Category: Real Estate

When to Talk to a Realtor

I had a conversation the other day with a potential seller that raised a point that I’d like to tell you about. When we met, they were very excited to tell me that they had already had a contractor come over and make suggestions for things that they should do to the house.  I hear this a lot!  Sellers think they should try to have the house ready for sale BEFORE a Realtor comes in. I actually suggest the complete opposite! Talk to a Realtor first! The reason I say this is that Realtors are experienced in preparing your...

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Typically, people put their houses on the market in the Spring months. It’s easier to move in the warm weather and people with families want to get settled before the start of the school year.  Houses and landscaping show better in the spring & summer. Moving is emotional, especially if it involves a major life change, such as divorce, death or a lost job. Moving can also be exciting and even stress free, when you have someone to guide you through the process. Most people begin their search by checking out the internet to see what’s available.  STOP!  Before you do anything else, talk to your mortgage broker or bank to decide on your best financing options. Once that is out of the way, looking for places on the internet can be fun because you will know what price range to look at. This would also be a good time to contact a REALTOR® with your needs and wants.  They will be able to narrow down your search to make it much simpler. Now it’s time to get the ball rolling on the sale of your house. Selling your house is a big deal. Even before you decide to sell, you will probably look at what properties in your area are listed for and have sold for and you may decide what you think your house is worth.  Of...

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Can I Afford It?

People enjoy going to open houses! Some go just for fun, to perhaps get ideas on decorating, or on how to re-do your basement so it’s functional. In the summer, you can get some fun landscaping ideas as well. If you’re only looking for fun… that’s fine. BUT, if you’re actually looking to buy a house, you need to know how much you can afford to spend BEFORE you start house hunting. Quite often people are disappointed when, after looking at numerous houses, they find out that they can’t afford the house they were interested in. By the same...

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Buying a Penthouse Could Kill You!

In high-rise condos the higher the floor the more expensive they are to purchase. But did you know that if you live above the third floor your chances of surviving a “cardiac arrest” drop dramatically the higher the floor? Above the 25th floor your chances are zero! The problem has to do with the increased time it takes paramedics to reach you, get you out of the building and get you to the hospital. Locked lobbies, slow elevators, elevators that cannot hold a stretcher are the prime factors in accounting for the increased time. These findings are reported in...

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Basement Apartments: A good investment or not?

Clients often want to find a property that gives them the option of renting out their basement. This can provide a source of income which can be extremely beneficial. They may be able to use the income from this rental unit to help pay the mortgage. How great would that be! If you want to consider this as an option, It is important first to check with the local municipality, city or town to determine if accessory apartments are legal in the area you are searching. If so, you then need to consider the costs vs. benefits of this...

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