Real Estate Blog

3 Warning Signs Sellers Need To KnowJust like buyers can on the lookout for signs that a home isn’t all it’s promised to be, sellers should also know and be able to recognize the different signs that can show that an offer just isn’t worth the trouble it could bring. Accepting a bad offer can cause a homeowner to lose money, not move on time, or even worse, so it’s important to recognize the signs. Here are some of the most common red flags that sellers need to know and why they should raise flags when they show up.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. Small Earnest Money Offer

When a buyer makes an offer on a home, they also include what is known as an earnest money

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Red Flags for Home BuyersIt is all too easy to get wrapped up in the idea of buying an Upper Mount Royal home. Unfortunately, in the excitement buyers can ignore signs of one or more potential issues that may raise their heads down the road. This can be of particular importance to those new owners who may already be maxing out their budget with a purchase, and may not have the extra funds to address issues occurring right after becoming a homeowner. Use the following suggestions to know when to make an offer and when it is best to move on.

Too Good to Be True

A home that is listed below the average asking price when compared to recent comps may be a windfall or be cause for concern. Considering that a homeowner is not only buying a home but is generally going to reside

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Taking care of septic systems is good for the environment & the wallet.Many homes, particularly those in rural areas, still use septic systems to treat wastewater from the home. It's important to know the difference - especially if a home buyer is considering purchasing a home with a septic system. A septic system is a self-contained wastewater treatment system that uses microbes to break down material. Septic systems consist of four main components:

  • The Pipes from the home. This carries the wastewater out and away from the home.
  • The Tank. The septic tank holds the wastewater underground while it breaks down.
  • The Drain field. Partially treated wastewater is pushed down into the drain field as more wastewater enters the septic tank.
  • Soil. The soil performs the final cleaning of any remaining contaminants,
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Easy Home Office Ideas to Streamline Your WorkspaceThose who work from home or require a quiet space for computer-related endeavors will likely want to keep their home office zone separate from common living spaces. And when it comes time to sell a home, a home office is always an asset. So whether one decides to convert a spare bedroom or create a nook in a garage or attic space, here are some quick ways to create a home office that's cozy and functional.

Consider a Flexible Standing Desk

Working long hours from home often means many hours sitting in a chair, which can negatively impact health and result in soreness in the body. However, standing desks are all the rage in both traditional and home office spaces. By alternating between sitting and standing during the workday, some experience

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Tips for Understanding Mortgage Rates for Home BuyingMortgage rates are assigned to each homebuyer according to their financial history and the federal interest cap. And while it's impossible to do anything about the latter, Roxboro new home buyers may be able to save money on the former once they know how the rates are determined. Canadian real estate has inflated in the past decade, leaving lenders to come up with new ways to protect themselves from default without alienating their customers. See how everything from amortization formulas to credit scores factor into an interest rate.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Interest Is Key

In the first months of paying a loan, buyers are

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Debt-to-Income Ratio for Home BuyersThere are many things that a home buyer must take into consideration when they're trying to decide whether they're ready to buy a home, especially if it's a first home. Debt-to-income ratio (DTI) is one of those factors.

If you're thinking about buying a home sometime in the next several months, now is the time to find out what your debt-to-income ratio is, how it will impact your ability to buy a home, and what you can do to change your debt-to-income ratio (if it's too high). Understanding these matters can help you plan for the future, so you can position yourself to borrow money if you're planning to borrow a mortgage.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real

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Easy and Affordable Ways to Upgrade Home CabinetryThose not into that retro look but without a lot of money to spend on renovating an entire room may want to look into how small changes can improve the look of a space. When it comes to home cabinetry in high-traffic areas like the kitchen, it is relatively easy to make affordable upgrades to create a space that is more attractive and functional. Upgraded kitchens often help sell a home more quickly and for more money. Explore a few home cabinetry improvement projects today.

Homeowners Looking for ROI

Even though homeowners looking to get a high return on investment (ROI) often renovate their kitchens, average costs for a kitchen renovation can vary. The extent of the project, the quality of the materials, the size of the kitchen and when a home

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Building a Home AdditionInstead of buying a new home, many current homeowners consider adding an addition onto the existing home. There are a few factors to consider before constructing a home addition. In order to legally construct a home addition that meets specific needs, there are a few areas worth looking into, as not doing so may create safety hazards and make it harder to sell a home. Explore how to construct an addition that will meet necessary requirements and homeowner preferences.

Start a Wish List

Begin composing a list of all that is wanted, keeping in mind the problems to be solved or goals to be achieved. Some desires homeowners may have include increasing space in an area or having better space and access for entertaining. Ranking improvements in

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What to Do When You Can't Afford Home RepairsRegardless of the home's age or the quality of its craftsmanship, it will need repairs at some point. But not all homeowners take the same approach when it comes to repairs or maintenance. They may discount the importance of minor damage, or they may not have the money or the time to devote to it. When a homeowner can't keep to the ideal schedule, they can rely on remediation to reduce the consequences, whether it is a DIY project or one done by professionals. Here are a few tips to coming out ahead for homeowners to reduce the consequences.

Start Early

Remediation starts with understanding how a home operates on a daily basis. Homeowners don't have to take electrician or plumbing classes, but they should know the general configuration of their

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Should You Use a Professional Photographer When Selling Your HomeBefore listing luxury real estate for sale, many homeowners must decide whether they want to hire a professional photographer, take their own photographs or have their real estate agent take them. While getting professional photographs taken may seem like an extravagance, it's an extravagance that can pay off! Below are some of the many reasons that hiring a professional photographer might be a good idea for you.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Professional Photographers Know What Buyers Want

Many professional photographers know exactly what buyers want. This enables photographers to focus on these details when they're taking shots

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