Kamloops Property For Sale Real Estate Blog

It might not seem like it just yet, especially since we’ve been experiencing such sunny, warm fall weather, but Old Man Winter is slowly breathing down our necks. Before long, you’ll be scraping the frost off your car windows and bundling up around the fireplace. Before you do that, though, don’t put away your garden tools just yet.

This month’s essential home maintenance task provides a checklist of to-do tasks to make sure your garden and lawn are properly winterized. So whether it’s your vegetable garden or your flowering one, grab your gloves and gardening tools one last time before the cold sets in.

Thanks to Conor Preston, gardener at Vancouver’s Figaro’s Garden, for his best advice on how to prepare your gardens and lawns for winter.

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Change aimed at boosting affordability will likely affect suburbs most.

CMHC mortgage rulesChanges to mortgage rules mean that some home buyers in Metro Vancouver's hot housing market may soon get a break when it comes to their loan application.

Currently, home buyers with a deposit of less than 20 per cent are required to have their mortgage loan application approved and insured by Canada Mortgage and Housing Corporation (CMHC).

Starting this fall, CMHC plans to change the rules for those buyers to allow them to include projected income from secondary suites when they apply for a loan.

"CMHC will consider up to 100 per cent of gross rental income from a two-unit owner-occupied property that is the subject of a loan application submitted for insurance," the new

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But prepare for an “uptick” in interest rates

The Canadian 2015 election. “It was a very clear verdict that Canadians were seeking real change,” said Pramod Udiaver, CEO of online advisor service, Invisor. “The Liberals campaigned and won with a focus on the middle-class,” says Udiaver, “with many of their promises attempting to make a meaningful difference for middle-income families.”

While most Canadians still struggle with paying too much in taxes, trying to maximize savings while making sound financial decisions, the new Liberal majority government will have real impact on the nation’s real estate market.

Continued interest by foreign investors

“From a fiscal point of view, the Liberal government will be moving Canada from a modestly

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Consider it an opportunity to learn more about the house, the sellers and the neighbourhood

Kamloops Open HouseAn open house is the real estate world’s version of window shopping. It’s an opportunity to sneak a peak at a neighbour’s home, and a chance to size up a potential house or neighbourhood.

But for most window-shoppers, ignoring or minimizing talk with the real estate agent at an open house lands somewhere between a challenge and a sport. It shouldn’t. While there’s no question that the realtor hopes to drum up business by holding an open house, they can also be a wealth of information. It’s just a matter of asking the right questions. Here are six questions to ask at the next open house you visit.

1. Why do the sellers want to move?

Listen, we all read

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According to Statistics Canada, 69 per cent of Canadians own homes, so most of us have reason to worry about the fate of the housing market. Landlords, in particular, make a conscious choice to invest in real estate that goes beyond just a place for their families to live. As a result, landlords should be paying close attention to the conflicting views and data on Canadian real estate.

One in 20 Canadians own rental real estate according to the Financial Industry Research Monitor. An Altus Group study shows that for households earning more than $100,000 per year, rental real estate ownership is twice that of the general population – about 10 per cent.

So the question is: buy or sell?

Buy

Donald Trump may very well be the next

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Home foreclosureMany home buyers are attracted to foreclosed properties because they can offer great opportunity. But don’t get too excited yet, though foreclosed homes really offer great deals, they also come with challenges. Knowing what you will deal when you decide to buy a foreclosure can prepare you in the process.

 

There are no disclosures

With a traditional sale, you’ll get disclosures from the sellers. With foreclosures, there’s none. It’s like not knowing what you’re getting into because you will not have any knowledge if the house will need some serious fixing. The bank will not give you the history of the home nor the problems you might encounter when you move in so you have to be prepared.

You can work with your agent on this. Search as much as

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“This house is lovely, I’m going to buy this!” one buyer decides within 5 minutes of viewing the property. Sounds crazy? Believe it, it does happen.

It is easy to fall in love with a property within few moments of seeing it and buyers forget to be objective. A home is one of the biggest purchase people make, do not make a decision on a spur of the moment you will likely regret in the end.

When viewing a home, it is recommended to spend more time viewing every nook and cranny of the property. So many spend so little time viewing a house and they live to regret it. After buying the house, buyers experience one problem after another – anything from dodgy wiring to noisy neighbors – which could have been avoided had they spent more time researching the

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Decluttering is the first step in staging a home for sale, but what to do with all those unwanted items? Tina Parker has a great solution and how to execute it.

 We all know that when you’re selling up, decluttering is a key part of staging your home for sale. But after you have decluttered and come up with storage solutions, you will need to get rid of everything you have decided to part with. A good way to use this to your advantage is to have a yard sale.

In order to have a successful yard sale, you will need to apply the four Ps of marketing: product, price, place, and promotion. So you must know your products, set appropriate prices, find a place that will showcase your items, and promote your sale properly.

Product

Be organized and make

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PAC referendum defeated

PAC referendum defeated

With all 18 polls reporting, Kamloops has voted against a $90-million parkade and performing arts centre.

According to numbers from Kamloops city hall, 53.7 per cent of residents voted against the project, while 46.3 per cent voted for.

The city had asked voters for permission to borrow up to $49 million for the complex, with a 1,200-seat main stage theatre, 350-seat black box and 350-stall underground parkade, to be built at the former Kamloops Daily News site on Seymour Street.

Voter turnout in the referendum was 32 per cent.

Coun. Pat Wallace called the results “extremely disappointing.

“I think people bought the idea this was all about taxes,” she said. “I

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You probably think of Kamloops as a refuelling stop, a place to pause for a tank of gas and a Tim’s before hitting the Coquihalla Highway. But it’s so much more than that.

Seemingly overnight, Kamloops has become B.C.’s newest foodie destination, where a small but mighty contingent of chefs, farmers, winemakers and craft brewers are discovering the potential of this city in the Thompson River Valley.

Perhaps it was inevitable. Kamloops is quietly booming. The population has slowly but steadily been growing (it’s now around 100,000), and the city has attracted a number of diverse new businesses. And yet, it’Noble Pig Kamloopss still affordable enough for young families to buy a house and make a life there.

As Monica Dickinson, the acting CEO of Tourism Kamloops,

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