REAL ESTATE RESOURCE GUIDE 2011-2012
Real Estate Resource Guide 2011–2012 – 1
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2 – Real Estate Resource Guide 2011–2012
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Maple Ridge and Pitt Meadows: Reasons to Invest
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For the past four years The News has proudly published the A-List. Th is survey of the community includes a question asking voters to tell us why they choose to live in Maple Ridge or Pitt Meadows. For years, voters have told us a family friendly community, affordability, the beautiful views of the river and the mountains, community events and access to outdoor activities are the top reasons for living here. In addition to what our residents have told us in our A-List, here are more reasons to choose one of these two communities, when deciding where to invest in real estate. Education & Culture • School District 42 provides innovative educational services to 15,000 students annually. • Independent schools include Meadowridge, one of the most accredited in North America. • More than twelve post secondary campuses nearby produce a steady supply of highly skilled workers. • Countless community events and wellestablished festivals including an agricultural fair, outdoor concerts, weekly Farmers’ Market and parades and community celebrations. • Active theatre, arts, history and cultural groups. Growing Economy • Maple Ridge and Pitt Meadows together was the ‘#5 Top Canadian Investment City’ by the Real Estate Investment Network (REIN) in 2010. • The communities were the ‘#2 top BC investment town’ & ‘the place to live for lifestyle’ by REIN in 2010 and 2009. • Both communities have a welcoming business climate ensuring residents have access to a wide variety of businesses. • Located on the doorstep of Canada’s 3rd largest city, Vancouver, and less than 30 minutes from the US border.
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604-467-9300 22519 Dewdney Trunk Road Maple Ridge, BC V2X 7X7
Continued on page 4
Real Estate Resource Guide 2011–2012 – 3
Maple Ridge and Pitt Meadows: Reasons to Invest countinued from page 3
Community Profiles MAPLE RIDGE
Connections • Two major bridges enhance access to the Lower Mainland and Fraser Valley. • Daily commuter train, the West Coast Express, gives residents easy access to downtown Vancouver. • Access to railways and the largest all-weather deep water port on the West Coast. • Access to two International airports; including YXX (Abbotsford) only 30 minutes away; and YVR (Vancouver) the second busiest airport in Canada. • Pitt Meadows Regional Airport (YPK). Balanced Lifestyle • Vancouver was rated North America’s top city for quality of life and was rated fourth in the world. – Mercer Report, 2010 • One of the fastest growing Metro Vancouver communities. • Most affordable housing in Metro Vancouver. – CMHC, 2009 • Sports & outdoor recreation is abundant; community sports facilities, hundreds of walking, hiking, biking & equestrian-friendly trails. • Cultural diversity is embraced and resources are available. • Full service Ridge Meadows Hospital serving both Maple Ridge and Pitt Meadows.
Population ......................................................75,051 Income Average Household ..................................$91,696 Average Family .........................................$100,489 Average Unemployment† .............................7.3% Housing Values Median Single Detached Home Cost*....$449,500 Average New Detached Home** ............$572,000 Largest Employment Sectors Retail Trade................................................12.2% Health Care and Social Assistance .........10.7% Manufacturing...........................................10.5% Construction ..............................................9.6% Educational Services ................................6.9%
PITT MEADOWS Population ......................................................18,000 Expected Population Growth by 2020 ........24,000 Population Age Median age ................................................38.3 years 25–44 years ...............................................29% 0–14 years ..................................................19% Median Household Income ..........................$64,748 Unemployment Rate (2001) .........................6.5% Source:†BC Stats, Oct 2010 *REBGV, Sept 2010, **CMHC, Aug 2010
SERVING OUR COMMUNITY, IN MORE WAYS THAN ONE. Serving the community is more than just being a great ﬁnancial partner. As a result, we’re always ﬁnding different ways to get involved and support the people around us. Over the past ﬁve years, we’ve donated money and countless man-hours to local schools, charities and groups. It’s part of our belief that a caring credit union should not only look after its members, but also its community.
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Professionals on Your Side It’s important you have a team of professionals working for you when you buy a home. REALTOR®—Provide advice, has knowledge about the community & neighbourhood, help you find the ideal home based on your needs/wants, negotiate the best deal for you, to write an offer of purchase, help arrange a home inspection. Mortgage Professional—Banks, credit unions, and mortgage brokers are the most commonly considered to lend money for a mortgage. You have a choice so find the right one for you. A great place to start is with the financial institution you have a relationship with but interview others so you can compare. Lawyer or Notary—To protect your legal interests, including reviewing contracts before you sign them, especially the Offer to Purchase. A lawyer or notary should be licensed, live or work in the area, understand real estate laws, regulations and restrictions, have reasonable fees, and be able to explain things in a language you will understand. Insurance Broker—An insurance broker can help you with insurance, including property insurance. Home Inspector—A home inspector will evaluate the property you are considering buying. A home inspection is a visual assessment of the foundation, doors, windows, roof, exterior walls, electrical, plumbing, heating, attic, overall of the building and the lot, to name a few. Appraiser—An independent appraisal can tell you what the property is worth, before you make an offer. This ensures you are not paying too much. Your REALTOR® can help you find an appraiser.
REALTORS® are Professionals Courtesy Real Estate Board of Greater Vancouver
Not all licensed or registered brokerages or real estate agents are REALTORS®. REALTOR® is a trademark identifying real estate licensees who are members of The Canadian Real
HOW REALTORS® HELP Courtesy Real Estate Board of Greater Vancouver
Buying or selling a property can be complicated no matter what type of property. It’s also a significant financial transaction. Therefore, it’s important to get the best help you can. REALTORS® provide you with protection against misadventure and fraud. They stay current on information by participating in ongoing professional education programs. They make use of the MLS® property database to help you sell your property or find a new home. They have marketing and negotiating skills that will help you make the right purchasing or selling decision.
Estate Association. All REALTORS® in BC are licensed and accountable to the Real Estate Council of BC, the provincial government’s regulatory real estate licensing agency. This agency administers the Real Estate Services Act, BC’s legislation governing real estate. REALTORS® are subject to a higher standard than the minimum required by the Real Estate Services Act. REALTORS® are members of real estate boards and are required to adhere to the Canadian Real Estate Association’s REALTOR® Code and Standards of Business Practice. Both the Real Estate Council of BC and the 12 BC real estate boards use a comprehensive investigatory and disciplinary process to deal with complaints. REALTORS® who are found to have breached either the legislation or REALTOR® Code are subject to sanctions by their board and/or the Council. REALTORS® are committed to continuing education and consistently refine and improve their skills and professional knowledge through participation in a mandatory Professional Development Program. Every two years, REALTORS® must complete a required number of course credits as a condition of continued membership in their Board. These courses are designed to keep REALTORS® up-to-date with new and changing information relating to real estate. As licensees, REALTORS® are also required by the Real Estate Council of BC to complete a re-licensing education program every two years.
For the way you live
778-988-1224 OFFICE: 604-466-2838 WEBSITE: www.terrismith.ca E-MAIL: email@example.com
My goal is for you to have the most professional and personalized real estate service possible.
BOB JOHNSTON 604-727-3445
EACH OFFICE INDEPENDENTLY OWNED AND OPERATED
Real Estate Resource Guide 2011–2012 – 5
Helping you is what we do™ Brookside Realty Sid Alamo
Lennie Gullmes Lenni
604-463-2991 firstname.lastname@example.org www.ridgemeadows.com
604-467-5000 email@example.com www.rolftherealtor.com 25 years of service
604-240-0960 firstname.lastname@example.org www.royallepage.ca/ brendalyster
604-377-7765 email@example.com www.royallepage.ca/ randalldidiuk 5 years of service SRES - Senior Real Estate Specialist
Steve Anderson 604-817-5285 steveanderson@ royallepage.ca www.steveanderson.ca 13 years, Royal LePage Platinum, President’s Gold
Craig Appleby 604-467-5000 firstname.lastname@example.org
Luke Ash 604-349-7501 email@example.com www.royallepage.ca/ lukeash
Chad August 604-318-5254 firstname.lastname@example.org www.chadaugust.com 7 years of service MLS Medallion, Platinum Award, Award of Excellence
Debra Bell 604-467-5000 email@example.com www.debrabell.ca 18 years of service MLS Medallion, Platinum Award
Karen Bennett 604-463-3000 firstname.lastname@example.org www.mapleridgerealtors. com 17 years of service MLS Medallion, Master Sales
604-467-5000 patdrummond@ royallepage.ca www.patdrummond.ca 22 years of service MLS Medallion, Royal LePage Lifetime Achievement, Diamond
Angela Dundas 604-857-3232 realestateangela@ gmail.com www.angeladundas.com 3 years of service Sales Achievement
Don Hart 778-988-4278 email@example.com www.homewithhart.com Sales Achievement
Ken Hemminger 604-467-5000 firstname.lastname@example.org www.kenhemminger.com 39 years of service
604-240-3523 email@example.com 25 years of service
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604-202-2794 604-467-5000 email@example.com firstname.lastname@example.org www.bestproperty Jill Catudio source.com 604-340-2944 email@example.com Danny Gerbrandt 604-802-6694 www.realestate danny@dannyandclaudio. vancouverbc.biz com 604-463-2991 firstname.lastname@example.org www.ridgemeadows.com 20 years of service MLS Medallion, Diamond, Award of Excellence
604-467-5000 email@example.com www.dawnbickle.com
604-202-7272 firstname.lastname@example.org www.saraheales.com 8 years of service MLS Medallion, Platinum Award, President’s Gold Award, Master Sales
604-467-5000 email@example.com www.chrisfrandsen.com 21 years of service Presidents Gold, Award of Excellence
604-202-7653 firstname.lastname@example.org www.rolftherealtor.com 26 years of service Platinum Award, Presidents Gold
www.dannyandclaudio.com MLS Medallion, Presidents Club, Award of Excellence
604-765-8670 email@example.com www.thepearceteam.com 2 years of service
604-250-7755 jimisherwood@ royallepage.ca www.jimisherwood.ca 42 years of service MLS Presidents Club
Nicole Jackson 604-467-5000 nicolejackson@ royallepage.ca
Coleen Jennings 604-970-0876 firstname.lastname@example.org
604-467-5000 email@example.com www.mapleridgehome.com
604-466-1440 firstname.lastname@example.org www.mapleridgeliving.ca Don Gerbrandt 19 years of service 604-802-9848 email@example.com Royal LePage Platinum www.dannyandclaudio.com Production Excellence
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604-467-5000 firstname.lastname@example.org www.royallepage.ca/ lorimagnuson
Jeremy McCarthy 604-467-5000 email@example.com
Taryn McKay 604-467-5000 firstname.lastname@example.org 22 years of service Presidents Gold, Platinum Award, Medallion Club
604-463-3000 email@example.com www.rickmedhurst.com 22 years of service MLS Medallion, Royal LePage Platinum
Michelle Neale 604-828-6797 firstname.lastname@example.org www.thepearceteam.com 8 years of service
Jennifer Nixon 604-999-2669 email@example.com www.jennifernixon.ca
Jessica Norman 604-614-3390 jessicanorman@ royallepage.ca www.saraheales.com
Betty Olsen 604-240-5401 firstname.lastname@example.org www.bettyolsen.com Master Sales, Sales Achievement
Debi Pearce 604-202-6917 email@example.com www.thepearceteam.com 8 years of service
