Category Archives: Blog

Trick or Treat – A Safe Halloween for Homeowners

Halloween can be one of the most exciting holidays for kids of all ages as well as new homeowners.  As a homeowner, you now can take part in the ageless celebration of handing out candy to all the little angels and devils in your neighbourhood.  However, Halloween is not all fun and games, it is also your responsibility to ensure that the kids who visit your home are safe.

As the premier agent for all your Vernon real estate needs, here are some tips to get your home ready for Halloween and provide those trick or treaters a safe path to and from your doorstep.

Tripping Hazards

 The number one hazard for trick or treaters is tripping hazards. With so much excitement, most kids are not paying attention to where they are running.  Before the big night, be sure to scan your property and fix, remove or tape off any tripping hazards.  These hazards include:

  • Uneven or missing paving stones.
  • Exposed tree roots (these will need to be taped off).
  • Cracks in the driveway or sidewalk in front of your home.
  • Tape down or do not run extension cords across driveways or pathways.

Light the Path

A well-lit pathway to and from your door is a great way to keep trick or treaters safe.  Instead of installing year-round landscaped lights, get creative and festive.  Some great lighting ideas that embrace the spirit of Halloween include:

  • Use glow sticks to provide an illuminated path to your door.
  • A string of orange lights.
  • LED tea lights.

Here’s the Deal:

Although it may seem spookier and more festive to darken your doorway, always keep your porchlight on to provide extra lighting and provide a safer environment for the neighbourhood kids.

 Play it Safe 

Besides removing tripping hazards and providing a well-lit pathway to and from your door, some often overlooked Halloween safety precautions that you may want to incorporate include:

  • Never use candles in your pumpkins. The last thing you want is a house fire because someone accidentally knocked over a pumpkin.  Instead opt for an LED tea light.
  • Put your pets in a safe, quiet place away from the commotion. Although Halloween is an exciting time for most people, the same cannot be said for your pet.
  • Before lighting any fireworks, check with the city for any bylaws and follow safety precautions. 

These simple tips will ensure that your home is a safe one this Halloween.  If you are interested in more Halloween safety precautions or are interested in some of the new and exciting real estate options that abound in Vernon, please contact us today.  We look forward to hearing from you soon.

Happy Halloween from the Saltfowler Team.

 

 

 

 

For those living in the Bella Vista Homes watch your mailboxes!


For those living in the Bella Vista Homes watch your mailboxes! This is going to be delivered via Canada Post direct to your home very soon. If you find your contact info is incorrect please do let us know and we are happy to update this for you.

Any questions, please don’t hesitate to contact the Salt Fowler Team at RE/MAX Vernon at 250-549-SALT (7258) or webinfo@saltfowler.com, your Bella Vista homes specialists! We offer FREE Market Evaluations on all Vernon Real Estate!

Just Released!!  Our Foothills Area Market Update for October! 

Just Released!!  Our Foothills Area Market Update for October!  Here is a preview of our Foothills folder featuring homes and lots for sale and sold in the fabulous Foothills area in Vernon BC.  This folder will be mailed out in the next 10 days!  If you are interested in selling your home and having it advertised in this popular marketing piece, please let us know!  We would be happy to feature your Foothills, Vernon Real Estate here!  Contact the Salt Fowler Team at 250-549-SALT (7258) or visit our website to view thousands of homes for sale online all in one place at www.Foothills.info.

For those living in the Middleton Mountain, watch your mailboxes!

For those living in the Middleton Mountain, watch your mailboxes! This is going to be delivered via Canada Post direct to your home very soon. If you find your contact info is incorrect please do let us know and we are happy to update this for you.

Any questions, please don’t hesitate to contact the Salt Fowler Team at RE/MAX Vernon at 250-549-SALT (7258) or webinfo@saltfowler.com, your Kalview homes specialists! We offer FREE Market Evaluations on all Vernon Real Estate!

Home Buying Lingo – Key Real Estate Terms You Should Know – Part 2

Looking at buying a new home?  Feeling somewhat overwhelmed in the process?  Well you are not alone.  There are so many factors attached to buying a home that it can become a cause of stress.  As your premier Vernon real estate agent, here is a follow up to last month’s blog of key terms that you are going to encounter during the home buying process.  Understanding these terms will reduce any feelings of stress and allow you to gain a better understanding of each stage.

Key Real Estate Terms

Home Inspection – A visual look that inspects the various systems of a property (electrical, piping, roof etc.).  This usually happens during the period that a home is in escrow.

Homeowners’ Insurance – A policy that protects the homeowner’s belongings, the structure of the property and covers injury to 3rd parties should damage, or injuries occur on the property.

