Wednesday, January 14, 2015

Dangers Of Buying A Forclosure

Thinking of buying a foreclosure in Kelowna? There are a few risks that you should know about and the #1 risk of buying a foreclosure is actually overpaying and the fact that they are not as good of a deal as you may think. I have dealt with a lot of foreclosure (or court ordered sales) and been very successful in assisting my clients to become the winning bid in court, however they can sometimes end up costing you more money in the long run. Lisa Alentejano and I cover how they can actually cost you more because of financing and how the courts cause you to pay higher than market value. Also some foreclosures are former marijuana grow-ops and that also can drastically affect your financing options.

It is extremely important to have a professional team working for you to explain the ins-and-outs of buying a foreclosure.

Tiffany Munsey 

A licensed REALTOR® with Coldwell Banker Horizon Realty

Cell: 778-214-4843

Coldwell Banker Horizon Realty

Office: 250-860-7500

Fax: 250-868-2488

14-1470 Harvey Ave.

Kelowna, BC V1Y 9K8

Lisa Alentejano

Verico Compass Mortgage Group


1505 Harvey Avenue, Kelowna, British Columbia


 Tiffany Munsey - Kelowna Realtor

Tuesday, December 16, 2014

Waterscapes Kelowna - Resort Style Living Downtown Kelowna

Award winning Kelowna Realtor Tiffany Munsey presents: Waterscapes Kelowna, one of Kelowna's premier lakeside resort condos and town homesWaterscapes is a beautiful lakeside community in the heart of downtown Kelowna. Residents enjoy living in a first class facility with stunning amenities all within a short walk to the beach. It is our hope that this website will add to the enjoyment of your Waterscapes experience. These are mid to high end luxury condos in Kelowna and feature some of the best lake views of any building in Kelowna. Owners and renters are most impressed with the easy access to downtown, unique resort style layout, close proximity to the beach and the community feel of the building. 

The Developer Ledingham McAllister from Vancouver has a long standing reputation of building quality homes since 1905. Since 1984, when Ward McAllister joined Bruce Ledingham to form Ledingham McAllister Group of Companies, they have successfully created, built and sold thousands of new homes and communities throughout British Columbia. 

If you are looking to rent in the building the local source for rentals is  or Castanet gives you great insight into the rental market in Kelowna and is the best source for finding a place to rent in Kelowna. 

Waterscapes Strata Website:

The Cascade Pool  
Open for the Summer

6:00 A.M. to 8:30 A.M. Daily for Adults Only
8:30 A.M. to 10:00 P.M. Sunday to Thursday
8:30 A.M. to 10:30 P.M. Friday & Saturday

Wow... what a great poolside! The Waterscapes poolside is resort style spectacular! Enjoy sun bathing in one of the many supplied loungers or visit with friends around a table. The poolside is rimmed with beautiful flowers and highlighted by the fountain and waterfall. Yes, you are at home. 

The Cascade Lounge
Open 8:30 A.M. to Midnight

One of the many highlights of the Waterscapes community is the Cascade Lounge centrally located between the Herons 1 and Herons 2 buildings.  The area is architecturally stunning with beautiful vaulted wood ceilings, a central stone fireplace, and a wall of glass displaying the poolside.   The many features of the club include a T.V. viewing area with sofa seating, a boardroom style table, a spacious serving counter with a sink, fridge and microwave, and a few tables and chairs for card playing or visiting.

The Cascade Lounge is ideal for family gatherings and can be reserved for private functions.  Click here to make a Cascade reservation.

The Gym 
6:00 A.M. to 10:00 P.M. 

Yes, your excuse for not getting into shape has just evaporated. Waterscapes has a fully equipped gym for the use of residents and guests. The gym is located on the second floor above the Cascade Club and is air conditioned for your comfort. 

The equipment list includes treadmills, stairclimbers, bikes, a Precore weight lifting apparatus with four stations, a full dumbbell rack, two benches, exercise mats, an exercise ball, a bosu, two TVs and fans for your personal cooling. As well there are two full walls of mirrors so you can inspect your fitness progress. 

The gym is open early and closes late so we ask that you exercise caution with the volumn of the TV's in consideration of the suites located next to the gym.

The Billiard Room 8:30 A.M. to 11:00 P.M. 

The billiard room, located off the Cascade Club, is equipped with two medium size tables and all the necessary equipment for a game of pool. Check in the floor to ceiling cabinet for the cues, chalk, ball racks, etc. The Billiard room also includes a dart board with scoreboard.

Guest Room Reservations

We have three guest rooms available to all residents; one in Herons 1, Herons 2 and one in Skye Tower!  
If the calendar day you want to reserve has less than three bookings then we have an available guest room for you.

Guest room reservations are done online.  Payments must be made prior to check-in via PayPal.  Our guest rooms are similair to a hotel room with one queen sized bed, TV, sitting chair, and bathroom with a shower.

Kind regards,

Tiffany Munsey 
A licensed REALTOR® with Coldwell Banker Horizon Realty

 Tiffany Munsey - Kelowna Realtor

Cell: 778-214-4843

Coldwell Banker Horizon Realty
Office: 250-860-7500
Fax: 250-868-2488
14-1470 Harvey Ave.
Kelowna, BC V1Y 9K8

Monday, December 8, 2014

November Real Estate Sales Statistics

November was the first month we have seen a slight reduction in Residential sales since February with a reduction of -8% over least years sales. However we have consistently seen low inventory and a -14% reduction in new listings on the market. Prices also rose by $30,000 which is a positive sign that we are heading towards a sellers market. 

