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Homeowners sell, start renting instead
June 1, 2024
Bidding wars have moved from the bungalow to the two-bedroom rental apartment.
Many homeowners who cashed out at the peak of the market are putting their money in the bank rather than investing in a new house. And as a slew of new renters look for temporary homes, they are driving up prices and engaging in bidding wars to ensure they snap up ...
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Last Gasp For Housing - Sales growth slows as pent-up demand peaks
May 31, 2024
The spring homebuying season has reached a fever pitch with a record number of "for sale" signs being placed on Canadian lawns for the month of March.
But there are indications the market has reached the peak with nowhere to go but down.
The Canadian Real Estate Association said yesterday that 97,663 properties were put on the market last ...
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Buyer’s Info
May 28, 2024
A home is probably the biggest financial investment you’ll make in your life. Before you get started, do some homework. This handy Buyer’s Guide will show you some things to keep in mind as you’re hunting for that home of your dreams.
1. Determine How Much You Can Afford
How much house you can afford is largely dependent on how large a ...
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Receive an offer.
May 26, 2024
All of your hard work has paid off, but you won’t know exactly how much it’s paid off until you see the offer.
This is an exciting, often emotional time, so be prepared.
Your REALTOR® will walk you through the process.
You’ll see every offer. It’s required that your REALTOR® show you every offer that’s submitted. They’ll call for an ...
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What condo purchasers need to watch for
May 25, 2024
Ask anyone who has bought a new condominium suite recently and they will tell you: (a) it is not like buying a house, (b) it is not like buying a resale condo, and (c) unless you are prepared, the cost of closing the deal will make your knees tremble.
So, what should neophytes know about buying that 485-square-foot gem in the heart of the club ...
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Making the most out of your house
May 23, 2024
Q. With the softening of the real estate market we hear there is a lot of inventory out there that no one is purchasing due to uncertainty. As a real estate lawyer do you have any tips that might make my house more marketable?
A. This is actually a question more for your trusty real estate agent but I can put in my two cents. I think the most ...
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What to expect from your REALTOR®
May 20, 2024
REALTORS® help you get the most for your home and they remove stress and confusion from the process. Here are just some of the advantages.
Your REALTOR® becomes your home’s champion. When you sign a “Listing Agreement” with your REALTOR®, this is their promise that they will use their skills and resources to get you the best deal for your ...
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Go it alone, or with a Realtor
May 19, 2024
The fact is, most people who try to sell their own home end up using a REALTOR® in the end anyway.
Before anybody decides to fly solo through this complex, time consuming and financially perilous process, they should consider these questions.
Will you really “save” the real estate commission?
When buyers see a home for sale ‘by the owner’, ...
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Home Sellers Need Inspections, Too
May 18, 2024
A visit from the home inspector can be nerve-wracking for a seller, especially in a market like this -- when the potential buyer isn't afraid to demand that a long list of problems be addressed before the sale is finalized.
No matter how much you do to prepare the home, brace yourself. "The first thing for people to realize when selling their ...
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Six signs it's time to buy a house
May 17, 2024
If you've been considering buying a house but you're still unsure, consider some of the personal and economic conditions that favor home purchases. If you find that a number of these signs ring true for you, it might be time to contact a real estate agent and start shopping.
1. You're Ready to Commit
First and foremost, if you're not ready ...
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