I have sold a property at 1944 Morgan AVE in Port Coquitlam.

Nice clean 3 bedoorm upper floor. Completely remodeled 5 yrs ago. NEW: kitchen, bathroom, windows, window coverings, carpets, lino, light fixtures, 3 new appliances & newer furnace. Brand new laminate in livingroom, dingroom & hallways. Recently painted. Large sundeck off the kitchen overlooking the large fenced & private Backyard. Shared laundry. NO SMOKERS. $1,300/mth + utilities. Looking for 1 yr lease, small dog okay.

EMAIL GREG : Gthornton@Telus.net

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Greg & Colin have listed a new property at 27 19060 FORD RD in Pitt Meadows.
Rare Find. Ground floor units at Regency Court rarely come up for sale so don't delay. You will love the spacius open floor plan with generous sizes and a large patio opening onto the large sunny & fairly private backyard. This home features a nice big master bedroom with a 3 pce ensuite, a huge walk in closet & a door opening onto the back patio. Good sized 2nd bedroom with adjoining 4 pce bath complete with soaker tub, ideal for your over night guests. Large laundry/storage room plus a crawl space for additional storage if needed. The nice big living room & dining room with its gas fireplace & access to backyard was designed with entertaining in mind. Big bright kitchen with tons of cupboards & counter space & a large eating area. Single garage with 2 additonal parking spots, New roof in 2011.
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I have sold a property at 1100 KERWAN AVE in Coquitlam.
Location, Location, Location! Homes on this street rarely come on the market. Don't miss out on this spacious well maintained 4 bedroom home on an over 11,000 sq ft lot with lane access. You will love the nice open floor plan with generous room sizes & spacious living room & dining room with gas fireplace & hardwood floors throughout the main. Big bright kitchen with raised white cabinets, island with cook-top range & tons of cupboards & counter space & a large eating area with slider to large wrap around sundeck overlooking the huge fully fenced backyard. Fully finished basement with a large games room as well a nice big family room with gas fireplace, 4th bedroom & a 3 pce bath. Hobbyists & car enthusiasts will love the 26 x 31 detached garage with 10 ft ceilings, 220 power & a 9 ft driveway for RV parking plus a 36 x 34 parking area.
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Colin has sold another property at 9333 119 ST in Delta.

Congratulations Denise!

Attention Builders! Value is in the land. Basement home on a large 6,166 sqft lot! Great North Delta location close to everything and on a very quiet street. Convenient but quiet location that is surrounded by schools, restaurants and public transportation within minutes away. Easy access to Alex Fraser Bridge, which takes you to New West, Burnaby, Richmond or Vancouver Priced to sell! Call Colin Today! 604-561-3306 Colin Thornton Has Sold Another Home! 

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Hi Colin & Greg!

Wow – I haven’t seen 5 yr rates this low for over a year now!  Please let me know if you have any clients that might want to take advantage of this limited time offer from CIBC.  Have them give me a call!  I can hold these for 90 days!

 

CIBC MORTGAGES RATES FROM LESIA VERONES

 

2.4% (Prime – 0.6%)  - 5 YR VARIABLE FLEX MORTGAGE

 

2.97% - 5 YR FIXED RATE MORTGAGE

 

Other Great Fixed Rate Mortgages!

 

2.74%   1 yr Fixed rate

2.54%   2 yr Fixed rate

2.75%   3 yr Fixed rate

2.84%   4 yr Fixed rate

* interest rates subject to change please contact Lesia for most current rates 604-970-9559

 

Thanks!

 

MORTGAGE CALCULATOR!

 

LESIA VERONES

Mortgage Advisor

Retail and Business Banking

CIBC Mortgage Advisor Channel

p  604-970-9559

f  1 877-281-8521

Toll Free: 1-866-810-9117

lesia.verones@cibc.com

 

 

For most of us, borrowing is a fact of life. Whether it’s for a new home, a family vacation, or a renovation project, borrowing can help open up possibilities that otherwise may not be within reach.

 

As a CIBC Mortgage Advisor, my job doesn’t stop at finding the right financing solution for you. I can provide you with advice and information on living with your mortgage, such as pay down strategies that will help you own your home sooner, or options for your next property purchase. If you have any questions along the way, or even down the road, I encourage you to contact me.


Whether you’re considering purchasing your first home or next home, transferring or refinancing your mortgage, or if your financing needs have changed, I'm here to help.As a mobile Mortgage Advisor, I'll meet with you one on one at the time and place of your choosing. Whether at your home, office, or over the phone, I want to make the home financing process convenient for you.

