Author Archives: Alex Lam

April Fools Day 2013 PST BC Returns

As we all know we have long been awaiting for the HST to be removed after a long awaited battle with our former premier.  Don’t be a fool and get to know your exemptions. PST will be 7 percent and … Continue reading

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Property Transfer Tax Update BC Real Estate

When you decide to buy a home, your REALTOR® will talk to you about “closing costs,” the extra charges and taxes you’ll pay in addition to the purchase price of your home. The heftiest of these is the Property Transfer Tax, or PTT.  The … Continue reading

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A $10,000 New Condo tax credit for First time buyers of BC Real Estate

Feb 22,2012 In its 2012 Budget announced yesterday, the Provincial Government announced a temporary one-time refundable personal income tax credit worth up to $10,000. ELIGIBLE FIRST-TIME NEW HOME BUYER You will qualify as a first-time new home buyer if: You … Continue reading

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New BC HST Transitional Rules and New Burnaby Condo Prices

Feb 19,2012 Just announced by the Real Estate Board of Greater the new HST Transitional rules set by the federal and provincial government. When the HST was first introduced most people felt that the Tax threshold of $525,000 with a … Continue reading

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Burnaby Real Estate Stats for May

According to the Real Estate Board of Greater Vancouver (REBGV), Burnaby pretty good real estate sales numbers in May. Continue reading

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The Most Expensive Condo in Canada is not in Vancouver

The most expensive condo in Canada, just sold for $28 million and it is not in Vancouver (or Burnaby). Find out where it is. Continue reading

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Greater Vancouver Condo Survey

TD Canada Trust carried out a “Condo Poll” on Vancouver residents who recently bought or intended to buy a condo. The results were interesting. Continue reading

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Burnaby Home Owners Incentives

If you own real estate in Burnaby you may not be aware of some environmental incentives that are available. Continue reading

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April 2011 Burnaby Real Estate Stats

With a slowdown in real estate sales and listings in some areas of Greater Vancouver, Burnaby real estate numbers impress across all property types. Continue reading

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Getting the Best Service

If you are planning to purchase a home, you will be faced with many decisions. What comes first buying the next home or selling your present home? What is your price range? What will be the location, size and style … Continue reading

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