The first and only complete guide to pre-construction homes and condos
PROTECT YOURSELF FROM MORTGAGE AND TITLE FRAUD
DEMYSTIFYING STRATA AND NON-STRATA HOMES
Introducing The North, a limited releas e of 67 exclusive residences defined by bold architecture, spacious interior s and the convenience of central Port Haney living. Life at The North means mountain views, river walks, retail amenities and transit access, all steps from home.
Priced for first-time buyers, the North combines thoughtful, pragmatic design w ith residence s on the cusp of nature.
The North. Delivering Life in Balance to Maple Ridge.
MEDIA CONSULTANTS
Dave Bird
604.319.7102
dave.bird@nexthome.ca
Ricardo Hernandez
604.319.7103
ricardo.hernandez@nexthome.ca
EDITORIAL DIRECTOR
Amanda Pereira
EDITOR
Marlene Eisner
CONTRIBUTING EDITOR
Sara Duck
CONTRIBUTING WRITERS
Susan M Boyce, Michelle Hopkins
EXECUTIVE MEDIA CONSULTANT
Jacky Hill
SALES & MARKETING COORDINATOR Gary Chilvers
DISTRIBUTION distributionteam@nexthome.ca
ACCOUNTING INQUIRIES
accountingteam@nexthome.ca
DIRECTOR OF PRINT MEDIA Lauren Reid–Sachs
GRAPHIC DESIGNER & ASSISTANT MANAGER
Alicesa Pullan
GRAPHIC DESIGNER & PRE-PRESS COORDINATOR
Hannah Yarkony
GRAPHIC DESIGNERS
Yvonne Poon, Mike Terentiev
Published by nexthome.ca
Advertising Call 1.866.532.2588 ext. 1 for rates and information. Fax: 1.888.861.5038
Circulation Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1.866.532.2588 to discuss distribution opportunities.
Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted.
Copyright 2024 All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited.
Editorial Submissions from interested parties will be considered. Please submit to the editor by email to editorial@nexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.
Terms and Indemnification Advertisers and contributors: NextHome is not responsible for typographical errors, mistakes, or misprints. By approving your content and/or submitting content for circulation, advertisers and contributors agree to indemnify and hold harmless NextHome and its parent company from any claims, liabilities, losses, and expenses (including legal fees) arising out of or in connection with the content provided, including but not limited to any claims of copyright infringement, unauthorized reproduction, or inaccuracies in the content. Advertisers acknowledge that they have the necessary rights, permissions, and licenses to provide the content for circulation, and they bear full responsibility for the content’s accuracy, legality, and compliance with applicable laws upon approval. Contributors acknowledge NextHome reserves the right to omit and modify their submissions at the publisher’s discretion.
CELEBRATE SPRING
IN YOUR NEW HOME
MARLENE EISNER
EDITOR
New Home + Condo Guide
EMAIL: marlene.eisner@nexthome.ca
æ Sign up to receive digital editions and newsletters to your inbox!
Despite some snow at the beginning of March, spring has definitely arrived in Metro Vancouver. Although we will still experience the many moods of Mother Nature, there’s no doubt that there is something truly special about this season of rebirth and rejuvenation. From cherry blossom-lined streets to the scent of seawater and beautiful mountain and ocean vistas, spring is arguably the best time of the year to be outside – and looking for your new home. The longer days are perfect for walking or driving through the neighbourhoods you want to live in to discover new-home developments and projects.
If you’ve just joined the home-hunting game, or have been on the journey for a while, you may have heard some real estate jargon bandied about that you don’t understand. This is normal, since every industry creates its own ‘language’ to address its unique elements and processes. Two words that immediately come to mind that are of interest to all potential homeowners are strata and non-strata. In this issue, industry expert Brittany Reimer explains the difference between these two types of ownership. Turn to page 16 and find out what kind of property works better for your lifestyle and budget.
When you’ve finally found your dream home, you’ll want to protect yourself from two of the most prevalent real estate scams that are on the rise in Canada – mortgage and title fraud. Turn to page 24 and read what mortgage expert, Alisa Aragon-Lloyd has to say about protecting your largest investment.
TWITTER: @MarleneEisner + Neighbourhood profile
As always, this issue is filled with other interesting and informative articles to help you on your home-hunting journey, including new releases and a neighbourhood profile.
Let us know what you think. We’d love to hear from you.
Township of Langley, City of Langley Page 12 + get social Interact with us on social media: nexthome
COURT IS IN SESSION
THE BALLIN’ OUT FOR CHARITY EVENT IS BACK
Get ready to lace up your sneakers and hit the court or cheer from the stands for a cause, because Ballin’ Out for Charity is back and better than ever. Organized by Blackline and RAD Marketing, this annual basketball tournament isn’t just about the game – it’s about making a difference. At the heart of Ballin’ Out for Charity is a shared commitment to fostering positive change within our community and this year all funds raised from the event will be donated to MLSE Foundation, a charity committed to making an impact with youth and communities faced with systematic barriers across Ontario.
GET IN THE GAME – THE EVENT
The highly anticipated second annual basketball tournament will be taking place on April 27, 2024, with a full day of 24 teams going head-to-head in exhilarating three-on-three games for a great cause and bragging rights. The fun doesn’t end on the court though. With yummy eats, engaging activations, raffles and more – there’s something for everyone to enjoy at Ballin’ Out for Charity.
