Everything You Wanted to Know About Real Estate but Were Afraid to Ask!

By
Real Estate Agent

Everything You Wanted to Know About Real Estate but were Afraid to Ask!

1.) I'm thinking of moving to Chilliwack? I don't know a lot about the area can you tell me a little about it?          

                                                         

Yes!  I've lived in Chilliwack for 10 years now ~ so I've put together some information just for you!  Check out this post:   Welcome to Chilliwack Info Package - Relocate or Retire in Chilliwack, B.C.

                                                 

 

2.) I'm thinking about buying a home and I'm just not sure where to start?  

Well you're in for an adventure - and hopefully a good one!  Here are some tips I've put together just  for you! So You Think You Want to Buy a Home? Here Are Some Helpful Tips

                                                                                                                                                            

 

3.) I'm really not sure how much I can afford though ~ how can I find out?

                                                            

It's smart of you to ask that question first!  So often people wait to find their perfect home - only to find out that it's not in their price range!  Take a look at this post ~ I think it will help~

 I Need a Mortgage - Help! What are My Options? From That Chilliwack Girl!

                                                  

4.) Should I get a Realtor to work for me first - or should I just call the Realtor on the Sign?

                                                                                                    

I'm so glad you asked!   How Do I Find a Good Realtor? From That Chilliwack Girl!

 

5.) I thought it might be a good idea to start by looking at  Open Houses.  Is there anything I should know about that?

If you're working with an agent - let them know you'd like to go through some open houses - if you'll be doing it alone - let them know which ones you'll be looking at so they can let the Listing agent know.  Make sure you let the listing agent know that you're working with a Realtor - and give them one of their business cards.

Check out this post:  Open House Etiquette -  Should I Go Through Open Houses on My Own ?- After All I Know My Realtor is Busy and I Don't Want to Waste Their Time!

                                                      

6.) I'm thinking of buying a Fixer Upper ~ how do I go about finding a Contractor?  

                                                                                                     

Well you might want to check out this post!  How do You Avoid Hiring a Contractor from Hell? 

 

 

7.) What about Recreational Property? I'm thinking of buying a second home get-a-way ~ what are some good choices?

                            

Well here are some of my favorites!

Interested in Purchasing Recreational Property in B.C.?

 

8.) How exactly do  Realtors get paid? Why do they all charge different fees? Why Shouldn't I hire the Realtor with the Lowest Fees?

Well you're not alone in asking those questions ~ we've answered some of your questions right here!

What's Your Commission? On Hiring a Realtor Based on their Fee

 

9.) I'm told I'm going to have to pay a Property Tax on the Property I end up Purchasing.....how is that calculated?

I knew you were going to ask that! Well here goes!  

Land Transfer Tax or PPT - How Is It Calculated in B.C.?

 

10.) What about a Site Survey - do I need one?

                                                                      

Well here's something to consider...

Don't Have a Site Survey - Title Insurance - Should You Get It? 

 

11.) I'm thinking of selling my house  - since the papers all say inventory is low and it's now a Seller's Market.  I should price high after all, you can always come down - but you can't go up! Right?

I'll be gentle with you :-) - read this!

You Think Your House is Worth WHAT?? Pricing Your Home to Sell

 

12.) But you know the newspapers and all those real estate papers and evening news ~ well they're always talking about median and average prices?  What the heck are they talking about?

                                                            Paper Boy Clip Art

 Well here's the heck! :-)

Speaking of Statistics...What's the Difference Between Median Price and Average Price?

 

13.) My House has Sold! Now what?

Well....you're almost Home Free - just a couple more things!

You've Sold Your Home,The Contract is Signed Sealed and Delivered - Now What?

                                                  

 

O.k. we don't want to leave that at 13 so I'm inviting you to ask more questions !  This is just a 'dent' on some of the questions I've had asked in the past.  You know the saying - there's no such thing as a stupid question? :-) What we do day after day - is second nature to us Realtors  - but new to you.  We may not know what you don't know! So please continue to ask!  And feel free to write here in the comment portion of the Post!

                                          

 

If you or someone you know is thinking of Buying or Selling property in Cultus Lake, Chilliwack, Hope, Abbotsford, Langley or anywhere in the Fraser Valley Area of B.C. - or if you would like more information please give Liz  Moras of Landmark Realty Chilliwack a call at- 604-799-0459 or e-mail at lizmoras@gmail.com.     

