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Lots of Changes in Home Buyers' and Sellers' Profiles
May 12, 2020
The profile of home buyers will change significantly in the next few years, according to a public telephone survey conducted in September for the Greater Montreal Real Estate Board (GMREB). The survey, which is the fourth one, helps profile buyers and sellers, as well as measure their intentions over the next five years.
Buyers' and Sellers' ...
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5 Reasons Selling By Owner is a Set-Up for Failure
April 10, 2020
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 ...
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Perfect laundry
April 9, 2020
It may not be the first thing a potential home buyer sees but you can bet that paying attention to this area will certainly make a positive impact. So what can you do to make this neglected space more attractive?
The laundry task is more than tossing the clothes into the machine with some soap. Ask anyone who is in charge of the laundry ...
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Deferred maintenance: A ticking clock?
March 21, 2020
The obvious: Foreclosures are leaving homes empty and abandoned, and whole neighborhoods in areas hit hardest by the housing bust are decaying beyond repair.
The not-so-obvious: Abandonment isn't the only thing that can affect future housing stock. Deferred maintenance can, too.
"We are seeing more deferred maintenance in light of the ...
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Condo market aok: CMHC
March 19, 2020
The only thing sky high about Canada’s condominium market are the condos themselves. Canadian condominium construction has surged but population growth has kept oversupply in check, the federal housing agency said in a report on Wednesday that also showed declining mortgage arrears and high home-equity levels. In its annual report on the housing ...
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Goodbye to the family home
February 18, 2020
When my father was 65, he looked around my childhood home and decided it was time to move. It began slowly with family portraits taken off the walls and heirlooms carefully removed from the china cabinet. But soon the furniture began to disappear, until eventually the only thing left was the memory of his life there.
For many seniors, making ...
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The Inspection
February 15, 2020
You've found your dream home. But don't buy before ...
Your house has been sold, pending an inspection. Now the tough part begins. Here's the drill: Two vehicles pull up outside your front door. From one, out steps the real estate agent, client in tow. From the other emerges the most feared face in real estate sales: the house ...
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Home Buyers and Renovators Willing to Spend on Green Upgrades, Says TD Canada Trust Poll
February 14, 2020
Not only is the environment a top-of mind issue for many Canadian homeowners, but the majority are also willing to ante up a higher purchase price in support of their beliefs.
The TD Canada Trust Green Building Poll, conducted by Ipsos Reid to examine Canadians' views on environmentally friendly housing, found that 73% of Canadian homeowners or ...
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10 tips to find the perfect home
February 12, 2020
Now that you're ready to purchase a place, you want to make sure it's the right one for you. Follow these tips to find a home that's a perfect fit for you:
Go for the long haul
When looking for a home, search for one that you could see yourself living in for several years -- at least five to seven years is ideal. Buying -- and moving -- to a ...
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Do you buy before selling?
February 4, 2020
In today’s market where the majority of people who are actively pursuing real estate are involving themselves on both sides of the coin — the sale of their existing home and the purchase of their new home — the question of what to do first is an important one.
On the one hand you don’t want to purchase before selling because you don’t want to ...
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