Bill Noy | Margaret Ji Hugh & Mckinnon Realty       |       Cell 778-846-6967   Email billnoy@gmail.com

 

renovation

 

Use this step-by-step guide to get your house into selling shape

Buying a home is a decision based on both logic and emotion. And emotion wins. Buying a house is an emotional decision. Buyers are searching for a “home”—a place where they will feel comfortable, secure and happy. Look at your house as a commodity. A buyer’s emotional response is triggered early. “You never get a second chance at a first impression.”  Within seconds, buyers have formed an impression. This impression will not only decide whether or not they make an offer, but also the property's value. When homes create an emotional appeal, they sell quickly—and for more money.

  • Get any needed repairs done. Even things that you've gotten used to, like a squeaky gate.
  • Make sure all your rooms are well lit. You want everything to look bright and spacious. There is a reason that realtors turn on every light available before a showing. Consider putting in brighter bulbs than what you normally use. Remove window coverings that block out sunshine.
  1. Depersonalize Make your home a blank screen for the buyer's fantasy. Over years, a home becomes cluttered with the owners’ lives, covered with touches that make it special.  However buyers need to recognize your home as a property which is their unique place. When a home buyer walks into a room and sees the personal, (photos, trophies, mementos) their ability to picture their own lives in this room is upset. Rent a storage space and keep them there. Do not simply transfer these items to another place in your house as the next step is to minimize clutter, in ALL areas of your house.
  2. Remove the clutter Purge your house of the excess items that have accumulated over the years. This is  hard part for most people. Stand back yourself and see your house as a buyer might. Use a system to help you decide: get rid of all items, for example, you haven’t used in the past five years, and pack up everything that you haven’t used in the past year. Although getting rid of some things might be hard, try to do it without remorse. You’ll be forced to go through this process anyway when you move.

Kitchen:

Home buyers will open your drawers and cabinets. It's as if they want to check to see if there will be enough room for their own stuff. Strange as it might seem, if the drawers appear  crowded, they'll get the idea there isn't enough room.

  1. Remove everything from the counters.
  2. Clean out all the cabinets and drawers. Put aside the dishes, pots and pans that you rarely use and put them in that storage unit you rented.
  3. If you have a “junk drawer,” clear it out.
  4. Get rid of the food  in the pantry that you don’t use.
  5. Remove extra cleaning supplies from the shelves beneath the sink. Make sure this area is as empty as possible. Thoroughly clean this spot and check for any water stains that might indicate leaking pipes. Buyers will look in most cabinets, and will notice signs of damage.
  1. Go through all clothes and shoes. If you don’t wear something get rid of it.
  2. Go through the closet. Be ruthless. Weed out everything you don’t absolutely need.
  3. Remove boxes from the back of the closet. Put them in storage. Get everything off the floor. Closets should look as though they have enough room to hold additional items.

Furniture:

Stand back and look at each room. What will you need to remove? Remember, most homes contain too much furniture. These are items you’ve grown comfortable with however, each room should offer a sense of space, so some furniture will need to be put in storage.

Storage Areas

Basements, garages, attics, and sheds: are the “junkyard” areas of any home. Determine which of these items you actually need. Can some of it be sent to the dump?  Transfer the rest to a rental storage unit. You’ll want to clear the storage areas in your house as much as possible. Buyers want reassurance their own excess belongings will fit in their new home.

One other thing, Put any teenagers or young adults in boarding school or send them off on a foreign vacation...    until you have a solid offer :)

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Canadian Mortgage changes for 2018

  • Last chance to refinance New stress test limits on debt cosolidation reduce the total amount allowed by up to 18%.
  • More business for credit unions  Credit unions are provincially regulated, so borrowers declined by banks can still get credit. However credit unions will be charging higher interest rates.
  • Rough road for home Prices While apartment prices are expected to be steady, all bets are off for detached homes. With more Buyers being shut out of the market there is downward pressure on prices
  • Pressure on the self-employed Lack of income verification will force the self-emloyed to get non-federally mortgages at higher interest rates.
  • 30 is the new 25 30 year amortizations enable Buyers to lower monthly payments and qualify for bigger mortgages.


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The take away from my first Chinese lesson was alarming. In Mandarin it is very easy to call your mother-in-law a horse. This could be a dangerous, if not downright life threatening stuation. The word “Ma” in Mandarin can be said four different ways in Chinese and it means  different things. Learn more

 
妈     mā     mother
麻     má     hemp
马     mǎ     horse
骂     mà     scold
 

I understand that mother-in-laws can certainly scold. However, calling your mother-in-law a horse is certainly pushing it. You see, Mandarin has rising tones, falling tones, steady tones and lastly rising up and falling down tones. And no, I didn’t make up that last one. In English, “Hey Ma!” means “Hello Mother”. It always means the same thing no matter how you say it. 

