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Open Houses this weekend!!!


Saturday December 15 & Sunday December 16 from 1130 to 1pm

@1060 Cardero Street. Priced at $749,000 (price drop from $779,000)

3 Bedrooms and 2 Bathrooms. 1,088 sqft.


Saturday December 15 & Sunday December 16 from 2 to 4pm

@ #2002-1028 Barclay Street. Priced at $898,800

2 Bedrooms and 2 Bathrooms. 1,057 sqft.

 

 

 

1060 Cardero Street.

#2002-1028 Barclay Street.

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CHRISTMAS COLOURING CONTEST.
1st Prize:$50 gift card from Toys'r'us

2nd Prize: $25 gift cart from Toys'r'us

3rd Prize: A pair of tickets to see a movie of your choice.
0 to 9 years of age to participate in the contest.

 

Name:_____________________________________

Phone Number:______________________________
Age:__________________________________
Adult Contact:________________________________
Email Address:______________________________________________

 

Entries must be in by close on December 21. Judging will take place December 23.

Please send to :

ATTN: CARMEN LEAL  #2-1012 BEACH AVENUE VANCOUVER, BC V6E 1T7

 

CARMEN LEAL
@ 604-218-4846
www.carmenleal.ca
carmen@carmenleal.ca

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Looking to buy?

Come by to my Open Houses this weekend.

 

Saturday, December 1   11:30am to 3:30pm

Location:  #216-1238 Melville St. Vancouver, BC

1 Bedroom and 2 Bathrooms 777 sqft  $455,000

 

Sunday, December 2   11:30am to 1pm

Location:  #2609-111 West Georgia St.  Vancouver, BC

1 Bedroom and 1 Bathroom 656 sqft  $425,000

 

Sunday, December 3  2pm to 4pm

Location:  #206-2125 West 2nd St.   Vancouver, BC

1 Bedroom and 1 Bathroom 650 sqft  $349,900

 

 

Location:  #216-1238 Melville St. Vancouver, BC

Location:  #2609-111 West Georgia St.  Vancouver, BC

 

Location:  #206-2125 West 2nd St.   Vancouver, BC

 

Feel free to contact me with further questions.  Direct Line: 604-218-4846

Carmen Leal *We will work so good together!

 

 

 

 

 

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blankRENT OR SELL
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Capitalization Rate: Rent vs. Sell House

This simple calculator gives a quick read on the economic viability of renting out, rather than selling your house. It divides the net operating income from renting the property by the expected sale price of the house, giving you an investment yield--like a bond yield. If this yield, also called a "capitalization rate," is less than what long-term Treasurys are yielding (around 5.7%) you'd probably be better off selling your house.
Type in values or use sliders to calculate estimated annual income and capitalization rate.

PLEASE COPY AND PASTE ADDRESS BELOW TO BROWSER:

http://www.forbes.com/fdc/rentorsell.shtml (more...)
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Seller's Expenses

Costs Incurred When Selling Property

Real estate agent's Commission
Usually this is the largest cost when selling a property. Commission is a fee paid to your real estate agent that represents a percentage of the total selling price you receive for your property. The rate of commission is based on comparative rates around your neighborhood plus Harmonized Sales Tax (HST). In some cases a seller will offer higher commission than is normal to give incentive to real estate agents to sell their home. If you offer less commission than is normal, this creates less incentive for the buyer's agent to show your property.

Legal Fees
Miscellaneous legal fees paid to a lawyer or notary public for attending to the execution of documents, discharging leans and encumbrances, etc.

* Approximately $350 to $550

Title Clearing Costs
These are fees charged by various institutions to clear the title of your property for transfer. Examples include: discharge fees charged by encumbrance holders and mortgage pre-payment penalties charged by your lending institution. (Check with your lender to determine the balance of your mortgage and your mortgage pre-payment terms.)

Accounting Fees
This cost only applies to Sellers Not Residing in Canada who need an accountant to apply to Revenue Canada for a T2062 Clearance Certificate on their behalf.

* Approximately $500

Harmonized Sales Tax (HST)
Federal government tax collected on all goods and services.

