Selling a home often involves presenting the property in its best condition. However, sellers also have obligations to potential buyers. In order to minimize future liability, sellers should confirm that they have given buyers a full picture of the home's condition. Some rules are based on the city or province. Others are more closely related to convention. With this information, sellers will understand how they can provide buyers with useful and accurate data about the property.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
1. Unknown vs. Known Faults
The information that a seller gives to a buyer is primarily a matter of liability. Sellers are
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If you are selling your home you may have considered using seller financing to get it sold quickly. By seller financing we mean lending money to the person that is buying your home and acting as a financial institution for them. Contracts can be made up that allow you to loan the money to the buyer and then collect the interest from it.
Whether you're a first-time home buyer or an old pro, it's helpful and important to research the real estate market before buying a home. Knowing what kind of homes are available and what to expect from the buying experience can help you be prepared. These tips can help.
Many home-sellers make some very common mistakes that can cost them time and money. When it's time to sell your home, you want to make sure you don't make any of the following common selling mistakes.
Getting a home ready for sale requires a lot of care, but even more so in a buyer's market. Wondering how to sell a house fast in a slow market? When sellers take advantage of the information below, they will know how to help their homes stand out from others in the neighbourhood.
It may be time to take a listing to the next dimension. Static images are a common way to market a property but cannot provide the type of experience that comes with virtual reality. Virtual reality is here and can be a useful tool in depicting features of an available home in emails and online. Learn more about how virtual reality is being used to help sell homes faster and possibly for more money.
Something that a lot of people don't take into account when they are selling their homes is their children's safety. You are going to be having a lot of strangers walking through your home in the next few weeks or months and your children's safety should always be a top concern.
While a lot of young buyers are looking for new modern homes, there are still many that are looking for the unique characteristics that can only be found in an older home. In order to make your home more appealing to the younger crowd, here are some great suggestions that can certainly help you out.
It’s no secret that when it comes to selling a home that the homeowner needs to ensure that every listing they post has high quality photos so buyers have an accurate representation of what they’re seeing. The classic way of doing this is just for the seller to take photos themselves or hire a professional photographer to do it for them. However, with improving technology comes a new way of taking photos: using drones. Here are some of the different ways drones can be used and why using them can be helpful when selling a home.
Selling a house in a slow real estate market can be difficult. In times like these, it's not enough to simply list your home and wait; you actually have to sell your home. No one really wants to sell anything when the market is bad, however, it's not impossible to sell your house in these conditions. It just takes a positive attitude and a different kind of game plan.