Posted on December 5th, 2008 by Roland Lewis
With property prices in the Vancouver Real Estate market dropping, many people who bought into pre-sales as a short term investment in the past 2 years are feeling a sense of regret. It may not be long now for us to start hearing news of people walking away from their pre-sale contracts. If you are thinking about walking away from your pre-sale contract here in Vancouver there are a few things to think about before you do….
Can I legally walk away from my pre-sale contract / deposit?
Filed under: Condos, Developments, Downtown Vancouver, Interest Rates, Statistics, Vancouver Blog, concord pacific, foreclosures, tips, vancouver | 1 Comment »
Posted on December 4th, 2008 by Roland Lewis
5 Ways to a great Real Estate Deal in Vancouver
- Know the sellers reason for selling and understand their motivation level.
- Have comprehensive knowledge of all comparable recent sales & use them to support your offer.
- Watch for significant or continuous price reductions = motivated seller
- Stay on top of the market with a system that shows you Days on market, Price changes & Sold pricing.
- Be patient, you may need to make offers on different properties to find a flexible seller.
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Filed under: Condos, Developments, Downtown Vancouver, Statistics, foreclosures, tips | No Comments »
Posted on October 15th, 2008 by Roland Lewis
No one says it better than Warren Buffet… “When others are being greedy, be fearful. When others are being
fearful be greedy!” The Berkshire Hathaway CEO follows his own advise as he snapped up several billions in stocks in the last few days. Why is Warren buying when everyone is trying to sell? The simple anwser is the very reason Warren Buffet has become one of the wealthiest investors in the world.
Could the same be said for Vancouver Real Estate? We are seeing the 1st dip in pricing in close to 7 years, with healthy price reductions across all boards savy real estate investors are quietly picking up properties at deeply discounted prices.
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Vancouver Real Estate Investment Lesson #1. Buy Low & Sell High
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Filed under: Condos, Developments, Downtown Vancouver, Interest Rates, Statistics, Vancouver Blog, Yaletown, foreclosures, tips, vancouver | 4 Comments »
Posted on February 11th, 2008 by Roland Lewis
The US Situation
Right now in the US, a combination of a housing slowdown and a credit crisis are heightening recession fears and slowing the economy. As a result, the economic downturn is becoming one of the most severe in decades.
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Will the US economy impact our Real Estate Market in Vancouver, BC?
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Filed under: Statistics, foreclosures | 1 Comment »
Posted on February 3rd, 2008 by Roland Lewis
Interested in foreclosures in the Vancouver area?
Join our direct email list and have foreclosures in the Vancouver area matching your criteria sent to you as soon as they hit the market. No need to waste time hunting for listings, our clients let us know what they want and we send it to them direct. Need further information on a listing that is of interest to you, just call or email Roland Lewis and get the service you deserve right away. It is very important to understand the foreclosure process in B.C and the rights of buyers before making an offer.
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Greater Vancouver Foreclosures (Current Listings)
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Filed under: Burnaby, Coal Harbour, Condos, Developments, Downtown Vancouver, Kitsilano, Lonsdale, Lower Lonsdale, Luxury Real Estate, North Vancouver, Vancovuer Projects, Waterfront Properties, Yaletown, concord pacific, false creek, foreclosures, vancouver, whistler | No Comments »
Posted on January 2nd, 2008 by Roland Lewis
The Foreclosure Process in B.C
Here is a overall view of how the foreclosure process in B.C works. If you are interested in recieving a current list of foreclosures in your area you can reach me HERE.
| Demand Letter |
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A letter accelerating the loan and giving the borrower a short period of time to pay out the mortgage or else face foreclosure.
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| Petition |
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Filed in B.C. Supreme Court registry. The lender is the petitioner, while the borrower and all other charge holders whose interests rank in priority behind the lender, are the respondents.
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Filed under: Condos, Developments, Statistics, foreclosures | 1 Comment »
Posted on January 1st, 2008 by Roland Lewis
As the US housing market slumps and the Canadian dollar rises, many Canadians are looking to buy a home in US vacation areas.Ozzie Jurock, well known for his Vancouver Real Estate Outlook event, gives some tips for Canadians looking to buy south of the border.
Does the US subprime credit crunch spell opportunity for Vancouver Real Estate Investors?
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For the HOT LISTINGS in your Area
[youtube=http://www.youtube.com/watch?v=A9Q0WWMwRDA]
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Filed under: Rolandlewis.com, blogs, foreclosures | No Comments »
Posted on September 3rd, 2007 by Roland Lewis
SOPHIA VANCOUVER
298 East 11th Ave (Mount Pleasant) Vancouver BC V5Y
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For Current Listings & Pricing in SOPHIA
- From the Eden Group of Companies comes another new real estate development project in Vancouver called the Sophia Condos Vancouver.
- two-storey street level lofts and townhomes,
- 1 and 2 bedroom condominiums
- 81 homes at Sophia Vancouver
- 7 townhomes at Sohpia all with secure underground parking.
- The Sophia Vancouver homes range from 700 to over 1300 sq ft
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SOPHIA 298 East 11th Ave, Vancouver BC (CURRENT LISTINGS)
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Filed under: Developments, foreclosures, vancouver | No Comments »
