Buying a new home before selling your current one can be a smart move, but it comes with its share of risks and planning. If managed carefully, this strategy can help you secure your dream home without feeling rushed to sell. Here's how you can minimize financial strain and navigate this approach with confidence.

1. Understand Your Financial Situation Before making any moves, assess your financial health. Calculate your home equity and understand how much capital you can access from your current property. If most of your equity is tied up in your home, you might need alternative financing solutions like a bridge loan or a home equity line of credit (HELOC).

2. Explore Bridge Financing Bridge loans are short-term financing options that help cover the gap between buying your new home and selling your old one. This can provide the funds needed for a down payment while you wait for your current home to sell. However, bridge loans come with higher interest rates, so they should be used strategically.

3. Get a Home Equity Line of Credit (HELOC) A HELOC allows you to borrow against your current home's equity, often with lower interest rates than bridge loans. This revolving credit line can be a flexible way to fund your new purchase while you prepare your home for sale.

4. Secure a Solid Pre-Approval Before buying, work with a trusted mortgage broker to get pre-approved for a mortgage on your new home. A strong pre-approval not only clarifies your budget but also gives you a competitive edge in the market.

5. Hire a Skilled Realtor Partnering with an experienced realtor can make all the difference. A professional can help you price your current home competitively for a quicker sale and negotiate favorable terms on your new purchase, such as extended closing dates.

6. List Your Current Home Strategically Even if you haven't sold your current home, preparing it for sale is crucial. Declutter, stage, and ensure professional photography is done in advance. Consider listing your home once you've found your new property to minimize the time between transactions.

7. Be Prepared for Carrying Two Mortgages If your current home doesn't sell immediately, you may need to carry two mortgages temporarily. Ensure you have a financial buffer in place to manage this scenario without significant strain.

8. Consider Selling with a Sale Contingency In some cases, you can negotiate a sale contingency where your offer on a new home depends on selling your current one. While less attractive to sellers, it can be a safer approach in a balanced market.

9. Plan for the Unexpected Real estate markets can shift, and timelines can change. Build flexibility into your plan, and have a backup strategy, such as renting your current home temporarily or adjusting your purchase timeline.

10. Seek Expert Guidance Buying before selling can be a complex process, but with the right team on your side, it becomes manageable. Consulting with a knowledgeable real estate professional can help you make informed decisions and minimize risk.  

Selling an equestrian property involves more than listing it on the market. Buyers are looking for not just a home but a fully functional lifestyle property. Preparing your acreage to showcase its full potential can make a significant difference in both the sale price and time on the market. We've curated a comprehensive checklist to help you prepare your equestrian property for a successful sale.

1. Enhance Curb Appeal

First impressions matter. Start with the exterior:

• Mow pastures and trim overgrown hedges.

• Repaint or power wash fencing.

• Clear driveways and parking areas of debris.

• Ensure the entrance gate is clean and functional.

2. Maintain Stables and Barns

A well-kept barn speaks volumes about the care of the property:

• Clean stalls thoroughly, including walls and floors.

• Repair or replace broken stall doors, latches, and fixtures.

• Organize tack rooms and storage areas.

• Ensure proper ventilation and lighting in barns.

3. Assess Fencing and Paddocks

Safe, secure fencing is crucial for equestrian buyers:

• Repair or replace damaged fencing.

• Ensure all gates are functional and secure

4. Highlight Riding Facilities

Buyers will be interested in the quality of the riding facilities:

• Harrow arenas, ensuring proper drainage and footing.

• Maintain any round pens or lunging areas.

• If applicable, showcase cross-country courses or trail systems.

5. Prepare the Home

The residential aspect of your property matters too:

• Declutter and stage the home for showings.

• Address any necessary repairs, such as leaky faucets or peeling paint.

• Deep clean all living areas, including windows and carpets.

• Consider neutral decor to appeal to a broader audience.

6. Showcase Equestrian Amenities

Highlight the unique features that make your property stand out:

• Wash racks, grooming stalls, and feed rooms.

