- Why use a REALTOR® when buying a home ?
A REALTOR® is a licensed real estate professional who is a member of a local real estate board, The Canadian Real Estate Association (CREA) and a provincial association. A REALTOR® has successfully completed an intensive course of study and has skills, knowledge and experience in real estate transactions. They must adhere to provincial law and abide by a REALTOR® Code of Ethics, ensuring a high level of service, honesty and integrity.Buying or selling a home is a big business transaction. That’s why it’s so important to select an experienced team of experts and professionals including a REALTOR® you can trust. If you’re buying, you’ll find the services of a REALTOR® invaluable in helping locate the property that’s right for you. If you’re selling, talk to a REALTOR® for sound advice on when to sell your home in the least amount of time for the best possible price.Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®.But if you’re still not convinced of the value of a REALTOR®, here are a dozen more reasons to use one…Read More
- Basics of making an offer
REALTORS® usually have a variety of standard forms (including Residential Purchase Agreements) that are kept up to date with the changing laws. When you use a REALTOR® these forms will be available to you. In addition, REALTORS® cover the questions that need to be answered during the process. In many states certain disclosure laws must be complied with by the seller, and the REALTOR® will ensure that this takes place.If you are not working with a REALTOR®, keep in mind that you must draw up a purchase offer or contract that conforms to state and local laws and that incorporates all of the key items. State laws vary, and certain provisions may be required in your area.After the offer is drawn up and signed, it will usually be presented to the seller by your REALTOR®, by the seller’s REALTOR® if that’s a different agent, or often by the two together…Read More
- Importance of home inspections
Very simply, a house is the single largest investment most individuals will ever make. More and more purchasers are coming to understand the wisdom of a thorough home inspection prior to committing to its purchase. Home inspections have proven to be a positive and educational experience for prospective home buyers. An impartial inspection by a professional Registered Home Inspector (RHI) or CAHPI National Certificate Holder will provide a large measure of protection from unpleasant surprises and allow you to make an informed decision about your purchase.Having a professional home inspection may also reveal serious issues with a property you intend on purchasing. Is the home in an area known to be subject to Radon Gas? Is there any chance that the home was a former Marijuana Grow Operation? The fact that a house may not appear on the Ottawa Police listing of known properties that were former grow ops, is no guarantee that this house wasn’t. Would you know what to look for? These are all issues that a professional home inspector will make you aware of during your home inspection. Miss them, and your family’s health and safety may be at risk, not to mention the hole it will burn in your pocketbook to resolve them.
The purpose of an inspection is to determine the condition of a property at the time of purchase, or afterwards in cases involving litigation, in order to disclose the following:
- serious deficiencies (usually defined as repairs in excess of $1,500)
- replacement and repair requirements
- age and life expectancy of major components
- positive aspects of the home
- maintenance and safety information
The following is part of a standard home inspection…Read More
We’ll send you new listings of local properties which match the description of the home you’re looking for. With this information, you will be able to determine which homes interest you so you can decide which one(s) you want to view.
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