Richmond, BC Real Estate News

By James Wong Vancouver Richmond, Chinese Realtor, Vancouver > Richmond
General description This townhouse complex is centrally located in the Richmond city center area. The complex is around 23 years old and there are just around 24 units in the above 3 addresses. The units are seldom available for sale. Each unit is consisted of around 1,500 square feet of living area with 3 bedrooms and 2.5 baths. The parking arrangement is one covered car porch and an adjacent “open” parking spot. The property tax for 2007 is around $1,600/$1,700 and the monthly maintenance is around $130.00. The strata management and general up-keep by the owners of 8431 and 8531 are excellent. You’ll be making an excellent choice in owning a unit at any of the above addresses. Price history: 2005 - $290,000, 2006 - $340,000 and 2007 - $385,000. If you like to find out more informatio...
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By James Wong Vancouver Richmond, Chinese Realtor, Vancouver > Richmond
General description This townhouse complex centrally located and within walking distance to the major amenities around Richmond city center. The complex is around 22 years old. This is a 2-level townhouse complex with average built-up area around 1,320 square feet of living area with 3 bedrooms and 1.5 baths. The parking arrangement is one covered car-porch and one open parking spot. The property tax for 2007 is around $1,740 and the monthly maintenance is around $178. This is a very desirable well-planned townhouse complex with wide open drive-way, very unique and strong curb appeal. Topping all these attractions, the home owners are friendly and take pride in their homeownership in this complex. Price history: 2005 - $310,000, 2006 - $370,000 and 2007 - $390,000 If you like to find o...
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By James Wong Vancouver Richmond, Chinese Realtor, Vancouver > Richmond
  General description This townhouse complex is conveniently located at the "Riverdale area" of West Richmond. The complex is around 27 years old and ideal for bring up a young family. Each unit is consisted of around 1,400 square feet of living area with 3 bedrooms and 1.5 baths. The parking arrangement is “open” and generally the parking spots for the owners are located in front of each unit. The property tax for 2007 is around $1,524 and the monthly maintenance is around $164.00. The townhouse complex is located in Richmond’s “Riverdale” area. Access to the townhouse complex from the city is via Westminster Highway and No. 2 Road. Both elementary and secondary schools are within a short walk from the townhouse complex. Price history: 2005 - $285,000, 2006 - $345,000, 2007 - $370,000...
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By James Wong Vancouver Richmond, Chinese Realtor, Vancouver > Richmond
Terra Nova, Richmond B.C. is centrally located and within minutes from Vancouver's International Airport, 30 minutes from Downtown Vancouver, and 25 minutes from the US border. History: This is a newer residential development in Richmond that was developed from previously agricultural zoned land parcels about 18 years ago. Both elementary and secondary schools are within a short walk from the Terra Nova neighborhood. A strip shopping plaza was built about 10 years ago to cater to the residents around this neighborhood. Terra Nova is a newer Richmond community situated at the north west corner of Richmond. With an abundance of modern recreation facilities and neighbourhood parks, extensive system of scenic trails, cycling routes, and walking paths, all contribute to a healthy active com...
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By James Wong Vancouver Richmond, Chinese Realtor, Vancouver > Richmond
  Should a home buyer seeks a Realtor Buyer Agent to represent him? When a home buyer has a realtor as his Buyer Agent representing him in the negotiation of an agreement of purchase and sale, he has the full fudiciary and legal duty of the realtor. The buyer’s realtor is looking out for the best interests of the buyer, and he is not legally obligated to the seller in any way. The level of service a Buyer Agent provides to a home buyer can be from the basic negotiation for the purchase of a home. Or, it could be a full start-to-finish service in searching, showing, negotiating and arranging home financing for a home buyer. Ultimately, it’s how much time and efforts that a Buyer Agent has to spend in his engagement in helping a home buyer. The cost of engaging a Buyer Agent should be cl...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada -These days, renters and first-time home buyers are amazed to find out that one can actually own a home with as little money as possible. Of course, it's been known to many prospective home owners that there's such a thing as zero down or five percent down payment based on approved credit.With the advent of better financing programs, owning a home in BC, Canada, specifically, has become easier today. The extended amortization period of up to 480 months (40 years), will actually reduce the monthly payment of borrowers. In essence, home renters can enter the housing market by converting their rental payments into mortgage payments.Although home buyers will have to consider some costs involved, such as legal, property tax, transfer tax and home improvemen...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Living in the central part of the city is an obvious advantage. Not only does one have an access to convenience, dining, recreation and parks but also proximity to transportation.Central Richmond, for example, has attracted many home purchasers in the city of Richmond, especially the first-time home buyers. Streets like Minoru, Moffatt, No. 3 Road, Westminster Highway, Saba Road, Cook Road, Buswell, Park Road, Bennett, General Currie and Granville Avenue have been the target location of many home shoppers.A first-time home buyer, renter or investor can still afford a one-bedroom apartment unit in the range of CAD189K to 225K.
