Dodi Thorhaug

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Market Updates

During the process of buying or selling a home, countless questions are bound to surface regardless of how "seasoned" you are in Real Estate.  Some questions are easily answered, however others may require a bit of research and study.   I understand how difficult it can be to sift through the mountain of information out there in order to find answers that are relevant and meaningful to you.  

As a firm believer in "knowledge is power," I do my best to educate and inform my Buyers and Sellers about the current market conditions and the process involved once you have made the decision to move.     

If you would like to receive regular Market Updates or newsletters please contact me at dodi.t@shaw.ca or call me at 604-644-3634. 

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Ten questions to ask a strata corporation

1. What bylaws and restrictions govern the property? Are there grandfathered clauses?

2. What is the date of the last depreciation report? Is a copy available?

3. Have engineering reports been done on the strata and are reports available?

4. How much is in the contingency reserve fund? How are funds invested?

5. How much are the monthly strata fees and what do they cover, for example, common area maintenance, recreationalfacilities, garbage collection, hot water, heat, cable?

6. What repairs have been made in the last decade, for example, major plumbing, roof, windows?

7. Have there been special assessments in the past five years? What did they cover and what was the cost per unit?

8. What percentage of units are owner occupied? What percentage are rental units?

9. Is there pending litigation, for example, for leaky condominium repairs?

10. What is the deductable on an individual unit?


Source Real Estate of Greater Vancouver 

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Posted on by

 to read click on blue link...   "Finding the truth about a property," a helpful resource article from the Real Estate Board of Greater Vancouver, details how to investigate potential issues not listed on the title of a property. For any person in the marekt to buy, I always recommend a thorough assessement of any home to ensure there are no surprises, only peace of mind.


The article provides a good starting point to get the right answers. For reference the following are not listed on property title:

• Archaeological sites.
• Former grow ops and illegal drug labs.
• Heritage designations (not always on title).
• Highway entitlements.
• Stigmatized property.
• Streamside issues – if there are fish-bearing ditches or creeks on the property.
• Underground fuel storage tanks

 

I hope you are all enjoying the great weather! Don't hesitate to call me if you have any questions. 604.644.3634

Dodi

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Posted on by
Posted in Lower Lonsdale, North Vancouver Real Estate

Property Photo: 707 172 VICTORY SHIP WAY in North Vancouver

Please visit our Open House at 707 172 VICTORY SHIP WAY in North Vancouver.
Open House on Wednesday, July 31, 2013 10:00 am - 12:00 pm
Stunning! Immediate possession of this extremely attractive 1 bedroom west facing unit in Atrium at the Pier. You will love the 9' ceilings, oversized gleaming porcelain flooring, high end appliances, air conditioning, crown mouldings and much much more. The present owners have created a high end lifestyle within small spaces. Inviting covered balcony overlooking the water to the west. 1 parking, 1 storage locker. BBQ's allowed. Enjoy the convenient location within walking distance to the seabus, restaurants and the vibrant growing Lower Lonsdale corridor. Maintenance fee includes high end amenities next door at The Pinnacle Hotel. Indoor lap pool, steam room, sauna, gym, conciege. Pets and rentals allowed. Seeing is believing!
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Posted in Central Lonsdale, North Vancouver Real Estate

Property Photo: 411 150 22ND ST W in North Vancouver

Please visit our Open House at 411 150 22ND ST W in North Vancouver.
Open House on Saturday, August 3, 2013 2:00 pm - 4:00 pm
Are you looking for a bright, quiet condo with quality and customizing? Then this is your next home! A highly utilized floor plan with an open kitchen, dinign and living room. Gas fireplace. Inviting covered balcony with east facing exposure and privacy. Separate insuite laundry room. Bedrooms are located at the opposite sides of the unit. New stainless appliances. New carpets. This motivated Seller offers immediate possession to this immaculate suite. Pets and rentals allowed with restrictions. The Sierra is located on one of the best streets in Central Lonsdale. Mature landscaping. Walking distance to shops, restaurants, public transit, Centennial Theatre and Losdale Rec Centre. Call now for your private showing.
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604.644.3634
dodithorhaug@me.com  

Dodi Thorhaug Realty Inc.
Serving North Vancouver, West Vancouver and Coal Harbour

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