Kamloops Property For Sale Real Estate Blog

Kamloops open HouseGuest Article written for Kamloops Property For Sale by Suzie Wilson of Happier Home. Click the link to explore her tips on making your home a happy home and learn about her new book Ultimate Guide to Prepping Your Home for an Open House.

When you’re trying to sell your home, you want to showcase all that makes it a great place to live.

When you’re having an open house, you have to make it shine so that visitors can get an idea of how they would live in the home. Basically, your lived-in home has to look as good as a photo in a magazine. That’s no small feat!

To get ready, you’ve got to spend a little time, a little money and a lot of elbow grease. But don’t worry, none of it is impossible. You can do most, if not all, of it yourself.

Start

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Kamloops investment popertyNew research forecasts which cities will outperform the rest of the province's markets, despite recent dramatic value increases

A new report released today shows Surrey, the second largest city in B.C. and the fastest growing, has the diversity and strength required to lead the province in real estate investment potential. The Top 10 Towns and Cities – British Columbia report helps home-buyers and sellers decide whether now is a good time to buy, or sell, a property.

 

The Real Estate Investment Network (REIN) is an independent research and analysis firm that has been producing reports on housing markets across Canada for 25 years and has earned its reputation as a dependable source in providing unbiased research and analysis.

Studying 36

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Kamloops Real EstateBC Assessment notices arrive in the mail, giving some homeowners a big smile and a bit more spring in their step (increased property taxes aside), while others wilt and lament at a modest gain or decrease in assessed value. Do these numbers make you more interested in selling your home?

Wait a sec. Neither this assessment document, nor either parties’ emotions, are tied to a current true market value. In fact, provincial property assessments can be significantly too high or too low. Values are determined in July of the previous year, and properties are rarely visited in person by provincial appraisers.

For this reason, provincial property assessments should never be solely relied upon as any sort of relevant indicator of true market value for the

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Kamloops SeniorsGuest article written by Karen Weeks from www.elderwellness.net

Aging in community is a popular way for seniors to focus on their health by staying active and social, but what exactly is it?

The definition can vary from person to person, but generally it simply means living at home or in a senior community that isn’t assisted by nurses or other caregivers. For many seniors, this is a big deal, as it means that they can continue to make decisions for themselves and live life on their own terms.

“As a matter of fact, a growing number of baby boomers are turning to shared living as an aging in place housing option. A 2014 AARP analysis of census data found approximately 132,000 households and 490,000 women over the age of 50 living with non-romantic

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BC real estate newsFact or fiction in BC Real Estate.

The industry has been booming for well a while now. Low inventory has created bidding wars and fixer-uppers in some major cities are hitting seven figures. So how do you keep your head amid the frenzy? How can you wade through all the clutter and the chatter to suss out the info you need to make wise decisions?

How to interview your Realtor CLICK HERE

Well, you always have us in your back pocket. In the meantime lets look at some of the common misconceptions that we have all heard in real estate transactions.

Kamloops Real Estate#1: Question: Real estate contracts are standardized so just sign the paperwork and work out the details later.

Answer. Not on your life,. Each real estate contract is as unique as the pink and black

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Kamloops Credit reportWe have collected information from both of the consumer reporting agencies (credit bureaus), as well as our own research to provide a full picture on credit files and credit scores, including those little known “insider” secrets.

If you are looking to buy a home soon then make sure you know your credit score and how to improve or question the details that are held on file.

What information is kept in my credit file?

Your credit file contains information on all of your credit accounts submitted to the credit bureaus, including balances, limits, payment history, etc, as well as identification information such as your name, address, age, social insurance number, marital status, spouse’s name and age, number of dependents, occupation, and employment

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Kamloops seniors livin at homeEighty-eight percent of people 65 and older wish to age in place, according to an AARP survey.

For many people, this will involve staying in the home in which they have been living for many years. For others, it may be necessary to move into a new senior-ready home. Either way, this will probably involve some work as you strive to create an environment that allows you to live comfortably and independently.

Buying vs. Renovating

Many people’s current house may not be ideally suited to their needs as a senior citizen. Some people may live in old family homes that have become too large for their needs, while some have layouts that are not designed for the comfort of elderly people. For instance, according to Forbes, 60 percent of homes occupied by

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Fact or fictionYou will often here real estate agents say your first offer is usually your best offer.  Now is this really a cliche or is it fact?

As a real estate agent, I can tell you this statement is mostly true.  It is not just a cliche and I am going to go into why “your first offer is usually your best offer” is often correct.

All to often sellers will be very adamant when a listing first comes on the market.  Activity is good and the home seller is feeling confident. Go back to when your agent gave you pricing on your home.  A real estate agent will give a range a home is worth.  It is just human nature that a home seller only remembers the high side of the range and automatically lists at that price or even a little higher. 

In no way I am suggesting

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Sellers or buyers market in kamloopsWhether you are thinking of buying or selling a home in Kamloops, understanding the current market is crucial.

You need to know if you’re in a buyers’ market or a sellers’ market because that’s going to affect how your property is marketed and how much money you’re going to get for your home. If you understand the market, that will tell you what your home is worth and what you can expect if you’re a seller. If you’re a buyer, it is going to tell you what the appropriately priced offer on the property would be.

If you are looking to sell or buy in Kamloops then why not have a read and see our tips or buyers and sellers

Currently in Kamloops (July 2018) we are in a seller’s market. In a seller’s market, you’re much better off listing your property

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Kamloops Real EstateThe housing market is crazy and out of balance right now.

It’s 2018 and interest rates are still low, home values are up, but something is lacking. It’s SELLERS! Inventory is down from this time last year, and we were thin on inventory at that time. What does this all mean? It means that we are seeing homes sell the first day they are on the market, with multiple offers, and with many offers over asking price. It is tough sledding for buyers right now. This makes for a hard time for people moving with their job to Kamloops and are forced to maybe overpay or cannot find a great home. So even with the new rules and regulations in the real estate market you can still get ahead of the game by following these tips....

There are always some steps you can

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