Pros and Cons to Buying a New vs. Resale Condo

By 179479 on Friday, July 6th, 2018 in Uncategorized. No Comments

Pros and Cons to Buying a New vs. Resale Condo

 

There are significant differences between buying a new condominium and a previously owned (resale) unit. When deciding whether to purchase a new or resale condo, it is wise to consider the advantages and disadvantages of each.

Some Pros of Buying a New Condo:

  • You can often get a lower purchase price (depending upon market conditions). Lower price points are often offered in the initial sales stages to get the project ‘up and running’.
  • If you buy early enough, you can get a better selection of units and location within the building.
  • You can get a broader range of upgrades (at agreed upon additional costs).
  • Condo fees are generally lower compared to buildings that are 5+ years old.
  • You’ll most likely get new home warranty protection.

Some Cons of Buying a New Condo:

  • If show suites are not available, you cannot see what you are buying and must rely on sketches and floor plans.
  • Your initial deposit will be tied up for the duration of construction.
  • You will most likely end up paying GST, which is often built into the purchase price.
  • Construction of your unit may be delayed from the original projected date.
  • You may move into your unit while construction continues in others, which can be noisy, dusty, and disruptive.

Some Pros of Buying a Resale Condo:

  • You get what you see, for the most part anyway.
  • There are no lengthy waiting periods before you can move in unless already agreed upon in writing.
  • Deposits are typically much lower for resale purchases.
  • You can check out the community in advance to see how well the corporation is run, and if other owners/occupants are agreeable with your needs and lifestyle.
  • Landscaping and grounds areas are complete and likely more mature.

Some Cons of Buying a Resale Condo:

  • You have fewer unit options to choose from within the building.
  • Older resale condominiums may require more maintenance and repair than new ones.
  • The amenities that you may find desirable (for example, a workout room, whirlpool, security features) may not be available.
  • Older resale units may not be as energy-efficient as newer units.
  • Major repairs may be coming due that could require a special assessment to the unit owners if the reserve fund is underfunded.

Still not sure if condo ownership is right for you? Or are you planning to buy or sell a property? Contact us today! We’d be happy to answer all your questions, and when you’re ready, get to work for you!

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com.

 

Referenced from https://www.cmhc-schl.gc.ca/en/buying/condominium-buyers-guide/chapter-4-buying-a-condominium


Pros and Cons to Condo Ownership

By 179479 on Thursday, June 28th, 2018 in Uncategorized. No Comments

 

Pros and Cons to Condo Ownership

 

Condominium living can be an appealing housing option. It’s often more affordable and easier to care for as someone else handles maintenance and repairs, such as shovelling snow and replacing the roof. Many condominiums have enhanced security features over those found in single-family homes and offer a wide range of social, entertainment and recreational activities.

Wondering whether or not condominium living really is the right choice for you? Like most types of housing, condominiums have their advantages and disadvantages. Carefully consider all of these pros and cons when deciding whether or not a condo fits with your personality, lifestyle and finances.

 

Pros:

  • You have fewer maintenance and repair responsibilities.
  • You have access to on-site amenities such as a games, party, exercise and guest room. Some larger buildings may even offer a swimming pool, hot tub or sauna.
  • You will likely have enhanced security features in your building.
  • You’ll have peace of mind while you’re on vacation knowing your neighbours are close by.
  • You get to contribute feedback to condominium decisions. As an owner you have voting rights and can be elected to the board of directors.
  • You have a community that may offer a range of social and recreational activities, often geared to a specific lifestyle. The biggest example of this is found in age restricted buildings.
  • A simplified lifestyle and possible lower costs could allow you to do more of the things you love.

 

Cons:

  • You may not be able to decide when maintenance and repairs get done.
  • You may have to pay for amenities, whether you use them or not.
  • You may experience less privacy, space, and possibly more noise.
  • There is often limited visitor parking available for guests.
  • If a unit upstairs has a water leak, your unit may experience water damage too.
  • Though rare, it is still possible a special assessment can be charged for unexpected repairs.
  • You may experience a higher rental population which could affect care and attention to the building.
  • Some condos have restrictions on things like noise, parking, pets, balcony décor, smoking etc.

