Aleya Bhaloo RE/MAX Crest Realty

Cell 604-209-4504 | EMAIL aleya@aleyabhaloo.com |

Welcome to the Erickson - Yaletown's most prestigious address. Luxurious waterfront living awaits you in this gorgeous 2bedroom, 2 1/2 bathroom home complimented with custom millwork throughout, limestone tiles and counters,2 steamshowers, spa - inspired bathrooms, top of the line appliances,floor to ceiling windows,Air Conditioning, plus 2 car private garage with built in cabinets. The building features concierge, indoor pool,sauna/steam room and theatre. Relax on your 450 sq. ft. wrap around patio right in the heart of Vancouver.  Steps to the seawall, the finest restaurants, shopping, plus entertainment. Luxurious water front living!

 

http://youryaletownlife.com/market-trends-and-tips.html/details-46074198

 

 

 

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CONDO ASSIGNMENTS FOR SALE

DEFINITION
An assignment (i.e. purchase) of the right to purchase a property. Specifically, it can be the transfer of a contract to purchase, before occupancy. After occupancy, the property can be sold and is classified as a 'resale'.
 
WHY ASSIGN AND NOT SELL?
The City has not given the permission for Occupancy yet. It cannot be a sold using conventional methods.
 

EXAMPLE
A Buyer just bought a new Condo. The Builder has given the Buyer the RIGHT TO ASSIGN the unit (sell the agreement) to another Buyer. This may happen for various reasons:

  • Buyer must sell
  • Buyer wishes to take out equity
  • Property appreciated and Buyer wishes to re-invest appreciation 
  • Market outlook looks bad

Many have taken advantage of the 'good times' and have been 'flipping condos' for investment purposes. Many clients have bought over and over only to be MORTGAGE FREE today.

It is an art to flip condos before they are built. This form of investment is not for the faint-of-heart. You need a knowledgeable real estate agent with financing capabilities to get into the game.

You are advised as to the builders, their success and mentality, the areas, why some are good buys and why others are not...
 

CONDO MARKET OUTLOOK - INDICATORS
Vancouver's Real Estate market appears to be able to hold and re-sell the units at least up to 2011.

  • Vancouver's condo market is being fueled by wealthy young professionals
  • They do not wish to travel hours to work
  • They are usually single or maybe couples
  • Many buyers are retired and love the downtown living
  • Vancouver's downtown core is revitalizing and becoming more vibrant and fun
  • Vancouver 's economy is stronger than ever and will continue to attract people wanting to live in  Vancouver

TIPS & TRICKS

  • Not all Builders allow assignment sales. Find out if the builder allows for assignment sales before you purchase. Find out if they are giving a discount
  • You may sell your unit at a higher price! Consult with a New Condo Specialist, like our team, for accurate pricing
  • The Assignment Fee can be negotiated and passed to the Buyer! Work with A Tough Negotiator
  • List your property with a Condo Assignment site, where your unit's visibility is GUARANTEED
  • Buy Your units early to save on Assignment Fees and to Maximize Your Benefit
Let's start investing smart!
Stay tuned for assignments available in your desired area :)
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I received this information today from a friend/mortgage
specialist so I thought I would pass it on :)
 

I wanted to pass along this article that I read on
Canadian Mortgage Trends:
 
http://tinyurl.com/3keecd9

 

Given the recent events in the U.S it looks like the
stage has been set for low interest rates for a very
long time.  There is talk that the bank of Canada
may even cut the prime lending rate which is a
180 degree change in rate views.  "100% probability
of a rate cut by year-end."  With bond yields low and
talk of fixed rates coming down even more, now is
a great time to buy.  If you're working with clients that
need to be pre-approved, please let me know.
 
Regards,

Jessica Williams
Scotiabank Mortgage Specialist
T: 778-288-1511
F: 1-877-498-2728

