Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Market Update • 11 January 2023

New Cooling off Period for Buyers

by Julia Thompson

Jan 1, 2023 the BC Provincial Government enacted legislation giving Home Buyers a 3 day Rescission Period – This involves residential real estate, it cannot be waived and should the Buyer exercise their right to rescind the contract they will pay a penalty to the Seller of .25%  of the purchase price. Check out this video, or call me for full details!

Related Articles
Market Update Home Buyer Rescission / Cooling off Period The BC Government has implemented a 3 day Home Buyer Rescission Period. Home buyers will now have 3 days after offer acceptance to change their mind – If the Buyer rescinds their contract during the 3 days they will have to pay a penalty to the Seller of .25% of the agreed upon purchase price. […]
Market Update Happy New Year – 2023 Market update!   Happy New Year! We would like to share our December 2023 EYE ON THE MARKET!  Home sales in the Fraser Valley dropped six per cent in December, capping off a year that saw the lowest annual sales recorded in the Fraser Valley in 10 years. High interest rates kept a lid on sales in […]
Foreign Buyer Ban for 2 years (to 2025) The Federal Government has imposed a Foreign Buyer Ban on residential real estate in Canada. Starting in January 2023, non-Canadians will be banned from buying homes across Canada, through the Prohibition on the Purchase of Residential Property by Non-Canadians Act. This Act prohibits non-citizens and non-permanent residents from purchasing residential property in Canada for two years. The Act […]

CENTURY 21 Coastal Realty Ltd.

INFO & SERVICES

#105-7928 128th Street, Surrey, BC V3W4E8

OFFICE
CELL
(604) 618-7142
E-MAIL
julia.thompson@century21.ca

Find a Home

Careers

Terms & Conditions

Privacy Policy

link to Julia Thompson's facebook page Link to Julia Thompson's Instagram page
C21 Canada logo

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.

© 2021 MoxiWorks