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Checklist for Getting Settled in Your New Home
Thursday, 15 June 2017, 09:50:00 AM
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Once you have signed on the dotted line and the keys to the new house are yours, it is time to get to work turning the house into your home. Furniture placement, window dressings, and paint colours are first items that probably come to mind. In the chaos and confusion of moving, certain items often get overlooked. The following will help you make your transition to your new home as smooth as possible.

 

Change the Locks:

This should be your very first task since you have no way of knowing who may have keys to your home. Depending on the number of locks and whether you install them yourself or hire a locksmith, you can probably expect to pay anywhere from $10 to $30 per lock, which is a small price to pay to ensure that your family and belongings are secure.

 

Ask for Contacts:checklist for getting settled in your new home

If you are moving to a new area, be sure to ask your REALTOR® for a list of preferred service providers. Most agents will know the name of a reputable electrician, plumber, and heating and air company. Having these numbers available can be a lifesaver if you need an emergency repair.

 

Check Safety Equipment:

Make sure that your home is equipped with adequate smoke and carbon monoxide detectors. If the detectors are old or there are not enough of them for the size of the home, invest in new ones. If the existing detectors appear to be new and in good shape, you should go ahead and change the batteries immediately. It is also a good idea to invest in a couple of new fire extinguishers as well.

 

Schedule Maintenance for Mechanical Equipment:

Even though you probably had your home inspected prior to closing, it is still a good idea to have your heating, air conditioning, and even your plumbing inspected and serviced by a professional. To save money, considering enrolling in a service agreement with a reputable company. These agreements typically offer substantial discounts on preventative maintenance and tune-ups as well as emergency repairs.

 

Change Switch Plates, Outlet Covers, and Toilet Seats:

Switch plates and outlet covers can become dingy, dirty, and discoloured over time. These items are easy and inexpensive to replace and will make your home look fresh and new. It is also nice to start off new with something as personal as a toilet seat. If you do not want to spend money on a new toilet seat, at least take the time to remove the current one so that you can clean all of the nooks and crannies.

 

Paint the Front Door:

A bright, cheerful front door is an easy way to add your personal style to your new home. Be sure to take the time to sand and prep the door to get the best results. Today, almost any colour is acceptable; however, if you are part of a homeowners association, you want to make sure that you comply with their regulations.

 

Finally, consider scheduling a housewarming party for several weeks after your move-in date. Not only will this give you a chance to meet your neighbours, but the deadline will also keep you from procrastinating when it comes to unpacking.


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Get The Answers To These Questions Before Selling Your Home
Posted on Wed, 31 May 2017, 12:35:00 PM  in Home selling tips
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Get The Answers To These Questions Before Selling Your Home

Congratulations on selling your Canadian home and preparing for the next journey in your life. No matter how you have come to this conclusion, you are most certainly coming up to a new chapter in your life and we know that it is going to bring you joy and happiness in its greatest form.

If you are selling your home, then you may have quite a few questions about the process and about what you need to do in order to sell your home most efficiently.

Here are a few questions, in no particular order, that you need to have the answers to in order to complete the process of selling your Canadian home in the most peaceful, efficient, and legal method possible:

 

How Much Money Is My Home Worth?

Get The Answers To These Questions Before Selling Your HomeThe house market is constantly fluctuating depending on factors out of your control. These factors could be demand, supply, economy, natural disaster, climate, and region in which your home is being sold. To some degree, you will not be able to control what your home is worth and how much money a potential buyer will pay in order to buy it from you. This is really a consultation where you figure out what sort of figure you would like to show the public.

 

How Many Homes Have You Sold That Are Similar To Mine?

The types of home in which a sales representative has sold in the past may tell you a bit about their style and which types of houses they typically take on to sell. If they have quite a bit of experience selling homes that are similar to yours, you can rest assured that the price they are quoting you is competitive.

 

What Paperwork Do I Need To Be Aware Of Before Starting This Process?

