 power available for a hot tub, and a private yard with lush greenery which gets all the afternoon sun. Extra deep garage to allow for 2 cars plus storage at the back, and plenty of space under the back deck for all your extra outdoor storage needs. You'll love the bright sunroom, leading into the large dining area, and spacious kitchen updated in 2006. Cute front patio to enjoy your morning coffee and watch the kids play on the tire swing. This is a perfect family home, don't miss out on it. Open House Sat May 25th and Sun May 26th from 2-4pm.


I have sold a property at 131 14165 104TH AVE in Surrey

I have sold a property at 131 14165 104TH AVE in Surrey on May 4, 2024. See details here

This end-unit townhome has been lovingly cared for with 3 generous sized bedrooms, 2 full baths and a large storage space upstairs. Enjoy your morning cup of coffee watching the kids play in your large private fenced yard. Wander to the pool on those hot summer days or the playground for some fun with the kids. Close to all levels of schools, shopping, rec centre, skytrain, Hwy 1, Guildford & Surrey Central Malls. Renovations completed in 2019: all new flooring throughout, paint, countertops, bathrooms (incl main bath addition of shower), windows & slider door (owner responsible not strata) and hot water tank. Furnace replaced in March 2024. New roof to complex in 2023/2024. Well run strata & a community feel to this complex makes this the perfect choice for your family and pets.


The Hidden Costs of Buying Real Estate

The Hidden Costs of Buying Real Estate

The Reality Beyond the Sticker Price

When it comes to purchasing real estate, the price tag on the listing is just the beginning. There are numerous additional costs involved that are not always obvious from the start. Failing to account for these can put your home ownership at risk, leading to a frantic scramble for funds at closing. As a real estate professional, I’ve witnessed too many buyers caught off guard by these hidden fees. It’s my mission to educate and prepare you for these unexpected expenses, ensuring a smooth and surprise-free home buying experience.

Unpacking the Hidden Costs

Let’s break down these costs using a $1 million home as a benchmark. This figure simplifies calculations and can be adjusted based on your actual purchase price. Here are the key extra expenses you need to consider:

1. Property Transfer Tax (PTT)

A significant expense in British Columbia, the PTT is calculated on a sliding scale, with rates increasing with the value of the property. For a $1 million home, expect to shell out approximately $18,000. However, first-time homebuyers might qualify for exemptions, so it’s worth investigating potential savings.

2. Legal Fees and Disbursements

Enlisting a real estate lawyer or notary public is essential for navigating the legal intricacies of property purchase. Costs can range widely, but for our example, anticipate spending between $1,500 and $2,500. Tip: Compare rates across different firms, potentially saving hundreds.

3. Title Insurance

Often required by lenders, title insurance protects against various ownership issues. For a property of our example’s value, the cost can be around $1,000 to $2,000, a one-time payment that safeguards your investment.

4. Mortgage Insurance

If your down payment is less than 20%, mortgage insurance becomes mandatory, protecting the lender against default. The cost varies significantly based on several factors, making it crucial to consult with your mortgage broker for precise figures.

5. Property Insurance

This is another lender requirement, with costs fluctuating based on location, size, and property condition. For a million-dollar home, expect annual premiums of $1,500 to $2,000. Shopping around can lead to savings.

6. Appraisal Fees

Lenders often require a professional appraisal to confirm the property’s market value, costing around $300 to $500. This fee can sometimes be negotiated or waived, so it’s worth discussing with your mortgage broker.

7. Strata Fees

For condo or townhouse purchases, monthly strata fees cover maintenance and amenities. These fees can vary widely and tend to increase annually, so factor them into your long-term budgeting.

8. Property Taxes

You may need to reimburse the seller for prepaid property taxes, depending on the sale’s timing. Annual taxes on a million-dollar home could be around $3,500 to $4,000, with adjustments based on the possession date.

9. Home Inspection

Before finalizing your offer, a professional home inspection can uncover potential issues, costing $700 to $1,000. While not mandatory, it’s a wise investment that could save you significantly by identifying costly repairs early on, potentially even netting you a price reduction.

The Bottom Line

The additional expenses of buying a home can tally up to between $26,900 and $30,800 for a million-dollar property. Including these in your budget is essential for a realistic understanding of your financial commitment.

Knowing the potential hidden costs is just the beginning. The next step is deciding where to buy, considering the best neighborhoods and those to avoid. Should you have any questions or need advice, don’t hesitate to reach out. Let’s navigate the path to your new home with confidence and clarity.


New property listed in Central Meadows, Pitt Meadows

I have listed a new property at 19797 BRIGHTON PL in Pitt Meadows. See details here

Location is a 10! The most disireable lot in the Morningside development is now available. This charming home has the best location in the cul-de sac, its the last home on the street which is perfect for your kids to play outside and overall privacy. You'll love the covered veranda, a place to enjoy a morning coffee or a glass of wine in the evening. New floors in main living areas, large living room, and a kitchen with breakfast bar. Backyard access from the dining area, and enjoy the private fenced yard, awaiting your ideas. Oversized bedrooms and 13x17 primary retreat. Minutes to the Westcoast Express, highway access, Golden Ears Bridge and schools. Homes in this area don't last long, see you at the open house!


