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Congratulation!!!!

The New Real Estate 2026 season has already started. Usually, at this time of the year, I receive the four most popular questions.

Q1: One Percent Realtor-* How does it work for the sellers?

Q2: Would this One Percent commission model be profitable for the sellers?

Q3: Why do you take this cost-effective commission model?

Q4: Will the realtors with the different pay structure show my property?

 These are my answers.

A1. Yes. You can get full-service with less commission by working with an experienced Realtor (in my case, with 15 years of experience + 6 years with the Medallion Club, 2016-2022) in the Greater Vancouver area.

A2. Yes. I offer full MLS® representation with transparent fees — helping you save thousands compared to traditional percentage-based commissions*.*"Compared with a broker charging 7% on the first $100,000 and 2.5% on the balance, not all brokers charge the same".

A.3. The real estate business in Canada is a very expensive one to run. We cut expenses and, as a result, we use a cost-effective commission model.You can save 30% up to 70% on commission, and your property gets full marketing exposure and professional support while reducing total commission.

A4. Yes, they will. Almost 99% of the properties that I sold (I have more than 500 happy clients over the past 15 years) were sold in cooperation with other agencies.I am happy to introduce you to our new cost-effective commission model.

          What do you save with One Percent Realty?

Your House      1%       Traditional       HOME    Sold               Realty    MLS® Broker* Sellers's    Price               1%+1%    7%+2.5%      $Savings$500,000          $10,000     $17,000       $7,000 $750,000  $15,000    $23,250       $8,250$1,000,000  $20,000    $29,500       $9,500$1,250,000  $25,000    $35,750       $10.750$1,500,000  $30,000    $42,000       $12,000$1,750,000  $35,000    $48.250       $13,250$2,000,000  $40,000    $ 54,500      $14,500$2,250,000  $45,000    $60,750       $15,750$2,500,000  $50,000    $67,000       $17,000$3,000,000  $60,000    $79,500       $19,500*Compared with a broker charging 7% on the first $100,000 and 2.5% on the balance, not all brokers charge the same.

I will be happy to answer all your questions. Please call me at 604-644-6430 or email me at miskvortsov@gmail.com

Contact us now for a free consultation and personalized commission savings estimate.

https://fullservicelesscommissions.ca/selling.html

Ans as usual. This communication is not intendedto solicit a person under contract. Please refer to your agent.

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Posted in Cottonwood MR, Maple Ridge Real Estate
Property Photo: 8 23343 KANAKA WAY in Maple Ridge
I have listed a new property at 8 23343 KANAKA WAY in Maple Ridge.
COTTONWOOD GROVE - overlooking Cottonwood Creek. Spacious 3 bedroom + 3 bathrooms in 2 level townhouse. Located beside quiet greenbelt with pond on the quiet side of the complex. Spacious open floor plan with 12' ceilings on the main floor,hardwood flooring & maple kitchen cabinets. Huge master bedroom with 4 piece ensuite, oversized double garage & a fully fenced backyard with 33' x 8' concrete patio, large windows, large closet, fresh paint, built-in vacuum are only a few of the many features of this well kept home. Close to great elementary and secondary schools. This property is easy to view & will not disappoint your expectations. Up to 3 domestic animals (maximum 2 dogs) allowed. Quick possession possible.
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Posted in Brentwood Park, Burnaby North Real Estate
Property Photo: 405 2355 MADISON AVE in Burnaby
I have listed a new property at 405 2355 MADISON AVE in Burnaby.
Perfect one-bedroom & den in the OMA building located in the heart of Brentwood Park. This sleek concrete building has connected walking paths to all directions. Steps to skytrain, shopping and schools. Located in a cul-de-sac this quietunit features new floor, new paint, floor to ceiling windows & an expansive wide outdoor balcony. Extremely pro-active strata makes this a well managed building. Fitness centre with swimming pool, hot tub, gym & sauna. 1 parking and 1 locker. Great investment or live here.
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Posted in Whalley, North Surrey Real Estate
Property Photo: 214 10743 139TH ST in Surrey
I have listed a new property at 214 10743 139TH ST in Surrey.
Extra-large 1065 SF 2 bedroom, 2 full bathroom unit with southern exposure - lots of natural light! Quiet, spotless, fully renovated and 'Move in Ready'. New balcony deck, dishwasher, range hood, light fixtures, faucets & showers. All walls freshly painted. Laminate flooring throughout, fully restored kitchen cabinets, backsplash & sink. Great layout, open concept kitchen, bedrooms with bay windows are located at separate ends of home for full privacy, king size master w/walk in closets, big walk in utility/laundry in suite. Spacious & secured Storage locker on same floor! Dedicated underground Parking next to elevator, common areas, rec room & exclusive outdoor space with BBQ & gazebo. Low fees, very well maintained & safe complex. Located in Downtown Surrey, close to Sky train, mall, SFU, community centre, hospital & RCMP. Private & public schools on same block. Easy to show.
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Posted in Coquitlam West, Coquitlam Real Estate
Property Photo: 303 590 WHITING WAY in Coquitlam
I have listed a new property at 303 590 WHITING WAY in Coquitlam.
Quiet east facing top 3rd floor one bdrm. Kept well. "Balmoral Terrace" centrally located and walking distance to Skytrain, Lougheed Mall, NORTH GATE, Walmart, transit and all amenities. Clean and sleek unit that includes laminate floors,new roof (2011), new paint, underground garage + storage locker. Solid older building with redone foyer + exterior has been done in vinyl. Hot water/heat included in the maintenance fees. ONE CAT IS OK. Rentals NOT allowed. The Seller is open to offers. OPEN HOUSE: SAT, OCT 4TH, 1-3 PM.
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To quote author Simon Sinek's 'Start With Why' - 'I am better than I was 6 months ago, and 6 months from now I will be better than I am today'. Is this email not displaying correctly?
View it in your browser.
mike@onepercentrealty.com here is my most recent blog post.