Make sure that you are well aware of all of the paperwork you will need to sign before you decide to start the process of selling your home. This may not seem like a big deal right now, but you will be thankful that you are well-aware and educated later on down the road if there are complications or if you are getting tired with the process.

 

Who Will Be Able To See The Listing Of My Home?

You may be surprised at just how many places your home could be listed for sale. You may also be surprised that your home is not listed in as many places as you thought it may be. You can ask who will be able to see the listing of your home in order to determine whether or not you need to do additional work to ensure that your listing is seen by as many people as possible.

 

Do You Have References I Can Contact?

Your sales representative should have a list of references available for you should you wish to contact them. Your sales representative has nothing to hide and should treat every consultation as if they are applying for a job. If they are prepared they will be able to give your references immediately upon your request.

 

Is Your License In Good Standing? Can You Prove It?

All credible sales representatives will have a license that is in good standing regardless of whether they have been selling homes for a few days or they have been selling homes for 30 years. They can give you this information and they can prove it. They would only withhold proof of a license in good standing if they have something to hide.


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Choosing The Right Colors For Each Room In Your New Home
Posted on Mon, 15 May 2017, 12:35:00 PM  in Home buying tips,  Home selling tips
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Choosing The Right Colors For Each Room In Your New Home

If you have just purchased a New Canadian home and would like to get started on painting but are stumped at where to start, you may find comfort in the list of colors and their common places listed below. You may use this guide as a reference or create your own style as you see fit.

Below you will find a list of colors that are commonly used in rooms throughout a Canadian home. While some colors may seem more practical for one room than another, it is important to remember that once you sign that final contract with your sales representative, then you are free to paint any room in your home in any color that you would like regardless of the suggestions listed below.

 

White

Choosing The Right Colors For Each Room In Your New HomeWhite is often a color that is used in areas of the home that get little light or need to appear brighter and cleaner. These rooms often include, but are not limited to: basements, bedrooms, bathrooms, and kitchens because of its ability to distinguish whether the walls are clean or not.

 

Cream, Beige, Tan, Brown

This group of colors can, and often are, very similar to each other and are consequently used for similar purposes. These colors compliment rooms that you would like to look cozy or welcoming. These rooms most often include: living rooms, hallways, kitchens, and bedrooms.

 

Orange

Orange can be a bold paint choice or it can be found in such a pale shade that it appears similar to the color group listed above. Because of its versatility, it can cover any of the rooms listed above.

 

Blue

Blue is a color that can be found in the majority of houses in Canada. It has a calming affect on people and is often used in spaces where people spend a lot of time. These spaces include, but are not limited to: bedrooms, bathrooms, and living rooms.

 

Green

Green, like blue, tends to make people calmer. There is an unspoken quiet, thoughtful, and tranquil space created inside of any room that is green. For this reason, green is most often seen in studies, bedrooms, kitchens, and common family areas.

 

Red

Red is always a bold choice no matter what shade you choose to paint your room in. Red should be reserved for areas that get a lot of light. It is a favorite among adolescent bedrooms, and occasionally in living rooms or home theaters.

 

Purple

Purple is always a beautiful color to accent a room in. It can have all of the calming and tranquil properties of blue and green, with all of the personality and brightness of Spring. While most commonly seen in girl’s bedrooms and master bedrooms, pale shades of purple may even be found in kitchens, bathrooms, and living rooms.

 

Black Chalkboard Paint

If you have a toddler or adolescent with a creative mind, you may consider painting a wall of their room black with chalkboard paint. This will allow them to release all of their creative energy into a piece of artwork that they will not get in trouble for creating.

 

Advice To Keep In Mind

Just because the colors are listed above does not mean that you have to follow them. You are completely free to choose whatever color scheme you would like in any room of the house you choose to put it in. The above information is simply listed as it is seen in many Canadian homes.


