MICHAUD GARDENS, This, large 2 bed, 2 bath condo is one level up from the ground floor & has one of the best layouts in the building with bedrooms at opposite ends for privacy. Laminate flooring flows through the open concept dining and living room with cozy fireplace. Every window looks out onto an east facing deck that overlooks private greenspace. Bright, white, eat in kitchen has a pantry & plenty of cabinet & counter space. Large master, big enough for a king, walkthrough his & hers closets lead to ensuite with soaker tub + 2nd bed has adjacent bathroom. Bonus Laundry room with tons of extra storage space. Beautiful grounds with pond/water fountain + full amenity room. Steps to Linwood Park & just blocks from shopping. 1 parking space & ample street parking. Well maintained 19+ building.
For more information, contact Garry Voigt 604 789 2140 – firstname.lastname@example.org
The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September, an increase of 66.1 per cent compared to the same month last year and an increase of 9.4 per cent compared to August 2020. This is the highest recorded sales for September in the history of FVREB.
In the last three months, Fraser Valley has seen a defined shift in demand towards single family detached homes with sales in July through to September garnering 47 per cent of the three main residential types, compared to 43 per cent during the same period last year.
*Stats above based off data from Fraser Valley Real Estate Board stats centre.
For more information contact Garry Voigt – 604 789 2140 – email@example.com
Townhomes like this don’t come up often! This 2 story home has an incredible layout with MASTER bed on the main, over 2500 sq/ft of living space & HUGE fully fenced west facing backyard, perfect for the furry friend! Main floor features a bright OPEN floor plan with a good-sized bedroom, crown moulding, white shaker style cabinets, stainless French door fridge & eat up Island leading onto the oversized deck, perfect for entertaining! The master features a SPA like ensuite, big tub + shower & W/I closet. Fully finished lower floor with its own separate entrance has 2 further beds, full bath, large rec & family room, den, tons of storage and bonus kitchenette, perfect for guests or teenagers! Located in the heart of Abbotsford, walking distance of Mill Lake walking trails & Sevenoaks Mall!
For more information contact Garry Voigt 604 789 2140 – firstname.lastname@example.org.
WELCOME TO LATITUDE! This UNIQUE ground floor, CORNER, 2 bed & 2 bath unit has NO neighbours, nobody above or below! This past SHOWHOME unit received extras including french doors accessing to a large fully fenced patio! This home features a bright, open floor plan, high end kitchen with stainless steel appliances, eat up island and ample cabinet and counter space with under cabinet lighting. 2 good size bedrooms & 2 full baths, master ensuite has double sink with frameless shower! + BONUS $3500 in custom closet organizer upgrades. The building has great features such as fitness room, party room with pool table & kitchen, + very secure fenced 8000 sq/ft courtyard with outdoor play area & garden blocks. Steps to transit, Panorama Village and walkable to Elementary and Secondary schools.
For more information call or email Garry Voigt 604 789 2140 email@example.com
Welcome to BLACKBERRY LANE 3! Here is your opportunity to own a FULLY RENOVATED CORNER UNIT condo featuring beautiful new laminate floors throughout, STUNNING kitchen with white shaker soft close cabinets with under cabinet lighting, new bathrooms, paint, the list goes on! OPEN layout offers a large dining area, GAS fireplace with stone surround spacious 1181 sq/ft unit with a large south east facing COVERED deck. Ample PRIVACY with rooms on the opposite side of the unit. Oversized master features a CUSTOM walk in closet & will fit a king bed, en suite features rainfall shower, custom built linen closet & Frameless glass. Very QUIET building with tons of updates including decks, roof & boiler in 2018. 2 parking, storage locker and just steps to Linwood Park & off leash dog park. Don’t wait
Call or email Garry Voigt 604-789-2140 firstname.lastname@example.org
Check out the latest SnapStats for the Fraser Valley. After the affects of the Covid19 pandemic bought things to a halt in March and April, we started to slowly see a recover through May with a huge surge of market activity in June! Sales in June 2020 were up 115% over May 2020. The latest SnapStats indicate that we are in a sellers market** and we are once again seeing multiple offers and listings being sold within days of hitting the market.
For more information on the current Real Estate market, call or email Garry Voigt 604 789 2140 or email@example.com.
