When you’re showing your home to a potential buyer, you obviously want to make the best impression possible. You don’t want to make a mistake, and miss out on an opportunity to sell.  So here are some of the most common home viewing blunders and how to avoid them:

1. Not Being Flexable

Don’t be too strict about when you’re willing to schedule a viewing. After all, if a buyer is unable to see your home in the times you’ve allotted, they’re not going to buy. Be as accommodating as possible. Sure, it can be inconvenient to okay a viewing on an hour’s notice, but if that buyer ultimately purchases your home, it’s worth it.

2. Hovering

It’s natural to want to guide buyers through your home and give them the tour. Regardless of your good intentions, however, this can make a buyer feel uncomfortable and even intimidated. 

3. Not Preparing Your Home

You don’t necessarily have to make your home “guest ready”, especially if the viewing is on short notice. But you should make your home as clean and tidy as possible.  To set the right atmosphere, ensure that all rooms are well lit, especially the basement. Turn off any televisions and put on soft background music.

4. Rushing Buyers

Don’t. Even if a buyer goes a little overtime, be patient. If a buyer spends extra time in your home during a viewing, it may be because he or she is seriously interested in making an offer! 

Have a question about selling your home? Call the Dion-Ivans Real Estate Group today!!

Property Type:

23.6% by First Time Buyers
16.7% of purchases were by Move-Up Buyers
16.7% buying Revenue/Investment Property
6.1% moving from Single Family Home to Strata Unit
4.4% moving into Retirement Home/Seniors Community
4.4% Recreation Property Buyers
4.4% moving from Strata property to Single Family Home

Buyer Type (Family Dynamic):
28.6% Two parent family/children
23.5% Couple without children 
14.3% Empty Nesters/Retired
13.4% Single Female
13.4% Single Male
4.2% Single Parent with children

Moving From: 
64.7% from Within OMREB Board Area
10.9% from Alberta
10.9% from Lower Mainland/Vancouver Island
10.1% from Other Areas in BC
1.7% from Saskatchewan/Manitoba
0.8% from Eastern Canada/Maritimes
0.8% from Outside Canada
0% from NWT/Yukon (fourth month reported)

The provincial government announced today a potential tax savings up to $500 for new home buyers when they purchase a newly built home, effective for agreements written today until the HST is removed on April 1, 2013.  Details are as follows:

The new BC First-Time New Home Buyers' Bonus will be a temporary one-time refundable income tax credit for first-time home buyers who purchase a newly constructed home. The credit will be calculated as five per cent of the purchase price of the home up to a maximum credit of $10,000.

The credit will be phased out at a rate of 20 per cent of net income in excess of $150,000 for single individuals and at a rate of 10 per cent of family net income in excess of $150,000 for couples. Only one credit can be claimed per home.

The credit will be available on purchases of newly constructed housing where both the HST applies and where a written agreement of purchase and sale is entered into on or after Feb. 21, 2012.

And, of course, it is also important for them to have other kids in the neighborhood that could potentially become their friends.Several academic studies have shown that “kid-friendly” neighborhood features can have a significant impact on a child’s well being, psychological growth and academic performance.

Need help selecting the ideal neighborhood? Call the Dion-Ivans Real Estate Group today!

VICTORIA – New housing transition measures give certainty to an important economic sector and help to keep taxes equitable throughout the transition as the province returns to the PST, Finance Minister Kevin Falcon announced today.

B.C. will return to the PST on April 1, 2013, meeting the Province’s commitment to return to the PST as quickly and responsibly as possible, while ensuring businesses can plan their training and systems switch-over effectively to apply the sales tax correctly.

Government is announcing new relief measures that will benefit purchasers and builders of new homes. The B.C. new housing rebate threshold will be increased to $850,000, effective April 1, 2012, meaning more than 90 per cent of newly built homes will now be eligible for a provincial HST rebate of up to $42,500. It is important to note that the HST does not apply to resale housing.

In addition, to help support workers and communities in B.C. that depend on residential recreational development, purchasers of new secondary vacation or recreational homes outside the Greater Vancouver and Capital regional districts priced up to $850,000 will now be eligible to claim a provincial grant of up to$42,500 effective April 1, 2012.

The housing transition rules help ensure when people buy a newly constructed home under the PST, whether built entirely under the HST, entirely under the PST, or partly under HST and partly under the PST, they will all pay a consistent and equitable amount of tax.