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How To Increase The Appeal Of Your Home When Selling
Posted on Sat, 15 Apr 2017, 01:40:00 PM  in Home selling tips
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When selling a home in Canada, there is almost always something you can do to increase the appeal that your house will have to potential buyers. Some of these things can be easy, quick to do, and cost little to nothing. Other options will require a great deal of time, a set of complex skills, and a good chunk of money. Do not be ashamed if you cannot complete some of the more financially costly options because virtually no house on the market is absolutely perfect unless you personally designed it.How To Increase The Appeal Of Your Home When Selling

If you’re interested in increasing the appeal of your home, then keep reading.

 

Do A Quick Scan Around

The very first things that you should be fixing are the things that have always bothered you and your family members living in the home. If you know that the light sockets need new covers, then replace them with quality covers. If you noticed that the trim in the bathroom is starting to break, crumble, or fall apart, then do your best to replace the trim in the bathroom. If you notice that the carpet has a stain, try to clean it with a carpet cleaner. Any imperfection that you notice will be noticed by at least a portion of the potential buyers that come to look at your home while it is listed.

 

Do A Little Research

If you are not sure of what potential buyers seem to be attracted to, then simply do a quick search on the internet. Many buyers are requesting homes with little to no repair work that must be done and houses that have brand new stainless steel appliances. Many other buyers also like homes with landscaping in the yard and an entry way that is in good condition. These things are likely going to change over time, so remain vigilant in your searches while you are selling your home.

 

Hire Some To Stage Your Home

Sometimes all a house will need is a good interior design artist. These professionals have been hired for years and make a living off of rearranging furniture and staging houses for sales, moves, and personal uses. If you can afford to hire someone to come in and stage your house, consider doing so. Some of these individuals will even be kind enough to give you free advice if you cannot afford to pay for their services.

 

Ask Your Sales Representative What They Think

Sales Representatives have a lot of experience selling homes. They have met with sellers, consulted with potential buyers, and have done research on what tactics work to sell homes the most efficiently with the least amount of effort. Simply ask your sales representative to take a quick tour of your house and take notes as they feel necessary. Once they have completed their tour, then have them talk to you about what they have found. If you hear anything that you have not already considered, make a note of it and see what you can do to address it.

 

Advice To Keep In Mind

You will never be able to meet every need for your potential buyer no matter how hard you work to fix up your house. The right buyer for your home will always be considering things like painting the walls a different color, landscaping differently in the yard, and replacing appliances, roofs, sinks, and doors. The best that you can do is to try and make sure that your home is liveable and that everything you can fix has been fixed to the best of your ability.


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5 Tips to Help Improve the Exterior of Your Home
Posted on Wed, 15 Feb 2017, 10:40:00 AM  in Home selling tips
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When it comes to selling your home, curb appeal is very important. Potential buyers may skip over your home based on the outside, without taking the time to view the inside. Therefore, you will need to keep the exterior of your home well-maintained. Remember that you only get one time to make a first impression with buyers.

 5 Tips to Help Improve the Exterior of Your Home

Pretend to be the Buyer

Before you begin improving the exterior of your home, you will need to determine what needs to be fixed or changed. Examine the outside of your home by walking around the property and taking notes and pictures. You can write down what changes need to be made, and compare your notes to the photos that you have taken. Look at what needs to be repaired, cleaned, or replaced altogether. You should also drive by the home in a car, during the day and at night. Look for anything that seems off, such as a ball stuck on the roof or a crack in one of the windows.

 

The Cleaner, the Better

If the outside of the home has chipped paint, cobwebs, and stains, buyers will likely keep driving by the home, instead of stopping to come in. This is true regardless if your home is in a great Canadian neighborhood, near all of the best amenities. Cleaning the home and adding a fresh coat of paint is one of the simplest changes to make. When you don’t, buyers will wonder what big issues you have failed to take care of on the inside of the home, such as plumbing, electrical wiring, and more. If there are cracks in the steps or sidewalk, see how much it costs to have those issues resolved. A cheaper way to clean the outside of the home is with a pressure-washer. It will generally work on the sidewalks and driveway, as well as decks.