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - If you are trying to search for a place to live in Richmond, BC, it is ideal to find an apartment unit that is accessible to commercial establishments, convenience stores and shopping mall like Lansdowne Centre. Although, many units are for rent, some apartments may be available for sale. A few of the streets located in the area of Lansdowne Centre are Ackroyd Road, Cooney Road, Arcadia, Alderbridge, Kwantlen Street, Alexandra, Hazelbridge, Leslie Road and of course Lansdowne Road.Whether you are first-time home buyer, renter or investor you can still find a one-bedroom apartment unit in the range of CAD179K to 199K.
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
British Columbia, Canada - Have you been renting for a long time? Haven't the thought of owning a home occurred to you?Shelter as we all agree is the most basic need in human's existence. In fact, regardless if you rent or own your home, you are putting nevertheless a portion of your hard-earned income to meet our dwelling need. That is why, more people are still fascinated with the idea of home ownership. Not to mention, the leverage and advantage of getting top dollar value through home equity, putting the home owner in a better position as far as buying power is concerned. Before one initiates looking for a home, purchasers are advised to look at their financial health. Asking the following questions: "How much can i/we afford? How's my credit score? Assets? Liabilities? What are the...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
It is interesting to note that on March 30, 2007, Canada Mortgage and Housing Corporation (CMHC) has launched a program for people doing business for self (BSF), called"Self-Employed Simplified".This means that borrowers with good credit history, minimum two years in same type of work and no income tax arrears, can now apply for up to 95% financing for purchase and up to 90% for refinancing.While home buyers (permanent residents including citizens and immigrants as well as newcomers to Canada), who are employed can qualify for: Flex Down (90-95% financing and Flex 100 (95-100% financing) For more useful information, please visit www.cmhc.ca
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond BC Canada - In this consumers' world, real estate and mortgages like any other products or services are geared toward satifying clients' needs. In fact, every marketing effort of every real estate professional is focused on listening and seeing to it that every question a buyer or seller has is somehow answered, or if possible referred to, through network of licensed professional referrals: realtors, mortgage brokers, lawyers, accountants, appraisers, home inspectors, interior decorators, electricians and host of other professionals.Real estate is a complex world in terms of the process of buying and selling. It is imperative that clients seek independent advice. In BC for example, consumers are invited to visit the realtylink.org to get some particular real estate information....