Specifically:

• B.C.’s portion of the HST will continue to apply before April 1, 2013. Purchasers will be eligible for the new higher B.C. HST new housing rebate, of up to $42,500, and builders will continue to claim input tax credits.
• B.C.’s portion of the HST will no longer apply to newly built homes where construction begins on or after April 1, 2013. Builders will once again pay seven per cent PST on their building materials. On average, about two per cent of the home’s final price will again be embedded PST.
• For newly built homes where construction begins before April 1, 2013, but ownership and possession occur after, purchasers will not pay the seven per cent provincial portion of the HST. Instead, purchasers will pay a temporary, transitional provincial tax of two per cent on the full house price. This ensures equitable treatment among purchasers and will help mitigate distortive market behaviour. Builders will receive temporary housing transition rebates to offset PST on materials to help prevent double-taxation on homebuyers.

The transition rules outlined today provide certainty for new-home construction and sales, particularly during the transition period.

For goods and services that will be subject to PST, PST will generally apply where tax becomes payable on or after April 1, 2013. Detailed general transitional rules for goods and services will be available with the full PST legislation introduced in the legislature this spring.

The provincial changes are subject to the approval of the legislature.

Information provided by the Ministry of Finance. For more information please visit www.gov.bc.ca 

Canadian housing starts began the year with a seasonally adjusted annual rate (SAAR) of 197,900 starts in January. While starts were down slightly from December's mark of 199,900, the pace of new home construction remains strong.  New home construction in BC urban centres rose 29 per cent from December 2011, registering 27,000 starts (SAAR) in January. 

Looking at major metropolitan areas, housing starts rose 8.3 per cent year-over- year in Vancouver. In a bit of a role reversal, it was single family starts that drove growth, rising 50 per cent year over year while multi-family starts rose a modest 2 per cent. Abbotsford new home construction fell 54 per cent year-over-year in January due to weakness in both single-family and multi-family starts. New home construction in Victoria rose 5 per cent year-over-year in January due to strong growth in multi-family starts. Finally, new home construction in Kelowna continued to build on momentum from late 2011 as total starts rose 48 per cent year-over-year on balanced growth between single and multi-family starts. 

Source: www.BCREA.ba.ca 

Ideally, the first property you see when shopping for a new home will be the one you fall in love with and buy. But let’s face it. You’ll probably end up seeing several homes before reaching the decision to make an offer on one.

When you’re viewing homes, you want to make sure that the experience is enjoyable (rather than stressful) and that you get all the information you need to make the right decision. 

To help you do that, here are a list of items you should consider taking with you:

• A notepad. Have something with you so you can take notes – a pad of paper, laptop computer, iPad, even a voice recorder.
• Flashlight. Just in case there is an area in a home that is not well lit, such as the furnace room.
• Maps. Map out your route in advance. This will reduce a lot of potential stress.
• Water and snacks. If you’re viewing more than two properties, take some healthy refreshments with you, rather than relying on fast food restaurants. These will help keep your energy level up. (This is especially important if you’re taking kids with you.)
• A plan. Don’t just view properties randomly. Work out an itinerary in advance. This will help you make the most of your time.

Want more tips on making your home hunting experience less stressful and more productive? Call The Dion-Ivans Real Estate Group today!!

Has a new job or a new direction necessitated your moving to Kelowna, British Columbia? Or perhaps you visited, fell in love with one of BC’s fastest growing yet laid-back communities and have decided to retire there. Whatever it is drawing you to Kelowna, you’ll best start the process of finding a Kelowna home by approaching a qualified Kelowna Real Estate agency. When it comes to Kelowna properties for sale, no one’s going to have their thumb on the pulse of the market quite like the friendly folks at Royal LePage Kelowna.

First and foremost, their realtors won’t aim to find you a house, condo, townhouse etc. – they’re goal is to find you a home, and the definition of what is an ideal home differs with every individual and every family. Being receptive to the particular needs and wishes of the client is of the utmost importance and a value every Royal LePage Kelowna realtor places front and center in their service. Anyone can evaluate any number of Kelowna homes for sale on their own. Where a quality realtor provides real value is in fine tuning your search by combining his or her market expertise with an understanding of what distinguishes you as a buyer. It starts with a lot of listening, is followed by a lot of hustle and ends with a satisfied homebuyer.

The consistency seen in the large numbers of quality Kelowna properties for sale is a testament to the way the city has grown and the attractiveness it has for people at different stages of their lives. Like any mid-sized city, folks come and go but those who are on their way in are sure to feel good about what Kelowna has to offer. It features a burgeoning economy with a growing high-tech sector and other similarly strong industries. In addition, there is a real quality of life in Kelowna that is buoyed by the ample opportunities available to one and all to enjoy its spectacular natural beauty.  Add to it all the fact that Kelowna homes for sale and their properties offer good value for your dollar and some might say it’s a slam dunk in favour of BC’s interior gem of a city.

Do yourself a favour and weigh the many Kelowna properties for sale with the help of one of the experts at Royal LePage Kelowna. They’ll narrow the field of Kelowna homes for sale that meet your criteria and streamline the process of getting you into the one that’s perfect for you. Visit http://kelownahomefinders.caand get the ball rolling.