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New property listed in Okanagan Falls

I have listed a new property at C21 4505 MCLEAN CREEK Road in Okanagan Falls. See details here

The most desirable location in the park! This corner 2 bed + den/1 bath unit boasts beautiful views from the deck and windows of the cliffside, ample yard space for gardening and room for 2 vehicles! This home has excellent flow and vaulted ceilings featuring a large kitchen with dining nook and bay windows. There is an abundance of natural light and an open concept living room area with skylight and laminate flooring that runs through to the den which could double as a family room, office or hobby room. The ceiling and beams were just freshly painted and other updates include replaced furnace, the covered deck with glass railings, some exterior aluminum replaced with vinyl siding, doors and windows with internal tilt & lift mini blinds for easy maintenance and ample light. Enjoy the lovely walking path along the creek located just at the end of the street. Peach Cliff Estates is a 55+ community which allows 1 pet upon park approval, sorry no rentals. Pad Rent is $548/month. (id:2493)

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New property listed in Okanagan Falls

I have listed a new property at D10 4505 MCLEAN CREEK Road in Okanagan Falls. See details here

This cute as a button, well-maintained single-wide 2 bed/1 bath home is located in the desirable Peach Cliff Estates 55+ park. This lovely home has had the electrical updated, energy efficient heat pump installed for low electrical bills, a new 40 gallon hot water tank and windows replaced. It offers a bonus family room off the kitchen and even an indoor workshop at the back, great for all your projects and hobbies! Outside you'll find a covered deck, small yard, shed and at the end of the street you can access the walking path along the babbling creek. Pad rental is $536/ month, 1 pet allowed upon approval, sorry no rentals. (id:2493)

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New property listed in Okanagan Falls

I have listed a new property at C21 4505 MCLEAN CREEK Road in Okanagan Falls. See details here

The most desirable location in the park! This corner 2 bed + den/1 bath unit boasts beautiful views from the deck and windows of the cliffside and ample yard space to garden and enjoy. This home has excellent flow and vaulted ceilings featuring a large kitchen, lots of natural light and an open concept living room area. Recent updates include a covered deck with glass railings, addition of a den, some exterior aluminum replaced with vinyl siding, laminate flooring in main living area, newer doors and windows with internal tilt & lift mini blinds for easy maintenance. Enjoy the lovely walking path along the creek located just at the end of the street. Peach Cliff Estates is a 55+ community which allows 1 pet upon park approval, sorry no rentals. Pad Rent is $548/month. (id:2493)

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New property listed in Okanagan Falls
I have listed a new property at C4 4505 MCLEAN CREEK Road in Okanagan Falls.
Pride of ownership is evident in this lovingly updated home in Peach Cliff Estates. Located towards the end of a quiet street, close to the walking trail and creek, you will find this gem. Kitchen and bathroom have been completely remodeled and feature new cabinetry, plumbing fixtures and appliances. Fresh paint inside and out, as well as new laminate flooring, baseboards and lighting give this home a bright and modern feel. All the big ticket items have been updated within the last 7 years including the roof, windows, hot water tank, high efficiency furnace and electrical. The large secondary bedroom provides enough space for bunk beds & a queen; and the new addition makes the perfect craft room or could even be a third bedroom! Finally there is a workshop located at the back of the home. Head outside to your peaceful, fenced yard and relax on the decks or garden to your hearts' content. 55+ community, 1 pet allowed upon approval, sorry no rentals. (id:2493)
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New property listed in Okanagan Falls
I have listed a new property at D10 4505 MCLEAN CREEK Road in Okanagan Falls.
Is affordable retirement in the beautiful South Okanagan on your wish list? Look no further than this clean, well-maintained single-wide 2 bed/1 bath home in desirable Peach Cliff Estates 55+ park. This lovely home features an open concept with great flow between the kitchen, dining and living room with a bonus family room off the kitchen. The dedicated laundry room provides ample space for an additional fridge/ freezer; and at the back of the home you will find your very own workshop, great for all your projects and hobbies! This location offers a wonderful community environment, less than 5 minutes to downtown OK Falls where there is a new grocery store and just 25 minutes to Penticton. Pad rental is $526/ month, 1 pet allowed upon approval, sorry no rentals. (id:2493)
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Open House. Open House on Saturday, August 6, 2022 10:30 AM - 12:00 PM
Please visit our Open House at C21 4505 MCLEAN CREEK Road in Okanagan Falls.
Open House on Saturday, August 6, 2022 10:30 AM - 12:00 PM
Fire up the BBQ and enjoy the view from your covered deck on a corner lot at the desirable Peach Cliff Estates. This single wide feels more like a double with a large open den connecting to the living room. The spacious kitchen boasts bay windows and space for your dining room table. Moving down the hall you'll find a second bedroom, laundry and bathroom equipped with separate shower, large tub and lit up vanity counter perfect for getting ready. Finally the primary bedroom is located at the end of the hall. Updates include new covered deck with glass railings, some exterior aluminum replaced with vinyl siding, laminate flooring in main living area, newer doors and windows with internal tilt & lift mini blinds making maintenance easy and no dusting of blinds required. 55+ community, 1 pet allowed upon approval, no rentals. Pad Rent $538/mo. (id:2493)
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In March 2022, the BC Government proposed an amendment to the Property Law Act allowing purchasers the right to recision, otherwise known as a “cooling off period”, in efforts to help protect buyers in the residential home buying process. To give context to the matter, at the time the province had been in an extended period of limited inventory, experiencing significant home price increases and had an excess number of buyers all vying for the same few homes. Many buyers were left frustrated after continually competing in multiple offer situations just to hear that yet again their offer was not accepted. Some purchasers, in order to make their offer more attractive, wrote subject free offers. A subject free offer means there are no conditions and upon the seller’s acceptance the purchase is firm. Buyers who make a subject free offer forgo the opportunity to ensure financing is secured, do a home inspection or perform any other due dilligence after the offer is accepted.   

