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Entries for March 2008


March 4, 2008


TUE
4
MAR

RENT A STORAGE BIN

By Anna Mae McPhail

Getting top dollar for your house tip. Most homes have way to much stuff.

 

Almost every home shows better with less furniture. Remove pieces of furniture that block or hamper paths and walkways and put them in storage. Since your bookcases are now empty, store them. Remove extra leaves from your dining room table to make the room appear larger. Leave just enough furniture in each room to showcase the room's purpose and plenty of room to move around. You don't want buyers scratching their heads and saying, "What is this room used for?"

 

Make the House Sparkle!

  • Wash windows inside and out.
  • Rent a pressure washer and spray down sidewalks and exterior.
  • Clean out cobwebs.
  • Re-caulk tubs, showers and sinks.
  • Polish chrome faucets and mirrors.
  • Clean out the refrigerator.
  • Vacuum daily.
  • Wax floors.
  • Dust furniture, ceiling fan blades and light fixtures.
  • Bleach dingy grout.
  • Replace worn rugs.
  • Hang up fresh towels.
  • Bathroom towels look great fastened with ribbon and bows.
  • Clean and air out any musty smelling areas. Odors are a no-no.

 




TUE
4
MAR

CHOOSE YOUR REALTOR WISELY

By Anna Mae McPhail

The standard joke is there's nothing wrong with a new agent that a little experience won't fix. But that's not to say that freshly licensed agents aren't valuable. Much depends on whether they have access to competent mentors and the level of their training. Newer agents tend to have more time to concentrate on you. Some agents with 20 years of experience repeat their first year over and over. Other 20-year agents learn something new every year.

 

Our agents are well trained.  They have gone through the OREA Licensing program, through which their training has given them the best business practices.  They are trained to advise you, and to help you.

 

They are trained to know how to appraise your property for sale.  They are trained to conduct CMA's on every property they go to list.

 

Listen to your realtor.  They are trained to do the job.



March 12, 2008


WED
12
MAR

LET US SELL YOUR HOME

By Anna Mae McPhail

THE RIGHT PRICE ---One of our main responsibilities is to arrive at an accurate estimate of value for your home and so we ensure a detailed evaluation and analysis of every part of your home.

 

Our work doesn’t stop there as we will fully investigate the real estate market and compare your property with similar listings to make sure that you receive the highest amount you deserve for your home.

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March 25, 2008


TUE
25
MAR

Canada overall economic fundamentals remain healthy

By Anna Mae McPhail
  • Canadian housing prices have grown in a "steady, sustainable way"
  • Mortgage arrears are at a low level, which suggests financial institutions have been prudent in their lending practices
  • Canada's overall economic fundamentals remain healthy



TUE
25
MAR

flipping houses is a hot topic

By Anna Mae McPhail

Flipping houses is a hot topic these days. Here are 10 tips to help you find the perfect flip from HGTV’s The Big Flip renovator’s John Stassen and Randy Mackay.

  1. Find properties that are diamonds in the rough - homes that are rundown in comparison to those around them - as these often have a low list price.
  1. Are the surrounding properties well maintained? This can add value and clinch a sale when your house goes back on the market.
    1. Scrutinize previous renovations. Poor quality workmanship can mean you have paid a premium for finishes that you will have to repair or replace yourself.
    1. Can you add bathrooms, storage or enlarge a small kitchen to meet the needs of today’s average family? If you can't, walk away, as these features often make or break a sale.
    1. Ensure you do a thorough home inspection before purchasing properties – this could save thousands of dollars in the long run.
    1. Identify your potential buyers (i.e. young professionals or families) and design the house with their needs in mind.
    1. Find a real estate agent who understands the market. There are thousands of real estate agents; get one who is experienced and understands the business of flipping houses!
    1. Do your research and find areas that are up and coming. Neighbourhoods that are in the early stages of being gentrified often contain homes that offer large returns on their investment.
    1. Be realistic with your budget and always leave room for hidden costs. Early budget optimism can mean cost cutting later on, which means sacrificing quality – and profits – in the final sale.
    1. Keep your eye out for properties with good layouts that can be easily updated with new paint and trim. You may get lucky and find a home that’s a good price and only needs finishing touches, adding tens of thousands of dollars with minimal investment.


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Copyright © 2008 Anna Mae McPhail. All rights reserved.