 

Whether you’re considering purchasing your first home or next home, transferring or refinancing your mortgage, or if your financing needs have changed, I'm here to help.

 

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An increase in home buyer demand put Greater Vancouver in the upper reaches of a balanced real estate market in May.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,286 on the Multiple Listing Service® (MLS®) in May 2014. This represents a 14 per cent increase compared to the 2,882 sales recorded in May 2013, and a 7.7 per cent increase compared to the 3,050 sales in April 2014.

Last month’s sales were 6.5 per cent below the 10-year sales average for May of 3,514.

The sales-to-active-listings ratio currently sits at 20.4 per cent in Greater Vancouver, which is the first time that this measure has been above 20 per cent since June 2011.

“Our MLS® statistics tell us that there’s more home buyer demand today than at any point over the last three years,” Ray Harris, REBGV president said. “With sales surpassing the 3,000 mark in May and our sales-to-active-listing ratio exceeding 20 per cent, this is the most active marketplace we’ve seen since the spring of 2011.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,936 in May. This represents a 5 per cent increase compared to the 5,656 new listings in May 2013 and a 0.2 per cent decline from the 5,950 new listings in April. Last month’s new listing count was 2 per cent below the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the MLS® system in Greater Vancouver is 16,072, a 6.7 per cent decline compared to May 2013 and a 3.6 per cent increase compared to April 2014.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $624,000. This represents a 4.3 per cent increase compared to May 2013.

“Home prices have experienced consistent yet modest increases in our region since the beginning of 2013,” Harris said.

Sales of detached properties in May 2014 reached 1,453, an increase of 19.9 per cent from the 1,212 detached sales recorded in May 2013, and a 23.1 per cent increase from the 1,180 units sold in May 2012. The benchmark price for detached properties increased 5.4 per cent from May 2013 to $966,500.

Sales of apartment properties reached 1,286 in May 2014, an increase of 13.2 per cent compared to the 1,136 sales in May 2013, and an 11.2 per cent increase compared to the 1,156 sales in May 2012. The benchmark price of an apartment property increased 3.2 per cent from May 2013 to $377,500.

Attached property sales in May 2014 totalled 547, a 2.4 per cent increase compared to the 534 sales in May 2013, and a 5.8 per cent increase over the 517 attached properties sold in May 2012. The benchmark price of an attached unit increased 3.1 per cent between May 2013 and 2014 to $469,100.

Download the May 2014 stats package here.

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Items that remind us of special people, events, milestones and interests are an important part of what makes a home a home. Pictures on the fireplace mantle, for example, showcase family and friends that are important to us. You might also have trophies, certificates, greeting cards, and other mementoes on display in key places.

 

Of course, all of those things add warmth and meaning to your home.

 

However, if you're preparing your home for sale, it's a good idea to pack those memories away - at least until you've sold your property and moved to your new home.

 

Why? Because those pleasant mementoes that mean so much to you may actually turn off potential buyers.

 

You see, when buyers view your property, you want them to be able to clearly picture themselves and their families living there. That's difficult to do if everywhere they look they see reminders that this is your home!

 

So, to help sell your home quickly, make it look great, but not personalized. Think of the showroom displays you see set up in furniture stores. Those displays are most appealing when they enable you to easily picture yourself, with that furniture, in your home. You probably wouldn't feel that way if it looked like the furniture belonged to someone else.

 

Of course, buyers will know you currently live in your home. But helping them imagine themselves living there will help you sell your property faster – and possibly for a better price.

 

Need more tips on preparing your home for sale? Call Today!

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Does your spouse like to practice the drums in the evening? Does your teenager like to play video games, with the volume turned up high? Are there other sources of noise you'd like to minimize?

 

There are many ways to soundproof areas of your home to reduce noise. Here are some ideas:

 

  • Furniture placement. Surprisingly, where you place furniture can dramatically reduce incoming noise. For example, a bookshelf covering a third of a wall can muffle sound from an adjoining room by 25%.

 

  • Noise harmonization techniques. Soft music, air fans, and other sources of rhythmic noises can actually reduce the unpleasantness of incoming sounds.

 

  • Area rugs. Adding an area rug, even on top of existing carpeting, can significantly reduce noise coming from the floor below.

 

  • Acoustic tiles and panels. These are special ceiling tiles and wall coverings that are designed to diffuse and reduce sound infiltration. There are some products on the market that are remarkably easy to install.

 

 

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The asking prices of most homes on the market indicate the current state of the market, and usually mirror the prices for which other similar homes in the area have recently sold.  In deciding upon a selling price, a home-seller must establish a balance between the desire to draw the highest offer and finding a price that will be reasonable enough to attract an appropriate pool of prospects, and competitive offers.  While most selling agents counsel their clients to consider this equation when pricing their home, keep in mind that some homes are not properly priced. 