 

Still not sure what type of home ownership is right for you? Contact us. We’d be happy to answer any questions you have. Also, if you’re planning to buy or sell a property, call us today! We’d love to work with you. It is always our highest honour to serve you!

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com.

 

Adapted from https://www.cmhc-schl.gc.ca/en/buying/condominium-buyers-guide/chapter-3-the-pros-and-cons-of-condominium-ownership


Delayed Dreams of Home Ownership for Millennials

By 179479 on Thursday, June 21st, 2018 in Uncategorized. No Comments

Delayed Dreams of Home Ownership for Millennials

Millennials are considered to be within the age range of 22 and 37 years old in 2018. More millennials today are renting for longer or lengthening their stay with family while trying to save a property down payment our harder to afford housing market.

As of January 1, 2018, new mortgage rules subject buyers to stricter qualifying criteria, known as a ‘stress test’. The stress test determines if a homebuyer could still afford their principal and interest payments should interest rates increase. This stress test uses either the 5-yr benchmark rate published by the bank of Canada or the customer’s mortgage interest rate plus 2%, whichever is higher. *

We’ve seen the new mortgage rules greatly affect buyer’s ability to qualify for a mortgage, even if they can safely afford the monthly payment based on today’s interest rates. The stress test has forced buyers into a lower price range or out of the market completely.

With that said, what can you do to increase your down payment savings?

Budget! If you don’t tell your money where to go, you will have no clue where it went. Saving money is more successfully done when you have and stick to your budget. For two great online budget resources Google Gail Vaz-Oxlade budget worksheet, or Dave Ramsey budget tool.

Rent a room. Instead of having an entire place to yourself, consider renting a room or a basement suite to save as much as possible every month. With your landlord’s approval you could bring in a new roommate to help share the living expenses. Whatever money you save or collect, set it immediately aside into a house savings account.

Sell or downsize your vehicle. Vehicle ownership is costly! When you add up your monthly payment, insurance, fuel, maintenance etc. most are spending between $500-$1000 every single month. How much could you save each month by downsizing your vehicle? How much would you save if you took the transit, biked, walked, hired an Uber or rented a car when needed? If you and your partner have 2 cars, could you consider getting rid of one?

Live for less. If you buy books, try the library. If you watch TV, drop your cable and reduce movies to Netflix. If you eat out a lot, look for cheaper alternatives or eat at home more. If you buy a lot of clothes, buy gently used or set up a clothing swap. With a clothing swap, gather friends having them all bring gently used clothing. For every piece of clothing they bring, they receive a ticket that allows them to take other articles of clothing for free. Take advantage of free community events. Use Kijiji or BuyNSell groups for anything and everything.

Borrow from your RRSP. If you already have RRSPs, you can withdraw up to $25,000 ($50,000 per couple) to buy your first home. As long as your RRSP withdrawal is paid back within 15 years (every year contribute at least 1/15 back) it is not taxable. Speak with your financial planner for more.

These steps take time, however when executed diligently you will find yourself in a stronger homeownership position in far less time. We know you can do it!

If you’re considering buying or selling a home, be sure to give us a call! It is always our highest honour to serve you!

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com.

 

*Referenced: https://www.td.com/ca/en/personal-banking/products/mortgages/new-mortgage-rules/

 

 


What you need to know about home insurance – Part 2

By 179479 on Thursday, June 14th, 2018 in Uncategorized. No Comments

What you need to know about home insurance – Part 2

 

Welcome to part 2 of our insurance interview with our friend and insurance agent Kim Demchuk with Allstate Insurance.

 

Your homeowner’s policy is one of the most important pieces of insurance that you can purchase. The purpose of insurance to put the homeowner back in the same position prior to a loss, it provides coverage for sudden and accidental losses. Insurance is not a warrantee or maintenance package as it does not provide coverage for wear and tear or a maintenance issue.