MORE THAN JUST BASKETBALL – THE CAUSE
By participating in Ballin’ Out for Charity, you’re not just shooting hoops – you’re making a tangible difference in the lives of those in need. Your generosity will help support MLSE Foundation, an established charity built on the belief that sport has the power to change the world. The foundation has spent the last decade intentionally investing more than $67 million in youth and
communities faced with systemic barriers across Ontario. Its current campaign to “Change the Game” will further help their mission to provide equitable access to sport and opportunity on the playing field that leads to success and opportunity off the playing field.
ARE YOU READY TO BALL OUT?
The event is a great way for the real estate industry to contribute to a worthy cause, and there are a few ways you can participate. You can gather your colleagues and friends, donate to enter as a team, and get ready to showcase your skills on the court. Hung up your Jordans? No problem. You can make a donation of $50 to the charity, which brings you in as a fan anytime throughout the day. Food and activities, including raffles, caricature drawings and a live DJ, will be available for adults and kids alike.
By joining forces with like-minded industry professionals, organizers aim to not only raise funds but also promote the values of teamwork, sportsmanship and philanthropy. It’s not just about the competition; it’s about coming together for a common goal.
For more information on the event, including how to sign up and/or donate, visit ballinoutforcharity.com.
Tim Ng is the Principal and Founder of ADHOC STUDIO and BLACKLINE, an industry-leading digital studio that combines real estate, art and technology. To learn more about ADHOC’s awardwinning renderings and industry leading sales platform, BLACKLINE, visit adhocstudio.ca and blacklineapp.com.
+MORE CONTENT ONLINE nexthome.ca
+ nexthome.ca
TIM NG
HOT PROPERTIES SURREY – LANGLEY – ABBOTSFORD – MISSION
SURREY
1. PIANO 105A & City Parkway concordpiano.ca
2. PARK GEORGE 9908 King George Blvd 604-583-9866 parkgeorge.com
3. DISTRICT NW University Drive & 105 Avenue thind.ca
4. CENTURY CITY HOLLAND PARK 13583 98 Avenue centurycitysurrey.com
5. PURA 105 Ave & 132 St mypuracondo.com
6. AMAYA LIVING 106 Ave & 140 St amayaliving.ca
7. SEQUOIA 133 Street & 104 Avenue sequoiawestvillage.ca
8. THE BEVERLY 17538 100 Avenue 778-400-4773 escapetothebeverly.com
19. THE RAIL DISTRICT 2774 Montrose Avenue 604-850-0040 raildistrict.ca
VIVERE
LIVE AUTHENTICALLY
Coming soon, the first residential highrise in North Guildford by Solterra Development, is poised to introduce the serene and profound Italian way of living to this popular Surrey neighbourhood.
Say hello to Vivere, 175 inspired homes featuring an eye-catching architecture that’s contemporary yet timeless. Brought to you by Solterra Development, winner of more than 70 development and builder awards, Vivere is unique in the area — a 100 per cent residential building designed by Rafii Architects Inc.
LOCATION IS EVERYTHING
Ideally located at the intersection of Guildford Road and 152 Street, this 20-storey building will be an iconic addition to the Surrey skyline, one that will provide homeowners with unobstructed views in all directions. In fact, one of your toughest decisions may be which one you’d like to wake up to.
North Guildford is a wellestablished, predominantly townhome and single-family home neighbourhood filled with quiet, tree-lined streets. It’s all about celebrating life and putting down roots.
Best of all, as tranquil and secluded as this neighbourhood feels, every urban convenience is just minutes from your front door. The shopping mecca of Guildford Town Centre is a short drive away, you can be on Highway 1 in under five minutes, and there’s an abundance of schools, parks and recreation nearby. You could say Vivere is the best of all worlds.
QUALITY LIVING
Always the heart of a home, Vivere kitchens are designed to inspire culinary adventures. Italian cabinetry in vertical wood grain laminate or matte acrylic finish, quartz backsplash and matching countertop, under-
cabinet lighting, as well as a full Bertazzoni Professional appliance package — including a 30-inch fiveburner gas cooktop with concealed hood fan and convenient convection wall oven plus integrated microwave drawer — are sure to satisfy the demands of the most ardent foodie.
Custom designed and Italianimported cabinetry throughout is meticulously designed to accentuate each home’s functionality and beauty. Also, handcrafted by CRISTINA Rubinetterie in Northern Italy, Vivere residences will include these exclusive fixtures so you know your home is unlike any other.
AMENITIES FOR YOUR LIFESTYLE
Vivere’s amenities, all 26 of them, are meticulously curated to enhance the sophisticated lifestyle today’s savvy buyers crave.
A concierge will welcome guests and effortlessly take care of day-today details, so you can relax from the
minute you arrive. There’s a parcel room for deliveries plus cold storage for those days when you simply don’t feel like heading out for groceries. Ready to get social? No problem. Gather with friends at the indoor party room and lounge, enjoy an al fresco barbecue experience with friends, or sit round the firepit to share a ghost story or tall tale of adventure. There’s also a games room with pool table, putting greens, indoor and outdoor
children’s play areas, bike repair station, community gardens, and an off-leash dog area for your furry family members.
Naturally, there’s a state-of-theart gym with cardio machines, free weights, plus yoga and stretch studio. But you’ll also have access to the therapeutic benefits of a cold plunge, a steam room, and an infrared sauna. Getting fit and healthy never looked so easy.
