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Imagine you could highlight your favourite neighbourhood and then get updates about those properties, without constantly monitoring the “For Sale” signs? With the new Royal LePage App, it’s not just a possibility - it’s a reality! 


Last year we helped you take your neighbourhood expert with you anywhere by creating a mobile-optimized website. Today, we are bringing you a totally customizable application that lets you actually choose the areas that you’re interested with the Draw Tool feature.

Use the Draw Tool to outline an area you like, and then refine your search by price, location, property type, number of beds and bath, and more to receive information on properties within your drawn area. Alternatively, search by street, address or intersection – the app will
automatically save these searches to your history so you can check them again later.

The best part? Customize your notifications so we can let you know immediately if there are any prices changes, new or removed listings or open houses in your saved drawn area or saved searches.

Have questions that only an experienced REALTOR® can help you with? The app also allows you to find an agent or office nearby, so you can drop in or get a hold of an agent with a few simple taps.

We know that in this ever-changing market, with new homes being listed and taken down each and every day, it’s important that you stay on top of it all. The Royal LePage mobile real estate application makes searching for properties for sale as easy as typing in an address. More than that, it makes saving those searches, getting immediate updates and contacting an agent to give you the scoop simple and personal. Download the Royal LePage iPhone App today and find a property that’s perfect for you.
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The Real Estate Bord of Greater Vancouver publised the following artile today:


First-time home buyers received welcome news in today’s provincial budget.

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000.

The partial exemption continues and will apply to homes valued between $475,000 and $500,000.

More home buyers

With this change, the government estimates 1,700 additional first-time buyers will annually be eligible to save up to $7,500 in PTT when they buy their home.

The government estimates this measure will cost $8 million in lost tax revenue each year.

Lobbying

The Real Estate Board together with BC Real Estate Association has actively lobbied to make home ownership more affordable for first-time home buyers. This increase in the threshold clearly signals our efforts have paid off as in past years.

 • In 2008, as a result of industry lobbying, the provincial government increased the threshold to $425,000 from $375,000.  
 • In 2005, the government increased the threshold to $325,000 from $275,000.

The PTT is calculated at a rate of one per cent on the first $200,000 and two per cent on the remaining value of the purchase price.

 

Here is a link to the Budget: www.bcbudget.gov.bc.ca/2014/default.htm


From http://www.rebgv.org/government-reduces-tax-burden-first-time-buyers

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