We know the Okanagan Real Estate Market, and we know how to get buyers the home that meets their needs.
We have helped countless buyers find homes and investment properties. We have simplified our process to make buying easier.
We know that finding your home starts with understanding your budget. Once we know exactly what you are looking for, we can narrow down the search.
We help you find the home you want, by optimising your search, accompanying you to viewings, and help you understand the fair market price for any home you are interested in.
We ensure that your legal team has all the information and paperwork they need to close the deal. Once the paperwork is done, we will be there to hand you the keys to your new home.
By booking a quick call with us, we can learn more about what is important to you in your next home.
E. & O.E. The information contained herein is assumed to be correct but is not guaranteed by the listing agent or publisher & should be verified. All measurements are approximate and should be confirmed if important.
We can set you up with alerts, and a curated list of the latest properties on the market. Once you have had a free consultation with one of our property experts, we will know exactly what you are looking for, and set you up with property alerts.
This will save you time when filtering through properties.
No, but many buyers choose to use one because they can provide expertise, access to properties, and guidance through the buying process.
The Property Transfer Tax (PTT) in BC is a tax paid upon the transfer of real estate. This is the current as of March 5, 2024.
Further 2% on residential property over $3,000,000
If the property has residential property worth over $3,000,000, a further 2% tax will be applied to the residential property value greater than $3,000,000.
This is an additional property transfer tax applied to foreign entities or taxable trustees. The rate may vary, but it’s important to consult current regulations or an accountant for exact details.
Once you remove all subjects/conditions and the deal becomes firm, backing out usually has consequences, often the forfeiture of your deposit. Always consult with a legal professional about contractual obligations.
Closing costs usually range from 1.5% to 4% of the purchase price. This includes items like the Property Transfer Tax, legal fees, adjustments, and more.
While not mandatory, it’s strongly recommended to get an inspection for peace of mind and to uncover potential issues with the property.
Strata properties are like condominiums where you own your individual unit and share ownership of common areas. There are monthly strata fees and specific rules (bylaws) owners need to follow.
Typically, buyers get pre-approved first to understand their budget. After making an offer, they finalize the mortgage with their lender. This includes providing documents, finalizing terms, and setting up payments.
No, there isn’t a standardized cooling-off period for resale homes. However, there may be a rescission period for new homes directly from developers.
With regards to this – there is only a rescission period and that is 3 days from the date of acceptance and there is a financial penalty of 0.25% of the purchase price if the buyer backs out of the offer prior to the 3rd day.
From the website Also known as the “cooling-off period,” this measure will give homebuyers up to three business days to rescind an offer on a home after the offer has been accepted.
The seller may choose the most attractive offer based on price, conditions, and other factors. It’s possible to be in a “bidding war” where buyers may increase their offers to outbid others.
Whether you are buying, selling, or just looking for some insight on the market, contact The Mayne Brothers by completing the form below or call us at 250-860-0303
E. & O.E. The information contained herein is assumed to be correct but is not guaranteed by the listing agent or publisher & should be verified.
All measurements are approximate and should be confirmed if important.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA” MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website
