November Snap Stats Newsletter

Many people are struggling with the same question… is now the right time to downsize? How can we be sure? While others may have thoughts and opinions on your situation, only you can decide if it truly is the right time in your life. Of course, sometimes there are external factors, such as divorce or unemployment that may force your hand but for most people, the kids are out of the house now and they don’t want to spend their retirement mowing a huge lawn or cleaning way more square footage than is necessary.

Westport Properties Inc. has written down a few things to keep in mind/questions to ask yourself when considering making the move.

What You Can Live Without
While downsizing doesn’t necessarily mean that you’ll have fewer bedrooms, it is likely that you won’t have as much room to host. If you have adult children, is it likely that will not be returning home? Do you need space for grand kids? These are important things to ask yourself or at least take into consideration. Just remember though, just because you’re downsizing, it doesn’t mean you must go from a five-bedroom home on a large lot to a 1 bedroom and den condo. There are beautiful and spacious townhomes that will mean less cleaning and no yard work that are significantly less than single family homes. 

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With the festive season upon us, many B.C. residents could use a little extra money to help get them though the holidays. For many people, that elusive extra cash may be closer than they think. Thousands of British Columbians have forgotten funds sitting in dormant accounts waiting to be claimed.

In B.C., there is an estimated $130 million in unclaimed funds in long-forgotten credit union accounts, unpaid wages, overpayments to debt collectors, unclaimed proceeds from courts, pension funds, estates and forgotten real estate deposits.

"Accounts become dormant for a number of reasons," says Alena Levitz, executive director of the not-for-profit B.C. Unclaimed Property Society, whose mandate is to put forgotten or unclaimed funds back in the hands of the rightful owners. "People move without leaving a forwarding address, neglect to pick up a final paycheque, forget about a security deposit or they simply pass away."

Under the British Columbia Unclaimed Property Act, companies and organizations have a legal responsibility to identify and locate the owners of dormant accounts. If unsuccessful, they are required after a specified period of time to transfer these unclaimed funds to the B.C. Unclaimed Property Society.

Enjoy breath taking view white capped Cascade Mountains right down to the sandy beaches of White Rock. Loose yourself in over 4,200 sq.ft. of contemporary Modern Design and West Coast touches. Another proud home built by renowned designer and builder, Wind Ridge Properties who are known for their excellence in craftsmanship and use of quality materials. Features of this home include 4 generous rooms with en-suite bathrooms, great room, formal dining room, a spacious recreation room, and dream kitchen to make any chef feel like a professional amongst the Thermador stainless appliances. Spaciously equipped with 4 covered parking stalls for all the toys! Ask realtor for full package or click here for more information on this brand new listing.

Contact us now to be the first to see this beautiful property.

World Class apartment with Endless Ocean and Sea Side views. Close to everything! 2,363' all on one floor, luxurious contemporary design with oversized walkways. Featuring 3 bedrooms all with Ensuite, den, 9' ceiling and A/C, top to bottom. Enjoy Views from everywhere, open the 14' Nano doors and let the outside in while you enjoy your 250' Sundeck. Perfect for morning coffee or evening bbqs with family and friends while you watch the sun go down. Gourmet chef kitchen with Jenn-air a, touch less faucet and Granite countertop. Other luxurious features including hardwood and marble flooring, radiant heat, double garage and storage, central location, minutes walk to the beach. White Rock Elementary and Semiahmoo Secondary. Ask realtor for full package or click here for more information on this brand new listing.

Contact us now to be the first to see this beautiful property.