 

As an Allstate Insurance Agent Kim encourages her customers to review the packages that may be available but recommend the All Risk, also known as Comprehensive coverage. By purchasing an All Risk package, you are provided with a package that is well rounded and provides for the unexpected. The policy is set up to cover you for everything which is why it is named “All Perils” with a list of exclusions where coverage is not provided and usually not available in the industry. Coverage that you would not have considered will be provided under this type of policy such as Ice Damning, Accidental Damage and mysterious disappearance.

 

A named perils policy provides basic coverage for only a limited listed of items – so essentially if you don’t find it on the list it is not covered. Perils such as theft can be very restricted where there must be visible signs of break and entry.

 

There are also special limits on certain items within a home policy. This may include jewelry, money, a collection and much more.

 

Insurance coverage will vary by Insurance carrier so we encourage you contact your agent to complete an annual review to ensure that your home is insured to the correct value, that you are getting all of the discounts available and that you have the proper insurance package. Ask your agent to review your home package – is it the All Risk Package? What are the exclusions to my policy?

 

Last week we also shared that a few years ago when we switched all of our insurance over to Kim, she was able to save us over 25% from our last company. We have been so thankful for her as she always is a quick text or phone call away. If you’d like to see how her rates compare, contact her at 780-800-0642.

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.919.0004, email jrteam@shaw.ca or visit WeSellLeduc.com

 


What You Need to Know About Home Insurance – Part 1

By 179479 on Thursday, June 7th, 2018 in Uncategorized. No Comments

 

What You Need to Know About Home Insurance – Part 1

 

One of the many benefits about being a local Realtor is that I get to know many other business owners in the community. This past week we spent some time speaking with our Insurance Agent Kim Demchuk with Allstate Insurance to discover what homeowners need to know when getting home insurance. Kim has been a good friend for years and we are thankful to share her expertise with you all.

 

When you first call your insurance agent, have your detailed highlight sheet available. This provides you with all of the basic information about the property such as size, age, number of bedrooms, bathrooms, etc. There may be specific information asked that is not available on the MLS sheet. Specifically, with older properties, these may include type of electrical wiring, plumbing, age of shingles, hot water tank, furnace etc.

 

Insurance companies want to see above items be within a certain age limit. For example, most insurance companies don’t want to see asphalt shingles older than 20 years or a hot water tank no more than 15 years old. Furnaces may be ok up to 30+ years old as long as the home owner has yearly professional inspections with reports sent to confirm the unit is still in safe working order. If these items are older, an insurance company could provide you with insurance, while asking that the items be replaced within a specific time frame. It’s important once they are replaced that you follow up to let your company know. They may also request photos and receipts.

Your electrical is an important factor when determining acceptability of insurance.  Aluminum wiring is often an area of discussion and concern. For example Allstate Insurance will insure you as long as the wiring has been brought up to code, by having it pigtailed. Galvanized plumbing is a concern and often difficult to insure. Over the years galvanized plumbing can cause the inside of the pipe to erode which increases your risk of water claims.

 

Condo Insurance is widely misunderstood. As per our trusted advisor Kim Demchuk “People don’t think they need insurance when purchasing a condo and that the condo board will ensure there is coverage.” This is true in regards to the building and the base items such as cabinets and flooring of the building, however interior insurance and any upgrades to the unit need to be covered under the condo unit owner’s insurance policy. The coverage provides for your personal belongings, betterments, and improvements (upgraded countertops, flooring etc.) and personal liability.

 

Allstate Insurance has many discounts that you could qualify for: alarm system, years of insurance claims free, age of home for a new home discount as well as discounts for combining home and auto insurance. In addition Allstate offers many group and occupational discounts. Be sure to ask if there are any professional group discounts such as being union or a Chamber Member. By combining your insurance you have an opportunity to save up to 20%(+) on your annual premium.