If you are considering an Open Mortgage or are currently carrying a significant balance on a secured line of credit this post will be of value to you.

Interest only payments are great from a cash-flow perspective, but perhaps there is more to consider, read on.

Short Version

An Open Mortgage, or significant balance on a line of credit, only makes sense if you are paying in out in full inside a 6 month period.

Otherwise the interest rate premium of 1% (i.e. Opens are priced at 3.50% whereas closed variables are at 2.45% or better) will equal the expense of the three month interest penalty to break out of a closed variable mortgage early.

It almost never ever makes sense to take an Open Mortgage, or to carry a significant balance on a Secured  Credit Line as opposed to converting it to a closed variable rate mortgage.

Long Version

We will start with some clarity on a few terms that are routinely misunderstood as they apply to mortgages.

Definitions;

Open – A mortgage that can be paid out at any time without penalty.  A.K.A. ‘Secured Line of Credit’, HELOC, STEP, Homeline Plan, etc.

(The interest rate premium on these mortgage products makes them a questionable choice for many, we will detail)

Closed - A mortgage with some sort of penalty for early payment.  A closed variable is typically the absolute best option for minimal prepayment penalty, as well as minimal interest expense.

Fixed – This word refers to the interest rate component, i.e. the interest rate is fixed at 2.89% for 5 years.

Variable - This word refers to the interest rate component, i.e. the interest rate is set at a discount of .60% below Prime.  Prime is reviewed by the Bank of Canada 8 times per year at preset dates.  The BoC has not moved Prime in over four full years now.

***Variable rate mortgages are convertible to fixed without penalty at any point.  Lenders make it easy as you increase their profits and increase the penalty to break free when you convert to a fixed rate product.

Crossover Point – The point at which the interest expense of the premium paid on lines of credit and open mortgages equates to the prepayment penalty to payout in full a closed variable mortgage.  Typically 6 months, but on occasion as short as 60 days.

Have your Broker to the math for you.

The Math;

Open Mortgage, (Secured Line of Credit)

$100,000.00 at 3.50% (interest only)

Monthly interest expense $289.56 per month.

Minimum monthly payment is $289.56 – (increasing by $20.82 per 0.25% rate adjustment when Prime finally rises).

Closed Variable Mortgage

$100,000.00 at 2.40% (30yr Amortisation)

Monthly interest expense $199.01 per month.

Minimum monthly payment is $389.33 – (A payment that will not increase when Prime finally rises, if placed with the correct lender)

This basic math, leads us to a more interesting question;

 If you were offered a return of $190.00 back on a monthly basis, for each $100.00 invested, is that an investment you would make? 

What if it were a major chartered financial institution offering you this investment opportunity?

An investment of $1,200.00 per year is effectively increasing you net worth by $1,080.00.  Arguably $2,280.00 if the payment increase represents a forced savings plan.

Does a 90% monthly rate of return interest you?

Admittedly cash-flow is negatively impacted to the tune of $100.00 per month per $100,000 of mortgage balance with the closed variable option, but it is very difficult to ignore the $190.00 monthly debt reduction.

There are few better places one could place a $100.00 bill each month.

While speaking of payment amounts, we must keep in mind that a secured line of credit is a variable rate product, and if Prime were to rise just 1.25% the payment (all interest) would then be $391.97 per 100K of mortgage balance.  Whereas with a certain choice of lender you will find that in a closed  variable rate mortgage can in fact have a FIXED payment amount for the entire mortgage term.

Creating certainty of cashflow with a Closed mortgage that is not possible with an Open product.

Let’s look at prepayment penalties.

In a closed variable rate mortgage (again with the correct lender) one will only ever be exposed to a 3 month interest penalty.  Currently that equates to ~$600.00 per 100K of mortgage money advanced.  Recall from above, there is a $100.00 per month interest premium being paid to sit in an Open mortgage product.

In other words the borrower that chooses an Open product pays the equivalent of a 3 months interest penalty every 6 months by way of the higher interest rate.

i.e. sitting in a Open for 18 months will cost triple what being in a Closed variable and paying the penalty would equal.

The lender did all this math for their own benefit when designing these products.  However it is unlikely that this math was spelled out clearly for clients who choose an Open mortgage.