• On-site vet areas or quarantine spaces.

• Access to bridle paths or nearby riding trails.

7. Provide Maintenance Records

Transparency builds buyer confidence:

• Prepare records for barn maintenance, fencing upgrades, and any major repairs.

• Include veterinary history for the property’s past use.

8. Market the Lifestyle

Help potential buyers envision the lifestyle your property offers:

• Capture professional photos and videos showcasing all aspects of the property.

• Emphasize proximity to equestrian events, clinics, or training facilities.

• Highlight the peaceful, rural lifestyle with acreage benefits.

9. Work with a Real Estate Professional

Selling an equestrian property requires specialized knowledge. Working with a realtor who understands the unique needs of equestrian buyers ensures your property is marketed effectively to the right audience.

Final Thoughts

Proper preparation can make all the difference in selling your equestrian property successfully. By following this checklist, you’ll be able to present your property in its best light, attract serious buyers, and maximize your sale potential.

Looking to sell your equestrian property in the Fraser Valley? Contact Tamara Baltic for expert guidance and personalized service in showcasing your unique home.

Finding the right school for your children is a top priority when moving to a new home. Langley and the surrounding areas offer a wide range of exceptional educational options, making it an ideal location for families seeking quality education along with beautiful homes. Here's a guide to some of the best schools in the region to help you make an informed decision for your family's next move.

Top Public Schools in Langley

Langley School District (SD35) is well-known for its commitment to student success and innovative learning programs. Some of the standout public schools include:

• R.E. Mountain Secondary School: Known for its International Baccalaureate (IB) program, this school offers a challenging curriculum for high-achieving students.

• Langley Fine Arts School: This unique K-12 school provides specialized education in dance, drama, music, and visual arts.

• Gordon Greenwood Elementary: Recognized for strong academic performance and a supportive learning environment.

• Brookswood Secondary: Offers an Equestrian program for those students involved with, or wanting to learn more about horses, and the different disciplines involved.  

Best Private Schools in Langley

If you're seeking a private education, Langley offers several highly-rated independent schools:

• Langley Christian School: A top choice for families seeking a faith-based education with strong academics and extracurriculars.

• Fraser Valley Elementary School: Offers a personalized learning approach with smaller class sizes and a focus on hands-on learning.

• Credo Christian High School: A respected private school known for its values-based education and excellent graduation rates.

Top Schools in Surrounding Areas

For those considering nearby communities, here are some excellent options:

• Clayton Heights Secondary (Surrey): Known for its modern facilities and strong athletic programs.

• Meadowridge School (Maple Ridge): An IB World School providing rigorous academics from K-12.

• Southridge School (Surrey): A leading independent school with outstanding arts and STEM programs.

Factors to Consider When Choosing a School

When selecting a school for your family, consider the following factors:

• Academic Programs: Look for specialized programs like IB, French Immersion, or Fine Arts.

• Proximity to Home: Reducing commute times can enhance your family's quality of life.

• Extracurricular Activities: Ensure the school offers programs aligned with your child's interests.

• School Rankings and Reviews: Review school performance metrics and parent feedback.

Finding the Perfect Family Home Near Top Schools

If living close to excellent schools is a priority, I can help you find the perfect family home in Langley or nearby communities. As a local expert with 15 years of experience in the Fraser Valley real estate market, I can guide you through finding a home that fits your lifestyle and educational priorities.

Reach out today for personalized real estate advice and let me help you find a home where your family can thrive both academically and personally.

Tamara Baltic & Associates – Specializing in Acreage, Equestrian, and Luxury Properties in Langley and the Fraser Valley.

If you've ever dreamed of owning a property where you can wake up to the gentle sounds of horses and the beauty of wide-open spaces, an equestrian property might be the perfect fit for your lifestyle. But before you make the leap, there are several factors to consider to ensure this unique type of real estate aligns with your goals, lifestyle, and investment plans.

What Is an Equestrian Property?

An equestrian property is a home with facilities designed to accommodate horse care, training, and riding. These properties often include barns, stables, paddocks, riding arenas, and ample pasture. Some are set up for personal use, while others are fully equipped for professional equestrian operations, such as boarding, training, or events.

