January 2015

There are 4 blog entries for January 2015.

Many factors go into making a home sell faster. Price, location, condition, and marketing top the list. But there's one very important factor very few agents mention: agent reputation.     Your Vancouver listing agent's reputation will determine the number of buyer agents who hurry to bring buyers to your home when it comes on the market. When those agents are making lists of homes to show, your agent's reputation will dictate whether your home is at the top of the list – or at the bottom.   Why? Because we all like to deal with people who make our jobs easier and more pleasant.   What gives a listing agent a good reputation?  
  • Accurate MLS descriptions
  • Complete information in MLS
  • Timely replies to buyer agent
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You might think that since the home you wish to buy here in Vancouver is newly constructed, you don't need to have it professionally inspected.   But yes, you do, for three reasons:  
  • Not all contractors are honest – some deliberately cut corners that will cost you money later.
  • Mistakes happen, and sometimes contractors trust subcontractors when they shouldn't.
  • Building inspectors aren't always as thorough as they should be.
A case in point is the story of an inspector who crawled into the attic of a new home to find that the vent pipe from the bathroom had not been installed. It was laying there, ready to go, but no one had taken time to connect it. Had he not found that oversight, before long the attic would have begun…
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One of the first steps you should take as a potential Vancouver home buyer is getting a loan pre-approval before you start viewing homes.   This will reveal the correct price range, the amount of down payment required, and the type of loan you'll need. You won't waste time looking at homes that simply won't fit.   If you save every piece of paper you've ever owned, then all you'll need to do is gather up the proper pieces to take along to the lender. If you don't, then start planning well ahead of time so you won't experience delays.   You'll probably need last year's income taxes – if  you didn't keep a copy, then you'll need to send for one. This can take a little time. Note: If you're self-employed, you might need 2 or 3 years'…
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If so, now is the time to prepare.   Both buyers and sellers should begin to study the market. Here in Vancouver, as in cities around the world, things have been changing. What you knew about the market a year ago may have no bearing on what's going on today.   So come to Vancouver Real Estate and look at homes in neighborhoods similar to the neighborhood where you want to buy or sell. Then look at homes of a similar size. See the listing prices – keeping in mind always that while they give you a good starting point, listed prices and sold prices may be very different.   If you plan to buy, order a copy of your credit report from each of the 3 major credit bureaus and check them for errors. Even FICO admits that 70% of all credit reports…
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