Category Archives: Tips for Sellers

Low Interest Rates: What It Means For You As a Seller

The Bank of Canada has lowered its interest rate again by 25 basis points (or 0.25 percent). This means the overnight rate for Canada is hovering at a mere 0.5%! What exactly do low interest rates mean to you as a seller? Well let’s take a look at how interest rates work. Low Rates …

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10 Easy Steps in Preparing Your Home For Sale

Whether you list your home with a real estate agent or decide to do it on your own, there are many things you need to consider when you are preparing your home for sale. You want to appeal to the widest audience in order to increase your chances of selling your home in the …

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The Home Sale: Securing the Deal

  Ready to close the deal? Maybe not.   Sometimes unforeseeable issues arise just prior to closing the sale. Hopefully, with negotiation, most of these have a workable solution. Unfortunately, this is not always the case. But don’t panic. Another buyer might still be found who is willing to accept the house as is. …

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What is a CMA and Why Do You Need One?

  CMA is real estate shorthand for “Comparative Market Analysis”. A CMA is a report prepared by a real estate agent providing data comparing your property to similar properties in the marketplace.   The first thing an agent will need to do to provide you with a CMA is to inspect your property. Generally, …

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Traversing the Pitfalls of Home Inspections

  June and Fred Smith were diligent about getting their home ready for sale. They ordered a pre-sale termite inspection report. The report revealed that their large rear deck was dry-rot infested, so they replaced it before putting their home on the market.   The Smiths also called a reputable roofer to examine the …

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Risks of Remodeling Without a Permit

Most cities require that homeowners obtain a building permit before making modifications to their residence. Which modifications require a permit vary by city. Also, some cities are more vigilant than others in enforcing permit laws. In order for the homeowner to receive a permit, the homeowner or his/her designee are required to file plans …

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