Key Benefits of Owning an Equestrian Property

1. Space and Serenity: Equestrian properties typically offer expansive acreage, providing privacy and a peaceful rural atmosphere perfect for horse lovers and nature enthusiasts.

2. Built for Horse Care: These properties are specifically designed with equine needs in mind, making horse care easier and safer with features like proper drainage, fencing, and shelter.

3. Income Potential: If you're open to boarding horses or offering riding lessons, your equestrian property could generate additional income.

4. Lifestyle and Hobby Fulfillment: For passionate riders and horse owners, an equestrian property allows you to fully immerse yourself in your hobby without needing to travel to a boarding facility.

Things to Consider Before Buying

1. Your Experience Level: Are you experienced in horse care, or will you need additional support? Equestrian properties require a good understanding of horse management, or you may need to hire help.

2. Property Size and Layout: Consider the amount of land needed for your horses to graze and exercise safely. Ensure the layout is functional, with proper fencing, footing and access to water.

3. Zoning and Bylaws: Confirm local zoning regulations to ensure the property is legally suited for keeping horses and, if desired, running an equestrian business.

4. Maintenance Requirements: Owning an equestrian property involves regular maintenance, from pasture management to equipment upkeep and barn cleaning.

5. Accessibility and Location: Proximity to veterinarians, feed suppliers, and riding trails can greatly impact convenience and long-term satisfaction.

Who Is an Equestrian Property Best For?

• Horse Enthusiasts: Perfect for those who want to keep their horses on-site and be hands-on with daily care.

• Competitive Riders: If you compete regularly, having a home arena or training facilities can be highly beneficial.

• Equestrian Professionals: Ideal for trainers, riding instructors, and those looking to run a boarding or training business.

• Nature Lovers: Even if you don't own horses, the expansive acreage and scenic beauty can make equestrian properties attractive for those seeking rural luxury living.

Is It a Good Investment?

Equestrian properties can be excellent long-term investments, especially in areas with a strong demand for horse facilities. However, they require careful financial planning due to ongoing maintenance and operational costs. Working with a real estate professional experienced in equestrian properties can help you assess value, zoning regulations, and future resale potential.

Ready to Explore Equestrian Properties in the Fraser Valley?

If you're considering an equestrian lifestyle or investment, I'm here to help you find the perfect property tailored to your needs. With my expertise in acreage and equestrian properties across the Fraser Valley, I can guide you through the entire process—from understanding local bylaws to finding a home that fits both you and your horses perfectly.

Reach out today to explore your options and make your equestrian dreams a reality!

On January 1, 2025, the B.C. government’s newest Homes for People Plan initiative, a house flipping tax, came into effect. The new tax is applicable to properties sold in BC after less than two years of ownership, subject to certain exemptions.

Imposed by the Residential Property (Short-Term Holding) Profit Tax Act (the “Act”), taxes owing from flipping a house can be as high as 20% of the profit if sold less than a year after acquisition. The house flipping tax applies to properties that were acquired at any time, meaning that even those houses purchased before January 1, 2025, are subject if sold before two years of ownership have elapsed.

Certain properties and circumstances are exempt from the tax, such as properties on First Nations reserve lands and transactions resulting from either divorce or the distribution of an estate, foreclosure sales and certain circumstances encountered in a development context. Certain exemptions apply automatically without the need to file a return, while others are only applicable after they are declared on a return. Homeowners should be prepared to corroborate their claim of any exemption, per the Act.

A seller must file a tax return within 90 days of their sale if:

• The property was owned by the seller for less than two years, or

• The seller is claiming an exemption which must be declared on a tax return.

Homeowners should speak to an experienced Real Estate lawyer or accountant for advice on calculating how long they have owned their homes for as well as qualifying for deductions or exemptions from the tax.