Vivere offers homes ranging from one- to three-bedroom condominiums—including Solterra’s signature Private Collection residences of subpenthouses and penthouses. The presentation centre and display suites open soon. Be sure to register at viverebysolterra.ca to be among the first to book your private appointment and discover more.
LOCATION
North Guildford, Surrey
BUILDER
Solterra
HOME TYPE
Highrise
SALES CENTRE
Coming soon
CONTACT
viverebysolterra.ca
TOWNSHIP OF LANGLEY/ CITY OF LANGLEY
Langley is divided into two districts – Langley City and the Township of Langley, which features the idyllic village of Fort Langley. The Township is encircled on the north by the Fraser River and to its south, the United States border. Meanwhile, Langley City is directly east of Surrey and surrounded by the Township.
LIFESTYLE
Nestled amid lush parks, coffee shops, boutiques and tree-lined streets, Fort Langley just about oozes with quaintness overload – we say this in a very positive way.
by MICHELLE HOPKINS
VIBE
Both districts seem to enjoy a slower pace of life. It’s no wonder the vibe here is chilled, yet active, with many residents enjoying a cycle, walk or hike.
MEET THE NEIGHBOURS
Many young families are drawn to the township because of its affordability. In fact, of the township’s 121,000 residents, 62 per cent are aged 55 or younger, and of those, 51 per cent have some form of higher education. With a growth rate of 12.6 per cent over the last census period (2011-2016), the
population is expected to double by 2040 – making it the sixth largest municipality in Metro Vancouver. The city is predominantly a familyoriented community, with 81 per cent comprised of young families. Also, more affordable than other Greater Vancouver neighbourhoods, Langley City has one of the highest proportions of young urban singles.
IN THE AREA
If you like to play the slots, tables, poker or bingo, you’ll be happy to know Langley City is home to the Cascades Casino Resort. It also features a hotel, spa, a few
Fort Langley National Historic Site
restaurants, and a convention centre.
For those with a penchant for studies, Kwantlen Polytechnic University has a campus here.
Built in 1827, Fort Langley developed around the site of a Hudson’s Bay Company fur-trading post. The post purchased or traded furs from the local Aboriginal population (including the Kwantlen people) and serviced the British Empire via the Fraser.
Today, people can discover its rich past at the Fort Langley National Historic Site, which boasts a CN train station and a former Fort trading post.
PLANES, TRAINS & AUTOMOBILES
Langley is car-dependent. It is easy to get in and out of both the city and township via Highway 1 or for a more scenic route, take 0 Avenue. Commuting to Vancouver by transit
will take you an hour on most days. However, the township is only 20 minutes to the Abbotsford Airport.
REAL ESTATE: (NEW BUILDS)
Both the city and township are booming.
In 2018, Langley City more than doubled its average annual construction value, up to $113 million from a 10-year average annual construction value of $48.6 million.
The Township’s largest project in its history is the master-planned, European-inspired 74-acre community of Latimer Heights, which will include a mix of 2,000 homes, 17 acres of greenspace and a new elementary school. Vesta Properties is a major player here with Latimer Village. The amenity-rich neighbourhood has everything you need within walking distance.
HOT SPOTS
SABA CAFÉ & BISTRO
This casual chic eatery is arguably one of Fort Langley’s best hangouts. For good reason. It began its life as a bakery and morphed into where locals head to break bread together –whether brunch, lunch or dinner.
CHABERTON ESTATE WINERY
The largest and oldest winery in the Fraser Valley, Chaberton is nestled amongst 40+ acres of planted vines. It is also home to Bacchus Bistro, a romantic classic French restaurant serving fabulous farm-to-table cuisine. Or bring your own fare, grab a picnic table and raise a glass from any of its 25 awardwinning wines.
LITTLE WHITE HOUSE & CO
Built in 1930, the Little White House is truly a triple threat – it offers a great curated selection of antiques, stunning women’s fashions, and a Parisian-inspired café, a popular spot for bridal shower lunches and tea parties, all combined in a quaint, charming historic house.
South Village in Latimer Heights
Fort Langley Street
King George Blvd.,
AZURE GROVE
THE INTERSECTION OF URBAN AND NATURE
Something fresh, dramatic and sophisticated is coming to Langley’s Carvolth neighbourhood. Introducing Azure Grove, a collection of 273 condominium residences destined to become an architectural icon, a sixstorey lowrise unlike any other.
Here, workdays blend with forest trails and evenings are marked by artisan brews and shared stories. Life at Azure Grove is an adventure waiting to be experienced. Best of all, with prices starting at just $299,000, owning your own home has never been easier.
‘OH WOW’ AMENITIES
Boasting more than 9,000 sq. ft. of amenities, Azure Grove has everything you need for savouring life. There’s not just one, but three rooftop decks, each with a distinctive vibe. Hint: Barbecues with friends, gardening plots, sharing the beauty of sunsets and sunrises with a loved one. On sunny summer days, pack a picnic then head to the lush, secluded courtyard and set up a chess or
cribbage board— and perhaps toast the winner with a glass of your favourite wine. If you prefer to entertain inside, there are two indoor lounges (one with a kitchen), perfect for hosting large dinner parties.
Friends are sure to stop by for a lively game of foosball, darts, or classic arcade games in the retro-chic games room.
And when you need a quiet place to get down to work, the on-site business centre provides private office space and individual desks; great for client meetings, too.
