Acquiring a foreclosed property in Canada can offer substantial savings on a home or investment property. These properties are those that a lender has seized after the borrower failed to meet their mortgage obligations.

James and Denny share their personal experiences with foreclosures and what the purchasing process looks like.

This Episode will focus on foreclosures and if they can be worth it, how the process differs from resale, removing subjects in court, the bidding process, lawyer involvement, and the overall process.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

As per the BC Real Estate Association, the real estate market in the province is displaying indications of a rebound, although home sales continue to lag behind the 10-year average. Brendon Ogmundson, Chief Economist at BCREA, elaborated that while activity is increasing, home sales are still below typical levels, and home prices have remained relatively stable since last summer.

James and Denny share what they are seeing in this real estate market and offer predictions for what may happen in the summer and fall.

This episode will focus on the current spring real estate market in Vancouver, sales volume and ratios, luxury condos struggling, more options for buyers, rates staying high, difficulties with land value, future predictions and housing stats from New West, Port Moody, Coquitlam, Port Coquitlam, Yaletown, Maple Ridge and Burnaby.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

On Tuesday, the federal government announced its 2024 budget, committing to extensive new spending funded by fresh revenue sources. This year's federal budget is centred on three key objectives: increasing the availability of affordable housing, reducing living costs, and fostering economic growth that benefits everyone.

James and Denny share their thoughts on the recently released federal budget and plans to make housing more affordable. They also discuss BOC numbers and their effects on the current Vancouver real estate market.

This episode will focus on the recently released federal budget and it's effects on real estate, Bank of Canada announcements, 6th rate hold in a row, CPI at 2.9%, housing initiatives, a new tax on residential vacant land, help for student rentals, increase in capital gains tax, Home Buyers Plan increase to $60,000, and longer amortization on mortgages for first-time buyers.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

Unlocking the value of your home or any real estate property you're considering buying or selling is a nuanced process that requires a keen understanding of the market.

Denny and Monica share their personal experiences with evaluating homes and whether it's better to buy or sell your home first.

This episode will focus on those looking to make a real estate move, upsizing and downsizing conversations, properly evaluating your home, buying or selling first, the importance of timing and what to expect throughout the process.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Monica Harmse
monica@gdrealestate.ca
Instagram: /monica_harmse
Facebook: /MoodyProperties.ca

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

Recent legislative changes in British Columbia aim to address the soaring cost of housing, reflecting the province's efforts to tackle the persistent issue of affordability in the real estate market.

Denny and Monica review the new policy changes and share their thoughts on how they will affect the Vancouver real estate market.

This episode will focus on recent real estate policy changes aimed to combat the high prices of homes, the foreign buyer ban extended, first time home buyers program updated, new anti-flipping tax laws, Trudeau's $2 billion pledge to support new homes and what it means.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Monica Harmse
monica@gdrealestate.ca
Instagram: /monica_harmse
Facebook: /MoodyProperties.ca

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

The current market is marked by high-interest rates and stagnant home sales, indicating a seller's market. Uncertainty looms large amidst these conditions, posing challenges for both buyers and sellers alike. Economic unpredictability adds another layer of complexity to the real estate landscape.

Denny and Monica share what they are currently seeing in Vancouver's real estate market, and break down the stats by city and home type.

This episode will focus on being in a seller's market, high-interest rates, limited product for sale, uncertainty in the market, misinformation in the news, what is hot right now, popular cities, and future predictions.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Monica Harmse
monica@gdrealestate.ca
Instagram: /monica_harmse
Facebook: /MoodyProperties.ca

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

With current properties being sold so quickly, a lot of buyers may be overlooking certain negative aspects of a home that in the past may have been major red flags in a sale.

James and Denny discuss the reasons behind unpermitted renovations and share how buyers can gain valuable information regarding work done on a property before buying.

This episode will focus on the importance of certified inspections and permit approvals, legal basement suites, material latent defects, enquiring about permit history, and the varying severity of unpermitted renovations.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel

Email us at garbuttdumaspodcast@gmail.com

James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt

Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5

Monica Harmse
monica@gdrealestate.ca
Instagram: /monica_harmse
Facebook: /MoodyProperties.ca

Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca

As a prospective buyer in Greater Vancouver, navigating the real estate landscape can be challenging. The region remains entrenched in a competitive market where everyone is on the hunt for that elusive "good deal." However, finding such opportunities is increasingly rare.

James and Denny outline four strategies for uncovering elusive deals and maintaining a competitive edge in the market.

This episode will cover four ways to get a real estate deal in today's Vancouver market, beating the crowd, days on Market listings, landing a foreclosure, looking at assignments for sale, and potential in presales.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel - https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA

Please email us at garbuttdumaspodcast@gmail.com

James Garbutt
Instagram: https://www.instagram.com/jamesgarbutt
Facebook: https://www.facebook.com/jamesgarbutt
Website: https://jamesgarbutt.com

Denny Dumas
Instagram: https://www.instagram.com/denny.dumas
Facebook: https://www.facebook.com/denny.dumas.5
Website: https://www.dennydumas.com

Monica Harmse
Instagram: https://www.instagram.com/monica_harmse
Facebook: https://www.facebook.com/MoodyProperties.ca
Website: https://moodyproperties.ca

Garbutt + Dumas Real Estate
Instagram: https://www.instagram.com/garbuttdumas
Facebook: https://www.facebook.com/GarbuttDumas
Website: https://www.garbuttdumas.ca/