Monthly Archives: March 2011

Abbotsford Statistics

Posted on March 28, 2011 by mrgproperties

I have been getting a lot of questions these days about Abbotsford. Abbotsford is attractive to buyers because you can still get a nice house and a large lot for a reasonable price. The February 2011 statistics for Abbotsford are … Continue reading →

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How will a property having an OCP for high density housing affect a house I am thinking about buying?

Posted on March 26, 2011 by mrgproperties

A house which is in an area zoned for future high density housing has both benefits and concerns. The benefits are that developers may be interested in the area. This increases the base of potential buyers in the future. A … Continue reading →

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What does OCP mean?

Posted on March 25, 2011 by mrgproperties

OCP is short form Realtor lingo for Official Community Plan.   An Official Community Plan is defined by the Local Government Act as broad statements of objectives and policies which guide planning and land use management decisions.  OCPs are forward-thinking and must provide a plan … Continue reading →

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What is Surrey’s policy on Secondary Suites?

Posted on March 24, 2011 by mrgproperties

In December 2010, the City of Surrey adopted a new policy on secondary suites. The new policy allows 1 secondary suite in properties with certain zoning classifications. There are no secondary suites allowed in duplex or other attached buildings. In … Continue reading →

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How do I know I am ready to buy my first home?

Posted on March 11, 2011 by mrgproperties

Being approved for a mortgage is not the only test for being ready to buy a home.  You also need to understand the financial commitment to a home of your own.  The following is a basic list of the obligations that home … Continue reading →

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How can you compare a listing proposal to a private offer?

Posted on March 4, 2011 by mrgproperties

This is a question that was posed to me by an owner who is thinking about listing a property (but has not listed with an agent yet) and who has also been approached by an unrepresented buyer. At first glance, this … Continue reading →

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