I'm sure by now you have read an article or two (or 17) about how competitive the current real estate market is for buyers. Bidding wars, 20+ offers on a home, bully offers, firm offers with no conditions, buyers offering to give away their first born child if the sellers accept their offer. I made that last one up, but I am sure some parents have thought about it.
Some bidding wars are reasonable, where you’re competing against 1 or 2 other buyers. But then there are the insane kind of bidding war. Where 72 buyers show up, all wanting the same house.
Here are my top 10 tips that can help you in winning that bidding war for your dream home!Read More
This week, a house sold in Toronto’s Yonge and Lawrence neighbourhood. That alone is hardly newsworthy, but the details on how the sale took place has likely been the most talked about real estate story in a long time.
On April 17th, a house on Glencairn Avenue was listed for sale for $699,000 with an offer date set for this past Sunday....Read More
In case you haven’t noticed, it’s a strong seller’s market out there. A low supply of homes coupled with high demand has a way of putting seller’s in the driver’s seat. Unfortunately for buyers, this means that sellers call the shots, for the most part, and buyers are expected to fall in line accordingly.
Here are my suggestions to help you understand the realities of buying a home in a seller’s market.Read More
These are the things real estate agents deal with frequently when they are showing homes, which funny enough don’t make it on any of the HGTV “reality” shows.
When my home buyer clients and I arrive at a home for a showing, I will have called ahead and requested for us to see the home during a set window of time, and the seller has to confirm the showing. So they know we are coming, but once my clients and I arrive at the house, we can be in for a multitude of surprises.Read More
Now that the sellers have accepted your offer, you still have several important things left to do before you can get the keys in your hot little hands.
Get the details on ensuring you have a firm offer, keeping your lawyer and mortgage professional in the loop, setting up home owners insurance and your utilities, and re-visiting your soon-to-be new home.Read More