Welcome to the blog section. In this blog I’ll be posting about what is happening around my neighbourhood (Yaletown & False Creek North), Vancouver luxury real estate,   real estate and related issues. If you have any suggestions, please let me know, have fun.
 
 
Thursday, September 30, 2010

Top grants and rebates for property buyers and owners in #Vancouver. 16 of 21.

BC HYDRO MAIL-IN REBATES/SAVINGS COUPONS.

To save energy, BC Hydro offers rebates including 10% off an ENERGY STAR cordless phone; 50% off an E2 dual flush toilet; $15 off a clothes drying rack; and 50% off Earth Massage showerheads. Check for deadlines.

For full information you can access: www.bchydro.com/rebates_savings/coupons.html or you can call 1-800-224-9376

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Thursday, September 30, 2010

Glossary of Real Estate Terms: word of the day ASSESSOR

A public official who establishes the value a property for taxation purposes.

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Wednesday, September 29, 2010

Top grants and rebates for property buyers and owners in #Vancouver. 15 of 21.

BC HYDRO WINDOWS REBATE PROGRAM.

Customers can save $100 per window on BC made ENERGY STAR. Sorry, program no longer available. But follow the link to to check current promotions and tips http://www.bchydro.com/rebates_savings/windows_offers.html

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Wednesday, September 29, 2010

Glossary of Real Estate Terms: word of the day ASSESSED VALUE

ASSESSED VALUE

Typically the value placed on property for the purpose of taxation.

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Tuesday, September 28, 2010

Top grants and rebates for property buyers and owners in #Vancouver. 14 of 21.

14- BC HYDRO FRIDGE BUY-BACK PROGRAM (Different from appliance rebates).

This ongoing program rebates BC Hydro customers $30 to turn in spare fridges measuring 10-24 cubic feet in working condition.

For full information you can access: www.bchydro.com/rebates_savings/fridge_buy_back.html or you can call 604-881-4357

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Tuesday, September 28, 2010

Glossary of Real Estate Terms: word of the day APPRECIATION

APPRECIATION

An increase in the value of an item (e.g., the increase in the market value of real estate).

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Monday, September 27, 2010

David Lam Park in #Yaletown (video), #Vancouver, British Columbia, Canada.

David Lam Park:

 

Location

1300 Pacific Boulevard
(@ Drake Street)

 

Neighbourhood

False Creek North

 

Area

4.34 hectares

 

Recreation Facilities

2 basketball courts, seawall, 2 tennis courts, 2 playgrounds, soccer field and washrooms. Aquabus (Yaletown Station)

Washroom Information- open from 10 until dusk

 

About the Park

This stunning downtown park is an intricate mix of active and passive recreation opportunities, all with views of False Creek and Yaletown. Sports courts and playgrounds are sheltered by lush plantings, and a large open lawn is perfect for kite flying, resting in the sunshine, or hosting an outdoor festival. David Lam Park is also home to several intriguing sculptures nestled along the waterfront.

 

History

This park was named in 1995 for British Columbia Lt. Governor David Lam.

 

 

Buildings that are close by (250meters):

The 501 – 501 Pacific, Murchies Building – 1216 Homer St., West One – 1408 Stratmore Mews, Azura II – 1495 Richards St., Pacific Point – 1331 Homer St., Aquarius Villas – 1111 Marinaside Cr., Aquarius I – 1199 Marinaside Cr., Aquarius II – 198 Aquarius Mews, Aquarius III – 189 Davie St., The Peninsula – 1201 Marinaside Cr., Azura I- 1438 Richards St., Aqua At The Park – 550 Pacific St., The Grafton – 1238 Homer St., Alda – 1275 Hamilton St., Concordia – 199 Drake St., Parkview Gardens – 212 Davie St., Columbus – 1383 Marinaside Cr., Marinaside Resort – 193 Aquarius Mews, Ellison – 1228 Homer St., Pacific Plaza II – 1177 Pacific Bv., 1241 Homer – 1241 Homer St., Concordia II – 139 Drake St., Penninsula – 1201 Marinaside Cr., Governor’s Tower – 388 Drake St., Pacific Plaza – 283 Davie St., Waterford – 1483 Homer St., The Grace – 499 Drake St., Cresmark I- 1288 Marinaside Cr., Crestmark II – 1228 Marinaside Cr., The Erickson – 286 Beach Cr., Kings Landing – 428 Beach Cr., The Concord – 1328 Marinaside Cr.

 

Manny Riebeling Realtor

Sutton West Coast Realty

http://www.propertiesbymanny.com

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Monday, September 27, 2010

Top grants and rebates for property buyers and owners in #Vancouver. 13 of 21.

BC HYDRO APPLIANCE REBATES.

Mail-in rebates of $25 - $50 for purchasers of ENERGY STAR clothes washers, refrigerators, dishwashers, or freezers between June 1, 2010 and March 31, 2011, or when funding for the program exhausted.

