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Finding the List Price “Tipping Points”
Setting the right list price for a home or investment property is a mystery for many sellers. How do you begin to determine what buyers are likely to pay for your property? After all, no two properties are exactly alike. Yet, setting the right price is crucial. You need to avoid ...
Continue ReadingWorried about Finding a Home if You Sell First?
There are many reasons why selling your current home before buying another one may be a good idea. But, once you’ve made that decision, you may still worry that you won’t find another home to buy after you sell.Fortunately, there’s plenty you can do to minimize that possibility. For example, if ...
Continue ReadingHow to Avoid or Recover from Identity Theft
Types of ID fraud Identity theft is when someone uses your personal information without your knowledge for criminal purposes. They may use the stolen information to gain access to your financial accounts, hack into your online accounts, and/or defraud others. Once they access your personal information, identity thieves can also: spend money from your ...
Continue ReadingAdditional Costs When Buying a Home
The purchase price of your home is only one of the costs you'll encounter. Here are other possible costs you need to consider: Mortgage loan insurance: If you are putting less than 20 per cent of the house value down, you're going to need mortgage loan insurance. Depending on the lender, ...
Continue ReadingThe Buyer Representation Agreement
The search for your dream home is an exciting, albeit frenzied, endeavor. It is filled with endless possibilities; do you want to live in the city or suburbs? Will you live in a condominium, townhouse or a detached home? This is essentially the fun part of home buying before you ...
Continue ReadingHow Capital Gain Works
Have you made capital gain? That’s great news, because this influx of cash from selling your assets will improve your financial health. However, these benefits may be taxed. Here, I answer seven common questions. 1. What is capital gain? Capital gain represents the profit you make when you sell, entrust, transfer or ...
Continue ReadingFree Home Buyers Guide Book
I recently revised my Home Buyers Guide Book. It's a collection of how-to’s, checklists, and worksheets to help buyers understand what to expect during the real estate purchasing experience. Click here to get a free copy. ...
Continue ReadingInspect your House & Property
It is advisable to do a thorough visual inspection of your home’s exterior, as well as any fences, sheds and other secondary buildings on your property, at least once or twice a year. Now, more than ever, extreme and unexpected weather events happen with greater severity and less predictable outcomes.So, ...
Continue ReadingHow to Choose One Business Over Another
What makes one business better than another when you are buying a business? Some of the considerations are obvious. Others are not. As you explore the business landscape, keep in view these 12 markers for choosing a business. 1. Location Is the location of the business convenient? Is it close to your home? Is ...
Continue ReadingObligations of All Ontario Registrants (REALTORS®)
Real estate is a highly regulated business in Ontario. These regulations protect consumers, establish standards and provide for a method of delivering consistent, predictable and professional services. It also provides a means to discipline those that do not uphold those standards. Real estate professionals standards include regulatory (TRESA), fiduciary (legal) ...
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