How can buyers take control in a sellers market

Steven Ho Buyer

As many of you already know, the real estate market has been completely bonkers in the last few months.  Almost all listings have bully/ multiple offers, and most  are being sold way over what a few weeks ago was considered to be a “normal price”. While this market is amazing for sellers and listing agents, it has left many buyer’s …

WHY GET A PRE-INSPECTION?

Steven Ho Buyer

[two] Below, I will discuss why I think it’s a good idea to have an inspection performed either before the listing goes on the market, or before the day of the offer presentation. A pre-inspection is just a standard inspection, “an evaluation of the home’s major systems”, that takes place before any offers are presented. The inspector generates a report …

USEFUL INFORMATION FOR FIRST TIME HOME BUYER’S

Steven Ho Buyer

A few weeks ago I held a first time home buyer’s seminar.  A lawyer, a mortgage advisor, an inspector and I talked about some of the important things first time home buyers should have knowledge of prior to purchasing, and I just thought I would share some of that information with you. ADVANTAGES OF BUYING [two] One of the first …

THE IMPORTANCE OF KNOWING THE BUILDER OF YOUR HOME

Steven Ho Buyer

When buyers buy a completely new home, conflicts frequently arise between the buyers and builders. These conflicts generally concern building defects, delay in business projects, or changes in contract dates and prices. [two] The reality of the situation is that the relationship between buyers and builders can be a lengthy one, sometimes lasting up to 3-5 years. Since all parties …

Are Mississauga and Toronto safe cities to live in?

Steven Ho Buyer

[two] One of the most common questions I get asked from clients who are looking to buy, is whether the area they are looking to buy in is safe or not. While this is a legitimate question to ask because everyone wants their families to feel and be safe, it often comes from a place of fear that the news …

How many houses should buyers see before buying?

Steven Ho Buyer

[two] It’s like asking someone how many wedding dresses they will have to try on before finding the right one. Or asking someone how many ice cream flavors they will have to taste, before finding their absolute favorite. Same goes with buying houses. There’s no way of knowing how many homes we will need to look at, because everyone’s different. …

Should you move to Mississauga?

Steven Ho Buyer

Education: When families consider moving, they often want to know what kinds of schools are in the area they would move to, and if these schools would be any good. Knowing this is important as it determines the quality of education their children would receive, thus effecting the kids’ future job prospects. Mississauga has many great elementary and secondary schools …

10 Reasons why you should hire a buyer agent

Steven Ho Buyer

Hiring a buyer agent is like having a tour guide at a museum. You are guaranteed to get a lot more out of the experience with a tour guide then without one, because they enhance the experience and make it more valuable. Buyer agents’ make the buying experience more valuable, because they provide “guidance and support” at every step of …

What to be aware of in older homes?

Steven Ho Buyer

[two] 1. Radon Buyers need to test the levels of radon when purchasing an older home, because many “older homes were not built to prevent randon from entering it”. Radon is a “cancer causing radioactive gas that we cannot see, taste, or smell,” which is why it is necessary to test for it during the inspection. [/two] [two] [/two]

Interviewing a real estate representative

Steven Ho Buyer

Of all the houses that come onto the MLS, how many do you think actually sell? There have been 15, 997 active listings in 2015, and only 7, 998 of them have sold, which means that only 49.9% of the listings in 2015 have sold. This means that some agents are more capable then others in selling homes. Given that there …