2021/05/25

Home renovation

Why You Shouldn’t Set an Asking Price Based on the Amount You Paid for Your Home?

You may think that it makes sense to set an asking price based on the amount you paid when you bought your house, but things don’t work that way. The amount you can get for your house today will depend on its condition, neighbourhood characteristics, and the state of the economy. Some or all of those things may have changed significantly since you purchased your home. The House’s...

Inspector Finds Several Problems

What to Do If You’re Selling Your Home and an Inspector Finds Several Problems?

Buyers usually have a house inspected before they proceed with a purchase. The exact language related to a home inspection contingency can vary from one contract to another. In some cases, a contingency gives the buyer the option to request repairs, repair credit or walk away. If the buyer is concerned about any of the findings in the inspection report, repairs must be requested in writing within a...

Trouble Selling Your Home

Trouble Selling Your Home? Why You Should Probably Stick With the Same Agent

Selling your home is both exciting and stressful. Most homeowners head into the process without understanding the many nuances involved. Sellers can become frustrated if their home isn’t moving off the market as quickly as expected, or they aren’t getting offers as high as they had hoped. When this happens, you can easily fall into the trap of blaming your real estate agent. While it’s not out of...

How to Find a Home

How to Find a Home in a Seller’s Market?

In today’s hot real estate market, homebuyers have their work cut out for them. Inventory is sparse in most countries, and sellers are enjoying multiple offers and escalating bids. These conditions should not discourage buyers from pursuing their real estate dream, however. On the contrary, current low-interest rates have made homebuying a smart and affordable option for many, especially those who may...

Refinanced Your Mortgage

If You Have Refinanced Your Mortgage Once, Should You Refinance Again?

You have the right to refinance your mortgage as many times as you want, but your lender may place some limitations on how frequently you may do so. You will also have to meet your lender’s requirements related to debt-to-income ratio, credit score and percentage of equity. Here are some things to think about if you’re considering another mortgage refinance. Pros and Cons of Multiple...

Booming-Market

Is a Booming Market a Good Time to Sell Your Home?

Many real estate markets throughout the country are enjoying an unprecedented boom. This would be undeniably a good thing if you were already planning to sell your home in one of these locations. Some sellers, however, are simply looking to take advantage of the moment. While this can be a savvy move, it’s important to think it through before deciding to list your home carefully. Here are a few...

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