Q1. If I buy a lot now
is there a time-framed building commitment?
A1. Yes.
Construction of your home should begin within 12 months of closing the
purchase of your lot. There is also option to build your home now and rent
it until such time as you are ready to occupy. Lots in Stage Two will have
a building commitment of between one and two years.
Q2. Who is the
builder?
A2. The exclusive builder for all
homes in Arbor Crest will be Seidler Construction Ltd. The Seidler family
has been in the construction business in Oliver for over 40 years and has
built over 150 homes and many commercial projects.
Q3. Is there a New
Home Warranty program?
A3. Yes. David Seidler, Seidler Construction Ltd. is a Licensed
Residential Builder under the Homeowner Protection Act and all homes are
covered by a 2 / 5 / 10 year new home warranty with St. Paul Guarantee
Insurance Co.
Q4. Is landscaping
included in the cost of the home?
A4. Yes. A
complete landscape package for the entire yard is included with the cost
of your home. All landscaping for individually owned lots and for the
Arbor Crest common areas will be contracted to Cedarscape Ltd. a design
build firm with nearly 20 years landscape experience and the winner of
over 20 provincial Georgie and Okanagan Tommie awards.
Q5. What controls
are in place to ensure the quality and character of all homes built in the
Arbor Crest sub-division?
A5. A
Statutory Building Scheme will be registered on Title and Design
Guidelines with architectural controls and regulations to the benefit and
responsibility of all Arbor Crest homeowners are part of the sales
documents. Copies for all interested homeowners are available from
COLDWELL BANKER Desert Aire Realty.
Q6. Is Arbor Crest a
gated community?
A6. Yes. Arbor Crest is designed as a 44 lot gated strata community. The
entrance will have a control gate for vehicular traffic and the
subdivision will have perimeter enclosure with two pedestrian walkways.
Q7. Is Arbor Crest a
strata development with strata fees?
A7. Yes.
Arbor Crest is a strata development of 44 lots with a common landscaped
central area. Strata fees will cover insurance, property management fees
and operation / maintenance of roadways, street lighting, common area
landscape and entrance gates. The estimated monthly strata fee is $53.00.
The estimated first year operating budget and strata fee calculation are
available in the Disclosure Statement.
Q8. What are the
anticipated approximate annual taxes?
A8. Taxes will of course be variable to the lot chosen and the cost of the
home constructed on that lot, but for estimation purposes the annual 2004
taxes in Oliver were approximately $10.50 per $1000 of assessed value.
Town of Oliver taxes include charges for garbage collection, water and
sewer services.
Q9. Is Arbor Crest an
adult retirement community?
A9. Yes.
Arbor Crest is an age - restricted adult community in which residents must
be at least 45 years of age.
Q10.
Do I pay GST when I purchase my home?
A10. Yes. All homes are subject to 7% GST, however, with the assistance
of the builder you can apply for a GST rebate at time of possession.
Q11.
Do I pay British
Columbia Property Transfer Tax?
A11 Yes.
You are responsible for property transfer tax on the lot at the time of
purchase.
Q12. Who do I contact
for more information on the lots and homes of Arbor Crest?
A12.
Linttell Projects, Robert Linttell at 250-869-0552 or Carol Youngberg,
COLDWELL BANKER Desert Aire Realty, the exclusive sales agent for Arbor
Crest at 1-866-572-1422.