A huge thanks to the Campbell River Mirror and to all who voted. RealPro is a small boutique firm that is dependent on the success of our community and to have your support is a great honour.  Congratulations to all the finalists and winners!

In hot real estate markets, it’s common for both buyers and agents to consider having no subjects to financing when making a purchase offer.

It’s important to realize, however, that no professional is in a position to legally advise you to enter into a real estate transaction with no subjects, especially no subject to financing.

This is a personal choice that you must carefully consider. Understanding the risks involved will help you make an informed decision.

Keep these three points in mind when making the choice with which you will be most comfortable:

1. Regardless of whether you have secured a rate hold / pre-approval, the lender has the right at any time to decline the property. This can occur for a number of reasons including but not limited to: value, condition, wiring, tanks, strata documents, zoning, work completed without permits, full fix completed without proper documentation, rental components or remaining economic life. Lenders only review property details once an accepted offer is in place – not when you’re simply considering making an offer or during the time you’re going back and forth as part of the negotiating process. They then review the contract, property disclosure statement (PDS) and anything else accordingly.

2. Even if a lender has approved you based on credit and income, if your scenario has since changed and they request further documentation (eg, you haven’t received enough overtime, you spent more on your credit cards, your employment/credit has changed or there was something you may have forgotten to disclose), they have the right to alter or cancel the approval. All lenders only do a full review of your credit and income once you have an accepted offer in place. They only view an application for rate hold or pre-approval purposes and verify once an accepted offer is in place with the right reserved to disregard the pre-approval, or even an approval at any time for the above reasons while doing their due diligence, right up until closing.

3. Who is in the best position to go into a purchase with no subjects? Borrowers who:

– Are overqualified for the purchase

– Can afford a higher payment if the original plan doesn’t work out with any of the above points

– Have their own cash (not a gift pending qualifications) far in excess of what was intended

– Have income that far surpasses what is required

As Accredited Mortgage Professionals, it’s our responsibility / fiduciary duty to be honest and transparent, and give you the power of choice with clarity on all the considerations to anticipate scenarios that may arise, so you can make the best choices for your family. It would be much easier to be a yes person and cross our fingers that none of this comes up, but it’s not how a professional should guide you, as you come to trust in our clarity, knowledge and experience. When you have this expertise coupled with the right real estate agent, they too will ensure you take the emotion out of the purchase, and protect you accordingly with subjects you’re comfortable with for your personal circumstances so your choice is calculated, clear and comfortable long term.

RealPro Tips for Moving.

As a real estate agent I rarely think about what happens after we close on a home. This is usually where our job ends, but when a buyer receives the keys to their new home, that is when the difficult part starts. A friend of mine recently purchased a new home and  decided to move on her own with a little help from friends....( me) . I thought it would be easy just making a couple of trips back and forth from the old home to the new place. Boy was I wrong!  There are many things that need to be done way ahead of time to limit the speed bumps along the way. As soon as escrow opens here are my tips for moving. See  the checklist below to see our tips to moving! Enjoy your new home!

1-2 Months before Move

• Create binder/folder for moving records (estimates, receipts, inventory lists, etc.)
• Plan your moving method (truck rental, hiring movers, etc.) and get cost estimates
• See if your employer will provide moving expense benefits
• Research storage facilities if needed
• Schedule disconnection/connection of utilities at old and new place

 [ ] Phone [ ] Internet [ ] Cable [ ] Water [ ] Garbage [ ] Gas [ ] Electric

• Plan how you will move vehicles, plants, pets and valuables
• Plan how you will arrange furniture in the new place - use a floor plan or sketch
• Hold a garage sale, donate, sell, or trash unnecessary items
• Schedule transfer of records (medical, children in school, etc.)
• Get copies of any records needed (medical, dental, etc.)
• Acquire packing materials (boxes, tape, stuffing/padding, markers, etc.)
• Make any home repairs that you have committed to making
• Return borrowed, checked-out and rented items
• Get things back that you have lent out
• Start using up food you have stored so there is less to move
• 3 -4 Weeks before Move
• Finalize moving method and make necessary arrangements
• Begin packing non-essential items
• Label boxes by room and contents
• Separate valuable items to transport yourself - label as DO NOT MOVE
• Keep a box out for storing pieces, parts and essential tools that you will want to keep with you on move day - label as PARTS / DO NOT MOVE
• Create an inventory list of items and box contents, including serial numbers of major items - use this as an opportunity to update your home inventory
• Fill out a Change of Address form at a post office or online
• Provide important contacts with your new address:
• [ ] Employers [ ] Family & Friends [ ] Attorney [ ] Accountant [ ] Others
• Notify your insurance and credit card companies about change of address
• Cancel automated payment plans and local accounts/memberships if necessary
• Take your vehicle(s) in for a tune-up, especially if you are traveling very far
• 1 -2 Weeks before Move
• Continue packing and clean as you go
• Pack items separately that you will need right away at your new place
• Plan to take the day off for moving day

Welcome to RealPro Real Estate!

100% locally owned and operated in Campbell River.

Our founder Paul Stapley a neighborhood kid growing up in Campbell River always had a love for hard work and helping people.  Paul has been working with his family in Real Estate from a very young age and after his father passed away he took over and completed the development of the Mittlenatch subdivision and went on to completing many succesful development projects. After completing his license in 1989 from UBC School Sauder of Business he excelled as a top producer. Despite his success and experience, he realized something was missing. Instead of treating each client like a number he wanted to treat each client as an individual.

In May of 2014 Paul Stapley opened RealPro Real Estate partnering with Dominion Lending Coastal Mortgages.Since then RealPro Real Estate has become the fastest growing real estate company in Campbell River, helping thousands of people with their buying, selling, and mortgage needs.  Each of our professionals realtors are part owners in the company and put money back into the local business and development of Campbell River.  Simply put we care about the financial well-being of the people of Campbell River and surrounding areas. We believe we need to put our financial resources in our community.

At RealPro together with Dominion Lending Coastal Mortgages we are a full service company helping you buy and sell real estate in one of the most beautiful places on earth.  We are one “exciting local thing” making a big difference in Campbell River.

The Real Pro team attributes their ongoing success to their philosophy “we treat each client like family"!