real estate: Home Inspection Reveals Necessary Repairs - What To Do To Determine Whether You Want To Buy The House - 09/13/08 03:39 PM
A home inspection is required to reveal deficiencies in the property. Hopefully they are not major, as you have spent a lot of time to find your dream home. You don't want to start shopping again, and at the same time don't want to have to spend thousands of dollars the day you move in.
When the home inspector finds a problem, they will in some cases be able to provide a ballpark figure for repairs. Some home inspectors have worked in the construction field prior to becoming licensed. They are in a position to offer some prices to correct the … (0 comments)
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real estate: Courtice Open Houses On HomesByOwner.com - 09/01/08 04:31 PM
Plan to attend Courtice Open Houses this coming weekend. Don't miss this one.
21 Kennedy Drive - Sunday, September 7 -- 2 to 4pm
Directions to this For Sale By Owner home.
This Clarington private real estate sale is located in a great family area. It is on a dead end street, so it is a great place for kids to play. Schools, shopping and Highway 401 are minutes away.
There are 3 spacious bedrooms and 2.5 bathrooms. The master has a walk-in closet and a 3 piece ensuite bath room with a shower. There is room for family meals in the eat-in … (0 comments)
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real estate: Oshawa Open Houses - Saturday, September 6 & Sunday, September 7 - 09/01/08 12:04 PM
Plan to attend some Oshawa Open Houses this coming weekend.
1304 Belair Crescent, Oshawa
Open House - Saturday, September 6 & Sunday, September, 7 -- 2 to 4pm
Directions to this Oshawa Real Estate private sale.
Oshawa for sale by owner home located in a prime area of the northeast part of the city Completely updated from top-to-bottom New roof installed in June 2008 Popular 3 + 1 bungalow style Bright and cozy updated kitchen Basement finished into a rec room with a wet bar, 4th bedroom, laundry room, bathroom and workroom. Large L-shaped deck overlooking the fully fenced, landscaped … (0 comments)
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real estate: How To Work With Real Estate Offers When Selling - 08/31/08 03:25 PM
Selling real estate is a very traumatic time. This is especially true when it comes time to deal with an offer. You are about to sign an agreement that commits you to a sale in the hundreds of thousands of dollars.
Then a buyer comes along and presents you with an insult, not an offer. You will get situations like this whether you are listed with a real estate broker or selling privately. There is no way to avoid it. You have to understand some buyers feel they have to start low to get their best price. This is a misconception … (1 comments)
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real estate: What Is A Condo Status Certificate? - 08/31/08 02:19 PM
A condo status certificate is a health report of the condominium corporation for which it was prepared. It was previously called an estoppel certificate.
Status certificates are generally ordered when a buyer submits an offer to purchase a unit in the condo complex. They will make the agreement conditional upon receiving one and their lawyer reviewing and reporting the findings to them. Based on the information revealed in the report, the buyer will decide whether they want to proceed with the transaction.
The cost of a status certificate is $100 maximum with includes taxes. A written request with the fee is … (0 comments)
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real estate: Selling Condos Requires That The Owner Confirm The Maintenance Fees And What Is Covered - 08/31/08 12:45 PM
When selling condos, sellers must confirm the monthly maintenance fees. On the Ontario Agreement of Purchase and Sale, they will be required to verify what they pay to the company that manages the condominium. The buyer will want confirmation what the fees are and what they cover.
Condo fees are based on the size of the unit and the cost to run the complex. For example, if the operating costs are $.20 per square foot each month, a 1,500 square foot unit will pay $300,00. A 1,000 square foot unit will pay $200.00 a month. The management company will break the … (0 comments)
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real estate: Oshawa For Sale By Owner Home Located In Great Family Area - 08/31/08 08:17 AM
This Oshawa For Sale By Owner home is located in a prime area of the northeast part of the city. Pride of ownership certainly shows in this bungalow. The owner has updated it from top-to-bottom. There is nothing more to do.
