News: Vancouver Real Estate Market

The Contract of Purchase and Sale (CPS) is one of the key documents used in a real estate transaction. The attached video created by the British Columbia Real Estate Association (BCREA) will help you understand and answer some of the common questions, such as:

• When does the process begin and when is the Contract of Purchase and Sale used?
• What do the terms in the contract mean?
• What information is included in the Contract of Purchase and Sale?

If you want to know more about the CPS form, feel free...

It's a Seller's market. Demand is high. Multiple offers are rampant and homes are selling like "hot cakes" within a few days above the asking price. You are ready to buy a home. You've engaged the services of a real estate agent and have spoken to your mortgage broker to confirm financing. After a few weeks of browsing all the newly listed properties you see a home that you really like. You've been advised that given all the interest the home will likely sell very quickly. You decide to make...