For full information you can access: www.bchydro.com/rebates_savings/appliance_rebates.html or you can call 1-800-224-9376

 

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Monday, September 27, 2010

Glossary of Real Estate Terms: word of the day APPRAISAL

APPRAISAL

A written estimate or opinion or a property’s value prepared by a qualified appraiser.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Friday, September 24, 2010

I love my #iPhone, but if the #Seabird concept ever materializes, its bye bye to my iPhone see the video here

Read about the project at http://www.MozillaLabs.com/seabird
Designed by Billy May: http://www.Billy-May.com

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Friday, September 24, 2010

The value of working with a REALTOR® in #Vancouver

Introduction

REALTORS® provide a broad range of services, depending on their individual business models and the agreement between you and your REALTOR® as to which services you want.

 

Depending on that agreement, services may include helping you determine the value of your home if you’re a seller, or helping you establish a reasonable purchase offer if you’re a buyer.

 

It may include listing a property for sale on the Multiple Listing Service® (MLS®) to bring it to the attention of REALTORS® working on behalf of buyers. It may include marketing a property on www.realtor.ca or www.realtylink.org, in a local newspaper, on signs, via open houses or other advertising vehicles. It may include seeking the REALTORS® help to negotiate the sale if you’re the seller, or to negotiate a purchase price and conditions if you’re a buyer. It may include seeking a REALTORS® advice on conditions and appropriate subjects.

 

There are a lot of 'mays' in the range of potential services, again depending on a REALTORS® specialties, i.e. residential, commercial, the types of services a REALTOR® offers, and the types of services you choose.

What’s equally valuable is the level of protection you gain from hiring a REALTOR®. Buying a home is the most significant purchase most people make in a lifetime. A REALTOR® brings assurances and safeguards to the process.

 

Each stage of the transaction occurs in front of a well-regulated backdrop created over many years to protect the public. This includes REALTOR® insurance, an assurance fund, and multiple avenues of recourse if someone feels their agent did not act in accordance with their professional and contractual obligations. Those avenues include the BC Real Estate Council and the appropriate real estate board                                                                                                                            

 

Here’s a more comprehensive list of the protections that come from working with a REALTOR®:

 
Standards, legislation and requirements

The real estate profession is one of the most highly regulated in the country. The Real Estate Council of BC is a regulatory agency established by the provincial government to protect consumers through the licensing of all individuals who practice real estate in the province. The conduct requirements for all real estate licensees and brokerages include:

 

1. Undivided loyalty. The brokerage must protect the client’s negotiating position at all times, and
    disclose all known facts, which may affect or influence their decision.
2. Obey all lawful instructions of the seller.
3. An obligation to keep the confidences of clients.
4. The exercise of reasonable care and skill in performing all assigned duties.
5. To account for all money and property placed in a brokerage’s hands while acting for the client.

 

The above speaks to the minimum required under the Real Estate Services Act.

 

REALTORS® are subject to a higher standard. As members of their local real estate board, REALTORS® are also required to adhere to the Canadian Real Estate Association’s REALTOR® Code and Standards of Business Practice.

 

Both the Real Estate Council of BC and the 12 BC real estate boards use an investigatory and disciplinary process to deal with complaints. Realtors who are found to have breached either the legislation or the REALTOR® Code are subject to sanctions by their board and/or the Real Estate Council.                                                                                            

 

REALTOR® duty to disclose

In 1991, the BC Real Estate Association, the provincial association for REALTORS®, introduced the Property Disclosure Statement (PDS). This document is a detailed form that asks a property seller to disclose any defects to a prospective buyer. This document is not required by law, however, the REALTORS® of BC decided to make the PDS (and its complementary forms, the Strata Property Disclosure Statement and the Rural Property Disclosure Statement) available to any client wanting to list a home on the MLS®. The PDS can be legally incorporated into the Contract for Purchase and Sale.

 

The PDS goes beyond current legal disclosure obligations and requires that potential problems be itemized for prospective buyers, such as buried fuel storage tanks, asbestos insulation, unauthorized rental suites, renovations done without a permit, moisture problems, unregistered easements or encroachments, and whether the home was ever used as a grow-op or drug lab.

 

Although the PDS is never a substitute for a thorough, professional home inspection, it is a great place for buyers to begin their due diligence investigation into any home they are hoping to purchase.

 

By choosing to create the PDS, the REALTORS® of BC sought to provide the public with an additional level of certainty when they purchase a home.

 

Special Compensation Coverage

The Real Estate Compensation Fund Corporation is mandated within the Real Estate Services Act and provides protection for consumers who have lost deposit monies entrusted to a real estate licensee (or an unlicensed individual related to the brokerage, for example, a receptionist, director or officer) that is misappropriated, wrongfully converted, intentionally not paid or accounted for or obtained by fraud. As a condition of licensing, it is mandatory for all licensees to participate in the fund.

 

Transaction deposits held by real estate brokerages are protected by the Special Compensation Corporation and are held by the brokerage as the stakeholder until the transaction completes or the parties give instructions as to the disposition of the deposit. Deposit monies can only be removed from a brokerage trust account under specific circumstances. Check with your REALTOR® for more information.                                                                                                                                   

 

Errors and Omission insurance

Anyone licensed to engage in real estate in BC is required to have Errors and Omission Insurance. This provides coverage for professional errors.

