Buying a home

Buying your homeFinding the perfect home doesn't happen in one day. It takes careful planning and lots of work. Fortunately, there are a number of things you can do to simplify the process.

Let these articles give you the information you need to make the right decision on buying real estate in Kamloops.

We have a page dedicated to buying real estate in Kamloops

Found 401 blog entries about Buying a home.

Wondeful show suite homeThis is it! This is where I want to live. I'm home suite home. Why? Because this master suite is perfect. It's sweeter than all the other suites.

Just look at the cove ceilings, the quarter sawn oak floors, the fabulous panelled and architecturally detailed wall treatments. It is gorgeous, clean, organized, but warm and inviting. The antique glass doors are sensational. There are curved walls and niches designed for display.

And in the bathroom are sleek and sophisticated tiles and sconces. The floors are heated so that I can step out of a piping hot shower and still be oblivious to -15C weather outside. Not to mention, it looks like hardwood but is actually grey textured porcelain. But back to that shower; it looks divine - a glass steam shower with

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Great KitchenWe all know that the kitchen is considered to be the heart of the home and, as one of the most important rooms in the house, it needs careful planning if you’re to ensure that it both looks good and functions as it needs to. So, if you’re planning a kitchen makeover, here are five stylish and practical kitchen makeover tips to make sure that you get the best out of your space:

  • Select your style


There are so many styles of kitchen cupboards, tiles, floor surfaces, backsplashes and appliances on the market at the moment so, before you embark on a kitchen makeover, think about what you want the end result to look like. It’s time to get creative, and consider the different colors and textures that you can incorporate into your kitchen, which

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THE PROPERTY COULD BE YOURS FOR $15.9 MILLION!

KAMLOOPS - A part of Kamloops’ history is up for sale with the promise of future development opportunities.

Kamloops Tranquille on the lakeTranquille on the Lake is the most recent development property to hit the real estate market — a 150-year-old location best known as the former provincial tuberculosis centre, which later became an institution for the mentally ill.

While close to 50 buildings remain on the property its primary use has been agricultural, but Colliers International Broker Chad Biafore says the possibilities are endless.

“Nobody likes change, but I think it would be great for Kamloops if someone developed this property and put in homes,” he says. “There’s opportunities for people to live out here and grow

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Secondary suites are a form of rental housing that is typically affordable, ground-oriented and market-based.

Basement suiteSecondary suites, a common feature of larger, older homes in several Canadian municipalities, have been in existence for many years but became illegal in some jurisdictions when zoning bylaws set stringent requirements for the type of housing that could be accommodated in low-density areas. Since the 1980s, secondary suites have been recognized by policy makers as one of the most cost-effective ways of providing affordable rental housing and are an important part of the Canadian housing stock, especially in urban areas. Secondary suites make up close to a fifth of the rental stock in Vancouver and Edmonton. They are also an important source of

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Kamloops House For RentRenting property can be a lucrative way to make money but make sure you know the rules..

In Toronto, in 2012, apartments rented for approximately $25 to $35 per square meter, and in Montreal, $21 to $28 per square meter, according to Global Property Guide. However, rental income can also be as simple as renting the spare room in your personal residence. “Even if you’re renting your basement apartment to a student, this is considered rental income, and it must be declared,” Caroline Thompson, president of Thompson Accounting and Tax Inc., explains. “However, you don’t need to charge the goods and services tax. It only applies to commercial property.”

Share of Ownership

Before you can determine how much of the rental income to declare, you need

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Prices may see minimal impact due to the narrow reach of new rules

How much downpaymentTORONTO – Homebuyers in Canada now face larger down payment requirements for properties over $500,000. The changes are intended to temper some of Canada’s heated real estate markets. Here are five things to know about the new rules:

Who’s affected: Primarily those shopping for a home in Toronto and Vancouver. First-time buyers in those cities will feel the pinch since they’ll be required to put down bigger down payments to get into the market. Those selling their homes in order to size up, especially in cities with hot housing markets, likely won’t feel the pain since they’ve built up equity in those properties.

Dollars and cents: For someone purchasing a $700,000 home — a common

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You'd buy a sweater on impulse, but when it comes to buying a home it's all about calm deliberation, right?

You might be surprised.

The psychology of home buyingPrice, square footage, location: "All that can be trumped by the visceral reaction of seeing a home," says June Cotte, who teaches marketing at Western University's Ivey Business School.

"Smells, colours, sounds you can hear inside or from the outside - you might not be aware of them, but they can have an influence."

The layout may even subliminally remind you of the home of a former boyfriend, says Cotte. That can have a positive or negative emotional impact on how you perceive a home that's for sale.

In fact, a study published in the Journal of Advertising Research in 2002 said emotions can be twice as

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For most of us, buying a home is the largest, most complex purchase we’ll ever make.

Kamloops Home InspectionWhole industries and sub-industries have formed to help ease the understandable anxiety we endure before we sign on the dotted line to close a deal: real estate brokerages, real estate lawyers, mortgage brokers, property inspectors. That’s a lot of people doing a lot of things for us, and it’s not always clear what we should expect from each.

Home inspectors might be the most interesting of the lot. Home show king Mike Holmes has been dining out on a line for years: “The home inspection industry is like the Wild West — a lot of cowboys but not a lot of sheriffs.”

In order to protect consumers, British Columbia introduced mandatory licensing of home inspectors in

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Mortgage Terminology

To Understanding common Mortgage Terminology  we have to start with the basics:

What is a mortgage?

What is a mortgageA mortgage is a word that has been in the English language since the late 1300s and comes from the French “mort,” which means “dead,” and “gage,” meaning “pledge.” Therefore, a mortgage, in the real sense of the meaning of the word, means that the security pledged to the mortgagee for the debt will be taken from him if he fails to pay the debt, and will, therefore, be “dead to him upon condition.” on the other hand, the mortgagee fulfills the obligation to pay the debt, the pledge is dead. Either way, something dies.

A dictionary definition is much simpler and tells us that a mortgage is a “temporary, conditional pledge of

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The current commodities crisis has opened a new avenue of home sales, the purchasing and selling of foreclosure property.

Buying a Kamloops ForeclosureThere can be profit in dealing with undervalued foreclosure property but there are pitfalls that must be taken into consideration. If your an investor and have the ability to make repairs/updates if needed on a foreclosure then maybe this is something that you should look at.Often houses that end up in foreclosure have a lot of "baggage" with them. Sometimes it can be a house that's not finished and will need more work, permits etc. to finish and some houses are left in a condition that make them unlivable.

With low interest rates at the moment there are opportunities for people to buy a foreclosed property but an experienced

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