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Seller 'gift' may disguise problem

October 25, 2024

It's common for buyers to ask for appliances or other personal items when they purchase a property, but what about the seller who voluntarily leaves personal items as part of the sale? There are numerous pitfalls when it comes to dealing with personal property included in a real estate sale. The lender can deduct the value of the personal items ...

Let your REALTOR® Market your home

October 24, 2024

You’ve spruced up your home and it’s never looked so good. It’s time for your REALTOR® to do their thing. Your REALTORS® marketing tools. The “For Sale” Sign. Despite all our leaps in technology, the “For Sale” sign continues to be an extremely effective way to advertise. Anybody responding to your sign is a good lead, because they have ...

Staging the perfect home sale

October 22, 2024

It is time to kick off the new year with a fresh batch of homes for sale. Even though the market is in a slump, we are starting to see a shift with more interest in the market from buyers. Open houses are one of the best ways to get those buyers to write an offer, but how do you ensure your agent is putting on the perfect open house? Thousands ...

Scotiabank re-forecasts its outlook on the Bank of Canada once again

October 21, 2024

The Bank of Nova Scotia has reforecast its outlook on the Bank of Canada and now believes the bank will hold off on hiking its overnight rate until 2019. “The Bank of Canada probably now envisages spare capacity remaining into 2019,” the report stated. “It could well push out its forecast to return to the two per cent inflation target in the ...

Home sellers have one shot at a good first impression

October 8, 2024

Make sure your house is a perfect 10 before the 'For Sale' sign goes up. A little effort can help ensure the best price in the shortest amount of time. If you're thinking about putting your home on the market, you need to do everything you can to make sure it's a perfect "10" before the "For Sale" sign goes up! Today's homebuyers are busy ...

5 first-time buyer mistakes to avoid

October 6, 2024

If you're a first-time home buyer in this market, how could you go wrong? Nationally, sales prices of existing single-family homes are down nearly 24 percent since their July 2006 peak. Interest rates, recently 4.9 percent for a 30-year fixed-rate mortgage, are hovering near historic lows. And if that isn't incentive enough, Uncle Sam is offering ...

Benefits of a fraction

September 28, 2024

Divide and conquer! No, that's not a misnomer. Fractional ownership is a way of gaining a luxury you cannot afford on your own. Why purchase an expensive resort home that you'll only use part of the year when you can own a fraction, enjoy the benefits and not worry about maintenance or housekeeping. This is not the same as a time share. A time ...

How much home can you afford?

September 27, 2024

Before getting starry-eyed house hunting, don't forget that buying a home is a long-term financial commitment, accompanied by closing costs, mortgage payments, taxes and day-to-day maintenance. How can you determine how much buying power you have? Every first-time homebuyer should follow three easy steps to determine how much home he or she can ...

Losing the living room

September 26, 2024

As demographics change, these changes are reflected in requested floor plans. New lifestyles are dictating living spaces that are compatible with today's families and individuals. When Country Home magazine built a show house at the World Financial Center based on an informal reader survey, it had no living room at all. According to the ...

The 5 Secret Benefits of Good Pricing

September 21, 2024

Faster Sale. When your home sells faster, you save on carrying costs (the mortgage payment, property taxes, utilities and other costs of ownership). A quicker sale creates less inconvenience for you. If you've sold a home before, you know the energy it takes to prepare for showings: keeping the home meticulously clean, making child care and pet ...
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