Another Landmine Specific to Secured lines of Credit;

Interest only lines of credit (a.k.a. mortgages) are in fact demand loans.  If the lender gets uncomfortable with the borrower for any reason then said lender is within their rights to demand full repayment within 90 days.  This leads to the next point, the lender may demand repayment of the 3.5% line, but in turn offer a new 4.5% credit line to replace it.  (Revisit 2009 for examples of lenders that increased line of credit interest rates by one full percentage point overnight)

Clients were not impressed.  We humans, we rarely read the fine print.

To be clear I am not suggesting one not have a secured line of credit, quite the opposite as per our own personal mortgage.  Rather I am suggesting one not carry a significant balance on a line of credit for long, and ideally have a line of credit product that offers the ability to lock into a closed variable mortgage which not many lenders offer.

The bottom line;

Keep your options Open, but most likely your Mortgage Closed.

Thank you

Dustan Woodhouse

 
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Good Morning Mikhail

 

Im putting together a weekly newsletter just for realtors. It will be brief, have the best mortgage rates for that week, and a feature article… quick and simple.  I also offer this as a flyer for your open houses…. Tell me how many you want and where to deliver them.

 

This week, I’m sending it as an email. If you don’t want to receive it, let me know.

 

Residential Rates as of October 4, 2014

Prime Rate: 3.00%

 

6 months                    3.95%

1 year                          2.89%

2 years                        2.49%

3 years                        2.69%

4 years                        2.77%

5 years                        2.89%

6 years                        4.09%

7 years                        4.09%

10years                       4.49%

VRM 3years               P - .60

VRM 5years               P - .65

 

Dario Trampus

Mortgage Consultant

The Mortgage Alliance Company

BC Corporate Office Address

310 130 Brew St. Port Moody, BC V3H 0E3

 

 c. 604.209.4106

f. 604.629.6117

e. dtrampus@mortgagealliance.com 

w. mortgagealliance.ca/dariotrampus

 

 Helping you get a GREAT mortgage is what I do

 

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Posted in Central Pt Coquitlam, Port Coquitlam Real Estate
Property Photo: 308 2339 SHAUGHNESSY ST in Port Coquitlam
I have listed a new property at 308 2339 SHAUGHNESSY ST in Port Coquitlam.
This 1,043 sqft corner unit ha 2 bedrooms and 2 bathrooms. Great kitchen with lots of cupboard space plus an eating area. Huge master bedroom with lots of closet space & 4 piece ensuite. Open living room with vaulted ceiling and largewindows, providing plenty of natural light. Large West-facing balcony, great for viewing sunsets. Two parking sports plus storage. Situated just steps away the heart of Downtown POCO with schools and shopping nearby and within walking distance of the West Coast Express. Call now for your private showing. Easy to show. Gas for fireplace included in maintenance fee. Open House Sat May 25th, 2-4pm.
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Posted in Central Pt Coquitlam, Port Coquitlam Real Estate
Property Photo: 308 2339 SHAUGHNESSY ST in Port Coquitlam
Please visit our Open House at 308 2339 SHAUGHNESSY ST in Port Coquitlam.
Open House on Sunday, June 9, 2013 2:00 pm - 4:00 pm
This 1,043 sqft corner unit ha 2 bedrooms and 2 bathrooms. Great kitchen with lots of cupboard space plus an eating area. Huge master bedroom with lots of closet space & 4 piece ensuite. Open living room with vaulted ceiling and largewindows, providing plenty of natural light. Large West-facing balcony, great for viewing sunsets. Two parking sports plus storage. Situated just steps away the heart of Downtown POCO with schools and shopping nearby and within walking distance of the West Coast Express. Call now for your private showing. Easy to show. Gas for fireplace included in maintenance fee. Open House Sat May 25th, 2-4pm.
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Азы ипотеки

6apr 
2012

By Julep67 (CC)Если вы уже начали искать жилье, я бы посоветовала сначала просмотреть вашу финансовую ситуацию и сделать предварительную оценку возможной суммы покупки, т.е. сделать mortgage pre-approval, таким образом сузив круг поисков. Представляете ситуацию: вы смотрите дом, он вам нравится, вы уже видите себя в нем – а потом выясняется, что сумма не соразмерна  доходу. Очень полезно будет знать месячный платеж, а именно – сколько денег вам комфортно потратить на ипотеку из семейного бюджета. Кстати, это можно сделать и самостоятельно, используя калькулятор:

https://www.rbcroyalbank.com/cgi-bin/mortgage/mpc/start.cgi

Тем более, что предварительная оценка бесплатна и без обязательств.

И хотелось бы затронуть тему, которая сейчас волнует тех, кто покупает новостройки. А именно поговорить о возврате до 10000.00 налогового кредита для покупающих недвижимость впервые. (т.е. бонус до 10 тысяч CAD $)

Итак, вы попадаете под критерии:

- Если вы покупаете новостройку или строите свой дом в Британской Колумбии.

- Вы или вы и ваш партнер никогда не имели основного жилья в Канаде.

- Вы декларируете налоги за 2011, 2012 годы в Британской Колумбии, или вы переехали в БК после 31 декабря 2011 года. Если вы переезжаете после 31 декабря 2012 года, то не попадаете под критерии получения бонуса.