 

Add Some Color

Painting the home is a good way to make your property look more colorful and refreshing. You can also spruce up the home’s exterior by planting some colorful plants. Add a few plants to the porch, or plant some flower beds in the front of your home. Stay away from artificial flowers; this is a turn-off for most buyers, especially millennials. You can make the home seem brighter by opening the curtains and blinds. Homes that look brighter and more welcoming sell faster than homes that have a dull exterior.

 

The Numbering

If you have old, dingy numbers on your door, buyers may take this as a sign of a poorly maintained home. The numbers on your home need to be shiny, clean, and easy to read. Replace any dingy numbers on the home with clean numbers that complement the style of your property. For instance, if you have completed upgrades and renovations to the property that coincide with the current trends, the numbers on the outside of the home should be more modern.

 

Take a Look at the Roof

You can look up toward the sky to see if any repairs are necessary. Check for dirty or missing shingles. If the roof looks dingy or streaked, change the shingles before placing your home on the market. Sometimes all it takes is a good cleaning to give the roof that appeal it needs to attract buyers. It is important that you give your roof that extra glance. Keep in mind that a buyer will thoroughly check out your home, which includes a roof inspection.

Making a great impression with buyers could bring you closer to selling your home, for a great price. If you use these tips, you could wow buyers from the curb, and get them into the house for a proper viewing!


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First-Time Homebuyer Mistakes to Avoid
Posted on Sun, 15 Jan 2017, 09:15:00 AM  in Home buying tips
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Probably you have been planning to acquire your dream house for long. You have scrimped and saved enough to cover the down payment, and you have even come across these lovely apartments for sale. It is your first time in the real estate market; so, you aren’t sure how to go about a successful purchase. If you don’t want to be caught up in a financial mess, here are the mistakes to avoid:First-Time Homebuyer Mistakes to Avoid

 

  1. Not Considering What You Can Afford

Consider what you afford so that you look at homes within your price range. Looking at homes outside your price range will make you lust for relatively expensive homes thus stretching your means financially. Experts suggest that you prepare a list of all your monthly expenditure including student loan payments, groceries, vehicle costs, credit card payments, health insurance and so on. Also, remember significant expenses that occur only once a year, such as annual vacations or insurance premiums. This will help you realize how much you can spend on your new home every month.

 

  1. Skipping Mortgage Qualification

What the bank is prepared to lend you and what you can afford may not match up, particularly if you have unstable income or poor credit. So, before placing an offer on a home, ensure you get pre-approved for a loan. This will help you save the seller, the seller’s agent and your agent’s time if you sign the contract and then realize later that your bank is willing to lend you a mortgage you find unacceptable.

 

  1. Neglecting To Inspect

Let’s face it—owning a home is a dream that many would wish to accomplish however tough it may be. Sometimes we come across an offer that we find hard to resist: a house that looks like it is in a perfect condition, and the price is affordable. You quickly rush to sign the papers ignoring the inspection while not knowing what is awaiting you— this is a money pit of expensive repairs.

 

  1. Ignoring To Hire an Agent

Avoid walking into an open house alone. Always hire a real estate agent. A real estate professional will help you a great deal to avoid some of the simple mistakes you could otherwise make.

 

  1. Being too picky

It is good to put everything you wish for in your new home wish list. However, avoid being too inflexible because you may end up continuing to live in a rented home for a significantly longer period than you anticipated. Usually, first-time homebuyers have to compromise on some items because of limited funds. You may be forced to live on a busy street, make some repairs in the home, accept the outdated decor, or live without that extra bedroom. Though you can choose to continue living in rented space until you can afford everything on your wish list, you will have to make a decision whether it is important to become a homeowner now or a few years later.

 

  1. Lacking vision

Even if you can’t afford major renovations in the home, it is worth to cope with the ugliness for a while and in turn get a house that you can afford without strain. If the home fits your needs regarding the unchangeable things such as the size and location, don’t allow the physical imperfections cloud your judgment and turn you away. Furthermore, upgrading the home by yourself is far much cheaper than paying the seller who has already upgraded it for you.

