The Schreder Brothers Answer Your Real Estate Questions
Do you have a question that you would like to have featured on Real Estate Questions Of The Week?
Here is how you can ask The Schreder Brothers your Real Estate question:
Go To … Ask Us a Question on Twitter or Instagram – Hashtag #AskSchreders
Go To … Send Us An E-Mail
This Weeks Questions
From: Brad in Surrey BC
|Q: What are the most sought after features of a home that buyers look for?|
A: An up to date kitchen that is great for entertaining is one of the most sought after features home buyers are looking for.
From: Susan L. in Langley BC
|Q: Will the foreign buyers tax continue to cool the market running into 2017?|
A: There are many varying opinions out there of what the market will do in 2017. We believe that the spring market will pick up as per usual.
[bctt tweet=”#AskSchreders | Q: Will the foreign buyers tax continue to cool the market running into 2017?” username=”@jwsrealestate”]
From: Tahir G. in Surrey BC
|Q: Is there hst on real estate in bc?|
A: Now that HST has been eliminated in BC, we are back to the old GST. Used residential housing is not subject to GST, however, GST is payable on the purchase price of newly constructed or substantially renovated residential homes. Tax on Real Estate is a very complicated topic and could be subject to various rebates.
From: Nandi P. in Surrey BC
|Q: What is an assignment in real estate?|
A: An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property).
From: Tom in Langley BC
|Q: Who pays the Realtor’s commission?|
A: The Seller of a property pays the Realtor’s commission in a typical Real Estate transaction.