Lynn's Nanaimo Real Estate Blog

Bridge and Interim Financing- What is the difference? Have you wondered what the difference is between Bridge and Interim Financing?  It is a question that often comes up when clients are buying a home. I asked one of the mobile mortgage specialists that I work with to answer this question.   Kim...

Housing in Nanaimo for the 55+ market My client base is often made up of clients seeking housing in Nanaimo for the 55+ market.  Often at this point in life couple's find themselves to be empty nester's and choose to be less tied down to their homes.  Perhaps they want to travel more and don't wa...

Selling your own house in Nanaimo There are pros and cons to selling your own house.  The obvious pro is saving on Realtor Fee's.  However, the cons may well outweigh the pros when trying to sell your own house. Firstly, let's look at the three elements required when selling your own house: •1.  ...

Nanaimo real estate statistics VIREB recently released the Nanaimo real estate statistics from February 2011. The market appears to be more of a balanced market in comparison to the fall market. The Cumulative Residential Average Single Family Sale Price is in line with sale prices from March 200...

Move to Hammond Bay Nanaimo Are you considering a move to the Hammond Bay area?   Hammond Bay is a neighbourhood in Nanaimo which runs along a lovely coastline.  The area is made up of hillside looking over the ocean.  There is one main road in Hammond Bay called Hammond Bay Road which runs from ...

 Should you stage your house Should you stage your house to help it sell faster?  Is it worth the time and expense to go to all that trouble?  I say YES! I do a number of open houses as a Realtor.  I have been in homes where the owners took the time to stage their home.  Quite honestly, there is ...

  How should you price your house to sell? Have you been wondering how to price your house so it will sell quickly?  Perhaps you have found your dream house but need to sell your house before you can buy it.  The factor to consider before deciding on how you should price your house is "what is th...

 First time home buyers in Nanaimo Part 4 This is the fourth in a series of posts that will assist first time home buyers prepare themselves for the experience of purchasing a home.   Today we are going to look at what to do once you have found the right house. Step FourYou've found the one!  Now...

First time home buyers in Nanaimo Part 5 This is the fifth in a series of posts that will assist first time home buyers prepare themselves for the experience of purchasing a home.   Today we are going to look at what to do once you have found the right house. Step FiveYour offer has been accepted...

Real estate in Departure Bay consists of some townhouses, a few condos but primarily single family homes.  The area is established with many of the homes being 30 plus years old.  Many homes offer sweeping views of Departure Bay and out into Georgia Strait. Housing prices range from a low of $250...