A new federal policy promises tax relief for first-time homebuyers purchasing new homes, with Vancouver’s presale condo market among the prime beneficiaries. Effective May 27, 2025, the Government of Canada will eliminate the Goods and Services Tax (GST) on newly constructed homes priced up to $1 million for eligible first-time buyers. Homes priced between $1…
What is the BC New Home Warranty? The BC New Home Warranty is a mandatory insurance program tailored to safeguard new home owners from potential construction defects in their new homes and presale condos. This program is managed by the BC government who does not provide the warranty. Warranties are provided by third party warranty…
Assignment Sale for a Presale Condo – Step by Step Guide Selling a presale condo assignment is very different than the process of selling an existing property. Below is a step by step guide on how to sell a pre construction condo in Greater Vancouver and across British Columbia, Canada. Before we discuss how to…
Condo Assignments in BC’s Presale Market Updated by Mike Stewart Vancouver Realtor on January 27, 2024 Across Vancouver and British Columbia, condo assignments remain a popular topic regardless of market conditions This article will delve into the intricacies of selling a presale condo in BC through assignments of contract, providing a comprehensive guide for potential…
Glossary of Real Estate Terminology Canada for Presale Condos Updated by Mike Stewart Vancouver Realtor March 3, 2025 Below you will find a comprehensive list of real estate terms for presale condos in British Columbia, Canada. We specialise in helping buyers of presale condos in British Columbia and have gathered these real estate terms from…
Why does finding the right real estate agent matter? Finding the right real estate agent will bring you the best result and get you where you need to go with the whole process. To get the best outcome, you need to hire the right people for you. Choosing someone you trust is very important, of…
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