Location, location, location is simply no longer enough.
You need to start thinking about Timing when trying to get the most out of your investment.
Of course location and size of the home will always be at the top of anyone’s list when assigning value to a property, that’s likely never going to change. But another important factor these days is price. ...
Posted by Szabolcs Pall
on February 6, 2012
Thinking of selling privately?
Did you know a private sale is not as straight forward as it sounds? Buyers that see a home for sale ‘by the owner’ often see a bargain. The problem for the seller is that the buyer thinks they, and not you are entitled to the savings in real estate fees. With this mindset, a lowball offer is usually the result and any perceived “savings” ...
Posted by Szabolcs Pall
on July 6, 2011
Why buying from the Listing Agent is not a good idea
If you are a Buyer, is it better to buy from the Listing Agent (L/A), rather than using your own realtor? Sure the thought has crossed our minds, the agent will be happy to double-end at a reduced fee, the seller will net the same amount, sounds great, doesn't it? Except when you break down the transaction, you quickly realize that ...
Posted by Szabolcs Pall
on July 6, 2011
Are you thinking of buying or selling a home this year?
What’s the process, and when should you get started? It starts with contacting a REALTOR® to learn about your local market, but the timing can vary depending on when you want to move. If you have a house to sell, I advise clients to consider approximately 90 days to properly market the property, and then add 60 days to ...
Posted by Szabolcs Pall
on January 8, 2011
How’s the housing market? It couldn’t be any better if you ask me, and let me explain why:
While the Residential Unit sales on the Ottawa Real Estate Board are down, our Condominium Unit numbers are up from last year at this time. And let me remind you, that we had a record breaking year in 2009 which makes the numbers even more impressive. Residential prices have increased approximately ...
Posted by Szabolcs Pall
on December 29, 2010
Did you know that a home is only worth what someone is willing to pay for it? This notion of a "good deal" is only in the minds of the buyer and or seller. A home properly exposed to the market by a motivated seller for a sufficient amount of time will eventually sell for the price the market is willing to bare. This is called Market Value, and will not always be the Listed Price. ...
Posted by Szabolcs Pall
on December 13, 2010
5 Deal Breakers
Did you know that there are 5 key items that Buyers are checking for when evaluating a house? They typically concern themselves with:
The age of the Windows
Age/Condition of the Roof
Age of Furnace
Age of HWT
Any Visible Leaks and Cracks
So as a Seller, ensuring that you're able to produce receipts/documents for any work performed on these items will go ...
Posted by Szabolcs Pall
on September 16, 2010
Expect MORE ... Service
Did you know the consultation provided throughout the purchase or sale of your home, is just one benefit of using my services? Beyond real estate advice, what elevates me above the rest is ensuring that you're provided with whatever you require. A lawyer, home inspector, mortgage agent, life insurance, investment, home / auto insurance, etc. You will never hear ...
Posted by Szabolcs Pall
on August 5, 2010
We're faced decisions throughout our normal day, and usually get them right without much difficulty.
But while each of us is well equipped to make every day decisions, it’s not always so simple. When we consider selling our home, that decision is one that obviously requires much greater scrutiny. Consider the following:
How much equity do I currently have? - The amount of money you ...
Posted by Szabolcs Pall
on June 1, 2010
With the introduction of HST in Ontario starting July 1st 2010, your real estate transaction will be effected in a number of ways. While you don't have to pay HST on resale homes, the services that you use may be HST taxable. Lawyer, home inspector, appraisal, survey and real estate fees are subject to the new HST. New home purchases are also subject to HST, but you may qualify for ...
Posted by Szabolcs Pall
on February 5, 2010