Since COVID, headlines have appeared regularly about the challenges strata organizations have finding affordable coverage for their property. Some have even called for governments to intervene. We believe that if you understand how insurers look at your property, you can present your business case in a favourable way and obtain insurance at reasonable rates. We […]
Buying & Selling
You May Outlive Your Strata, But Not By Much: Maintaining Building Good Health
Our experience helping strata protect the value of their buildings shows that residential multi-units tend to have a much longer life expectancy than other types of buildings, about the same lifespan as humans. This similar longevity invites an interesting comparison between humans and buildings. It helps to start with good genes, a quality construction and […]
Selling Your Strata or Condo: Preparing for the Dreaded Home Inspection
If you’ve ever bought a new home, then you know the drill. You decide to sell, and the real work begins. 2 huge phases are needed: (1) get your current home ready to put on the market, and (2) get the new home ready once you move in. Within those 2 phases there are 2 […]
Predictive Analysis and Your Banker: What Your Banker Wants to See to Approve a Mortgage, and How Predictive Analysis Provides That
A friend told us how they cleaned their home top to bottom to prepare for the Bank inspection for their Mortgage renewal. They wanted to make the best impression to get favourable terms. When you live in a Strata your banker not only looks at the inside of your home, the part you own, but […]
Shopping for a New Home? Minimize Maintenance Fee Shocks if Looking at Condos.
Shopping for a Condo, or other Strata managed home? As a shopper, the following article will help. As a shopper, you should also ask for a Predictive Analysis. Give us a call to know more about how a Predictive Analysis provides so much more in addition to the Depreciation Report. https://ca.finance.yahoo.com/news/minimize-maintenance-fee-shocks-shopping-170605018.html Contact Us
Extended Lives: Understand the Expected Life Spans of Each System Component in Your Strata Managed Building
We talk a lot about planned maintenance versus waiting for things to break and enduring the surprise costs to fix. We talk about these two things because such surprises have the potential to totally disrupt a Strata homeowner’s life. Using the roof system of your building as a prime example, the accompanying picture shows the […]
Bylaws, Bylaws, bylaws
Bylaws, Bylaws, and More Bylaws: Why it’s So Important That You Understand Each One Thinking of purchasing a Strata Managed home? Make sure you read the bylaws for that Strata before the purchase, and if you have any questions, ask. The following article gives a deeper explanation as to why. Copyright: stylephotographs https://www.timescolonist.com/life/condo-smarts-bylaw-amendments-must-comply-with-strata-act-human-rights-code-5152530 Contact Us
Integrity: Doing the Job Right From the Start
Sadly, Integrity is a word not in common use these days when describing work habits or professional demeanour. Too many companies reward an employee’s ability to get the job done without ever asking how achievements were attained. Many employers don’t really care about the “how” as long as the “done” appears. The ironic thing is […]
Relative Humidity and the Happy Family – Primer #5
If you think you may have a problem caused by Relative Humidity, we hope that this series of posts on the topic helps you to move forward. We sincerely hope you don’t get overwhelmed by the issue, because dealing with it using the tips we’ve discussed can lead to you being a happy rather than […]
Relative Humidity Primer #4
Relative Humidity and its role in your comfort level at your home is fairly straightforward, but also fairly deep and complex as far as the number of factors that should be considered, and the number of things you should look for and maintain properly. Last week we listed tips that will help ensure Exhaust Air […]
Relative Humidity Primer #3
If you’ve been following our series of posts about Relative Humidity (RH) ion the home, you’re now many steps ahead of most people in understanding why it’s so important to understand, and importantly, why you need to control it. So over the next 2 – 3 posts, we’re providing tips for homeowners for doing just […]
Relative Humidity Primer #2
How to Correctly Control RH In our last post we defined what Relative humidity is and described certain relative factors that will help homeowners understand how it can become a real menace to the comfort level of the home, or the friend it can be to your comfort. This week, in a bit of a […]