Don Pearce 604-230-7917 firstname.lastname@example.org www.thepearceteam.com 20 years of service MLS Gold Medallion, Diamond Award, Award of Excellence
604-467-5000 email@example.com www.raypelto.com 39 years of service Royal LePage Diamond
Bob Quinnell 604-467-5000 bobquinnell@ royallepage.ca www.bobquinnell.com 48 years of service MLS Medallion
Yolanta Siwinski 604-467-5000 firstname.lastname@example.org
Tammy Sonne 778-773-2707 email@example.com www.royallepage.ca/ tammysonne
Mary Spann 604-308-5088 firstname.lastname@example.org www.maryspann.com
604-466-4551 jimquinnell@ royallepage.ca www.jimquinnell.com 20 years of service Directors Platinum, Award of Excellence MLS Medallion
604-788-4792 laurellsware@ royallepage.ca
604-467-5000 email@example.com www.rickardandfox.com
Glenn Rogers 604-790-2345 firstname.lastname@example.org www.housebymouse.net
Luke Rogers 604-780-2304 email@example.com www.housebymouse.net 2 years of service
Greg Swatske 604-467-5000 firstname.lastname@example.org www.swatske.com 604-760-3453 trevortache@ royallepage.ca www.royallepage.ca/ trevortache
Ralph Tedford 604-612-7005 email@example.com www.ralphtedford.com
Bob Terepocki 604-817-2920 bobterepocki@ hotmail.com
Vicky van 604-340-4167 firstname.lastname@example.org Herwaarden 604-999-2452 dannyandclaudio.com email@example.com MLS Medallion, www.thepointehomes.ca Presidents Club, Award of Excellence Amanda Kevin Sass 604-467-5000 hemlockrealestate@ telus.net
604-619-2164 amandavandenbrink@ shaw.ca www.clickmyhome.ca 3 years of service
778-846-8484 firstname.lastname@example.org www.missrealty.ca
604-812-2894 email@example.com Sandie Scherer www.clickmyhome.ca 604-290-5181 R.I.(B.C.) firstname.lastname@example.org Urban Land Economics dannyandclaudio.com 12 years of service Virginia 604-839-6495 chaseshymkiw@ royallepage.ca www.royallepage.ca/ chaseshymkiw
604-467-5000 email@example.com Sales Achievement
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11933 - 224th St., Maple Ridge Real Estate Resource Guide 2011–2012 – 7
REALTORS® Can Help Save Buyers and Sellers Money Whether an individual is a buyer or a seller, or doing both, his or her goal is to get the best fi nancial deal on the home — and often that means having a qualified REALTOR® working in his or her corner. Those entering the real estate realm may have misconceptions about what’s involved. Oftentimes, individuals think they can go it alone and save money in the process. However, not having a knowledgeable agent to navigate the process can end up costing more money in the long run. An agent is not there just to open up houses for viewing or to simply put a For Sale sign on the front lawn. REALTORS® guide the seller or buyer through a complicated process of legalities and emotional hurdles. Agents also negotiate for the buyer and seller to help them make important financial decisions. W hen sel lers a re i nter v iew i ng REALTORS®, their primary focus is usually on the advertising that the agent will do. Advertising is important, but sellers need a strong negotiator to help get the best price and terms. Buyers should also look for agents who have strong negotiating skills and neighbourhood knowledge to help them make the most of their purchasing power. Individuals can expect a REALTOR® to help them navigate a process that, to first-time buyers or sellers, can prove intimidating. Buying a Home 1. Schedule a consultation to discuss what the buyer is looking for in a home. 2. The REALTOR® may suggest buyers speak with a mortgage consultant to figure out their buying power and obtain a mortgage pre-approval letter. 3. The agent will then look up home listings in a particular price range and help the buyers to view the homes. 4. When buyers find a home, the real estate agent will help them come up with a fair market price and write up the contract to present to the seller. 5. The agent will help the buyer negotiate on the final price with the seller.
6. The agent may be present during a home inspection, which is recommended. 7. The agent will then schedule the home appraisal. 8. He or she will then confirm the closing and be present at closing with the buyer and the attorney, if necessary. Selling a Home 1. The real estate agent will meet with the sellers and evaluate the home and property. 2. He or she will do a market analysis to determine the best price to list the house based on the neighbourhood and comparable sales. 3. The agent may make suggestions for repairs or improvements that can help make the home more attractive to buyers. 4. The real estate agent may present a marketing plan that indicates where the home will be advertised. 5. He or she will write up a listing agreement and begin the process of marketing the home. 6. An open house for real estate brokers may be scheduled. 7. An open house for buyers will be scheduled. 8. The agent will field calls from other agents and notify the seller when a viewing request has been made. 9. Follow-up feedback can be offered, which may include information the agent receives by making calls to people who viewed the home or by tracking how many potential buyers viewed the home listing. 10. When an offer comes in, the agent will notify the sellers and advise them of the negotiation process. 11. The agent will be present during a home inspection. 12. The agent will likely be present at the home closing with the real estate attorneys. Individuals buying or selling a home can certainly do it by themselves, but REALTORS® have the knowledge and provide assistance through the myriad steps of the process, helping individuals to save time and money.
8 – Real Estate Resource Guide 2011–2012
10 QUESTIONS TO ASK YOUR REALTOR® Courtesy Real Estate Board of Greater Vancouver
1. How long have you been a REALTOR®? 2. What is your average list-to-sales ratio? A good REALTOR® should hold a track record for how many properties they have listed to how many they have sold within a given time period. 3. How will your marketing plan meet my needs? In other words, How will you sell my home? Where and how often will you advertise? Do you have samples of past marketing efforts? 4. Will you provide references? 5. What separates you from your competition? 6. May I review documents that I will be asked to sign? 7. How will you help me find other professionals? 8. How much do you charge? 9. What kind of guarantee do you offer? 10. What haven’t I asked you that I need to know?
Buying or Selling? Contact one of the
Jim Williams Realtor 604 463 2200 firstname.lastname@example.org Selling? Do You Want The Most Money For Your Home? Let me Target Market your home to all lower mainland communities! Buying a home is easy with my specially designed MLS Buyer Software Tool. Available at www.6044632200.com 15,000 homes for sale at www.jimjoyce.com
WILLARD DUNN 604-818-8760
PENNY DUNN 604-818-8762
Selling, buying or leasing real estate? www.willarddunn.com email@example.com
604-202-5117 Over 18 years experience hether you’re selling, buying, relocating or just have a few questions, give me a call...anytime
“There is is no substitute for integrity, knowledge and trustworthiness” firstname.lastname@example.org www.mapleridgerealestate.com
Put my years of experience to work for you.
Frank Budd Associate Broker/Realtor 604-724-5567 Search for new Maple Ridge listings on my sites
www.frankbudd.com www.mapleridgetownhouses.com Email: email@example.com
Service you can trust. Real Estate Resource Guide 2011–2012 – 9
Using a Mortgage Professional Courtesy Dominion Lending
Choice—Mortgage brokers can provide wide range of mortgage products from various lenders to meet your specific financial needs. Advice—Mortgage brokers offer alternatives in selecting a mortgage product and other financial services that are best suited for your situation. Service—Mortgage brokers are available to meet you when & where it is most convenient. They manage the mortgage process to ensure you have a positive experience. Savings—Mortgage brokers may save you money by providing, on average, lower interest rates. Mortgage brokers do not all have access to the same lenders, so the available mortgages vary from broker to broker. It’s important to shop around with more than one broker, just as you would with financial institutions. Compare rates and features of the mortgages to help make the right decision for you.
There are generally two ways to get a mortgage in Canada: From a financial institution or from a licensed mortgage professional. While a financial institution offers products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, trust companies, and financial institutions. Rather than lending money directly to you, brokers arrange transactions by fi nding a lender for their clients; therefore, offering choice and access to hundreds of mortgage products. As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs. Whether you’re purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it’s important that you are making an educated buying decision with professional unbiased advice.
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VINYL SHEET FLOORING
#304 20285 Stewart Cres., Maple Ridge, BC Phone: 604-477-6841 • Fax: 604-477-6843 www.allaboutfloors.org
10 – Real Estate Resource Guide 2011–2012
Greater Vancouver home sales trend toward buyers’ market over summer eight per cent decline compared to the down slightly in each of the past two August marked the third consecutive 5,097 new listings reported in July 2011. months,” Setticasi said. “It’s important month that home sale activity in Greater Last month’s new listing total was the for people entering the market to underVancouver was below the 10-year average highest volume recorded for August in stand that activity can differ significantly for the month. In contrast, home listing 16 years. depending on the area and property activity in the region has exceeded the At 15,437, the total number of resi- type.” 10-year norm every month since the dential property listings on the MLS® Sales of detached properties on the beginning of the year. increased 1.4 per cent in August com- MLS® in August 2011 reached 1,020, an The Real Estate Board of Greater pared to July 2011 and rose 0.1 per cent increase of 14.2 per cent from the 893 Vancouver (REBGV) reports that resi- compared to this time last year. detached sales recorded in August 2010, dential property sales of detached, The MLSLink® Housing Price Index and a 25.4 per cent decrease from the attached and apartment properties on (HPI) benchmark price for all residential 1,367 units sold in August 2009. The the region’s Multiple Listing Service® properties in Greater Vancouver over benchmark price for detached properties (MLS®) reached 2,378 in August. Th is the last 12 months has increased 8.5 per increased 11.7 per cent from August 2010 total represents an eight per cent increase cent to $625,578 in August 2011 from to $888,243. compared to the 2,202 sales in August $576,597 in August 2010. Sales of apartment properties reached 2010, but also ranks as the third lowest “Year over year, prices are up. 955 in August 2011, a 2.1 per cent total for August in the last 10 years. However, in the detached home cat- increase compared to the 935 sales in “MLS® statistics continue to indicate egory, benchmark prices have come August 2010, and a decrease of 34.8 that we’re in a balanced per cent compared to the market,” Rosario Setticasi, 1,464 sales in August 2009. R E BGV pre sident s a id . The benchmark price of an “However, with a sales-toapartment property increased It’s the age-old question, do I sell my home actives listings ratio of 15 per 5.6 per cent from August 2010 before I buy, or do I buy my new home cent, Greater Vancouver is in to $407,457. before I sell? It’s natural to want to buy your the lower end of a balanced Attached property sales in new home first so you have the security of market and has been trending August 2011 totalled 403, a 7.8 knowing where you’ll be living. But there are advantages to selling first, buying later: toward a buyers’ market over per cent increase compared to f You’ll know how much your house the past three months.” the 374 sales in August 2010, is worth, so you can be sure of New listings for detached, and a 33.9 per cent decrease how much you can spend. at tached a nd apa r t ment from the 610 attached propf There’s a chance you won’t have to proper t ies in Greater erties sold in August 2009. make your offer subject to financing. Vancouver totalled 4,685 in The benchmark price of an August. This represents a attached unit increased 4.5 f You might be able to arrange a long 24.9 per cent increase comper cent between August 2010 closing to give you time to look. pared to August 2010 when and 2011 to $511,433. f It could be a stressful situation, but it’s 3,750 properties were listed also stressful to own two homes. for sale on the MLS® and an Courtesy Real Estate Board of Greater Vancouver
BUY OR SELL FIRST?
