Vancouver Real Estate Update August 17, 2006

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The Harris Team – Weekly Real Estate Update August 17, 2006
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One major change that I’ve noticed in the last couple of weeks has been ‘subject to sale’ clauses making it into contracts of purchase and sale. This is where the buyer owns a home that is currently listed for sale and the purchase of their new home is contingent upon the sale of their old one. In the last two years, there was no reason for a seller to accept that kind of clause, simply because other buyers were coming in with no subjects or limited subjects (such as only subject to financing).

What this means for you as a buyer or seller is that there is now more time to find the home that really fits, and if you need to sell your home before you can buy, now is the time to do it. Our job is to make sure that all the dates coincide and your move is an easy and fast one.

Call us for a free consultation,

D'Arcy R. Harris
Listing Coordinator, the Harris Team
Tel: (604) 771 1637
Fax: (604) 488 0885
Sutton Group - Westcoast Realty
darcy@darcyharris.com
http://www.vancouverrealestateinfo.ca/

P.S: Sign up for a home evaluation, with absolutely no obligation!

P.P.S: I supply this information to you free of charge and without obligation in the hope that when you do decide to buy or sell your home, you’ll call the Harris Team to help make it a reality.

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Current Listings:
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1bd/1 bath in a great area of White Rock. Quiet and charming 1 bed/1 bath in THE EMBASSY. This is a problem free building close to shopping, restaurants, hospital and the beach. Comes with a hot tub, exercise room and a guest suite. It’s on the ground floor but is only accessible through the lobby for added security. Easy to show, call or email me for a private viewing or meet me at the open house this Saturday from 2-4 pm. The owners are motivated to sell!

For more information and photos of this property please Click Here.

Today, my listing in New Westminster hit the market and the phones have been ringing off the hook. There are few places like this one that are under $200,000 anywhere in the GVRD. If you like 18 ft. ceilings, open kitchens and private roof top patios, then this is the place for you.

First open house is Sunday from 2-4 pm. Call or email for a showing. Click here for more information.

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Success Story: Renegotiation
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Congratulations to Y. and I. who closed on a nice 1 bedroom and den apartment in Richmond. This deal is proof positive that negotiations never end. When we discovered a future assessment for $8,000 coming down the road in 2008 after reading the strata minutes, they didn’t drop out of the running, but instead we negotiated a new price.

Yes, if you discover something after getting an accepted offer you can renegotiate based on the new information. Congratulations to you both.

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From the News:
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Home Sales Remain Steady in July
“With many consumers on vacation, July typically marks the beginning of a slower summer period for the real estate market,” says BCREA President Kelly Lerigny. “2005 was a record year for real estate in BC, which is important to remember when making year-over-year comparisons. Unit sales figures for July 2006 were more closely aligned to those seen in 2004, which may be an indication of a return to more moderate conditions within the market.”
Read more: http://www.bcrea.bc.ca/news_room/2006-07.pdf

Reasons Not To Buy a Home Formerly Used For Growing Marijuana InA real estate agent in Quebec, Canada may lose her license because she made a business out of selling these homes and not disclosing it to the potential buyers. Could you imagine that on the disclosure form? Central heat, check, Basement, check, Pot Farm, Check. Yikes!!!

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Weekly Real Estate Listings
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These are ALL the current listing out right now; in fact, some of them are so new they’re not even posted on Realtylink ors MLS.ca. Want to get them before they’re even in the newsletter? Sign up for the VIP Buyers Program.

If they don’t load, cut and paste the links into your browser. If you want more information about the listings, reply with the MLS number and your availability and I’ll set up a showing.

Vancouver Lofts

Vancouver Investment and Revenue Properties

Vancouver House Foreclosures:

Vancouver Apartment Foreclosures

Are you calling the listing agent directly? You should be working with a Buyer Specialist; we’ll do all the work and won’t charge you a nickel. Simply reply to this email and we’ll contact you within 24 hours!

I could also have them emailed to you ASAP rather than weekly, sign up for the VIP Buyers Program to learn more about our personalized services.

And please remember, I supply this information to you free of charge and without obligation with the hope that when you do decide to buy or sell your home, you’ll call me to help make it a reality.

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Insider Secrets Revealed:
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Is there anything specific you’d like to see in the newsletter? Let me know by replying to this email!
Each month, I publish a series of articles of interest to homeowners – money saving tips, household safety checklists, home improvement advice, real estate insider secrets, and much more that DOESN’T fit in this newsletter: Click Here.

Would you like to have access to all the new listings that match your home buying criteria, including area, price range and style of home, emailed to you directly? Tired of leafing through hundreds of listings to find what you’re looking for? This is a free service and will allow you to view only the homes that you're interested in seeing. Become a Vancouver Real Estate VIP Buyer and beat other buyers to all the hot new listings.

Wondering what your home is worth? Probably more than you think! Find out with an Over the Phone Market Evaluation.

If you to sign up to receive this blog directly, please Click Here.

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Zoning Introduction
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Check out this very cool map of Vancouver showing the zoning of each neighbourhood: http://www.city.vancouver.bc.ca/commsvcs/currentplanning/coloured_zoning_map.pdf

Then check out this one to understand what the zoning codes mean: http://www.city.vancouver.bc.ca/commsvcs/planning/ZONING.HTM

For more real estate statistics, Click Here

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Community Corner:
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The Weekly Real Estate Update goes out to over 2500 people a week, and would be a great place to get some attention for your community event. So feel free to email me and I’ll put it here free of charge. Just another way of thanking you for your business…

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Contact Info:
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If we do all this for free, imagine what we do when we’re working together!

I invite you to forward this newsletter on to your friends and family. If you are receiving this newsletter from someone else and would like to sign up to receive it directly, please Click Here.

Comments and suggestions are always welcome, thanks for reading!

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