We are here for you
Buying a home is one of the largest financial transactions you will make in your life, so there are many important questions to consider when purchasing a home. Darryl goes beyond the transaction and will be there with you every step of the way. Trust the experience of a CENTURY 21 Realtor to help you find your dream home.
We are here for you
Buying a home is one of the largest financial transactions you will make in your life, so there are many important questions to consider when purchasing a home. I will go beyond the transaction and will be there with you every step of the way. Trust the experience of a CENTURY 21 Realtor to help you find your dream home.
Supporting you every step of the way
If you're buying, I can enhance your search process by helping you uncover what you may not have considered. Whether it is schools, lifestyle, or the investment value of the property. Using my property search tools, you will be able to find the home that best meets your needs. Finally, with my knowledge of the market, real estate expertise and negotiating skills, I will help you get the best possible deal and handle all the critical details.
Supporting you every step of the way
If you're buying, I can enhance your search process by helping you uncover what you may not have considered. Whether it is schools, lifestyle, or the investment value of the property. Using my property search tools, you will be able to find the home that best meets your needs. Finally, with my knowledge of the market, real estate expertise and negotiating skills, I will help you get the best possible deal and handle all the critical details.
Featured listings
Featured listings
HOME BUYER'S GLOSSARY
AMORTIZATION SCHEDULE
The number of years it takes to repay the entire amount of the financing based on a set of fixed payments.
Assessment
The process of determining the market value of a property.
Closing Date
The date on which sale of the property becomes final and money changes hand from they buyer to the seller by way of your Notary/Lawyer.
Collateral
An asset, such as term deposit, Canada Savings Bond, or automobile, that you offer as security for a loan.
Deposit
A sum of money deposited in trust by the purchaser on making an offer to purchase. The standard amount is 5% of the purchase price but can be negotiated. This is usually due 24 hours after the final subject removal. The deposit is normally held in trust by the buyer's real estate broker until the closing date of sale, at which point it is given to the vendor as part of the sale price.
Deposit
A sum of money deposited in trust by the purchaser on making an offer to purchase. When the offer is accepted by the vendor (Seller), the deposit is held in trust by the listing real estate broker, lawyer, or notary, until the closing date of sale, at which point it is given to the vendor.
Equity
The difference between the market value of the property and any outstanding mortgages registered against the property. This difference belongs to the owner of that property.
Possession Date
The date on which the new owner takes possession of the property and can move in. There is usually at associated with this date (1pm for example) and is usually 1 to 2 days following the completion date.
Property Transfer Tax
This is a BC provincial tax that applied to most residential real estate purchases.
The amount is based on the fair market value of the property (usually the purchase price) and is 1% up to and including $200,000 plus 2% of the amount greater than $200,000 and up to and including $2,000,000 plus 3% of the amount greater than $2,000,000.
If you are not exempt or partially exempt, it is payable at the closing date and can not be rolled into your mortgage payments.
Take the next step in your journey
I look forward to working with you and helping you reach your home ownership goals. Reach out to get in touch and start the process today. I offer:
