Tuesday, January 27, 2009

Budget - Home Renovation Tax Credit (HRTC)

With record setting low interest rates, Real Estate prices that are back at about the 2003 levels and now tax credits for renovations there has really been no better time to get into the market.

Here are some relevant points from the recently released budget.

Joel

Action to Stimulate Housing Construction.

Providing $8.4 billion to build quality housing, to stimulate construction and enhance energy efficiency. Measures include a renovation tax credit providing up to $1,350 to an estimated 4.6 million Canadian homeowners.

British Columbia will receive its share of the investments in social housing.

Implements a temporary Home Renovation Tax Credit (HRTC), which will benefit homeowners in British Columbia up to $419 million over two years.

Saturday, January 24, 2009

Vantage West Client Appreciation Evening


Vantage West Realty hosted their first annual Client Appreciation Evening at the Laurel Packinghouse. There was great food and wine with live entertainment provided by Kelowna's own Scott Theilman as the guests mixed and mingled. If you like your real estate service served up on a silver platter Vantage West is for you. Since it's launch in early 2008, the partners and realtors at Vantage West have dedicated themselves to creating a high end real estate service offering unique and creative approaches to finding, buying, and selling residential and commercial real estate.

The Oprah Show-Solutions in a tough market

http://www.oprah.com/slideshow/oprahshow/20081008_tows_thriftiest/19
Mike and Pam found Lauren and Ryan, homeowners in Elgin, Illinois, who wanted to upgrade their home. It was the perfect match for Mike and Pam, who were looking to downsize. Mike and Pam sold their home for $295,000 and purchased Lauren and Ryan's home for $180,000.

"We were able to sell our house at the price we wanted, and they were able to sell their townhouse at the price they wanted," Pam says."We're all happy," Ryan says. "It was an even trade in the sense we both got exactly what we wanted. We were looking for a house with four bedrooms, a basement and a backyard that would be fenced in for our dogs, and we ended up getting that."

If you're interested in finding a creative way to sell your home, make sure to contact a Vantage West Professional 250.717.3133 (Alright... Oprah may not have said that last part)