 

Recourse for the public

Both the Real Estate Council of BC and the 12 BC real estate boards have an investigatory and disciplinary process to deal with complaints. REALTORS® who are found to have breached either the legislation or REALTOR® Code are subject to sanctions by their board and/or the Council.

 

Real estate boards deal with breaches of the REALTOR® Code. The Real Estate Council of BC deals with breaches of the Real Estate Services Act.

 

The Professional Standards Department at the Real Estate Board of Greater Vancouver (REBGV) educates members about professional conduct, and resolves and mediates complaints and concerns of both members and consumers. Where a resolution isn’t possible, files can be forwarded to the Board’s Professional Conduct Committee for further review.


The REBGV website is www.rebgv.org.

The Real Estate Council enforces entry qualifications, investigates complaints and imposes discipline under the Real Estate Services Act. The Real Estate Council of BC website is www.recbc.ca.

 

REALTORS® education

REALTORS® complete educational and licensing requirements and must be of good reputation in order to become licensed.

 

REALTORS® are committed to continuing education and consistently refine and improve their skills and professional knowledge through participation in the profession’s required Professional Development Program.

 

Every two years, REALTORS® must complete a required number of course credits as a condition of continued membership in their Board. These courses are designed to keep REALTORS® up-to-date with new and changing information relating to real estate. As licensees, REALTORS® are also required by the Real Estate Council of BC to complete a re-licensing education program every two years. 

 

Article provided by the Vancouver Real Estate Board.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Friday, September 24, 2010

Top grants and rebates for property buyers and owners in #Vancouver. 12 of 21.

BC RESIDENTIAL ENERGY CREDIT.

Home owners and residential landlords buying heating fuel receive a BC government point-of-sale rebate on utility bills equal to the provincial component of the HST.

For full information you can access: http://hst.blog.gov.bc.ca/faqs/energy-credit or you can call 604-660-4524

 

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Friday, September 24, 2010

Glossary of Real Estate Terms: word of the day ANNUITY

ANNUITY

An amount paid yearly or at other regular intervals, often at a guaranteed minimum amount. Also, a type of insurance policy in which the policy holder makes payments for a fixed period or until a stated age, and then received annuity payments form the insurance company.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Thursday, September 23, 2010

Se we are back to school, are you looking for the #Vancouver elementary schools rankings? download it here.

report card on British columbia's Elementary Schools 2010

To download, just click on the image.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Thursday, September 23, 2010

Tired of receiving Junk Mail in #Vancouver?

If you no longer wish to receive junk mail in Vancouver, you can call Canada Post at:

604-662-1606 ext. 21381

Monday to Friday 6am – 2pm,

Just stat the you no longer wish to receive “ADMAIL.”

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Thursday, September 23, 2010

Top grants and rebates for property buyers and owners in #Vancouver. 11 of 21.

LiveSmart BC: EFFICIENCY INENTIVE PROGRAM.

Home owners improving the energy efficiency of their homes who hire a certified energy advisor may qualify for cash incentives through this provincial program provide in partnership with Terasen Gas, BC Hydro, and Fortis BC.

For full information you can access: www.livesmartbc.ca/rebates or you may call 1-866-430-8765

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Thursday, September 23, 2010

Glossary of Real Estate Terms: word of the day ANNUAL PERCENTAGE RATE (APR)

ANNUAL PERCENTAGE RATE (APR)

The measure of the cost of credit stated as a yearly rate; includes such items as the stated interest rate, plus certain charges.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Wednesday, September 22, 2010

Top grants and rebates for property buyers and owners in #Vancouver. #YVRRE. 10 of 21.

CMHC MORTGAGE LOAN INSURANCE PREMIUM REFUND.

Provides home buyers with CMHC mortgage insurance, a 10% premium refund and possible extended amortization without surcharge when buyers purchase an energy efficient home or make energy savings renovations.

For full information you can access: www.cmhc.ca/en/com/moloin/moloin_008.cfm#reno

 

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Wednesday, September 22, 2010

Glossary of Real Estate Terms: word of the day AMORTIZE #YVRRE

AMORTIZE

To repay a mortgage with regular payments that cover both principal and interest.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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Tuesday, September 21, 2010

Glossary of Real Estate Terms: word of the day AMORTIZATION SCHEDULE

AMORTIZATION SCHEDULE

A timetable for payment of a mortgage loan. An amortization schedule shows: the amount of each payment; the amount to be applied to principal an interest; and the remaining principal balance after each payment is made.

 

The enclosed information while deemed to be correct is not guaranteed.

Search for listings on your own Virtual Office Website (VOW), sign up for a FREE subscription and receive listings before mls.ca, in Full Public Printout. search by address, MLS#, street, view walkscore or using your iPhone, Android or iPad.

Keep up to date with Vancouver’s changing real estate market, subscribe via RSS or email

When you’re ready to buy or sell Vancouver real estate, contact Manny Riebeling

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CONTACT ME
Vancouver Realtor Condos Yaletown & Downtown Luxury Real Estate
Cell:(604) 728-9510
Sutton Group West Coast Realty
301-1508 West Broadway
Vancouver, British Columbia
V6J 1W8 Canada