BARRY DAVIS - Burnaby Real Estate

BARRY DAVIS - Burnaby Real Estate

RE/MAX CENTRAL
#1-5050 Kingsway,
Burnaby, B.C. V5H4C2
Canada

Tel:(604)433-2211
Toll free 1-866-433-2211
Fax:(604)433-5274

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BC’s mountains.

Coast Range…..spectacular!

Moooooocho lakes.

Nahmint Lake.

Nahmint Lake. Incredible steel head.

Over Bute Inlet.

Nimpo Lake: you can't believe how high a rainbow can jump.

Nimpo Lake: I've had one jump in the boat

Stewart’s Lodge-Nimpo Lake: Bob Stewart has had 3 jump into his boat!

Shawnigan Lake.

Long Lake.

Phantom Lake.

Charlotte Lake.

Land of lakes.

Fish Lake.

Coast Range. Miles of snow fields.

Coast Range.

Stewart’s Lodge-cabin. Doesn't get any better.

Kapan Lake-6 pounds ea. Ten minute flight from Nimpo.

Dawson City-Yukon River.

D 10 Pushy Cat. The best people and equipment.

Six storey gold dredge.

Nahmint Lake.

Phantom Lake

Turner Lake.

1300 ft. Hanlen Falls. Turner Lake drains over Hanlen falls into Lonesome Lake

Lonesome Lake.

Fish Lake. Great rainbows at
5,500 feet up.

Rock, ice, water.

Fred and me.

BARRY DAVIS
Real Estate: Canada, British Columbia, Vancouver, Burnaby, Lower Mainland
Welcome to www.barrydavis.net !

CALL TOLL FREE 1-877-433-2411

Email:

Known for trust, patience and hard work regarding your selling or buying real estate.

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"Want Your Home Sold....
I'll Get Right On It!"

Barry Davis, Burnaby Real Estate,

History

Fish Lake

I was born in Vancouver. Over the years, I have traveled extensively throughout B.C., Alberta, Yukon Territory and the western Northwest Territory. My Northwest Territory assignment (one year) also took me to several arctic islands. The travel allowed me into every minor/major industry in each area as a master caterpillar journeyman, salesman, commercial pilot and manager over a period of 22 years. A large amount of the travel was done by air with some accomplished using my own aircraft. Local or out of Greater Vancouver, my 21 years as a realtor will help you meet your needs.

Training and Experience

High School

Technical School (BCIT and Malaspina College)

Four year Apprenticeship to Cat journeyman

Interprovincial master journeyman (6 years of training and exams) (Canada).

Extensive Sales Training

Salesman

Sales Management (highest sales worldwide in the Caterpillar products we sold)

Trained other Cat dealers in North America

Commercial Pilot

Public Speaker - A.T.M.S/C.L. (Advanced Toastmaster silver/competent leader)

Licensed Realtor (All of B.C.)

Computerized

Registered Relocation Specialist -R.R.S. (transfer of company employees)

Certified Real Estate Specialist -C.R.E.S. (involving ethics and issued by the Real Estate Institute of Canada)

And, a blood donor for life (121 times to date).

For You
Real estate is more than a full time position to me. I thoroughly enjoy the business making sure it is done in a fair, ethical, win/win manner for all concerned.

Your Needs:
Whatever your needs may be involving real estate, as thousands have, you are most welcome to use my vast experience whether it be a personal move, a corporate move or general questions about our great Western Canada!

Tips for Buyers and Sellers
Some of the following points apply to all buyers and sellers. A few points require additional data for a full and complete understanding.

Pre-Approval.
Extremely important that buyers are pre-approved before they start looking and always buy with resale in mind.

No attempt has been made as to any particular order for the following:

Many moves incur costs that can be written off against income; provided you are moving 40 KM closer to your work. CANADIAN CUSTOMS AND REVENUE has several booklets addressing this. Usually, thousands of dollars are involved if you qualify.

Once you have found the Home right for you; have your offer written subject to "inspection". If something serious is found, you still have several options available.
Many SUBJECTS exist for your protection. A few are (in brief):

Subject to Insurance
Subject to Financing
Subject to Title Search
Subject to Inspection
Subject to the Property Condition Disclosure Statement
Subject to approval of the By-Laws, Financials, Strata Minutes, two or three annual general meeting minutes and any extraordinary meeting minutes. Contract language should always be copied word for word from your Realtors "Practice Manual" or using “web forms”.

Be sure to digest the minutes as they are.
Be sure to digest the minutes, as they are the building history, what is to be spent during the near future and how will the funds be raised by way of a contingency fund or an assessment to each owner or both.

Age restrictions are now valid. Rent and/or pet restrictions, be sure you read the covering paragraphs in the By-Laws. Be sure to read all the minutes for a good understanding. Don't be afraid to discuss the building with other owners. This is your best assurance against future unwanted problems. If a problem exists, contract language is available to cover you or negotiate hold-back funds to cover the repair.

Added Points:
Before you look for a home, become pre-approved as to a loan through your mortgage broker or bank... extremely important! Ensure your condo inspector can/will measure moisture content in the walls and whatever you buy, buy with re-sale in mind to help you get top dollar in later years.

If you have property questions concerning your city, township, B.C Hydro, Telus, municipal water, zoning, etc. or need clarification on something - get it in writing. Subject clauses should give you the needed time.

Negotiating is likely one of the most stressful functions we do in life. It is also extremely important to be done correctly or else thousands may be lost. Leave negotiating to a professional Realtor.

