What time frame do most buyers want to move in?
I get that question quite often. We see a whole variety of dates and requests for a possession date for buyers. Probably the most common phrase you will see on a MLS listing or marketing piece for a home for sale is a 30 day/negotiable possession date offering.
Sometimes buyers will get all worked up on the number. "They said 30 ...
Posted by Patrick Galesloot
on May 24, 2012
Sometimes homeowners have questions or concerns about who is accessing their home and when. These are normal concerns, and it's ok to ask them of your REALTOR. Our home is our castle and you have the right to know who is coming and going and when they are to be accessing your home.
The real estate agents that belong to the Central Alberta REALTORS Association all use what is called a ...
Posted by Patrick Galesloot
on May 17, 2012
With the change in the economy and employment we've unfortunately have seen an increase in the number of foreclosed properties on the market. While foreclosures are not new, the increase in the number of foreclosed homes has made them more and more common place. Due to this increase we've had a number of questions pertaining to foreclosures and the process such as:
Can I still negotiate ...
Posted by Patrick Galesloot
on May 10, 2012
This weeks question pertains to the deposit on an offer to purchase.
I get the deposit if the buyer doesn't buy my house right? (asked from a seller)
A common question this is on what happens to the deposit and why we would ask and hold one. The deposit is part of the offer to purchase and would only be forfeited to the seller if the buyer removed conditions and failed to close on the ...
Posted by Patrick Galesloot
on April 30, 2012
We've been declined for financing and can't buy the property we put an offer in on. Do I have to sign a non-waiver or does the deal just die?
Many people are under the impression that once that condition day comes and goes, the deal is dead and the deposit is automatically refunded to the buyer. This may not always be the case.
The Residential Offer To Purchase states:
3.5 ...
Posted by Patrick Galesloot
on April 30, 2012
What do I have to disclose to a buyer?
Great question, and quite a common one. In real estate transactions it is often the best course of action to always disclose when it comes to defects in the property or troubles from days gone by. The last thing you would want is for the basement to be wet come spring time and the new owner learns from the neighbor that "oh ya they had water there ...
Posted by Patrick Galesloot
on April 19, 2012
What is an RPR and why do I need one?
An RPR first off is an abbreviation for "Real Property Report". Previously it may have been referred to as an Alberta Land Survey or Property Survey. The RPR shows the corners and dimensions of your lot as well as where your home sits on that lot in relation to the boundaries and the improvements that are also present (detached garage, deck, and fence). ...
Posted by Patrick Galesloot
on April 12, 2012
Finding a home by the Internet keeps getting better and better but it just isn't the same as walking through the house now is it?
When you find the right house, it's a feeling you get that tells you "ya this is the one". Getting a helping hand with a real estate agent makes this part more convenient for you. We can assist you with only showing you properties that fit your needs and budget ...
Posted by Patrick Galesloot
on April 10, 2012
Number of Active Residential MLS® Listings in Red Deer?
402 compared to 570 same time last year.
Red Deer residential MLS® Sales for March 2012 so far compared to March 2011?
84 March to date versus 76 in March 2011. Year to date sales volume numbers are 15% higher than last year
Searching for a home then make sure you try us out at:
http://www.century21.ca/advantage/Search/advantage
Posted by Patrick Galesloot
on March 16, 2012
Real Estate Sales reporting by agents is often based on their personal experiences, and "feelings". It's quite common that you'll talk to a real estate agent and they will say things like "It feels like it;s getting busier out there".
I'm sure I can fine anecdotal evidence and quotes from several real estate agents to support "busier market" statements. The question is are these factual ...
Posted by Patrick Galesloot
on March 8, 2012