ENVIABLE LOCATION
Long celebrated for its central location and outstanding connectivity, Carvolth is a natural, lush green neighbourhood with plenty of city amenities close at hand. Just minutes from the Carvolth Transit loop, you’re also close to a diverse network of cycling and pedestrian trails.
Shopping from big-box stores to boutique shops can be found in every direction, including the charming
Langley City Centre, Willowbrook Mall, or the Village Centre right next door that’s home to Blacksmith Bakery, which many java afficionados say has the best coffee in town.
Parents can rest easy knowing children of all ages have easy access to a full range of schools, including a brand-new elementary school coming soon. And for post-secondary students or life-long learners, Kwantlen Polytechnic University is a short, 10-minute drive away.
Don’t miss this opportunity to establish roots in this incredible neighbourhood. Azure Grove offers homes ranging from studios perfect for first-time homeowners to familyfriendly three-bedroom homes, meaning there’s something for every lifestyle.
The grand opening of Azure Grove’s presentation centre happens at noon on April 27 at 10522 King George Blvd. in Surrey. Be sure to register at AzureGroveLangley.com for more information.
DEMYSTIFYING
STRATA AND NON-STRATA HOMES
If you’re considering buying a property, it’s important to understand the different types of ownership. Two common types are strata and non-strata homes. In this article, I’ll explore the differences between the two and what you need to know if you’re considering buying a stratatitled property.
STRATA HOMES
A strata home is a property whereby the owner holds title to a portion of a larger property, typically a multi-unit building or a townhouse complex, and shares ownership of common areas and facilities with the other owners. As a strata owner, you’ll also pay monthly fees for the maintenance and upkeep of these shared spaces.
The strata corporation is the governing body of a shared building, living space, or community. The strata council is responsible for the strata corporation and how the strata is managed. They oversee the building,
“ ” Whether you’re considering a strata or non-strata home, it’s essential to do your research and ask the right questions before making a purchase.
know what homeowners’ anticipated monthly fees will be. If you’re looking for a second opinion on the overall budget, check with an experienced realtor, lawyer, accountant, or property manager.
its management, and all associated aspects such as maintenance and upkeep of amenities. The council is made up of owners who are elected by their fellow owners.
Strata fees are monthly payments made to the strata corporation to cover the common expenses of the development or building, including building insurance, management fees, landscaping, waste collection, utilities and administrative costs, as well as irregular expenses such as lobby upgrades, a new roof, and sidewalk fixes. The specific amount each owner pays is determined by dividing the strata corporation’s total expenses by the unit entitlement based on the livable size of the lot.
QUESTIONS TO ASK WHEN PURCHASING A STRATA HOME
For new communities, developers create an estimated overall budget to
When you’re purchasing a resale home, you should confirm if your fees include utilities such as hot water, heat and gas. Also, how much money is being contributed to the reserve fund each year and is it enough to cover unanticipated expenses? When is the building warranty expiring? Have any major repairs such as a new roof been recently made or are planned? Check the minutes of the strata council meetings to ensure you have a clear understanding of what’s been completed, where money is being allocated and spent and whether the council is proactive or tends to do the bare minimum, which could lead to greater issues.
NON-STRATA HOMES
In contrast, a non-strata home refers to a property where the owner holds full title to the land and any structures on it, without any shared ownership or maintenance obligations. Essentially, owning a non-strata property means having sole ownership and control over the entire property.
Non-strata homes typically don’t have monthly fees, and the owner is responsible for all maintenance and upkeep of the property. While this type of ownership offers more control, it also means taking on more responsibility and costs.
FINAL THOUGHTS
Whether you’re considering a strata or non-strata home, it’s essential to do your research and ask the right questions before making a purchase. With a strata-titled property, make sure to review the minutes of strata council meetings to understand how the strata is managed and where your fees are going. For non-strata homes, it’s important to budget for all maintenance and upkeep costs.
By understanding the differences between strata and non-strata homes, you’ll be better equipped to make an informed decision when buying a property.
Brittany Reimer is managing director of MLA Canada’s Fraser Valley branch. Brittany uses her experience, relationships and passion for the real estate marketing industry to help push MLA into a new frontier.
BURNABY – NEW WESTMINSTER
16. SOLO 4 2131 Willingdon Avenue 604-298-8800 soldistrict.com
17. CONCORD METROTOWN Nelson Ave & Kingsway concordmetrotown.com
2. GRYPHON HOUSE 6191 West Boulevard 604.620.8295 gryphonhousevancouver.com
3. WEST WIND 2620 Acadia Road 604-260-8446
10. GRACE
7. SHIFT 35th Ave & Quebec St. aragon.ca/shift
8. THE CONSERVATORY 6080 Gray Avenue 604-821-8291
9. CURV 1059 – 1075 Nelson Street thecurv.ca
13. GRYPHON NOVA Oak & 67th 604-620-8295 gryphonnova.com
14. ITALIA 2323 Fir Street itlaiabysolterra.ca
15. MARCO POLO 6409 Cambie Street 604-620-8295 marcopolobygryphon.com
Qualify up to 35 year amortization (typically offered up to 30 years) with firm approval for the entire construction period and more benefits through RBC Green Home Mortgage®. Lower your monthly mortgage payments today.
