selling a home: FYI! Standard clauses in a purchase & sale of real property & why they are there to protect you
- 02/17/12 10:24 PM
Standard Agreements are written to protect the public In NS, we are fortunate to have well written, by lawyers with input from industry members, standard agreement forms of purchase & sale for various types of residential properties, the use of which is mandatory in our industry. The use of these standard agreement forms make writing & responding to offers easier, less risky for the parties involved, & less time consuming than if each agreement was drafted from scratch. The creation of different versions of the sgreement for different types of properties streamlines the process. It is standard practice to encourage a … (0 comments)
Contrary to popular belief, Grow-ops or drug houses do not make good long-term investments. Whether you have or have not been faced with a Grow-op yet in your career, it is of great importance to take extra steps in identifying a grow-op (or drug house) before entering into any contractual obligations with clients or the public. Grow-ops are dangerous for several reasons but in most cases it's the structural integrity of the house & the risk of being innocently involved in criminal activity that are the two most serious. The exposure of moisture & humidity to the walls & … (0 comments)
selling a home: Is it beneficial to me to use a Realtor® when buying or selling my home?
- 01/16/12 03:12 AM
" Is it beneficial to me to use a Realtor® when buying or selling real estate?" Don't they just stick up a for sale sign & wait for their phones to ring? We hear this alot. What you are forgetting is that we as real estate agents have a great deal more knowledge than you give us credit for. We know of alternative financing options, how to make the self-employed home owners' mortgage tax deductible, upcoming developments, which lenders offer different products, how to improve your credit rating, we are a great resource for trades should you need help with repairs … (3 comments)
selling a home: Avoid the credit report blues
- 01/06/12 03:53 AM
Do you know whether or not there is an error on your credit report? There may be. Every few years you should apply for a copy of your personal credit report to verify that it is accurate.
Many people are shocked by at least one piece of information in their credit report. All it takes is one incorrect item to create an obstacle to getting the best mortgage rate possible, a car loan or sometimes even a job. So it does pay to find out just what your report says before you start shopping for that new home or … (0 comments)
So many people think that as long as they throw up a For Sale sign on the lawn, someone will buy their home.This is so far from the truth.Very few properties are completely ready for a sale.In my nearly 20 years, I can think of one that we had listed that this could be said about it, & needless to say, it ended upwith competing offers.
Before you put your home on the market, think of all those little projects that you have always said. “ I will do it when I … (3 comments)
selling a home: Profile of 2011's Home Buyers & Sellers
- 11/18/11 10:58 PM
2011 NAR Profile of Home Buyers and Sellers This summer, the National Association of Realtors (NAR) surveyed 5,708 home buyers and sellers for their 2011 National Association of Realtors® Profile of Home Buyers and Sellers. The study shows that home buyers are now “staying well within their means,” have higher incomes and are putting down higher payments than those surveyed for last year’s survey. NAR 2011 President Ron Phipps notes that first time buyers had more challenging financial obstacles to overcome. Phipps said, “First-time home buyers fell to a 37 percent market share in the past year from a record high … (4 comments)
selling a home: Our beloved neighborhoods: November's Spotlight - Portland Hills
- 11/12/11 07:33 AM
Just off Portland Street in Dartmouth, Nova Scotia, lies the entrance to the sought after successful community of Portland Hills. Masterfully designed to integrate gently descending streets with natural surroundings, this exceptional community offers home sites of gorgeous views of the Portland Valley, the Dartmouth skyline, to peaceful wooded tranquility on the shores of Morris Lake. It is an extension of the communityof Portland Estates along Portland Street(Route 207). One of the municipality's new bus rapid transit, The Link, routes has a terminus in PortlandHills.Designed for those who want to live in an upscale neighborhood with all the amenities near … (0 comments)
selling a home: The Real Math Of Over-Pricing When Selling Your Home
- 11/10/11 07:59 AM
The Real Math of Over-Pricing a Listing : It's one of the constant struggles of being a productive real estate agent. You have good clients that want to list their property with you, but despite your best efforts, they insist on listing their house for $20,000 more than the market dictates it should be priced. What do you do? One of the things that you may want to do to help your clients avoid this costly common mistake (and many sellers do make this very common mistake) is walk them through the simple math of what "overpricing" their property … (4 comments)
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