Affordable BC Real Estate!

"CarsofFortLangley - Oppo Forever" (carsoffortlangley) 01/05/2020 at 22:35 • Filed to: None

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You!Yes you there.

How about a home previously worth over $1M? Yours for only a buck or two! Less than a cup of coffee!

Yes, you can afford a home in one of the most expensive places to live in North America for the change down the back of your couch!

What do you get for your dollar?

A h ome b uilt in 2011 with 5 bedrooms and 4 bathrooms with a 16039 square foot plot of land on the stunning Vancouver Island coastline.

What’s the catch you ask? None!....

Well...just one. !!!error: Indecipherable SUB-paragraph formatting!!! .

Boxer_4 > CarsofFortLangley - Oppo Forever 01/05/2020 at 22:40

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Property values are falling faster than the houses themselves . I’m undecided whether that is a good thing or not...

CB > CarsofFortLangley - Oppo Forever 01/05/2020 at 22:40

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If it sinks into the sea, that’s oceanfront property!

CarsofFortLangley - Oppo Forever > CB 01/05/2020 at 22:45

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It's a bargain!!

Highlander-Datsuns are Forever > CarsofFortLangley - Oppo Forever 01/05/2020 at 22:52

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Sink holes? Easily delt with by dumping a few thousand tons of concrete.

Deal Killer - Powered by Focus > CarsofFortLangley - Oppo Forever 01/05/2020 at 23:04

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Back before the ‘08 recession and housing crash, home owners complained to me endlessly about rising property taxes and property assessments. My response was, well, it’s better going up then going down. Now, I rarely, if ever, have anyone complaining to me about their rising property values. Of course, it’s taken about this long for some areas of NW Ohio/SE Michigan to get back where they were in ‘05-’06. Some areas aren’t there yet, and may never be.

Longtime Lurker > CarsofFortLangley - Oppo Forever 01/06/2020 at 00:11

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Hmm I wonder how much money the new owner would be on the hook for cleanup costs?

fintail > CarsofFortLangley - Oppo Forever 01/06/2020 at 00:12

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This and Prince George might be the only places now not dabbled in by money laundering residency purchasing “investors”/”entrepreneurs”. 

CarsofFortLangley - Oppo Forever > Longtime Lurker 01/06/2020 at 00:21

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Not sure, I think it may be a situation where nature reclaims what’s left.

Longtime Lurker > CarsofFortLangley - Oppo Forever 01/06/2020 at 00:28

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I thought BC government was big into NOT throwing garbage into the ocean.

But I’d buy if I knew there would be no financial consequence.

CarsofFortLangley - Oppo Forever > Longtime Lurker 01/06/2020 at 00:47

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To be honest, I think nobody knows how this will play out.

Sucks for the homeowners, no insurance would cover this.  They’re out at least a mil AND until now have had to pay property tax on their homes

pip bip - choose Corrour > CarsofFortLangley - Oppo Forever 01/06/2020 at 01:37

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ouch