I was out this weekend showing buyers around who eventually ended up getting a place they absolutely loved.
It made me think this would be a great opportunity to help anyone out looking to get in on Vancouver’s Hot Market (especially if you are just starting out)
#1 Get your financing sorted ahead of time so you are able to make a decision quickly if your dream property comes up!
Multiple offers can happen and quite often the people who have all of their ducks in a row have a better chance at being accepted first.
#2 If you find a home that you love that ticks all of the boxes you were looking for… GO FOR IT!
Knowing the area you want to live in, type of property (condo / house / townhouse) and a clear budget gives you the ammunition to make confident offers as you have a clear goal.
Once you have made a decision about what you are looking for don’t question yourself! Do the handwork before you go so you don’t get cold feed and end up regretting not putting an offer in!
Obviously there are other variables at play (other listings, will the market go up or down)
But ultimately if the place ticks all of your boxes (investment or for you to live in it) and your gut reaction is you love it - you absolutely should go for it.
Even if the market moves slightly - but if you truly love the place and will have it for the next 10-20 years the happiness you will get from being in that place will far outweigh small variance in price you may see.
With the recent foreign buyers tax (15%) that has hit Vancouver we are seeing a "slight" downturn in the market.
With that said it really means this is a great time to get hunting for a property (especially under 750K). Many people who were waiting on the sidelines this is your chance to hop in while the market is cooled.
Come October my gut feeling is things will be back to normal (summer tends to be a bit slower regardless).
Feel free to give me a buzz if you have any questions - I'm happy to chat about it!
Open House on Saturday, September 3, 2016 2:00PM - 4:00PM
BIG 1 bedroom open concept condo in the heart of Yaletown! This beautiful unit has no wasted space with it's great floor plan. Located on the quiet side of the building and boasts a huge master bedroom along with a den that's big enough to be considered a 2nd bedroom. Laminate floor throughout. Building is in great condition and offers lots of luxuries including gym/sauna. Close to all the amenities that Yaletown has become famous for including Emery Barnes park, the seawall and the dining/nightlife. Skytrain right around the corner. Yaletown living at its Finest! Don't miss out. Comes with 1 parking, 1 storage and pets/rentals are welcome. Over half a Million dollars in contingency fund!
Very spacious and fully renovated townhome with great layout! Makes a perfect family home or an awesome investment property! Big fenced in back yard, perfect for BBQs and lounging with friends. Renovations include laminate/hardwood floor throughout, kitchen with newer appliances, Italian ceramic tiles, light fixtures, skylight, high end washer/dryer & wood burning fire place. Close to all the amenities that you could need including SFU, shopping & schools. Public transit located right outside. Rentals not at max and still available. Comes with 1 parking and pets are welcome. Don't miss out. Open Sat/Sun Aug 20 & 21 2-4pm.
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