REAL ESTATE needs Anderson Anderson & TThompson hompson
for all your
604-463-6281 22311 - 119th Avenue, Maple Ridge, BC V2X 2Z2 Fax: 604-463-7497 firstname.lastname@example.org email@example.com
For all of your real estate needs Call Brenda & Al Jenkins today! 604-467-3871 www.brendajenkins.com
Alan C. Thompson
Real Estate Resource Guide 2011–2012 – 11
We never stop moving
604-467-9300 22519 Dewdney Trunk Road, Maple Ridge
Anny An 604-377-2568
Kim Fabbro 604-996-8350
Janet Murphy 604-351-6772
Danette Ball 604-467-9300
Helen Ferris 604-467-9300
www.coldwellbankermapleridge.com Marshell Forster 604-561-4012
Elida Baxter 604-467-9300
www.coldwellbankermapleridge.com firstname.lastname@example.org Ron Fraser 604-467-9300
Dan Beyko 604-467-9300
www.mapleridgeliving.com mapleridgeliving@shaw. ca
Bill Mutch 604-467-9300
www.coldwellbankermapleridge.com email@example.com Terry Passley 604-230-2625
www.mapleridgeismyhome.com firstname.lastname@example.org Stan Pavlov 604-467-9300
Mellissa Galway 604-788-8476
www.thegalwaygroup.ca mgalway@shaw. ca
Laurel Payne 604-467-9300
Jeff Bright 604-828-7653
Sue Galway 604-828-8476
Kevin Brack 604-657-4064
Mark Cardas 604-816-0444
Ted Hedrick 604-418-4799
Mario Casoria 604-454-8102
Al Hogarth 604-506-5840
Jack Clesson 604-374-4398
Jamie Luttmer 604-760-6448
Ralph Telep 604-467-9300
Cass MacLeod 778-773-2903
Lorne Wild 604-467-9300
Vicki Cunningham 604-839-3990
Kris Mugridge 604-612-7819
Randy Cooke 604-467-9300
Don Schmidt 604-240-3359
www.donschmidt.ca email@example.com Bonnie Telep 604-467-9300
www.bonnietelep.com firstname.lastname@example.org Dave Telep 604-467-9300
We never stop moving.
12 – Real Estate Resource Guide 2011–2012
We never stop moving
604-467-9300 22519 Dewdney Trunk Road, Maple Ridge
Bill Kok Consultant
Coldwell Banker Tri-Tel Realty
We make your move easier. Sue Galway
Marina Jorgenson Administration
Heather Palis Administration
If you’re thinking of buying or selling, call us at 604-467-9300
CALL TODAY FOR A FREE MARKET EVALUATION. www.coldwellbanker.ca Real Estate Resource Guide 2011–2012 – 13
Bissky Architecture Inc.
10 Steps to Buying Your Home Courtesy Real Estate Board of Greater Vancouver
Celebrating our 20th year in Maple Ridge, Bissky Architecture Inc. is a full-service design Ärm. In addition to planning, architectural, and interior design, we provide land development, rezoning and design-build consulting services. Our work experience includes multi-family, institutional, industrial and commercial developments throughout British Columbia, Canada, the Caribbean and Africa. 604-467-8300 · email@example.com · www.bisskyarchitecture.ca
TEKTON Project Management offers turn-key solutions for developers, realtors, architects, and anyone looking to have their construction project managed from start to ﬁnish. We take care of your budget, your contractors, your approvals, and your design to ensure the product you want is the product that’s built. Our team has worked in the industry for over 25 years and have been active in the local Maple Ridge community for long enough to know what it takes to get the job done. 604-467-8306 · firstname.lastname@example.org www.tektonprojectmanagement.ca
14 – Real Estate Resource Guide 2011–2012
1. Are you ready to buy—You should already have saved some of your down payment and should be good at managing debt like credit cards or loans. A mortgage is a financial responsibility that also requires constant upkeep. 2. Decide how much you can afford —Use this simple equation to consider what to expect after you’ve saved for your down payment. The cost of buying a home = one time costs (down payment, legal fees, inspection fees and taxes) + monthly costs (mortgage, utilities, maintenance, insurance and property taxes). 3. Decide what you want to buy—First decide where you want to live (urban, suburban, rural) and then decide which neighbourhood suits you best and what type of home (detached, attached or apartment) you want. Whether or not the property is new or resale may also affect your costs. 4. Find the right REALTOR®—There are many ways to fi nd a real estate agent; drive through neighbourhoods that interest you and jot down names, go to open houses, look at advertising, ask friends and family for referrals. Interview two or three and pick the one you like best. 5. See what’s out there —REALTORS® run an incredible search tool called the Multiple Listings Service® (MLS®) which contains information on property listings. Your agent can send you listings that fit your criteria and together you can draw up a short list and visit them. 6. Sell your current home. 7. Add specialists to your team—Decide on a lender. A notary public or a lawyer will help you understand the many legal documents that come with buying your home. A home inspector can save you from unpleasant surprises when you move in. 8. Make an offer—REALTORS® are expertly trained and will prepare your offer for you and explain any terminology you don’t understand. 9. Arrange a mortgage—There are banks, credit unions and other lenders available for you. Talk to your financial institution and call around to others. Ask friends or family for referrals. REALTORS® are knowledgeable about mortgages and may refer you. 10. Close the deal and move in—Your offer has been accepted and your real estate agent and notary public or lawyer will do most of the closing work. Make sure you understand the conditions of the agreement that require immediate action on your part.
add style to your home with a fireplace
Regency Horizon HZ042 shown with stainless steel faceplate.
Regency Horizon HZ54E shown with stainless steel faceplate, black enamel reﬂective panels and black crystals.
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Your ﬁreplace specialist... 11834 226th St. Maple Ridge • 604-467-2200 www.warmhearth.ca Real Estate Resource Guide 2011–2012 – 15
It’s Your Move: Give Us A Call Roger Cummings
email@example.com § 604-828-7643
firstname.lastname@example.org § 604-838-8872
email@example.com § 778-235-0549
firstname.lastname@example.org § 604-816-6961
email@example.com § 778-227-5650
firstname.lastname@example.org § 604-230-4020
email@example.com § 604-727-5531
firstname.lastname@example.org § 604-341-0783
Brenda@BrendaExner.com § 604-603-8043
email@example.com § 604-307-0700
firstname.lastname@example.org § 604-970-2209
email@example.com § 604-649-1346
firstname.lastname@example.org § 604-880-3275
email@example.com § 604-818-9851
Travis Franklin firstname.lastname@example.org § 604-351-0235
email@example.com § 778-866-6683
firstname.lastname@example.org § 778-838-9273
email@example.com § 778-551-1901
Jay Fraser firstname.lastname@example.org
email@example.com § 604-421-2220
firstname.lastname@example.org § 604-313-5727
email@example.com § 604-617-9642
For More Than 65 Years, a Trusted Name in Real Estate
firstname.lastname@example.org § 604-250-3977
Mike Huber email@example.com § 604-839-8647
Maple Ridge Ofﬁce 22718 Lougheed Highway
firstname.lastname@example.org § 604-351-8885
16 – Real Estate Resource Guide 2011–2012
Things have changed over the years..... but not our dedication or service
der uilding un tore. The b S l n o ra ti e n ia e c sso er G gressive A e) has a nd L. Cart nd Raymo Haney Pro a e erc h le m T b m . ta o b s u C Miner P the livery mber of y a s ill h w B C o e h e s g th , id 0 now le R ett, 191 f Montreall, nd still later the Map t trafﬁc. Front Stre s and boa a the Bank o in e is a d tr n ra r o T e ti f c g o u n constr Board th passe aple Ridge sible to bo (later the M t would be clearly vi tha huge sign
For more than 65 years, a trusted name in real estate
Maple Ridge Town Centre today
Maple Ridge Ofﬁce 22718 Lougheed Highway
Real Estate Resource Guide 2011–2012 – 17
SOLD Nazir Abdulla 2009
HELPING PEOPLE MOVE SINCE 1994 BUYERS · SELLERS · INVESTORS
Someone You Can Trust Service You Can Depend On Free Consultation
CALL NAZIR (TODAY!)
nazirabdulla@ shaw.ca WEBSITE
results realty EACH OFFICE INDEPENDENTLY OWNED & OPERATED
OUTSTANDING AGENTS, OUTSTANDING RESULTS
Meet Rockey Simpson. We are pleased to introduce Rockey Simpson as Mortgage Development Manager for Servicing Maple Ridge and Area. Rockey brings to the community over 30 years of experience and expertise in creating solutions to match your home ownership needs.
Rockey Simpson Mortgage Specialist
Rockey Simpson Mortgage Specialist email@example.com mdm.scotiabank.com/rsimpson
Contact Rockey for expert advice, competitive rates and innovative programs that make home buying easier. Plus with the convenience of mobile technology, Rockey is available to meet with you at your home or ofÀce.
Maple Ridge and Area 604-374-3209 fax 888-775-2572
Registered trademark of The Bank of Nova Scotia.
18 – Real Estate Resource Guide 2011–2012
Buyers Or Sellers Market Courtesy Real Estate Board of Greater Vancouver
The real estate market is cyclical—which is why you may have heard the term, “real estate cycle.” Several key factors influence this cycle, including interest rates, employment growth, investment growth, construction and even immigration. All influence whether there is a buyer’s market or a seller’s market. A buyer’s market is when there are many more homes for sale than there are buyers. As a result, prices may drop over time as homeowners become eager to sell their property. A sellers market is when interest rates are low so there are many qualified buyers and not many homes for sale. Buyers must make quick decisions and face multiple offers on the home they have chosen to buy and prices can rise. To measure market activity, the Real Estate Board has a unique tool. It’s the Sales-to-Listings ratio that measures the balance between demand and supply. • A ratio of three sales for five listings means we are in a seller’s market. • A ratio of less than 7 sales for every 20 listings means we are in a buyer’s market.
Home Buyer’s Plan Courtesy Envision Financial, Ridge Meadows Branch
If you are a fi rst-time home buyer, the Home Buyer’s Plan (HBP) allows you to withdraw money from your Registered Retirement Savings Plan (RRSP) tax-free to make your down payment. The Plan is administered by the Canada Revenue Agency (CRA). For more information, visit www.cra.gc.ca or talk to your financial advisor or institution. • You can withdraw up to $25,000 from your RRSP • If you buy the home together with your spouse, partner or someone else, each of you can withdraw up to $25,000, for a total of $50,000 • The withdrawal from your RRSP does not need to be included in your income on your annual tax return, and tax is taken off the money you withdraw. • You don’t have to start paying back the money to your RRSP until two years after the purchase of your home. • You must pay back all withdrawals from your RRSP within 15 years by making RRSP deposits each year, starting the second year following your withdrawal. CRA will determine what your yearly repayment will be and will notify you once you need to start repaying the amount. • If you do not repay the amount due in a given year, it is included in your taxable income for that year and you’ll have to pay income tax on this amount.
Before you start looking for a new house, take a moment to figure out what you need or want. Th is will help your real estate agent narrow down the right houses to show you.
