Home Shopping And The Four-Legged Stool

What kind of stool is most likely to keep you from toppling over when you sit on it? Of course, two-legged stools won’t even stand on their own. Three-legged stools are okay, but still unstable. Four-legged stools are rock solid.

What does that have to do with shopping for a new home?

Well, if you want to find the right home quickly and for the best price, you need to have four things in place – the four legs of the stool. They will help ensure the experience goes smoothly.

The first leg is your wish list. You need to have a clear picture of the type of home you want. A bungalow or two stories? How many bedrooms? A large deck? Don’t forget about the neighbourhood. Need to be close to major highways for ease of commuting? Need good schools and playgrounds within walking distance?

The second leg is a pre-approved mortgage. Getting the financing handled upfront takes the guesswork out of what you can afford. Sellers and their REALTORS® are more likely to take any offers you make more seriously too.

The third leg is realistic expectations. Of homes that sell, 99% sell at or near their current market values. That doesn’t mean you can’t find a good deal. It does mean you’re unlikely to find a “steal”. Fortunately, there are likely several wonderful properties available within your price range.

The final leg of the stool is a great REALTOR®. Choosing the right real estate professional is crucial to making your home shopping experience less stressful and more productive.

So when you’re hunting for a new home, make sure you start with a stable “four-legged stool”. It will dramatically increase your chances of finding a home that fits your needs and budget.

Need help with that? Looking for a good REALTOR®?

Call Marina 416-843-1515 today.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.comCondos and Houses for rent
CondoName.comNew and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

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Is Your Home Market Ready?

Putting your home on the market may be the last thing you have on your mind.

But as you know, life happens. Things change. You might unexpectedly find yourself in the position of wanting or having to quickly sell your home.

It happens more often than you might think. In fact, according to studies into why people sell their homes, more than a third are due to relatively quick and unexpected changes. Something happens – a job relocation, a lifestyle change – and the homeowner finds him or herself making a move.

In these situations, the biggest source of stress is caused by the need to prepare the current home for sale.

If you’ve lived in your house for a few years, or even just a few months, you know how quickly things can pile up. The garage and basement get filled with stored items. Things needing minor repairs get put on hold.

That’s why it’s a good idea, every so often, to inspect your property and ask yourself, “If I had to put my home on the market this month, what would I need to do?” Then plan to get those things done. That way, if you suddenly find yourself wanting to sell your home quickly and for the best price, you’ll be ready.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.comCondos and Houses for rent
CondoName.comNew and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Your Property Is The Product

They say, “Home is where the heart is.” How true! That’s why, when selling your property, it’s important to realize that your home – your heart — is moving to another place. Your current property is now a product that you want to sell quickly, and for the best price possible.

Making that mental transition, however, isn’t easy. After all, you probably have at least one fond memory associated with every room in your house! Here’s a tip: Pack up the personal items, such as pictures and trophies. Rearrange the furniture. Make it look like someone else’s home.

When you let go of your emotional attachment to your property, you’ll be able to be more objective when preparing it for sale.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.comCondos and Houses for rent
CondoName.comNew and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

How Much Can You Really Afford?

“Can we afford it?” That’s the first thought that comes to mind when shopping for your next dream home. Fortunately it’s an easy question to answer if you consider your lifestyle, financial goals, expenses and mortgage eligibility.

Lifestyle

There’s more to life than just paying the mortgage and other living expenses. Hobbies, entertainment, vacations, family adventures, and charitable causes are also important. Don’t be house poor. Think of your “lifestyle” as another bill you must pay — to yourself.

Financial Goals

Your new home is not just a place to live. It’s also an investment. Make sure it fits with your overall investment plan, which may also include retirement savings, education funds, emergency cash, and more.

House Expenses

The mortgage isn’t your only home expense. You must also calculate insurance, utilities, taxes, maintenance and other costs.

Amenities, such as a pool, can turn your home into an oasis. But, you must be prepared for the upkeep costs.

If you’re buying an older home, expect repair and maintenance costs to be higher.

Mortgage Eligibility

Your mortgage eligibility is determined by your current income, debt level, employment history, and credit rating. Lenders use this information combined with estimates of your new home property taxes and heating/cooling expenses to determine the largest mortgage they can offer you.

Home affordability is like a jigsaw puzzle. You need to put all the pieces together to get a clear picture of how much home you can afford.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.comCondos and Houses for rent
CondoName.comNew and Resale Condos and Towns from Developers

Reposted from http://www.marina.realtor/ixact-how-much-can-you-really-afford/

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Putting The Fun Back Into Moving Day

Moving into a new home should be an exciting experience. But, unfortunately, that’s not typically the case. In fact, moving day is traditionally fraught with such misery that there is even a reality TV show about it!


Your real estate agent can help. He or she can assist you in finding the right movers, provide you with relocation tips, recommend contractors and other home professionals, and advise you on what to expect on closing day.

Some agents disappear after the deal is done. Make sure your agent is available to help make the transition into your new home a pleasant one.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.comCondos and Houses for rent
CondoName.comNew and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Day 6, Selling a House – Lets Check the Competition in the Area – Long Branch

When you are getting your home ready for sale, you'd beeter keep your eyes open for all of the competition in the area. The very worst you could do with your listing – overprice it and scare away all the potential buyers. So, what does the real estate situation look like in Long Branch?

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