- Если вы намереваетесь жить в доме (не сдаете в аренду)

Вы попадаете под критерии возврата HST:

- Если вы покупаете новостройку, у вас должен быть письменный договор покупки и продажи недвижимости, заключенный не ранее, чем 21 февраля 2012.

- Если вы строите дом, то ваш договор покупки-продажи земли заключен не ранее 21 февраля 2012, и вы заселяетесь не позднее 1 апреля 2013 года.

- Также, если вы покупаете дом, который был реконструирован не менее, чем на 90%, что тоже считается новостройкой.

Бонус будет составлять 5% от покупной цены (жилья или земли), но максимум 10000 канадских долларов. Бонус зависит от вашего дохода и суммы покупки жилья, а это значит:

- если недвижимость стоит 200 тысяч канадских долларов и выше, и ваша зарплата от 75 до 150 тысяч, то бонус 10 тысяч,  от 150 тысяч до 175 тысяч – бонус 5 тысяч, и нет бонуса, если зарплата более 200 тысяч.

Для семейного дохода расчет такой: у вас бонус 10 тысяч, если семейный доход от 75 до 150 тысяч, если 175 – бонус 7,5 тысяч, если 200 – бонус 5 тысяч, и если 225 – бонус 2,5 тысячи. Свыше 250 тысяч – бонуса нет.

Если недвижимость стоит 150 тысяч и выше, то расчет такой: зарплата от 75 до 150 тысяч – бонус 7,5 тысяч. От 150 до 175 – бонус 2,5 тысячи, и нет бонуса, если ваш доход от 150 до 175 тысяч. Для семейного дохода от 75 до 150 – бонус также 7,5 тысяч. Бонус 5 тысяч – от 150 до 200 тысяч, бонус 2,5 тысячи – от 200 до 225 тысяч, и нет бонуса – при семейном доходе более 225 тысяч.

Пожалуйста обращайтесь за более подробным разъяснением.

            604.961.3512       или tetyana.thomas@rbc.com

Удачных покупок,

Таня Томас

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Ванкуверский клуб любителей недвижимости. Заседание № 10.

13may 
2012

Инвестирование в недвижимость Нанаймо, ВС - это вообще хорошая идея?

Сегодняшний гость нашего клуба в представлении не нуждается. Недюжинный литературный талант и высокий профессионализм снискали ему большую известность среди читателей нашей газеты. Итак, Виктор Кириченко – первый говорящий на русском языке риэлтор на острове Ванкувер.

Михаил Скворцов: Что сейчас определяет привлекательность Нанаймо в инвестиционном смысле? Есть ли будущее у Нанаймо?

Виктор Кириченко: Я бы начал с ответа на вторую часть вопроса. Есть ли будущее? Еще какое! Это один из самых быстро растущих городов Канады в силу своей близости к Ванкуверу, и в то же время отдаленности от известных проблем – перенаселенности, проблем с транспортом, криминальной обстановки, и конечно, высоких цен на недвижимость. Мало кто знает, что по численности населения наш город уже обогнал Викторию как таковую, не считая пригородов. Где, кстати, цены на недвижимость недалеко ушли от ванкуверских.

Мы расположены на перекрестке всех островных дорог, имеем 2 паромных терминала, международный аэропорт, прекрасные океанские, озерные, горные парки с пляжами, большие торговые центры. А главное – ну уж очень у нас красиво и просторно.

Еще одно косвенное, но убедительное доказательство преимущества жизни в нашем городе – его русскоязычное население за последние 8 лет выросло на 900 %. А уж наш-то народ знает, куда ехать!

Подробнее о жизни на острове и в Нанаймо – на моем сайте www.victor-k.com.

Михаил Скворцов: Могли бы Вы привести примеры инвестиционных возможностей в Нанаймо и вокруг него?

Виктор Кириченко: Примеры цен на недвижимость: кондо с 2 спальнями в хорошем районе можно купить за 130000 и сдать его в рент за $ 1000. На днях я продал кондо с одной спальней возле университета и парка за… $64000.

Понятно, его нужно было красить-чистить, но также понятно, что при таких ценах вы получите позитивный cash flow. Если говорить о домах, то даже новый дом все еще можно купить дешевле $300000.

Думаете, эти кондо на воде стоят миллион? Ничего подобного! В четыре раза меньше!

Михаил Скворцов: Что отличает рынок недвижимости в Нанаймо, есть ли у вас что-то специфическое?

Виктор Кириченко: Спецификой нашего рынка являются практически одинаковые цены на жилье в очень хороших и …”так себе” районах, в то время как в Ванкувере эта разница просто огромна.

Говоря другими словами, “мерседесы” и “Жигули” продаются у нас почти по одной цене. Понятно, что разумные люди, то есть меньшинство, покупают “мерседесы” – недвижимость в лучшей, северной части Нанаймо. Здесь же живут и почти все русскоязычные “нанаймцы”.

