B.C. Housing Minister Moves to Shore Up Standards for Home Inspections, Globe and Mail

B.C. Housing Minister Moves to Shore Up Standards for Home Inspections, Globe and Mail. This article appeared on the Globe and Mail online on September 19th, 2014 and was written by Dene Moore.

By the end of next year, home inspectors will have to meet a standard set of professional criteria to be licenced in British Columbia.

Housing Minister Rich Coleman said Friday the improved requirements will help safeguard home buyers who rely on the inspections for making what is likely the largest investment of their lives.

Consumer Protection BC will set the education and training requirements and be responsible for testing and licensing home inspectors.

“At the end of the day, buying a home is one of the biggest purchases somebody ever makes, and we’ve always been very supportive of any move toward consumer protection in this area,” said Tayt Winnitoy, vice-president of operations for Consumer Protection BC.

In 2009, B.C. became the first jurisdiction in Canada to require licences and insurance for home inspectors, and there are now about 440 licensed in the province.

A few months later, a North Vancouver couple won an unprecedented award in the civil lawsuit they brought against their home inspector.

Three years earlier, Manuel Salgado and Nora Calcaneo bought a home for $1.095 million.

They paid $450 for an inspection, which found a number of structural deficiencies. The inspector, Imre Toth, estimated the repairs would cost them $15,000 to $20,000. They closed the deal.

When the bill came in, it totalled $213,000.

They filed suit against Toth, the sellers and the real estate agents, but settled with the previous owners and dropped their claim against the agents. Justice Grant Burnyeat said Toth’s estimate was “woefully inadequate.”

The purpose of the inspection is to provide a homebuyer with expert advice about any significant deficiencies, the judge wrote. “I have no hesitation in coming to the conclusion that the plaintiffs relied upon the report received by Mr. Toth to decide whether they would purchase the property,” he wrote.

“Plainly, if prospective home purchasers did not believe that they could secure meaningful and reliable advice about the home they were considering purchasing, there would be no reason for them to retain an inspector to inspect that home.”

Currently, inspectors must pass regular examinations to obtain and keep their license but there are four different associations that can licence, each with its own evaluation process.

In a survey by the provincial Office of Housing and Construction Standards, 78 per cent of home inspectors felt the requirements for a licence are too lax. “It is clear … that action is needed to increase consumer protection and to address the challenges in the current model,” the report said.

The Canadian Association of Home and Property Inspectors — one of the four groups that licence inspectors — said non-existent standards improved with the 2009 regulations, but loopholes remain.

Winnitoy said home buyers can rest assured that the inspectors they’re dealing with now have met minimum training and education requirements.

“What we see now and what we’re looking forward to is a deepening and an improving of the framework to help ensure that there’s a level playing field for all home inspectors and a clear set of expectations for consumers to have.”

Kamloops Home For Sale: 2784 Beachmount Crescent, Westsyde, B.C. $409,900

2784 Beachmount Westsyde Kamloops Home for Sale Kamloops Home For Sale: 2784 Beachmount Crescent, Westsyde, B.C. $409,900. Beautiful new 3 bedroom 3 bathroom home in Beachmount Estates.

The main level has a huge living and dining room that opens to the kitchen. Includes stainless steel appliances, granite counters and lots of cupboard space.

The family room has a gas fireplace and walks out to a big patio perfect for barbecuing. Rock wall, landscaping and fencing in the back yard.  There is a dog park at the end of the street and a walking trail along the river.

There are many amenities in Westsyde. The Westsyde Recreation Centre and community pool is located off of Bebek Road in Westsyde. The pool is a 25 meter pool with 6 lanes, diving board, hot tub, tarzan rope, and a water slide. This facility also includes a weight room and climbing wall.

The Dunes Golf course is located on 652 Dunes Drive. It is a beautiful golf course set on the river’s edge carved out of the sands of the Thompson river riverbed. The course is 18 holes and 7131 yards of challenging golf.

Elementary and secondary students attend Arthur Stevenson Elementary (2890 Bank Road) and Westsyde Secondary (855 Bebek Road). There is also a private Francophone French Immersion school in the Oak Hills area of Westsyde.

Westsyde is serviced by regular bus service. Click here to review the BC Transit information. Westsyde is also 10 to 15 minutes from the Kamloops airport.

To view all homes for sale in Kamloops click here.

Kamloops Land For Sale: 960 McArthur Drive, Westsyde, B.C. $129,900

960 McArthur Dr, Westsyde, Kamloops Lot for SaleKamloops Land For Sale: 960 McArthur Drive, Westsyde, B.C. $129,900. Looking for a residential building lot in Westsyde? Located in the heart of Westsyde, this lot is surrounded by new homes and could easily accommodate a 2 storey home, basement entry or rancher.

The lot is slightly elevated, allowing for mountain views from wherever you build! Lot is 55 feet x 125 feet deep and backs onto the hillside. RS-5 zoning. Quiet area. Close to schools, shopping, the pool, and many more amenities.

There are many amenities in Westsyde. The Westsyde Recreation Centre and community pool is located off of Bebek Road in Westsyde. The pool is a 25 meter pool with 6 lanes, diving board, hot tub, tarzan rope, and a water slide. This facility also includes a weight room and climbing wall.

The Dunes Golf course is located on 652 Dunes Drive. It is a beautiful golf course set on the river’s edge carved out of the sands of the Thompson river riverbed. The course is 18 holes and 7131 yards of challenging golf.

Elementary and secondary students attend Arthur Stevenson Elementary (2890 Bank Road) and Westsyde Secondary (855 Bebek Road). There is also a private Francophone French Immersion school in the Oak Hills area of Westsyde.

Westsyde is serviced by regular bus service. Click here to review the BC Transit information. Westsyde is also 10 to 15 minutes from the Kamloops airport.

To view all homes for sale in Kamloops click here.

No Vacation for Home Buyers in August, BC Real Estate Association

Vancouver, BC – September 12, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 7,341 residential sales were recorded by the Multiple Listing Service® (MLS®) in August, up 7 per cent from August 2013. Total sales dollar volume was $4.1 billion, an increase of 12.4 per cent compared to a year ago. The average MLS® residential price in the province rose to $560,318, up 5 per cent from the same month last year.

No Vacation for Home Buyers in August

Click to enlarge

“Consumer demand remained relatively robust in August,” said Cameron Muir, BCREA Chief Economist. “The Okanagan and Chilliwack board areas posted the strongest year-over-year gain of 22 to 25 per cent in unit sales, while Victoria and Vancouver increased around 10 per cent respectively.” Home sales last month were the highest for the month of August since 2009.

“Low mortgage rates, increased net-migration and improving economic conditions continue to underpin housing demand in the province,” added Muir.

Year-to-date, BC residential sales dollar volume was up 22.8 per cent to $28.5 billion, compared to the same period last year. Residential unit sales were up 15.8 per cent to 57,715 units, while the average MLS® residential price was up 6.1 per cent at $564,466.

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