Deposit vs. Down Payment: Understanding the Differences

Posted on Sep 12, 2024

















When you're ready to make an offer on a property, you'll encounter two important terms: deposit and down payment. While both involve money and are crucial in the home-buying process, they serve different purposes. Understanding the distinction between these terms can help you with the home buying process more effectively.

The Deposit

A deposit is the...

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Vancouver Market Update For March 2024

Posted on Apr 12, 2024



The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23% year-over-year, providing more opportunity for buyers looking for a home this spring.The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7% decrease from the 2,535 sales recorded in March 2023. This was...

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Vancouver Market Update For October 2023 

Posted on Nov 06, 2023


In October 2023, 1,996 Vancouver houses were sold. These sales include 577 detached homes, 1,044 apartments and 356 attached homes. The average home price in Greater Vancouver was $1,299,503. This price represents an annual increase of 5.5% and a monthly increase of 0.1%. Market Report Summary for October 2023

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What To Look For When Buying A Vancouver Condo & Strata Property

Posted on Nov 03, 2023


When buying a condo, several key factors should be considered to make an informed decision. Not very strata and building is the same therefore asking the right questions is essential to make an informed purchasing decision. 

Here's what to look for:  

1. Location: Ensure it's close to transit, amenities, and schools. 
2. Size: Check if it accommodates you...

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Should I Buy or Sell My House First in Vancouver?

Posted on Nov 03, 2023



The age-old question for Vancouver homeowners looking to make a change is whether to buy a new house before selling their current one or vice versa. It's a decision that can significantly impact your finances and peace of mind. Here, we explore the pros and cons of each approach to help you make an informed choice.  

Buying First:  
1. No Rush: You secur...

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Best Family Friendly Neighbourhood in Vancouver

Posted on Nov 03, 2023



When Vancouverites plan to start a family, the topic quickly shifts to the real estate market. Living in a 1 bedroom condo in Downtown Vancouver doesn't have the same charm when you have kids screaming and running around. Here are some of Vancouver's best family friendly (and still trendy) neighbourhoods that you and your kids will love. Read More...

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