Take advantage of the program and own a sustainable home with the Passive House standard at Templeton today Choose from 2 & 3 bedroom condos and townhomes available from $879,900 and enjoy the superior living comfort Passive House design provides
Your urban serenity
1. WEST 505 Nelson Street westbybeedie.com
2. SYDNEY
545 Sydney Ave. 778-948-0333 sydneybyledmac.com
3. VUE Foster Ave & Whiting Way vueliving.ca
4. SOPHORA AT THE PARK #101 - 1135 Pipeline Road 604-942-8416 polyhomes.com
HOW DOES IT HAPPEN AND WHAT CAN YOU DO TO PROTECT YOURSELF?
ALISA ARAGON-LLOYD
These days, with the amount of information shared on the internet and social media, identity theft and Ponzi schemes are happening regularly. Many homeowners are taking the necessary steps to protect one of their largest investments, which is their home. The last thing they want to worry about is yet another way to lose their hard-earned money.
As a homeowner, you need to be aware of two crimes that are on the rise in Canada: Mortgage fraud and
real estate title fraud. In 2020, First Canadian Title (FCT) identified and worked to prevent $96 million in suspicious residential transactions. In 2021, that number increased to $231.9 million, in 2022 it was $350 million, and it continues to rise. As a higher cost of living and credit demand also increase, it could lead to a higher probability of fraud.
MORTGAGE FRAUD
Some people may think that providing false documents and making false statements when purchasing a home is not a big deal. However, the Criminal Code clearly states that obtaining funds, including a mortgage, by providing false information is a crime.
The most common type of mortgage fraud is when a fraudster obtains a property, then increases its value through a series of sales and resales involving themselves and someone working in collaboration with them. A mortgage is then secured for the property based on the inflated price.
HERE ARE SOME RED FLAGS FOR MORTGAGE FRAUD:
• Someone offers you money to use your name and credit information to obtain a mortgage.
• You are encouraged to include false information on a mortgage application.
• You are asked to leave signature lines or other important areas of your mortgage application blank.
• The seller or investment advisor discourages you from seeing or inspecting the property you will be purchasing.
• The seller or developer will rebate to you your money on closing, and you don’t disclose this to your lending institution.
TITLE FRAUD
When you purchase a home, you purchase the title to the property. Your solicitor registers you as the owner of the property in the provincial land title office.
Title fraud normally starts with identity theft. This occurs when your personal information is collected and used by someone identifying themselves as you. There are several ways criminals can steal your identity without your knowledge, which include:
• Dumpster diving
• Mailbox theft
• Phishing
• Computer hacking
Sadly, the only red flag for title fraud occurs when your mortgage mysteriously goes into default and the lender begins foreclosure proceedings. Even worse, as the homeowner, you are the one hurt by title fraud, rather than the lender, as is often the case with mortgage fraud.
Unlike with mortgage fraud, however, during title fraud, you haven’t been approached or offered anything – this is a form of identity theft.
HERE’S WHAT HAPPENS WITH TITLE FRAUD:
A criminal – using false identification to pose as you – registers forged documents transferring your property to his/her name, then registers a forced discharge of your existing mortgage and gets a new mortgage against your property. Then the fraudster makes off with the new home loan money without making mortgage payments. The bank thinks you are the one defaulting, and your economic downfall begins.
WAYS TO PROTECT YOURSELF FROM TITLE FRAUD:
• Ensure you keep personal information confidential when on the internet or phone until you know who are dealing with, how it will be used and if it will be shared with anyone.
• Only carry minimal information and identification in your wallet, don’t have your social insurance card with you.
• Check your credit report regularly. You can get them free when you request them from Equifax and Transunion when they mail them to your home. If you notice anything suspicious, contact the credit bureau right away.
• Check your financial, bank and credit card statements regularly for any inconsistencies and unknown charges.
• Consider obtaining a title insurance policy, as title insurance protects against many title risks associated with real estate transactions.
• Check your mailbox regularly for mail, if not every day.
• Shred and destroy any financial and personal identification documents, as well as any unsolicited credit card applications rather than just simply throwing them away.
• If you don’t receive your bills
or other mail, follow up with your creditors.
• If you receive credit cards that you didn’t apply for or if you did apply for them and didn’t receive them.
• Contact your mortgage lender first if you are having difficulty making your mortgage payments.
HOW TO PROTECT YOURSELF FROM TITLE FRAUD WHEN PURCHASING OR REFINANCING A HOME:
• Make sure you work with a licensed real estate agent who is familiar with the area you are interested in buying. Select to work with someone who can provide trusted referrals and check on them.
• Check listings in the community where the property is located. Compare features, size and location to establish if the asking price seems reasonable.
• Always view the property you are purchasing in person. Don’t buy without seeing it first.
• Beware of a real estate agent or mortgage broker who has a financial interest in the transaction.
• Ask for a copy of the land title or go to a registry office and request a historical title search.
• In the offer to purchase, include the option to have the property inspected and appraised.
• When giving a deposit to purchase a property, ensure the funds will be held “in trust” with a solicitor or a real estate agency and not directly with the seller.
• Insist on a home inspection to guard against buying a home that has been cosmetically renovated or was previously used as a grow house or meth lab.
• Ask to see receipts and permits for recent renovations.
• Consider the purchase of title insurance.
• Review and make sure you are comfortable with the terms and conditions of the mortgage commitment letter or approval.
• Review the “cost of borrowing disclosure statement” and be aware of any additional fees or charges. Ask questions if you are not sure.
• Know and understand what you are signing. If you have questions, ask. If you are not comfortable or
something is not right, do not sign the documents.
