REAL ESTATE KEY INFO

Find The Dream Home In Canada

Buyer

Pre-Qualification

It is important to meet with a mortgage broker to find out how much you can afford to pay for a home prior to beginning your search.

Getting Pre-Approved

With Pre-Approvals, the buyer applies for the mortgage and receives a commitment from the lender prior to finding the property. Assuming the property of interest is within or less than the amount you are pre-approved for, the seller quickly knows that you are a serious buyer for the property. Knowing how much you can afford is the first step, sellers are much more responsive when dealing with potential buyers who have already been pre-approved. This will also allow you to avoid disappointment by focusing the search around properties within your price range rather than branching out. Typically, the costs for mortgage pre-approvals are minimal and the lender will usually allow you to pay them when closing the loan.

Receiving adequate representation by a great Professional with your interests in mind Consider hiring your own real estate agent, one who is interested in serving your needs as the buyer rather than the seller.

Visualizing an empty property with your Furniture
When viewing a property it is important to ask yourself the following questions:
● Will the rooms fit my needs and my furniture?
● Is there sufficient natural lighting?

Being rational rather than emotional

While visiting a property it is extremely important to think with your head rather than your heart. Oftentimes clients fall in love with properties that do not meet their needs, leaving them in a tough predicament. You must  remember,  there are many properties on the market,  with new properties being added daily so one must not rush such decisions which they may regret in the future.  It is extremely important to consider the following question throughout your  search:

  • Does this property really meet my needs?

Being Thorough and covering all your bases

When finding your desired property it is important to invest in the following essential services to  ensure excellence:

  1. Including the property inspection and mortgage contingencies in your written offer.
  2. Having the property inspected by a reputable professional inspector.

The information presented above may be very strong, that is why it is important to have professional representation handling all the tedious details on your behalf. Please don’t hesitate to email me or call me directly to further discuss any questions in greater detail.

Seller

Throughout the years it has become apparent that many homeowners are interested in selling their own property without the help of a professional. One should keep in mind the following when selling their own property:

Prior listing your property, you should grasp a strong understanding around the following topics:

Understanding your property

You should have a strong understanding about your property and all the features associated with your property. This includes: property taxes, property square footage, and etc.

Researching the current market

When determining the price of your property, you should perform extensive research to understand the selling prices of similar houses within the neighborhood. This step will allow you to price your property at a competitive rate.

Once the property selling price has been determined, you should keep the following concepts in mind as well:

Creating an Effective Marketing Plan

When selling your property, it is important to effectively and efficiently advertise the property to create interest from both prospective buyers within the market and real estate  agents. These advertisements can be done in the form of an online social media ad or a traditional newspaper ad.

Installation of a “FOR  SALE” sign

When purchasing a “FOR SALE” sign,  one must keep in mind it should be attractive and weatherproof. The sign must be placed in a location that is clearly visible by oncoming traffic.

Preparation of a Facts Sheet

You should prepare and design a single page description of your property outlining all the features and benefits associated with the property as a tool to attract the attention of prospective buyers. This should be distributed to all visitors at the properties open house.

Scheduling an Open House

Typically, Open House viewings are scheduled during the weekend that way it is convenient for all prospective buyers. This should also be advertised on various platform to attract the attention of all prospective buyers

Keeping a record of all open house visitors

It is very important to keep a record of all visitors coming to view the property, this can be done in the form of a list with the names of visitors and their phone numbers. You should concentrate your attention towards those who seem to have an interest in your property, by having follow up telephone conversations to understand their stance/perspective on the property.

The art of Negotiation
Once you have received an offer it is time to negotiate, you should leave all your emotions behind when negotiating. You never want to give away your position towards the property to your opposing side.An important concept to remember is that: “Negotiating is getting the other side to have your way”. It would be part of your best interests to have a lawyer review all contracts before finalizing the deal.At the end of the negotiation stage a written agreement with the buyer regarding the following needs to be established:

Price of the property

Inspection dates

Financing terms

Closing Date

Date of Possession

It would be part of your best interests to have a lawyer review all contracts before finalizing the deal
The information presented above may be very strong, that is why it is important to have professional representation handling all the tedious details on your behalf. Please don’t hesitate to email me or call me directly to further discuss any questions in greater detail.

Leasee

Pre-Qualification

It is important to get your documentation in order prior to beginning your search. In order to facilitate a smooth and stress free search, you must have the following documents:

  • Credit Score Report
  • Employment Letter
  • Personal Reference

When presenting an offer these documents help put the landlord’s mind at ease, as they help show that you are a strong and serious candidate for this property. 

Visualizing an empty property with your Furniture

When viewing a property it is important to ask yourself the following questions:

● Will the rooms fit my needs and my furniture?
● Is there sufficient natural lighting?

Being rational rather than emotional

While visiting a property it is extremely important to think with your head rather than your heart. Oftentimes clients fall in love with properties that do not meet their needs, leaving them in a tough predicament. You must remember, there are many properties on the market, with new properties being added daily so one must not rush such decisions which they may regret in the future. It is extremely important to consider the following question throughout your search:

Does this property really meet my needs?

The information presented above may be very strong, that is why it is important to have professional representation handling all the tedious details on your behalf. Please don’t hesitate to email me or call me directly to further discuss any questions in greater detail.


Find Your Local School                       Find Your Local School Rating

Leasor

Throughout the years it has become apparent that many homeowners are interested in leasing their own property without the help of a professional. One should keep in mind the following when selling their own property:

Prior listing your property, you should grasp a strong understanding around the following topics:

You should have a strong understanding about your property and all the features associated with your property. This includes property taxes, property square footage, and etc.

When determining the price of your property, you should perform extensive research to understand the lease prices of similar houses within the neighborhood. This step will allow you to price your property at a competitive rate.

Once the property selling price has been determined, you should keep the following concepts in mind as well:

When selling your property, it is important to effectively and efficiently advertise the property to create interest from both prospective buyers within the market and real estate agents. These advertisements can be done in the form of an online social media ad or a traditional newspaper ad.

When purchasing a “FOR LEASE” sign, one must keep in mind it should be attractive and weatherproof. The sign must be placed in a location that is clearly visible by oncoming traffic.

You should prepare and design a single page description of your property outlining all the features and benefits associated with the property as a tool to attract the attention of prospective buyers. This should be distributed to all visitors at the properties open house.

Typically, Open House viewings are scheduled during the weekend that way it is convenient for all prospective buyers. This should also be advertised on various platform to attract the attention of all prospective buyers

It is very important to keep a record of all visitors coming to view the property, this can be done in the form of a list with the names of visitors and their phone numbers. You should concentrate your attention towards those who seem to have an interest in your property, by having follow up telephone conversations to understand their stance/perspective on the property.

Once you have received an offer it is time to negotiate, you should leave all your emotions behind when negotiating. You never want to give away your position towards the property to your opposing side. An important concept to remember is that: “Negotiating is getting the other side to have your way”. It would be part of your best interests to have a lawyer review all contracts before finalizing the deal. At the end of the negotiation stage a written agreement with the buyer regarding the following needs to be established:
● Lease price of the property
● Financing terms
● Closing Date
● Date of Possession
It would be part of your best interests to have a lawyer review all contracts before finalizing the deal
The information presented above may be very strong, that is why it is important to have professional representation handling all the tedious details on your behalf. Please don’t hesitate to email me or call me directly to further discuss any questions in greater detail.