When contemplating the sale of our homes, it's common to think, 'I'll wait until the spring. My home looks so much better in the springtime.' But what if we told you that listing your home in January or February in the Lower Mainland can be just as picturesque and lucrative?As potential buyers brave the cold to discover their dream home, ensuring that your property makes a distinctive impression is paramount.  Here are eight ways to make your home shine during the winter months:

1. Winter Curb Appeal

Craft a lasting first impression by elevating your home's curb appeal. Clear driveways and walkways of snow and ice, embellish with winter-friendly plants or decorations, and ensure your exterior lighting is impeccably maintained, creating a warm and welcoming entrance. Mend any broken roof shingles, fix leaky gutters, and ensure the exterior paint looks flawless.

2. Cozy Interiors

Opt for warm and neutral tones in decor, introduce plush blankets, and strategically place soft lighting to foster a comforting atmosphere. Encourage prospective buyers to picture themselves nestled by the fireplace during chilly winter evenings. Adjust the thermostat to a comfortable temperature before showings to leave a lasting impression.

3. Optimize Natural Light

In the midst of shorter days, natural light becomes a precious commodity. Enhance brightness by cleaning windows, trimming overgrown outdoor foliage that may obstruct sunlight, and strategically placing mirrors to reflect and amplify natural light throughout your home.

4. Winter-Friendly Features

Accentuate features that shine in winter to set your home apart. Ensure your fireplace is clean and functional, and highlight heated flooring, a hot tub, or a well-insulated attic. These winter-friendly attributes enhance your home's appeal during the colder months.

5. Seal the Winter's Whispers

Cold drafts can sway potential buyers away. Seal gaps around windows and doors to ward off heat loss. Considering installing weather stripping, an aesthetic and functional touch that amplifies insulation and keeps your home warm and toasty during showings.

6. Navigating Winter Waters

Winter's icy breath may bring plumbing challenges. Vigilantly inspect for leaks, mend dripping faucets, and insulate your pipes. Beyond averting issues during showings, a well-maintained plumbing system becomes a testament to your home's overall condition, reassuring potential buyers.

7. The Palette of Renewal

Investing in quality paint not only enhances the visual appeal of your home but also offers one of the best returns on investment for home renovations. This rejuvenating touch not only revitalizes your space but also invites potential buyers to imagine their own style seamlessly blending with the canvas of your home.

8. Photographic Brilliance

Invest in top-tier, professional photography that captures your home in its winter glory. Bright, well-lit photos with sharp and clear images make your listing stand out online, attracting potential buyers actively searching during the winter months.

By taking the time to ensure your home not only appears stunning online and in real life, and by addressing these essential repairs, you're setting the stage for a smoother sale by offering peace of mind and pride of home ownership to potential home buyers.

Did you know that if you don’t adapt to today’s real estate market, you could potentially lose thousands—or even hundreds of thousands—without realizing it? And once those opportunities are gone, they’re gone for good.

If you’re over 60 and thinking about selling your home in the Fraser Valley, this is your chance to get it right and sell for top dollar. In this post, I’ll walk you through the crucial changes in today’s market that you need to know. These insights could make all the difference when selling your home.

Moving is Tough—Especially When You’re Over 60

Let’s face it, moving is never easy, but when you’ve lived in your home for decades, it can feel even more overwhelming. Your home is where you’ve raised your family, made memories, and shared countless moments with friends. The emotional attachment is real, and I completely understand—it’s hard to even think about letting go.

But here’s the deal: today’s real estate market is nothing like it was 20 or 30 years ago. If you try to sell the same way you did back then, you could be leaving a lot of money on the table. What worked in the past doesn’t work anymore, and that’s why it’s crucial to adjust your approach.

A Story of Change: Bill’s Experience

Let me share a story about a client I’ll call Bill. Bill and his wife had lived in their home for nearly 30 years. Like so many of you, they had built a lifetime of memories in that house. But when it came time to sell, they found themselves overwhelmed by just how much the market had changed.

Bill thought the strategies that worked decades ago would still get him the best price. However, that wasn’t the case. He needed to adjust his approach—and fast. I’ll return to Bill’s story shortly, but first, let’s dive into the 10 most important things you need to know if you’re over 60 and thinking about selling your Surrey home. These tips made all the difference for Bill, and they could do the same for you.