You will find 3 spacious bedrooms on the main floor as well as a bright and cozy updated kitchen. The basement has been finished into a rec room with a wet bar, 4th bedroom, laundry room, bathroom and workroom.
Entertain your friends on the large L-shaped deck overlooking the fully fenced, landscaped backyard. A new roof was installed in 2008. Features … (0 comments)
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real estate: Real Estate Buyers And Sellers Must Now Divulge Personal Information - 08/27/08 11:29 AM
In June 2008, new rules governing Canadian real estate transactions took effect. Buyers and sellers must disclose more personal information than they did in the past. This is intended to combat illicit financial activity and eliminate money laundering.
Real estate agents are now required to acquire and verify all personal information. They must also account for the source of deposits submitted for each transaction. Information of buyers and sellers must be kept by the broker office for a minimum of 5 years for every real estate transaction in Canada. Details such as proof of identify and occupation is included.
In a … (0 comments)
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real estate: How To Handle Multiple Offers When Buying Or Selling Real Estate - 08/26/08 02:32 PM
In some markets, multiple offers can show up whether you are buying or selling real estate. As a seller it is a pleasant experience, while buyers have a different set of emotions to deal with.
Sellers love situations like this. They have 2 or more buyers interested in their home. It is not uncommon for the top bidder to pay the asking price or more. In some areas, the selling price can be tens of thousands of dollars more than they were asking.
The buyer has spent weeks, even months to find the perfect home. They have lost sleep trying to … (2 comments)
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real estate: When Is The Best Time To Sell Your Home - 08/26/08 01:43 PM
A question we get asked a lot is when is the best time to sell a home. Unfortunately there is really no correct answer. There are years where there is neither a spring or fall market. Sometimes the summer of even the winter is very active.
In real estate there are generally 2 markets; spring and fall. You can expect spring to be the strongest. This is due to owners selling and moving in the summer when the kids are out of school. Others might sell in the fall and move over the Christmas break.
This question is generally asked for … (0 comments)
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real estate: Ways You Can Add Value To Your Home - 08/24/08 01:42 PM
Here are some ideas that will add value to your home.
Bathrooms. This is one room in a home that you can renovate and recover the cost when you sell. An out-dated bathroom will prohibit the home from selling for top dollar. Kitchens. Like bathrooms, you will generally recover the money you spend here to update. Keep costs in line if you are selling in the near future. Adding additions. You might consider adding another bedroom, bathroom, family room or enlarging the kitchen. This is money well spent as it adds square footage to the home. You do not necessarily have … (0 comments)
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real estate: HomesByOwner of Durham Region Proudly Participates In A Worthwhile Fund Raising Event - 08/24/08 10:35 AM
On Saturday, August 23, HomesByOwner of Durham Region participated in a funding raising event in Bowmanville. The organizers wanted to raise some money to help a young family in their church. The husband has just been diagnosed with cancer.
In addition to HomesByOwner.com, other businesses contibuted their help, items for the silent auction and donations. To name a few:
APOM Home Inspections - Daniel Giddings Little Willys Contstruction - Will Littlejohn Hoopers Jewellers - Bowmanville - Ron Hooper Home Depot The Rental Hub - Bowmanville Tims Rent-All - Bowmanville Durham Region Police Service Municipality of Clarington
… (0 comments)
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real estate: Courtice For Sale By Owner - Open House Sunday, August 24 - 08/20/08 08:14 AM
Plan to attend this Courtice For Sale By Owner open house this weekend.
This is a good family home located in a great area. Since it is on a dead end street, it is a great place for kids to play. Schools, shopping and Highway 401 are minutes away.
There are 3 spacious bedrooms and 2.5 bathrooms. The master has a walk-in closet and a 3 piece ensuite bath room with a shower. You have room for family meals in the eat-in kitchen that features oak cabinets, a pantry, garbarator and built-in dishwasher. You can walkout from the dining room to the deck in … (0 comments)
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real estate: Pets And How They Can Affect Your Home - 08/19/08 08:23 PM
Most people like pets. I am referring to cats and dogs. They are cute, cuddly and make great company.
