Determining Property Value
DETERMINING PROPERTY VALUE
It's a common scenario. You love your old house. After all, you home was the one constant; it set the stage for many family events and chrished memories. Every scratch in the floor, and every nick in the wall, tells a story. And although the house no longer suits your needs, there is a part of you that is reluctant to part with it...
7 Mistakes When Selling
7 MISTAKES TO AVOID WHEN SELLING A PROPERTY
Selling your property is a complicated process. It's natural to feel overwhelmed by the magnitude of details involved, but the experience can be very manageable - and educational! - when broken down into its component parts and plotted out into steps. The following is a list of common pitfalls encountered during the home-selling process. Use these as a guide to help your journey remain a smooth one.
8 Mistakes to Avoid When Buying a Home
8 MISTAKES TO AVOID WHEN BUYING A HOME
You've been saving for awhile, weighing your options, looking around casually. Now you've finally decided to do it - you're ready to buy a house. The process of buying a new home can be incredibly exciting, yet stressful, all at once. Where do you start?
Benefits of Using a Realtor to Sell your Home
BENEFITS OF USING A REALTOR® TO SELL YOUR PROPERTY
Selling your property is a complex process that can be stressful and time-consuming. An experienced Realtor® has the knowledge, skills, and connections to help you through the process every step of the way.
The Best Asking Price for your Home
THE BEST ASKING PRICE FOR YOUR PROPERTY
Setting a realistic price for your property that reflects current market values will help sell your property quickly and for top dollar. When you price your property correctly, you increase the chances that the offer you receive will nearly match your asking price, and that there will be competing offers - which may net you even more in the long run.
Buy or Sell First?
BUY OR SELL FIRST?
If you are considering looking for a new house, and are a current home-owner, then chances are you're wondering what your strategy should be: do you wait to find the perfect new home before you put your current property on the market, or do you sell first and then look around? You have a few options. Use the following as a guide to explore what might be the best move for you.
"Drive-Up Appeal": Get your Property Ready to Show
"DRIVE-UP APPEAL": GET YOUR PROPERTY READY TO SHOW
When preparing your property to show, work your way from the outside in. It is essential that your home possess a certain "drive-up appeal". Remember, a potential buyer's first impression of your property is formed while s/he is still sitting in the Realtor's car. So, first you need to view your property from this perspective. Go stand on the opposite curb and observe your property. Compare it to surrounding properties.
Buying a Home: What Expenses to Expect
BUYING A HOME: WHAT EXPENSES TO EXPECT
Budgeting for a new home can be tricky. Not only are there mortgage installments and the down payment to consider, there are a host of other - sometimes unexpected - expenses to add to the equation. The last thing you want is to be caught financially unprepared, blindsided by taxes and other hidden costs on closing day.
Hire the Right Agent, For the Right Reasons: 8 Questions to Ask
HIRE THE RIGHT AGENT, FOR THE RIGHT REASONS: 8 QUESTIONS TO ASK
Finding a real estate agent who is right for you requires doing a little homework, and asking the right questions. Choosing an agent is a decision that could ultimately cost or save you thousands of dollars. Keep in mind the individual you choose will be handling almost every maneuver in the biggest financial investment of your life. Experience, interests, and expertise vary from agent to agent, so you should be asking very specific questions in order to align your own needs with the abilities of an appropriate representative
Home Inspections: Top Ten Problems
HOME INSPECTIONS: TOP TEN PROBLEMS
Each homebuyer has different ideas of what will constitute the ideal home for them, these notions often based on particular aesthetic preferences. But one thing that unites all potential homebuyers is the desire to find a home that is fundamentally sound - in areas beyond the immediate sweep of the eye - and that will provide a safe, comfortable, and efficient foundation for their life behind a new door.
How to Get Top Dollar for your Home, Fast!
HOW TO GET TOP DOLLAR FOR YOUR HOME, FAST!
Your property is likely your largest asset, so selling it may be the biggest financial move you've ever made, one that requires significant thought and strategy. However, once you've entered the market, the process may move very quickly: your property has the best chance to sell within its first seven weeks on the market. Studies indicate that the longer a property stays on the market, the less it will ultimately sell for. So, you need to ensure you're ahead of the game. Get your property into top selling shape before it hits the market in order to increase its chances of selling within the desired window of time and drawing top dollar.
How to Set an Offer Price
HOW TO SET AN OFFER PRICE
There is no set equation to determine how you'll reach an offer price. Rather, the process involves a range of research and comparison that will vary with each situation. You'll need to look at sales of comparable properties, and factor in additional data such as the condition of the property, the current market, and seller circumstances. With this information in hand, you will be able to determine a fair price range and, from there, establish the price you're willing to offer.
Know the Market before You Buy
KNOW THE MARKET BEFORE YOU BUY
The asking prices of most homes on the market indicate the current state of the market, and usually mirror the prices for which other similar homes in the area have recently sold. In deciding upon a selling price, a home-seller must establish a balance between the desire to draw the highest offer and finding a price that will be reasonable enough to attract an appropriate pool of prospects, and competitive offers. While most selling agents counsel their clients to consider this equation when pricing their home, keep in mind that some homes are not properly priced.
7 Things to Look for in a New Neighbourhood
7 THINGS TO LOOK FOR IN A NEW NEIGHBORHOOD
Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community. Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you'll make in the home-buying process; your choice of environment will affect the way you experience your new home.
A Manual to Prepare your Home for Selling
A MANUAL TO PREPARE YOUR PROPERTY FOR SELLING
"You never get a second chance at a first impression." We've all heard this expression before. And now, while you are preparing your property to sell, it should not be far from your mind.
Second Time's a Charm!: Sell the House that Didn't Sell
SECOND TIME'S A CHARM!: SELL THE HOUSE THAT DIDN'T SELL
Don't get discouraged if your property hasn't sold during its first appearance on the market. Your property may actually have been one of the most appealing listings of its kind - and the reasons it didn't sell may have nothing to do with the property itself or the market. Rather, a number of separate factors may have influenced the outcome. Take a step back, break your original selling method into parts, and allow yourself time to evaluate each one. Make a commitment. Establish a new approach. Stick to it. A reassessment of your system, and a shift in perspective, may be just what you need to realize your ultimate goals in the sale of your home.
Showtime: Tips for Showing your Home
SHOWTIME: TIPS FOR SHOWING YOUR HOME
After putting in a huge amount of time and effort to get your property looking good and ready to sell, your hard work is finally going to pay off: your property is on the market - you're ready to begin showing. Your property should always be at-the-ready for a tour, as agents may bring clients by with very little notice. If they catch you unprepared and you aren't able to show the property on the spot, you could be losing out on a sale.
Tips for the Moving Process
TIPS FOR THE MOVING PROCESS
It's official: you've signed the papers, dotted all the i's and crossed the t's - you own a new home! You've almost reached the end of your journey. However, now, faced with the daunting task of moving, it may seem as though the journey has just begun. Moving can be a time-consuming and stressful experience if you let yourself be overwhelmed by the job. Remember, though, having a successful move means taking care of the details, one by one. If you break the process down into steps and arrange your time accordingly, you can make it manageable.
Where to Start: Begin to Prepare your Home for Showing
WHERE TO START: BEGIN TO PREPARE YOU PROPERTY FOR SHOWING
"You never get a second chance at a first impression." We've all heard this expression before. And now, while you are preparing your house to sell, it should not be far from your mind.