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RBC First Home – Real Estate Pros

Pressure for winning bid on a home purchase leads some to waive ‪#‎HomeInspection‬. Home purchase subject free is it a good idea?

Ask us questions at ‪#‎RBCFirstHome‬ Twitter Chat on Tuesday August 18th @ 5:30 PM PST. Team of Real Estate Professionals across Canada ready to help. Chance to also win $100 Visa Gift Cards. Don’t miss this event courtesy of RBC Royal Bank.

Follow me on Twitter:  HomeInspector88

 

RBC First Home  Real Estate Professionals across Canada

RBC First Home
Real Estate Professionals across Canada

 

Tips When Buying a Condo

Tips When Buying a Condo

A majority of our clients are young successful professional who are are just starting off with their first big ticket investment. We service many client in sought after neighborhoods in the Vancouver Downtown core:  Yaletown, Coal Harbor, West End, Fairview Slopes and Gastown. Although they play hard, they work hard too. They have carefully saved up funds to put down a reasonable amount as a down payment on their real estate.

It’s a fun event to visit open houses throughout the weekends or searching online for for that rare gem of property. But once you are at the property, are you looking beyond the aesthetics?  Yes, its the perfect location, good layout, fully equipped high end appliances and a parking stall!

Here are some great questions that you can ask the Realtor. Think of this as your personal condo inspection checklist, these questions can filter your search for the perfect dream home. From a Home Inspector’s perspective, this list is not exhaustive but will help you get started on the right path. Please keep in mind that this home inspection checklist should not be used to replace a home inspection.

• Ask your Realtor if the building is 100% rain screened if older than 1999. Every week
during our Vancouver home inspections, we encounter buildings that are not 100% rain screened.
You may have heard the phrase “leaky condo”. Home Buyer beware.

• Receiving last 2 years of Strata documents is just bare minimum to acquire from your Realtor.
It doesn’t provide you with an adequate scope of the building’s overall condition. You may be
missing some pertinent Strata activity that may have occurred in prior years that could sway
your decision on purchasing the property

• Has there been a recent Building Envelope Assessment

• Get to know what applies in you 2-5-10 New Home Warranty. Two well known Home Warranty Programs are: National Home Warranty & Travelers Canada

• Ask if there is a rental restriction. How many owner occupied vs. rented units are in the complex.
Owners take pride in maintaining the complex

• Are there any major improvements/repairs for the complex in the short term (1-5 year time horizon)

• What type of security is in place on the property

These are many of the questions we ask our clients when they call us for a condo inspection or townhouse inspection. Truthfully, First Time Home Buyers may not know the answers, but we’ll help you through the process. Every Vancouver home inspection we perform involves some preparatory work way before we step foot on the property.

Remember: Due diligence is key
Click for the BBB Business Review of this Home Inspection Service in Richmond BC

Call us for more information today!

Tel:  778.898.6831



Be sure to check in with us for additional bulletins on condo living.  Whether you are a new home buyer or currently own your home, take advantage and get connected to us on Facebook. Check out our latests exclusive tips and news articles.

Our Vancouver home inspection services cover all of Vancouver Downtown and Metro Vancouver area. Licensed Home Inspectors frequently seen helping new home buyers in Vancouver and Downtown Vancouver: Yaletown, Coal Harbour, Marinaside, West End, Fairview, Mount Pleasant, Kitsilano, South Cambie, Marpole, Shaughnessy, Oakridge.

Other neighbourhoods:

Richmond: Steveston Village, Riverdale, Blundell, Broadmoor, Minoru Park and Garden City.

Burnaby:  Willingdon, Brentwood, Capitol Hill, Burnaby Mountain, Simon Fraser University, Lougheed, Burnaby North, Central Burnaby, Middlegate, Edmonds, Cariboo Heights, Cameron

 

 

 

 

 

 

 

Leaky Condo Syndrome: Vancouver Home Owner Nightmare

Leaky Condos ~ still a concern for First Time Home Buyers

Leaky Condos ~ still a concern for First Time Home Buyers

Stay tuned for a series of articles from us surrounding the topic of leaky condos geared towards First Time Home Buyers. Learn more about rainscreening and tips on how avoid purchasing a leaky condo. In the meantime, check out this clip from CTV News:

Leaky Condo crisis continues for some home owners

Here’s another clip:
Homeowner and their cat being affected by the exterior repairs

Golf umbrellas keep us dry ~ look for this feature in a home

Golf umbrellas keep us dry ~ look for this feature in a home

With our wet climate conditions, we all own an umbrella to shield us from the rain. A golf umbrella does a better job in keeping us dry. We like to protect our homes in the same fashion. Roof overhangs and other projections from the building façade such as balconies reduce the amount of driving rain against the exterior cladding. An overhang at each storey is a good design. We like to reduce the amount of wetting of the walls, this would reduce the risk of moisture ingress that can potentially damaging to the building envelope. Golf umbrellas are welcome in Metro Vancouver.