We’ve been getting a question a lot lately! With Covid-19 interrupting our lives and the spring market, people are wondering if it’s actually an okay time to transact.
Continue reading →Buying
Radon and Real Estate
You’ve likely seen something in the news over the last year or so about radon gas. Or maybe you’ve been aware of it for longer but are not really sure what radon is and how it could affect you. Maybe you haven’t heard of it at all yet.
Awareness and knowledge of radon is at varying stages for people.
But the push is on to make more people aware of it.
A lot more people.
Why? Because it’s a pretty big deal – especially for those people that are affected by it in the home they live in.
Radon is a colourless, tasteless, odourless gas that is produced as a by-product of uranium decay. Continue reading →
House Poor
Being house poor isn’t often at the forefront of a new home search.
“Honey, the bank thinks we’re rich!
They just approved our mortgage for how much???”
I remember a situation from many years ago when one of my (then) employees decided to dive into home ownership and buy her first house.
A few days later, she came into my office walking on air, to tell me that she had just been preapproved for a $500,000 mortgage. She then went on to describe how she was able to go look at far larger homes than she had originally thought she would be able to, for her first one. Additionally, her bank was giving her a screaming good interest rate for a 3-year term.
But I also knew how much she netted on her pay.
And, I knew that maxing out her potential preapproval was risky and could lead to being house poor!
Continue reading →Right Buyer at the Right Price
In his vast experience (this being the first home he had ever purchased meaning it was also the first he had ever sold), he revealed to us his theory.
Continue reading →A Buyer’s Competition
“Oh no! We’re in competition!”
Buyer’s viewpoint
These words are dreaded to a lot of buyers. Why is that? Because competition scares a lot of people when it comes to real estate transactions-especially as a buyer.
Auctions are interesting events. Many people go to either get a good deal, buy something rare, or in a lot of cases, go to help out a charitable organization. But something interesting happens at auctions beyond the bidding and buying of lots. There are transformations.
Transformations of every day normal people into competitive beasts.
You know you have seen them. Two people see an item. They each take an interest and each think to themselves, “I think I want that. And I am willing to pay x.” They may even tell people around them their plan. And then, someone else in the room has the same plan-and they become aware of the other’s similar idea.
Moving is Hard
From the time you decide to invite that pesky agent in until the last box is unpacked, everything about it will be disruptive and inconvenient to your day-to-day living.
Continue reading →3 Reasons You Should Call Your Realtor®
Real estate agents hear this all the time… “I wish I had called you before. But I just didn’t want to bother you. I know you’re busy…”
Continue reading →7 Signs it Might be Time to Downsize
Wondering if it might be time to look for a smaller abode and downsize?
For many people, a large, sprawling home is part of the dream. But with additional space comes bigger utility bills and oodles of upkeep. Depending on your lifestyle, you may suddenly find yourself with more house than you actually need or want. You may even start thinking about downsizing.
While the thought of moving to a modest home can be daunting, you don’t need to sell off all of your belongings and join the tiny home craze to rightsize effectively. Also, as you shed square footage, you’ll find that you gain a range of benefits that make a big difference to many homeowners.
Continue reading →Home Inspection
“So, if the home inspection finds stuff, can I just renegotiate the price?” they asked.
Continue reading →Buyers – Do You Hate This Question?
Have you ever gone to an open house?
Or called a real estate agent about a listing you want to see?
Maybe emailed an agent about a property they have listed?
You just want to check out a house. Maybe you’re just curious. Or, maybe you’re even pretty serious about buying a house. Doesn’t matter. All you’re doing is wondering about a house. That’s it. That’s what you want to talk to the agent about…the house you came to see, or called about.
And it seems like one of the first questions an agent asks you is,
“Do you have a house to sell?”
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