buyer beware: Fewer than half of B.C.'s leaky condos fixed so far, says report - 06/24/08 01:44 PM
It is interesting to read that more than $460 million has been approved by the Homeowner Protection Office (HPO) for no-interest leaky condo loans from the launch of the program to date.
The Tri-City News June 21, 2008
Since only about 20% of victims pass the HPO means-test for a no-interest … (0 comments)

buyer beware: "MLA wants regulations for home inspectors" - 06/04/08 12:48 AM
Letter to the Editor:Homebuyer beware - Coquitlam NOW - Friday, June 06, 2008
Re: "MLA wants regulations for home inspectors" Friday, May 30.
The "neglect in protecting homebuyers" is widespread, and Coquitlam-Maillardville MLA Diane Thorne's concern is shared by many.Home buying is fraught with risk and claims far too many victims; whether … (0 comments)

buyer beware: Warning to those researching reputation of builders... - 05/23/08 11:43 PM
"Development is a tough game and United Properties has been at it for some time, so it is quite unique to have such a developer run into this kind of difficulty," said real estate lawyer Ron Usher.http://www.cbc.ca/canada/british-columbia/story/2008/05/21/bc-the-anvil-in-trouble.html What a frivolous review; who the heck is this guy (mis)representing anyway?The Matsqui Group … (0 comments)

buyer beware: Leaky Condo Study Disputed? - 04/17/08 02:41 PM
Re: http://realtytimes.com/rtpages/20030828_leaky.htm. The above Realty Times article refers to this research report by Nancy Bain: Re-Sale of Leaky Condos: Did the Buyer Know?Here is a letter (with specific references removed) I wrote to a Realtor in 2006:Hello Realtor, You mentioned to me that you had sold units in this building before, and … (0 comments)

buyer beware: Holmes On Homes: 70,000 requests for help this year... - 03/12/08 12:20 PM
70,000 requests for help is an awful lot of letters.  It makes one wonder how many people don't even bother to fight (or report) a system that favours the building industry rather than protect consumers?I suspect many of these requests never end up scored in the statistics collected by either the … (1 comments)

buyer beware: Developer pulls out of project, again... - 03/03/08 01:17 AM
A few years ago the Bambu development on Vancouver Island was cancelled.When the plug was pulled on Riverbend last year, you might have thought that it would be big enough to get some real legislative changes made, especially after making national news: http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20070507/BC_homeowners_070507. Well now the Eden Group of Companies has cancelled 3 projects; big … (0 comments)

buyer beware: Condo floor plans can be too good to be true: lawyer - 02/28/08 03:08 PM
http://www.cbc.ca/canada/british-columbia/story/2008/01/10/bc-condo.html With so many multifamily developments failing, ‘weasel word' warranties, and the legalized ‘bait & switch' tactics, such as the misrepresentation of floor space, the general business acumen and morality of builders and the home building industry leaves the consumer with little trust and an overall lack of confidence.Relying on the developer … (0 comments)

buyer beware: How will certifying home inspectors help consumers? - 02/08/08 01:01 AM
The BC Ministry of Public Safety and Solicitor General is inviting you to participate in a consultation on licensing home inspectors.  The consultation provides an opportunity for British Columbians to be part of the process of developing appropriate regulations to enhance consumer protection.The move to regulate home inspectors is being met … (3 comments)

buyer beware: What you should know before you agree to buy a condo - 01/11/08 01:53 AM
This CBC Marketplace piece is a must see for any buyer considering a condo: http://www.cbc.ca/marketplace/2008/01/09/condo_crunch/ In 2001 I became distantly acquainted with Bob Aaron, a Toronto lawyer and homeowner champion.  Bob says it like it is, "builders have sway, consumers don't" which just about says it all.Builders, developers (or sociopaths) or whatever … (10 comments)

 
Real Estate Agent: John Grasty (Prudential Sterling Realty)
John Grasty
Coquitlam, BC
More about me…
Prudential Sterling Realty

Office Phone: (604) 421-1010
Cell Phone: (778) 878-0778
Email Me
...skilled writing about an unimportant subject, or is that unskilled writing about an important subject? Well I don't know so as things unfold please judge for yourself... ...don't forget to leave a comment, and thanks for visiting. John Grasty is a REALTOR® serving the Tri-Cities (Coquitlam - Port Coquitlam - Port Moody) real estate market. Please check out my website: http://www.johngrasty.ca

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