Is negotiating a ¼ percent off your mortgage worth it?
You bet it is! $100,000 mortgage, 25 years at 7% = $700.41/Mo ($210,123.00)(over 25 yrs.)
$100,000 mortgage, 25 years at 7.25% = $715.92/Mo ($214,776.00)(over 25 yrs.)
saving ......$4,653 (25Yrs) or $15.51/Mo

Take the $15.51/mo saving and start a 10% R.R.S.P. Through compounding for 25 years, the $15.51 is then worth $19,884.00. Is a ¼% saving worth it???? I think so!

Be sure your Bank is giving you their best shot.
Be sure your Bank is giving you their best shot or have a 'Mortgage Broker' drive his or her best deal in the interest of YOU. Always check both before you decide. Buying before you have sold----DON'T! Exhaust every other option you have BEFORE you go this route. I am aware of the many reasons to buy first----- are you aware of the many thousands of dollars you will loose? Please understand the big loss before you buy first. Sell first to put many extra funds in your pocket. It is important to have the details explained to you.

What to do before selling?
If working to a limited budget - paint the walls and clean the carpet. Through working with and watching hundreds of buyers; marked walls, chipped walls, dirty carpets, dirty sinks and bathrooms INSTANTLY DEFLATE MOST BUYERS. Make your home shine and smell great for best appeal. If you don't put forth the needed effort, an offer will be discounted far in excess of the actual repair cost.

Beyond paint and cleaning, start with the kitchen and then on to your bathroom(s). Beyond these two rooms other than paint and cleaning, your return will drop dramatically. Be aware of all kitchen costs as the kitchen is the most expensive room in a home.

Curb Appeal
Curb (street, lane) appeal is very important. Redo the pealed paint, scrub off the green north side mould, replace the missing fence picket, tidy up the garden and lawn etc. etc. In and out must be tidy for best appeal. This will put thousands more in your pocket and sell before others.

Asking Price
Asking price, the most important number you and your realtor will establish. Too high and the buyers will not look, offers will be ridiculously low, the home will be on the market too long and is likely to sell under market value (you need to see this on paper). Selling costs should also be shown for your consideration.

Proper pricing attracts a totally different, positive, enthusiastic buyer. The sale will go through quicker, with less problems and net more to the seller.

When asking for an evaluation, always ask for it in writing. This will allow you to see how the price was arrived at. If you are a serious seller, price to the market for best results with all aspects of the sale. Correct pricing is very important to allow a seller the option of saying no to listing - the net may not be enough for the seller to fulfill his or her future needs. Good advice acted on, often dramatically lowers the selling costs through a better selling price.

Mortgages: always drive the best deal you can. This would include: paying weekly or every two weeks, assumable/ transferable, can you pay one or two extra payments per year, etc. By paying an added amount more often, it is easily possible to reduce your amortization from 25 years to around 12 -14 years. Let us say your payment is $1,000.00 per month. A saving of 10 years is 10x12x$1,000 or $120,000.00 - now that is a saving!

A good mortgage goal - lowest interest rate, have the points above written in and try to pay a little extra. Low interest rates can be a great selling feature. Let's say you wish to sell your home that has an assumable mortgage of 6%. Current rates are 8% - this is a huge benefit all in your favor should you keep it or sell. Either way you are 2% below the market. Thoroughly learn what a variable rate mortgage is. It is the least expensive way to pay a mortgage.

R.R.S.Ps: start your R.R.S.Ps early and maximize your home payments at the same time. A BIG R.R.S.P fund becomes BIG due to a large number of compounding periods (YOU MUST START EARLY). When saving, you want many compounding periods. Paying a loan - shortest amount of compounding periods.
COMPOUNDING EXAMPLE ($1,000 AT 10%, NO EXTRA FUNDS ADDED):

10 Yrs. = $2,707.04
20 Yrs. = $7,328.07
30 Yrs. = $19,837.39
40 Yrs. = $53,700.66
50 Yrs. = $145,369.92
60 Yrs. = $393,522.41
70 Yrs. = $1,065,281.50

GIVEN TIME,

COMPOUNDING IS MAGIC.

Change the $1,000.00 to $2,500.00 and the 70 year compounding time will generate $1,974,367.00. This does make for a very good retirement fund at age 70.

Look at the potential here: you could make payments to fatten the $2,500, you could start with $2,500 and add $1,000 each year, you could add your tax savings each year, etc. It isn't the amount that's most crucial-----it is the total compounding periods in your favor. A good example of using the above is regarding your first born. Put $1,000 into a very good Mutual Fund, 50 to 70 years later, the basis of a first rate retirement is in place.

Timing to buy or sell: Anytime! Most realtors have buyers throughout the year. Many feel the spring and late summer are the best times. They are also the times of greatest competition. Concentrate on how your home is presented and priced for best results. Both are far more important than timing or any other point.

I am often asked "Should I buy first or sell first" ? You will put more money in your pocket by selling first. This can cause discomfort to many but there are ways to reduce or eliminate the discomfort. The explanation is long regarding all the reasons. For a complete explanation:

Call me at 1-604-433-2411
Toll Free at 1-877-433-2411
Fax: 1-604-433-5274
Email: barrydavis@remax.net

Need a realtor....worldwide....I will locate one for you!
Just e-mail me your request.

Are you interested in buying a home, but want to determine the current state of the real estate market before beginning your search?

Click Here: Market Information for Buyers

Important Links:

B.C. Information - www.mybc.com

Listings in Canada - www.mls.ca

Listings in Greater Vancouver - www.realtylink.org

Remax Canada Offices - www.remax.ca

Children's Hospital - www.kidstelethon.com

Government of B.C. - www.gov.bc.ca

Government of Canada - www.canada.gc.ca