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  1. HomeEquity Bank announces sale of reverse mortgage portfolio loans

    Schedule 1 Canadian bank buys reverse mortgage portfolio Kimberly GreeneMortgage Broker News HomeEquity Bank has announced that it has sold about $75 million of reverse mortgages to another Schedule 1 Canadian bank. This is the first-ever sale of reverse mortgages by HomeEquity Bank and the first such transaction in Canada involving reverse mortgages. One of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-12-2019
    Real Estate Related

  2. Think safety first over the holidays

    Put safety first and be mindful of others during holidays Tony GioventuThe Province Dear Tony: Our strata corporation has been having the “ban live-cut Christmas trees” debate for several years, without much success. Every year, there is at least one owner or tenant who abandons their dead tree in the parking garage or rams it […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-12-2019
    Strata Information

  3. Winding up a Strata corporation – legal precedent

    Strata Termination Update Mike ManganBCREA A year ago in Legally Speaking No. 509, I described two Supreme Court of British Columbia cases that addressed whether a strata corporation must first pass an 80% vote (sometimes called a “winding-up resolution”) before strata council may list the whole complex for sale with a brokerage or enter a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-12-2019
    Real Estate Related

  4. Winding up a Strata corporation – legal precedent

    Strata Termination Update Mike ManganBCREA A year ago in Legally Speaking No. 509, I described two Supreme Court of British Columbia cases that addressed whether a strata corporation must first pass an 80% vote (sometimes called a “winding-up resolution”) before strata council may list the whole complex for sale with a brokerage or enter a […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-12-2019
    Real Estate Legal Articles

  5. Vancouver approves first moderate-income rentals

    Moderate Income Rental Pilot Program building two projects Steve RandallREP The City of Vancouver has approved the first two projects under its Moderate Income Rental Pilot Program (MIRHPP). The first will deliver 96 much-needed rental homes with 19 at below-market rates and 35% suitable for families. The second will provide 82 homes with 18 at […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-12-2019
    Real Estate Related

  6. Demand for Fraser Valley homes poised to swell

    Fraser Valley is expected to continue being a buyers’ market Gerv TacadenaCanadian Real Estate Wealth Fraser Valley is expected to continue being a buyers’ market next year as more millennial first-time buyers commence their home purchase, according to the latest outlook from RE/MAX. RE/MAX said Fraser Valley’s population growth will continue to have the most […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 17-12-2019
    Real Estate Related

  7. What?s New in Speculation and Vacancy Tax

    Updates to speculation and vacancy tax information are posted here. other The speculation and vacancy tax website has been updated to: Clarify that spouses declare as individuals not as a partnership Clarify how the 10-year period applies in the away from home for other reasons principal residence exemption Clarify exemptions, including the secondary residence exemptions, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-12-2019
    Real Estate Related

  8. Westbank founder calls out Vancouver’s “high level of mediocracy”

    Vancouver has attracted global wealth despite many of its buildings falling short of the wow factor Steve RandallCanadian Real Estate Wealth Vancouver has attracted global wealth despite many of its buildings falling short of the wow factor according to a major developer. Actually, Westbank Corp. founder Ian Gillespie’s words leave no doubt as to his […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-12-2019
    Real Estate Related

  9. Middle-income renters to get supply boost in Langley

    A partnership between British Columbia and Century Group will see almost 100 rental homes built in Langley Steve RandallCanadian Real Estate Wealth A partnership between British Columbia and Century Group will see almost 100 rental homes built in Langley for middle-income people. The province says that construction is underway on Solaro, which will provide 98 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 16-12-2019
    Real Estate Related

  10. Vancouver’s massive Squamish Nation development exempt from foreign-buyer tax

    Squamish Nation development doesn?t answer to the government Frank O’BrienWestern Investor A December 10 vote among 827 members of the Squamish Nation has put in motion the largest residential development in Vancouver, which could include the tallest towers in the city. Being built on First Nations reserve land, homes at the 6,000-unit project are exempt […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 15-12-2019
    Real Estate Related
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