Blog
#PassTheDonation – 2020 REALTORS Care® Blanket Drive
The REALTORS Care® Blanket/Charity Drive officially starts today. We’re fundraising for our Blanket Drive charities which have been hit hard by COVID-19. Here’s something to inspire our spirit of giving. Warning: This video will put a smile on your face and can make you tap your feet or sway your body. #PassTheDonation
Donate here: https://bit.ly/38G2hvm
BC Assessments Vs. What Your Home is Truly Worth
BC Assessment notices have arrived in the mail, giving some homeowners a big smile and a bit more spring in their step (increased property taxes aside), while others wilt and lament at a modest gain or decrease in assessed value.
But hold on a sec. Neither this assessment document, nor either parties’ emotions, are tied to a current true market value. In fact, provincial property assessments can be significantly too high or too low. Values are determined in July of the previous year, and properties are rarely visited in person by provincial appraisers.
For this reason, provincial property assessments should never be solely relied upon as any sort of relevant indicator of true market value for the purposes of purchase, sale or financing. Continue reading →