 

There are many items that go into determining your rates such as location, postal code area and fire hydrant protection. There are other factors that you may not have considered such as age of your roof, electrical, and furnace, inflation increases to the value of your home, as well as Industry and personal claims. Rates can also be affected when a property has a wood or pellet stove, whether it be located in the house, garage or shop. Rural property that is outside of town limits will see an increased premium due to the delay in fire department response and availability to access a hydrant.  Properties located in the storm belt between Millet and Calgary are most likely to see an increase.

 

Next week, we’ll continue with part 2 as we talk about different types of coverage. A few years ago when we switched all of our insurance over to Kim, she was able to save us over 25% from our last company. We are so thankful for Kim as she always is a quick text or phone call away. If you’d like to see how her rates compare, contact her at 780-800-0642.

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.919.0004, email jrteam@shaw.ca or visit WeSellLeduc.com

 

 

 

 

 


How to Overcome Closing Delays – FOR SELLERS

By 179479 on Friday, June 1st, 2018 in Uncategorized. No Comments

How to Overcome Closing Delays – FOR SELLERS

 

Last week we shared tips on how to overcome closing delays for buyers. If you missed the article, you can see it on our blog at www.WeSellLeduc.com/blog or on our Jason Rustand Team Facebook page. This week we’re focusing on how to overcome closing delays that may arise on the seller’s side.

 

Have a current RPR & Compliance. A Real Property Report (RPR) is a complete report on a property prepared by an Alberta Land Surveyor.  It shows the dimensions of all property boundaries, structures and buildings, fences, and other items such as utility right-of-ways, and encroachments from neighboring properties.

Once an RPR is complete, it must be sent to the City or Town for compliance. A compliance letter ensures that everything in the property is set out according to city bylaws. If anything on the property does not comply, a non-compliance letter will be issued.

It’s imperative that the RPR is ordered a minimum 4-6 weeks prior to closing. If less than 4 weeks, it’s likely rush charges will apply, otherwise you risk it not being completed on time. Before a property closes, the seller must confirm with their lawyer that everything on the property is current. A closing can be delayed in the event the RPR is not current, meaning a new building or structure has been built and/or moved since the time the RPR was originally completed. The closing can also be delayed if an encroachment exists, affecting neighboring property. In such case, neighbors will be given the option to approve the encroachment. If approval concerns arise, lawyers will advise further options.

 

Complete agreed upon repairs. Sometimes during a home inspection, a buyer discovers there is a large list of repairs needed for the property. When this happens, a buyer may request in writing specific repairs be completed. Often we see a deadline for these repairs to be done at least 2 or more days prior to possession. Depending on the number of repairs needed, a simple follow up call may be sufficient to confirm completion. Other times, when a substantial list of repairs are required, the buyer may request a walk through prior to possession to confirm they are complete. Either way, it is important for all things agreed to in writing, to be followed through on, otherwise you could experience costly delays.

 

Clean title. Real estate purchases come with a transfer of title from the original owner to the new one.  A land title can include any registered individuals to the property, mortgages, liens, caveats, easements, utility right of ways and  more. For a title to transfer to the new owner certain criteria must be met, such as any mortgages and/or liens be paid out, registered owners on title agreeing to the sale, etc. A property without a clean title is virtually unsalable.

If your property is listed with a Realtor, most will pull title to see what is registered on it. When pulled early, this added time allows an opportunity to correct any concerns (when possible) that are on title. This helps to foresee unexpected surprises and ‘clean them up’ in advance.

 

Information shared is based upon our real estate experience, however, not every real estate transaction is limited to just the options above. If this article raised questions, feel free to give us a call. If you’re in the market to buy or sell a home and don’t already have a local, professional Realtor working for you, it’d be our pleasure to help! Feel free to contact us today!

