Freehold vs Leasehold. Buying Vancouver Real Estate HD

There are 2 types of residential properties you can purchase in BC. The most common is Freehold where you own both the structure (home) as well as the land it’s built on. The other type is Leasehold, where you do not own the land. Instead you are renting the land on a prepaid lease for a set number of years. In this video I will walk you through what the sale of a typical Leasehold property looks like and why I would not recommend someone buy this type of property. If you want to voice your opinion or get in touch with Owen, please email owen@owenbigland.com and visit http://www.owenbigland.com for all his Inside Edge Real Estate video blogs. RICHMOND BC HOMES GREATER VANCOUVER BC REAL ESTATE FOR SALE House | Townhouse | Apartments-Condos | Real Estate Richmond | Vancouver | Ladner | Tsawwassen