Real Estate Information and Market Trends| Real Estate Victoria BC

Buying Victoria Real Estate
If you have been following the past 10 posts you know there area a lot of things involved in buying a property. If you would like to look at a few videos on buying real estate we have some for you. Just click on the following link: Buying with Properties In Victoria [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc. Victoria BC
 
 

             Mortgage Rates Effective: June 26, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.75%

5.00%

2 Year

2.95%

5.75%

3 Year

3.49%

5.75%

4 Year

4.09%

5.75%

5 Year

4.24%

5.75%

6 Year

                 4.65%

6.09%

7 Year

5.25%

6.09%

8 Year

5.35%

6.09%

9 Year

5.42%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

                 9.55%

18 Year

9.25%

                 9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
                                                                                       
Susan English                                                        Kerry Patten
Mortgage Consultant                                                           Mortgage Consultant
Telephone: [...]

Costs Involved in Buying Real Estate
When you buy a home, you will be asked for a down payment, usually between 5 and 25% of the total price of the property. You might also have a number of other fees and expenses to pay.
Some of the most common expenses are listed below. These expenses may vary:

Expense
Paid

Mortgage [...]

The Properties in Victoria Professionalsâ„¢ Team is proud to announce the sale of a Great Condo in a Great Location
 
 
Location is everything, and this fine Family home has it all. Backing onto Mill Hill Park, and sitting on a quiet Cul de Sac at the top of the hill, you can raise your family knowing [...]

Closing The Real Estate Deal
What does the term closing mean?
Closing refers to the preparation for the transfer of ownership of a property from the seller to the buyer.
There is no standard method for closing. In some places, “round table” closings bring all parties together at the closing table. In other areas, buyers and sellers [...]

Negotiating a Real Estate Purchase
At Properties In Victoria Professionalsâ„¢ we know the importance of being a good negotiator. Once your offer to purchase has been drafted, it will be presented to the seller as soon as possible. The seller can accept your offer, reject it, or make a counter offer.
Acceptance
An accepted offer means the seller [...]

Townhome being foreclosed in Victoria BC
Court Ordered Sale. This 1600 sq ft, 3 Bedroom 2 bathroom end unit Townhome was made just for you! Within the complex is a pool & playground and close to schools. This is an ideal home. Sold “as is where is.” For more information on this property or for more [...]

BC Home Sales Continue to Climb

The British Columbia Real Estate Association (BCREA) reported that Multiple Listing Service (MLS®) residential sales in the province rose 3 per cent to 8,270 units in May 2009 compared to the same month last year. It was the first year-over-year increase since December 2007. The month of May also posted [...]

Condo for Sale in Downtown Victoria BC

The Properties in Victoria Professionalsâ„¢ Team is proud to announce the sale of a Great Condo in a Great Location.
Marvelous James Bay location. Across from Beacon Hill park and a short walk from the ocean, inner harbour, shopping or downtown. This popular steel and concrete building is waiting for [...]

OK We Are Buying
Once you’ve found the home you’re interested in, it’s time to make an offer. Deciding what to offer is one of the most difficult decisions to make. Offer too little and you stand a chance of losing the house (particularly in a seller’s market). On the other hand, nobody wants to pay [...]