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Save Thousands in Commission when selling your home through Liz Penner and Greyfriars Realty

October 15th, 2015
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If I sell the property myself, then the gross commission is a flat 2 ½% of the selling price (Minimum $5,000) You host the Open House and when a buyer who visits your Open House wants to write an offer through Greyfriars, your commission is reduced to a flat 1 1/2% of the sale price (with a ...

Relocating to Surrey Read this for Surrey, BC School information

October 15th, 2015

Surrey School Information and information regarding Surrey Schools of Choice

At the bottom of the page is a list of all of the schools in Surrey. To find out which school catchment your new home falls in you can use the Surrey School locator in the link below. All you have to do is type in the name of the street your home is on and it will tell you what school your child will attend.

http:/ ...

Property tax information

October 15th, 2015
Did you know that the taxes listed on the MLS are gross taxes. If you are eligable for a Home Owner Grant then you will not pay that full amount listed on the MLS.

Read Below to see if you qualify for a home owners grant

Home Owner Grant for People Under 65

The home owner grant reduces the amount of property taxes you pay each year on your principal residence. By applying for the grant ...

BC Home Owner Grant

October 7th, 2015
BC Home Owner Grant

Reduces property taxes for home owners with an assessed value of up to $1,100,000. The basic grant gives home owners:

• a maximum reduction of $570 in property taxes on principal residences in the Capital, Greater Vancouver, and Fraser Valley regional districts • an additional grant of $200 to rural homeowners elsewhere in the province • an additional grant of $2 ...

First time home buyers property transfer tax exemption

October 7th, 2015
BC Property Transfer Tax (PTT)

Home buyers in BC pay a provincial Property Transfer Tax (PPT) when they buy a home. The tax is charged at a rate of 1% on the first $200,000 of the purchase price and 2% on the remainder.

First-time home buyers may be exempt from paying the PTT of 1% on the first $200,000 and 2% on the remainder of the purchase price of a home priced up to $475,000. T ...

GST Rebate on new homes

October 7th, 2015
GST Rebate on new homes

New home buyers can apply for a rebate of the 5% GST if the purchase price is $350,000 or less. The rebate is up to 36% of the GST to a maximum rebate of $6,300. There is a proportional GST rebate for new homes costing between $350,000 and $450,000.

Canada Revenue Agency For information: GST-New housing rebate 1-800-959-8287

Information Courtest ...

First time home buyers tax credit

October 7th, 2015
First-Time Home Buyers' Tax Credit

This federal non-refundable income tax credit is for qualifying buyers of detached, attached, apartment condominiums, mobile homes or shares in a cooperative housing corporation.

It’s calculated by multiplying the lowest personal income tax rate for the year by $5,000.

Canada Revenue Agency For information: www.cra.gc.ca/hbtc 1-800-959-82

First time homes buyers RRSP withdrawl

October 7th, 2015
Home Buyers’ Plan: Registered Retirement Savings for down payments

Canada Revenue Agency’s Home Buyers' Plan lets qualifying home buyers use up to $25,000 of their Registered Retirement Savings Plan (RRSP) to buy a home. Couples can use up to $50,000. The home must be the principal residence, the home buyers must not have owned a home within the past five years and the loan must be r ...

Surrey Real Estate Market Stats for September 2015

October 2nd, 2015

Seller's market continues for single detached and townhomes in the Fraser Valley

SURREY, BC – Property sales in the Fraser Valley remained strong in September, consistent with the near-record setting pace of the last six months.              

The Fraser Valley Real Estate Board processed 1,727 sales, an increase of 22 per cent compared to 1,419 sales during September of last year. Last month’ ...

Clayton Open House!

October 1st, 2015

We are proud to announce that this Oct 4th, 1:00 PM to 4:00 PM we will be hosting an Open House at 6575 192 STREET in the Clayton neighborhood, Cloverdale. This is an opportunity to visit this excellent Townhouse for sale in beautiful Clayton.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Clayton Townhouse for sale.

As always please do not ...

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