Kamloops Property For Sale Real Estate Blog

Choose your kamloops realtorHiring the right person to sell your home is critical to ensure that you encounter as few roadblocks as possible during the sale process and earn a good price for your house.

So you’ve taken that job offer in another city, or perhaps you’ve simply outgrown your current home. You spent time personalizing and making the home yours and chances are, you remember the day you bought your property, signed all your documents and got your keys.

Depending on the circumstances, it can be an emotional time for someone to sell their home, but the time has come to put the property on the market. So the question is… how to choose a Realtor to sell my home? Not only is it the home itself that sells the property but choosing the right listing agent to get the job

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Buying Land as an investmentWhen it comes to investing your money, land has always been a valuable commodity to consider.

When you invest in a piece of land, the opportunities are endless. Perhaps you’ve always dreamed of building your own home. Or, you could hold onto it until the value appreciates and sell it to a developer. Some people even purchase a plot of land to raise cattle on, knowing that at some point they can sell it on if they wish. Land has so much potential, that it makes for a very flexible investment. It’s also possible to purchase land close to your own home to increase its overall value.

Like with any investment, there are some key strategies to help you make the best purchase decision. While no investment can be 100% guaranteed, land remains a safe one so

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Kamloops First Time Home BuyersReady to buy a home? Be prepared: With inventory tight and prices rising, this is a tricky time to be entering the market.

Your biggest challenge is that you’re probably bringing less cash to the table, which makes it harder to compete with more seasoned buyers.

What you do have, however, is flexibility—you’re not counting on selling your current place to fund the deal. That means you can play nice guy with sellers who want to stay put until they land their next place.

Here are the best moves for you to make as you begin to enter the housing market.

1. Lock Up Your Financials

Before you start shopping, clean up your credit and save for a bigger down payment so that you’ll qualify for a better mortgage rate and avoid costly fees. Step one:

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First time home buyers in KamloopsYou may have heard of the incentive programs that the federal government has created to try to entice first time home buyers into the real estate market, but how much do you really understand? Is this something for you?

The government of Canada has a couple of programs that are designed to get first time buyers on the property ladder. Read on to see if they are right for you.

1) The Home Buyers' Plan (HBP). This is a program that allows you to withdraw funds from your Registered Retirement Savings Plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. The HBP allows you to pay back the withdrawn funds within a 15-year period. So what are the rules?

  • Permits two first-time buyers in the same
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Canadians and Covid19 finance tipsIf you have questions about the coronavirus and how the current situation might impact your finances, you’re not alone.

We’ve all heard the words “unprecedented times” more than ever over the last month. While we deal with so much uncertainty around us, it’s important to recognize that there are still actions we can take to help protect ourselves.

With financial markets crashing and the loss of a number of jobs, Canadians are questioning their financial future. It is yet to be determined the real economic impact of the coronavirus as data is changing quickly with limited time to analyze. There are indications that joblessness will increase in the short term, which can be scary; however, the government and lenders are stepping up to aid households in

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Canadian credit scoreYour credit scores are an important aspect of your financial profile.

They may be used to determine some of the most important financial factors in your life, such as whether you’ll be able to lease a vehicle, qualify for a mortgage or even land that cool new job.

And considering 71 percent of Canadian families carry debt in some form (think mortgages, car loans, lines of credit, personal loans or student debt), good credit health should be a part of your current and future plans.  High, low, positive, negative – there’s more to your scores than you might think. And depending on where your numbers fall, your lending and credit options will vary. So what is a good credit score? What about a great one? Let’s take a look at the numbers.

In a

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Price My Kamloops home to sellWhen selling a house, pricing it correctly is one of the most important steps.

If the house is priced too high, it can linger on the market for months without any chance of selling. Even worse, if the price is too low, it will certainly sell, but the seller could be leaving tens of thousands of dollars on the table.

As the homeowner, you play a vital role in preparing your home for the market, determining your asking price, striking the deal, and handing over the role of ownership.

There are two methods that most people use to figure out the price of their home; a comparative market analysis (CMA), and an appraisal. A CMA is prepared by a real estate agent and can come either before or after the agent is hired. An appraisal is done by a licensed

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Candian SnowbirdsIf you spend most of the winter outside Canada, you may want to explore the opportunity to rent out your Canadian home while you’re away. 

Renting out your Canadian residence can have a number of benefits, including helping to cover the costs of your winters away. The extra income can be used to supplement or even offset the cost of your winter home or rental. Another benefit is that your home will be lived in and therefore you won’t have to find someone to inspect it daily or every other day, to meet your insurance requirements.  Finally, your home will be occupied, which will deter break-ins, and any damage due to non-use, such as your pipes freezing or bursting, and other risks.

However, renting out your home isn’t for everyone. You have to be

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Costs of selling your Kamloops Real EstateYour Comprehensive Cost List for Selling

If you’re thinking about selling your home, you’ve most likely thought about the cost of selling a house in BC and what that calculates to exactly. This article helps to break down the cost of selling a home so that they can estimate what your take away profit will be after everything.

Home Preparation and Staging

You only get one chance to make a first impression, and in real estate first impressions are everything. In a hot market, like we have in BC, there are many buyers that only get to see a home once at an open house before they put an offer on it. Many buyers are seeing 10-12 homes on average per showing day, which means you have to stand out from the crowd. Sprucing up the home before you take

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BC real estate newsSharp drop in B.C. home sales should be followed by steady recovery: BCREA

Ban on open houses foreshadows short- to mid-term trouble for property sales, as COVID-19 infects all aspects of the market

As COVID-19 makes its way around the globe, it is also bulldozing its way through the economy.  While airlines and event venues were the first to be infected, many are anxious about how the virus will affect other parts of the economy, including the real estate market – which made up 17.4 per cent of B.C.’s GDP in 2018.

Earlier this month, B.C. real estate brokers cancelled all open houses. When houses aren’t shown they become more difficult to sell, and when houses aren’t selling the broader market suffers. While the outlook doesn’t look good, it is

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