CondoAdvisory Blog

In this time of a declining activity and prices in the real estate, there are numerous incentives being offered to buyers from developers, Vendors, Banks etc.
These can range form such things as the Developer or Vendor paying the commissions on Selling your current home to cash back and new cars.
There are a few reasons to [...]

Seems that the question on everyone’s mind today is whether or not to Buy real estate. Whether it be for investment or living, the uncertainty in the markets and in general has people second guessing any decision to spend money and has made it possible for everyone to be an expert on the [...]

Seems this is an issue that will not go away. I think almost everyone knows what a leaky condo is, but do they really. In the Realty Times Article “British Columbia’s Leaky Condo Crisis Just Won’t go Away there are many good points brought up.
The bottom line is still Buyer beware, there are still many [...]

In a recent post I told you about a developer that was continuing to market a project when it had been put on hold. Three days later the Financial Institutions Commission released a alert to inform consumers of the laws around this type of activity. It is good to see that there are provisions in [...]

Always an interesting topic of discussion, when there is a shortage of rental housing and there is a number of condo units sitting empty that cannot be rented out, could there be a solution here. There is an interesting post regarding this issue on David Eby’d Blog.
Although rental bylaws can be difficult for investors, I [...]

OK, I know I may be a little harsh, but it gets to be a bit much reading and listening to the news daily, it is little wonder that the general feeling about the real estate markets in Canada is very negative.
In the Financial Post article, Canada’s housing market ‘traking’ U.S. boom and bust, a [...]

It seems insurance is always one of those things that people try to find a reason not to buy.
This seems to be especially true when it comes to condos. The Buildings themselves all already insured by the Strata so there is no need for fire insurance etc. As a result people feel that it is [...]

As many people feel the leaky condo issues are behind us, they forget that the buildings they live in need to be maintained in order to ensure problems are minimized.
Rain-screen is great but not a guarantee of a problem free building. A lot comes back to Strata and making sure they are looking after the [...]

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 [...]

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 [...]