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Sechelt Development - The Watermark at Sechelt
03-31-2015, 09:27 AM,
RE: Sechelt Development - The Watermark at Sechelt
Update: As I mentioned in my March 28th post, I used three sources to verify the sold data on those 9 units. Now, one potential source I didn’t double check was the Watermark website, itself. Duh – what can I say except that I find development websites not often up-to-date so I tend to forget about them. That being said, according to the developer, the sale of one of those nine “sold” units must have fallen through since it is indicated as available on the Watermark Phase 2 floorplan. The other eight are indicated as “sold” on the floorplans, but as I mentioned on the 28th have no “sold” info on e-valueBC.

Now, I would like to respond to the above three previous members’ posts.

alexcanuck2.0: A company holding the condo title might be one answer for sure (BTW, I know absolutely nothing about this type of arrangement), although it may not cover all of those eight “sold” condos. I base that on what has happened to a few within a year after they were “sold”: two were relisted for substantially more, and one was listed for rent; but, then again, I guess a company could do that, too, right? With a couple, I think there is a very good chance the sales fell through which has happened in the past at Watermark. Well, all I can say is that this is all very strange. I guess the only way to know what is behind the missing “sold” info at e-valueBC is to call them and ask why – anyone game?

I noticed below the assessment info on the e-valueBC site you can click on “Incorrect property data? Update here.” Clicking takes you to a page with five different questionnaires depending on your residential type. I opened the ‘Residential (House) Questionnaire’ and the ‘Residential Strata Questionnaire’ and neither offers an option to inform BC Assessment the property has in fact been sold and when it sold. I think that tells you something right there, don’t you? As in, BC Assessment doesn’t expect this to be an issue and that they rely on a dependable source for this information. Curiouser and curiouser!

JimmyWW: Thanks, Jimmy.

inanear: I appreciate the update on the Watermark/Wakefield question. Thanks for passing the information on.

Messages In This Thread
RE: Sechelt Development - The Watermark at Sechelt - by Skook - 03-31-2015, 09:27 AM

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