If you are a pet owner, there are some precautions that should be taken if selling a home now or in the future. Here are a few ideas that might help.
Bathe the pet on a regular basis. Some develop a body odor which can result in an unpleasant smell in the home. Keep their bedding and food dishes clean. These can create an odor as well. If your pet uses the back yard as a potty, scoop on a daily basis, … (0 comments)
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real estate: Another Sad Case Of Some Poor Real Estate Advertising - 08/18/08 06:40 PM
Real estate agents tell private sellers they cannot sell their own home. They won't market the property effectively. Owners need a professional experienced in promoting their sale.
Here is an ad that is currently on a classified website. We have changed the name of the agent and broker to protect the guilty. There are no pictures of the home in the ad.
4bd detached home available for reasonable price in north ajax call for viewing at ‘salespersons first name' ( salesperson, ‘name of real estate brokerage') 905-XXX-XXXX
In an attempt to protect their industry, realtors discredit for sale by owner companies. HomesByOwner … (1 comments)
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real estate: Mortgage Broker Wants A Fee However The Buyer Is Not Able To Come Up With It - 08/17/08 04:09 PM
In some cases, a mortgage broker will require a fee to arrange a mortgage. This is generally done when the borrower has a poor credit rating. The broker will have to do additional work to make sure a loan is in place for the buyer.
The home buyer may not have the mortgage broker's fee. Since their credit rating is less than perfect, coming up with the minimum down payment could be a struggle. They also have their real estate lawyer's fees and other closing costs to accumulate.
The way to handle a situation like this is to insert a clause … (1 comments)
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real estate: Why Use A Mortage Broker To Finance Real Estate - 08/13/08 03:24 PM
Use a Mortgage Broker to finance real estate. It is no secret in the business that brokers will find the best mortgage at the best rates. In some cases they will beat the best deal you can get at your own bank.
Mortgage Brokers have a pool of lenders that they can shop. This will give you the benefit of one-stop shopping. Some loan companies cater to only those with perfect credit, while others will consider financing those with a poor credit history. A broker will generally have 20 or more mortgage companies they can approach.
You should have only one … (0 comments)
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real estate: I Have Never Heard Of A Bad FSBO Sale - 08/12/08 05:14 PM
A real estate agents argument to discourage an owner from attempting a For Sale By Owner is that they might get in legal hot water. When it comes to the private seller completing the paperwork, they might not do it correctly.
This writer was an agent for 15 years. I sold over 700 homes during a 15 year period. My best month was 15 firm deals. On a number of occasions I sold 3 homes in 1 day. On one weekend, I sold 6 homes from Friday night to Sunday night. On this particular Sunday, I sold 4 homes.
This … (0 comments)
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real estate: The Emotional Side Of Buying Or Selling A Home - 08/12/08 04:25 PM
It is a fact that the less frequent the purchase or sale, the higher the anxiety level. Buying or Selling A Home ranks high on the list of transactions that will leave the strongest with frazzled nerves.
Imagine going into a store to buy a dress or pair of pants. This is something you might do a few times a year. You might find it difficult to determine what colour you want, but you know that if you get it home and change your mind, it can be returned.
Now create a picture of someone that is buying their first house. They … (0 comments)
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real estate: Buying Or Selling Real Estate From A Licensed Ontario Realtor - 08/12/08 03:32 PM
In Ontario, all Realtors must disclose when buying or selling real estate.
To do this, they will insert a clause in the Agreement of Purchase and Sale. This is the offer form used in the Province of Ontario.
They must also complete a ‘Disclosure Statement'. This form answers questions such as why they are buying or selling and any knowledge they have regarding the future use of the property. Consumers are protected from agents that might take advantage of a situation.
If you feel you have been dealt with unfairly by a Realtor, you can contact the Real Estate Council of … (0 comments)
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