**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 .
7849 160a Street Nestled in a quiet Cul De Sac in desirable Hazelwood Hills, steps from Fleetwood Park.The grand entry features an elegant curved staircase & main floor has updated flooring, bedroom & bath with shower, formal living/dining room with gas fireplace + huge bay window for tons of light, Kitchen with oversized eat up island leads to family room with gas fireplace, VAULTED ceilings and built in WET BAR! Upstairs boasts HUGE master bed, 5 piece ensuite with double jetted tub & separate shower. 3 other large bedrooms, updated full bathroom & big games room/5th bedroom? Tons of parking in the front + PRIVATE stunning back yard that for entertaining with tons of room for the kids on a huge 9000 sq/ft lot. Walk to William Watson Elementary and Fleetwood Secondary. A home the whole family will love!
Contact Garry Voigt for more info 604 789 2140 – firstname.lastname@example.org
311 13344 102a Street. Location Location Location! Welcome to The Village in Central Surrey – NO CAR NEEDED! This 1 bed, 1 bath condo is about as central as you can get but on a peaceful street! Walking distance to the beautiful Holland Park, one block from S.F.U, walk to Surrey Central Mall, Surrey Rec Centre and Sky Train, bus loop and big box stores. Nice open plan living and dining room with newer laminate flooring has large windows with sliding doors onto the good size patio. Kitchen has serving hatch allowing in more natural light and a good amount of counter space. Good size bedroom plenty big enough for a queen bed. Not only is the location great but rentals are allowed, making this condo an amazing investment opportunity or perfect for your first time buyers. Don’t wait on this one!
20552 96a Street – Property like this one rarely comes on the market in Langley! This amazing 7079 sq ft cul-de-sac lot is backing onto picturesque greenbelt in desirable Walnut Grove with a beautiful open view of the creek. Private fully fenced backyard is completely redone with a resort like setting complete with 18×36 kidney shaped INGROUND pool, newer HOT TUB and GAZEBO with built in bar, TV and huge wrap around deck. Sundeck is spacious with custom made benches by the pool and second BAR with built-in fridge and seating area. This beautiful and spacious family home is freshly renovated with 4 bedrooms up, large master bedroom has brand new spa like master bath, custom made kitchen with tons of storage, SS appliances and Air Conditioning. This house has it all! Call Garry Voigt for more information 604 789 2140 – email@example.com
CMHC has announced new changes coming on July 1st. You can read the official CMHC announcement here. But here’s a quick summary of the changes:
– Minimum Credit Score rises from 600 to 680
– Maximum GDS drops to 35% (formerly 39%)
– Maximum TDS drops to 42% (formerly 44%)
– Borrowed Down payments are banned
Do you need to panic?
Not necessarily as there are 3 insurers in Canada. So far CMHC is the only one that has announced any changes. It is possible that the other 2 mortgage insurers (Genworth & Canada Guaranty), won’t follow at all, or they’ll only follow some of the rules. In fact, it might be a good competitive advantage for them not to follow all of the changes (unless mandated by the federal government). We may hear from the other 2 insurers early next week.
What does each change mean?
No More Borrowed Down payment – This isn’t really a big deal at all, as virtually zero lenders participated in this program, and the way this program worked it was pretty much an un-used program anyways. In fact, as you read this, you likely didn’t even know this program was still an option.
Credit Score Requirement – CMHC now requires a minimum 680 credit score (for 1 borrower). Previously it was 600. CMHC says that less than 6% of their mortgage applications this year had scores below 680, so it should not really affect a lot of CMHC buyers anyways…but it will affect some.
35/42 GDS/TDS – This is without a doubt the biggest announced change, and it could potentially have the largest effect on the lower end of the real estate market. This could affect an average borrower anywhere from 12% or more on their borrowing power. For example if you qualified to borrow $500,000 before, your maximum mortgage is now reduced to about $440,000.
Why are they doing this?
This only affects people buying homes after July 1st. And it will mostly affect the purchasing power of the youngest, the lowest income and lowest down payment buyers.
It won’t affect any of the following types of mortgage borrowers:
– Any buyer with over 20% down payment
– Any buyer of a home valued more than $1 Million
– Rental property purchasers
– Anyone refinancing their mortgage
– Anyone renewing their mortgage.
So, it only affects a very small portion of home buyers in the lower mainland. Unfortunately this could meant that it’s the first-time buyers that are hurt the most. Those same first-time buyers that were hurt the most from the mortgage stress test.
If you’re preapproved, and you’re intending to buy a home with less than 20% down payment, you definitely need to speak to us about how this might affect you. It might put some urgency to buy a home before July 1st.