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Brendan Connolly

Vancouver Real Estate: Westside, Eastside & Downtown

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Residential Real Estate Consultant

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Liability for strata insurance deductibles

June 20, 2019 By Brendan Connolly Leave a Comment

Many strata owners do not know they may be personally liable to reimburse their strata corporation for its insurance deductible, the portion of the loss the insured must pay in an insurance claim, which can be many thousands of dollars. The British Columbia Law Institute's formidable committee of strata experts (the "Committee") recently recommended changes to the Strata Property Act, which would require most owners to insure themselves against this liability.1 The Committee … [Read more...] about Liability for strata insurance deductibles

Filed Under: Resources & strategies

31 ways for home buyers, sellers and owners to save money
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31 ways home buyers, sellers and owners can save money

May 9, 2019 By Brendan Connolly Leave a Comment

Are you looking to save money? We can help! Here's 31 ways BC home buyers, sellers, and owners can save money. 1. BC Property Transfer Tax (PTT) First-Time Home Buyers’ Program Qualifying first-time buyers may be exempt from paying the PTT of one per cent on the first $200,000 and two per cent on the remainder of the purchase price of a resale home priced up to $500,000. There is a proportional exemption for homes priced between $500,000 and $525,000. At $525,000 and above exemption is … [Read more...] about 31 ways home buyers, sellers and owners can save money

Filed Under: Resources & strategies

Fall leaves
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Fall home maintenance checklist

September 18, 2017 By Brendan Connolly 2 Comments

Vancouver's rainy season is almost upon us. The days are getting noticeably shorter, and the leaves are beginning to turn. Use this handy list to prepare your home for autumn weather and help prevent damage and losses. Do you need help finishing any lingering yard work or home repairs? Give me a call! I can recommend professionals in almost any home related field – like contractors, designers, landscape companies, junk removal services, handy people, and more. Out … [Read more...] about Fall home maintenance checklist

Filed Under: Resources & strategies Tagged With: home maintenance, loss prevention, seasonal repairs

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Foreign buyer tax impact

August 16, 2017 By Brendan Connolly Leave a Comment

On August 1, 2016, the provincial government implemented an additional 15 per cent Property Transfer Tax on all residential sales transactions by foreign entities in Metro Vancouver. Home sales had already been cooling since spring 2016, and simply comparing a lower level of sales in August to the heights of the market in the early part of the year would dramatically overstate the impact. To analyze the impact in a more meaningful way, BCREA simulated how home sales in the Real Estate … [Read more...] about Foreign buyer tax impact

Filed Under: Resources & strategies Tagged With: foreign buyers tax, property transfer tax, ptt

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Checklist for buying and selling property with an oil tank

June 27, 2017 By Brendan Connolly Leave a Comment

Is there an underground storage tank (UST)? Oil tank detection and removal is a big deal in North America. Whether you are in Vancouver or Virginia, local authorities will have regulations in place to unwind mistakes of the past and make this planet great again ;)  Virginia based Willard Environmental Group have some outstanding information on their website and kindly provided this handy checklist outlining what to look for if you are buying or selling a home that may contain an … [Read more...] about Checklist for buying and selling property with an oil tank

Filed Under: Resources & strategies Tagged With: oil tank detection, soil contamination, tank scanning service, underground storage tank, ust

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Housing needs vs. housing wants

June 13, 2017 By Brendan Connolly Leave a Comment

As the Canadian real estate market becomes even more competitive,  buyers are having to make tough choices when it comes to choosing between their housing needs and wants. Before you lose out on purchasing that potential dream home, learn how to weigh your wish list against a reality check. Weigh it up … [Read more...] about Housing needs vs. housing wants

Filed Under: Resources & strategies

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Summer home maintenance checklist

May 10, 2017 By Brendan Connolly Leave a Comment

Summer is almost officially here and no doubt you can't wait to spend time outdoors. Before you head off for a well deserved holiday, take the time to check the following home maintenance tasks off your to-do list. Do you need help with yard work or home repairs? Give me a call! I can recommend professionals in almost any home related field – like contractors, designers, landscape companies, junk removal services, handy people, and more. Out in the … [Read more...] about Summer home maintenance checklist

Filed Under: Resources & strategies Tagged With: home maintenance, seasonal repairs

real estate closing costs
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Countdown to closing. What you can expect to pay beyond the purchase price.

April 19, 2017 By Brendan Connolly Leave a Comment

If you’re buying a home, it’s important to understand all the costs involved in completing the deal, in addition to the price you’re paying for your new home. Here’s an overview. Mortgage application Lenders may charge a mortgage application fee, which will vary depending on the lending institution. If you are borrowing part of your down payment through the BC Home Owner Mortgage and Equity (HOME) Partnership Program, there will be … [Read more...] about Countdown to closing. What you can expect to pay beyond the purchase price.

Filed Under: Featured, Resources & strategies Tagged With: appraisal fees, fire and liability insurance, gst, home inspection fees, land survey fees, legal fees, mortgage application fees, mortgage broker fees, mortgage insurance, moving fees, property transfer tax, pst, ptt, realtor fees, strata maintenance fees

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6 mistakes home buyers make

April 12, 2017 By Brendan Connolly Leave a Comment

Are you thinking about buying a home? Vancouver is experiencing a hot market, especially for condos and townhomes. There is a lot of competition among buyers so be well prepared before you find the home of your dreams. Here are a few of the mistakes that homebuyers make: Mistake #1. Not getting pre-qualified for a mortgage Before looking for your next home take the time to get pre-qualified by the bank or mortgage broker you choose. This can save you hours of searching for homes in the … [Read more...] about 6 mistakes home buyers make

Filed Under: Resources & strategies Tagged With: home inspection, mortgage rates, mortgage terms, negotiation strategy, pre-qualified, professional real estate agent

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Brendan Connolly: RE/MAX Crest Realty

Brendan Connolly: RE/MAX Crest Realty

Professional, full service real estate consultant, serving the Vancouver area for over 10 years.

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A cut above the rest

I was recommended to meet with Brendan by a friend who would not shut up about great her experience with him was. On the initial meeting, I came clean to say that I had no… Read more “A cut above the rest”

Amy
Cambie, Vancouver West

Recent articles

March home sales and new listings set records in Metro Vancouver

VANCOUVER, BC – April 2, 2021 – Home buyer and seller activity reached unprecedented levels across Metro Vancouver* in March. The Real Estate Board … [Read More...] about March home sales and new listings set records in Metro Vancouver

Home buyer competition intensifies across Metro Vancouver’s housing market

VANCOUVER, BC – March 2, 2021 – Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing … [Read More...] about Home buyer competition intensifies across Metro Vancouver’s housing market

Home buyer demand remains elevated across Metro Vancouver

VANCOUVER, BC – February 2, 2021 – In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year … [Read More...] about Home buyer demand remains elevated across Metro Vancouver

Metro Vancouver housing market shows resilience in 2020

VANCOUVER, BC – January 5, 2021 – Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual … [Read More...] about Metro Vancouver housing market shows resilience in 2020

November home sales outpace seasonal norms and long-term averages

Vancouver, B.C. – December 2, 2020 – Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 … [Read More...] about November home sales outpace seasonal norms and long-term averages

Home sale and listing resurgence extends into the fall

VANCOUVER, BC – November 3, 2020 – Home sale and new listing activity remained at near record levels across Metro Vancouver* in October. The Real … [Read More...] about Home sale and listing resurgence extends into the fall

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