Tag: first home
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WHAT IS MY HOME WORTH?
There are 3 different ways to determine the current value of your home: Assessed Value; Market Value; and Appraised Value. And they do not all mean the the same thing: assessed value is not the same as market value or appraised value. The assessed value of a home is used to determine the property taxes…
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ESCAPE CLAUSE
In the current real estate market, we are definitely seeing many more conditional offers being accepted than last year; and one of the types of conditional sales I have started to see more of, are sales which are conditional with an escape clause. So, what is this, you ask? Well, it’s a clause that allows…
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WHAT IS A FINAL WALK THROUGH?
The last visit before you take possession of your new home, is called your final walk through. This is the last time you get to make sure the home is in the condition it’s supposed to be in, before it officially becomes yours, so take it seriously!! What do you look for in the final walkthrough? Usually…
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WHAT IS A BUYER RE-VISIT?
It is literally just that: Another visit through the home you just purchased. I usually work 2 to 3 of these into a deal for my clients, one for a first visit, and the second for a final walk through a few days before closing. And a third if it’s a long closing. Lets just focus on the…
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BUYING YOUR FIRST HOME
Being able to buy your first home is an incredible feeling!! It can, however, also feel a little scary. Nonetheless, it is one of the best long term investments you can make. Whether you are considering a house, a condo, pre-construction or resale, there are a few things you should keep in mind when you are ready to start the search. COSTS: There…
HOME AND LIVING 