Home buyers are often advised to set aside one-to-three per cent of the purchase price of their house for closing costs. These fees are explained during the home buying process, but it is helpful to ask questions so you fully understand how these costs can affect your budget.
Legal fees: On average you should budget $600 to $900 for legal fees and an additional $200 to $400 for disbursements, ...
Posted by Brad Stevenett
on February 24, 2012
Ontario’s hot housing market continues to spark bidding wars and, in many cases, buyers are being advised by agents to make “clean” offers to get the house they want.
By “clean”, the agent means an offer without any conditions in order to make it more acceptable to the seller. This can be a high risk and/or high reward situation. I have heard stories ...
Posted by Brad Stevenett
on February 24, 2012
Ideally, the first property you see when shopping for a new home will be the one you fall in love with and buy. But let’s face it. You’ll probably end up seeing several homes before reaching the decision to make an offer on one.
When you’re viewing homes, you want to make sure that the experience is enjoyable (rather than stressful) and that you get all the information you ...
Posted by Brad Stevenett
on February 1, 2012
You view a property on the market and you’re appalled by what you see. The garage is packed to the roof with boxes, bikes and other items. The basement is dark and gloomy. And if that isn’t enough to dissuade you from buying, carpeting in the family room is old, stained and musty.
Not a pretty picture.
Bad Home = Dream Home
Yet, ...
Posted by Brad Stevenett
on February 1, 2012
New software released this week via our Real Estate Board and our Matrix website will help me provide more information to my clients with regards to the market. In the past we had this information, but to find it was very cumbersome. I will now be able to break down all the areas rapidly to keep everyone easily informed. Key items that I can look up are:
Active ...
Posted by Brad Stevenett
on February 1, 2012