Home equity — what it can mean for new owners
Posted on Feb 27, 2020 in Real estate terminology
For people like realtors, sometimes the most basic knowledge can be something that newcomers to home ownership might not fully understand.
One example is home equity.
Most people get it, that home equity means the size of the “stake” you have in your home.
If it’s something you’ve never thought about because you’ve never been a home owner, here’s a si...
Explaining terms for different types of homes
Posted on Dec 09, 2019 in Real estate terminology
In the newsletter subscribers receive every month (News From Nexus), statistics are published from four of the Real Estate Board of Greater Vancouver areas that we most often serve — West Vancouver, North Vancouver, Vancouver East and Vancouver West.
Within each there are three categories:
• Detached homes
• Attached homes
• Apartments
What are they?
The...