Interest Rate – The cost attached to borrowing money (a mortgage).  The interest rate of a mortgage is set by the lender and can either be fixed for a specified time period or it can float, meaning that the rate may vary depending upon the interest rate set by the Bank of Canada.

Listing Price – The price of the property that is set by the seller.

Mortgage – A type of loan obtained by the buyer that is used to secure a property.  This type of loan is typically paid off over several years through monthly or biweekly payments.

Mortgage Broker – A lender who works on behalf of the buyer to secure a loan (mortgage) through a bank or another lending institution.

Multiple Listing Service (MLS) – A database used by real estate agents to list properties that are for sale.

Pre-Approval – The amount of money that the lender has decided you will be approved for (Your mortgage amount).  This number is based upon the borrower’s income, credit score and assets.  A pre-approval is recommended before a real estate agent will show you a home.

Principal – The outstanding balance of your mortgage.  As monthly mortgage payments are made, the outstanding principal is reduced.

Property Taxes – A tax based upon the value of your property that is paid by the homeowner.  This tax funds municipal services such as garbage collection, sewer, water, parks etc.

Sellers’ Market – A real estate market condition that exists when the number of prospective buyers outnumber the amount of homes on the market.  In this type of market, bidding wars are common.

Walkthrough – The home buyer’s final inspection of the property before closing.

These important real estate terms are going to make the home buying process much easier.  By understanding the language associated with buying a home, you should be more of an active agent in the process.  If any of these terms are not clear or you would like a more thorough explanation, please call or stop by today.

I would love to show you some of the new and exciting real estate properties that are available in the Vernon area and help you find your perfect home today.  I look forward to working with you soon.

 

 

Just released – our brand new and exciting East Hill / Harwood folders!

Just released – our brand new and exciting East Hill / Harwood folders! Containing lots of exciting statistics (can statistics be exciting?) and information about the recent sales and current homes for sale in East Hill and Harwood. To list your home and be included in this quality folder, call the Salt Fowler Team today and “Just Add Salt!” 250-549-7258

Just Released!!  Our North Okanagan Lakefront Properties Update! 

Just Released!!  Our North Okanagan Lakefront Properties Update! Here is a preview of our Lakefront Properties folder featuring homes and lots for sale and sold on Okanagan, Kalamalka and Swan Lakes.  This folder will be mailed out to all lakefront owners in the next 10 days!  If you are interested in selling your home and having it advertised in this popular marketing piece, please let us know!  We would be happy to feature your Lakefront home/strata/lot here.  Contact the Salt Fowler Team at 250-549-SALT (7258) or visit our website for more options for North Okanagan Lakefront for sale at http://www.okanaganlistings.ca/lakefront-homes-for-sale.php.

Monthly Market Update for August 2019

This North Okanagan Real Estate Update covers the areas of: Vernon, Coldstream, Falkland, Armstrong, Enderby and Lumby.

Updated Stats for Residential Homes in the North Okanagan:

Sell/Inventory Ratio:

17.99% (this is how much of what is currently on the market sold last month)

Days to Sell:

73 (how many days on average it is taking to sell a home. Please note this does not include additional time on the market of any listings that expired or were cancelled and then re-listed)

Avg. Sale Price:

$538,663 (averages can be skewed by a few really high, or really low $$ sales)

Median Sale Price:

$485,000 (the exact middle sale price of every residential property sold last month)

Waterfront Home Sales:

20 waterfront homes sold so far year to date.

North Okanagan overall statistics:

Total Units that were newly LISTED (and active on the market) during each of the past 3 months:

June: 411

July:  346

Aug: 333

Total Units SOLD (all property types including raw land and commercial) during each of the past 3 months:

June: 204

July:  240

Aug: 192

Wrap Up:

Sellers: As expected, the market has begun its slow recession into the upcoming fall and winter months. Both the minor decreases in listings sold and new listings are on trend with this forecasted change. However, fear not sellers. This seasonal adjustment in the market is slow to take affect and always temporary. Buyers are still searching the inventory, and now is an opportune time to make a slight change in your selling strategy to really catch their attention! Talk to your agent today for your home re-evaluation, as a small adjustment in price or selling strategy can go a long way in this market!

Buyers: Now is a wonderful time to be a buyer! As we enter the fall months, sellers are eager to close on their property before another winter, which can often put prospective buyers in a place of leverage. However, a talented agent is still your best ally as we continue to see multiple offers on low to mid range properties. Further, there are still a good amount of homes on the market, so now is a perfect time to either start the process or make a competitive offer on that place you’ve had your eye on all summer!

If you’re just beginning the home buying purchase, now is the time to find an agent who understands your needs! Reach out to the Salt Fowler Team now to get on our client list and hear about new homes as soon as they come on the market!

