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Asking prices are a seller's wish. Sold comps are the evidence. Here is the simple method to judge whether any BC listing is fairly priced, overpriced, or worth a quick offer.
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GDS and TDS are the two ratios that decide your mortgage in BC. See the 39% and 44% limits, what counts in each, and worked Surrey and Vancouver examples.
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Leasehold homes in BC cost 10-25% less than freehold, but you don't own the land and the lease expires. How it works at UBC, SFU UniverCity and on First Nations land.
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