Buyers

Buyers Buying and Selling at the Same Time The scenario of buying and selling your home at the same time has been coming up more recently now that the housing market in Sudbury has entered a more balanced state.  In a very competitive market, you can still buy a new home and sell your existing one at the same time but it is […]
Buyers What is a modular home? Last week I went on a trip out to the east coast to visit a factory where they build modular homes. Like many others, I really didn’t know much about modular homes. Many people think about mobile homes and trailer parks when they hear this term. Let me tell you, these are NOTHING like those. […]
Buyers Auction systems vs Blind Bidding The real estate world here in Sudbury Ontario has a new auction company in town. The new company has caused a bit of a kafuffle with realtors and clients alike. This is mainly due to their use of their auction system to sell homes. This is a new process that has not been widely adopted. […]
Buyers Why is the list price so low?? Sold over asking! Crazy amounts above the list price are the talk of every virtual water cooler these days. Can you believe that they sold their home for that much over asking? Why am I having such a hard time buying a home in my price range and keep getting out-bid? If you have been […]
Buyers Best and final offer? There is a notion that real estate agents might be the lowest form of human being on earth. Right up there with used car salesmen. Recently, I have uncovered some evidence to strongly support that notion!   Obviously this is not true for the majority of us out there trying our best to help people. […]
Buyers Multiple representation This is something that has caused some debate in the past and something that you should be aware of when involved in a real estate transaction. When you hire an agent, that person has an obligation to act in your best interests and protect your information. There is a buyer representation agreement that is signed […]
Buyers Making your dream home a reality Buying a home is a big decision – whether it’s your first home or your forever home. There’s a lot more to the home-buying process than searching online for the perfect listing that checks all the boxes. The key is being able to shop with both your heart and your head, and knowing how to […]
Buyers Not the best time in real estate By far, the past couple of years has been some of the worst times in real estate. The pandemic forced people to stay in their homes, and stay they did! The number of listings is the lowest it has been in many years. With interest rates incredibly low and many people wanting to get into […]
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Buyers Dates and times in contracts How important are the dates and times in a real estate contract? When you are going through the process of buying or selling a house, the dates and times that are listed in your agreements are very important. You must pay close attention to them. There is no wiggle room and you could easily lose […]
Buyers How do real estate agents get paid? There seems to be a lot of confusion and misinformation out there around how a real estate agent is paid. Hopefully this blog post will clear that up.   First off, real estate agents are 100% commission based. They do not get a salary or a weekly pay cheque. The only time they are paid […]
Buyers Deposit vs Down Payment The deposit is different from a down payment. Often buyers get these two items mixed up or confused. A down payment is at least 5% of the purchase price, sometimes 20% or more depending on how you want the transaction to go and if you want or need to pay for mortgage insurance. The down […]
Buyers Canadian Mortgage App Before you start looking to buy a home, it is best to have your finances in order so you know the price range to look in. A pre-approval with your mortgage agent is always a good idea. If you want to know what your monthly costs, land transfer fees, rebates and closing costs might be, […]
Buyers Is Co-Owning a home an option for you? The price of owning a home is quickly becoming out of reach for many living in Ontario. In just one year, prices have increased over 20% and the pressure for increases is still on. Depending on who you follow or what article you read, the market is either going to crash hard or not at […]
Buyers Green Space Have you ever been told by somebody that the house you are interested in (or that you bought) backs onto “green space” and that you will have lots of privacy only to learn later that a new subdivision is to be built right in your back yard? New homes are being built all the time. […]
Buyers 5 up-and-coming neighborhoods There are quite a few active building developments going on in the city right now. If you are looking to purchase a new build, here are some areas to check out.   Moonglo extension. These are located in the south end of town near Robinson lake. The new subdivision is approved for over 500 lots. […]