Apartment sales have seen consistent and healthy growth with an 18% increase over last year and inventory consistently down by -28% for November. Prices rose slight with a $11,000 increase.  

Townhomes saw a decrease for November with a -14% decrease and also a reduction in inventory of -15%. Prices are rising by $17,000.  

Lot sales went through the roof with an 186% increase in sales for November and a -20% decrease in listings. Lots of activity with new home construction to be seen in the coming year and spring market. Prices have risen a by $9,000.

Kind regards,

Tiffany Munsey 
A licensed REALTOR® with Coldwell Banker Horizon Realty

 Tiffany Munsey Kelowna Realtor | Kelowna Real Estate

Cell: 778-214-4843

Coldwell Banker Horizon Realty
Office: 250-860-7500
Fax: 250-868-2488
14-1470 Harvey Ave.
Kelowna, BC V1Y 9K8

Tuesday, April 1, 2014

March Sales Stats - Kelowna Real Estate with Tiffany Munsey

Welcome to spring Real Estate Sales in Kelowna, lots of exciting things happened in March. 
Residential Sales Increased 25%
Apartment Sales Increased 15%
Townhouse Sales Increased 11%
Overall Kelowna Real Estate Sales were up 22% and Active Listings were Decreased 10%
Total Average days to sell 104, down 25 days. 

If you are thinking of Buyer or Selling your home in Kelowna, give Tiffany Munsey a call!

Tiffany Munsey
A Licensed REALTOR®

You can also find me on Facebook, Twitter, YouTube and Instagram. 

Coldwell Banker Horizon Realty
#14 - 1470 Harvey Avenue
Kelowna, BC, V1Y 9K8
Office: 250.860.7500
Fax: 250.868.2488

Wednesday, February 12, 2014



The weather and the real estate market were both warm for January 2014.
We saw an almost 6% rise in Single family home sales and a decrease of over 11% in new listings. This theme was consistent for 2013 and is expected to continue for 2014 and beyond. 

What does this mean for Kelowna Real Estate? It means we are now seeing a balanced market, and that buyer's confidence has returned. Sellers can now feel confident that their home will sell within their desired timeframe (when priced at the market).

Both Alberta and Vancouver are seeing healthy growth and sales, with many people looking to move to Kelowna and/or to purchase vacation homes.

The buyers who are in the market in February are serious buyers ready to make a quick purchase. Take advantage of these buyers before your yard maintenance starts.

Sellers may be willing to negotiate a better deal now if they have been sitting on the market over winter. Sellers are also looking to make a sale before the major spring yard maintenance jobs start.

If you are thinking of buying or selling in the Okanagan, I would love to work with you to make your move.

Tiffany Munsey

Monday, February 3, 2014

Skating at Stuart Park - Living in Kelowna

Living in Kelowna has its perks  and if you are thinking of buying a home in Kelowna Stuart Park Ice Rink is one of the many great features you will find. 
With Kelowna Real Estate sales on the rise, this is just one of the reasons why many people choose to make Kelowna their home. 

 The skating rink is open daily from 6 a.m. to 11 p.m., weather permitting. The camera image will update frequently allowing residents to view rink conditions before heading downtown.The ice rink is expected to remain in place until late February, weather permitting.

Skate Rentals

This year, skate rentals will be available at Stuart Park daily from 11 a.m. to 8 p.m., except Christmas Day and Boxing Day. This on-site service makes it more convenient for people who want to skate at the outdoor rink but need to rent skates. For skate rental information, contact 250-215-4458.

Skaters can also enjoy Public Skating at Rutland Arena, Capital News Centre and Memorial Area.

If you are thinking of buying or selling in Kelowna, give me a call today!


14-1470 Harvey Ave
Kelowna BC V1Y 9K8

Sunday, January 12, 2014

Kelowna Real Estate - December Recap and Looking ahead to January 2014

You may assume that the holiday season would be slow in Kelowna for real estate sales, however it was not the case for December 2013. 
Kelowna real estate sales saw an increase of +45% for single family homes in Kelowna for the month of December and a decrease in listings of -21%. We saw the second highest increase in Kelowna home sales behind September of this year, which was +61% increase.
Listing inventory was also down in December by -17%, which follows the consistent trend for all of 2013. 

The common trend for all of 2013 was an increase in sales and a decrease in listings, leading us into what is now a looking a lot like a balanced market. On an even more positive note, this trend is not restricted to Single Family Homes, we have see the same trend for apartments, townhomes and lots in Kelowna. As supply and demand dictates will gradually switch from a balanced market to a Sellers market, however don’t expect drastic changes in the Kelowna market for 2014, but you will see more and more positive changes ahead. 

If you are a Buyer looking to purchase a home in Kelowna, now is the time to do it! Waiting until spring means that you will have more competition with other buyers and may not be able to negotiate as good of a deal. 

If you are looking to Sell this year, listing now may be a good option for you as the buyers who are currently in the market have been faced with low inventory and are ready to buy with cash in hand. If you wait until spring you may waste more time and money getting your yard looking good and be bombarded with showings from buyers who are just shopping around instead cash in hand and to pull the trigger. 

If you are thinking of buying or selling in Kelowna give me a call today. 

Tiffany Munsey