Buying your first home may seem stressful and devastating, and it isn’t without its fair share of potential pitfalls. Being fully informed of the issues ahead helps you protect yourself from these costly mistakes thereby giving you confidence while shopping.


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Getting Ready to Sell Your Home? What to Do About Nightmare Neighbors
Posted on Sat, 31 Dec 2016, 10:05:00 AM  in Home selling tips
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Do you have nightmare neighbors? Maybe their yard looks like the local landfill. Or, they have several not-so-friendly pit bulls that bark and growl every time someone walks by. These types of neighbors are definitely a nuisance, and can be a nightmare when it comes time to put your home on the market. They can cause potential buyers to run the other way.Getting Ready to Sell Your Home? What to Do About Nightmare Neighbors

Thankfully, there are things that you can do to resolve with these types of issues. Here are some steps that you can take to deal with unruly neighbors before you put your home on the market.

Strike up a Kind Conversation

Initially, engage your neighbor in a friendly, tactful conversation about the issues at hand. Approach your neighbor in a kind, yet assertive manner and try to work out a solution. Avoid becoming accusatory or confrontational. It will not get you anywhere. Explain that you are getting ready to put your home on the market, and you would really appreciate their help in maintaining their property or addressing other concerns. Appeal to their interests. Explain that it will also benefit them by driving up home values in the area. If your home sells for a good price, it will increase the value of their home, as well. If the neighbors are renters, then talk directly to the owner, pointing out to the owner how resolving this issue will benefit them in the long run. They have a vested interest in the neighborhood values and will likely take action to preserve that interest. 

Complain to the HOA

If you have tried to talk to your neighbor, and they refuse to cooperate, then the next step is to complain to the homeowner’s association or HOA, if you live in a subdivision that has one. Homeowner's Associations have very strict rules on how homes that are part of the HOA must be maintained. When you contact the HOA, it is best to provide photographs as evidence that your neighbor is in violation of one of the codes. It would be helpful to review the codes before contacting the HOA. If your neighbor is in violation of HOA rules, the association will initially send letters asking them to remedy the situation. If you neighbor ignores the letters, the HOA will fine them, and bring legal action, if needed. The HOA can even foreclose on a home if fines and fees are unpaid. 

Contact the City

Many cities have bylaws that prohibit noise and nuisances. Check to see if your city has bylaws or ordinances in place. If they do, then file a complaint. The city will usually send the owners a notice advising them that they are disturbing the neighbors and that further action will be taken if the disturbance does not stop. It is always best to keep an incident log when making reports. 

If All Else Fails

If you have tried all of the above and gotten nowhere, it might be time to file a lawsuit. This is something that should be considered only as a last resort. Lawsuits are expensive and time-consuming. You would most likely have to prove the harassment is intentional and meant to prevent you from selling the home. 

Dealing with nightmare neighbors can be stressful. But, it does not have to prevent you from selling your home for what it is worth. Keep the above tips in mind when you list your home and consult a knowledgeable real estate professional for guidance, as they can provide expert information to help you sell your home, even in less than ideal situations.


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5 Open House Tips that Every Buyer Should Know
Posted on Thu, 15 Dec 2016, 10:00:00 AM  in Home buying tips
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Sellers will do their best to please buyers during an open house, regardless if the seller is the homeowner or a real estate agent. However, you should never walk into the open house with a list of demands. Instead, use these tips to ensure that you have a pleasant experience.

 5 Open House Tips that Every Buyer Should Know

Scheduling

It is best to go to open houses on the weekend, unless your schedule permits you to view homes during the week. Clear your entire schedule for that day, in order to attend multiple open houses. To thoroughly look at each home, you should set aside at least an hour per property. Keep in mind that it may not take you a full-hour to view the home, but you do not want to rush. This is your chance to look at the home and gather as many details as you can about the property, first-hand. Be sure to allow yourself enough traveling time to go from one open house to another.

