realestateagent: Buyers Can Finally Buy a House for Less than List Price (But Savvy Buyers Know When to Still Offer over Asking…) - 09/26/22 11:13 AM

If you’re hoping to buy a home, you’ll be happy to hear that the average sale-to-list price has recently dropped below 100% for the first time since March 2021, according to this Money article. In other words, houses aren’t all selling for over asking price anymore, and you can negotiate a lower price than the owner is asking.
That’s welcome news, and a silver lining to buyers who waited (or weren’t able) to buy a house in the recent market frenzy. While mortgage rates are higher, at least now you’re more able to successfully compete for a house, and even negotiate the price.
But … (0 comments)

realestateagent: If Your Buyer Makes Home Inspection Requests, You Might Not Want to Say No Right Now - 09/26/22 11:09 AM

It’s an industry joke that some buyers request the seller to repair even the most minor issue found on a home inspection, like a leaky faucet for example. But over the past couple of years, most sellers could list their house and it would quickly sell for over asking price — and buyers would often waive the home inspection — so sellers wouldn’t have to worry about that at all. Even if the buyers did have an inspection, sellers could easily reply with a firm no, and the buyers would be fine with it.
So if you’re about to put your house … (2 comments)

realestateagent: Summer Is Almost Over: Here’s How to Keep Rodents Out of Your Home as the Temperature Drops - 09/19/22 11:50 AM

With record-high temps and near-constant heat waves across the country, it may feel like we’re in the height of summer. But the truth is, fall is right around the corner. And while the change in temperature will surely provide some much-needed relief from the heat, cold weather can present a new problem for homeowners—rodents.
In an effort to escape the cold and harsh weather, rodents (like mice and rats) often try to make their way into homes.
So how, exactly, do you keep these unwanted guests out of your home this fall and winter? A recent article from realtor.com outlined steps you can take to … (1 comments)

realestateagent: Parents Helping You Buy a Home? Keep These Things in Mind - 09/19/22 11:31 AM

It’s not uncommon for parents to help their children buy a home. In fact, according to a 2020 survey by Loan Depot, 65% of parents said they were willing to help their adult child buy a home by offering financial support by giving them help with a down payment, for example.
Having parents that are willing to contribute to your buying a home is something to be hugely grateful for. But it can also lead to some challenging dynamics, as well as conflict and tension between you and your parents.
But it doesn’t have to! A recent article from realtor.com outlined things you’ll want to keep … (4 comments)

realestateagent: If It Sounds Too Good to Be True, Trust Your Real Estate Agent, Not an iBuyer - 09/16/22 01:00 PM

When you’re selling your house, you want to make as much money as you can, as quickly as possible, and with the least amount of interruption to your life.
So when you come across an “iBuyer” company that offers to buy your house for fair market value, without having to put it on the market, and not having to pay real estate commissions, it can sound super appealing.
The problem is, going that route doesn’t necessarily end up making you as much money as you can!
Real estate agents have been warning consumers that iBuyer offers are often too good to be true, and that there … (1 comments)

realestateagent: What Does Home Insurance Cover? - 09/13/22 02:33 PM

When your home gets damaged in a fire, flood, or other disaster, insurance can be an absolute lifesaver.
But homeowners insurance doesn’t cover everything, so it’s important to know what kind of damage your insurance policy is likely to cover, and the kind of damage where you’re likely to be on your own.
So what, exactly, does home insurance cover?
A recent article from realtor.com answered some key questions on what home insurance typically does—and does not—cover, including:
Does home insurance cover fire? House fires are fairly common; according to the article, approximately one in 350 homeowners file a fire or lightning-related claim each year. And generally, … (2 comments)

realestateagent: Thinking About a Home Renovation? Here Are Signs You May Want to Wait - 09/13/22 02:24 PM
Home renovations can be a great idea; not only can they help you experience your home in a fresh, new way, but they can also add value to your property—which is great if you’re considering selling in the future.
But just because home renovations can be a great idea doesn’t mean that they are always a great idea. There are definitely times where a renovation just isn’t the right call, and moving forward with a renovation during those times could actually cause more harm than good.
So what, exactly, are some signals you should rethink your renovation plans? A recent article from realtor.com outlined key signs you should consider … (3 comments)

realestateagent: The Biggest Mistakes Buyers Make During the Home Buying Process, According to Real Estate Agents - 09/07/22 11:45 AM

When you’re buying a home, you want to avoid any mistakes—particularly mistakes that could prevent you from successfully purchasing your dream home. And if anyone knows what mistakes you’ll want to avoid, it’s real estate agents.
So, what are some of the most common mistakes buyers make when trying to find and purchase a home, according to agents?
A recent article from realtor.com outlined the mistakes home buyers make during the home buying process that real estate agents consider the most common (and the most challenging!), including:
Getting caught up in aesthetics. Many buyers see a dirty floor, outdated wallpaper, or an off-putting paint color and veto … (2 comments)

realestateagent: 94% of Sellers Don’t Disclose These Issues When Selling Their House (And Why YOU Should) - 09/07/22 11:36 AM

It’s highly possible that an experienced home inspector could fail to find something wrong with your house. So it isn’t out of the question that you might not know about something wrong with it. But considering you live there, unless it’s something truly lurking below the surface that only a trained eye could find, the chances are you know a thing or two that’s wrong with your house.
And if you do, you should disclose the issue(s) to potential buyers. But, according to a recent REALTOR Magazine article, 94% of homeowners do not disclose known issues with their home, hoping buyers wouldn’t notice. Well, … (3 comments)

realestateagent: How to buy a house for the first time - 05/16/22 10:57 AM
Qualify for a Mortgage and get a pre-approval (what it is, what to look for, and how to get it)Qualify for a Mortgage and get a pre-approval (what it is, what to look for, and how to get it)
Mortgage pre-approval is a great tool when you're house hunting because it ensures that the buyer will be able to actually obtain financing for the home. The term "pre-qualification" is often used interchangeably with "pre-approval," but there are key differences between them:
Prequalification vs. Preapproval: A lender gives a borrower a general idea of what they can afford when they prequalify them; however, … (1 comments)

 
Team Sapphire Mahesh and Rakhee Khatri, Your friends in real estate ( Sapphire Real Estate, Brokerage )

Team Sapphire Mahesh and Rakhee Khatri

Your friends in real estate

Mississauga, ON

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Sapphire Real Estate, Brokerage

Address: 95 Queen St S, Mississauga, ON, L5M 1K7

Mobile: 416 464 6568

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