COVID 19 – FINANCIAL RESOURCES FOR BC RESIDENTS AND BUSINESSES

There is absolutely no doubt about it, we are facing a very challenging time due to the COVID 19 virus. It is impossible to turn on any kind of media and not be bombarded with facts and figures about contamination and fatality numbers. Social distancing and self isolation, things that we had never heard of a few weeks ago have become the forefront of our lives. We are isolated from our loved ones, friends and co-workers and we don’t know when this pandemic will come to an end.

One of the major effects of the pandemic is on businesses, large and small. One after another businesses are having to shut down and the knock on effect of this is laying off employees. Hard working Canadians are suddenly finding themselves without a pay cheque, no way to pay their rent or Mortgage or put food on the table.

The Government of Canada has recognized the catastrophic ramifications of the virus on a huge sector of the population and as such, they have put in place several remedies in response to this situation.

Click on the article below from Weebly.com for great information on available support from the Government

SUPPORT FOR INDIVIDUALS AND FAMILY

From individual payments to Canadian Residents, to covering 75% of the wage bills for businesses, there is help for people that need it.

 

 

 

 


FOR SALE – MAPLE RIDGE – 6 ACRE DEVELOPMENT OPPORTUNITY

26809 118 Avenue – Designated Suburban Residential in the OCP outside of the ALR. This is the perfect development property with no creeks or easements. Just over 6 acres with a gentle slope, Live now and develop later or keep as a great holding property with great rental income while you start the development process. Potential to rezone for 5 – 1 acre parcels as others are in the process of doing in the area (Please verify with the City Of Maple Ridge for all potential development options). Buy now before land prices keep rising! Call or email for an info package. DO NOT GO ON THE PROPERTY WITHOUT AN APPOINTMENT.


FOR SALE – CLOVERDALE – 6 BED – 5 BATH HOME WITH 2 BED MORTGAGE HELPER

5898 168 Street – Located in beautiful Richardson Ridge in Cloverdale, this semi- custom family home offers a fantastic layout, featuring 6 bedrooms & 5 bathrooms including a 2 bed main floor mortgage helper! Main floor features elegant cherry oak hardwood floors & over height ceilings. Kitchen boats updated LG stainless steel appliances plus eating nook. Upstairs has open walkways with railings for a light, spacious feel. Four bedrooms, 2 with ensuite & 2 with Jack& Jill bath. Meticulous front yard appeal with decorative landscaping curbing. The huge 28’ x 42 back patio has 6‘ 6 high custom aluminum fencing for max privacy & low maintenance. Includes 21 x 12 covered area. Rear lane parking for 8 or RV parking. Roof replaced in 2019! Just a 5 min walk to Surrey Centre Elementary & Catchment for .

Call Garry Voigt for more info 604 789 2140 or email info@garryvoigt.com


A MESSAGE TO OUR FRIENDS AND CLIENTS

Dear Valued Clients and Friends,

We wanted to take a moment to give everyone an update on how business is being conducted as well as Real Estate in general during these uncertain times. We know that unfortunately we cannot continue business as usual. By nature our day to day lives mean meeting people, it is the part of the job that we love most. However, social distancing is essential in the fight against COVID-19. We all need to do our part and luckily, we have the technology to do so. We already conduct a lot of our business through electronic signing and now instead of meeting face to face we are utilizing video conferencing.

Lots of you may have questions or concerns about your mortgage payment. We work very closely with the highly experienced team at Thrive Mortgage CO who have been very proactive in sending out information regarding deferring your mortgage, how it works and if is it the right thing for you. We have supplied some links below that may help answer some questions:

Should You Defer Your Mortgage? 3 Things To Consider

5 Steps  To Defer Your Mortgage

Coronavirus Mortgage Resources: Mortgage Deferrals & Your Mortgage Questions

At a Brokerage level, our Royal LePage Wolstencroft office made the very tough decision to close its doors last week temporarily until this blows over. But no need to worry, the amazing Management and Conveyance team are all working remotely from home, keeping our business going and still servicing our clients in the same way they always have!

There are going to be some circumstances when we will need to conduct business in person, and we need to take measures to protect ourselves and you. If you are in a situation where you feel that you still need to view properties, there are things that we can do to protect ourselves and others when viewing properties.

Buyers:

  1. We will only view homes if you absolutely have to, for example, if you have already sold your home and you need to find somewhere to live, you will need to view homes, and we are here for you. We will take extreme caution and be using disinfectant wipes, gloves and hand sanitizer. This being said, homes will only be shown on a case by case basis.
  2. If you do not feel well STAY AT HOME! Any sniffles, aches, sore throat, no matter how mild, out of respect to us and the people around you please do as instructed and self-isolate for a minimum of 14 days. There are other ways we can show you the home.
  3. If you are viewing a home, please DON’T TOUCH ANYTHING! If you are curious what the closet looks like and the door is closed, leave it closed. We have gloves to provide however we are seeing a lot of homeowners not wanting anything touched in the home and we must respect that.
  4. If you do meet us in person please respect the social distancing, ensure we stay minimum 2 meters away at ALL times.

