Blog by Jakob Christoph

Property Transfer Tax Exemption Comox Valley

August 31st, 2015

In BC, you pay Property Transfer Tax (PTT) each time you register a property at the Land Title office. This calculation is 1% on the first $200,000 and 2% on the balance. 

The First Time Home Buyers' Program
If you are purchasing your first home, you may qualify for an exemption from PTT if certain requirements are met. 

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What are the requirements?

  • you are a Canadian Citizen, or a per ...

2771 Merville Road, Merville, BC

August 22nd, 2015

Welcome to the country. Located a short ten minute drive from downtown conveniences is this serene 19.9 Acre treed lot waiting for your vision. The land is ideal for farming/agriculture and there is added value in the timber. If you're looking for a quiet place to build your country estate, look no further. Just a five minute drive to one of the nicest beaches in the Comox Valley and less tha ...

Low Cost Updates to your Comox Valley Home

August 14th, 2015

It's August, typically a slow month in Comox Valley real estate, but the market has not slowed down. Historically, buyers wait until September to start looking again, after the fun and hectic life of summer has passed. This year, we have plenty of buyers and very low inventory. 

In the 12 months ending July 31st, 2015 there were 1555 sales of all property types, a 12% increase over 2014. The h ...

2900 Suffield Road, Courtenay, BC

August 12th, 2015

Quiet Courtenay neighborhood, the bright bungalow sits on over a 1/4 acre at the corner Suffield at Clough Road. Recent updates include a new deck and new hot water tank. An older home with a functional floor plan either keep it as is or bring your ideas and update this cozy home. Featuring a large master with 2 piece ensuite and a spacious living room with fireplace. There is a 20x20 detache ...

Buying a Home with an Income Suite in the Comox Valley

August 11th, 2015
Screen Shot 2015-08-10 at 2.22.27 PM.pngIncome carriagehouse suite for 220 2nd Avenue. See below for more details.

Good news reported by Canadian Mortgage Trends:

"The market for houses with basement apartments may get a little hotter. CMHC has announced it will allow 100% of the rental income from legal secondary suites to be used when qualifying for a mortgage. Currently it allows 50%.

The nation’s largest default insurer says ...

Comox Valley Home Repairs

August 10th, 2015
watch out for ordinary wear & tear

As a homeowner, you have to expect natural deterioration of the structure over time and you must plan accordingly and plan a budget for your expected cost of upkeep, based on the age and condition of your home. When you are a buyer considering a purchase, a Building Inspector can provide detailed information about the age of ...