One tool that many home sellers use in when selling their home is providing potential buyers with a pre-sale home inspection.
By paying $300 (or more depending on the location or size of the house), the seller can help each buyer appreciate the general condition of the home and the necessary maintenance steps required to keep the integrity of the home.
For a seller, a pre-sale inspection enables ...
If you’re considering buying your first home, you probably want to do a bit of research. Perhaps you’ll talk to friends and colleagues and even read a few pieces regarding the process, but with 80% of first-time homebuyers confessing they’d love a do-over, you really need a strategy.
To help here’s a list of the top 9 mistakes first-time homebuyers make and tips on how to ...
So your retirement plan is in place, and the first step is to downsize your home.
For many of us, preparing a home for sale can include spending some time and money on upgrades or repairs.
Whether you’re interested in installing new kitchen cabinets or making necessary repairs to your roof, if you’re hiring a professional for the job you’ll need a written contract.
In Ontario, ...
Whether you’re moving to accommodate your growing family or looking for a smaller space to be your empty nest, selling your home is a big decision. To help you make smart decisions, it’s important to think with your head and not your heart. The Real Estate Council of Ontario (RECO) shares their tips for being home smart when you’re looking to make the sale.
SHOP AROUND. Don’t ...
Congratulations! Whether it’s a boy or a girl, parents-to-be often start looking for a bigger home when there’s a baby on the way.
And just like having a baby, buying a home can lead to a long to-do list. Especially when you have to sell an existing home, there’s a lot to think about.
Before you embark on the house hunt, think carefully about what you’re looking for. Now ...
Which is harder is very subjective, but if you’ve already dipped your toe into the real estate market to purchase a home, you already have some understanding of what is involved in a real estate transaction.
However, selling a house is quite different from buying and can be an emotional experience as you say good-bye to a place you have called home, especially if you have many good memories ...
In many ways, buying a resale condo is similar to buying a freehold property, but there are additional caveats to a condo purchase that buyers should be aware of.
Is condo living for you?
Before you go through with a condo purchase, consider whether condo living fits with your lifestyle. Condos often have rules regarding pets, noise and even drapes and balcony furniture. As such, condo living requires ...
Finding a home that has the qualities you want and is within your budget is no easy feat. But there’s lots more to do before you move in.
Before you make an offer
These to-dos can be completed before or after you make an offer, but getting ahead of the game is a good idea.
Obtain a mortgage pre-approval to give you a good idea of how much you will be able to finance for your home.
Hire ...
While this column typically talks about working with a real estate professional, it’s important to remember that buying a home often involves a team of individuals with specific areas of expertise, beyond the expertise of a real estate professional.
You’ll need to secure financing for your home, which could involve working with a mortgage broker to get you the best rate and terms. Regardless ...
It’s worth the effort to learn about the home buying and selling process; doing so could save you time, stress and money. One way to protect yourself is to learn from the mistakes of others.
“RECO is responsible for protecting home buyers and sellers, and we’ve seen too many Ontarians fall victim to easily avoidable buying and selling hazards,” says RECO’s Registrar ...
When you work with a registered broker or salesperson you benefit from:
Education, Knowledge and Experience
All brokers and salespersons are required to complete educational courses prior to becoming registered and are also required to take continuing education courses. Many brokers and salespersons pursue ongoing professional development opportunities, obtain membership in professional associations ...
When you’re looking to buy a home, it’s easy to forget that the purchase price is just one of many costs associated with ownership. These costs can add up and take an unexpected chunk out of your budget. So it’s important to understand the full cost of buying a property.
Pre-closing costs
Home inspection
Getting a home inspection is a smart decision, because a qualified home inspector ...
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