* 12% is applied on all commissions when selling a property
* 12% is applied on all fees such as those of inspectors and lawyers

Sales Tax (if applicable) Provincial sales tax is applied on capital gains and may apply to investors when they make a profit on selling revenue properties. This tax does not apply to any principal residence.
(more...)
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*Know Your Rights & Responsibilities

*Entering into a Tenancy

*Security Deposits, Pet Deposits and Inspections

*Rent Increases and Non-payment of Rent

*Ending a Tenancy

*Repairs and Maintenance

*Landlord's Access

FOR DETAILED INFO PLEASE COPY AND PASTE THE ADDRESS BELOW TO YOUR WEB BROWSER.

http://www.rto.gov.bc.ca/content/rightsresponsibilities/default.aspx
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Carmen Leal
Associate



#2 1012 Beach Avenue
Vancouver, BC V6E 1T7


604-218-4846 (Office)
604-218-4846 (Mobile)
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CONTACT BY EMAIL
 
     
  CARMEN LEAL

RE/MAX CREST REALTY WESTSIDE
#2-1012 BEACH AVENUE
VANCOUVER, BRITISH COLUMBIA V6E 1T7
carmen@carmenleal.ca
DIRECT NUMBER: 604-218-4846



EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.

©2010 - 2012 Imprev, Inc.
 
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Come to my Open House this weekend.

Saturday, November 17 & Sunday, November 18  from 2 to 4pm

Location: #208-1990 West 6th Avenue, Vancouver in the Kitsilano Area.

1 Bedroom and 1 Bathroom 611sqft  #325,000

Looking forward to seeing everyone of you at my open house.

Please visit me at www.carmenleal.ca

You can also reach me at my direct line @ 604-218-4846

Carmen Leal ;)

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We will work so good together!


Looking to buy? Come and check out my Open House this weekend.


Saturday November 10 & Sunday November 11 from 2 to 4pm

#302-3083 West 4th Avenue, Vancouver (Kitsilano)

$374,900 1 Bedroom and 1 Bathroom 630sqft


 

#302-3083 West 4th Avenue

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Housing market sees slight changes in October 2012


The Greater Vancouver housing market saw a slight increase in the number of home sales, a slight reduction in the number of listings, and a slight decrease in home prices in October compared to the summer months. With those changes, the sales-to-active-listings ratio increased to 11 per cent in October from 8 per cent in September.

The Real Estate Board of Greater Vancouver (REBGV) reported 1,931 residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) in October, a 16.7 per cent decline compared to the 2,317 sales in October 2011 and a 27.4 per cent increase compared to the 1,516 home sales in September 2012.

October sales were 28.5 per cent below the 10-year October sales average of 2,700.

“Buyer demand increased slightly in October compared to the previous few months,” Sandra Wyant, REBGV president-elect said. “Overall conditions in today’s market remain in favour of buyers, with low interest rates, more choice, and less time pressure in terms of decision-making. This translates into a calmer atmosphere for those looking to buy a home and it places more onus on sellers to ensure their homes are priced to compete in today’s marketplace.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,323 in October. This represents a 1.2 per cent decline compared to October 2011 when 4,374 properties were listed for sale on the MLS® and an 18.8 per cent decline compared to the 5,321 new listings in September 2012.

At 17,370, the total number of residential property listings on the MLS® increased 12 per cent from this time last year and declined 5.3 per cent compared to September 2012.

Since reaching a peak of $625,100 in May, the MLS Home Price Index® (MLS HPI®) composite benchmark price for all residential properties in Greater Vancouver declined 3.4 per cent to $603,800 in October. This represents a 0.8 per cent decline compared to last year.

“There’ve been modest price changes since they peaked in the spring. The largest reductions have occurred in the areas and property types that experienced the biggest price increases over the last few years,” Wyant said.

Since hitting a record high in April, the benchmark price of a detached home on the Westside of Vancouver has declined 8.6 per cent while detached homes in Richmond and West Vancouver have seen declines of 6 per cent over the same time period.