 

Wear Comfortable Shoes

Although you should wear presentable clothing, remember it is an open house, not a fashion show. Prepare to do a lot of walking on the inside and outside of the home. It is best to wear comfortable shoes, instead of high heels and dress shoes. You should also wear a comfortable outfit. Depending on the structure of the home, you may need to walk up a lot of stairs, so keep this in mind when choosing the shoes that you are going to wear while viewing the home.

 

Respect the Host

You should always be polite to the host, regardless if it is a homeowner or real estate agent. It is never a good idea to give the host the cold shoulder. When you walk in, smile and greet the host, and be sure to sign in. If the host is too pushy, or makes you uncomfortable, let him know that you or your Realtor will be in touch, thank him, and leave. If you like the property, being respectful of the host could mean more information, and possibly a better deal.

 

Understand Boundaries

While you have the right to look at the property thoroughly, you should not rummage through the personal items of the seller. Check out the amount of storage that the home has, including closet space, but do not touch the seller’s clothes if they are hanging in the closets. It is okay to measure the width and length of the cabinets in the bathroom and kitchen. When looking in drawers, cabinets, and closets, see if anything squeaks or is broken. However, you should respect boundaries and never rummage through personal items.

You should take pictures of the home, but only after you have asked permission to do so. Remember that this property is likely a private residence, so you always want to ask if it is okay to record or photograph rooms in the home.

 

Hold Off on the Criticism

You may have issues with the home, and decide that it is not the property for you; this is normal. However, you should never criticize the home to the host. Wait until you have left and discuss the property with your family, friends, or real estate agent. The seller may be the host, and if she still lives in the property, you do not want to criticize her home. If you do not have anything nice to say, do not say anything at all. If you were to end up in a multiple offer situation, you do not want a seller to choose the other buyer simply because she overheard you criticizing her home. You can ask questions and voice concerns over repairs and other issues, but refrain from using a rude tone.

These tips will help you have a successful viewing. Remember to always ask questions in a polite manner. Be respectful of the host, but also gather enough information to use during the decision process.


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Organize The Closet Of Your New Master Bedroom
Posted on Wed, 30 Nov 2016, 12:50:00 PM  in Marketing strategies
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There is nothing like organizing the closet of your new home. It allows you to create an organizational system that may not have worked in your previous closet. One example is the closet in your new master bedroom, which is going to be the source of your seasonal and year round items. Use the following tips to organize the closet in your master bedroom.Organize The Closet Of Your New Master Bedroom

Clear Out The Clutter: The first step to organizing your new closet is to clear out the clutter. You should actually do this before you start packing so you can lighten the load. The best way to eliminate the clutter is to take everything out of your closet. You are going to separate the items based on what you plan to keep, donate or give away, sell and discard. Purging your closet creates more space and allows you to focus on the items you plan to keep.

Create Ample Lighting: You need to create ample lighting if you want your closet to be a functional space. Consider using an LED bulb to brighten your space without consuming a lot of energy. You may be able to fit an actual lamp inside a larger or walk-in closet.

Hanging Your Clothes: Hang the clothes you plan to wear this season and year round, and pack the clothes you are not going to wear this season in a storage bin or comforter bag. Come up with an organizational system for the clothes you plan to hang up, such as hanging them by color, size or occasion. You can also hang your outfits based on what you plan to wear each week, but this method does require you to change the order of your clothes once a week.

Organize The Shelves: Your closet may include built-in cubbies or shelves for folded clothes or accessories. The items you wear several times a month should go on the top shelves, and the items you wear less frequently should be stored on the bottom shelves. Store the items you wear daily or several times a week at eye level so you can access them with ease.

Use A Small Dresser: A small dresser is perfect for large or walk-in closets with plenty of space. You can use the actual drawers for scarves, winter accessories and items that need to be folded. Use the top of the dresser for items such as your jewelry box or tabletop hat rack.

