Blog Post

Okanagan Fires and Home Insurance

Irina Bartnik Notary Public • Aug 12, 2021

When you purchase a property (Strata or Single family home) it is important to secure insurance on the property that you are buying, prior to the subjects removal.


Some properties cannot be insured. The Bank would not give financing ( Mortgage loan) if property is not insured. It would be silly to find out 2-3 days prior to closing that property that you would like to purchase cannot be insured. At the same time if you remove your conditions or subjects ( or did not have any subjects in first place) , you promised to the Seller that you are purchasing their property unconditionally.


Property may not be insurable for various reasons. Most often it is due to the certain type of pipes or electrical wiring. Most recently, some properties in Okanagan cannot be insured as they are close to the evacuation zone. Always consult with your Insurance Broker about the insurance prior to your Subjects removal.

If you have any further questions, feel free to contact me

Irina Bartnik Notary Public 604-575-7494

📈 Inventory Surge in Greater Vancouver 🏠

By Andy Schildhorn • 10 May, 2024
April 2024 listings soared to 12,491, a 42.1% increase year-over-year. This robust inventory supports a resilient market with a 3.3% rise in home sales. More info here

🌟🏡 Fraser Valley Real Estate: April 2024 Update! 📈

By Andy Schildhorn • 09 May, 2024
Welcome to our latest real estate update for April 2024, where we delve into the Fraser Valley's market trends! 📊🌱 👀 In this video: Discover the latest sales data and what it means for buyers and sellers. Explore the rise in inventory and the best opportunities in the market. Get insights on pricing trends and how they affect your investment decisions. 🔗 More Resources: Dive deeper into the statistics and get personalized advice tailored to your real estate needs. https://bit.ly/3UNng6V . 🤝 Stay Connected: Subscribe to our channel for weekly updates and expert tips on navigating the Fraser Valley real estate market. Hit the bell icon 🔔 to stay notified about our latest videos! Whether buying, selling, or just interested in real estate, our channel is your primary resource for all things property in the Fraser Valley. Let’s make your real estate dreams come true! 💬🏠 📞 778.835.8957 - https://calendly.com/andyschildhorn 🌐 www.AndytheRealtor.com Your Langley and Fraser Valley Realtor.

🏡 Explore Real Estate Insights with Andy in Langley! 🎤

By Andy Schildhorn • 08 May, 2024
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