• You might want to consider using your own solicitor for legal advice if you are asked to use the same lawyer as the seller.
“STRAW BUYER” SCHEME
Another term for mortgage fraud is the “straw” or “dummy” homebuyer scheme. For instance, a renter does not have a good credit rating or is self-employed and cannot get a mortgage, or doesn’t have a sufficient down payment, so he or she cannot purchase a home. He/she or an associate approaches someone else with solid credit. This person is offered a sum of money (can be as much as $10,000) to go through the motions of buying a property on the other person’s behalf – acting as a straw buyer. The person with good credit lends their name and credit rating to the person who cannot be
approved for a mortgage to purchase a home.
Other types of criminal activity often dovetail with mortgage fraud or title fraud. For example, people who run “grow ops” or meth labs may use these forms of fraud to purchase their properties.
RED FLAGS
It’s important to remember that if something doesn’t seem right, it usually isn’t. Always follow your instincts when it comes to red flags during the homebuying and mortgage processes.
Alisa Aragon-Lloyd has been a mortgage expert for more than 13 years. She prides herself in helping her clients build wealth using many different strategies in real estate. She is licensed with Bridgestone Financing Pros and is on the board of directors for the Homebuilder Association of Vancouver (HAVAN) and is a multiple award-winning member.
NORTH SHORE
1. PARK WEST 1633 Capilano Road parkwestliving.ca
2. EXECUTIVE ON THE PARK 660 Clyde Avenue 604-926-2398 executiveonthepark.com
3. HAWKSLEY 3963 Uplands Way liveathawksley.com
4. BADEN PARK 904 Lytton Street badenparkbyanthem.com
9. BRITANNIA BEACH BC 99 & Copper Dr 604-980-0016 britanniabeachliving.com
10. SEA AND SKY 604-559-7918 hellosquamish.com
11. REDBRIDGE 1606 Scott Crescent redbridgesquamish.com
12. FINCH DRIVE 1050 Finch Drive 778-990-1129
FIND YOUR NEXT HOME
PREVIEWS & REGISTRATIONS
AVIVA WILLOUGHBY
Home type: Townhomes
Developer: Zail Properties
On the map: Langley Web: avivaliving.ca
Info: Spacious, vibrant two- (plus den), three- and four-bedroom townhomes deliver elevated living in Langley’s Willoughby neighbourhood. A transit and communityoriented development with thoughtfully designed homes where every detail was considered through a lens of form and function. Spacious interiors are designed for growing families, with room to accommodate a work-from-home office, playroom or home gym. Register today.
DUET
Home type: Condominiums
Developer: MingLian Holdings Ltd.
On the map: Vancouver
Info: A distinctive 10-storey building on Vancouver’s West Side, Duet is a boutique collection of one-, two- and three-bedroom residences. Featuring: Solid concrete construction, stunning views of the city skyline, False Creek and the North Shore mountains; engineered hardwood flooring in living/dining areas and bedrooms; nine-ft. ceilings in most units; fully equipped fitness room; outdoor leisure area and urban
agriculture plots. Live just steps to shopping, restaurants, parks, Granville Island, and a Canada Line station. Register today.
PORTICO
Home type: Townhomes
Developer: Wanson Group
On the map: West Coquitlam Web: lifeatportico.ca
Info: With one-, two- and three-bedroom homes in West Coquitlam, Portico welcomes your unique sense of style, offering homeowners the freedom to express themselves within enclosable balconies (available on two-and three-bedroom homes), dens and 10-ft. ceilings. For home chefs who wish to tap into their culinary passion, Portico provides the option of an expandable kitchen island. And for outdoor enthusiasts, the neighbourhood has bike-friendly streets, nature-filled parks, trails and amenities. Register today.
SCOUT
Home type: Condominiums
Developer: Heinrichs Developments
On the map: Abbotsford Web: liveatscout.com
Info: Introducing iconic contemporary architecture and inviting Scandinavianinspired interiors. Offering an array of one-,
two- and three-bedroom homes designed for homeowners seeking a sophisticated living experience in the vibrant downtown core. Featuring on-site amenities, accessible retail and restaurant options and a stand-out modern façade, while perfectly positioned at the centre of town. Register today.
STOWA
Home type: Condominiums
Developer: Genaris Properties
On the map: Surrey Web: lifeatstowa.com
Info: Discover Stowa, a collection of studio, one-, two- and three-bedroom homes offering luxurious indoor and outdoor amenities, from a fully equipped fitness centre and a highly functional co-work space to a cosy multi-purpose room and a roof-top patio for outdoor entertaining. Stowa is located a short stroll from parks, restaurants and shops, including the Central City Shopping Centre, and a five-minute drive from Simon Fraser University. Register today.
WESTVIEW
Home type: Townhomes
Developer: Trillium
On the map: Central Coquitlam Web: westviewtownhomes.ca
Info: A collection of 24 Craftsman-inspired townhomes designed with contemporary comfort with a nod to nostalgia. Threebedroom, three-bedroom-plus-flex and four-bedroom townhomes combine uncompromising style, functionality and quality, while ensuring homes are designed for the modern family. Nestled near the base of Westwood Plateau, experience panoramic views of the cityscape and mountains in all directions every time you walk through the door. Register today.
