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Showing posts from September, 2020

What You Need To Know About Property Assessments ?

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  Langley Realtor   Matthew Rufh  can provide a more current market picture for your home. The relationship between your home’s annual assessment and property taxes, and the effect that valuation may have on the market value of your home, can be confusing. For example, changes to the assessed value of your Langley area property don’t necessarily send your municipal property taxes up or down. Not only that, but the  Real Estate Assessments  can also be far different than the price your home could sell for, says Matthew Rufh, with the  Rufh Real Estate Group  and Royal LePage Wolstencroft. “ Real Estate Assessments  went down in some parts of Langley British Columbia Real Estate and actually went up in others,” he says. “If your assessment has gone up but the selling prices of homes in your neighborhood have come down, there may be a good argument to appeal.” To dispute or not to dispute? You’ve got until Jan. 31 to  file an appeal  with ...

What Defines The Character Of The Best Realtor In Langley?

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  Over the years, the L angley British Columbia Real Estate  market has witnessed many changes, fluctuations, revisions in government policies, etc. some region-specific, some not. With changing times, the scenario requires someone who can understand the current trends and foresee the next change before it occurs. As a L angley Realtors , Insight has got to be one of the primary qualities, which is necessary to help all your clients derive the maximum benefit from your involvement. Being the Best Realtor in Langley , there are quite many things that I have learned as experience over a number of years! Realtor services are not just about helping a person sell, and the other person in buying what they need. You just need to understand, what both of them want “Specifically”. To begin with, you must approach them, and have an elaborate & clear conversation about the premises on offer. This takes your time more than any other activities related to real estate, which you may th...

WILL MY HOME EVER SELL? – HANG IN THERE!!

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  With the midway point to summer fast approaching, some sellers may be losing hope in the quest of selling their home. Some are left scratching their heads and asking, “Will my home ever sell?” or “Wow this market changed fast”. From a Real Estate professional standpoint, let’s have a look at some factors. Summer is traditionally a slower month in all aspects, open houses, showings, closed deals. It only makes sense though, people like to make the most of their summer, camping, boating, road trips, cross-country family reunions, the list goes on. We all know the mortgage rules in Canada changed significantly on January 1 st  of this year (209 days ago to be exact, so hats off if you are still 209 days into your new year’s resolutions!). This change is affecting what people can qualify for and the implementation of a new stress test. But there are sales stats from January to now showing properties have still changed hands! So we cannot use that as an excuse anymore. There wil...

DON’T JUST READ HEADLINES

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  “ Real Estate in Vancouver is down 25, 35, 40% in some areas” are the headlines we have seen as of late. Since both the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board released their June 2018 stats last week. But these headlines don’t paint the actual picture of what it is we are seeing. Inventory is up considerably from last year and the sales are down from last year’s levels. Does this mean prices are plummeting? No. What this means is the market is moving towards a balanced market (no longer a seller’s market). Seller’s market consists of when inventory levels sit around the 1-3 months of inventory (days on market comes into play here) balanced is 4-6 months of active inventory and 6+months is a Buyers market. In most cases with the low sales numbers (-38% from last year) prices are actually up a bit, the HPI benchmark price on townhomes, for example, is $558,000. So what does this all mean? If you are selling, now more than ever you need to s...