Foreclosures in BC are not the fire-sale deals you might imagine. If you’ve been picturing courthouse auctions, massive discounts, and quick flips, the BC foreclosure process will surprise you. Buying a foreclosure in British Columbia means going through the BC Supreme Court, writing subject-free offers, and competing against other buyers who can show up on court day with a better bid. This video explains how foreclosures in BC work, step-by-step, and why buying a foreclosure property is often more risk than reward.From Surrey to Vancouver and beyond, foreclosure homes in BC are increasing — but not all distressed properties are worth chasing. You’ll learn what triggers a foreclosure, how the court-ordered sale process works, and why the “as-is, where-is” condition can leave you with unexpected repairs or even the previous owner still living inside. The BC foreclosure process isn’t designed to give buyers a steal — it’s designed to recover what’s owed to the lender, which means prices are often close to market value.Foreclosure real estate in Canada also comes with no property disclosure statements, no guarantees, and no cleanup. You’ll see why financing is tricky, how the long wait for court approval can make you miss out on other homes, and why most foreclosure sales in BC close within just a few thousand dollars of similar market listings.If you’re searching for how to buy a foreclosure in BC, the truth about foreclosure homes for sale in British Columbia, or whether foreclosure listings in BC are actually a good deal, this is your must-watch guide. Whether you’re an investor, first-time home buyer, or just curious about the BC real estate market, knowing how foreclosures really work will help you avoid costly mistakes.#foreclosuresinbc #bcrealestate #buyingaforeclosure #foreclosureprocessbc #foreclosurehomesbc

Buying an assignment sale in BC real estate sounds like an easy win—until you learn how these contracts actually work. Many buyers think they’ve found the ultimate shortcut to profit in presale condos and townhomes, but assignments in British Columbia come with rules, taxes, and developer-friendly fine print that can leave you paying far more than expected. This video explains how assignments work in BC, why developers control the process, and what it really means to take over someone else’s presale contract.From the foreign buyer tax and BC’s new flipping tax to unexpected GST and property transfer tax bills, these are the real numbers that can gut your profits if you aren’t careful. You’ll hear how financing for an assignment is riskier than most buyers realize—and why market drops or low appraisals can leave you scrambling to find tens or even hundreds of thousands of dollars at closing. Assignments can change hands multiple times before completion, and each transfer increases the chance of missing documents, incorrect amendments, or costly legal messes.This is especially critical if you’re a first-time home buyer in BC, a U.S. buyer moving to British Columbia, or an investor looking at presale real estate in Vancouver, Surrey, or the Lower Mainland. These aren’t typical resale contracts—they’re complex agreements written by developer lawyers to protect the developer first. Understanding BC assignments means knowing the difference between a deal worth taking and one that could sink your finances.Whether you’re searching for “how assignment sales work in BC,” “risks of buying presale in Canada,” or “BC real estate taxes,” this video gives you the perspective you need before signing anything. Learn the questions you should be asking, what clauses to look for, and how to avoid the costly mistakes so many buyers have made. BC real estate is competitive enough—don’t make it harder by walking into an assignment unprepared.#bcrealestate #assignmentsales #presalerealestate #buyinginbc #canadarealestate

Thinking about moving to British Columbia from the U.S. in 2025? You’re not alone—and you’re definitely not crazy. More Americans than ever are packing up, crossing the border, and planting new roots in BC. The political climate, health care costs, and safety concerns are pushing people to look north. But moving to British Columbia from the U.S. isn’t just about fresh air and lower property taxes. It’s about understanding what really changes when you trade in square footage for quality of life.This video walks you through what most people don’t find out until it’s way too late—like whether you can even buy a home in Canada, how your U.S. credit score becomes useless, and why that so-called “universal healthcare” might leave you footing a massive bill if you’re not careful. You’ll learn how immigration status, foreign buyer taxes, and local rules around BC real estate can turn your dream move into a budgeting nightmare if you’re not prepared. This isn’t fluff—this is what people wish they knew before making the leap.Real estate in BC isn’t like the U.S., and neither is the process. Websites don’t work the same. Mortgages are structured differently. Even the terminology is foreign (literally). And unless you understand how things like the Speculation and Vacancy Tax or the Property Transfer Tax affect you, it could cost you six figures or more.This is your no-nonsense roadmap to moving to BC in 2025. Real estate buyers relocating to Canada from the U.S. need to hear this before signing anything. If you're searching for how to move to British Columbia, how to buy real estate in BC, or whether moving from the U.S. to Vancouver, Kelowna, or White Rock even makes sense—you’re in the right place.#movingtobritishcolumbia #canadarealestate #uscanadamove #livinginbc #bcimmigration2025