EXTERIOR Large lot and yard Low maintenance yard Single family detached home Basement suite Town home Condominium One story Two stories Three stories Fenced back yard Deck or patio area Attached garage One car garage Two car garage Private driveway Aluminum siding Wood siding Brick exterior Recently painted woodwork
One bedroom Two bedroom Three bedroom Four bedroom One bathroom Two bathrooms Three bathrooms Four bathrooms Closet in entry Separate dining room Fireplace in living room Separate family room Fireplace in family room Eat in kitchen Island kitchen Kitchen appliances with purchase Laundry room Master bedroom ensuite Main floor bathroom Carpeting Hardwood floors Large windows Basement
Let us help you create your own great space. Canadian-made 5-piece maple bedroom suite includes queen-size bed, 2 nightstands, 6-drawer dresser and mirror. Sale $2899. Also available: king-size bed suite $2999. fireplace tv unit $1099. 5-drawer chest $749. Sale on through Oct 31st.
Book a con with Pamsult .
greatspaces 21768 lougheed hwy, maple ridge 604-463-7505
sun & mon 11–5 tues–sat 10–6 holidays 12–4
Real Estate Resource Guide 2011–2012 – 19
EACH OFFICE INDEPENDENTLY OWNED & OPERATED
20842 Lougheed Highway, 105–1250 Dominion Avenue, Maple Ridge, BC V2X 2R3 Port Coquitlam, BC V3B 8G7 604.467.0811 604.472.0811 Visit us online at remaxresultsrealty.com or search listings on your mobile device at remaxresultsrealty.com/m
604-724-4000 adriantherealtor.com firstname.lastname@example.org
604-657-6099 deborahstevens.com email@example.com
778-908-4191 keithf.remax.ca firstname.lastname@example.org
604-230-7284 thehayesteam.ca email@example.com
604-218-9691 alevan.remax.ca firstname.lastname@example.org
604-2617-3931 theresagold.com email@example.com
604-561-8161 thehayesteam.ca firstname.lastname@example.org
604-290-5639 the hayesteam.ca email@example.com
604-779-3081 andreavennesland.remax.ca andreavennesland@ remax.net
604-318-9496 donnahetherington. remax.ca firstname.lastname@example.org
778-686-7653 laurissarasmus.com email@example.com
604-715-6031 rickclements.com firstname.lastname@example.org
604-290-8733 barryhoulihan.com email@example.com
778-840-7211 tri-cityhomes.net firstname.lastname@example.org
604-808-4966 robpoole.ca email@example.com
604-790-1244 ihorz.remax.ca firstname.lastname@example.org
604-313-3358 sellingbc.ca email@example.com
604-868-2466 spastorek.remax.ca firstname.lastname@example.org
778-808-1029 jugboparai.com email@example.com
604-220-3931 ourlistings.com firstname.lastname@example.org
604-377-6646 sonjajones.ca email@example.com
604-308-3883 janetmaxwell.com firstname.lastname@example.org
604-551-5654 loriblake.com email@example.com
604-551-3237 theresagold.com firstname.lastname@example.org
778-866-5680 theresagold.com email@example.com
604-306-5478 themarkstevensteam.com firstname.lastname@example.org
604-418-4902 tomthiessen.com email@example.com
778-840-7211 jimprice.remax.ca firstname.lastname@example.org
604-754-8122 melissaandjoey.com email@example.com
604-908-5582 vhaskell.remax.ca firstname.lastname@example.org
604-817-5579 juliannemaxwell.com juliannemaxwell1@ gmail.com
604-351-3870 nazirabdulla.com email@example.com
Bjorn Soolsma 604-763-4265 bsoolsma.remax.ca firstname.lastname@example.org
Brenda Mason 604-786-4724 1stchoicerealestate.org email@example.com
Darcy McLeod 604-671-4092 darcymcleod.ca firstname.lastname@example.org
Darlene Miller 604-787-7228 millerteam.ca email@example.com
Dean Miller 604-374-4663 millerteam.ca firstname.lastname@example.org
Commercial Specialist 604-726-7137 deanthomas.net email@example.com
Karen Knittel 604-671-5795 karenknittel.com firstname.lastname@example.org
20 – Real Estate Resource Guide 2011–2012
Nina Campbell 604-209-1225 ninacampbell.ca email@example.com
The Right Agents for Today’s Market
Start the conversation in the new Café at our Maple Ridge location.
Visit us online at remaxresultsrealty.com or search listings on your mobile device at remaxresultsrealty.com/m Real Estate Resource Guide 2011–2012 – 21
House Hunting Checklist Buyers may look at dozens of houses before finding the right one. Here’s a checklist to guide you through the things to consider when house hunting. Keep notes on each house you see so you can compare.
Location: ________________________________________ Address: ________________________________________ Asking price: ____________________________________ Annual property taxes: __________________________ Type of house: __________________________________ Neighbourhood type: ____________________________ Neighbourhood condition: _______________________ Zoning restrictions: ______________________________ Proximity to schools: ____________________________ Proximity to main roads: _________________________ Lot size and shape: ______________________________ Size and condition of front and back yards: ________
OTHER COSTS TO BUYING A HOME Courtesy Envision Financial, Ridge Meadows Branch
The price of the house you are buying is not the only cost you need to consider when deciding if you can afford to buy. There are other costs to consider: • Legal Fees • Appraisal Fee • Home Inspection • Title Insurance • Property Transfer Tax or Land Transfer Tax • Water Tests/Septic Tests—depending on location • Survey Certificates • Prepaid Expenses • Property Tax—typically paid for the year so the seller is reimbursed the portion of the year that the buyer will occupy • Utility Bills • Strata/Condo Administration Costs to produce • Estoppel Certificate • Insurance Binder • Form A • HST/GST—new construction only
Number of stories:_______________________________ Driveway: _______________________________________
Countertops type and condition: _________________
Siding type and condition: _______________________
Floors type and condition: _______________________
Overall condition of exterior: _____________________
Wall colours and condition: ______________________
Garage type and size: ____________________________
Fireplace/wood burning stove: ___________________
Basement description: ___________________________
Patio/deck type and condition: ___________________
Electrical wiring and outlets: _____________________
Roof type and condition: _________________________
Lighting fixtures: ________________________________
Windows type and condition: ____________________
Plumbing condition: _____________________________
Room sizes: _____________________________________
Heating type and condition: ______________________
Number of bedrooms: ___________________________
Hot water heater age and condition: ______________
Number of bathrooms:___________________________
Kitchen cabinet type and quantity: ________________
does your HOUSE need REPAIRS LifeStyles Realty
Handyman EV Installaltions “Installations Done Right”
Experience is the perhaps the most essential attribute of any successful realtor. Consistently ranking in the TOP 10% of realtors in the Real Estate Board of Greater Vancouver (REBGV), I have sold hundreds of homes in a real estate career that ﬁrst began in 1980. The best way to gain experience is through hard work so I’m a full-time realtor . . . and then some!
“Trustdreams!” Your Dreams!” “Trust your
Each ofﬁce independently owned & operated
22 – Real Estate Resource Guide 2011–2012
With over 15 years of experience, hard work and dedication I can help you accomplish any of your home improvements today! Contact me to start your projects today!
GOOD RATES • FREE ESTIMATES firstname.lastname@example.org www.handymanevinstallations.webs.com
Evan @ 604.762.8426 • Drywall • Paint • Venting • Carpentry • Appliance Installation • Laminate Flooring • Minor Plumbing and more... WE CAN HELP!
CHRISTINE & RALPH
11933 224th St., Maple Ridge
email@example.com & firstname.lastname@example.org
NEW HOME CONSTRUCTION PROJECTS COQUITLAM Burke Mountain
• 21 Homes H tto choose h from f • 9 Quality builders to select from • 4 Locations to select from • Priced from $799,000
• 10 homes coming soon • City in the country location • Parks, schools & rec. nearby • Two storey w/basement & basement entry homes w/legal suites
•G Gated d community i • Stunning River & Valley views • 10 lots in Cul-de-Sac location • Lots start from $184,900 - builders terms available • Custom Built Homes by Rattan Construction Ltd.
ESTABLISHED NEIGHBOURHOOD HOMES
23532 Dogwood Ave. • 1 acre • City water and sewer • Renovated rancher with part basement • $599,800
Call Dave 604-802-3331
24320 Fern Crescent • Alouette River waterfront • 1 acre with city water • Large family rm, wood burning ﬁreplace • $799,000
Call Ralph & Christine 604-612-7005
24190 106B Ave. • 4 bedroom Maple Crest home on 1/4 acre • Wallmark custom home in award winning subdivision • $724,900
Call Ralph & Christine 604-612-7005
25931 Dewdney Trunk Rd. • 15 acres and 2 homes • 6 bedrooms, 4 bathrooms and music room, conservatory and indoor pool • $2,650,000
Call Dave 604-802-3331
SELLING HOMES FROM MISSION TO COQUITLAM
WE HAVE YOU COVERED Real Estate Resource Guide 2011–2012 – 23
GRAND OPENING Phase II
29 Single Family Homes starting from $514,900 including HST NEW SHOWHOME
The Roberts from
3 bedroom with full daylight unﬁnished basement. 2660 sq ft
3 bedroom with unﬁnished basement. 2700 sq ft
The Rena from
4 bedroom with unﬁnished basement. 3300 sq ft
Prices Include HST!
Upgrades Included... Stainless steel appliances Screens Granite in the kitchen Maple cabinets throughout
Vaulted ceilings Wrap around verandah Full size homes with open and efﬁcient ﬂoor plans
Overlook Greenbelt EnerGuide rated homes Exterior upgrade of Hardie and choice of stone
Visit us online at www.thepointehomes.ca 236A St
Creekside CreeksideStreet Street
Gilker Hill (2366 St)
Av 112A Ave
Visit our two fully furnished Show Homes
Haney By-Pass Kanaka Way
BROOKSIDE REALTY 11933 224th St Maple Ridge
24 – Real Estate Resource Guide 2011–2012
OPEN 12-4 PM Except Fridays 11227 236A St. Maple Ridge
Call Vicky 604-999-2452
Sarah has lived in the Maple Ridge & Pitt Meadows for over 35 years. Sarah comes from a construction family, is a mother of three, resident, volunteer, investor and successful realtor in her community. She prides herself on local knowledge of neighbourhoods, customer service, honesty, integrity, repeat clients & referrals. For all levels of real estate needs, Jessica think of Sarah! Norman
Jessica has proven people are her passion, with an education in sales & marketing and past accomplishments in the service and sales Industry. Jessica is proud to have lived and worked in Ridge Meadows for over 25 years. She has the local knowledge, work ethic and commitment to create success for her clients and lifelong relationships.
500 Gift Card
with your next Real Estate Purchase or Sale. Call us to ﬁnd out how today!
Brookside Realty 11933 224th St MR
Royal LePage Brookside Realty
CHASE SHYMKIW Working Hard For You
Biography Chase Shymkiw is a Real Estate Professional, who goes out of his way to help both buyers and sellers make their dreams come true. Whether it’s ﬁnding the perfect home, getting top dollar for your home or arranging any ﬁnancing and/or legal work necessary to complete transactions, through his website, other national websites, marketing through the MLS system, newspaper advertising and two local kiosks in high-trafﬁc malls, your home will get the most exposure possible. Chase is motivated and determined, and it is his willingness to work hard that makes him an obvious and smart choice for anyone looking to buy, sell, invest or even re-locate! Free Market Evaluations are always offered.
Chase Shymkiw 604-839-6495 email@example.com
11933 224th St., Maple Ridge
www.your bcrealtor.ca Real Estate Resource Guide 2011–2012 – 25
Quality of service • Knowledgeable sales people Courteous staff • Competitive prices Sears guarantee of satisfaction† †
Ask sales associate for details.