 

It’s important to educate yourself about the current market before approaching the purchase of a home.  The market will always influence a property’s value, regardless of the state of a home, or its desirability.  Here are the types of market conditions and how they may affect you:

 

  1. Seller’s Market:

 

A seller’s market is considered a “hot” market.  This type of market is created when demand is greater than supply—that is, when the number of buyers exceeds the number of homes on the market.  As a result, these homes usually sell very quickly, and there are often multiple offers.  As a buyer, you need to consider that many homes will sell above the asking price; in other words, you may have less room to negotiate, and may encounter competing offers.  Though most buyers want to get a home for the lowest price possible, reducing your offer could mean opening the door for another buyer instead.

 

  1. Buyer’s Market:

 

A buyer’s market is a slower market.  This type of market occurs when supply is greater than demand, the number of homes exceeding the number of buyers.  Properties are more likely to stay on the market for a longer period of time.  Fewer offers will come in, and with less frequency.  Prices may even decline during this period.  As a buyer, you will have more selection and flexibility in terms of negotiating toward a lower price.  Even if your initial offered price is too low, the seller will be more likely to come back with a counter-offer, so you can begin the process of negotiation. 

 

  1. Balanced Market:

 

In a balanced market, supply equals demand, the number of homes on the market roughly equal to the number of buyers.  When a market is balanced there aren’t any concrete rules guiding whether you should make an offer at the higher end of your range, or the lower end.  Prices will be stable, and homes will sell within a reasonable period of time.  You will have a decent number of homes to choose from, and may encounter some competition for offers on the home of your choice, or none at all.

 

Before you make an offer to purchase a home, establish whether the current market is a Buyer’s, Seller’s, or Balanced market.  Also, evaluate the price similar properties have sold for in the area, and the length of time these properties spent on the market.  Determine how the home you’re considering compares to these other sales.  Is this one over-priced, under-priced, or a fair price?  By establishing this information prior to making an offer, you will be in a position to negotiate the best price for the home and be prepared for any additional opportunities that may come your way. 

 

Keep in mind, a realtor is trained to provide clients with this information about the market, helping you make the most informed decision possible.  The right realtor will guide you through the ups and downs of the market and keep you up-to-date with the types of changes you might expect.  These realtor resources and connections will prove to be invaluable as you navigate the real estate market.

 

The other main factors that affect market value are:

 

  1. Location:

 

The proximity of the home to amenities, such as schools, parks, public transportation, and stores will affect its status on the market.  Also, the quality of neighbourhood planning, and future plans for development and zoning will influence a home’s current market value, as well as the ways in which it might change. 

 

  1. Property:

 

The age, size, layout, style, and quality of construction of the building will all affect a property’s market value, as well as the size, shape, seclusion and landscaping of the yard.

 

  1. Condition of the Home:

 

This includes the general condition of the home’s main systems, such as the furnace, central air, electrical system, etc., as well as the appearance and condition of the fixtures, the floor plan of the house, and its first appearances.

 

  1. Comparable Properties:

 

Examine the selling and asking prices of similar homes in the neighbourhood.  Ask your Realtor to prepare you a general market analysis of the neighbourhood you’re interested in, so you can determine a range of value for a particular property.  A market analysis will provide you with a market overview and give you a glimpse at what other similar properties have been selling for in that area.

 

  1. Market Conditions/ Economy:

The market value of a home is additionally affected by the number of homes currently on the market, the number of people looking to buy property, current mortgage rates, and the condition of the national and local economy.

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Please visit our Open House at 1100 KERWAN AVE in Coquitlam.
Open House on Sunday, June 8, 2014 1:00 pm - 4:00 pm
Location, Location, Location! Homes on this street rarely come on the market. Don't miss out on this spacious well maintained 4 bedroom home on an over 11,000 sq ft lot with lane access. You will love the nice open floor plan with generous room sizes & spacious living room & dining room with gas fireplace & hardwood floors throughout the main. Big bright kitchen with raised white cabinets, island with cook-top range & tons of cupboards & counter space & a large eating area with slider to large wrap around sundeck overlooking the huge fully fenced backyard. Fully finished basement with a large games room as well a nice big family room with gas fireplace, 4th bedroom & a 3 pce bath. Hobbyists & car enthusiasts will love the 26 x 31 detached garage with 10 ft ceilings, 220 power & a 9 ft driveway for RV parking plus a 36 x 34 parking area.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.