Surprise...they’re called closing costs.
Even those who like surprises don’t want to be surprised by unexpected costs on closing day. The best way to avoid these surprises is to be educated about the process - I’m here to help you. Buyers pay the Seller’s purchase price as agreed on – but on top of that there are these extras to be aware of:
Legal ...
Posted by Michael Baeumler
on May 10, 2012
Is the Buyer really receiving a Free Service?
Way back when, the industry had two very distinct kinds of agents; Buyer agents and Listing agents. Both operated within a fee structure which was described in detail in the actual Agreement of Purchase and Sale. Today, most REALTORS® work with both Sellers and Buyers, and the fee structure is always determined first.
So now we hear “why do ...
Posted by Michael Baeumler
on May 3, 2012
Buying a home can be one of life’s most exciting experiences; it can also be one of the most challenging. Just the thought of buying your first home can be an overwhelming.
But that’s just what I’m going to tell you....BUY YOUR FIRST HOME!
Stop Paying Rent - Don't Sign That Lease, Or Re-New Your Old One, Don’t Pay Another Penny To Your Landlord Before You Call Me. ...
Posted by Michael Baeumler
on April 25, 2012
How is your debt?
I’m sure by now many of you are fed up with reading all the articles on how the “Pressure is building on Finance Minister Jim Flaherty”. Economists want him to intervene on mortgage lending rules in an attempt to keep Canada's housing market and household debt in check.
What is household debt anyway, and can one man change anything?
Countless economists have ...
Posted by Michael Baeumler
on March 22, 2012
FSBO’s... Are you really saving money, or are you being fooled?
Are you a homeowner who wants to sell your home by yourself? Selling your home is likely to be one of the most important financial decisions and transactions you will ever make. So why do it without the help of a professional? Does it not make sense to have a trained, fully licensed, knowledgeable professional on your side who ...
Posted by Michael Baeumler
on March 9, 2012
Are You A Rational Buyer? 10 Must Review Items
Every buyer has different priorities in their quest for the perfect home. Buyers will typically change their minds & focus somewhat through the searching stages...it’s a constructive process. The two main factors that will always dictate the search are budget & location.
Some buyers are very focused on the mechanicals or function ...
Posted by Michael Baeumler
on February 26, 2012
Have you ever looked out over the City of Toronto? Condos buildings are everywhere.
New building construction can be seen from almost every vantage point. In fact, The Financial Post states that “overall in 2011, construction began on 106,700 units; up 17% from the year before”. WOW!
So who’s buying all these units? I suspect it’s mainly speculators looking to make money ...
Posted by Michael Baeumler
on January 11, 2012
Happy New Year
2012 has just barely begun, and already the “experts” in the headlines are predicting yet another ‘down-turn’ in the market. These guys are worse than the weather forecasters.
Real Estate is, in my opinion, a driver behind our economy – not a result of our economy. With today’s low interest rates, people are able to buy ...
Posted by Michael Baeumler
on January 2, 2012
T'was the week before Christmas, and all through the town, my pager was quiet, it did not make a sound. The phone wasn’t ringing; I wondered if it was dead. My chequeing account was hurting...going into the red.
T'was the week before Christmas, and the office was slow. I asked "Where’ is everybody" but nobody knows. The sellers must be wondering why hasn’t my house sold, ...
Posted by Michael Baeumler
on December 20, 2011
Every Christmas it seems that the gifts get bigger and much more expensive...and most of those gifts come from giant factories outside our native land. Let’s be realistic...I know it’s impossible to buy 100% Canadian; without routine importing and exporting our country would shut down.
But, as a gift to our fellow Canadians (more so our local business men and women) maybe Christmas ...
Posted by Michael Baeumler
on December 13, 2011