YOUR FLOOR COVERING PRODUCT & SERVICE EXPERTS CARPET CERAMIC HARDWOOD ENGINEERED WOOD LAMINATE FLOORING VINYL AREA RUGS
Take 5 years to pay*
When you use your Sears Financial Credit Card on all installed ﬂoor coverings and custom window coverings at Sears Floor Covering Centres.
11926 227th St, Maple Ridge
MAPLE RIDGE LIGHTING
*On approved credit. Minimum purchase of $2500. Annual interest rate of 9.99% applies from date of purchase for 60 months. An equal monthly payment must be made each month. See Installation Agreement for more details. **Points are awarded on net purchases. Earn 2 points per $1 spent at Sears. Point calculation is based on the standard earning of 1 base point per $1 spent on every transaction. Excludes Sears Gift Cards and services including delivery and insurance. .Sears is a registered trademark of Sears, licensed for use in Canada. MasterCard® is a registered trademark of MasterCard® International Incorporated. © 2011 Sears Canada Inc.
Sears FCC Barrie - Ad for Goodlife.indd 1
26 – Real Estate Resource Guide 2011–2012
2/10/2011 12:45:11 PM
Schools a Big Factor in Home Purchase There are many factors buyers consider when shopping for a home. From the number of bedrooms to the size of the backyard, prospective buyers have their priorities with what they’re looking for in a home. Parents to young children or couples planning to start a family should also consider the public and private school system. Although countertops and interior living areas may be foremost on the minds of house shoppers, individuals also have to take school districts into consideration when looking at homes, particularly if they’re concerned about giving their children the best education possible. According to research by The Wall Street Journal, buyers are willing to pay more for a property if it is in a good school district. That’s because even if they do not have children, buyers know that a good school district helps a home remain attractive. Not all schools are created equal, and some rank better in test scores and teacher-to-student ratios than others. These are essential factors to think about when looking at homes. If the home will be a stepping stone to another home in a few years, buyers want to ensure their home has the best chance for resale and a good school district is a factor future buyers may think about. Buyers also may want to make a trip to visit the area they’re considering during school hours to see for themselves the type of students and parents at the school. One also may want to set up a brief meeting with the principal to learn more about the ideals of the school and its goals. It’s also a good idea to look at the proximity of the school to the house. Students who live within a certain distance from the school may have to find their own transportation to and from school. Families that are interested in a host of extracurricular activities can also evaluate the area based on the sports or other opportunities offered to students. Having a picture of the school district in the area buyers are considering will help offer a better idea of the neighbourhood and the people around whom they’ll be living. School districts are important to consider when buying a home, so much so that buyers are willing to pay a little more if it means having a good school in their area.
“A Tradition of Trust”
I have been a Licensed and Trusted Realtor since 1993 and I always look forward to applying my knowledge, skills and highly professional attitude to my career. Whether you are a “Property Virgin”, Investor or a Loyal returning Client I welcome it all. My passion for Homes extends beyond Buying & Selling. Many of my clients and Developers have taken advantage of my complimentary Interior Design, Show Home Designs and Staging skills. Weather you need help designing your Dream Home or staging your up coming home for sale, I am eager to help. My career highlight was appearing as a guest Realtor on HGTV’s “Buy Me” representing an Investor from Vancouver who recognized the incredible values in Maple Ridge. My dedication and Integrity has landed me in the top 10% of Realtors in the Greater Vancouver Board of Realtors known as the “Medallion Club” as well as Platinum Sales Status with Royal Lepage. Helping you is what I Do
11933 224th St., Maple Ridge Brookside Realty
Real Estate Resource Guide 2011–2012 – 27
10 Steps for Selling Your Home Courtesy Real Estate Board of Greater Vancouver
1. Decide when to sell—In real estate, timing can influence your home’s selling price. Factors like how quickly you need to sell, whether it’s a buyers or sellers market and seasonality all play a role in your home’s final selling price. 2. Find a REALTOR® who is right for you—The agent who helped you buy your home is a good place to start. They already know your home and they know you, so you’ll be saving time right from the start. Or look for names on For Sale signs in your neighbourhood or ask friends or family. Make sure to interview candidates and choose the one you like best. 3. Sign a listing agreement—Th is authorizes your agent and their brokerage to market and sell your home. It will defi ne the legal relationship between you and the real estate brokerage and also set a time limit for your agent to sell your home. 4. Determine your home’s asking price—The right asking price will attract buyers and pay you a maximum return. Setting too low a price means you could miss out on thousands of dollars. Setting too high a price will scare away buyers. Your goal is to find fair market value. 5. Add some specialists to your team—Similar to when you bought your home, it’s essential to have a notary public or lawyer handle all the documents that change hands and make sure your interests are protected. 6. Prepare your home for sale—Now is the time to see your home through a buyer’s eyes: get rid of clutter, clean and repair as much as you can, within reason. Remember, weigh the cost of all your home improvements versus the potential financial return. 7. Let your REALTOR® do what they do best—Your agent will begin to market your home—For Sale sign, open houses, newspaper ads, a listing on MLS®, the internet and of course through your agent’s relationship with other agents. 8. Prepare your fi nances—Will the buyer “assume” your mortgage or are you “discharging” it. If you’re buying a
new home, is your mortgage “portable”? What taxes are involved? These are important questions to ask your agent, your lender and your notary public or lawyer. 9. Receive an offer—Although REALTORS® will walk you through the process, be prepared for some stress. You will see every offer since it’s required that you see every offer submitted. You will have three options: accept, reject or counter offer. 10. Close the deal—You were successful and have drafted a legally binding agreement. Contact your lawyer or notary public, your lending institution and consult your REALTOR®. Immediately start satisfying any conditions of the agreement that require action on your part. On closing day, your lawyer or notary public will finalize all the details and give you a cheque for the net proceeds.
SELLING WITHOUT A REALTOR® Whether you are capable of handling the sale of your home will depend on how you answer these questions: 1. Are you familiar with the changing real estate market to accurately evaluate your home? 2. Are you familiar with real estate law and regulations that affect property ownership? 3. Do you have good selling skills? Do you know how to market your property to get the best results? 4. Are you a good negotiator? Can you hold your ground when facing an aggressive buyer? 5. Do you have the time to show your home? 6. Can you qualify a buyer’s financial capability? 7. Will you save money trying to sell your home yourself?
Service you deserve ... People you trust. Rolf & Lennie Gullmes Website: RolfTheRealtor.com Rolf 604-202-7653 Lennie 604-619-0697
28 – Real Estate Resource Guide 2011–2012
11933 224th St., Maple Ridge 604-467-5000
Whether you oror anan experienced buyer with excellent Whether you are are first-time a ﬁrst timebuyer buyer existing home owner, Dominioncredit, Lending Dominion Lending Centres has access to the very best products and rates available Centres Mountain View has access to the very best products and rates available across Canada. usus a call... weWe think you'll be pleasantly surprised! across Canada.Give Give a call... think you’ll be pleasantly surprised.
Ridge / Meadows Tri cities·Langley·Surrey Tel: 604-465-0707 Fax: 604-465-7034 Email: firstname.lastname@example.org Web: www.dominionmountainview.ca Dominion Lending Centres Mountain View | Independently Owned & Operated
Real Estate Resource Guide 2011–2012 – 29
Boost Your Home Value and Sell Faster Exterior Fixes Exterior trouble areas include peeling paint; rotting wood on window frames; buckled roof shingles; overgrown shrubs; ignored lawns; and weeds growing through interlock paths, steps and the driveway. When it comes to first impressions just a few little tips and tricks can make a big difference quickly and pay dividends. Work on the yard. An appealing lawn is still a great way to catch a prospective buyer’s eye. When a home boasts a lush lawn and well-manicured trees, it’s hard to ignore that For Sale sign out front. Add colour by planting some annuals in the front yard flowerbeds. Tackle pesky weeds on paths and driveway. Replace
or paint rusty fi xtures like the mailbox, railings, house number, and more. Paint the trim &/or exterior. Scrape and spot-paint problem areas. This might be a temporary fix, but even a touch up is better than peeling paint. A fresh coat of paint or new siding is always attractive to prospective buyers. If your home hasn’t had a new coat of paint in awhile that might make buyers feel the home is musty or old. Clean up around the outside. Clutter around the house will almost certainly repel buyers. Throw away any unnecessary things lying around or consider temporarily renting a storage unit.
Patio Covers & Decks
Interior Fixes Homeowners thinking about selling have to do whatever they can to set their homes apart from the others available. Real estate experts call it “staging,” or presenting the home in the best light so that potential buyers can envision themselves moving right in. Just a few changes here and there can position a home to sell faster than the competition. Check the smell. A house can be perfect inside and out, but if it smells bad, buyers will likely be put off. Make sure there is no noticeable odor, such as pet smells, garbage, stale smoke, etc., to turn off others. Continued on page 32
g n i c Fen
• Glass and aluminum patio covers • Deck construction and repair • Aluminum and glass railings • Fabric Retractable awnings • Stair replacement Your local Ridge Meadows family run business building our reputation on customer satisfaction and good value for over 15 years.
It’s called “curb appeal,” that good impression people get of your home when they pull up in a car, or when walking by. The can be as impressed with exterior curb appeal as they are with a wellmaintained house on the inside. When it comes to residential property value, this book is indeed judged by its cover.
Large variety of wire mesh fencing and wooden posts. We also carry electric fencing. Whether you have large or small property, we can help you fence it.
Celebrating 80 years of serving the community
OTTER CO-OP AT PITT MEADOWS 604.467.4417 www.primelineawnings.com email@example.com
30 – Real Estate Resource Guide 2011–2012
12343 Harris Road, Pitt Meadows 604-465-5651 • 604-465-8755 www.ottercoop.com Mon–Fri 9–5:30 • Sat 9–5 • Sun 10–4
WHY CARPET ONE FLOOR & HOME? With over a thousand stores worldwide, we have enormous buying power, and we have partners in all of the major brands, mills, and manufacturers. We’ve done the research for you. Just tell us your needs, and we’ll satisfy them beyond your expectations. We offer the largest selection of carpet, hardwood, laminate, ceramic tile, vinyl, area rugs and more - and you’ll always ﬁnd the best products and great savings... everyday.
WE’RE YOUR PERSONAL ASSISTANT WHEN IT COMES TO FLOORING. Expertise is what we offer you on so many levels. Our sales professionals are trained to ask the right questions, guide you through our easy-to-understand selection systems, and work with you to create exciting solutions.
WE ARE YOU AND A PART OF YOUR COMMUNITY. Maple Ridge Carpet One® Floor & Home ﬂooring store is locally owned & operated for over 25 years. We are your neighbors. We work and live in your community and understand your needs. So you can expect integrity, the very best personal service, value, and warranties. We promise you’ll love the way your new ﬂoor looks, or we’ll replace it - FREE!† FREE Pre-Measures And Estimates
MAPLE RIDGE 20758 Lougheed Hwy. Maple Ridge
*Not responsible for typographical errors. Prices can change without notice. Not all products available at all locations. Photos for demonstrative purposes only. Prices valid from October 1st to October 31st, 2011. *See actual warranties at store for details.
