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Two pieces of identification are required to sign real estate documents  All identification must be original, valid and signed  They need to be two primary pieces or one primary and one secondary Primary Secondary Driver’s License A second primary piec...

Although there are lots of situations where a Power of Attorney can be useful, some of the most common situations are:for families where spouses are working overseas/ out of town (including miliary duty)for adult caregivers of elderly persons needing to manage their everyday financial and property affairsfor real estat...

Real Property Reports are not done for a residential home purchase in BC; Property Transfer Tax is payable on most home transactions in BC (1% of the first 200k and 2% of the remainder); Principal residents get the Home Owner Grant to reduce municipal property taxes, but this only applies to principal residences (n...

Buying real estate can be a very exciting time, but can also be a very stressful experience  For most buyers, the purchase of property is one of the largest financial decisions they will make On top of the financial concerns, the emotional involvement can be overwhelming A qualified Realtor can help make this experien...

There are a lot of different fees and disbursements associated with the purchase of real estate  To help, we have created an easy to use Closing Cost CalculatorSimply input the numbers for your home purchase and the calculator will outline the estimated costs to complete your transactionContact us at 250-980-3...

No - First time home buyers are only eligible for an exemption from the tax if the first time buyer:has not owned an interest in a principle residence anywhere in the world is a Canadian citizen or permanent resident has continuously resided in BC for at least one year prior to purchasing or filed at least 2...

Why use Montgomery Miles & Stone Law Firm for your next Home PurchaseFair Price – get a quote for your purchase once we know the details of your transaction Amazing Service - we hold your hand every step of the way Legal Focus – Real Estate is one of our core practice areas, no matter what the econo...

In British Columbia, there are lots of fees associated with the purchase of real estate To assist our clients, we programmed a great new Closing Cost Calculatorhttps://mmslawfirmca/closing-cost-estimator/Simply input the figures for a home you are interested in and the calculator will give you an estimate of ho...

In the last few weeks the Kelowna Real Estate market has seen a dramatic increase in sale activity (see OMREB stats here) and in some sectors of our market (particularly single family homes under 500k) signs of a "Sellers Market" have begun to emerge (see my January post here)The rather quick shift from a Buyer's M...

The end of June is "high season" for residential real estate closing As the school year comes to the close and the weather turns warmer, people want to get the "business of moving" done prior to enjoying summer holidaysThere are a couple of unique considerations for Kelowna Real Estate at this time of year, all of ...

In the context of residential real estate, 90% of the time the deals of fairly straightforward The difficulty here is identifying the 10% of homes or deals that have issues and importantly what those issues arePrior to subject removal Home Buyers are in the best position to gather information and make decisions abo...

People think lawyers are expensive, so legal fees always seem to cause concernWith residential conveyancing at our firm you can be guaranteed of the following:A custom quote for legal fees for the title transfer for your deal provided to you by email upon receipt of conveyance instructions (usually weeks in ad...

Attention: All Referring RealtorsThere is a new Wills, Estate and Succession Act now in force in BC effective April 1 to help "get the word out" on estate planning we have a great offer that will save your client $300 If a Referring Realtor refers ANY client to our firm for a home sale or purchase, please get th...

“All the flat land is gone” is a common complaint amongst the development community in Kelowna as undeveloped ALR lands occupy most of the “flats” and costly and earthwork intensive hillside parcels are what remains to be developed into new residential communitiesOne remaining source of “flat land” is i...

A Power of Attorney (POA) allows another person to make financial and legal decisions for someone else In the context of residential real estate, these documents can be very helpful in the many situations, including:a Buyer or Seller is on active military duty overseas; a Seller is on vacation or otherwise not ...