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com

 


How to Overcome Closing Delays – FOR BUYERS

By 179479 on Thursday, May 24th, 2018 in Uncategorized. No Comments

How to Overcome Closing Delays – FOR BUYERS

 

If you’ve purchased a property in the past few years, you know it’s a lot of work. From your pre-approval, to selecting the right Realtor, house shopping, mortgage approval, inspection, appraisal and more, it’s like taking on a part time job. When you have a family, full time work among all the other demands it can be a stressful time to say the least. As you approach your possession (closing) date, timing is everything, especially when you have a specific deadline to be moved out of your house by. Though it’s rare, closing delays can occur, bumping back your possession. This is the ultimate stressor, especially if you’ve already lined up a moving company and help from friends.

 

Today we’re excited to share with you tips on what you can do to avoid costly closing delays.

 

Budget closing costs. A good rule of thumb is to budget at least 1.5% of your purchase price for closing costs. Your lender will likely provide an estimate to you, however these numbers can change all the way up until your possession date. You will need to budget for your inspection, appraisal costs, tax adjustments, legal fees, disbursements – including tax and title searches and registration costs, possible title insurance, utility deposits, a moving van or moving company and so much more.

 

Save large purchases. Any large purchases that have to be put on credit such as furniture or a vehicle, could cost you your mortgage approval in two ways. First of all, it could put your total debt ratio above the maximum allowance, or it could lower your credit score. Both of these elements are essential for mortgage approvals. Though your mortgage has already been approved, some lenders will run additional verification checks prior to closing. Imagine the trouble you could find yourself in if you can no longer qualify for a home that you already bought.

 

Don’t change jobs. If your mortgage was approved based on an income and employment verification from an employer, whom you’ve just left, this could drastically alter your mortgage approval. There’s no guarantee a lender will or won’t come back to verify your information before you take possession, so play it safe! If you plan to change jobs, be sure to delay it until after you’ve moved in and your mortgage has been funded.

 

Insurance. Be sure to arrange property insurance well in advance. These days, it’s harder to arrange insurance especially if the property is older. Before calling to arrange insurance, be sure to have all the specifics of the property from a detailed MLS sheet. If you do not have this available, your Realtor can forward it to you. In the event your insurance company asks questions you don’t know the answer to, your Realtor can get the answers for you.

 

Realistic possession date. We understand the excitement and urgency to move in quickly especially if the property you’ve chosen in vacant. As a buyer, it may seem that all you have to do is sign documents, however there are many professionals involved in the closing process. We typically have real estate brokerages, a mortgage company, the City, land titles, lawyers and more involved in the process. There is an immensity of the behind the scene details that must be completed for a buyer to take over ownership. A realistic possession date is a minimum two weeks after conditions have been removed. It can be done quicker, however rush fees will likely be endured, and there is a greater risk of having a delayed closing.

 

Signing. If you haven’t heard from your lawyer at least two weeks prior to your closing date, give them a call to set an appointment to sign your mortgage and transfer documents.  The sooner you can get in, the better.

 

Final Thoughts. The contract states that your possession will take place at approximately 12pm on the agreed upon date. This does not mean you should book a moving truck to show up at your property for noon. Unforeseeable circumstances can occur that delay closing by a few hours, or worse, up to a few days. For this reason, we always suggest booking your moving company for the day after possession.

 

Next week, be sure to check back as we’ll be discussing what sellers can do to overcome closing delay. If you’re in the market to buy a home and don’t already have a great Realtor working for you, it’d be our pleasure to help you! Feel free to contact us today!

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com


Is it wise for you to downsize?

By 179479 on Thursday, May 10th, 2018 in Uncategorized. No Comments

Is it wise for you to downsize?

Over the past 2-3 years we’ve met many families who’ve sought to downsize their home with the hopes of tightening up monthly budget. For some, this is a wise and viable plan, while for others it may not make much difference at all.  If you’ve considered it, how do you know if it’s wise for you to downsize? Today we’re looking at a few key elements to help you decide.

 

How much money can you save? Currently, many major bank’s variable and fixed rates range between 2.59 – 3.79%. Let’s say you settle into an interest rate of 3%. Depending on your mortgage balance, you can see below approximately how much your payments would be each month.