Real Estate Resource Guide 2011–2012 – 31
Boost Your Home Value and Sell Faster continued from page 30
Clear out. Make sure the interior looks as spacious as possible. This could mean taking out some furniture and temporarily putting it in storage. Be sure countertops in bathrooms and kitchens are free of clutter. And pack away knickknacks that can collect dust. Cater to the lazy person. Potential buyers generally want to move in and simply unpack. They don’t want to make major repairs. Therefore, homeowners should do whatever repairs are possible, within reason. If that means tearing down dated wallpaper or replacing carpeting, it could mean a faster sale. A clean carpet might make a world of difference to a home’s inhabitants, but a new carpet will be more appealing to prospective buyers. Choose a neutraltoned carpet that will boast a more universal appeal. Do a deep cleaning. Whether a cleaning service is hired or the homeowner does it himself, tackling necessary cleaning projects could make the
home shine. Now is the time to wash the windows, shampoo the carpets, regrout the bathrooms, and tackle all of those messes that could compromise a sale. Add a fresh coat of paint. If walls are bright colours or eclectic, it could pay to paint rooms in more neutral shades to appeal to the masses. Just be aware that some buyers are suspicious of paint, especially freshly painted ceilings. They may think a homeowner is trying to hide something, like water stains. Keep the home updated. While one doesn’t have to follow every trend, ensuring the home is ageless can make for a better sell. Some might feel outdated appliances indicate a homeowner who cared little about appearances and might begin to wonder if there are any additional areas that might have been neglected around the house. Up-to-date appliances in the kitchen and even new fi xtures in the bathroom are aesthetically appealing and tend to excite buyers. Homeowners who aren’t immediately putting their property up for sale can gradually upgrade their appliances to
Creating Clarity and Conﬁdence in all your Real Estate Endeavors Bob and Amanda were both raised in Maple Ridge and Pitt Meadows and have enjoyed what these communities have to offer for many years. As a father/daughter team with backgrounds in Marketing Management and Urban Land Economics specializing in Real Estate Marketing and Real Estate Appraisal. We bring a new energy to every detail and our knowledge and passion for the real estate industry will help make your home sale or purchase a smooth and exciting process that will stay with you for years to come.
lessen some of the financial toll such purchases take. Create “happy” spaces. Buyers don’t want to purchase a dark home that seems full of doom and gloom. Open the windows, turn on the lights, add lights to dark rooms and use light colours as room accents. Generally buyers want a bright and light home. Avoid provocation. One potential buyer could be an animal lover, another a political activist. No one can tell who will view the home. So don’t display personal items that might offend. Take down mounted deer heads and put away books that may seem off ensive. It can be a good idea to store religious items as well. Clean out closets and cabinets: Partially empty closets and cabinets give the suggestion that the home is large and has plenty of storage space — so much so that it doesn’t even all need to be used. Buyers who see jam-packed closets could wonder what’s up with storage. Selling a home in a tough market can be easier when homeowners take the steps needed to stage homes for a faster sale.
For Quality Landscape Services • Pruning • Lawn Services • General clean up - weed removal, raking, blowing • Flower bed maintenance - fertilizing, liming, amending soil, weeding
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Bob van , vandenBrink R.I.(BC) R
11933 224th St., Maple Ridge
32 – Real Estate Resource Guide 2011–2012
Sander Sand nder der vvan ann Os 23615 - 111A Ave., Maple Ridge 604-466-0480 Cell: 778-847-0441 email: firstname.lastname@example.org
Get the Best Price for your House With sellers hoping to get the most possible for a home and buyers interested in spending the least, it’s sometimes a battle of wills when it comes to hashing out a confirmed price in the world of real estate. Sellers who wonder whether they’ll struggle to get a good offer can hedge their bets in the right direction by employing a few strategies. • Use a REALTOR®: Some think they can sell their home just as well without an agent and save on commission. A REALTOR® is schooled in the process of negotiating the price of an offered home. Furthermore, REALTORS® know the average prices of similar homes and can help a seller price and market a property correctly. That may add up to a faster sale and a better offer. • Price it competitively: Some sellers think the higher they price their home the more money they’ll get for it. The fact is, the longer an overpriced home sits
on the market, the less appealing it will appear to buyers. • Give people what they want: Buyers often prefer updated kitchens and bathrooms. Most buyers out there are not looking for “handyman specials.” They want a relatively turn-key property. A kitchen or bathroom that is an eyesore can repel potential buyers. Home shoppers may be more inclined to go closer to asking price if some of the bigger-ticket items are already completed. • Don’t be an open book: If a buyer knows that time is of the essence or the home is “priced
to sell,” he or she may sense that desperation. Sellers shouldn’t let on too much about their reasons for selling or make it seem like they’ll be in dire straights if the home doesn’t sell quickly. • Don’t be afraid to counter-offer: A buyer who is excited to get an offer on a home in a slow market, but feels the offer is below value, should definitely counter-offer. While the buyer may not accept the counter, he or she may make another offer that is more to the seller’s liking.
add VALUE to your HOME
Kitchens are consistently one of the best investments you can make in your home
OFF *Not including labour
On O nA Any ny N New ew O Orders rders O On nC Cabinet abin Material Until December 20, 2011 Select your cabinet style, material & ﬁnish for kitchens, bathrooms or built-ins
FREE SINK OR FAUCET with any Granite or Quartz Countertop purchase over $3000
hee dH wy
Grand J & K Cabinetry Inc.
* One per customer * Expires December 20, 2011
20 3 S t
any purchase over $500
113 B Ave
Real Estate Resource Guide 2011–2012 – 33
Andy Wallace More than th han just a sign in the yard
What to Bring to your Appointment with your Lender Courtesy Envision Financial, Ridge Meadows Branch
The information below, can depend on the lender. To ensure you get the most out of this meeting, ask your lender in advance, what information they require so you come prepared. Andy Wallace has lived in the Maple Ridge area for 38 years. When you’re looking for someone who knows the community and will help you move quickly, easily, and comfortably, Andy will be your personal guide.
email@example.com www.missionridgehomes.com “More than just a sign in the yard”
550-20395 Lougheed Hwy, Maple Ridge
We offer full system inspection by a certiﬁed inspector. • Septic tanks pumped & cleaned • Septic ﬁelds/lines ﬂushed
• Parking lot/ driveway sump cleaning • Guaranteed service
Locally owned & operated family business for over 20 years.
One Call Does It All!! No Job Too Small! FREE ESTIMATES • FULLY INSURED 24 HOUR SERVICE • GROUP RATES AVAILABLE
Meadow Ridge Tank Cleaning (3444)
604-240-2900 OR 604-406-DIGG 34 – Real Estate Resource Guide 2011–2012
1. Identification 2. Personal information such as number of independents and marital status 3. Proof of Employment a. Salaried employees i. Most recent pay stub ii. Notice of assessment from Canada Revenue Agency (this is what you get when you fi le taxes). iii. Job letter from employer on company letterhead iv. Position and length of time with the organization b. Commission/business for self i. 3 years T1 general and NOA ii. 3 years financial statements (business for self) 4. Details of your assets a. Cars b. Other property 5. Information on loans and other liabilities a. Credit card balances and limits b. Child support or alimony amounts c. Car loans or leases d. Lines of credit e. Other loans 6. Purchase agreement (new purchases) 7. Investment statements 8. Existing mortgage statements 9. Most recent BC Assessment
Get Pre-approved Courtesy Real Estate Board of Greater Vancouver
Pre-approval of a mortgage is when your lender has reviewed all your financial information and has determined the maximum amount of money you can borrow. The advantages include that you: • Know how much you can borrow so you don’t waste time looking at properties you can’t afford. • Don’t have to worry about rising interest rates while shopping for a home, as usually the lender will guarantee the current interest rate for a period of time while you’re looking. • Save time when applying for a loan because you’ve already assembled your paperwork. Many banks and financial institutions are competing for your business so it makes sense to shop around for a mortgage. Some lenders will reduce their posted interest rate so don’t be shy about bargaining. Your ability to bargain for a low rate and a flexible mortgage will often depend on how much business you have with the institution. You can contact banks and credit unions directly, or work with a mortgage broker.
Purchasing or Selling a Home? Put our professional team to work for you! Services provided • Conveyancing (property sales/purchases) • Notarizations • Wills/Powers of Attorney • Mortgages (New/Reﬁnance) • Subdivisions • Easement • Rights of way, etc.
E N EWS 2 01
N OTA R
Notary Public 22369 Lougheed Highway, Maple Ridge BC V2X 2T3 Phone 463-7181 Fax 463-4770 www.donaldlockwood.com • firstname.lastname@example.org
Real Estate Resource Guide 2011–2012 – 35
CREDIT REPORT Courtesy Envision Financial, Ridge Meadows Branch
A credit report is a snapshot of your financial history at a specific point in time. It shows your previous and current debts and if you’ve had any problems in the past paying your debts. Every time you borrow money, make a payment on a loan or credit card, the lender reports the information about the transaction to two agencies—Trans Union and Equifax. Before you will be approved for a mortgage a lender will look at your report, so it’s important you know what’s on your credit report and deal with any problems well before you are ready to get a mortgage. A lender will also look at your credit score, a number that represents your financial health at a specific point in time and indicates the likelihood to pay off future debts. It is important to understand your credit report as it affects all aspects of your financial activities, including getting a mortgage. If you have not seen your credit report, you can get a copy. You can get it online or ask your financial institution or lender to help you get a copy and to review it with you.
YOUR REALTY MAN HOME SELLING TEAM Professional friendly service for all your Real Estate needs:
Maple Ridge & Pitt Meadows Lovely Homes, Quiet Streets, Great Neighborhoods
• Sales • Purchases • Mortgages • Reﬁnances • Title Transfers
(604) 467-6951 Fax: 604-467-1224 22334 McIntosh Avenue, Maple Ridge Website: www.mhblaw.ca 36 – Real Estate Resource Guide 2011–2012
RANDALL DIDIUK SRES ( Senior Real Estate Specialist) Realtor®
Call Direct 604-377-7765 email@example.com
B Br Broo ks ksid k s eR Realty y 1193 9 3 224th 4th St. St., S t., M Map Maple aple eR Ridge idg idge dge ge e
Ask for your No Obligation Computerized List of Homes available that meet your Desires … Obtain your Personal Market Snapshot of the Real Estate Activities “happening” in your Neighborhood !!!
Improving Your Credit Score
The Ron Antalek Team
Courtesy Envision Financial, Ridge Meadows Branch
If youâ€™re thinking of buying a home and youâ€™ve seen a copy of your credit report, consider your credit score. If you think itâ€™s not as high as it should be, firstly make sure the information is correct. If it is correct, review your report carefully to find out which factors are having a negative influence on your score, and work to improve them. Some tips to improve your credit score â€˘ Pay your bills on time. â€˘ Pay your bills in full by the due date. If this is not possible, pay at least the required minimum. â€˘ Pay your debts as quickly as possible â€˘ Stay within your credit card limit, if possible well below your limit â€˘ Reduce the number of credit applications you make. Your credit score may be impacted if too many lenders ask about your credit in a short period of time. â€˘ Develop a credit history. You may have a low score because you do not have a history of owing money and paying it back. Starting a credit history can be as easy as getting a low-limit credit card.
