Trying To Find A Bargain Home

You’ve heard the story. Someone finds a home on the market that seems underpriced, grabs it, and subsequently discovers it’s worth tens of thousands of dollars more than the selling price.

What a bargain!

The truth is, bargains like that rarely happen.

Most properties sell for somewhere close to their market value. That’s why you need to find the perfect home for you, in the right neighbourhood, with a list price that is within your affordability range, and then buy that property for the lowest price your REALTOR® can negotiate.

When you shop for the right property at the right price, you have a good chance of finding and buying your dream home.

But if you go into the market with a plan to find a bargain, you risk overlooking those homes that might otherwise be great opportunities for you. Why? Because your price expectations will probably be a lot lower than the actual market prices.

The good news is that an experienced REALTOR® can help you find a home that’s perfect for you in every way: type, features, neighbourhood — and price.

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
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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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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

It’s All About Personal Service

In Real Estate, it’s understood that personalized service really makes a difference.

That’s why you are entitled to expect value-added, cost-free information and advice on real estate subjects that interest you. Here are a few examples of topics you might find worthwhile:

  • Financial and market trends
  • Neighbourhood property activity
  • Renovations and décor ideas
  • Taxation and other municipal issues

If you want to be kept “up to speed” on a particular real estate issue, just call to make an appointment to set up a monitoring program that’s right for you. Here’s how it works:

  • You define the issues that are most meaningful to you.
  • We discuss the best approach to address your questions and concerns, and determine the most appropriate method of reporting.
  • We review your options on a regular or “as needed” basis, and you determine the information and response method you prefer.

Simply put, if you express personal interest in the Real Estate market, you deserve to receive the information that is most valuable to you.

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

How To Sell Your Home More Quickly

When you put your property on the market, ideally you want to sell it as quickly as possible and for the highest price possible. But sometimes one is more important than the other. For example, if you’re relocating, or have purchased another home that is closing soon, selling your current property quickly may be a priority.


Do you have to sacrifice price to do that? Not necessarily. But there are some things you can do to help get a good offer, sooner.

Price your property competitively. Make sure your home is not listed higher than the price for which similar properties have recently sold in your neighbourhood.

Make it look “move-in ready”. Take care of all repairs and other maintenance issues before you list. Ensure your property is clean and uncluttered, inside and out.

Be flexible with viewing times. Be willing to take your family out for a coffee or an ice cream should a potential buyer want to see your home on short notice.

Want more tips on how to sell your home quickly? Call Marin 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

Should You List Your Home for a High Price?

If you plan on putting your property on the market, it can be tempting to list it for a very high price in the hope that some buyer will say “yes”. But that rarely happens.


In fact, it is more likely that your property will sit on the market for a long time with no takers, and home buyers and their agents will quickly lose interest in even seeing it.

The fastest way to sell your property for the highest price possible is by listing it as close to its fair market value as possible. That’s the price similar homes in your area have sold for recently.

The good news is that the fair market value of your home may be higher than you think. So if you’re considering making a move within the next few months, ask a good Realtor® to drop by and do an informal appraisal. That will give you a clearer idea of what your property will sell for in today’s market. For more information – call Marina 416-843-1515.

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-should-you-list-your-home-for-a-high-price/

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

This Home Won’t Sell – Lets Raise the Price!

My broker of record always says: "Price the home right, tell the world about it and it will sell. If the house has no roof – price it right – someone will buy it and put a roof on". There are many pricing strategies around, some of them are: "set a high price – reduce later", "set a super low price and stage for multiple offers". At the end of the day, Realtor is to sell the home as fast as possible with the highest possible price. Right? WRONG! I recently came across a brand new pricing strategy and I am still trying to figure out what good would it do to the home owner and reputation of both the house and Realtor involved.

Overpriced Home

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Grow House Anyone? Help yourself – there is plenty around!

I just cant stress enough the importance of research and market evaluation for the buyer clients. For some reason, when selling, people want to know the value of their home, but when buying, they are not doing this extra step (or shall I say not being led by their real estate agent to make this extra step?) I just came across this wonderful example in Mississauga, ON and all I can do is wonder: HOW????

marijuana-1

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