Hey everyone..... sorry, but I've got a very bad case of sciatica, and am moving very slowly right now, but I will be online at 11:30 AM Saturday May 9th on the link here https://www.skool.com/live/Fbn9yY7F4fS just in case you want to chat with me. Remember that we have a lady in our Skool Community that is interested in buying 1/2 a home in the Spectrum School area. It would be $500,000 for the downstairs suite or $550,000 for the upstairs suite. I've provided the information below on this home.

Wednesday, May 13th @ 9am - 5pm Tillicum Rd, Victoria, BC V9A 2B7 Judy and I are setting up a booth at the 55+ Lifestyle Show and will be at the Pearks Area on Wednesday May 13th from 9:00-5:00. Send anyone who says they are "House Poor" or have been thinking of retiring, downsizing, or have too much yard maintenance, or wants to sell part of their home. We did it. Imagine getting some cash out of your home, buying that Motorhome, doing some traveling, and camping. Or what about that cabin on the lake you've been dreaming of. Whatever you want to do with some extra cash works. We will show you how to do it.😃

Before buying a home with someone else, it’s important to understand how you’ll actually hold title. The way ownership is structured can affect control, inheritance, estate planning, and what happens if one owner wants out. Take this quick quiz: 1. A couple is buying their first home together. Which ownership structure is most commonly chosen by married couples? A. Joint tenancy B.Tenants-in-common C. Life lease 2. A co-owner can usually sell or transfer their share more independently under which ownership structure? A. Tenants-in-common B. Joint tenancy C. Spousal ownership 3. You can hold unequal shares in the same property if you choose: A. Joint tenancy B. Tenants-in-common C. Condominium ownership 4. Which ownership structure can unintentionally override what is written in your will? A. Joint tenancy B. Tenants-in-common C. Sole ownership 5. Why is it important to understand how you’ll take title before completing a home purchase? A. It only affects property taxes B. It impacts inheritance, control, and future legal outcomes C. It determines mortgage interest rates Think about your answers before checking the answers below. Want to learn more about Shared Home Ownership, Co-Ownership, and how to safely structure a purchase with another person or couple? Join the conversation inside our Shared Home Ownership Victoria community. Answer key: 1. A — Joint tenancy 2. A — Tenants-in-common 3. B — Tenants-in-common 4. A — Joint tenancy 5. B — It impacts inheritance, control, and future legal outcomes Answer Key & Simple Explanation 1. Joint tenancy is commonly used by spouses because of the right of survivorship. 2. Tenants-in-common allows each owner to hold a defined share, which can usually be sold, transferred, or left through their estate. 3. Tenants-in-common can hold unequal shares, such as 50/50, 60/40, or another agreed structure. 4. Joint tenancy can override your will because the deceased owner’s interest may pass directly to the surviving joint tenant. 5. The way you take title matters because it can affect inheritance, control, estate planning, future sale options, and legal outcomes.

Here's our Thursday night video based on the home located at 3905 Grange Rd. (see the Listing and floor plans below) Kam Brar from Auxilium Mortgage, breaks down the financing for 2 partners where the upper suite would sell for $575,000 and the lower suite would sell for $500,000. We are looking for someone who can qualify for at least $500,000 so if you or someone you know is interested, let me know right away. Feel free to share this video as well. P.S. When you get time check out the new articles and videos under the Buyers and Sellers Classrooms. Thanks for being part of our Skool Community and for being willing to be a student. David 250-812-7277