Take advantage of our combined 93 years of experience. We are committed to providing you with the highest quality service every step of the way
Johnny Pacheco, Ron Antalek, Rob Johnson, Nancy Newman (admin), Brianne Isherwood (admin), Cory Lunsted, Louise Antalekâ€
22308 Dewdney Trunk Road, Maple Ridge Independently owned & operated (*Based on total transactions Re/Max Western Canada Team 2010 â€ LICENSED ASSISTANT)
Open Versus Closed Mortgages Courtesy Envision Financial, Ridge Meadows Branch
A mortgage term is the length of time your mortgage agreement will be in effect. At the end of each term you will need to renew or renegotiate your mortgage unless you are able to pay it off in full. Lenders frequently offer both open and closed mortgages. Open Mortgages â€˘ You can make prepayments at any time, or even pay off the mortgage in its entirety without having to pay any penalty. â€˘ The interest rate on an open mortgage is usually higher, due to the flexibility of the term mortgage. Closed Mortgages â€˘ You cannot prepay, renegotiate or refinance during its term without paying a penalty. â€˘ If you want to change your mortgage agreement during the term, you will usually have to pay a penalty. â€˘ The interest rate on a closed mortgage is usually lower, given the reduced flexibility compared to an open mortgage.
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Real Estate Resource Guide 2011â€“2012 â€“ 37
Located on the Fraser River between Maple Ridge & Mission. Our access to dredging of the Fraser River allows us to offer unique products.
Sand Gravel Topsoil
• Premium River Sand • River Rock Call us about • Quarry Rock • Screened Sand (used in septic ﬁelds) • Clean Fill • Golf Sand • Agriculture Sand • Turf Blend • Garden Blend for Driveways Topsoils • Large Landscape Rock
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Contact us for a complete price and product list.
604-290-8683 or 604-462-8652 email: ATandH@riversand.ca Providing quality products and excellent service since 1987
Buying A Home?
Tony Bell FULL TIME PROFESSIONAL REALTOR “I will work for you every step of the way!”
Let me help you every step of the way. When purchasing a home, you are faced with a multitude of decisions! While at your side each step of the way, I will make the process of purchasing a home easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. I am always familiar with the current homes on the market, and I know neighborhood values well, so I can help you determine which properties are fairly-priced and in good condition before you start your search.
Selling A Home? My combination of skill, 20 years experience in the Ridge Meadows area, and technology ensures that I can sell your home for the highest possible price and in the shortest period of time. I have the tools to meet the demands of a highly competitive, modern market..
“Go on... give the Bell a ring” 38 – Real Estate Resource Guide 2011–2012
Variable Rate Versus Fixed Rate Mortgages Courtesy Envision Financial, Ridge Meadows Branch
Choosing a variable rate or a fixed rate mortgage most likely will depend on your financial situation and your tolerance for risk. Fixed Rate With a fi xed interest rate mortgage, the interest rate is determined when you apply for a mortgage and is set for the length of the mortgage term. Because the interest rate does not change, you know how much of your payment is going toward your principal and how much is going toward the interest owed. You also know in advance how much of your principal you will pay during the length of your mortgage term. Fixed rate mortgages often appeal to borrowers who want stability in their payments, manage a tight budget, or are generally more conservative. For example, young couples with large mortgages relative to their income may be better off opting for peace of mind that a fi xed rate brings. Variable Rate Variable rate mortgages may allow a borrower to take advantage of decreasing rates. The interest rate is calculated on an ongoing basis at a lenders’ prime rate minus, or plus, a set percentage. As the prime rate changes the interest rate on the mortgage changes. With a variable interest rate mortgage, the amount of the payment may be fi xed or variable. For budgeting purposes some may wish to set a fi xed payment amount each month. If rates change, the payment amount stays the same, however the amount paid toward the principal and the interest varies. It is important to discuss the pros and cons of both types with a lending professional to ensure borrowers make the right decision for their budget.
MORTGAGE PAYMENT TIPS Courtesy Real Estate Board of Greater Vancouver
Consider the following money-saving steps when calculating your mortgage payments: f By shortening your loan repayment or amortization period to 20 years from 25 years, you’ll pay your mortgage off five years sooner. You’ll pay higher monthly payments, but you’ll build equity faster and you’ll pay less in interest over the long term. f Apply for a prepayment option. If you receive one, you can directly pay down some of your principal before it’s due. Make sure to check for prepayment penalties. f By paying biweekly instead of monthly, you’ll make 26 payments in a year or 13 months instead of just 12 months and reduce your amortization to about 20 years from 25 years.
Insurance for your Home Courtesy Johnston Meier Insurance
For most homeowners, a home is the largest asset they own, so it makes sense to protect it from things like fire, theft and liability, to name a few. Make sure you take steps to insure your home effective on the earlier of either the completion date or the date that you pay the balance of the funds in trust. You may want to consider photographing and/or videotaping your home and its contents so you have a record for insurance purposes. If you’re unsure of what to record, your insurance provider can give you some direction. It’s recommended you keep these records in a safety deposit box. 1. Homeowners should get their home insurance from a licensed insurance broker. Insurance brokers have the expertise to assist clients in meeting their needs. 2. Some things to consider when getting home insurance: a. Value of the home - insurance brokers have tools that take the information about the home such as square footage, number of stories, bathrooms, type of flooring, fi replaces, etc. that help determine the replacement value of the home rebuilding cost, not the selling value or tax assessment value. b. All companies have Special Limit of Insurance for the following: Unscheduled jewellery, books, tools and instruments pertaining to a business on premises, money (cash) including cash cards, watercraft with motor and accessories, collections such as coin, stamps, bicycles, just to name a few. c. Understand any Exclusions under the policy, in other words, what is not covered. 3. The level of coverage that is appropriate is a Comprehensive Form. This is called All Risk Coverage. 4. There are ways to save money on house insurance: a. Have an alarm system installed b. Mature Citizens Discount (usually starts at age 50) c. Senior Citizens Discount d. Mortgage Free Discount e. New Home Discount (up to 10 years of age) f. Claims Free Discount. Don’t forget if the value of your property increases, your coverage should as well. If you’ve upgraded or added contents, appliances or done a renovation, review the changes with your insurance provider to make sure you are covered.
Stamped concrete • Concrete countertops Exposed aggregate • Basements, driveways & patios • Forming & grading Remove & replace existing driveways WE ARE WCB INSURED
32094 Holiday Ave., Mission
THE HOGARTH TEAM
PROPERTY MANAGEMENT COLDWELL BANKER TRI TEL PROPERTY MANAGEMENT DIVISION Over 14 years of Residential Rental Property Management Serving Maple Ridge and Pitt Meadows Certiﬁed Licensed Services provided are as follows: Tenant Selection Collecting monthly rents and security deposits Making payments to third parties Managing landlord and tenant matters Monthly accounting to landowners Required Maintenance on land and building For more information please call or email us at the numbers below We never stop moving:
604-467-9300 Cell 604-506-5840
Rental Property Management Real Estate Marketing Services Land Development Consulting firstname.lastname@example.org
We never stop moving:
22510 Dewdney Trk. Rd. Maple Ridge
Real Estate Resource Guide 2011–2012 – 39
Create a Designer Look for your New Home Interior designers have a knack for pulling together furniture and accessories to create rooms with widespread appeal.
The key to creating a beautiful room is planning. You’ve invested a great deal of money in your new home so it may be worth it to consider an interior design consultation. Or you can get help from numerous experts in the community that can provide advice based on your own
ideas, such as paint, flooring, window covering, furniture etc. Some things to help with the process: Measure the dimensions of the room and create a sketch of the area using graph paper or computer soft ware. Be sure to plot any windows or doors on
the drawing so that you will be aware of obstacles. Homeowners unsure of what they want should browse through magazines or pictures on the Web for inspiration. Search for key phrases that describe your design style, such as Tuscan, farmhouse,
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40 – Real Estate Resource Guide 2011–2012
GRANITE LAMINATE CAESAR STONE COUNTERTOP COUNTERTOP COUNTERTOP AS LOW AS
Minimum purchase required
Installation not included
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Minimum purchase required
www.nuconceptkitchen.com COQUITLAM #2–2773 Barnet Highway 604.464.4488 PITT MEADOWS 18601 Lougheed Highway 604.465.4585 PORT COQUITLAM #129–1585 Broadway Street 604.944.7677
country, colonial, etc. Then read up on the components of these styles that define it. This will help you select items that fit with the style. Once a particular style has been chosen, create a design board just like the professionals. Cut out swatches of fabric, select paint swatches, find magazine pictures that fit with your goal and arrange them on a piece of poster board. See how the items work together. If you are unsure of colours, see which shades were used in the inspiring picture and determine if it will coordinate with your home. When designing, identify or create a focal point in the room and build off of that. This may be a large window, fireplace, or even the entertainment center if it’s a family room. Place furniture around the focal point and then move outward. It’s also important to keep scale in mind. Large walls or tall ceilings will create plenty of wall space. A small print or wall hanging will be lost in such an area. Be sure to choose furnishings and accessories that fit with the scale of the room. In other words, a huge sectional may overpower a small living room. If you’re
investing in new furniture take the map of your room with you and review it with the expert at the store. When choosing colours, make sure they are cohesive. Research the colour wheel that artists use to help with designing the room. Some colours are complementary or opposites and still work together. Homeowners nervous about colour should choose a colour from fabric or furniture and use a few different shades of the same colour in the room. Select an accent colour that can be used on trim or as a spot of colour on a pillow or accessory. Again, don’t be afraid to consult an expert at the paint store. When plotting wall hangings or other decor, odd numbers often look more pleasing to the eye. Experiment with different sizes of framed artwork or different shaped accessories for visual appeal. For example, a few rectangular shaped items with a circular clock and a conical flower vase can mix it up in the room. This is where looking at magazine layouts can be extremely helpful. Many stores sell items that mimic the look of higher-priced items. When
copying a designer room, select pieces that are similar, but not necessarily the same brands. Consider shopping at second-hand stores or antique shops for discounted pieces. With a little new fabric or stain, many items can look like new again. When designing, it never hurts to think outside of the box. Items that were intended for outside may work well inside as well. Hanging lanterns or plant stands could be put to use in a rustic room. Save some money by making some items yourself. For instance, if you cannot find a particular throw pillow or drapery that fits with your style, go to a fabric store and purchase fabric to make your own. Decorating doesn’t have to cost a fortune or look like you pieced odd items together. By following the guidelines of a designer room and selecting lower-priced items that mimic the shape and scale of similar accessories, it’s possible for any homeowner to create a room for less.
