Value Plus 3% Real Estate - Vernon BC on Our Okanagan:

Welcome to Vernon BC’s newest Realty with the EXPERIENCE TO SAVE YOU MONEY!

With over 75 combined years of real estate experience and one of Vernon’s leading Real Estate Teams* for the past 8 years (2003-2011) we are pleased to offer our valuable clients the TOTAL REAL ESTATE EXPERIENCE!

Finding the right agents to help you with your real estate needs is a very important decision that is why Value Plus 3% Real Estate Inc. is dedicated to serving Vernon Real Estate and the entire North Okanagan Community.

GIVE US A CALL, WE CAN SAVE YOU MONEY!

Our Okanagan is a quick and easy-to-use search tool that lets you discover and celebrate what the Okanagan Valley has to offer. Check out all the businesses, services, products, promotions and sales our beautiful valley has to offer!
Edit Widescreen Slideshow (original)
Edit Filmstrip Gallery (new)

To publish updates, events and sales/promotions, go to My Account. Edit your information, post new Job/Volunteer opportunities, RFPs and Investment Opportunities below on this page.

Value Plus 3% Real Estate - Vernon BC
Business Logo

Address 102 - 4313 27th Street

Vernon, BC
V1T 4Y5
(View Map)
Phone (250) 308-1888
Fax (778) 475-6214
Business
Keywords
vernon real estate, listings, homes, condos, lots, for sale, Brian Rogers, Glen Stephanishin, Randy Skladan, Stuart Spanier
Key Contact Randy Skladan, Brian Rogers
Email info@vp3.ca
Website www.vp3.ca/
Social TwitterFacebookLinkedIn
Description

Welcome to Vernon BC’s newest Realty with the EXPERIENCE TO SAVE YOU MONEY!

With over 75 combined years of real estate experience and one of Vernon’s leading Real Estate Teams* for the past 8 years (2003-2011) we are pleased to offer our valuable clients the TOTAL REAL ESTATE EXPERIENCE!

Finding the right agents to help you with your real estate needs is a very important decision that is why Value Plus 3% Real Estate Inc. is dedicated to serving Vernon Real Estate and the entire North Okanagan Community.

GIVE US A CALL, WE CAN SAVE YOU MONEY!

What We Offer

#1 PRODUCING OFFICE IN 2012

#1 PRODUCING OFFICE IN 2012

Value Plus 3% Real Estate is the #1 Producing Office in 2012 for the entire North Okanagan!

We are so proud to announce that Vernon’s own Value Plus 3% Real Estate Inc. has been recognized as the #1 Producing Office for residential real estate sales in 2012 for transactions per agent, as based on statistics from the Okanagan Main-line Real Estate Board.

The owners/partners of Value Plus 3% Real Estate Inc, Brian Rogers, Glen Stephanishin, Stuart Spanier and Randy Skladan humbly thank all their clients, new and old for making this possible

Not only is this an amazing accomplishment for a new company, it was accomplished in only 7 months of 2012!

Why did so many clients choose Value Plus 3% to represent them? Maybe it is due to the 75 years + of real estate experience we have, or the full MLS exposure we offer, perhaps the cutting edge viral marketing and promoting of our clients listings, maybe the constant feedback and communication to our valued clients, or best of all the opportunity to save thousands of dollars on the commissions.

If 2013 is the year you are thinking of selling or buying you owe it to yourself to call us for a private consultation to discuss your real estate needs. Brian, Glen, Stuart and Randy can be reached at 250-308-1888.

homes for sale

Value Plus 3% Real Estate Inc. is dedicated to serving Vernon and the entire North Okanagan Community and we love to help real estate buyers find a home that meets their requirements.

Vernon Real Estate Listings - Value Plus 3% Real Estate - Vernon

Welcome to Vernon BC’s newest Realty with the EXPERIENCE TO SAVE YOU MONEY!

With over 75 combined years of real estate experience and one of Vernon’s leading Real Estate Teams* for the past 8 years (2003-2011) we are pleased to offer our valuable clients the TOTAL REAL ESTATE EXPERIENCE!

Finding the right agents to help you with your real estate needs is a very important decision that is why Value Plus 3% Real Estate Inc. is dedicated to serving Vernon Real Estate and the entire North Okanagan Community.

GIVE US A CALL, WE CAN SAVE YOU MONEY!

Jun 22, 2012

BC PROPERTY TRANSFER TAX & FIRST TIME HOME BUYER

The amount of the Property Transfer Tax is 1% on the first $200,000.00 of the property's fair market value and 2% on the remaining fair market value.

For example, if the fair market value of the property is $200,000.00, the tax payable would be $2,000.00 (1% of $200,000.00). If the fair market value of the property is $250,000.00, the tax payable would be $3,000.00 (1% on the first $200,000.00 = $2,000.00 and 2% on the remaining $50,000.00 = $1,000.00).

“Fair Market Value" is best described as the price that would be paid for a property on the open market (which is usually the actual purchase price paid for the property). If the transfer of property is taking place without the exchange of money, the fair market value must be the fair value of the property if same was sold on the open market. In some situations, the fair market value is determined by the recent Assessment received from the Assessment Office.

There are a number of exemptions available to purchasers so that the tax is not payable. The most common is the exemption for "First Time Home Buyers”. To qualify for an exemption to the Property Purchase Tax as a First Time Home Buyer, the following criteria must be met:
• Purchaser must never have owned an interest in a principal residence anywhere in the world at any time;
• Purchaser must be a citizen of or a permanent resident of Canada and have resided in B.C. for at least one year prior to the purchase or have filed two income tax returns as a British Columbia resident within the last 6 years;
• To obtain full exemption, the purchase price must not exceed $425,000.00. A partial exemption is available for homes between $425,000.00 and $450,000.00;
• Purchaser must move into the property within ninety-two days after registration of the purchase of the property and reside in the property for at least one year;
• Pro rata exemption where property exceeds .5 hectares or a portion of the property is not residential (i.e. commercial lofts) - purchase price of entire property must not exceed the price limitations.

Other exemptions exist as well, such as a transfer of a principal residence between family members. For details on this and other exemptions go to: http://www.sbr.gov.bc.ca/business/property_taxes/property_transfer_tax/ptt.htm and choose the appropriate button on this screen.

Property Transfer Tax should not be confused with Property Tax. The Property Transfer Tax is a one time tax paid to the Provincial Government by purchasers of real estate. The Property Tax is the tax paid on an annual basis to the local City/Municipality.

Please remember that the Property Transfer Tax Act may frequently change along with the exemptions for payment of this Tax.

There are no job/volunteer opportunities available at the moment.

There are no Request for Proposals available at the moment.

There are no Investment Opportunities available at the moment.