Kamloops property for sale blog offers readers many great pieces of advice for first time buyers, investing in real estate and general article on buying or selling your home in Kamloops. Make sure that if you are looking to sell your house in Kamloops or just about to buy real estate then read some of these tips to help you in your real estate decisions. Why not bookmark or favorite the blog pages and pop in for the latest Kamloops market news.Is Lowball Offering a Legitimate Buying Strategy?
Posted by Steve Harmer on
Submitting a low offer is one thing, but getting the offer accepted is another thing altogether.
Vancouver agent Barry Magee explains the factors
A common topic among real estate buyers is whether or not they should offer a price that is much lower than the listed price. It's an interesting concept, but one that is not without its pitfalls. Submitting an offer is one thing, but getting the offer accepted is another thing altogether. Let's take a look at the different factors to consider:
1) Be Certain You Fully Understand Market Conditions
In a market like Vancouver and the Lower Mainland we are often faced with an inevitable reality – people really like living here. Sellers are more than aware of this, and are primed to take full advantage.
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Most purchase and sale agreements come in standard formats, with standard clauses, and are drafted by the builder or real estate board. There are generally spaces throughout the agreement for additional, customized clauses to be added.
You’ve had this feeling before. You’re not totally sure how things are supposed to happen. A million questions are bubbling on your lips. You know your goal, but you need some guidance on how to get from start to finish.
When the time comes to sell your home, you may be tempted to sell it yourself. There is only one reason for doing so, and that is saving on a real estate commission. Other motivation could be a personal challenge or learning experience, but basically the desire to save money is the main motivator. You may indeed save money, but on the other hand, the saving could be an expensive illusion.
Sparkling blue water, especially when it's lit up at night – what's not to love about a swimming pool in your backyard? If you have one, you may feel blessed. If you don't, and are considering adding one, hang on a minute.
The Canadian Real Estate Association has updated its forecast for 2016, with two provinces expected to lead the way.
Two out of three adult Canadians do not have a will. One out of four Canadians will die suddenly. You can’t take the risk that the Canada Revenue Agency or your provincial government will end up with your money because of poor tax planning and lack of a will. However, there are some classic pitfalls to avoid when preparing your will and doing your estate planning.
Spring is the busiest selling season when it comes to real estate and the latest headlines show that even with the significantly lower price of oil, homes in Toronto and Vancouver are selling like hotcakes. (Real estate in other cities across Canada have already experienced a cooling market, prompting confirmation of the predicted soft landing I discussed back in December.)