By: Harry Kullman

Kelowna Real Estate: Investment Opportunities

Tags: Homes in Kelowna, Okanagan living, investment real estate,

As you might expect with two years in a row of double-digit property value growth in the Okanagan, and the headlines that go with it, we have seen the number of properties purchased for investment increase by 40 per cent. This is a combination of baby boomers looking to augment their retirement income and out-of-towners catching wind that Kelowna’s market is in the full swing of a real esta...Read More

By: Harry Kullman

Dual Agency  yes, no or maybe?

Tags: Dual Agency, real Estate Agency,  Real Estaste Agent, Designated Agency, customer Relationship

Selling or buying a home is the largest transaction most of us ever become involved in. Yet people sometimes take less time over it than they do when buying a new car. That’s because it’s unfamiliar territory to many of us. We don’t all understand the process. We don’t know what questions to ask. We may take things for granted, rely on others when we should’t, and som...Read More

By: Harry Kullman

How much is the Tax on a Real Estate Property Transfer?

Tags: tax, property tax, property transfer tax, Real Estate,

1% on the first $200,000 and 2% on the portion of the fair market value greater than $200,000 up to and including $2,000,000 and 3% over $2,000,000 ...Read More