So, what exactly is the Homebuyer Protection Period? The HPP will allow purchasers to back out of a real estate transaction within three days for any reason. However, this comes at a cost. A rescission fee of 0.25% of the home’s purchase price will be paid to the seller by the buyer if they choose to rescind their offer during this period. On a million-dollar home that would be a $2,500 fee the buyer will then owe to the seller if they choose to rescind their offer during this period.

For those of you who have not bought or sold in a while or maybe you’re a first-time home buyer, it’s important to know that the majority of offers have conditions. Your REALTOR® will advise you accordingly when preparing your offer to ensure you are protected and include conditions unique to your situation. These conditions allow you the opportunity to perform your due diligence upon having an accepted offer so that you can move forward confidently and complete your purchase.  

Skip to July 2022, BC’s real estate market is in a very different place. Inventory has risen, the Bank of Canada has introduced multiple hikes to the prime lending rate and the market has generally softened. We are no longer experiencing subject free offers and homes selling for significantly over asking price, in fact we are often seeing price reductions in attempt to attract one offer. The real estate market is cyclical and will continue to experience ups and downs throughout our lifetime.

This month, the BC Government announced that the Homebuyers Protection Period will take effect on January 1, 2023. After already experiencing a shift in the market, it leaves many to wonder why the government is continuing to focus on protection for buyers only. Shouldn’t all consumers including sellers be protected equally? The president of the Association of Interior REALTORS® states, “Ultimately, these regulations will be inconsequential and fail to improve consumer protection. Which is a real shame because consumers in the interior and across the province really deserve better.” 

How does this affect you? As a buyer, you need to know that this does not come into effect until January 1, 2023. Many consumers have been confused about the early announcements and think this has already come into effect which is not the case. Secondly, there is a fee for using the recission card which comes in at 0.25% of the purchase price. Thirdly, this isn't a replacement for using a REALTOR® when making a purchase. In most scenarios, buyers do not pay the commission in BC. It's a no brainer when it comes to making one of life's largest purchases that you want a professional advocating for your best interest. 

As a seller, you need to know how this recision period may affect any subsequent purchase you are making. Know that the purchaser may change their mind and collapse the contract for any reason during the recision period. Finally, make sure you have a professional advocating on your behalf. 

Have questions about the Homebuyers Protection Period and how it affects you? Leave your questions in the comments!

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New property listed in Okanagan Falls
I have listed a new property at C21 4505 MCLEAN CREEK Road in Okanagan Falls.
Fire up the BBQ and enjoy the view from your covered deck on a corner lot at the desirable Peach Cliff Estates. This single wide feels more like a double with a large open den connecting to the living room. The spacious kitchen boasts bay windows and space for your dining room table. Moving down the hall you'll find a second bedroom, laundry and bathroom equipped with separate shower, large tub and lit up vanity counter perfect for getting ready. Finally the primary bedroom is located at the end of the hall. Updates include new covered deck with glass railings, some exterior aluminum replaced with vinyl siding, laminate flooring in main living area, newer doors and windows with internal tilt & lift mini blinds making maintenance easy and no dusting of blinds required. 55+ community, 1 pet allowed upon approval, no rentals. Pad Rent $538/mo. (id:2493)
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New property listed in Okanagan Falls
I have listed a new property at C17 4505 MCLEAN CREEK Road in Okanagan Falls.
Walking into this bright and cheery home, you can't help but feel good! Located in the desirable Peach Cliff Estates, this single-wide, 2 bed/1 bath is move in ready. The attention to detail is unparalleled in the updates completed giving this home a fresh and modern feel. The paneled walls have been replaced with drywall, fresh paint & crown molding, there is also vinyl flooring carried seamlessly throughout every room. The kitchen boasts newer cabinets and a matching appliance set (approx. 3 yrs old) and newer furnace & HWT. Bask in the sun and enjoy a glass of wine on one of your two decks looking out at the stunning Okanagan surroundings and your yard. The impressive shop out back provides the perfect space for all your projects and the storage shed additional space for your belongings. Peach Cliff Estates is a wonderful 55+ community which allows 1 pet upon approval, no rentals. Come enjoy all that the South Okanagan life has to offer! (id:2493)
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