We have had a very busy summer probably sparked by the visibility of the smoke caused by the wild fires and floods which reminded us of the fragility that we all shared of the possibility of true loss. This has been a worst fire and flood season that B.C. has ever seen. Insurance claims have gone ‘through the roof’. We were attempting to have a family camping holiday to Haida Gwaii but due to wild fire road closures, postponed until next year – hopefully.
We have been very busy with appraisal work. There has definitely been a spike in the enquiries for our services.
There are many varieties of appraisals – Insurance Value (Replacement Cost Comparable), estimate of Value for Estate Purposes (Fair Market Value), Division of Property, and Downsizing – a huge modern subject.
We are all aging at the same time – Baby Boomers – and we collect stuff!! (or we used to!) We hunt through the shops, we love garage sales, Kijiji and all the online auction sales. Our local auction houses are stacked-in with stuff – waiting for their ‘antiques and collectibles’ auction held every few months. Wow! And these can be wonderful! for neat stuff, often great (low) prices – but don’t forget all the extras that are added onto the auction hammer price – lots for thinking about. Then there are our children who are mostly not interested in what we love – (so annoying) or their homes are full to the rafters – now what? Yep – the Baby Boomers –
And we – Marian and Peter- understand totally for we are all of the above!! and perhaps we can help you!
It always surprises me that people would spend like ‘drunken sailors’ at auctions, then not have an inkling of how much it is really worth. Which reminds me of a friend who used to work on the cruise ships where once the auctioneers were arrested by the police upon home port arrival for fraud by ‘bouncing off the walls’ for bids (often called chandelier bidding). This happens where people get loaded with alcohol which softens the judgement when buying at auction. It is strictly “Buyer Beware” – and do Beware – it is cruise season again and we know the joys of the fantastic all-you-can-eat buffets and the accompanying liquid! Just be careful – our advice to cruisers.