1. Buyers Today Are Not Like You

Let’s be honest: today’s buyers are different. They’re younger, more tech-savvy, and they know exactly what they want. If your own kids were to walk into your home today as buyers, what would they see? Would they notice the charm and character, or would they be put off by what’s outdated or in need of repair?

Buyers today are likely to notice the latter. Start by fixing those little maintenance issues now. Buyers don’t have the time or energy to deal with repairs, and too many visible problems could cause them to either offer less money—or worse, walk away entirely.

2. Pricing It Right From the Start

Speaking of money, pricing your home correctly from the start is more important than ever. Buyers today don’t waste time, and if your home is priced too high, they won’t even give it a second look. They’re comparing prices online, and they know exactly what’s fair.

Bill’s story comes into play here. When we first listed his home, he wanted to price it higher than I suggested, thinking he could negotiate down. But that strategy doesn’t work anymore. After a few weeks of no showings, we had to adjust the price, and then things quickly started to move.

3. Inspections Can Make or Break the Deal

Once you’ve got your pricing right and some interest from buyers, be prepared for inspections. Even if your home is in great shape, inspectors will always find something—that’s their job. Expect this and don’t get emotional when buyers ask for a few repairs.

Sellers can sometimes get too emotionally invested at this stage, but it’s important to keep your emotions in check. A few small repairs can keep the deal moving forward and avoid derailing the sale.

4. Managing the Emotional Toll of Selling

This isn’t just about a house—it’s about where you raised your family, made memories, and built a life. The emotional side of selling can be tough, but it’s important to focus on why you’re moving. Maybe it’s to downsize, move closer to family, or simplify your life. Keep that front and center to help you get through the emotional challenges.

Take your time packing—one room at a time. There’s no need to overwhelm yourself by doing everything at once.

5. Decluttering: No One Wants Your Stuff

As you’re packing, it’s time to talk about decluttering. The reality is, nobody wants your stuff—not your kids, and not the buyers. It’s hard to let go of things you’ve kept for years, but trust me, the less clutter you have, the better your home will show to potential buyers.

If you need more guidance, I have an entire video dedicated to decluttering that you can check out.

6. Staging and Professional Photos Are Non-Negotiable

When it comes to showing your home, staging and professional photos are a must. Buyers are scrolling through listings online before they even think about visiting a home in person. Your first showing is happening virtually on their phone or computer, so your home needs to look great in those photos.

Consider staging your home to make it more appealing to buyers and give the walls a fresh coat of neutral paint if needed.

7. The Right Real Estate Agent Will Save You (or Cost You) Thousands

Hiring the right real estate agent is critical. Don’t just go with someone you know, or someone who’s been in the business forever. You need an agent who understands today’s market and has the tools to sell your home in a competitive environment.

Back to Bill’s story—after adjusting his price, we had multiple offers within two weeks. Sometimes, it’s about trusting your agent and adapting your strategy to the current market conditions.

8. Timing Is Everything—But Don’t Wait Too Long

Contrary to popular belief, you don’t need to wait until spring to sell your home. If the market is right, list it when you’re ready. In fact, listing in fall or winter can be advantageous since there’s usually less competition.

9. Start Early and Ask for Help

When it comes to moving, start early and don’t try to do everything yourself. Professional movers or senior move specialists can make the process easier. If you have family nearby, don’t hesitate to ask for help—they’ll likely be happy to assist.

10. Don’t Let Stress Cost You Money

Finally, don’t let stress cost you money. Selling your home can be stressful, but it’s important to manage that stress. Sometimes, accepting a fair offer and moving on is better than holding out for months, hoping for a higher price.

Wrapping Up

Selling your home when you’re over 60 can feel daunting, but with the right strategies and a good real estate agent by your side, you can navigate the process smoothly and sell for top dollar. If you have any questions or want to discuss selling your home, feel free to schedule a call with me. I’m here to help!