 
 
 
 

The final straw was when I tried out my newly learned Chinese expression for the English phrase, “It’s Okay”.  没关系

After we completed our offer on a new home my client, the Buyer brought up a number of concerns. Then I thought said in Chinese, “It’s okay”’. But I wasn't saying “It’s okay”. I was in fact repeatedly saying, “Don’t forget”.  不要忘记. bu yao wang ji

 

My client made sure I had all my documents, my laptop and my hat. I was mystified. by her concerns so I made the situation worse by repeating my assurances over and over again. In Chinese the two phrases sound similar to the English ear.

 

Why would I want to learn Chinese? Real estate in South Surrey British Columbia, Canada means dealing with Chinese speaking Buyers and Sellers. I have always had Chinese real estate customers.  

I don’t speak Chinese because I get it wrong. By teaming up with a native Chinese speaking real estate professional like Margaret Ji,  I get te best of both worlds.  Many Chinese realtors will never understand the subtle variations of English, just as I will never completely. understand Chinese. In negotiations, subtle variations in language can tell you volumes about what is really going down. By having two native speakers of each language in the room, you have a team that  covers it all. As a team ...“We speak your language”, means giving you, the customer, complete control.

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5 ways to survive your Home Depot project

  • Research your project first, the internet and YouTube are great resources

  • There are some very knowledgable employees at Home Depot, Lowes and other home improvement stores. There are many, many more employees however who have no idea what they are talking about. 

  • Shop around, if you find. what you are looking for at an other store Home Depot will usually beat that price.

  • Barter. Prices aren’t fixed. Most employees can move down as much as $50 on a price. Managers can often do more. Find store display models and slightly damaged items and offer to buy it at a big reduction

  • Learn how to get rid of your construction garbage. Home improvement creates garbage and lots of it. Learn how to take stuff to your local landfill.

 
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You can do it, we can Help! But not in China

Home Depot’s well used slogan in North America fell flat in China. Home Depot closed all of it’s stores in China after years of losses. Seems like the Chinese needed help but couldn’t get it.

 

But IKEA does well in China

And IKEA makes everybody put everything together themselves. What’s the difference? 

 

Home ownership in China has gone from zero to 70 percent in just a few years. But people in China have little sense of how to furnish a western style home. They are eager to learn from the West. The reason IKEA is popular in China is that it shows what an ideal Western-style home looks like. IKEA shows Chinese consumers how to make their own home look like a western style home by followwing te step by step instructions. But a Home Depot project is more difficult. You have to do research, buy tools and learn techniques. For many this is just too hard. Do it yourself was more like do it for me.

