Archives for February 2013

Does the home get sunlight?

If you’re planning to live on Salt Spring year-round, one of the most important things to consider when buying a property is SUNLIGHT. Do the neighbor’s trees or a mountain block the sun during the winter months?  According to Salt Spring real estate mythology, “If they buy in August, they will list in November and sell in December.”  Unfortunately, this myth is sad, but true.  The long dark … [Read more...]

Real Estate legal update Feb 2013

Number 460, February 2013 A BAD INSPECTION REPORT When a buyer refuses, for a legitimate reason, to remove a subject clause because of a bad inspection report, what is the listing licensee to do with that knowledge? This was the issue in a recent case where the court found the listing licensee liable for $47,000 in damages for failing to fully tell subsequent buyers about problems … [Read more...]

News Release from BCREA

BC Home Sales Remain Subdued but Stable Vancouver, BC – February 18, 2013.  The British Columbia Real Estate Association (BCREA) reports that a total of 3,410 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during January, up 1.8 per cent from December on a seasonally adjusted (SA) basis, but down 13.6 per cent compared to January 2012.  Similarly, total sales … [Read more...]

CFSI FM Salt Spring Radio has been SOLD

Updated Feb 13, 2012 CFSI has been sold to a Surrey BC Company.  Satnam Media Group (BC) Ltd. (Satnam BC). Attached is a letter that came from the CRTC regarding the sale. CRTC CFSI Letter Some of the programmers meet with Mr Sukhdev S. Dhillon owner of Satnam Media group on Feb 11, 2013 at the Harbour House hotel on Salt Spring.  The meeting went well.  Mr Dhillon said he hopes to build … [Read more...]

News Release from Victoria Real Estate board

FOR IMMEDIATE RELEASE February 1, 2013                                                                                                                               SALES DOWN BUT PRICES HOLD IN GREATER VICTORIA REAL ESTATE MARKET VICTORIA, BC–A slow start to the year in Victoria’s real estate market is evidence that buyers are continuing to wait for prices to drop. Although January … [Read more...]