Jessica.williams@scotiabank.com

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Landscaping on a budget

If you haven’t tackled your landscaping yet because you think it’s not in your budget, you should know there are a few tricks you can use that are very inexpensive. You shouldn’t feel as though you have to splurge and buy everything all at one time either. Adding a few things here and there every week or every other week is often easier than paying for one big shopping spree.
Rocks and Stones
Borders, garden walkways and walls can be pretty expensive when you purchase commercial products. If you scout around and always ask permission, you’ll often find old bricks from structures that have been torn down that you can use for this purpose. Sure, they may be old but they have character! You can create walkways and even mock patio areas with stones and rocks as well which you can also often find for free.
Native Plants
You will find that native plants are not only traditionally inexpensive, they require less care. This means that you’re not having to water so much or buy fertilizer. You can often obtain seedlings or seeds from friends, family and neighbors if you ask around. Native plants traditionally resist disease and insects better as well. Keep in mind, the more plants, shrubs and trees you have, the less grass you have to maintain!
Experiment with Containers
If you do want to experiment with pricier plants, use containers for growing and place them around your landscaping. This will allow you to control and maintain them easier. Should you find that they do well in a certain location, you can always transplant them.
Make Use of Hedges
Hedges can outline your property, offer privacy and act as a sound barrier. Not to mention, those that stay full year round can help reduce your heating costs by blocking the cold winter wind when they’re strategically placed properly.
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Summer housing market trends toward balance after an active spring season.
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Thinking about investing in a place in Arizona??? This home is NOT a FORECLOSURE, and is located in the City of Chandler. This home is in a GATED COMMUNITY and features 3 bedrooms, 2 baths, granite kitchen counters, stainless appliances, 9+ ft. ceilings, a covered patio and includes a washer/dryer. You'll love this beautiful complex located in desirable Chandler which features a community Pool, Club House, work-out room and walking and biking trails. This property is featured at the affordable price of $89,900. The average rental amount of similar properties is $799/month and the estimated annual return on investment for this property is 10.54%. Contact me for more details on this home or any others. Don't forget I have real estate connections globally and can refer you to a Realtor who will take good care of you anywhere you are thinking about investing!  Stay tuned for more great investment opportunities not only just in Vancouver!
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Please visit our Open House at # 902 1050 BURRARD ST in Vancouver.
OPEN HOUSE:
Welcome to the Prestigious Wall Centre. Steps to shopping, fine dining, entertainment & the financial district. This 1 bedroom & den home features new stainless steel appliances, wood flooring, air conditioning, granite counters, plus so much more. The building has hotel amenities, great gym, pool, plus spa. Also included is 1 underground parking & storage locker.
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Concert is proud to introduce Salt, a 33-storey slender tower offering one of the first opportunities to purchase in the emerging neighbourhood – Downtown South – at a very attainable price.

Located at the corner of Hornby and Drake Streets, Salt provides a taste of urban living with easy access to Yaletown, Granville Island, English Bay, fashionable Robson Street and the downtown business core.

Salt’s streamlined, white modern interiors designed by renowned BBA Design offer a casual modern ambience with high-gloss white and vertical grain accent cabinetry; clean white glass tile backsplash and quartz countertops; built-in European appliances including Fisher-Paykel oven and dishwasher drawer and integrated Blomberg fridge with full matching overlay paneling; and long-lasting laminate wood flooring throughout, including the bedrooms.

Choose from one bedroom to two bedrooms plus den, many offering extraordinary panoramic views of the city, mountains, English Bay and beyond. Most homes range from 475 to 925 square feet with over 125 of the 194 homes priced between $295,000 and $495,000.
 
Contact me today for more details or for buyer representation.  If you register prior to April 30th, 2011 you will receive a free ipad . Don't miss out on this reasonable opportunity to own In Downtown Vancouver!
 

 

 

 

 
 
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Please visit our Open House at # 316 1055 RICHARDS ST in Vancouver.
OPEN HOUSE: Sunday December 5th 2-4 PM
Donovan! A Cressey development in the heart of Yaletown. Live the downtown lifestyle & enjoy this 601 sq ft 1 bdrm + den complete with hardwood flooring, stainless steel Miele appliance package, granite kitchen countertops, under-mount sink, designer fixtures & large insuite storage area. Geothermal heating & air conditioning are used to heat and cool the home. 1 secure parking space and 1 secure storage locker are included (great amenities too!) and the building is backed by Willis's 2-10-10 Warranty. OPEN HOUSE: Sat & Sun, Dec 4th & 5th, 2-4 PM.
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Please visit our Open House at # 9 1350 W 6TH AV in Vancouver.
OPEN HOUSE: December 4th 2-4 PM
This amazing 1-Bedroom & Den Townhome with private/secure front entry has been redesigned by Vilimek Design. Completely redone, shows like NEW. It is in the Pepper Ridge at South Granville/Fairview, a RAINSCREEN with FULL WARRANTY building! Just steps away from Granville Island. Beautifully refinished hardwood floors, wood-burning fireplace & mahogany tiles on mountain/city view patio. All new open kitchen with granite counters, lots of cupboard space, top-of-the-line, all new stainless steel appliances. Includes wall-mounted new 47" LCD HDTV & in-wall wiring, den/office (w/desk & shelves). Good sized quiet bedroom & new insuite full size washer/dryer. Smooth ceilings. A bath with glass tiles, all new fixtures, granite counter, double sinks. You need to see it to believe it! PUBLIC OPEN: Saturday/Sunday December 4th/5th, from 2-4 PM.
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