Selling your home in a buyer’s market can cost you—sometimes big. This video tells the real story behind a $40,000 home selling mistake and why overpricing your home, ignoring market conditions, and choosing the wrong real estate strategy can lead to disaster. If your home isn’t selling or you're planning to list soon, understanding how real estate pricing strategy actually works could be the difference between getting top dollar and sitting on the market for months. This isn't just another real estate failure story—it's a masterclass in what not to do when listing your home.Most sellers believe their property is “unique” and worth more than the one down the street. Spoiler: buyers don’t care about your patio view—they care about value. This video breaks down why home selling mistakes like overpricing are so common, and how buyer psychology, competition, and emotion can derail your outcome. Real estate agents who tell you what you want to hear aren’t helping you win—they’re helping you wait. In a market like Surrey or White Rock, where home selling is already tough, you can't afford to get it wrong.This is for anyone who’s been told, “Just list it and see what happens.” Here’s what really happens. Whether you’re buying a home, selling one, or just trying to understand why the market feels stuck, this is the conversation every seller wishes they had before listing. Don’t let ego, emotion, or bad advice cost you your next move. Real estate pricing strategy isn’t a guess—it’s a game of precision. And in this market, the buyers hold all the power.#homesellingmistakes #realestatemarket2025 #overpricingyourhome #surreyrealestate #howtopriceyourhome

☎ *Considering moving to White Rock/Surrey?* Connect with me here ➡ https://germyn.ca/connect🔥 *21 grants and incentives* to help home buyers save BIG ➡ https://germyn.ca/grants🧭 *LIMITED TIME* Access our BC home buyers course _($347 value)_ *FREE*- Visit https://germyn.ca/bchomebuyers and use code *LIMITEDTIME_FREEIf you own a home with a legal or unauthorized suite—or you’re even thinking about renting part of your property—you need to watch this.In this episode of Real Estate On Tap, we break down a CRA rule that’s flying under the radar but could have a huge impact on BC homeowners. Did you know adding a suite could trigger a deemed disposition, meaning you owe capital gains tax even if you haven’t sold your home? Yeah, we didn’t love it either.We’ll walk through what this means, who’s at risk, and why even having a legal suite doesn’t necessarily protect you from a tax bill. This isn’t just theory—these are real implications many homeowners and investors are totally unaware of.Plus, we take a look at what’s happening in the market right now. With Toronto heating up and BC still lagging, is the fall the turning point? And why is smart money diving back in?Whether you’re an owner, buyer, investor, or just watching from the sidelines, this episode delivers key insights you won’t want to miss.👍 Like, comment, and subscribe to stay updated on BC real estate trends, tax changes, and investment insights.DISCLAIMER:This video is for informational purposes only and does not constitute legal, tax, or financial advice. Always consult a qualified CPA, lawyer, or financial professional before making decisions related to taxes, real estate investments, or suite conversions. The information shared reflects our understanding as of the recording date and may not apply to your unique situation.🧑🏻‍💻 WEBSITE: germyn.ca📧 EMAIL: homes@germyn.ca📞 CALL: 604-670-7052*Don't be a stranger*If you want to know everything about *Surrey or White Rock BC* and the surrounding areas, then subscribe ▶ and tap the bell 🛎 for notifications, so you can be the first to know about the current market in *Surrey or White Rock BC* 😁_*All views, opinions and content in this channel is that of Darin Germyn and is not meant to provide personalized advice to the viewer. Please contact us directly to discuss your current situation or seek out the appropriate professionals._

🏡 *Still Think You’ll Qualify? Read This First* 👉 https://germyn.ca/6things☎️ *Think You’re Ready? Let’s Stress Test Your Plan* 👉 https://germyn.ca/connect🧭 *LIMITED TIME* Access our BC home buyers course _($347 value)_ *FREE*- Visit https://germyn.ca/bchomebuyers and use code *LIMITEDTIME_FREEFirst-time home buyer in Canada? You might not be who you think you are. In 2025, the typical first-time home buyer in BC looks nothing like the outdated version you’ve been sold. They're older, wealthier, more stressed—and often not buying alone. If you're still picturing a 27-year-old sliding into their starter condo with 5% down, this video might shake your assumptions. Especially if you're buying real estate in BC, Vancouver, or Surrey, where prices are brutal and competition is fierce.This video flips the script on what it means to be a first-time home buyer in 2025. You’ll see why living in Surrey BC or White Rock means playing a new real estate game—with completely different rules. The cost of entry is high, but the strategy to get in doesn’t need to be overwhelming. You'll hear what’s actually working for people today: how they're qualifying, what’s helping them buy sooner, and how family, friends, and smart planning are changing everything.Think buying with others is weird? It might be your only option. Think you're behind? You’re likely right on time. Whether you’re buying your first home in Surrey BC, considering co-ownership, or navigating the new First Home Savings Account, this video’s for you. It’s not about hope. It’s about real numbers, real timelines, and a smart plan to actually win in this market. Especially if you're tired of advice that doesn’t work anymore.If you're looking to stop guessing and start moving, you’re exactly where you need to be.#firsttimehomebuyer#bcrealestate#surreybc#movingtosurrey#realestatecanada*CHAPTERS*📚 📒 📚00:00 - What does a first-time home buyer look like in 2025?00:55 - Why buying your first home in your 20s is rare now02:05 - How old is the average first-time home buyer in Canada?02:45 - What’s changed about how people buy their first home?03:15 - How do people afford to buy real estate in BC?03:50 - What strategies are buyers using to enter the market?04:25 - How do I know if I’m ready to buy a home?05:05 - Why mindset matters more than ever for home buyers05:40 - What kind of homes are first-time buyers fighting for?🧑🏻‍💻 WEBSITE: germyn.ca📧 EMAIL: homes@germyn.ca📞 CALL: 604-670-7052*Don't be a stranger*If you want to know everything about *Surrey or White Rock BC* and the surrounding areas, then subscribe ▶ and tap the bell 🛎 for notifications, so you can be the first to know about the current market in *Surrey or White Rock BC* 😁_*All views, opinions and content in this channel is that of Darin Germyn and is not meant to provide personalized advice to the viewer. Please contact us directly to discuss your current situation or seek out the appropriate professionals._