Welcome to the Neighbourhood We’ve been making customers happy for over 40 years Vacuums
HD Cable & Satellite Boxes Sewing Machines & Sergers
We’re your complete Home Entertainment & Household Appliance Store Serving Maple Ridge & Pitt Meadows W
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22381 Dewdney Trunk Road, Maple Ridge • Mon - Sat 9 am - 5:30 pm, • Sundays 11am - 5pm
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Real Estate Resource Guide 2011–2012 – 41
Buying, selling or staying: Getting the best value from your renovation Courtesy Ecowest Renovations
If you’re considering renovating, it can be tempting to choose to invest in the “pretty” upgrades, but when it comes time to sell your home, you may realize that those kinds of renovations aren’t the only ones that pay off. Updating your kitchen or bat h room c a n i ncrea se resale value, but investing in the systems that make your home comfortable and energy efficient will also have an excellent pay off in the long term through energy savings, and in the short term through the thousands of tax-free dollars available through current government grant programs. W i n d ow s a n d d o o r s , insulation and heating and cooling systems are the three most important products your home needs to ensure the greatest comfort and
energy savings, especially w it h today’s i ncreasi ng energy costs. They ensure the greatest savings while you own your home, and are a great selling feature for future buyers looking to invest for the long-term. Replacing your old aluminum-frame windows with vinyl windows will keep you cooler in the summer and warmer in the winter, and save money on your energy bi l l. High-qua lit y v inyl windows feature energy- and sound-abatement chambers, which reduce temperature and sound transfer between
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www.communitylendingcentre.com 42 – Real Estate Resource Guide 2011–2012
At Benjamin Moore®, we treat you to a more personal experience. So come ﬁnd inspiration
Bare Interiors Inc. 22602 Lougheed Hwy. Maple Ridge
Store Hours: Monday - Friday 8 am - 6 pm Saturday 9 am - 5 pm Sunday and Most Holidays 10 am - 5 pm
the inside and outside of your home. Having the ventilation system evaluated and upgraded if necessary can also help ensure that there are no problems with moisture or condensation, which promote mold and mildew in the home. Attic and basement insulation is another underrated champion of home energyefficiency. Years ago when gas and electricity costs were substantially lower, the solution to a cold home was to simply turn the heat up. Unfortunately, the cost of “turning the heat up” has become a major expense for many homeowners today. In many cases, the solution is to simply upgrade your home’s basement and attic insulation. Insulation remains one of the best investments a homeowner can make and
can help save as much as 30% on energy bills. And don’t forget your heating and cooling systems! A high-efficiency furnace or heat pump can save hundreds or even thousands of dollars a year in utility costs and create a much more comfortable home, no matter what the temperature is outside. Most high efficiency furnaces are smaller and quieter than the units they replace, and a heat pump can provide efficient heat in the winter as well as cooling in the summer instead of a traditional air conditioner. Whether you are buying, selling, or staying, your home is your biggest investment— so renovate wisely. There’s no better payoff than a comfortable, cost-effective and energy-efficient home; one that buyers will see as a great long-term investment.
,QWURGXFLQJ6LOYHU:RRGV NEW 20 Lot Sub-Division in Beautiful Silver Valley 4 Bedroom Single Family Homes starting at $
NEW 4 bdrm, 3 bthrm home in Beautiful Silver Valley Silver Woods is a 20 Lot Sub-Division nestled between 232 Street and Silver Valley Road. These 4 bedroom Single Family Homes will be immaculately ﬁnished with custom kitchens, granite countertops, vaulted ceilings, and much more. All Silver Woods homes are backed with a 10 year national new home warranty.
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NEW Online payment Options
ON-SITE Resident Caretaker Real Estate Resource Guide 2011–2012 – 43
ARCHGARD F I R E P L A C E
P R O D U C T S
SAVE $200 ON ARCHGUARD INSERTS Buy a direct vent insert and receive the surround
FREE Also applies to wood inserts
Dream Home Features
Optional Gold Arch Overlay with SKCAB surround
Optional Nickel Square Overlay with SKBAB surround
LLEY VA1986 BIGSince
HEATING & SHEET METAL LTD. 11868 216th Street, Maple Ridge
Your source for local real estate. Every Friday, the Maple Ridge News offers an in-depth real estate section for Maple Ridge & Pitt Meadows. Up to date information for buyers & sellers.
If you were given a chance to design a dream home, what features would you choose first? Take a look at the most popular wish list in 2011: 1. Curb appeal. Home exterior, driveway, and landscaping must attract admiring attention. 2. Maximum energy efficient throughout, from top to bottom. 3. A large, designer kitchen with natural stone countertops and futuristic appliances, cabinetry and waterworks. 4. Natural hardwood flooring like Brazilian cherry and sustainable bamboo. 5. A sunroom, a front porch, and a backyard finished patio. 6. Vessel sinks, or freestanding bowls above the bathroom countertop, accompanied by wall-mounted faucets. 7. Bedroom walk out or balcony. 8. Designer bathtubs and walk-in shower with tile, a seating bench and rainfall showerhead.
UGRIDGE REAL ESTATE GROUP
Your Local Real Estate Specialist! To View all my properties and get FREE Valuable information please visit
Coldwell Banker Tri-Tel Realty 22519 Dewdney Trunk Rd., Maple Ridge, BC, V2X 7X7
604-612-7819 We never stop moving.®
44 – Real Estate Resource Guide 2011–2012
Glossary of Terms Debt Service Ratio—The percentage of a borrower’s gross income that can be used for housing costs, including mortgage payment and taxes.
Amortization—The number of years it takes to repay the entire amount of a mortgage.
Closing Costs—Expenses in addition to the purchase price for buying and selling a property.
Appraisal—An estimate of a property’s market value, used by lenders in determining the amount of the mortgage.
Closing Date—The date on which the title and keys to the property are transferred from the seller to the buyer, and the money is paid.
Appreciation—The increase of a property’s value over time.
Conventional Mortgage—A mortgage loan that does not exceed 80% of the lending value of the property.
Assessment—The value of a property, set by the local municipality, for the purposes of calculating property tax. Assumable Mortgage—A mortgage held on a property by the seller that can be taken over by the buyer, who then accepts responsibility for making the mortgage payments. Closed Mortgage—A mortgage that cannot be prepaid, renegotiated or refinanced during its term.
Counteroffer—One party’s written response to the other party’s offer during the negotiation of a real estate purchase between buyer and seller. Credit Report—A snapshot of your credit history and one of the main tools lenders use to decide whether or not to give you credit.
Deposit—A payment made when you make an Offer to Purchase to show that you are a serious buyer. The deposit will form part of your down payment. Down Payment—The part of the purchase price of a property that the buyer pays in cash and does not finance with a mortgage. Equity—The difference between the price for which a property can be sold and the mortgage on the property. Fixed Rate Mortgage—A mortgage for which the interest rate does not change for the length of the mortgage term.
Credit Score—A numeric rating that is a reflection of your financial health at a specific point in time indicating the risk you represent to lenders.
Expert mortgage advice anywhere, anytime.
Inspired design is timeless
When you are • Purchasing real estate • Renewing your mortgage • Needing equity
Nathan Isherwood 604-250-8375 email@example.com na Mortgage advice you can’t afford to miss out on.
Nikula Designs offers: • Colour consultations • Home renovations • Project management • 3 levels of service based on how involved a client wants to be
Visit our website to see how we can help you.
Nikula Designs PHONE: 604-463-2052 • nikuladesigns.com • EMAIL: firstname.lastname@example.org
Real Estate Resource Guide 2011–2012 – 45
Glossary of Terms Foreclosure—A legal process by which the lender takes possession and ownership of a property when the borrower doesn’t meet the mortgage obligations. Gross Debt Service Ratio—A general rule is that your housing costs (mortgage payments, taxes, heating) should not be more than 32% of your gross monthly income. High Ratio Mortgage—A mortgage that exceeds 80% of the loan-tovalue ratio; must be insured by either the Canada Mortgage and Housing Corporation or a private insurer to protect the lender against default by the borrower who has less equity invested in the property. Interest Rate—The return the lender receives for advancing the mortgage funds required by the borrower to purchase a property. Interest—The cost of borrowing money.
Listing Broker—The REALTOR® who signs a contract with an owner to sell the property. Mortgage Broker—A person or company having contacts with financial institutions or individuals wishing to invest in mortgages. Mortgage Default Insurance— Government-backed or privatelybacked insurance protecting the lender against the borrower’s default on their mortgage. Mortgage Payment—The regular installments made towards paying back the principal and interest on a mortgage. Mortgage Term—The length of time a lender will loan mortgage funds to a borrower. Most run from six months to five years, after which the borrower can repay the balance of the mortgage or renegotiate the mortgage for another term.
Joint Tenancy—A form of ownership in which two or more individuals (often spouses) have an equal share in the ownership of a property.
Mortgage—A contract between a borrower and a lender. The borrower pledges a property as security to guarantee repayment of the mortgage debt.
Lien—Any legal claim against a property, fi led to ensure payment of a debt.
Open Mortgage—A mortgage that can be prepaid or renegotiated at any time and in any amount without penalty.
Listing Agreement—The contract between the listing broker and an owner, authorizing the REALTOR® to facilitate the sale or lease of a property.
Pre-approved Mortgage—Tentatively approved by a financial institution for a specified amount, interest rate and monthly payment.
Helping you decide on the mortgage plan that ﬁts you best.
Vancity Mortgage Specialist
604.787.2237 Carmela_busto@vancity.com 46 – Real Estate Resource Guide 2011–2012
Term—The period of time your mortgage agreement will be in effect. At the end of the term, you either pay off the mortgage in full, renew it or renegotiate it. Title Insurance—A lender, lawyer or notary may suggest you get insurance covering the loss caused by defects of title to the property. Title Search—A detailed examination of the ownership documents to ensure there are no liens or other encumbrances on the property and no questions regarding the seller’s ownership claim. Title—Legal evidence of ownership of a property. Total Debt Service Ratio—The maximum percentage of a borrower’s income that a lender will consider for all debt repayment including a mortgage. Variable Rate Mortgage—A mortgage for which payments are fi xed, but whose interest rate changes in relationship to fluctuating market interest rates. If rates go up, a larger portion of the payment goes to interest. If rates go down, a larger portion of the payment is applied to the principal.
Satisfaction Guaranteed When you make the important decision to buy or sell a home, I’m committed to going the extra mile to ensure that all of your needs are successfully met in a professional and honest manner. For Service and Commitment, let me help guide you with your next purchase or sale.
• Purchasing, Renovating or Interested in Transferring your Mortgage • Compare your current Mortgage Rate. You might be surprised how much you save. • Take advantage of today’s record low rates.
Principal—The mortgage amount initially borrowed, or the portion still owing on the mortgage. Interest is calculated on the principal amount.
Email or call: Ofﬁce: 6 0 4 . 4 6 7. 3 8 7 1 Direct: 7 7 8 . 2 3 5 . 0 5 4 9 Email: p a m e l a @ p a m e l a d a n z . c o m
Real Estate Resource Guide 2011–2012 – 47
Helping you find the BEST HOME in MAPLE RIDGE and the LOWER MAINLAND
Living in Maple Ridge for the past 25 years, coaching, playing sports and working in the area means I understand the community and all that it has to offer. Clients’ referrals are the best measure of success.
Testimonials “Jeremy has exceeded my expectations for a realtor. His knowledge of the market and his strong work ethic took the worry out of buying and selling my home. I would highly recommend him to anyone I know looking to buy or sell a home!” Shawn T.
“Jeremy was excellent. He demonstrated a real knowledge of the industry. He was simply great! As this was my first time purchasing a property, he offered advice and wisdom that made the whole process easier and more enjoyable. I would without hesitation recommend him to my family and friends.” Christian K.
“Jeremy had great marketing ideas that helped sell our townhouse faster than any other one in the complex. He was extremely friendly and hard working. He gave us really good advice which helped us in making our decision on which house to move to. We couldn’t be happier. We have already and will continue to refer him to everyone we know.” Chris P & Tina M.
Jeremy McCarthy 778-846-3200 email@example.com
Brookside Realty 11933 224th St., Maple Ridge
September 25, 2011 edition of the Maple Ridge News