We spoke to some of our agents about frequently asked questions they receive regarding the Pemberton real estate market. We have broken them up for both buyer and seller based questions.
Here are their answers:
Pemberton Buyer FAQs
Q: What are the different neighbourhoods like?
A: Each neighbourhood in Pemberton has a different feel and benefit. Agents are often asked about specific areas, and buyers may already have ideas about a certain location.
The best advice is to keep an open mind and find an agent that knows the area well and can find the best property for you. You can find information on Pemberton neighbourhoods HERE.
Q: I have found a property, what is the next step?
A: The first thing you should do, if you haven’t already, is seek the services of a knowledgeable Realtor who can guide you through the process. Then, depending on whether you have been pre-approved for a mortgage you may even be able to submit an offer already.
Q: Are there restrictions for non-Canadian residents?
A: Foreign ownership has no restrictions, however, there are some considerations in terms of financing and taxation. It is best to discuss with your agent for expert advice in these matters.
Pemberton Seller FAQs
Q: When is the best time to sell?
A: Current market conditions, exchange rates, seasons, and variety of other factors affect the price of properties. Discuss your goals with your agent and they will advise you on the best course of action for your situation.
Q: What should I do when I have decided to sell?
A: As with buying a property, the first step should be to engage the services of a knowledgeable Realtor who can help you through the process.
An agent will take care of everything from preparing your property for sale, listing the property, accepting an offer and signing the contract, to what to do after you have an accepted contract. They will also ensure that all paperwork is completed correctly and efficiently, saving you time and ensuring a smooth transaction.
Q: How long will it take to sell?
A: How long a property will take to sell can vary with a whole host of factors, from market conditions, sales strategy, as well as the seller’s motivation.
As a seller you need an agent you can trust and who understands your needs and goals. The agent will be able to provide you with a timeline, along with their strategy for your specific property.
Q: What are the costs associated with selling my property?
A: There are a number of costs associated with selling a property such as lawyer fees and expenses, real estate commission fees, preparing the home for sale, costs of moving furniture, along with Goods and Services Tax (GST – 5%) and Capital Gains Tax (which is 33.33% of the ‘gain’ on investment properties).
For a detailed explanation of the costs you can view our selling information page, or contact one of our agents.