Archive for August, 2008

Condo Advisory Blog Launched, Welcome!

August 30th, 2008

Welcome to CondoAdvisory Blog!
We are exited to bring you this forum for condo buyers, sellers and renters everywhere. We aim to bring you important information on all aspect of condo buying, selling and living and with your input this will be a place we can all learn more about this increasingly important topic.
With all the issues [...]

Vancouver Developers to be Rated by Renowned J.D. Power

August 28th, 2008

Eight thousand buyers of new condominium and townhouses have been contacted by J.D. Power and Associates as the international rating agency prepares to judge – and award – Metro Vancouver’s major multi-family developers for the first time” *source: Real Estate Weekly, Burnaby edition, August 29th, 2008.
This is long overdue, there have been numerous horror stories [...]

Westminster Towers, Stay Away!

August 26th, 2008

Wow, check out the reviews on Westminster Towers (55 10th Street in New Westminster).
“Former crack house in
this building”
“Could it get worse”
 Scary. I would love to hear if anyone else has more inside information on this buidlin, or any others for that matter.
http://www.condoadvisory.com/item.php?item_id=296

Many Oppose Tougher Mortgage Rules?

August 26th, 2008

 In the article referenced by the link at the end of this post we see that the majority of Canadians feel the tightening of lending in Canada is a good thing, but you wouldn’t guess that from the title. It seems that we keep hearing the minorities views being flogged as the majorities views, no wonder [...]

Engineers Reports, You Must Ask!

August 25th, 2008

In this age of leaky condos, and just in general with all the different issues you may encounter with a condo building (just as you would with a house) it is important to get as much information as possible before buying. We all rely on our Realtors and building inspectors to tell us all they [...]

Tips For Selling in a Declining Market

August 24th, 2008

Well this is something that most people have not had to worry about for a number of years so I thought it may be useful to refresh our memories. In any market conditions properties are always bought and sold, the key is to make sure your property is one of the ones that sell. There are [...]

“Only 42 per cent of all leaky units have been repaired to date”

August 22nd, 2008

Key findings from the new HPO report:” it estimates that only 42 per cent of all leaky units have been repaired to date, which means 58 per cent (or 41,529 units) still require repair”
HPO, short for Home Owners Protection Office plays a large role in helping homeowners finance repairs to their leaky condos interest free.
Wow, [...]



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