Blog by Kory Prince

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Good Debt versus Bad Debt

February 29th, 2012

Good Debt versus Bad Debt


Chess.jpgNot all debt is created equal – and not all debt is bad. In fact, you need some debt to establish a good credit rating. Being a responsible borrower means knowing which types of debt can help you reach your financial goals and which types leave you further behind. 


Good debt includes any investment or purchase that helps improve your overall financial position. Mor ...

Great New Website: FreePropertyValuation.ca Determines Your Home's Market Value for FREE!

February 28th, 2012

Great New Website: FreePropertyValuation.ca Determines Your Home's Market Value for FREE!


Market ValueI am excited to share with you an amazing new service that will actually email you a report that helps you determine the Market Value of your home for FREE in minutes! All you do is VISIT: www.FreePropertyValuation.ca


This FREE NEW SERVICE represents a new shift in ACCESS to Real Estate information. It ...

50 Ways to Green Your Home and Save $$$ in Greater Vancouver

February 27th, 2012

50 Ways to Green Your Home and Save $$$ in Greater Vancouver


Green Home.jpgSaving money and protecting the environment are two issues that virtually everyone is interested in hearing more about. The Real Estate Board of Greater Vancouver (REBGV) has created a quick reference guide to help out. All you have to do is CLICK HERE


If you have any questions or if you would like me to help you find an incredibl ...

Property Information that Matters

February 23rd, 2012

Property Information that Matters


In this section you'll find useful information about housing related programs, grants and taxes.


Property tax

An overview to understanding property taxes, your property tax notice, and the benefits we get in return.

Property transfer tax

BC home buyers pay a provincial property transfer tax. What does that mean?

Property assessments
 

What's the di ...

BC Home Owner Grant Threshold Keeps Pace with Assessments

February 22nd, 2012

  

Money Home.jpgTo keep pace with rising property assessments, the BC government has raised the Home Owner Grant threshold to $1,285,000. The threshold is the maximum assessed value a property can reach to allow the property owner to claim the full Home Owner Grant.


BC Assessment estimates the value of all BC homes on July 1 eac ...

New Privacy Guidelines for Strata Corporations

February 21st, 2012

New Privacy Guidelines for Strata Corporations


Privacy.jpgStrata corporations will now find it easier to comply with the requirements of the Personal Information Protection Act (PIPA) thanks to new guidelines from the Office of the Information & Privacy Commissioner.

PIPA imposes rules on strata corporations and strata managers regarding the collection, use and disclosure of personal information.

Th ...

6 Ways to Create Wealth Through Real Estate

February 20th, 2012

6 Ways to Create Wealth Through Real Estate



Key Success.jpgSure, real estate is a big investment. But remember it IS  an investment. If you purchase a property strategically, it can help you generate income, tax savings and capital appreciation. Here are some proven ways to make money:  

1.Use your home for a business. Not only does this save you the cost of renting a separate location for your business, ...

Government Announces New HST/PST Housing Transitional Rules

February 17th, 2012

Government Announces New HST/PST Housing Transitional Rules

 

The government today announced the HST/PST transitional rules on new homes.

Real estate tax.jpgAs the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers include:

  • The BC New Housing Rebate threshold will increase to $850,000 from $525,000, so that more than 90% ...

New Strata Property Regulations Approved by BC Government

February 16th, 2012

Highlights of the new regulations

These regulations were developed after extensive consultation with strata owners and corporations, legal experts and other professionals. In addition, 1,800 British Columbians participated in an online consultation survey.


Strata.jpgDepreciation reports

Depreciation reports are now mandatory for all strat ...

How Are You Protected When Working With a Realtor?

February 15th, 2012

Real Estate Services Act

Protection.jpgLicensed REALTORS® in BC are governed by the Real Estate Services Act and rules and regulations. The profession is one of the most highly regulated and offers consumers significant protection.

The Real Estate Council of BC protects consumers through the licensing of all REALTORS® and brokerages engaged in real e ...

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