Buyers and Sellers

When considering buying a Nanaimo condo for sale, it's recommended that you carefully review strata documentation on the condo or townhome. Part of the buying process, when buying a condo, is to familiarize yourself with how well run the condo complex is.

Strata documents tell you about…

When taking out a mortgage, to purchase a home in Nanaimo, one of the closing costs will be title insurance which protects the lender and is only a one-time charge. So what exactly is title insurance? It is a policy that covers third-party claims on a property that doesn't show up in the initial…

Residents of British Columbia have to be aware of a colourless, odourless radioactive gas called radon. The gas is released from the breakdown of uranium, which is naturally present in rock, soil and groundwater. The gas becomes diluted with oxygen and other gases when released outdoors, posing…

Many people buying homes in Nanaimo will turn to a HELOC to finance the purchase of a second property. A home equity line of credit, also called HELOC, is a line of credit secured by your home that gives you a revolving credit line to use for significant expenses or to consolidate higher-…

Buying a home can be complicated, especially for first-time buyers who have never been through the process before. One confusing thing can be the closing costs which is often misunderstood. Many buyers do not have an idea of what to expect and how much they will have to pay. Closing costs are…

Buying & selling real estate in Nanaimo can be complicated during normal circumstances. COVID-19 (commonly referred to as "the coronavirus") has made the process that much more challenging. While it is not business as usual it is still possible to buy and sell a home in Nanaimo if Realtors…

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