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, BC, Canada - Searching for properties via internet is the "in thing" today. In fact, some people would rather look up various real estate web sites prior to deciding and working with a realtor. And why not? Almost everyone has access to the net. Gone are the days when buyers will have to seek information via the long route.This avenue doesn't just benefit the general users but the realtors as well. Sellers are given information by their listing realtor as to how the home will be marketed. Property listings are popularly promoted through the MLS (Multiple Listing Service), interactive agent's networks and brokers'/realtor's individual web sites. Co-operating realtors are then presenting any of these listings to their clients.Among the real estate networks in the net, I find Act...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - This is the second part of the article I've written in my last post: "First Step to Owning a Home in BC, Get Pre-Approved!" Dominion Lending Centres in Canada had released through DLC News, an interesting article on mortgage which tackles about how mortgage industry in the US and Canada are doing and what the US mortgage brokerage business success meant to the Canadian public. The United States mortgage industry and public in general, can take pride in knowing that about eighty five percent (85%) of all mortgages are processed through a mortgage broker. This indicates that majority of the homeowners and buyers are educated enough about the convenience of going through their brokers. They understand the process and benefits that go by consulting a bro...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - The first-time home buyers are almost always enthusiastic and excited about the fact that perhaps by viewing different homes or hopping from one house to another, could be a good start to having an idea what sort of home they can invest or live in. I don't have anything against this step. After all, there may be some people who could afford to put down a good and substantial initial outlay on the property they are buying. I guess, the idea here is, as long as you are doing financial self-assessment, you know where you are at and what your options are.However, there are some people, with good credit score, but may not realize how much they can afford or whether they qualify. Sometimes, one couldn't help but wonder, "Could I really afford to buy that h...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Good news for anyone who has been fascinated by the convenience and positive ambience of the Central Richmond, Greater Vancouver, BC.Our company Multiple Realty had just listed a one-bedroom apartment in the popular Brigantine Square. Hence, the invitation goes to anybody to see the opportunity to own, live or invest in this very well kept property in the heart of Richmond.An excellent investment indeed as it is for sure a prime location and few steps to amenities like exercise/recreation room and sauna/steam room. Not to mention the proximity benefits which include shopping mall (Richmond Centre), Minoru Park, public swimming pool, library, schools, transportation and more... 
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Home selling could be as rewarding as home owning. However, reasons and decision-factors vary. When you own a property, some of the significant motivations for buying are: pride of ownership, investment value through equity and freedom from dealing with landlords. While some of the reasons for putting your home on the market could be: relocation or move, availing funds through equity or change in marital status. Of course, other personal reasons may exist. Apparently many people find home selling to be a critical, tedious, long process to go through. It may be a difficult territory as there are certain questions to ask that one may not be familiar with. One couldn't just depend on others who are not real estate experts for specific information. Helpi...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Much appreciation is extended to the prime movers of this Real Estate Network Active Rain. Not only that it inspires real estate industry professionals but opens a great avenue to avid readers and fanatic users.It's true that eversince the world of blogging began, one of the problems writers do face is what sort of topic to start with and explore, to stimulate others to respond or encourage discussion. Sometimes, one could get caught up with not much to say. Although there's that voice within you that tells you want to write. If you go online and start searching for sites that offer blogging, you will end up with quite a number of sites that host blogs. The question though is, "Is this the right place...? Will my target readers be interested in...? A...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Wanna be up-to-date on real estate "What's in or What's up"?Here are some interesting sources of real estate news and current events, including some beneficial tool in marketing and promotion. If you haven't been to the following Real Estate Media:*     *Frog Pond, Inman News,  International Real Estate Digest, Real Estate Magazine (REM), Realty Times, you can visit http://vancouverpropertynews.wordpress.com/ and click on these Real Estate Web Links, or type these in your favorite search engines to lead you directly through their sites.*Note that this article is just for information purpose only and does not necessarily endorse any of the above media. 
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Here's a brief compilation of web resources useful for anyone interested to learn about the different facets of real estate in Canada.  Web Links to Canada & Greater Vancouver Real Estate can be browsed through: http://vancouverpropertynews.wordpress.com/real-estate-web-links/The following is a list of various BC Canada real estate regulatory bodies or organizations that will help the consumers, investors and practitioners alike in many aspects of real estate transactions:Appraisal Institute of Canada, BC Online, Canadian Association of Home Inspectors, Canadian Home Builders Association, Canadian Real Estate Association, CMHC Housing Info Centre, Consumer Site - Property Listing Search, Home Owners Protection Office, Landcor (Property Appraisal Serv...
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By Sheila Atienza, Book Author/Content Creator
(Privilege Digital Media)
Richmond, British Columbia, Canada - Let me join everyone in welcoming the year 2007!It's the first day of the brand new year. I recall one striking mind principle which goes like:"We are what we think we are...Whatever we have accomplished so far is a product of our thoughts in the past." Indeed, we can only work on things that we have thought that we could do.I have always believed on the power of positive thinking which should be the very foundation of how we live our life, pesonally and professionally. It is what we do affirmatively with any possible setback that come our way, that would draw the difference. Well, it's time for planning to get to where we want to go. Gradually, any realistic small steps will lead us towards achieving our goals. Have a very Prosperous, Blessed and Fr...
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