Blog by Bill de Mooy

< Previous

Legal Notes: Oil Tanks

November 29th, 2011

OIl Tank Removal

I'd like to share this letter from a lawyer about the disclosure issues and liabilities a seller can face and what a buyer should do when dealing with an oil tank on the property. 

Bill de Mooy,B.Comm
Macdonald Realty Westmar

Cottage Homes in Vancouver?

November 25th, 2011
Why aren’t we seeing cottage homes here? Do we need cottage-style homes in Metro Vancouver?*

By 2041 our population is forecast to grow by 1.2 million residents to 3.4 million, which will require more than 574,000 new housing units to be built, according to Metro Vancouver data. In single family neighbourhoods, cottage housing is a creative way to gently densify and create a more diverse hou ...

Small homes - Big interest

November 25th, 2011

Small, smart homes = large interest*

There is interest among potential home buyers in smaller, more affordable homes in denser neighbourhoods. Several municipalities in the Lower Mainland are recognizing this interest by either developing zoning or planning schemes to permit these developments.

Vancouver’s EcoDensity Charter outlines how density contributes to environmental sustainability, af ...

The Home Buyers' Plan - how it works

November 24th, 2011

The Home Buyers’ Plan here’s how it works*

The Home Buyers’ Plan (HBP) is a federal government program created to help first-time home buyers.

The HBP lets qualifying home buyers withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment to buy or build a home. Home buyers have up to 15 years to repay their RRSP and home buyers who have repaid their RRSP m ...

Cottage homes in Tsawwassen?

November 22nd, 2011

A long road to affordable housing options in Delta*

No one can say exactly how long it will take before the Tsawwassen area has a greater diversity of affordable housing options.

One project that could potentially deliver new affordable housing is the Southlands project, now wending its way through the development process at the Corporation of Delta. The project, if approved, will offer cotta ...

Are Cottage Homes needed?

November 21st, 2011

Why aren’t we seeing cottage homes here? Do we need cottage-style homes in Metro Vancouver?*

By 2041 our population is forecast to grow by 1.2 million residents to 3.4 million, which will require more than 574,000 new housing units to be built, according to Metro Vancouver data. In single family neighbourhoods, cottage housing is a creative way to gently densify and create a more diverse hous ...

Residential Rehabilitation Assistance Program (RRAP) — Secondary/Garden Suite

November 20th, 2011

Canada Mortgage and Housing Corporation (CMHC) offers financial assistance for the creation of a Secondary or Garden Suite for a low-income senior or adult with a disability — making it possible for them to live independently in their community, close to family and friends.

A secondary suite, sometimes called an in-law suite, is a self-contained separate unit within an existing home or an add ...

Making new homes more affordable – cottage homes*

November 18th, 2011

First-time home buyers determined to buy a small bungalow at an affordable price know all too well the challenges they face. Even in the typically slower autumn and winter months, when anyone selling a home may be tempted to lower the price for a quick sale, the overall price of the smallest detached home can still be a long way from affordable.

Umatilla-Hill Cottages

Pictured at left The Umatilla Hill cottages, P ...

Granny Flats For Richmond

November 16th, 2011

Part of the 2041 Official Community Plan (OCP) update — will allow residents to apply to have granny flats and coach houses built in certain Richmond communities on a case-by-case basis.

Read more in the Richmond News

The truth about Chinese buyers

November 13th, 2011

Newspaper Boy

Although there is, indeed, some speculative buying, Good said the majority of his Chinese clients are buying as part of the immigration process.

The idea, he said, of rows upon rows of foreign-owned condos and houses sitting empty is "one of biggest misconceptions" out there.

"It's not strictly investment. They are absolutely buying as part of the immigration process, part of getting their c ...

< Previous