На этом мы заканчиваем наше очередное заседание Ванкуверского клуба любителей недвижимости. Мне хотелось бы от души поблагодаритьВиктора Кириченко. В скором будущем ждем его отчёт о творческой командировке во Флориду.

Смотрите нас в YouTube на MyHomeInMotion. Все последние новости на www. FullServiceLessCommissions.ca. Заходите к нам в гости на Facebook – Vancouver Real Estate Fun Club, желательно, всё-таки полюбив. Слушайте нас по радио CKNW в 2 часа дня May 26, June 30, Aug 4, Sept 8, Oct 13, Nov 17, Dec 15. И, как всегда, всю Вашу корреспонденцию прошу направлять на мой email mike@onepercentrealty.com или позвонить на мой            604-644-6430      .

До скорого свидания. Ваш Михаил Скворцов – One percent realty ltd

“Наша служба и опасна и трудна…”
Виктор изучает рынок недвижимости Флориды со своим ассистентом. Не подумайте хорошего, она же – его жена!

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Strategic information for REBGV REALTORS®

April 5, 2012

1) Home Buyers’ Plan

 

Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Home buyers who have repaid their RRSP may be eligible to use the program a second time. 
Canada Revenue Agency www.cra.gc.cbannera. Enter ‘Home Buyers’ Plan’ in the search box.

            1.800.959.8287      

2) GST Rebate on New Homes

 

New home buyers can apply for a rebate of the federal portion of the HST (the 5% GST) if the purchase price is less than $350,000. The rebate is up to 36% of the GST to a maximum rebate of $6,300. There is a proportional GST rebate for new homes costing between $350,000 and $450,000. 
Canada Revenue Agency www.cra.gc.ca. Enter ‘RC4028’ in the search box.
            1.800.959.8287      

3) BC New Housing Rebate (HST)

 

Buyers of new or substantially renovated homes priced up to $850,000 are eligible for a provincial enhanced New Housing Rebate of 71.43% of the provincial portion (7%) of the 12% HST paid to a maximum rebate of $42,500. Homes priced at $850,000+ are eligible for a flat rebate of $42,500.
www.hstinbc.ca
            1.800.959.8287      

4) BC New Housing Rebate (HST) for Secondary Vacation or Recreational Homes

 

Buyers of new or substantially renovated secondary or recreational homes outside the Greater Vancouver and Capital Regional District priced up to $850,000 are eligible for a provincial enhanced New Housing Rebate of 71.43% of the provincial portion (7%) of the 12% HST paid to a maximum rebate of $42,500. Homes priced at $850,000+ are eligible for a flat rebate of $42,500.
www.hstinbc.ca/buying_goods/buying_a_home/new_ home_tax_calculator 
            1.800.959.8287      

5) BC New Rental Housing Rebate (HST)

 

Landlords buying new or substantially renovated homes are eligible for a rebate of 71.43% of the provincial portion (7%) of the 12% HST, up to $42,500. 
www.hstinbc.ca 
            1.800.959.8287      

6) BC First-Time New Home Buyers’ Bonus

 

First-time new home buyers may be eligible for a one-time grant equal to 5% of the purchase price of the home, or if you are building a home, 5% of the land and construction costs, up to $10,000. The bonus is based on the net income of the home buyer. This program ends March 31, 2013. 
www.sbr.gov.bc.ca/documents_library/notices /FTHB_Bonus.pdf
            1.877.387.3332      

7) BC Property Transfer Tax (PTT) First-Time Home Buyers’ Program

 

Qualifying first-time buyers may be exempt from paying the PTT of 1% on the first $200,000 and 2% on the remainder of the purchase price of a home priced up to $425,000. There is a proportional exemption for homes priced up to $450,000.
BC Ministry of Small Business and Revenue
www.sbr.gov.bc.ca/business/Property_ Taxes/Property_Transfer_Tax/ptt.htm
            250.387.0604      

8) First-Time Home Buyers’ Tax Credit (HBTC)

 

This federal non-refundable income tax credit is for qualifying buyers of detached, townhome, apartment condominiums, mobile homes or shares in a cooperative housing corporation. The calculation: multiply the lowest personal income tax rate for the year (15% in 2011) x $5,000. For the 2011 tax year, the maximum credit is $750. 
Canada Revenue Agency
www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns360-390/369/menu-eng.html
            1.800.959.8281      

9) BC Home Owner Grant

 

Reduces property taxes for home owners with an assessed value of up to $1,285,000. The basic grant gives home owners:

  • a maximum reduction of $570 in property taxes on principal residences in the Capital, Greater Vancouver and Fraser Valley regional districts;

  • an additional grant of $770 to rural homeowners elsewhere in the province; and

  • an additional grant of $275 to seniors aged 65+, those who are permanently disabled and war veterans of certain wars.

BC Ministry of Small Business and Revenue www.rev.gov.bc.ca/hog or contact your municipal tax office.

10) BC Property Tax Deferment Programs

 


Property Tax Deferment Program for Seniors.

 

Qualifying home owners aged 55+ may be eligible to defer property taxes.

Financial Hardship Property Tax Deferment Program.

 

Qualifying low-income home owners may be eligible to defer property taxes.

