Property Insurance

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For Property Insurance, What Documents Will The Insurance Agent Need?

Documents to provide include a home inspection report, strata documents, property disclosure statement, plus images of the fireplace, hot water tank, and a list of contents and upgrades, etc. To obtain property insurance in Whistler, your realtor will supply you with the documents needed to insure your home. This should occur long in advance of the completion date in case there is something on the property that the insurance will not cover.

October 19, 2024November 11, 2024

WETT Certificate

Snowridge Crescent different house styles

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How Can I Tell If The Fireplace is Working?

Hiring a Wood Energy Technology Transfer (WETT) Inspector will help determine if fireplace is working properly. A WETT Inspector is one of the professionals you will be relying on when purchasing a Whistler property with a pellet or wood-burning fireplace.

July 22, 2023August 20, 2024

Multiple Offers

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Disclosure of Multiple Offers

With limited supply and increasing house prices, multiple offer situations are becoming more prevalent, and buyers are getting frustrated with the home buying and selling process.

The following information was provided by the Real Estate Board of Greater Vancouver (REBGV). It explains why seller’s agents are required to complete the new Disclosure of Multiple Offers Presented (DMOP) form and communicate to each buyer’s agents who participated in a multiple offer situation.

July 8, 2023August 20, 2024

Completion Date

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The Completion Date Consequences

It is vital that the completion date on the Contract of Purchase and Sale is adhered to, at all costs by the Buyer. Should the Buyer be at fault and the transaction does not complete as scheduled, the Seller has the option of voiding the contract. In addition, the Seller is legally allowed to keep the full amount of the deposit. There have been several attempts to have the Buyer’s deposit returned to the Buyer. Read the Deposits are Serious blog post for a full understanding.

June 23, 2023November 13, 2024

Home Buyer Rescission Period

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What is the Home Buyer Rescission Period?

The Home Buyer Rescission Period was developed by the British Columbia Financial Services Authority (BCFSA). The BCFSA is the governing body for BC real estate agents. The HBRP was implemented in response to the multiple offer situations in 2020-2022. During that frenzy, buyers were writing overpriced offers with no subjects, and then upon acceptance of their offer, regret set in as there was no “easy” way out of the transaction. The HBRP is also known as a non-negotiable, “cooling off period”.