Home Buying and Finances – Making the Right Decisions How much can you afford? Almost everyone who buys a home borrows some of the money to pay for it. The easiest way to determine how much money you will be able to borrow as a mortgage loan is to consult with one or two lending …
The Final Costs of Buying a Home The purchase price of your new home is the biggest cost you will come across in your home-buying venture, but it is not the only one. A REALTOR® can provide you with helpful advice about other costs involved, some of which may include the following: Application / Mortgage …
Glossary of Real Estate Terms ADJUSTMENT DATE The day on which all calculations of interest, tax adjustments and utility bill adjustments (if applicable) are made to either the buyer or seller. This is usually (but not always) the same as the possession date. AMORTIZATION The time it takes to repay the entire amount of a …
Tips on Sprucing Up Your Home Prior to Selling An attractive, well-kept home generally has a better chance of selling faster than one which hasn’t been well maintained. Also, the old adage “first impressions are lasting ones” is very true in this case. It is usually not a good idea to undertake major renovation projects …
How to Market Your Home If you are thinking of selling your home, you may think that all that is required is a “FOR SALE” sign placed on your front lawn — but any real estate professional will tell you there is much more to it than that a well-thought-out marketing plan is also essential. …
SELLING YOUR HOME – WHAT A LISTING ENTAILS If you are considering selling your home, you will need professional help to ensure your home gets maximum exposure and is properly marketed. Enlist the services of a REALTOR® to make sure you achieve your goal. The listing is the beginning of a selling process that includes …
Arranging a Mortgage Sorting through the numerous mortgage options available to today’s homebuyers can be intimidating, but professional help is readily available. Your REALTOR® can offer you information along with your financial institution’s mortgage specialist. First, it’s necessary to know which kinds of institutions will lend you money. Banks and trust companies lead the pack, …
Multiple Offers – What’s Involved As a buyer or seller, dealing with a multiple offer situation on a property can be stressful. Your REALTOR® can provide you with information about the process regarding your situation, but this article will give you an overview of some key points to bear in mind. The buyer Your REALTOR® …
Sooke: Community Information Located west of Victoria, Sooke became incorporated in 1999. Sooke is divided into distinct areas known as Sooke Village, East Sooke, Broomhill, Saseenos, Sooke River, Whiffin Spit and “the West Coast Road”. There is a growing business section in the downtown core, good schools, sports facilities and an excellent museum. Driving from Victoria …
