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Mortgage fraud and recessions go hand in hand, police and experts say
November 24, 2024
It’s tough to tackle the problem of mortgage fraud because no one knows exactly how widespread the problem is, police and industry officials say.
There are no solid Canadian statistics on the impact of mortgage fraud since losses are shared among banks, credit unions, other mortgage lenders, and lawyers’ indemnity funds, according to industry ...
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Property Appraisal and Market Value
November 18, 2024
One of the most important things in association with real estate is determining the ‘true worth’ or ‘value’ of your property. The two main ways that one can determine this is through property appraisals and comparable market value analysis. Typically, these two methods are used in conjunction with one another in order to establish a sale price ...
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Top reasons to sell home in winter
November 14, 2024
We're getting close to the end of the year, which begs the question of whether it's worthwhile trying to sell your home now. Is it a waste of time? Will it sit on the market and become shopworn? Should I take my house off the market for the holidays? Will the home-sale market be better for sellers in 2012?
The first question you need to ask ...
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How do you choose a REALTOR®?
November 14, 2024
Whether you're a first-time seller or someone who has sold many homes, there are several ways to find a local REALTOR®:
Use the "Find a REALTOR®" search engine on REALTOR.com® to find individuals who actively sell in your community.
Get recommendations from past sellers.
Look for REALTOR® signs in your community.
Check the ...
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Top 10 tips to sell your home for top dollar
November 13, 2024
Isn't this the worst real estate downturn since the Great Depression? If that's true how are some sellers still able to successfully beat the odds and sell for top dollar despite the market conditions? The answer is that they employ time tested and market approved techniques and strategies that give them an all important edge over their ...
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Sellers list right to avoid price reductions
November 11, 2024
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 ...
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Back to the basics
November 3, 2024
Reducing the size of houses, simplifying construction, will go a long way to reducing energy dependency
Predictions about rising energy costs send shivers up the spines of motorists and homeowners.
And while Canadians are still enjoying some of the lowest heating and cooling rates in the world, it seems that situation won't last for long. ...
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THE RIGHT STUFF
November 2, 2024
You can double your impact with the right home improvements. Upgrades and remodeling can be expensive so it pays to choose wisely. You want every dime you put into your home to be something that matters to you as a homeowner and to your potential buyer. So what projects do you tackle first?
Start with your home's curb appeal. It's hands down ...
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Real estate: Dealing in a buyers' market
November 1, 2024
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 ...
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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 ...
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