buyers: Top 10 Real Estate Terms - 12/12/13 08:57 AM
Top 10 Real Estate Terms
Are real estate terms or abbreviations throwing you for a loop?
Here are the top 10 most often used real estate terms and what they really mean:
1.  Agent - also known as a Buyer's Agent or Seller's Agent, this is the professional, licensed individual who represents you in the sale or purchase of your real estate.  You should expect to receive the same level of professionalism from your agent as you would from any other professional.
2.  Appraisal - if your real estate purchase is being financed your lender will often order an appraisal from … (1 comments)

buyers: What Is A WETT Inspection and Why Do I Need One? - 10/21/13 08:44 AM
What Is A WETT Inspection and Why Do I Need One?
A WETT inspection, also known as a Wood Energy Technology Transfer inspection, is a specialty inspection that take a look at all wood burning appliances, things like a wood burning stove or a fireplace, by a specially certified inspector.
A malfunctioning wood burning appliance can be a major health and safety issue, so doing a WETT inspection will give you peace of mind when you're buying, selling or living in your home.  In addition, some insurers may require that you have one done.
While a routine home inspection includes a … (0 comments)

buyers: Buying a home in Nanaimo? How To Start The Home Buying Process - 12/19/12 04:16 AM
Buying a home in Nanaimo? How To Start The Home Buying Process
During a recent get-together with some of my fellow Nanaimo Realtors we had a pretty lively conversation about the mistakes that buyers often make when they begin looking for a house to buy.
There’s no doubt that buying a home – be it your first home or your third – is a very exciting experience, especially right now when there are some good deals on the market.
Often times people will put the cart before the horse, to use a cliché, and jump into the house hunting process with … (0 comments)

buyers: How To Research The Nanaimo Real Estate Market - 11/02/12 06:26 AM
 
How To Research The Nanaimo Real Estate Market
Many of my clients ask what the best way is to quickly get to know the real estate market in
Nanaimo. My answer may surprise you.
 The best way to get yourself up to speed on the real estate market is to visit open houses.
 
Here’s why visiting open houses in Nanaimo is a good idea:
 
1.  You’ll get real-time information on your competition. 
 
Sure, reading reports from theMLSwill be useful, but nothing beats actually visiting homes for sale instead of just reading about them.
 
2.  … (0 comments)

buyers: Is It A Good Idea To Buy A Fixer-Upper in Nanaimo? - 11/02/12 06:02 AM
Is It A Good Idea To Buy A Fixer-Upper in Nanaimo?
 
You’ve probably seen commercials on TV, or have read some things on the internet, or maybe even attended a free seminar about all the money that’s to be made in buying fixer-upper real estate.
If you’re thinking about buying a fixer-upper house inNanaimo, be sure to have a solid business plan in order, before you make an offer.
Here are a few things to consider when looking for that Nanaimo real estate deal:
1.  Home Inspection.  Have a good inspector lined up, preferably one who has some experience working … (0 comments)

buyers: Top 3 Things That Can go wrong in a real estate transaction - 09/26/12 12:38 PM
Top 3 Things That Can go wrong in a real estate transaction
 
 You’ve probably heard more than one story about how a buyer or seller were a day away from removing subjects on the sale of their home and out of no where there was one unexpected delay after another.
 
Here are the top 3 things that can go wrong with a real estate transaction, and what you can do to avoid them.
 
1.  Financing
 
Next to having a good real estate agent, having an experienced and trusted lender – and one who is not too busy … (2 comments)

buyers: Top 3 New Construction Building Trends - 09/26/12 12:19 PM
Top 3 New ConstructionBuilding Trends
 
New home builders onVancouver Islandare masters at quickly reading up and coming trends and responding to what new home buyers want – sometimes even before the buyer knows what she wants!
Here are three new construction building trends in BC that are worth keeping an eye on:
1.  Flexibility
Many buyers on Vancouver Islandhave become less extravagant with their wish lists and are looking for different things in homes today.  Flexibility is one key requirement.
Flexibility means that buyers are looking for rooms that can be used for more than one purpose.  Gone is the … (0 comments)

buyers: How To Spot Overpriced Homes For Sale In Nanaimo - 08/19/12 07:32 AM
How To Spot Overpriced Homes For Sale In Nanaimo
 