Sales of detached properties in Greater Vancouver reached 790 in October, a decrease of 18.9 per cent from the 974 detached sales recorded in October 2011, and a 19.1 per cent decrease from the 976 units sold in October 2010. Since reaching a peak in May, the benchmark price for a detached property in Greater Vancouver has declined 4.1 per cent to $927,500.

Sales of apartment properties reached 803 in October 2012, a 16.2 per cent decrease compared to the 958 sales in October 2011, and a decrease of 18.4 per cent compared to the 984 sales in October 2010. Since reaching a peak in May, the benchmark price for an apartment property in Greater Vancouver has declined 2.9 per cent to $368,800.

Attached property sales in October 2012 totalled 338, an 11.5 per cent decrease compared to the 382 sales in October 2011, and a 10.3 per cent decrease from the 377 attached properties sold in October 2010. Since reaching a peak in April, the benchmark price for an attached property in Greater Vancouver has declined 2.9 per cent to $457,700.

 

If you have any questions please give me call on my Direct Line @ 604-218-4846. Looking forward to hearing from you now or in the near future.

 

Carmen Leal

RE/MAX Crest Westside Realty

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Open Houses:

 

 

Saturday, November 3rd

1130am to 1pm @ #900-9 Smithe Mews, Vancouver (Yaletown)

3 bedrooms and 3 bathrooms $1,899,900 2071sqft


2pm to 4pm @ #707-821 Cambie Street, Vancouver (Downtown)

2 bedrooms and 2 bathrooms $605,000 862sqft

 

 

*Sunday, November 4th

1130am to 1pm @ 1060 Cardero Street, Vancouver (Downtown)

3 bedrooms and 3 bathrooms $749,000 1088sqft

1130am to 1pm @ 1558 Comox Street, Vancouver (Downtown)

3 bedrooms and 3 bathrooms $1,069,000 1551sqft


2pm to 4pm @ #707-821 Cambie Street, Vancouver (Downtown)

2 bedrooms and 2 bathrooms $605,000 862sqft


    #707-821 Cambie Street      1060 Cardero Street



                  

      1558 Comox Street             #900-9 Smithe Mews

 

Looking forward to seeing everyone of you there.

My Direct Line that you can reach me at is 604-218-4846


Carmen Leal

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Come out to my Open Houses this weekend... Looking forward to seeing you all there.



Saturday, October 27th 11:30am to 1pm; I will be @ #900-9 Smithe Mews, Downtown Vancouver - $1,899,000 - 2030 SQFT - 3 Bedrooms - 3 Bathrooms.


Sunday, October 28th 11:30am to 1pm; I will be @ #900-9 Smithe Mews, Downtown Vancouver - $1,899,000 - 2030 SQFT - 3 Bedrooms - 3 Bathrooms.


Sunday, October 28th 2pm to 4pm; I will be @ #2702-1028 Barclay Street, Downtown Vancouver - $949,000 - 1058 SQFT - 2 Bedrooms - 2 Bathrooms.


                                        

@ #900-9 Smithe Mews                            @ #2702-1028 Barclay Street

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Housing prices in Greater Vancouver are a topic of discussion across the country. We are often asked about the differences between the MLS® Home Price Index benchmark prices that we report, the average prices and the median prices.

Here’s a comparison of the MLS HPI®, average, and median prices in Greater Vancouver over the last year.

Average price

The average price is calculated by dividing the total dollar volume of sales by the number of sales. The average price is the simplest to explain but is not always the most accurate since it may be skewed by the mix of properties, such as more high-end or low-end sales will skew the number up or down.

Greater Vancouver

Category

    

Sept 2012 (average)

    

Sept 2011 (average)

    

% change year over year

Detached   $1,119,166   $1,104,896   +1.3%
Attached   $531,311   $573,259   -7.3%
Apartment   $445,429   $455,342   -2.2%

 

Median price

In a list of numbers from high to low, the median is the one in the middle. In a list of housing prices from high to low, the median is the middle price.