Shoe Organizer: It is always frustrating to spend time looking for your shoes when you need to head out the door. This is why you should consider investing in a shoe organizer for your new closet. There are different types of shoe organizers, from a shoe cubby to an over-the-door rack. You are sure to find an organizer that fits your bedroom closet.

Maximize Your Space: Maximizing your space is important if you do not have a lot of room in your new closet. Store your seasonal items on the upper closet shelves, and arrange your shoes neatly on the closet floor. You can use over-the-door organizers for items such as hats, belts and scarves.

Seating Arrangement: If your space allows it, consider placing a seating arrangement inside your closet for easy dressing. One idea is to invest in a bench with shoe storage for your walk-in closet. You can use a stool or chair to add a seating arrangement to a regular closet.

You are going to use the closet in your master bedroom daily, and you do not want to pull your hair out trying to find a specific item. A good organizational system can create a functional spot inside your master bedroom.


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4 Tips When Buying a Home “For Sale By Owner”
Posted on Fri, 30 Sep 2016, 10:40:00 AM  in Home selling tips
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When searching the housing market, you will definitely find some properties that are for sale by owner (FSBO). You will have the opportunity to meet with the owner personally, making this type of sale more emotional. Remember to keep your eyes on the prize, which is buying the home. Here are four tips that every buyer should know when buying a home FSBO.

 

Eliminate FeesFor Sale By Owner

When buying a home directly from the owner, you could save a lot of money on potential costs, including the agent fees. You and the homeowner will be able to communicate with each other without worrying about the self-interested goals of a Realtor. You can build a rapport with the owner and discuss specific goals pertaining to the sale. You also have a better bargaining opportunity because the seller is not paying commission to a real estate agent, so he can afford to sell the home for less. However, without legal advice, you could encounter many issues, such as being forced into purchasing a home that you do not want.

 

Overpricing

Most homeowners will reject the opinion of local real estate agents, as it pertains to the value of their home. The homeowners will meet with a local Realtor before listing the property, but if they are not satisfied with the pricing strategy, they choose to fly solo. When homeowners sell their home, they are often emotionally attached to the property. As a result, the homeowners overprice the house. Another issue homeowners who fail to detach from their home face is not having a solid plan post-closing, which also leads to overpricing.

You should never purchase a home when the price is off, regardless of how much you like the property. You can also have a real estate agent look at the property for you. A good agent will look at the property with his eyes open, and know exactly what the asking price should be, or have the skills to negotiate a great deal for you.

 

Laws Still Apply

Whether you purchase a home through a real estate company, or a property that is for sale by owner, real estate laws are still upheld. Some of the real estate processes and procedures that still apply when purchasing a home FSBO include:

- Home Inspections
- Performing Repairs
- Disclosing Issues Pertaining to the Home

When these issues arise, the seller is legally required to cooperate. Trust your real estate agent’s judgment, as well as your own gut, to determine if the homeowner is not allowing your due diligence, or if you believe the homeowner is neglecting his duty as a seller. If the home does not feel right, move on to another property.

 

Better Insight

The homeowner will know the neighborhood better than a real estate agent because she has lived in the property. She can give you better insight to the best schools, stores and malls, instead of going by statistics. For example, the school system may have a high score, but the homeowner will know what teachers are the best, and what your child can truly expect. Other examples include the best doctors, the best routes to take to work, and how to maintain the home properly. When you want to know the perks of the community, or more information about the neighbors, a homeowner is better equipped to answer your questions, in comparison to a real estate agent.

Buying a home that is for sale by the owner is not a bad choice, but you should always enlist the help of a real estate agent to ensure you are getting a good deal. These four tips are also beneficial when buying a property that is FSBO.


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ZOI OUZAS Sales Representative
RE/MAX Garden City Realty Inc., Brokerage
64 Main Street West, Grimsby ON L3M 1R6
Office: (905)-945-0660 Office: (905)-563-8527
CONTACT ME

 

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