 

 

You can see that for every $50,000 your mortgage is reduced by, you save approximately $240-245/month. There is more to consider than just your mortgage payment though. Other monthly costs such as taxes, insurance and utilities could add up to another $250+/mos.

 

How much ‘house’ can you buy? Now that you know how much you can save by going into a reduced mortgage, research what properties are available in your new price range. Can this type property meet your needs for the next few years until the economy normalizes again? When downsizing, you want your focus to be on your needs and not your wants, while keeping it mind, it may only be for a shorter period of time.

 

How much net equity do you have? Consider what amount will be paid to Realtor fees, lawyer fees, mortgage prepayment penalties (if applicable), and moving costs? Have a professional local Realtor who knows our market give you an evaluation on what your home will sell for. Once you reduce the selling costs, how much will you have to put forward into a future home? Do you possibly have extra funds available to pay off a vehicle or a credit care and reduce your monthly costs even more?

 

Is it wise to downsize? Once you’ve worked through the details above, you’ll have a better idea if it’s wise for you to downsize. If you can pull some equity forward with sufficient monthly savings to make a move worthwhile, even if it’s only for 3-5 years, then it’s likely wise to do so. If your equity is minimal, and housing within the reduced price range simply cannot suit your family’s needs then it probably isn’t wise to do so.

 

There is an area I want to caution you on.  If your objective in downsizing is to save money, then don’t spend all your savings. What do I mean? Sometimes when downsizing, people start making renovation plans. This is especially true for those who move from a newer property to an older one. Before they know it, they’ve spent $50,000+ in renovations and in the end they really didn’t get any further ahead.

 

If you don’t already have a local, professional Realtor working for you, give us a call. Our team would be happy to give you an honest evaluation of your home, work out your net equity, and help you determine if its wise for you to downsize.

 

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time. For more info on this topic or others related to real estate, LIKE our Jason Rustand Team Facebook page, call us direct at 780-980-2828, email jrteam@shaw.ca or visit WeSellLeduc.com


Increase your odds of generating multiple offers

By 179479 on Thursday, May 3rd, 2018 in Uncategorized. No Comments

 

Increase your odds of generating multiple offers

 

In every market we see properties that are quick to get an offer, some that take a month or two, while others sit for a number of months. Naturally, motivated sellers aspire to have a quick sale. Fortunately, there are steps you can take to help make that happen, and even increase your odds of generating multiple offers.

 

1. Price your property aggressively. Homes that get multiple offers do so because they have priced their home aggressively enough to attract interest from multiple parties at the same time. It’s the perceived value that generates excitement, causing more buyers to view your home than what would have come if it were at a higher asking price. More showings invariably increase your chances for more offers. When speaking with your Realtor about comparable sales in the area, do your best to price your home in a way that demonstrates great value. Doing so peaks buyer’s interest and urgency.

 

2. Make it look and feel amazing! Properties that have increased odds of generating multiple offers are often those that offer a better look, feel and function compared to their competition. You want multiple buyers to fall in love with your home enough that they’re willing to compete with others for it. Prepare your home by ensuring it’s meticulously cleaned and fully decluttered. Fix and replace any necessary items, and if necessary, paint and update that which is worn. Consider having your home professionally staged. Show off how immaculate and move-in-ready your home is by marketing the upgrades and care you’ve put into it over the years. For more info on preparing your home to sell, be sure to check out our blog at WeSellLeduc.com/blog

 

3. Market for first impressions. Most buyers will not take the time to see inside a property unless they already like what they see online. To market the best first impression, your property needs to look its best the moment photos are taken. This may mean waiting a few days until final clean up and touch ups can be completed. We cannot express enough the value of having professional photos. Photographers have the technology and expertise to make specific features ‘pop out’. They know how to create depth, build atmosphere and connect a buyer’s emotions to the significance your home will bring.