Greater Vancouver

Category

    

Sept 2012 (median)

    

Sept 2011 (median)

    

% change year over year

Detached   $824,500   $856,000    -3.7%
Attached   $490,000    $511,000   -4.1%
Apartment   $367,500    $367,200   +0.1%

 

MLS® Home Price Index

The MLS® HPI reports the price for an ‘economic bundle’ of housing features of a ‘typical’ house for a neighbourhood, area or region. Modelled on the Consumer Price Index or CPI, it is considered to be the most accurate indicator of housing prices trends in a given region.

Greater Vancouver

Category

    

Sept 2012 (MLS HPI®)

    

Sept 2011 (MLS HPI®)

    

% change year over year

Detached   $935,600    $939,900   -0.5%
Attached   $458,600   $471,500   -2.7%
Apartment   $368,600   $371,100   -0.7%


Source: Real Estate Board of Greater Vancouver

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OPEN HOUSES:


Come out if you want to view the Open Houses I am hosting or if you want to come by and speak to me about your Real Estate Questions I would be glad to help.  Also, I could list your property and put it on the market or help you search for a new home.

 

Saturday, October 20th 11:30am to 1pm; I will be @ #900-9 Smithe Mews, Downtown Vancouver - $1,899,000 - 2030 SQFT - 3 Bedrooms - 3 Bathrooms.


Saturday, October 20th 2pm to 4pm; I will be @ #2702-1028 Barclay Street, Downtown Vancouver - $949,000 - 1058 SQFT - 2 Bedrooms - 2 Bathrooms.

 

Sunday, October 20th 11:30am to 1pm; I will be @ #900-9 Smithe Mews, Downtown Vancouver - $1,899,000 - 2030 SQFT - 3 Bedrooms - 3 Bathrooms.


Sunday, October 20th 2pm to 4pm; I will be @ #2702-1028 Barclay Street, Downtown Vancouver - $949,000 - 1058 SQFT - 2 Bedrooms - 2 Bathrooms.

 

 

 

              

 

   #2702-1028 Barclay Street                   #900-9 Smithe Mews



Looking forward to meeting everyone of you....

Carmen Leal   Cellular: 604-218-4846

Re/max Crest Westside

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Hosting 2 open houses this weekend:

Saturday 12 to 2pm #216-1238 Melville St.
1 bedroom, 2 bathroom 777sqft $455,000

Sunday 2 to 4pm #1206-1495 Richards St.
1 bedroom, 1 bathroom 754sqft $548,800

Looking to make a move? Come and visit me at my open houses.

Feel free to call me at 604-218-4846 Visit me @
www.carmenleal.ca

 

Location:   #216-1238 Melville St.   Location: #1206-1495 Richards St.

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I will be hosting 4 open houses this weekend:

 

Saturday October 6th and Sunday October 7th

from 1130am to 130pm

 

#1708-161 W Georgia Street $610,000 

2bedrooms + 2 bathrooms 869 sqft

#1708-161 W Georgia Street

 

Saturday October 6th and Sunday October 7th

from 1130am to 130pm

 

#407-2020 West 8th Avenue  $469,000

2bedrooms + 2 bathrooms  949 sqft

#407-2020 West 8th Avenue

 

Feel free to contact me if you have any questions.

I will be more then happy to help...

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Hello Everyone, I have been gone for one month on a fabulous trip all around Eastern Europe... I had such an amazing experience meeting people from all around the world and believe it or not I saw Remax Offices in most of the cities I went to :)  Now back to my Open Houses:

 

Friday, Septermber 28  4pm to 7pm

#1906-602 Citadel Parade, Vancouver

2 bedrooms 1 bathroom 816sqft Asking: $498,000

 

Saturday, September 29  12n to 2pm

1419 W 11th Avenue, Vancouver

2 bedrooms, 3 bathrooms 1939sqft Asking $1,180,000

 

 

Sunday, September 30 1130am to 130pm

#2202-602 Citadel Parade, Vancouver

1 bedroom, 1 bathroom 626sqft Asking $398,880

 

 

Looking forward to seeing you all there.... Feel free to come by and visit me if you have any realestate questions that you need answered I will be more then willing to help as much as I can. See you soon :)


Carmen Leal

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.