Everybody wants to make money in real estate.  Even if you’re just buying a home in Nanaimo to live in and enjoy, it’s satisfying to know that at the end of the day you’ll have some equity built up in your home – maybe even something to pass along to your children or grandchildren.
But just as with any other investment, to make money in real estate you’ve got to buy low and sell high. So the big question is, how do you know if a home for sale in Nanaimo … (0 comments)

buyers: 2425 Chain Way Nanoose - Oceanview home and acreage - 04/22/12 07:37 AM
2425 Chain Way Nanoose - Oceanview home and acreage
Rare 3.27 acre, ocean view estate overlooking Nanoose Bay. 
This architecturally designed home is set on 3.27 very private acres.  A long sweeping driveway leads you to the home nestled in among Garry Oaks and Arbutus trees.  You’ll feel yourself relax as you walk down to the pool deck where you can enjoy the hot tub & pool while admiring the stunning views. 
Outside you can enjoy the garden areas, watch the eagles soar overhead or putter in the propane powered greenhouse. 
All of the rooms, on the main … (0 comments)

buyers: What’s The Difference Between A Buyer’s Market And A Seller’s Market - 04/18/12 07:42 AM
What’s The Difference Between A Buyer’s Market And A Seller’s Market
One of the keys to selling Nanaimo real estate is to understand the difference between a buyer’s market and a seller’s market.
On a very basic level a buyer’s market means that a buyer holds the cards, and a seller’s market means that the seller has most of the control when selling a home in Nanaimo.
But to be successful in selling Nanaimo real estate, it’s important to understand how a buyer’s market is created and what conditions make a seller’s market.
Buyer’s Market
Here are some of the factors … (4 comments)

buyers: Home Fire Prevention Tips for Nanaimo Real Estate - 04/01/12 07:22 AM
Home Fire Prevention Tips for Nanaimo Real Estate
When you own Nanaimo real estate it’s important to keep a few home fire prevention tips in mind.  Your Nanaimo home could be one of the most – if not the most – valuable things that you own so fire prevention is going to be at the top of your home safely list.
Summer time is just around the corner and many parts of the country are expected to be drier than usual.
4 Tips on Fire Prevention
Here are a few fire prevention tips for your home that I always like to … (1 comments)

buyers: Why buying a Nanaimo Condo Makes Sense - 03/28/12 02:11 AM
Why buying a Nanaimo Condo Makes Sense
Nanaimo condos can make a great option to single family houses.
Single family houses often times cost more to maintain than many home buyers realize, so Nanaimo condos offer an excellent alternative real estate purchase.
Let’s consider some of the areas where condos in Nanaimo may be a better choice for some home buyers.
Nanaimo Condos For Sale vs. Houses
Here are some of the advantages of owning a condo compared to owning a house:
Outside Maintenance
With a condo, there’s virtually no outside maintenance to worry about.  Snow removal ( when we get … (0 comments)

buyers: Is It Better To Rent Or Buy Real Estate In Nanaimo? - 03/25/12 07:58 AM
Is It Better To Rent Or Buy Real Estate In Nanaimo?

A question that I often get from my clients, particularly first time buyer’s, is whether it’s better to rent or buy real estate in Nanaimo.
There’s really not a right or wrong answer to this question, but here are a few tips you may want to consider when thinking about whether it’s better to rent or buy real estate in Nanaimo.
Advantages to renting:
When you’re renting real estate you’ll have a lot less maintenance and repair costs than if you own your home.
Landscaping and appliance repairs, for … (0 comments)

buyers: Real Estate in Nanaimo - Absorption rates for February 2012 - 03/05/12 05:40 AM
Real Estate in Nanaimo - Absorption rates for February 2012
One of the key indicators on how the Nanaimo real estate market is doing is the absorption rate.
My numbers came from the latest real estate stats published by VIREB (Vancouver Island Real Estate Board).  Based on the information they have supplied I have calculated the absorption rates for real estate here in Nanaimo.
By tracking these numbers monthly it helps me understand better what type of real estate market Nanaimo is experiencing. In addition these absorption rates assist me in advising my clients on realistic expectations on the length … (0 comments)

buyers: The Diver Lake Neighbourhood in Nanaimo - 01/12/12 02:56 AM
The Diver Lake Neighbourhood in Nanaimo
The Diver Lake neighbourhood in Nanaimo is a great, affordable family neighbourhood.  It is centrally located and is close to Beban Park and Country Club Shopping Centre.  There are a number of great parks and walking trails in the neighbourhood.
Housing is in the mid-range for Nanaimo.  The areea has both new homes and more established homes
Please visit my website for a list of homes for sale in the Divers Lake area .
 
