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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Reducing your carbon footprint goes far beyond recycling, solar panels and choosing non-toxic paint and flooring. The decor that you use in your home can also be environmentally-friendly as well. Today, designers are creating stunning pieces that are actually beneficial to your living space.
Bamboo – This raw material exploded in popularity many years ago and has not lost its novelty. This renewable resource not only makes beautiful products, it grows back fast! Fresh bamboo shoots are always a great idea to bring any room to life as well.
Recycled Glass – What else is there to do with recycled wine bottles, windshields and dinner plates besides make them into something spectacular. This glass is broken up into tiny pieces and then concrete holds it together. What you get are recycled countertops, tables, vases and more, made from materials that would have otherwise ended up filling landfills.
Recycled Aluminum – Many manufacturers are recycling industrial scrap metal, soda cans, etc., to use as backsplashes, countertops, accent furniture, art and even sculptures for your garden.
Cork – This is quickly becoming a preferred choice in flooring and is expected to be a material found in home accents in the near future. It’s durable, comfortable, water-resistant, contains no formaldehyde binders or PVC and is a renewable resource.
Other materials recognized as being environmentally-friendly are concrete, recycled paper and natural plaster. Whether you are building, remodeling or redecorating, there are now an abundance of choices available to make a contemporary home, GREEN!
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Just because you have a small space does not mean that you cannot create a completely modern home that you are proud to show off. Sometimes, having a smaller area to work with is actually easier to decorate because you don’t have to be worried about the design of one room flowing to the next!
Welcome the Sun – Natural lighting will amplify the size of your room. Heavy curtains should be avoided at all costs in small spaces.
Flexible Furniture – While you want to be able to entertain your guests at a full-size table, this will only take up a lot of space when not in use. Using a drop leaf table is the perfect solution. Also, don’t underestimate seating cubes or footstools that provide a modern appeal and can double as a a coffee table or an extra chair when needed.
Shelving – Small spaces can really benefit from shelving, not just for aesthetic purposes but for storage as well. Use decorative boxes that accent your decor to hide things you have no room for.
Minimal Furniture – That overstuffed sectional may look fantastic on the showroom floor but it will dwarf your room size. Keep furniture minimal with nice clean lines.
Don’t Forget Rugs – For whatever reason, many people feel that need a large space to lay down rugs. This is not true! You can even lay contrasting rugs over one another to give your studio apartment an ultra chic look that will leave your guests wondering if you hired a professional to design your interior.
Whether this is your first apartment or if you are simply downsizing, get comfortable in your space! You will find you may love the smaller area more than you ever imagined with the right accents.
When you are ready to purchase your new condo contact your Yaletown Realtor, Aleya :)
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