☎ *Considering moving to White Rock/Surrey?* Connect with me here ➡ https://germyn.ca/connect🔥 *21 grants and incentives* to help home buyers save BIG ➡ https://germyn.ca/grantsEveryone's talking about a market crash—but are we actually in one? In this month’s Surrey & Fraser Valley real estate update, we unpack why home prices aren’t falling as fast as people think, and what’s really going on behind the headlines. Despite the media’s doom-and-gloom, condos in Surrey, townhomes, and detached homes are each telling a different story.We reveal the June 2025 real estate stats for the Fraser Valley and Lower Mainland, breaking down what’s holding prices steady in some areas—and why others are slipping. You'll hear real conversations about buyer hesitation, seller psychology, and how loss aversion is shaping today’s market. Most importantly, we explain why the phrase “market crash” is often misused—and what actually defines one.Is now the right time to buy? Or should you wait for interest rates to drop again? We talk about committed vs. curious sellers, rising inventory, and the sneaky reason your home might not be selling. If you’ve been wondering whether this slow summer market is the calm before the storm or the perfect buying window—this video is for you.And yes, we do talk beer.If you're serious about understanding Surrey real estate and want to make smart decisions this year, don’t miss this one.#surreyrealestate #fraservalleyhomes #bcmarketupdate #housingmarket2025 #realestatecrash🧭 *LIMITED TIME* Access our BC home buyers course _($347 value)_ *FREE*- Visit https://germyn.ca/bchomebuyers and use code *LIMITEDTIME_FREE*CHAPTERS*📚 📒 📚[00:00:00] Why Aren’t Home Prices Dropping Faster?[00:01:56] What Is (And Isn’t) a Real Estate Market Crash?[00:03:29] Fraser Valley & Surrey Housing Stats – June 2025[00:04:31] Are Entry-Level Homes Still Selling in This Market?[00:05:02] Year-over-Year Price Drops: Condos, Townhomes, Detached[00:07:04] Why Real Estate Prices Fall Slowly[00:08:24] Buyer & Seller Psychology in a Slow Market[00:11:47] Committed Sellers vs. Curious Sellers – What’s the Difference?[00:16:24] What a Real Market Crash Looks Like (And Why We’re Not There)[00:23:21] What Could Actually Shift the Housing Market in 2025?🧑🏻‍💻 WEBSITE: germyn.ca📧 EMAIL: homes@germyn.ca📞 CALL: 604-670-7052*Don't be a stranger*If you want to know everything about *Surrey or White Rock BC* and the surrounding areas, then subscribe ▶ and tap the bell 🛎 for notifications, so you can be the first to know about the current market in *Surrey or White Rock BC* 😁_*All views, opinions and content in this channel is that of Darin Germyn and is not meant to provide personalized advice to the viewer. Please contact us directly to discuss your current situation or seek out the appropriate professionals._

If you’re staring down the barrel of a big loss on an investment property, don’t panic—get strategic.

In this episode, I sit down with Jimmy Letang from Achieve CPAs to break down three smart, legal, and often-overlooked strategies investors can use to offset significant losses when selling real estate. Whether you’re a seasoned investor, a homeowner-turned-landlord, or someone rebalancing your portfolio, this episode is packed with high-impact advice you need to hear before you sell.

We talk about:

• ✅ How to use losses to your advantage (and reduce your tax bill)

• ✅ The right way to structure a sale to unlock tax opportunities

• ✅ What most people miss completely when selling at a loss

This isn’t theory—Jimmy works with real clients every day who are navigating exactly this scenario. We get into the details without the jargon, so you can walk away with clarity and confidence.

If you or someone you know is holding a property that’s lost value, this could literally save tens of thousands of dollars.

👉 Listen now and protect your bottom line.

Be sure to share this episode with someone that needs to hear it!