Buying Real Estate on Vancouver Island
For many, life on Vancouver Island has as much to do with finding their family dream lifestyles and passions. With beautiful waterfronts, unbelievable nature, a small town vibes, and a great sense of community, Nanaimo has a lot to offer. Once you experience living here, you will never look back where you came from!
If you are searching for a Home or an investment on Vancouver Island let us offer you expert guidance in this process. Fill out the form below to be set up for a custom property search. This will allow you to search the market in an efficient way and see only those listings that best match your desired Home parameters.
Home Inspections
Why doing a pre-purchase home inspection?
Purchasing a home is a large investment for many British Columbians considering the price of the local Real Estate. Getting a home inspection is a vital step in the decision-making process. When conducted by a licensed professional an inspection will provide you with comprehensive visual investigation of all the major systems, parts and overall structure of a home. An inspector will highlight the most important issues that can impact the use of the home and its future regular maintenance.
Typically inspections take 2 to 3 hours to complete. It is recommended that potential Buyers and their Realtor attend the final walk-through together with the inspector. It can be a valuable experience and it will provide the Buyer with a better understanding of how everything operates in the house. The Buyer will realize what repairs or maintenance are required immediately or in the near future. This important step will reduce the risks of finding bad surprises and will eliminate possible future headaches and stress.
In cases, where major issues are found throughout the inspection, the cost of repairs can often be negotiated with the Seller by adjusting the final purchase price, or agreeing to repairs conducted by the Seller prior to Completion of the sale. The typical cost of home inspection by a reputable company is ranging between $400 to $500 (plus applicable taxes). This small cost may sometimes save you thousands or stop you from completing the purchase of a home you are no longer comfortable with.
Mortgage & GST Calculator
The best purchase decisions are fully informed decisions. When shopping for a new home or an investment property make sure you explored all your options in regards to available financing. Links to the right will help you to calculate mortgages with major Canadian banks. There are also handy links to British Columbia Real Estate Association Homebuyer Tax and GST calculator and useful Mortgage Payment calculator at Realtor.ca
There are hundreds of other lenders available in Canada. We partner with the number of top producing mortgage brokers in the province to make sure our clients can find the best mortgage products available to them.
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