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, KINDLY EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
THESE BUILDERS AND DEVELOPERS ARE PROUD OF THEIR COMMITMENT TO EXCELLENT CUSTOMER SERVICE AND CREATING GREAT COMMUNITIES
6 COMMON MISTAKES EVERY BUYER SHOULD BE AWARE OF
https://bit.ly/3HhEnoV
FIREPLACE OPTIONS FOR ANY RESIDENCE
https://bit.ly/3HwVqn5
HOW TO DEAL WITH NOISY NEIGHBOURS
https://bit.ly/30kVJAe
9 IMPORTANT QUESTIONS WHEN BUYING FOR THE FIRST TIME
https://bit.ly/3Hlp3aJ
Want more great articles like these delivered directly to your inbox? SIGN UP FOR OUR NEWSLETTER: nexthome.ca/newsletter Visit our website:
NEW HOME & CONDO DEVELOPMENTS
These listings are meant to offer a comprehensive overview of new home and condo developments currently being marketed throughout Metro Vancouver and the Fraser Valley.
ABBOTSFORD
Court MR
604-621-5888 Now Selling
Downtown Gate TH 604-357-1943 Coming Soon
Falcon Ridge SF 604-309-0540 From $789,000
High Street Village LR/TH highstreetvillage.ca Now Selling
JEM LR jemliving.ca Coming Soon
Laurel on Mill Lake LR laurelmilllake.com Coming Soon
McKenzie Mews TH mckenzie-mews.com Coming Soon
Montvue LR montvueliving.ca Coming Soon
Onyx at Mahogany LR 778-255-7099 Now Selling
The Peak at Mountainview TH mymountainview.ca Call
The Rail District TH raildistrict.ca Register Now
BURNABY
O2 Metrotown HR o2metrotown.com Now Selling
Arbour MR/TH 604-559-5795 Now Selling
Azure at Southgate HR azureatsouthgate.com Now Selling
Times Square Richmond HR timessquarerichmond.ca Now Selling
Torino HR 604-303-0148 Call
Trillion DP 604-242-1193 Call
Viewstar HR 604-630-6668 Call
Vivere HR viverebhsolterra.ca Coming soon
Williams Living TH 604-831-9966 Coming Soon
SQUAMISH/WHISTLER
Aegean Homes LR 778-558-5113 Call
Britannia Beach… ...TH… britanniabeachliving.com… Coming Soon
Finch Drive TH 778-990-1129 Register Now
Highline TH/DP 604-757-5550 Now Selling
Redbridge MR/TH redbridgesquamish.com Coming Soon
Sea and Sky TH 604-559-7918 Call
The Lofts LR 604-815-1737 Call
SURREY
Amaya LR/TH amayaliving.ca Call
Central HR 604-498-3887 Call
Century City Holland Park HR centurycitysurrey.com Call
Central Living LR 778-883-7366 Call
District NW HR thind.ca/districtnw Coming Soon
Elwynn Green TH 778-889-7496 Coming Soon
Guilden Guildford LR guildenliving.com Register Now
The Park Landmark TH 604-786-0006 Coming Soon
Insignia LR experienceinsignia.com Coming Soon
Jasper TH liveatjasper.ca Register Now
Nova TH mortisegroup.com Call
Nora TH 604-603-6313 Call
One Central HR onecentral.ca Call
Onyx & Ivory TH www.onyxivory.ca Coming Soon
Park George HR 604-583-9866 Call
Piano HR concordpiano.ca Coming Soon
PURA LR 604-681-4800 Now Selling
Sequoia HR sequoiawestvillage.ca Now Selling
Silva HR silvasurrey.com Coming Soon
The Beverly TH 778-400-4773 Call
Woodward TH 604-831-0307 Call
Westwood TH westwoodtynehead.ca Now Selling
VANCOUVER & AREA
DOWNTOWN
1335 Howe HR 604-689-8535 Call
Bailey LR liveatbailey.ca Register Now
Block HR 236-471-4834 Call
Burrard Place two HR burrardplace.ca Call
Curv HR thecurv.ca Coming Soon
Eventide LR eventidethree.com Coming Soon
Landmark on Robson HR 604-566-2288 Call
Marco Polo HR marcopolobygryphon.com Register Now
Mirabel HR 604-681-8110 Call
The Pacific HR grosvenorpacific.com Call
The Thurlow HR downtownabovebeach.com Coming Soon
Thesis LR liveatthesis.com Register Now
Vancouver House HR 604-893-8958 Call
EAST SIDE
2550 Garden Drive LR 2550gardendrive.com. Now Selling
Ace one the Drive LR togetheronthedrive.ca. Coming Soon
Assembly LR assemblystrathcona.com Coming Soon
Brock House TH/SF 778-388-8682 Call
Clive at Collingwood LR cliveliving.com Coming Soon
Focal LR 604-563-6777 Coming Soon
Frame HR liveatframe.com Coming Soon
Francis TH 604-330-8848 Call
Format by Cressey TH info@formatbycressey.com Now Selling
Graphia LR grafia.porte.ca Coming Soon
Lakewood TH lakewoodliving.ca Now Selling
Linx LR 604-394-2602 Coming Soon
Paragon LR 604-688-5566 Coming Soon
River District Ardea HR wesgroup.ca/ardea Coming Soon
The Saint George TH the saintgeorge.ca Now Selling Shift LR aragon.ca/shift By Appointment
Templeton TH templetonliving.ca Now Selling
Triumph TH 604-563-6200 Call
The Windsor HR thewindsorliving.com Now Selling V on E49 LR 778-751-8930. Coming Soon
