Archive for October, 2008

How do I avoid buying a leaky condo?

October 23rd, 2008

Leaky condos have long been a concern and with the recent relevations that we have only seen the beginning of the problem. I thought the following artilce was a great resource for Buyers. I found this on John Grasty’s blog, John is a licensed realtor.
How do I avoid buying a leaky condo?
The number of [...]

Condo Owners Everywhere Face the Same Problems!

October 22nd, 2008

We have probably all heard of instances where there are disputes between developers and owners of condo units. Especially in BC where we have endured years of the leaky condo syndrome.
Well you may be surprised to know that it is not only here, but probably almost everywhere that these issues exist. As is pointed pointed [...]

Vancouver Realestate, How Stats are Critical When Selling?

October 21st, 2008

Sellers, in this competitive market it is best to arm yourself with the most information possible. When you are making a decision to sell and trying to determine a price the stats will be an invaluable tool. Make sure your realtor provides you with the most up to date and relevant information.
In September there were [...]

Condo Prices Rise in the Fraser Valley!

October 19th, 2008

Well in this time of prices falling, and the apparent sky falling it is interesting to note that condo prices actually increased in the Fraser Valley in September as is discusses in the Tri-City News article Financial market crisis a factor as real estate market slips
The news is not all good of course, it seems [...]

Now Review Developers!

October 18th, 2008

New to condoadvisory.com, you can now review developers. This will be an invaluable feature and will allow you to get the real story on developers before you buy from them, or tell your stories to help those who are trying to make that purchasing decision. Please check it out and add some reviews.

$100 Cash Giveaway Contest!!!

October 17th, 2008

CondoAvisory.com announces $100 cash giveaway contest. From October 15th to November 15th, any member who adds two favorites to their profile will automatically be entered to win a weekly prize and the possibility to win $100 cash. Visit www.condoadvisory.com for more details.

Vancouver Developers Could Seek Legal Action Against Pre-Sale Buyers

October 16th, 2008

It is a trend that I see happening more and more. With the decrease in market values in the condo market, and the often over inflated prices people have been paying for pre-sale condos the last couple of years, when buyers are faced with completing on the units they are finding that the value [...]

Surrey Development in Bankrupcy??

October 16th, 2008

The once hyped development of three large towers, Infinity at Central City appears to be having financial problems again. These are unconfirmed reports at this point but given the current market conditions and things that have happened with other developments in recent times this does not come as a surprise, rather a confirmation of possible [...]

Condo Sellers Need Not Panic, But should be Realistic!

October 14th, 2008

In this changing market I think it is important as a Seller (and a Buyer for that matter) to be realistic.
There does seem to be a number of Sellers who are in a panic mode and feel that the sky is falling so they are selling their condos for far below market value. I do [...]

New Building Techniques BeingUsed in Squamish Development

October 14th, 2008

I came across an interesting article about a new construction technique that saves time and seems to improve quality control when constructing multi family developments. With all the past problems with leaky condos and time delays with new developments I though this was an interesting concept. Rather than try to explain, have a read of [...]

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