New property listed in Southwest Maple Ridge, Maple Ridge

I have listed a new property at 31 20554 118TH AVE in Maple Ridge. See details here

Rarely available 55+ rancher townhome with south facing yard. Well maintained home with recently updated carpets & blinds, and two spacious bedrooms. HUGE primary bedroom features large walk in closet, and bathroom, and second bedroom has access to the backyard. Loads of storage in the laundry room, and a bright eating area at the front of the home. Galley kitchen, and a large living room. Prime location, you can walk to shopping, recreation, transit, and more, with the West Coast Express and major commuter routes nearby. 2 dogs or 2 cats allowed or 1 and 1 (max shoulder height for animals is 19.7"). Residents enjoy exclusive access to a clubhouse with full kitchen, pool table and workshop. Don't miss out on this one, see you at the open house!


I have sold a property at 103 5475 201 ST in Langley

I have sold a property at 103 5475 201 ST in Langley on Apr 29, 2024. See details here

MASSIVE sun drenched south facing patio, and dogs allowed with no height restrictions, what a great place to call home! You'll love this bright one bedroom plus den located across the street from the park, transit, and future skytrain. The den is large enough for a home office or child's room, and the patio is larger than most townhouse backyards. Well managed strata, 1 underground parking, storage locker, and bike storage. Perfect starter home, or investment. Don't miss out on the open house this weekend!


I have sold a property at 26 20307 53 AVE in Langley

I have sold a property at 26 20307 53 AVE in Langley on Apr 22, 2024. See details here

Investors and first time buyers, run don't walk! This spacious townhome is located near parks, shopping, schools, and the new Langley skytrain station. Building exteriors have been done: windows, vinyl siding, patio doors, skylights, vinyl fencing and parking lot repaving. Bright living room with skylights, and patio slider off dining area to private fully fenced yard for kids and pets. Functional galley kitchen and eating area. 2 parking stalls, and a large storage area located conveniently outside the front door. Great place to call home.


Navigating the 2024 Home Buying Process: A Step-by-Step Guide

Navigating the 2024 Home Buying Process: A Step-by-Step Guide

Are you ready to take the plunge into the real estate market this year? Buying a home is a significant milestone, and it’s essential to navigate this journey without falling into common pitfalls. Here, I’ll walk you through a simple yet comprehensive 7-step process to buying a home in 2024, ensuring you make informed decisions and avoid common mistakes.

Step 1: Get a Pre-Approval

The home buying journey begins long before you pick out your dream home—it starts with financial readiness. Getting pre-approved for a mortgage is a crucial first step. Why start early? It gives you a clear picture of what you can afford and any credit or income issues you need to address. I recommend using a mortgage broker over a bank, as brokers often have your best interests at heart and can help you avoid pitfalls like high payout penalties from big banks. Ensure your pre-approval is fully underwritten, meaning it’s based on verified documents, which solidifies your budget and enhances your buying credibility.

Step 2: Hire a Real Estate Agent

Once you’re financially prepped, it’s time to find a real estate agent. Your agent is your advocate, guiding you through the buying process and safeguarding your interests. It’s tempting to search online or respond to for-sale signs yourself, but a professional agent will save you time and money. They’ll help you avoid common errors, such as buying a property next to a planned highway, which could be detrimental when you decide to sell.

Step 3: Begin Your Home Search

With an agent by your side, you’ll start the actual home search. Define your criteria and stick to homes that match closely to avoid confusion and wasted time. Viewing too many properties can blur your memory of specific features. Use a process of elimination to narrow down your options, allowing you to focus on homes that truly meet your needs and stand out in your search.

Step 4: Write an Offer

Here’s where a great agent proves their worth. Writing a strong offer and negotiating effectively can significantly impact the terms and final price you secure. Ask your agent if they’re willing to negotiate on their commission—not as a way to pay them less outright, but as a test of their negotiation skills. An agent who can’t defend their worth might not fare well in deal negotiations on your behalf.

Step 5: Address Necessary Conditions

When crafting your offer, include conditions like financing and inspection to protect yourself. These conditions allow you to back out if financing falls through or if major issues are discovered during the inspection. In competitive markets, it’s tempting to waive these conditions, but doing so can expose you to significant risks.

Step 6: Secure Your Mortgage

After your offer is accepted, it’s time to finalize your mortgage. If you were thorough during your pre-approval, this should be straightforward. Your mortgage broker will handle the transfer of information to the lender for final approval. Quick submission of any additional required documents can help speed up this step.

Step 7: Close the Deal

The final step involves legal professionals who prepare and review all the necessary documents to officially transfer the home into your name. This is when you finalize your mortgage and sign the contractual papers. Once everything is signed and sealed, you’ll coordinate with your realtor to pick up the keys to your new home.

Wrapping Up

By following these steps, you can approach the 2024 home buying process with confidence. Remember, the key to a successful home purchase lies in preparation and professional guidance. If you’re starting from scratch and need to find trusted professionals like a mortgage broker or real estate agent, feel free to reach out for recommendations.

Embarking on your home buying journey? Ensure each step is carefully planned and executed, and you’ll soon be holding the keys to your new home!

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