 
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I have just sold a property at 215 1850 SOUTHMERE CRES E in Surrey.
Great apartment! Great investment! RAINSCREENED. New windows, balconies, patio doors, elevator, fences, windows and doors. Roof replaced 2009. Boiler replaced 2007. RENTALS ALLOWED. One cat - no dogs. NO AGE RESTRICTIONS. Sunny and open with lots of natural light. Safe, gated outdoor pool for summer fun. Well maintained building with updated hallways and new carpet. Kitchen updated in 2008 with new cabinets, appliances, sink faucet and tile. Bathroom, updated with new toilet, vanity and tile. Newer laminate flooring throughout. Easy half block to direct transit to Vancouver. Bright, clean and well cared for this cozy apartment is close to everything.
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I have just sold a property at 202 1850 SOUTHMERE CRES E in Surrey.
Great apartment! Great investment! RAINSCREENED. New windows, balconies, patio doors, elevator, fences, windows and doors. Roof replaced 2009. Boiler replaced 2007. RENTALS ALLOWED. One cat - no dogs. NO AGE RESTRICTIONS. Stainless steel appliances and brand new Bosch dishwasher. Sunny and open with lots of natural light. Safe, gated outdoor pool for summer fun. COFFERED ceilings. Easy half block to direct transit to Vancouver. Bright, clean and well cared for this cosy apartment is close to everything.
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I have just sold a property at 303 1360 MARTIN ST in White Rock.
Quiet top floor apartment. Enjoy the morning light from your extra large (150 square feet) private balcony. This serene and bright, clean and well cared for, this cosy home faces away from the street. Nothing to do but move-in. Great building with a pro-active strata council. Depreciation report available. Centrally located just steps away from White Rock shopping. A half block walk away from direct transit to Vancouver. A few blocks from West Beach restaurants and White Rock Beach and pier. Low strata fees. Open House Sunday, October 29, 2 to 4 pm.
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I have just sold a property at 17154 26A AVE in Surrey.
Great Feng Shiu. Beautiful rancher with a sunny south facing back yard. Private, rectangular one acre plus property! Back yard paradise with built-in outdoor brick fireplace and BBQ on the covered 1062 ft rear deck entertainment area. Meticulously landscaped. Loft over the garage. Easy walking to new Pacific Heights elementary school. Easy drive to Southridge Private school. Brand new Grandview Heights Swimming pool and Fitness Centre nearby. Showings by appointment on Wednesday and Saturday afternoon only. Accepted offer
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I have just sold a property at 301 1354 WINTER ST in White Rock.
Ocean views from every room ! Upper floor, corner unit. Spectacular ocean view sunsets. Freshly renovated, completely overhauled bathroom with new fixtures and beautiful Carrara tile work. Updated with new toilet, bath, shower and tile. Stylish, two sink vanity. Bright, renovated open concept kitchen with stainless steel appliances, quartz counters and a skylight. Quality laminate/ Bamboo flooring and crown moulding throughout. Walking distance to shopping and White Rock beach. 2nd bedroom includes a queen sized Murphy bed with a top-end mattress that also has a fold out desk when the bed is folded up. Well maintained, partially rainscreened, quiet building with updated roof and boiler. Pro-active strata council. Quiet street with a fantastic view.
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I have just sold a property at 14485 BLACKBURN CRES in White Rock.
Great Feng Shui. 8,500 Square foot wide, flat lot with panoramic southern ocean view from new build. Quiet wide street with back lane access. One of the few premiere building lots left in this attractive area. Close to Centennial Park playing fields, tennis courts, ice rink and activity centre. Walk through the park to the Ocean. Semiahmoo High School catchment with IB Program. Shopping and transit to Vancouver nearby. Sold.
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I have just sold a property at 215 1850 SOUTHMERE CRES E in Surrey.
Great Investment! Great Deal!! Recently RAIN-SCREENED. NEW balconies, elevator, fences, windows and doors. Roof replaced 2009. Boiler replaced 2007. RENTALS ALLOWED. NO AGE RESTRICTIONS. Bright clean and well cared for, this cozy apartment is just steps to everything! Next to library and across from shopping. Half block from direct transit into Vancouver. Easy walk to the parks and schools nearby. Lots of natural light, sunny, bright and open. Well maintained building with updated hallways and new carpet. Kitchen updated in 2008 with new cabinets, appliances, sink, faucet and tile. Bathroom updated with new toilet, vanity and tile. Newer laminate flooring throughout. A safe, well maintained, outdoor gated pool for summer fun. Sold.
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I have just sold a property at 209 10720 138 ST in Surrey.
Vista Ridge! Solid and problem-free, quality construction by Intrawest. Spacious 2 bdrm + 2 baths. Conveniently located in an up and coming, vibrant Whalley neighbourhood. Unit has a large and private south facing balcony. Cozy living room with gas fireplace. Bay windows in both bedrooms. Walking distance to schools. SFU campus, Central City Shopping, Skytrain and future light rail. Great for first time buyers, commuters and downsizers. SOLD FIRM
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I have just sold a property at 7887 117A ST in Delta.
Investor Alert !!! Rare opportunity to purchase both sides of a side by side Duplex!! SOLD FIRM
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I have just sold a property at 307 1450 MERKLIN ST in White Rock.
Beautiful and bright top floor suite on the quiet side of the building. Over $60,000 spent in renovations. Updated bathroom with new sink, toilet and cabinets, 2 bedrooms, 2 full bathrooms. 1270 sqft new kitchen - completely renovated from top to bottom. Top to bottom with new quartz counters, cabinets and backsplash. New lighting and new hardwood floors in bedrooms. Vaulted ceilings and skylights. 2 parking spaces. Well managed with a pro-active strata. Great building with new roof and depreciation report. New skylights to be installed as part of roof replacement.Heat and gas included in strata fees. One cat OK. SOLD
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I have just sold a property at 12789 20 AVE in Surrey.
Great deal for investors or small families. Over $70,000 in renovations. 3 bedroom, 3 bathroom upper suite with lots of light, a front patio and a back balcony. 2 bedroom completely renovated ground floor suite with back garden. Separate laundries for each living unit. 2 car garage. Great neighbourhood. Easy walking distance to Ocean Cliff Elementary and Elgin Secondary. Open Houses Sat. June 25 and Sun. 26, 2-4 pm. Showings by appointment, June 24, 1 - 5 pm.
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I have just sold a property at 971 KEIL ST in White Rock.
Custom built, 3507 sq.ft. 3 level hillside view home. Enjoy panoramic views of Mt. Baker and Semiahmoo Bay & Gulf island sunset from wrap around sundecks. Private deck off every bedroom. Great for entertaining! Features light flooded open plan family, dining and living rooms with new hardwood flooring. Updated kitchen with wall to wall granite, custom cabinetry & newer appliances. Foyer & hallway feature granite flooring leading to 3 bedrooms, den and spacious laundry room. Brand new washer & dryer still under warranty. Master retreat includes covered deck, jetted tub in the updated ensuite & walk in closet with built ins. This home is fully networked for computer throughout. Flooring & top of the line radiant heating are ideal for family member with allergies. Walk out inlaw suite includes self contained laundry.
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