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Sellers list right to avoid price reductions

November 11, 2019

In most areas of the country, 2007 marked a change in the residential home-sale market. Buyers gained clout for the first time in over a decade. Inventories of homes for sale grew to record levels in some places. Price reductions, which carried a negative stigma when listings were easy to sell, came to be seen as a necessary part of the home-sale ...

5 Reasons Selling By Owner is a Set-Up for Failure

November 10, 2019

For Sale By Owner = FSBO As a FSBO, you only have four ways to attract buyers. Classified advertising. Open House For-Sale-Signs Internet Over 80% of homes are sold because the Buyer's Broker or Agent was being offered a commission on MLS. This is one route not open to you as a FSBO. By not listing your home on MLS, you forgo the ...

WHAT DO YOU OFFER?

November 6, 2019

For some people, haggling over price is a game. But most of us feel a little squeamish about it, although we do like a good bargain. When you're buying a house, there is a certain amount of negotiation that takes place and the final price is a part of that negotiation. When you and your agent find a home that seems to fit all your criteria ...

Real estate: Dealing in a buyers' market

November 1, 2019

The single biggest investment for most Canadians is the purchase of a home. So, home owners were understandably worried when the Canadian Real Estate Association recently reported that average Canadian resale house prices fell by 10 per cent year-over-year in October. On the other hand, the end of the boom would appear to be good news for ...

Seller 'gift' may disguise problem

October 25, 2019

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 ...

Why the Luxury Housing Market Is Hot, Hot, Hot

October 18, 2019

The real estate market feels like it’s bouncing back. But the luxury housing market is downright hot in several markets. Barring a stock market correction — unlikely given how investors reacted positively to the Federal Reserve reduction in bond purchases in December — the trend means the spring homebuying season could be a good one, especially ...

Prepare your finances.

October 13, 2019

Before the offers start rolling in, you should prepare for the massive amounts of money that will pass through your hands. A lot of the money will probably be going to your mortgage.If you own your home free-and-clear, congratulations! For the rest of us, there are a lot of mortgage considerations. Many people use the proceeds from the sale ...

4 Things Buyers Can Do To Minimize Surprise

October 6, 2019

When people say they hate surprises, it’s a little bit like when someone says they don’t like change. Most people actually love change and surprises – so long as the changes are pleasant or they perceive the surprises to be in their favor. It’s really only unpleasant surprises that agitate, irritate and frustrate the average person. This is ...

4 New Year’s Resolutions for 2014

October 5, 2019

There are tons of different approaches to setting resolutions. A resolution can be a goal - an action or accomplishment you propose to achieve in the year to come. Or a resolution can be a declaration – a commitment you make, a stance you take. If you’re hoping or planning to buy a home in 2014, there are some action-type resolutions you’ll ...

10 Ways to Get the Best of Winter When Selling Your Home

October 4, 2019

If your home will be for sale this winter, it is important to master certain seasonal issues that are less significant or even non-existent at other times of the year. Here are 10 bits of sage advice from RE/MAX agents that can help put a “Sold” sticker on that yard sign. Let Those Lights Shine: The best way to combat winter’s short and ...
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