home inspector

A broker or salesperson is a key guide as you embark on the buying or selling process, but it is likely that you’ll need help from other service providers as well.

power of sale home

To explain “power of sale” in plain language, if I borrow money from a bank, we agree that the property will be a sort of guarantee. If I don’t repay the money according to the terms of my agreement, the bank can take possession of the property and sell it, and give me any money that is left over.

00home-buying

Buying your first home is an exciting milestone. It is also an endeavor that can get complicated quickly, so I recommend working with a registered real estate salesperson or broker to guide you through the process.

The Real Estate Council of Ontario (RECO) has been looking out for home buyers – and sellers – for over two decades. I suggest that you start by visiting RECO’s website and following these five tips:

Marijuana grow houses what are the signs

Most home buyers tend to focus on what they can see: bright, open spaces, attractive finishes and a nicely landscaped yard. But a home’s striking appearance could be concealing the damage of a former marijuana grow op.

 

 

Buyers-Representation-Agreements

When you are buying your home, a real estate broker or salesperson may ask you to sign a representation agreement. A representation agreement defines the nature of the relationship between you and the brokerage, including the broker or salesperson.

using a real estate brokerage

The decision to use a brokerage (or not) is entirely yours to make, but the Real Estate Council of Ontario (RECO) strongly recommends working with a registered salesperson or broker when you buy or sell a property for the simple reason that navigating your way through a real estate transaction on your own from start to finish can get complicated, especially if you’re inexperienced.

mULTIPLE-oFFER-wHEN-hOME-bUYING

At times, home buyers may find that they are not the only party interested in purchasing a property. This situation of competing offers, calls for buyers to be more prepared and better educated on the process. 

 15-Questions-To-Ask-When-Buying-A-Home

Buying a home will most likely be the biggest financial decision of your life. It is important that when you begin this journey you are prepared. There will be more to think about than the types of flooring or the number of bedrooms in a house. No question is silly when there is a huge price tag on what you may be about to purchase.

I have compiled some important questions that should always be asked. If your real estate agent doesn’t have the answer, they should definitely do the research and find out what you need to know.

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