Blog

BC's Homebuyer Rescission Period

Posted on Jan 03, 2023

As of January 3, 2023, in British Columbia, if you sign a contract to purchase a home, you have a three-day period in which you can change your mind and cancel the contract. This is called the "cooling-off period" or the "three-day rescission period." The right to rescission cannot be waived by either the buyer or seller.

The cooling-off period is d...

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Real Estate Investing 101

Posted on Sep 13, 2022

Real estate has become a prevalent investment vehicle, especially in hot markets like Vancouver. It's essential to understand the different types of real estate investments you can be involved in and their benefits.

Principal Residence

When you purchase your principal residence (the home you live in), you are hoping the value of that home appreciates...

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Prepare for These Costs When Buying a Home

Posted on Aug 24, 2022

The purchase price for a home isn't the only cost you'll incur as a new homeowner. Many small expenses can add up and surprise you.

This guide will help you prepare and budget for your next purchase!

Mortgage Fees

For the most part, working with a mortgage specialist won't cost you a thing. The lender typically pays the mortgage specialist for arrangi...

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Presales Explained: Deposits, Financing, Benefits, & Risks

Posted on Aug 18, 2022

Presales are currently very attractive amongst buyers in the Lower Mainland as developers are selling out hundreds of units within days. If you are a first-time homebuyer or new to the presale market, it’s very important for you to understand how it works before making a decision.

What is a Presale?

Presale condos and townhomes are made available to...

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5 Secrets to Selling Your Home

Posted on Aug 09, 2022

Selling your home doesn't have to be a stressful task. By planning ahead and being smart about how you use your time and energy, you can reduce anxiety and get the results you want.

See below for some tips that will help you sell your home faster and for top dollar.

#5. Make value-add updates

Are the kitchen cabinets falling apart? Is the bathroom mir...

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How Real Estate Agents Help Buyers

Posted on Jul 28, 2022

You've been thinking about it for a while and have finally decided to take the big step. You're ready to find your dream home. But where do you start?

No matter what you need help with, there's always an expert in that field. Are your teeth hurting? Go see the Dentist. Need tax guidance? Consult your Accountant. In a sticky situation? Call your lawy...

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Milap Dhaliwal

eXp Realty

Mobile: 604-446-9196

milap@milapdhaliwal.com