WEST SIDE
2030 Barclay HR 604-534-2020 Coming Soon
5656 Balaclava LR 5656balaclava.ca Now Selling
99 West MR 604-620-8600 From $528,800
Amber LR/TH 604-871-8600 By Appointment
Arbutus LR 604-307-0607 Call
Autograph LR autographliving.ca Coming Soon
Ava LR 604-736-0050 Coming Soon
Boden TH 604-369-4265 Move-In Ready
Carven LR kerrisdalebykenstone.com Coming Soon
Chelsea by Cressey MR 604-805-1804 Now Selling
Claridge House HR 604-941-8305 Register Now
CURV HR thecurv.ca Register Now
Dunbar at 39th LR wesgroup.ca/dunbar Call
Eila on W49 TH 604-558-5848 Call
Form HR Anthemproperties.com Coming Soon
Grace TH gracewestside.com Register Now
Gryphon House MR 604-620-8295 Call
Gryphon Nova MR 604-620-8295 Call
Heather and Seventeenth LR Liveheather17.com Call
Heritage on Cypress & Second SF 778-729-0898 Call
Italia HR italiabysolterra.ca Coming Soon
Ivy on the Park HR 604-225-0117 Call
Just West TH 604-734-8883 Call
Kitsilano Block LR kitsilanoblock.com Coming Soon
Legacy on Dunbar LR 604-990-8800 Call
Lilibet LR 604-879-0030 Now Selling
Oak +52 TH 604-828-7352 Coming Soon
Oku 64 Oak LR okuliving.com Coming Soon
Ortus LR ortusliving.com Coming Soon
Park HR anthemproperties.com Coming Soon
Park Grand TH 778-999-2552 Coming Soon
Perron GH/TH 604-603-8889 From low $800’s
Pinnacle On the Park at False Creek HR 604-874-8368 Call
Primrose TH PrimroseVancouver.com Coming Soon
Pure LR purewest49.com Call
Rowe TH 604-299-1363 Comimg Soon
Rowen W47 TH rowen47.ca Call
Savannah HT liveatsavannah.ca Coming Soon
Savoy LR savoycambie.com Coming Soon
Sixteen & Burrard TH/DU 778-729-0898 Call
TESORO HR tesorobyconcert.com Now Selling
The Conservatory CH/HR 604-821-8291 Now Selling
The Kirkland LR 604-415-2908 Call
The Regent TH 604-273-1313 Call
Voyce LR voyce.ca Call
West 4th & Trimble SF 778-729-0898 Now Selling
W16 by Olson Kunding LR W16byolsonkundig.com Register Now
W63 Mansion LR 63mansion.com Coming Soon
W68 HR w68.ca Coming Soon
West Boulevard DU 778-729-0898 Call
Westbury in Arbutus Ridge TH 604-620-8295 Call
West Oak LR/TH 778-716-6888 Now Selling
West Wind at Lelem HR 604-260-8446 Register Now
Winston South Oak LR 604-809-6233 Call
Wordsworth HR 604-882-0098 Now Selling
York TH yorkvancouver.com Register Now
Yukon Residences TH 604-558-5850 Call
WEST VANCOUVER
Bellevue by Cressey HR/TH 604-290-2626 From $4.4M
Evelyn TH 604-922-0330 Call
Executive on the Park LR 604-926-2398 Call
Galleries on the Bay LR 604-836-7355 From $490,000
Hawksley LR liveathawksley.com Now Selling
Latitude on Cambie MR latitudecambie.com Coming Soon
Pierwll HR pierwell.ca Coming Soon
The Sentinel HR 604-926-9260 Call
Weston Place LR westonplace.ca Register Now
Wildwood TH liveatwildwood.com Now Selling
WHITE ROCK/SOUTH SURREY
Altus LR 778-294-7794 Call
The Boroughs TH theboroughs.ca Now Selling
Douglas Green TH douglasgreenliving.com Coming Soon
Elisa TH elisaliving.ca Coming Soon
Horizon TH 604-441-8789 Coming Soon
Kendrick SF kendrickbymarathon.com Now Selling
King & Crescent LR 604-560-0272 Call
Landmark at Foster Martin HR fostermartin.ca Coming Soon
Miramar Village HR 604-542-8882 Call
Monaco HR liveatmonaco.ca Call
The Loop TH gramercy.ca/home/the-loop Coming Soon
The Oak TH 604-360-0789 Call
Soleil HR soleilwhiterock.com Call
Southaven TH 604-377-1078 Call
South Village TH 604-910-9919 Call
OUT OF TOWN PROPERTIES
KELOWNA
Caban .LR/TH cabanbycressey.com Now Selling
ELLA HR 778-215-6788 From $679,900
Waterscapes HR 250-763-8313 Call
LANGFORD
Eliza at Royal Bay TH elizacondos.com Coming Soon
The Scene HR livethescene.ca Register Now
NOTE: Pricing is subject to change; please contact the specific development for more up to date details or special promotions.
Some places are so special you never want to leave. They exude a timeless beauty and comfort that can’t be replicated. Ladner Village, with its historic storefronts and friendly ambiance, is one of those places.
Bridge & Elliott by Headwater uniquely emerges in the midst of this charm, intersecting contemporary design with a classic community. The collection of studio, one, two, and three bedroom homes channels a fresh perspective on Ladner living. A meaningful experience like this doesn’t often appear. Live someplace cherished.