International Valuation Standards defines market value as “the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arms-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion.”
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It is not the price you paid for the home plus some improvements you made and real estate commissions. It is not how much your friend, in-laws, attorney, accountant, dentist, brother with a real estate license, neighbor or anyone else thinks your house is worth unless they are willing to buy it at that price and you are willing to sell it at that price. It isn’t what you paid for the home read on ..
A deposit is a “stakeholder”. I signifies Seller that you are serious in proceeding in purchasing their home. The deposit is not a “down payment”. It will however, go towards the purchase price balance upon closing. The deposit it held in a “trust” account which is regulated and is a separate account. Whether a deposit is returned depends on the situation and what caused the deal to collapse. The Share read on ..
As your Realtor, we write specific “conditions” in the contract to protect you. If you are unable to fulfill a condition or are unsatisfied with the results of a home inspection, your obligation to purchase the home will end.
house for sale from Crestock Stock Photo Be realistic. As Realtors we spend hours upon hours researching and evaluating properties. We have a very good idea of what a property is worth. Dealing with unrealistic expectations of a seller can be a huge stumbling block to getting your home sold. The market is saturated with hundreds of properties that will never sell without a price adjustment. Ignoring current competition, needing read on ..
A contract is a legally enforceable promise. Therefore you are obliged to carry out the terms of the contract if it is firm and binding. However most contracts have or should have “subject to” conditions the allow Buyers time to find out more about the home they are buying. The Share Team will ensure that you have all the necessary “conditions” in a contract to provide you with the necessary protection while read on ..
House Beautiful asserts that personal change starts with your closets since it hold the clues to your past and future selves. It also warns that the whole process can take a good four hours… so do it on the weekend, put some music on, and begin the cleansing process of creating space in your closet. Here’s how: 1. When debating about an item, ask yourself, which is more valuable, the read on ..
Comfort One of the main advantages of saltwater swimming is the level of comfort you experience. Salt is softer on your skin than chlorine. Also, chlorine has the tendency to cause red eyes, itchy skin, and discoloured hair. Chemicals Salt water swimming pools use fewer chemicals. You won’t have to store and handle toxic chemicals. Saltwater pools are also more environmentally safe. You also won’t have to smell the read on ..
Viewing a new house with a pool, you imagine weekend swim parties, envious neighbors and relaxing evening swims. Reality, however, includes weekly chemical treatments, higher utility bills and lots of unwanted company. Experts recommend that before taking the plunge on a home with a pool, house hunters should take a hard look at the costs and upkeep involved. In addition, they say, an aging pool is not only likely to read on ..
Before buyers will take the time to look inside your house they need to be impressed by what they see on the outside. See how you can dazzle buyers with nature. Add or touch up the walkway to your front door.If you have a pre-existing walkway leading to your front door then you’re already one step ahead of competing homes. Fill in any cracks, popping up bricks and other potential read on ..