A new survey was conducted by Pfizer Canada that asked real estate brokers and agents in the province of Ontario about the price changes that could occur due to an owner smoking in their home. The survey showed that smoking could reduce a property's value by up to 29%. It's important to note, however, that Pfizer Canada is a pharmaceutical company that promotes a medication to help smokers quit the habit!
How Smoke Smell Affects Home Resale Value
During the course of the study it was found that 401 brokers and agents agreed that smoking does make selling a home more difficult when compared to one that is smoke-free. More than half of the professionals surveyed, 56% of them, said that the buyers they work with are less likely to buy a home where
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The fastest way to find buyers when selling your home is by figuring out who would want it. There are target markets for anything that is being sold in today's society and the same is true for real estate. When you find your target market and connect with them you will have more interested buyers because they want what you have to offer.
Land surveys are prepared for residential homes and show you exactly where your home is sitting and any renovations and improvements that have been made to the exterior of the property. Some things that may show up on a survey report may include additional decks, pools, driveways and buildings that have been added. This is a legally binding document that can be called upon by the local municipality, mortgage company or the bank and its helpful when any real estate transfer is taking place.
Selling a home requires a lot of documentation. From the title to the home to rental agreements currently in place, documentation helps protect sellers as well as buyers. Knowing what to expect and what documents need to be produced during the home selling process can help keep the sale process going smoothly. This article will discuss some of the various documents that home sellers often need to sell their property.
You'll see them all over the streets attached to light posts and you'll also find these ads running on online classified sites. "We Buy Houses - Sell Your House Today!" signs with the phone number attached can be quite deceiving. It's tempting to call to find out how much you could get paid for your home in order to get instant money. It's hard to get a direct answer upfront though and when you finally get a quote you'll be quite surprised.
Recently, a home in Calgary went on the market that had a dark past associated with it. The home is the one where multiple murders occurred this year. Across Canada every year, many homes get listed where violent attacks have occurred. In the industry, these homes are referred to as "stigmatized properties".
This is quite a loaded question that can receive a lot of different answers depending on who you're talking to. The average time that's being quoted as a generality is five years, but there can be a lot of different determining factors that will lead you to the ultimate decision to start looking for an upgrade.
When you're looking through listings of homes for sale you may see a few mentioning that the owner is highly motivated to sell. There are quite a few reasons why a home may need to be sold quickly, and here are the top seven reasons sellers come to this decision.
Professional photography has advanced to new levels. While not suitable for all listings, drone technology has been used to successfully sell homes. Canadian residents may want to investigate this new technology and work with a reputable agent who can include this type of imagery as part of their overall marketing plan. Explore how drone technology may be the ticket to increase the offer price on available properties.
Personal financial difficulties that result in missed mortgage payments are serious, leading to loan default and possible home foreclosure. Working with a lender to accept a short sale, an amount that is less than the actual mortgage balance, can be a way out of an unpleasant situation, but there are things to know before exploring and proceeding down that path.