Category Archives: Real Estate

We Treat You Fairly When We Buy Houses

Let’s face it: investors have a reputation sometimes for being predatory in their selling methodologies and in the way they approach people. Perhaps this is because investors have a quota for sales to meet regularly, so they feel pressured to sell homes and other real estate properties as quick as they can to the nearest available buyer. But what if the investor approaches you with this offer: “we treat you fairly when we buy houses”? Would you be startled? Of course! What a switch, we might say – they not only want to buy your home, but they promise to treat you fairly!

Well, believe it or not, there are really investors who promise fair treatment to all who listen to their marketing spiel “we buy houses for quick cash” which as of late has been transformed to “we treat you fairly when we buy houses”. Not only will such investors offer to buy your home regardless of the amount of equity remaining in it, or the condition it is in, but they promise to make the process of selling your home as painless as possible, because “we buy houses for quick cash”. Cash money talks and it talks big in the real estate industry, where homes can be put up on the market for a long time yet merit no more than a few cursory visits by tepid potential buyers. If your investor tells you “we buy houses for quick cash“, that is nothing to laugh at. That is actually a boon for you – particularly if you need cash money badly.

Some investors will even go as far as finding the appropriate financing for future buyers of the homes that they have on their roster. So “we buy houses for quick cash” later turns into ads stating “we sell affordable homes, and may even provide financing for you”. Appropriate financing is a must for people who are on a fixed income, are starting out in their respective careers, who must juggle other financial responsibilities (like car payments) in addition to buying a new house; or are still getting their education. These investors who tell you “we buy houses for quick cash” will later tell the public “we sell homes at affordable prices” – because basically that is how they make a living. If you are looking for an affordable home, consider buying a second-hand home (meaning one that has been lived in by another family or couple before) because it costs less, and may have the features that you are looking for.

It is always hard finding someone you can trust (in any business actually.) But don’t go around thinking that all investors are out to get you. There are still good eggs in the bunch who will grant you a good deal (whether you are buying or selling a piece of property.) So look for investors who will not only tell you “we buy houses for quick cash” but also follow up that statement with “and we will treat you fairly when we buy houses”.

What Factors Are Behind The Kelowna Real Estate Boom?

The Canadian province of British Columbia is a place of extreme beauty. Kelowna real estate is crying out for new listings. This is a good time to put a property up for sale.

What is driving this interest in property? Perhaps it is the long, meandering Lake Okanagan passing through the city. The province is on the west coast of Canada. Kelowna, aka Orchard City or K-town, is in the middle of BC on a line of latitude that bisects Vancouver Island.

The first settlers in the town arrived from France in 1859. The city was incorporated in 1905. The climate of the area is described as humid continental. This means it experiences sunny, dry summers; cloudy, cold winters and four distinct seasons. It has an elevation of only 344 metres. Notable people from Kelowna include WAC Bennett, the late Premier of British Columbia, sports figures including Jason and Mike Crumb, Byron Dafoe and Tyler Shelast.

A large chunk of the local economy is financed by tourism. Visitors come for hiking, golf, boating and cycling in the warmer months of late spring and summer, while it is Alpine and Nordic skiers who take their vacations here in winter, staying at the nearby resorts of Silver Star and Big White. There is plenty to do here all year round. Historic attractions include the Benvoulin Heritage Church, the Laurel Building and Father Pandosy Mission. Wine country, of course is popular with tourists and there are various social events throughout the year with wine at the center.

The town is completely surrounded by huge nature reserves, placing it at the center of a huge oxygen factory. Greystone and Trepanier protected areas form the east-west axis of tranquility, while Fintry and Myra-Bellevue provincial parks form the south-north.

Wine production is another major industry in Kelowna. Most of the vineyards are south of the town, where the climate is most favorable for vineyards. A fire that started in Okanagan Mountain Park demolished two of them in 2003, but they have since been resurrected. In 2014, the area was named one of the ten best wine regions to visit by USA today.

The city is also home to a popular soft drink manufacturer. The city is also home to two institutions of higher learning, the University of British Columbia, home to 8,000 students, and Okanagan College, which boasts 5,000 students. Faculties at the Okanagan campus of UBC include Creative and Critical Studies, Education, Applied Science, Health and Social Development, Management and Medicine.

The quality of life in Kelowna is considered to be very high by organizations who monitor a variety of factors and publish quantitative data. Purchasing power, safety and health care are rated moderate to high, while negative QOL indicators, such as consumer price index, pollution, traffic and the property price to income ratio are all low.

The town has been immortalized on the silver screen. Both Shed and Shed 2, snowboarding films, were both shot at Big White ski resort, as was the cult thriller/horror/comedy/zombie film, Fido. The latter film was set in the 1950s and involved a cloud of cosmic radiation that turned the dead into the nearly dead.

Public transportation is limited, probably owing to the local devotion to the automobile, which is responsible for two-thirds of the total greenhouse emissions in Kelowna. What bus services there are are overseen by the Kelowna Regional Transit System (KRTS).

Living in Kelowna is idyllic by anyone’s estimation. Wherever you look, there is nature. There is plenty of room to move and an obviously high quality of life. Crime rates are low. They seem to be associated with misbehavior at events where alcohol is served and even these are few and far between. The high demand for homes is hardly surprising and this is a good time to sell. However, the place is bound to increase in popularity, making it also a good time to invest, either as a first or second home or as an investment.