Property Tax Deferment Program for Families with Children.

 

Qualifying low-income home owners who financially support children under age 18 may be eligible to defer property taxes.

BC Ministry of Small Business and Revenue
www.sbr.gov.bc.ca/individuals/Property_ Taxes/Property_Tax_Deferment/ptd.htm

11) Canada Mortgage and Housing (CMHC) Residential Rehabilitation Assistance Program (RRAP) Grants.

 

This federal program provides financial aid to qualifying low-income home owners to repair substandard housing. Eligible repairs include heating, structural, electrical, plumbing and fire safety. Grants are available for seniors, persons with disabilities, owners of rental properties and owners creating secondary and garden suites.
www.cmhc-schl.gc.ca/en/co/prfinas/prfinas_001.cfm
            1.800.668.2642       |             604.873.7408      

12) Home Adaptations for Independence (HAFI)

 

A new program jointly sponsored by the provincial and federal governments provides up to $20,000 to help eligible low-income seniors and disabled home owners and landlords to finance modifications to their homes to make them accessible and safer.

BC Housing www.bchousing.org/Options/Home_Renovations
            604.646.7055       or toll-free             1.800.407.7757       extension 7055

13) CMHC Mortgage Loan Insurance Premium Refund

 

Provides home buyers with CMHC mortgage insurance, a 10% premium refund and possible extended amortization without surcharge when buyers purchase an energy efficient mortgage or make energy saving renovations. 
www.cmhc.ca/en/co/moloin/moloin_008.cfm#reno 
            604.731.5733      

14) Energy Saving Mortgages

 

Financial institutions offer a range of mortgages to home buyers and owners who make their homes more energy efficient. For example, home owners who have a home energy audit within 90 days of receiving an RBC Energy Saver™ Mortgage, may qualify for a rebate of $300 to their RBC account. 
www.rbcroyalbank.com/products/mortgages/ energy-saver-mortgage.html 
            1.800.769.2511      

15) Low Interest Renovation Loans

 

Financial institutions offer ‘green’ loans for home owners making energy efficient upgrades. Vancity’s Bright Ideas personal loan offers home owners up to $20,000 at prime + 1% for up to 10 years for ‘green’ renovations. RBC’s Energy Saver loan offers 1% off the interest rate for a fixed rate installment loan over $5,000 or a $100 rebate on a home energy audit on a fixed rate installment loan over $5,000. 
For information visit your financial institution.

www.vancity.com/Loans/BrightIdeas

www.rbcroyalbank.com/ products/personalloans/energy-saver-loan.html

16) LiveSmart BC: Efficiency Incentive Program

 

Home owners improving the energy efficiency of their homes may qualify for cash incentives through this provincial program provided in partnership with FortisBC and BC Hydro. Rebates are for energy efficient products which replace gas and oil furnaces, pumps, water heaters, wood stoves, insulation, windows, doors, skylights and more. The LiveSmart BC program also covers $150 of the cost of a home energy assessment, directly to the service provider.
www.livesmartbc.ca/rebates 
            1.866.430.8765      

17) BC Residential Energy Credit

 

Home owners and residential landlords buying heating fuel receive a BC government point-of-sale rebate on utility bills equal to the provincial component of the HST.
www.sbr.gov.bc.ca/business/consumer_taxes/residential_ energy/residential_energy.htm 
            1.877.388.4440      

18 BC Hydro Appliance Rebates

 

Mail-in rebates for purchasers of ENERGY STAR clothes washers, refrigerators, dishwashers, or freezers. 
www.bchydro.com/rebates_savings/appliance_rebates.html
            1.800.224.9376      

19) BC Hydro Fridge Buy-Back Program

 

This ongoing program rebates BC Hydro customers $30 to turn in spare fridges in working condition.
www.bchydro.com/rebates_savings/fridge_buy_back.html
            604.881.4357      

20) BC Hydro Windows Rebate Program

 

Pay no HST when you buy ENERGY STAR high-performance windows and doors.
www.bchydro.com/rebates_savings/windows_ offers/current_offers.htm
            604.759.2759       for a free in-home estimate.

21) BC Hydro Mail-in Rebates/Savings Coupons

 

To save energy, BC Hydro offers rebates including 10% off an ENERGY STAR cordless phone. Check for new offers and for deadlines. 
www.bchydro.com/rebates_savings/coupons.html
            1.800.224.9376      

22) FortisBC Rebate Program

 

A range of rebates for home owners include a $50 rebate for upgrading a hot water tank, $300 rebate on an Ener-Choice fireplace and a $1,000 rebate for switching to natural gas (from oil or propane) and installing an ENERGY STAR heating system. 
www.fortisbc.com/NaturalGas/Homes/Offers /Pages/default.aspx 
            1.888.224.2710      

23) FortisBC Efficient Boiler Program

 

For commercial buildings, provides a cash rebate of up to 75% of the purchase price of an energy efficient boiler, for new construction or retrofits.
www.fortisbc.com/NaturalGas/Business/ Offers/Pages/default.aspx
            1.888.477.0777      

24) City of Vancouver Rain Barrel Subsidy Program

 

The City of Vancouver provides a subsidy of 50% of the cost of a rain barrel for Vancouver residents. With the subsidy, the rain barrel costs $75. Buy your rain barrel at the Transfer Station at 377 W. North Kent Ave., Vancouver, BC. Limit of two per resident. Bring proof of residency.
http://vancouver.ca/engsvcs/watersewers/water/ conservation/programs/rainbarrel.htm
            604.736.2250      
Other municipalities have similar offers.

