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 …
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® …
If you are thinking of selling your home, have you given much thought to what you plan to leave with the home and what you would like to take with you, such as the washer and dryer, the fridge and stove, or even that heirloom chandelier in the dining room? While these may not seem …
One issue of primary concern to all homeowners trying to sell their homes is, “How do I make sure my property is seen by the maximum number of people?” Of equal importance probably should be, “How do I make sure the maximum number of people who are motivated or likely to buy my home see …
If you have ever sold a home before, you know there is a lot more to an offer to purchase than merely the price the buyer is willing to pay. Other important factors that must be weighed carefully include a suitable closing date, financing, conditions and items which are to be included in the sale. …
Are you thinking of buying or selling a condominium, townhouse or other property covered by the Strata Property Act? If so, it’s important to be aware of the documentation Strata Corporations must provide or you need to obtain to ensure you are making informed decisions. Some of the key documents that Strata Corporations must prepare …
When the time comes to sell your home, you may be tempted to sell it yourself with the hope of saving the real estate commission. In most cases, however, selling your home without the services of a professional real estate practitioner will not save you money and could lead to unexpected problems. Before attempting …
