Found 54 blog entries tagged as sellers.

You're ready to sell your Edmonton home. Maybe it's a property you loved, maybe it's been a rental, or maybe you're finally upgrading. Whatever the reason, one thing remains critical: what you disclose to potential buyers can make or break the sale—and your legal safety.

What Is Disclosure?

Disclosure means revealing known material facts about your property. This includes things like water damage, foundation issues, renovations without permits, prior insurance claims, or anything that could affect the property's value or safety.

In Alberta, while it's technically a "buyer beware" province, sellers are still obligated to disclose known latent defects—issues that aren't visible or discoverable during a regular home inspection. If you knowingly…

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Closing Costs in British Columbia

Closing costs in British Columbia typically include several expenses that home buyers need to pay at the end of the real estate transaction. Some common closing costs in British Columbia may include:

PROPERTY TRANSFER TAX:
This tax is calculated based on the property's purchase price and must be paid when the property title is transferred. 

LEGAL FEES:
You will need to hire a real estate lawyer or notary to handle the closing process, including title searches, document preparation, and transferring funds.

HOME INSPECTION:
It is recommended to have a home inspection conducted before finalizing the purchase to uncover any potential issues with the property.

APPRAISAL FEES:
Your lender may require a…

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One aspect that cannot be overlooked when selling your home, is the importance of creating a lasting and positive first impression when potential buyers step through the door. In today's competitive real estate market, where buyers are more discerning and demanding than ever, a good first impression can make all the difference.

Once you have priced your home appropriately and generated enough interest to bring in a steady stream of showings, it's crucial to ensure that your property lives up to the expectations set by the online listing. The photos and virtual tours may have attracted buyers, but it's the in-person experience that will truly seal the deal. Your home needs to be fresh, clean, and resemble a showhome as closely as possible. 

Imagine…

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As a real estate expert, I have seen many sellers make the mistake of focusing solely on price when it comes to accepting offers on their homes. While price is certainly an important factor, there are other considerations that can have a significant impact on the deal, such as possession dates and conditions. If you are selling your home, it is important to look beyond just the price and consider the terms and conditions of the offer as well. For example, an offer that is lower than your asking price, but has a quick closing period and no contingencies, may be more attractive than a higher offer with a longer closing period and multiple contingencies. It all depends on your needs as a seller and the contribution of the buyers. 

By working with me as…

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When it comes to buying a home, sometimes potential buyers make lowball offers on real estate home listings in hopes of snagging a deal. However, while lowball offers may seem like a smart move, they rarely work, and can actually be detrimental to everyone involved in the real estate transaction. In this blog, we'll explore the reasons why lowball offers don't work, why they can be offensive to sellers, and why they demonstrate a lack of confidence in the real estate market.

First, let's define what a lowball offer is. A lowball offer is an offer made on a property that is significantly lower than the asking price or the market value of the property. For example, if a potential buyer offers 15% below list price or lower, that would be considered a…

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When you think about selling your property, do you dwell on the possible work and stress involved? You're not alone. Many homeowners share the same concerns.

But it doesn't have to be that way.

In fact, there are plenty of ways to add some fun, anticipation, and even a sense of adventure to the selling process. Here are just a few ideas:

  1.     Plan fun things to do when your home is being shown. That can include walks, sports activities, or trying something you and your family have never done before.
  2.     Declutter for your own benefit. Instead of thinking about decluttering as a chore required for the sale, focus instead on how much more comfortable your home will be after decluttering. Studies consistently show that less clutter…

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Places Buyers Look When Viewing your Home

You might be surprised to know which spaces in a home most buyers look at when viewing a property. If you’re preparing your home for sale, make sure to consider the following places that are likely to be checked out:

1) Inside closets. Buyers want to get a sense of the size and capacity of all your closets. Make sure they’re clean and well organized. Avoid the “overstuffed” look.

2) Basement. Do you think buyers will stick to the main room of your basement? Think again. Some interested buyers will also check out the furnace room, cold room, electrical box, and even crawl spaces.

3) Under the sinks. Buyers will definitely look under the kitchen sink. You can expect some buyers to open the doors of bathroom vanities as well. Make sure…

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What is it about your property that stands out? What will buyers like most about it? What are the most enticing features if your home?

 

Answering those questions will help you determine which features to emphasize when selling your home. After all, you want buyers to notice and appreciate your property’s best characteristics.

 

But here’s the challenge...

 

It can be difficult to determine which features of your home are particularly desirable to buyers. You live there! So, there might be a fantastic characteristic of your property that you’ve gotten used to. You might not even realize its true value.

 

One way to gain perspective is to ask friends, “What is it about our home that you like most? What stands out to you?”…

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Tips for Organizing Paperwork - Complete Shredding Solutions

 

Imagine you’re viewing a home for sale. You venture to the basement, check out the furnace room, and notice the water heater. Is it owned or rented? As a potential buyer, you’d want to know. 

Now imagine a property you’re viewing has a brand-new gas fireplace. Nice! Is it under warranty? Is that warranty transferrable to you if you buy the home? Again, you’d want to know.

So, when you’re selling, it’s important to pull together all the necessary records you will need in order to answer these types of buyer questions. After all, if a particular warranty transfers to the new owner, that’s a selling point.

Take the time to find receipts, warranty certificates, and other documents related to:

 

  •          Renovations (such as a…

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