By: Jeffrey Sefton

The Fall Market Has Arrived - Market Update Sept 2018

Tags: real estate, fall market, fall real estate market, residential market, market update

The fall market has arrived and it's a different market from last year at this time.  The current trend is towards a balanced market and one where multiple offers and offers without subjects are no longer the norm. The new normal is subject offers and in some cases sellers entertaining offers that are subject to the sale of the buyers property.  Having said...Read More

Property Transfer Tax

By: Jeffrey Sefton

Property Transfer Tax

Tags: property, transfer, tax, property transfer tax

The property transfer tax is one of the costs to be considered when you are purchasing a home.  Whether it be a house, townhouse or condo when a residence is purchased in British Columbia a Property Transfer Tax (PTT) is applied and payable by the home buyer. The tax is calculated at 1% on the first $200,000 and 2% on the portion of the fair market value greater than $200,000 and up to and i...Read More

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