25) City of Vancouver Greenest City 2020 Pilot Home Energy Loan Program

 

The City of Vancouver in cooperation with Vancity, FortisBC, BC Hydro and Natural Resources Canada offers access to loans for energy retrofits including heating systems, insulation and air sealing. The Home Energy Loan from Vancity is a 12 month pilot program that will end October 21, 2012. For more information attend a workshop (see third link below). The goal is 500 homes, and loans are offered at 4.5% fixed rate over 10 years. The program also helps with accessing grants from the federal ecoENERGY program, the provincial LiveSmart BC program and FortisBC.

www.vancouver.ca/energyloan

www.vancity.com/Loans/homeenergy

http://energyloan.eventbrite.com

Email: energyloan@vancouver.ca
            604.374.0507      

26) Vancity Green Building Grant

 

In partnership with the Real Estate Foundation of BC, Vancity provides grants up to $50,000 each to qualifying charities, not-for-profit organizations and co-operatives for projects which focus on building renovations/retrofits, regulatory changes that advance green building development, and education to increase the use of practical green building strategies. The deadline for applications was January 23, 2012. If you are still interested in this grant, open the link and consider contacting Vancity to express your interest.
www.vancity.com/MyCommunity/NotForProfit/Grants /ActingOnClimateChange/GreenBuildingGrant
            604.877.7000      

27) Local Government Water Conservation Incentives

 

Your municipality may provide grants and incentives to residents to help save water. For example, the City of Coquitlam offers residents a $100 rebate and the City of North Vancouver, District of North Vancouver, and District of West Vancouver offer a $50 rebate when residents install a low-flush toilet. Visit your municipality’s website and enter ‘toilet rebate’ to see if there is a program.

28) Local Government Water Meter Programs

 

Your municipality may provide a program for voluntary water metering, so that you pay only for the amount of water that you use. Delta, Richmond and Surrey have programs and other municipalities may soon follow. Visit your municipality’s website and enter ‘water meter’ to find out if there is a program.

CLICK HERE to download a printable .pdf of this document.

 

© Real Estate Board of Greater Vancouver. Contact us.

 

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Полная ALOHA, дорогие господа-товарищи!

 

16mar 
2012

Ванкуверский клуб любителей недвижимости. Заседание № 6.

Итак, дорогие любители недвижимости в большом и славном городе Ванкувере, поздравляю Вас – дождались! Весна, скоро и в отпуск – поближе к чему-то совершенно горячему, пряному и одновременно освежающему и дурманяще приятному. Вот видите, как занесло – это всё от дождичков наших заколбасило. Да, заколбасило, а потом, бах – глядишь, уже и на песочке, и всё вокруг – один бесконечный праздник. Одним словом – магия, прости, Господи! Поэтому нет ничего удивительного в том, что как-то сам собой материализовался на нашем заседании мой коллега – человек оттуда, где всегда праздник. Итак, прошу любить и жаловать: Randolph “Randy” Antonio – риэлтор, работающий в KELLER WLLIAMS на Maui, Hawaii. (The Randy Antonio Real Estate Team Voted Realtor Associate of the Year 2002, by the Realtors Assn. of Maui (RAM) RAM Board Director 2004-2007. Accredited Buyer’s Representative Certified Residential Specialist).

Mихаил Скворцов: Почему инвестиции в недвижимость на Maui, Hawaii – это хорошая идея?

Randy Antonio: Сейчас лучшее время, потому что MAUI IS ON SALE! На Maui покупатель властвует на рынке недвижимости с 2007 года, и сейчас у нас можно найти недвижимость cо сниженной в 30-50% ценой от спрашиваемой ранее цены. Кроме того, остров Maui в течение десятилетий является для канадцев излюбленным туристическим направлением, а также местом для приобретения второго дома. К тому же многие строительные компании, возводящие кондо-комплексы, имеют канадских владельцев.

Mихаил Скворцов: Так всё же почему Maui, а не Phoenix, не Miami, не Florida, Las Vegas или California?

Randy Antonio: Почему Maui? Maui – это не БОЛЬШОЙ ГОРОД, здесь нет freeways, high-rise buildings, нет рекламных щитов, куда ни посмотри. На острове вы найдёте много видов проживания в совершенно различной природной среде – от пасторалий Upcountry (the highlands) Maui до густых джунглей на севере (the North Shore) и прибрежных курортов. Бирюзово-изумрудная вода в океане чиста и идеально располагает к купанию круглый год напролёт. Добавьте к тому погодные условия и температурный режим, которые можно назвать просто идеальными. Всё это формирует своеобразный расслабленный стиль жизни и культуру поведения, которые отлично вписаны в наши природные красоты. Вот несколько интересных фактов: около 2 миллионов туристов за год (второе место после Honolulu) при достаточно низкой плотности постоянно проживающего на острове населения (около 140000 человек). Сотни миль прекрасных пляжей с белым, черным и красным песком. Температура зимой 21-26оС, а летом – 24-28оС. Около 300 солнечных дней в году. Средняя температура воды в океане – 23,8оС.

