A broker is an individual or party (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent—one who acts...
In attempting to identify bubbles before they burst, economists have developed a number of financial ratios and economic indicators that can be used to evaluate whether homes in a given area are fairly valued. By comparing current levels to previous levels that have proven unsustainable in the past (i.e....
As a first-time buyer, there is much to consider. Here we have a look at some of the factors that may influence your decision, including: good school systems, tax breaks, reasonable housing, reasonable living costs and low crime rates. Good Schools Buying a house in an area that has...
It’s important to be realistic about what you can afford. The final sale price isn’t the only cost to take into account when owning a home. Houses come with plenty of bills like heating and property taxes, future renovations and occasional unforeseen costs like burst pipes or city trees...
Sometimes one of the selling points a seller gives me about their home is “the neighbours are great.” It’s something that many of us take for granted and don’t pay attention to when we buy a home. It most definitely can blight the enjoyment of your home when you...
Don’t be afraid of multiple offers. You still have some control. There are a few things that can happen if you get into competition. The seller can accept your offer and you will have bought a house. Or the seller can accept someone else’s offer and you need to...
[trx_audio url=”http://96.127.170.232/~westerlyhomes/wp-content/uploads/2015/02/laura.mp3″ controls=”show” autoplay=”off” width=”100%” title=”Insert Audio Title Here” author=”Lily hunter” bottom=”30″] Termites are tiny wood-boring insects that are extremely destructive to homes and other buildings. They have been around since the beginning of time because they are adaptable to ever-changing environments. The most common type found, subterranean termites,...
[trx_video url=”https://vimeo.com/17882714″ autoplay=”off” bottom=”30″] Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states she or he will accept for a good. The seller may qualify the stated asking price as firm or negotiable. Firm means the seller is saying he...
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