Sellers:

If you do choose to continue having viewings at your property, here are some things to think about:

  1. Consider having a box of disposable gloves readily available with a sign asking viewers to use them whilst touring your home. These are available to purchase on Amazon if you cannot find them in stores.
  2. Switch on all lights and open all doors to rooms, closets etc. so that no-one needs to touch door handles
  3. After the viewing, use disinfectant on the front and back door handles.
  4. On our side, we can request that Buyer’s Agents not allow their clients to touch anything inside your home, just simply walk around and look and of course ask if they have been experiencing any cold or flu like symptoms to stay home!

If you have an upcoming closing, we have probably already been in touch with you at some point. It is imperative that you get in touch with your lawyer and ask them to keep you updated with their situation. Don’t forget, you have to meet at your lawyers in person to sign. In these uncertain times, lawyers are working on measures to do this meeting remotely, however nothing has been passed yet. So we reiterate again, if you have a closing come up, please reach out to your lawyer or notary to ask for continued updates.

Lastly, in a time filled with so much negativity, we want everyone to know, especially clients, don’t be afraid to reach out. If you are receiving this email, most likely we have had a past relationship of some sort, whether we have shown you homes or had the privilege to work with you or your family to sell a home. We have most likely shared a number of laughs, stories and maybe even tears! (Happy ones of course). We feel like we get the great opportunity to get to know every one of you at a personal level, so don’t hesitate to reach out to chat, we are here for you especially during this time! Most importantly, take care of yourself, your family and take the proper precautions! We will get through this !

If you have any questions or concerns, call me at any time 604-789-2140. Thank you for your understanding and continued loyalty and support.

Sincerely,
Garry Voigt
Garry Voigt Real Estate Group


WATCH THIS VIDEO OF OUR PARTNERS AT THRIVE MORTGAGE ANSWER SOME COMMON QUESTIONS ABOUT MORTGAGE DEFERRAL

 


THE WONDERFULLY UNIQUE HEMP HOUSE IS SOLD

We are extremely excited to announce the successful sale of the coveted “Hemp House”. A truly unique, one of a kind, architectural masterpiece. Another one will not come along like it! Congratulations to our sellers and thank you for allowing us the opportunity to market this masterpiece, as well as congratulations to the buyers for acquiring a beautiful home and property.


JUST LISTED – 2 BED – 2 BATH CONDO IN A HOT ABBOTSFORD LOCATION!

Welcome to COLLEGE PARK PLACE. This 2 bed 2 bath open plan unit is light and bright & Benefits from southern exposure. The great layout has bedrooms separated by the living space for max privacy & has 2 full bathrooms. Stylish laminate flooring throughout, crown molding & updated pot lights in living room. Tons of storage, BONUS, 2 large pantries & laundry/storage room, side by side washer dryer & cabinets. Master bedroom could fit a king bed & has walkthrough his and hers closets. Spend winter in front of the cozy gas fireplace (gas included) or sun filled summer days on the south facing deck. 2 parking spaces. Excellent CENTRAL location, minutes to highway 1, walking & biking trails, shopping, restaurants, Abbotsford Events Centre and the University Of Fraser Valley.


CHECK OUT THE LATEST SNAPSTATS FOR THE FRASER VALLEY FOR FEBRUARY 2020

Check out the latest SnapStats for the Fraser Valley for February 2020. Sales are up and there has been a slight increase in sales prices indicating that we are in a ‘Sellers Market’. We are once again seeing multiple offer situations not only in condos and townhomes but also single family homes. Inventory is low and there are a lot of buyers out there!!

Contact Garry Voigt today for more information 604 789 2140 or info@garryvoigt.com

 

This report data was captured on March 2, 2020 from the Fraser Valley Real Estate Board MLS® . Refer to our YTD reports for sustained periods of the Sales Ratio % . The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Garry Voigt do not assume any responsibility or liability. More info at snap-stats.com .


BANK OF CANADA REDUCES THE BENCHMARK INTEREST RATES BY 50 BASE POINTS

The Bank Of Canada today announced that they were reducing the benchmark interest rate from 1.75% to 1.25%.

The outbreak of Cornavirus is having a negative impact on the global economy and according to the Bank Of Canada “a material negative shock” to Canadian and global outlooks.

The slash in the interest rate, coupled with the relaxation in the street test could me more borrowing power for buyers. The market is already hot right now with many buyers once again finding themselves in multiple offer situations. Now is definitely a good time to list!

Contact Garry Voigt for more information 604 789 2140 or info@garryvoigt.com.

Click on the links below for more information.

Globe and Mail

 


SOLD – JUST 2 DAYS ON THE MARKET – 2 BED – 2 BATH TOWNHOUSE – LANGLEY

31 5388 201a Street. SOLD in just 2 days! The market is hot, inventory is low and there are lots of buyers out there. There has never been a better time to list your home!! If you want to get the conversation started and learn about we can help you get top dollar for your home call Garry Voigt today 604 789 2140!