Остров Maui признаётся читателями Conde Nast Travel Magazine “№ 1 Island in the World” уже 14 лет подряд! Канадцы инвестируют в недвижимость на острове с 70-х годов прошлого века.

Mихаил Скворцов: А какие виды инвестиций в недвижимость распространены сейчас на острове?

Randy Antonio: Многие канадцы покупают второй дом. Это либо single family home или turnkey vacation rental. Канадцы также любят квартиры resort coastal communities. Из-за того, что у нас небольшое число многоквартирных домов, они продаются очень быстро.

Mихаил Скворцов: В Канаде у нас хорошо действует MLS. Есть ли что-то похожее у вас?

Randy Antonio: Да, конечно. Мой вебсайт соединён с Maui MLS, и им очень легко пользоваться. Вы можете видеть всё, что продаётся, и сайт обновляется ежедневно. Там представлены все категории – BANK OWNED, SHORT SALE, OCEAN FRONT, LUXURY HOMES и BEST BUYS. Также там вы найдёте последнюю статистику, сравнительные продажи, новости экономики и информацию о всех местных событиях.

Mихаил Скворцов: Один их главных вопросов – как избежать двойного налогообложения.

Randy Antonio: Этот вопрос несколько выходит за рамки моей компетенции, но я работаю с большим количеством консультантов во всех областях, связанных с налогами. Думаю, что этот вопрос легко можно переадресовать им. Из моего опыта знаю – канадцы в этих целях используют limited partnership entity.

Mихаил Скворцов: На какие услуги может рассчитывать канадец, покупающий недвижимость на острове?

Randy Antonio: У меня большой выбор специалистов, готовых помочь – это property management, maintenance и cleaning services, general inspectors, contractors, escrow и title companies, real estate attorneys и accountants, mortgage lenders и т.д. Вообще у нас на Hawaii property management companies за свои услуги берут 10% от gross income для long-term rentals и 20-40% от rental revenues для vacation rental properties. На Hawaii мы используем escrow companies для проведения оформления сделки, и они берут за это околo 1% от цены покупки. Банки при оформлении финансирования берут от 1% до 3% от цены покупки и просят downpayment обычно в размере 35% с разными условиями выплаты до 30 лет .

Mихаил Скворцов: Можно ли привести пример того, во что можно уже сегодня инвестировать?

Randy Antonio: Информация на 1 Марта. MlS № 350413, 198 W. Papa St, Kahului BANK OWNED! 3bedm + 1.5 bath, house/cottage, approx 1,025 sq ft., land 7,993 sq ft, Price $284,900. Дом построен в 1968 году.

•Rental income: main house $1600, cottage $900 = $2500

•35% down: $99,715 Loan: $185,185k

•Taxes = $100/mo Insurance: $100/mo

•Payment = $925/mo , 30 YEAR FIXED, 6% P&I

•Cash Flow = $2,500 – $1125 = $1,375/ month

 

 

 

Второй пример: 151 Hoano St, Kihei….COMING SOON! Ещё не выставлен на продажу .

3 units. Mainhouse 3 beds, 2 bath remodeled tiled floors, new counter tops in kitchen & bath. New appliances. Painted exterior & interior in 2006. Located in resort community of Kihei, and minutes from white sand beaches, golf courses, shops/dining, movies, library, and schools. Asking price $469,000.

Fully rented: Main home $1800/mo. Studio unit behind garage may be non-conforming-studio 250 sf., bath & kitchen for $800, detached Cottage studio with A/C, and tiled floors rents for $1000./mo. Total income $3600/month. Cash flow potential of approx $1,100/month….monthly payment $1827/month, based on 35% downpayment, 6% interest 30 year fixed, less $400 for management fees, prop taxes, insurance, etc.

Randolph “Randy” Antonio

На этом мы заканчиваем наше очередное заседание Ванкуверского клуба любителей недвижимости. Мне хотелось бы поблагодарить Randolph“Randy” Antonio, а всем любителям ванкуверской недвижимости рекомендуем посетить его www.RandyAntonio.com. Полный вариант статьи, как и все последние новости, вы сможете найти на нашем блоге http://vancouverrealestatefunclub.blogspot.com/. Смотрите нас в YouTube на MyHomeInMotion. Заходите к нам в гости на Facebook -Vancouver Real Estate Fun Club. Слушайте нас по радио CKNW в 2 часа дня March 17, April 21, May 26, June 30, Aug 4, Sept 8, Oct 13, Nov 17, Dec 15. И, как всегда, всю Вашу кореспонденцию прошу направлять на мой email mike@onepercentrealty.com или позвонить на мой                   .

До скорого свидания. Ваш Михаил Скворцов – One percent realty ltd

 


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