Copyright © 2009 By Liz Moras, All Rights Reserved. All photos taken by Liz Moras and copywritten.  Please do not use without permission.   Information provided by this author is only an opinion, it is not guaranteed, may be based on information collected from several sources, and may be time sensitive.  It is not necessarily representative of the opinions of Landmark Realty Chwk. Ltd.   

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Topic:
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British Columbia Fraser Valley
Groups:
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Canada, eh
Diary of a Realtor
Tags:
questions for realtors
what i always wanted to know about real estate but was afraid to ask

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Rainer
143,451
Sandra Scott
DPR Realty - Payson, AZ
REALTOR of Choice! Payson, Pine & Strawberry, AZ

Thanks for the Post.  Good info here.

Nov 25, 2009 02:48 PM #1
Rainer
199,711
Jeani Codrey
The Learning Jeani - New Braunfels, TX
If you're not learning, you're not living!

I like this post...way to plug previous posts about area info and buying/selling tips!  Good job!  Have a Happy Thanksgiving!

Nov 25, 2009 02:49 PM #2
Rainmaker
534,739
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Thanks Sandra!

Jeani - I wrote all the other posts with the intention of putting them all together in one ! :-)

Nov 25, 2009 02:51 PM #3
Rainmaker
1,848,466
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Great idea to answer common questions via your blog posts. Not only are they good the first time around, they get viewed over and over, saving you time from explaining again and again. You're a wise woman.

Nov 25, 2009 02:56 PM #4
Rainmaker
1,051,154
Fred Carver Personal Real Estate Corporation
RE/MAX Camosun Victoria BC Real Estate - Victoria, BC
Accredited Real Estate Consultant

Hi Liz...lots of good information for Consumers Buying or Selling a home in Chiliwack.

Cheers, I think many of our AR Friends wil be absent tomorrow with Thanksgiving and Shopping :O))

Nov 25, 2009 02:56 PM #5
Rainmaker
1,173,378
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

I have two questions.  I may have missed them above but here goes.

Why can't I sell my house myself?

If I go through the listing broker won't I get a better deal?

Have a great Thanksgiving.

 

Nov 25, 2009 03:04 PM #6
Rainmaker
534,739
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Jane - I have those in the works - my Part II of the series - I've started the better deal one but FSBO is next! cool - great minds think alike! :-)

Fred -yep i keep forgetting its their Thanksgiving!

Nov 25, 2009 03:07 PM #7
Rainmaker
1,247,582
Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Liz,

The few times I have been in Chilliwack it seemed like a neat place. Years ago, when I was Kiwanis president, we used to visit up there.

Nov 25, 2009 03:49 PM #8
Ambassador
1,723,845
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Liz,

What an excellent resource blog you have put together. I can only imagine the time and effort you put into  it.

Great job

Nov 25, 2009 03:55 PM #9
Rainmaker
1,173,378
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

O.K.  I will check in for my answers later.

Nov 25, 2009 04:37 PM #10
Rainmaker
3,277,451
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hey Liz, just wanted to drop in and wish you a great Thanksgiving...I know it is not today in Chilliwack:))) anyway have a good one anyway. Love the posts, keep it up. Endre

Nov 25, 2009 07:31 PM #11
Ambassador
2,303,744
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Home Buyers or Home Sellers in Chilliwack,Hope,Langley,Abbotsford - You can see why you should call

Liza Moras for ALL of your real estate needs.  She has the answers to your questions!  

 

Nov 26, 2009 08:09 AM #12
Rainmaker
534,739
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Thanks Endre! It's a working day here - we celebrated our Thanksgiving in October!  But thanks somuch for thinking of me! :-)

Jon- thanks !  It was but I hope it'll be helpful! :-)

Ha Jane - I know you know the answers! :-)

Steve - you're closer then some of my vancouver friends!

Nov 26, 2009 08:10 AM #13
Rainmaker
1,540,432
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Liz,

I wanted to drop by, and compliment you on this post. It's very clever.

Brian

Nov 26, 2009 08:23 AM #14
Rainmaker
334,052
Ty Lacroix
Envelope Real Estate Brokerage Inc - London, ON

Liz

Well done, catchy and should drive traffic to you.

Ty

Nov 26, 2009 09:11 AM #15
Rainmaker
534,739
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Why thank you Brian! And we shall see Ty - Well we are the Real Estate Information Network! :-)

Nov 26, 2009 11:03 AM #16
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Rainmaker
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Liz Moras Migic

Chilliwack, British Columbia - Realtor
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