 

4. Give lots of access. More often than not, when a buyer requests to see your home it’s because they’ve already chosen it to be a part of their top 10 list. While viewing your home, they’ll also be looking at numerous others at the same time. If your property isn’t available to see the day a buyer wants to, you could miss out on a highly qualified, motivated buyer. It may sound overly simple, but if you want to increase your odds for multiple offers, then you need to provide easy access to your home. If getting top dollar is at the top of your priority list, then be open to being inconvenienced and put in the extra effort to have it ready to show each day.

 

If you’re considering a move this spring, now is the time to have a Realtor offer professional advice to help you get your home ready to hit the market strong! If you want a local team of integrity driven Realtors, give us a call. Our team would be most happy to help make your sale and/or buying process as smooth and seamless as possible!

 

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time. For more info on this topic or others related to real estate, LIKE our Jason Rustand Team Facebook page, call us at direct at 780-980-2828, email jrteam@shaw.ca or visit www.WeSellLeduc.com


Get Your Home Ready to Sell in 30 Days or Less – Part 4

By 179479 on Thursday, April 12th, 2018 in Uncategorized. No Comments

 

Get Your Home Ready to Sell in 30 Days or Less – Part 4

Welcome to part 4 of getting your home ready to sell in 30 days or less. If you missed parts 1-3 we’ve been outlining a step-by-step plan of action so that your home is sale-ready in 30 days or less. To catch up on our former articles, check out our blog at WeSellLeduc.com/blog.

 

This week is all about the final touches. Though our list is fairly significant, many of these items will be less time consuming than previous areas we’ve addressed.

 

Make an extra set of keys. A lock box will be required for Realtors and their prospective buyers to view your home.  Having an extra key for the lock box saves you from the possibility of being locked out of your home. We’ve had past clients leave the man door in the garage unlocked and use their garage door opener to access their home. This can work sometimes, however, often Realtors are so good at ensuring everything is locked up tight, they lock even the doors that weren’t originally locked.

 

Make plans for pets. We appreciate that pets are a part of the family and make excellent companions day to day. If your pet is home during showings you risk them being a distraction from potential buyers truly seeing your home. If you put them in a crate or in the garage, they may bark excessively as it is their fiduciary duty to protect their territory. Make a plan to get your pet(s) out of the house. Try doggie daycare, grandparents, neighbours, friends, or take them for plenty of walks.

 

Clean the windows. You may not have considered cleaning your windows, however after seasons of rain, snow and everything in between they’re likely dirtier than you realize. Check out special pricing for window cleaning on Groupon (which may be backed up for service dates) or check out referrals and reviews through Social Media pages and Yelp.

 

Steam clean carpets. Unless your carpets are brand new, you’ll want to have them steam cleaned. No better time to get your couches done at the same time. A good cleaning will help pull out odours and stains while freshening up your entire home.

 

Fresh touches. At this point, you’re ready to add some final fresh touches like new towels in the kitchen and bathrooms, fresh flowers for the dining room table, a fruit bowl on the counter, throw pillows for your couches and beds, fresh duvets, a few pieces of art work to help pull all of your décor together, or a nice throw rug.

 

The final clean. You’re just about there!!!! The final clean is where we hit up the areas we haven’t got to yet like baseboards, walls, light fixtures etc. You’ll also want to do a final clean with tubs, showers, tiles, floors, vacuuming, dusting etc.

 

The final ‘look over’. You’ve worked hard this month, very hard! We’re proud of you! Take an opportunity to step back and admire your hard work. How does everything look? Do you see anything that could distract or turn away a buyer? If so, do any final adjustments as necessary.

 

Photographer. It’s time for a professional photographer to work his or her magic. Photos will be required at least the day before your house is on the market. Having all of this prep work complete allows your photographer to capture your home in its very best state.

 

As you’ve followed our step-by-step 4-part series, we are confident your home is now sale-ready. Whether you’re just getting started to prepare your home to sell or are at the point of hiring a Realtor, and want an integrity driven team committed to serving you with excellence give us a call. It is always our greatest honour to serve you!

 

The Jason Rustand Team with RE/MAX Real Estate serves with the highest level of integrity and excellence every time.  For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call us at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com.