Whistler Ski-in/Ski-out Real Estate For Sale

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Key Takeaways

The Benchlands is a developed area in Whistler, aimed at tourist accommodation since the eighties.
It consists of Benchlands North and South, with North zoning primarily for tourist rentals, except Horstman Estates.
Free year-round bus service connects the Benchlands to Whistler Village and ski slopes, enhancing accessibility for tourists.
The South features mixed developments, including tourist accommodations and other land uses, with recent updates to transportation infrastructure.
Marion Anderson offers real estate assistance in the area for interested buyers.

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The Buyer must adhere to the Completion date; failing to do so may allow the Seller to void the contract and keep the deposit.
The Completion date is officially referred to as such in the Contract of Purchase and Sale; it is not called the closing date.
If the Buyer needs an extension on the Completion date, it requires Seller approval and often incurs significant penalties.
Market drops can affect sale prices, and the Seller may pursue legal action if the Buyer does not close the sale.
Working with an experienced Whistler realtor can help navigate the complexities of the Contract of Purchase and Sale.

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The Statement of Adjustments is a financial statement detailing debits and credits for both Buyer and Seller during a real estate transaction.
In British Columbia, the Buyer’s lawyer prepares the Buyer Statement of Adjustments and the Seller Statement of Adjustments.
Adjustments include property taxes and utility charges, typically calculated based on the adjustment date, not the completion date.
The Statement of Adjustments is signed by both parties a few days before the completion date, often in the presence of a lawyer.
For assistance with real estate in Whistler, contact Marion Anderson at Sutton Group – West Coast Realty.

Estimated reading time: 5 minutes

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The Home Buyer Rescission Period allows buyers a 3-day cooling-off period after accepting a subject-free offer, but it incurs a 0.25% penalty if rescinded.
Developed by BCFSA, the HBRP targets issues from the COVID real estate frenzy when buyers faced regret after making impulsive offers.
If subject conditions exist, buyers can rescind without a penalty within the 3-day period, but it’s best practice to wait until subject conditions are removed.
No rescission applies to Phase 2 properties and quarter-share properties, treating them differently in real estate transactions.
Working with an experienced realtor is crucial to navigate the complexities of rescission and ensure informed decisions.

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Non-residents buying property in Whistler cannot refinance with Canadian banks after a cash purchase due to FINTRAC regulations.
The Canadian bank does not know the source of the original funds at the time of refinancing.
FINTRAC is responsible for preventing money laundering and requires compliance from all real estate professionals in Canada.
Refinancing exists for Canadian citizens, but non-residents, even if they have Canadian citizenship, need professional advice before making offers.
For assistance in buying real estate in Whistler, contact Marion Anderson.