 
(0 comments)

buyers: Homes for sale in Divers Lake, Nanaimo - 12/14/11 06:40 AM
Homes for sale in Divers Lake, Nanaimo
 
Homes in Divers Lake range in price from the mid $200's to the mid $400's on avearge.  Divers Lake is an affordable , central Nanaimo neighbourhood.  Divers Lake is central to shopping and recreation.  There are a number of parks and walking trails in the area. 
If you would be interested in a current list of homes for sale in Divers Lake, please contact me.
(0 comments)

buyers: Gablecraft The Village at Summerville in Nanaimo – A Review - 12/01/11 02:45 AM
Gablecraft The Village at Summerville in Nanaimo – A Review
I had the pleasure of attending a Realtor Open House for the new condo complex by Gablecraft Homes called Gablecraft - The Village at Summerville in Nanaimo.
 I was hugely impressed with this complex and am delighted to see such a nice looking development being built in Central Nanaimo.  The Village at Summerville is so new that I thought it would be helpful to prospective buyers to read a review on this new development.
There are three designs available in two bedroom units, which range in price from $239,900 -$253,900 plus … (0 comments)

buyers: Nanaimo patio homes – The Terraces Patio homes Information - 11/25/11 05:51 AM
Nanaimo patio homes – The Terraces Patio homes Information
 
In the North Nanaimo area, one of the largest patio home complexes is the Terraces patio homes. The Terraces were built between 1986-1992 and incorporate 8 phases with a total of 89 units.
 
If you are looking for a Nanaimo patio home that is in the North Nanaimo area and is central to the beach, Woodgrove Mall, public transit look no further. The Terraces patio homes are located off of Applecross near Dover. There are two entrances one on Applecross and one on McRobb.
 
The complex offers a very … (0 comments)

buyers: Nanaimo patio homes – Parkwood Village Patio homes Information - 11/20/11 05:34 AM
Nanaimo patio homes – Parkwood Village Patio homes Information
The North Nanaimo area offers a number of lovely patio homes for sale.  Ones you don’t want to miss, when searching for a Patio home, are the Parkwood Village, Patio homes.
The Parkwood Village patio homes were built between 1997- 2002 and incorporate 63 units.
If you are looking for a Nanaimo patio home that is in the North Nanaimo area and is central to Woodgrove Mall, Longwood Station, the movie Theatres and many different restaurants, look no further. The Parkwood Village patio homes are located off of Parkwood Drive which runs … (0 comments)

buyers: Nanaimo patio homes – The Highlands Patio homes Information - 11/13/11 04:54 AM
Nanaimo patio homes – The Highlands Patio homes Information
The Nanaimo area offers a number of lovely patio homes for sale.  The Highlands patio homes were built between 1992-1996 and incorporate 82 units.
If you are looking for a Nanaimo patio home that is in the uplands area and is central to the Nanaimo North Town Centre and the Oliver Woods Community Centre, look no further. The Highlands patio homes are located off of Kenwill which is just off of Rutherford Road.
The complex offers a clubhouse and is within walking distance to the "Boardwalk on Rutherford", a charming village of … (0 comments)

 
Lynn Donn, Homes for Sale in Nanaimo BC (Royal Lepage Nanaimo Realty) Rainmaker large

Lynn Donn

Homes for Sale in Nanaimo BC

Nanaimo, BC

More about me…

Royal Lepage Nanaimo Realty

Address: #275-2000 Island Hwy N., Nanaimo, BC, V9S 5W3

Office: (250) 756-1132

Mobile: (250) 802-7321

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