Please feel free to Contact Us Anytime: Lisa, Gord, Glenn, Alex, Joanne, Avrill, Christie, Bryan, Laura and Ryan of the Salt Fowler Team, RE/MAX Vernon – Top RE/MAX Team in British Columbia for 2018.

How Do I Conduct an Online Home Search?

Starting your home buying search online is a great first step.  However, many potential buyers quickly become overwhelmed looking at an endless supply of properties.  As your premier agent specializing in Vernon’s real estate market, I would like to help you streamline your online home search, so that you can save time and still find your perfect home.

Work with a Budget

One of the biggest mistakes many people make when starting an online search is not having any parameters.  The easiest way to streamline your online search is to set a budget.  Go to a few banks and contact some mortgage brokers to see how much you will be pre-approved for.  Use this number as a starting point when looking at homes.  By looking within your price range, you will greatly reduce the number of homes in your search.

Here’s the Deal:

To broaden your search just a bit, try looking at homes just outside of your maximum price range.  You may be able to negotiate with the seller and settle on a price that is within your budget.

Key Features

To further streamline, make a list of the key features that you are looking for in your dream home.  Rank these features from most important and non-negotiable to features that you may be willing to compromise on.  Some features that you may want to consider when making this list include:

  • Approximate square footage of your home.
  • The number of bedrooms and bathrooms.
  • Walkability score.
  • Proximity to schools, community centres and distance from your work.
  • Crime rate of the area, traffic in the area, any upcoming or ongoing developments.
  • Proximity to shopping centres, grocery stores and other businesses.

When making your list, be sure that you are thorough and have included everything that is important to you.  You do not want to purchase a home only to have buyer’s remorse.

Go with the Pro

Once you have narrowed your online home list down to the properties that are within your budget and have the key features that are important to you, it is time to contact a real estate agent.  The right agent will be able to arrange showings at your select properties and they will also be able to introduce you to other properties that you may have missed or overlooked.

The right real estate agent will prove invaluable when negotiating a final sale price and they will be able to take care of the arduous paperwork that is part of buying a home.

An online home search is a great start in finding your dream home.  If you have any other questions about how to conduct an online home search or would like to see some of the new and exciting properties that are available on Vernon’s real estate market, please contact me today.  I look forward to helping you find your dream home today.

 

North Okanagan Monthly Market update for July 2019

This North Okanagan Real Estate Update covers the areas of: Vernon, Coldstream, Falkland, Armstrong, Enderby and Lumby.

Updated Stats for Residential Homes in the North Okanagan:

Sell/Inventory Ratio:

22.14% (this is how much of what is currently on the market sold last month)

Days to Sell:

70 (how many days on average it is taking to sell a home. Please note this does not include additional time on the market of any listings that expired or were cancelled and then re-listed)

Avg. Sale Price:

$536,437 (averages can be skewed by a few really high, or really low $$ sales)

Median Sale Price:

$486,450 (the exact middle sale price of every residential property sold last month)

Waterfront Home Sales:

17 waterfront homes sold so far year to date.

North Okanagan overall statistics:

Total Units that were newly LISTED (and active on the market) during each of the past 3 months:

May: 484

June: 411

July: 346

Total Units SOLD (all property types including raw land and commercial) during each of the past 3 months:

May: 203

June: 204

July: 240

Wrap Up:

Sellers: This month’s ever so slight increase in sales and decrease in inventory could mean good news if your home is currently on the market. For an even greater chance at catching the attention of prospective buyers, now may be a great time to reevaluate your listing price or selling strategy. If you are considering listing your home, late summer is an opportune time to enter the market as buyers often want to either get situated before their kids go back to school, or before winter. Talk to your agent today for a free home evaluation!

Buyers: As we enter into the early fall months, the expected decrease in new inventory has begun, which can make the home buying process even more difficult. However, a large number of prospective homes still exist on the market, and now could be an ideal time to make a competitive offer! We are seeing a resurgence in multiple offers in the low to mid price ranges and even a few in the higher end. However, if your realtor is on the ball and you get in first, your chances of offering without competition is good.

If you’re just beginning the home buying purchase, now is the time to find an agent who understands your needs! Reach out to the Salt Fowler Team now to get on our client list and hear about new homes as soon as they come on the market!

Further, if you’re curious or confused about the new real estate representation rules in B.C., have a look at our new explainer video (attached in the email) and/or contact our team!

Please feel free to Contact Us Anytime: Lisa, Gord, Glenn, Alex, Joanne, Avrill, Christie, Bryan, Laura and Ryan of the Salt Fowler Team, RE/MAX Vernon – Top RE/MAX Team in British Columbia for 2018.