Understanding the Foreign Buyers Ban – and Where It Doesn’t Apply

Since January 1, 2023, Canada has had a Foreign Buyers Ban in place, restricting non-Canadians from purchasing certain types of residential property. The goal of this legislation is to help keep housing more accessible and affordable for Canadians.

However, …

Introduction

Welcome to the Comox Valley! This stunning region on Vancouver Island, encompassing the charming communities of Cumberland, Courtenay, and Comox, offers a unique blend of natural beauty, vibrant culture, and a welcoming atmosphere. If you're considering making the Comox Valley your new home, especially as a first-time homebuyer, you're …

Under the Residential Tenancy Act, a landlord can end a tenancy for personal or caretaker use. There are new rules as to how it can be done. As of July 18, 2024 according to the BC Real Estate Association's July 4 news release:

1. Mandatory Use by Landlords of New …

This is a change that I am happy to see.

In the past the Provincial Government introduced the concept of The Depreciation Report. The Depreciation Report is an indepth look at a strata building and provides insight into repairs and replacements of parts of a strata so that proper budgeting …

It is forest fire season in Canada and that means that insurance companies are watching where fires are burning in your neck of the woods. For example, on Vancouver Island as of writing this article there are two forest fires. Insurers have rules around insuring homes near forest fires …

Selling a house due to separation or divorce can be stressful on all parties and this is where we come in. I have gone through this before. Trust me, I get it. You are dealing with managing finances, trying to maintain a normal homelife for dependents, figuring out what is …

Effective January 1, 2023 foreign citizens will not be allowed to buy a residential property in Canada except in certain areas (Whistler for example) or if you are one of the following:

(a) a temporary resident within the meaning of the Immigration and Refugee Protection Act who satisfies prescribed …

AKA The least the government could do and still save face.

This new policy essentially protects Buyers who got in way over their head in making a really bad emotionally charged decision. Basically, for three days after an offer is written a Buyer can cancel the transaction with no reason …

Radon is the #1 cause of lung cancer in non-smokers and second leading cause in smokers.

This smelless gas comes out of the ground and into our homes. Luckily on Vancouver Island we have very low radon gas emissions.  On the map below green is good! Green shows less than …