It can be a difficult decision whether to purchase a resale home or a new home from a builder.
Although new homes typically have a higher sales price than comparable existing homes, buyers are willing to spend more up-front with an understanding that part of what they are paying for is assured low maintenance costs. A builder's warranty, along with brand-new roof, appliances, furnace, and other operating systems that make major repairs unnecessary, work together to counteract possible slower appreciation initially.
Buying New Versus Resale
In today's highly competitive market there is a vast array of choices to be made when deciding on the type of dwelling you wish to reside in. Below is a comparison of the advantages and disadvantages of buying a new home versus a resale home.
Advantages of a New Home
One of the primary advantages of buying a new home is the ability to decorate your home from the beginning exactly the way you want.
You can pick all the colors, which range from paint to carpet. You can also make the tile and cabinetry selection for the kitchen and bathrooms.
Often, new homes will have more modern conveniences, better insulation and can be more energy efficient.
Disadvantages of a New Home
Unfortunately, with a new home purchase you should be prepared for the on-going construction you will find around you. Chances are that your grass and lawn will not be in, your driveway will be gravel and your street will turn into a sea of mud whenever it rains or snows. If things are going to go wrong with a newly constructed house, they will appear in the first one to two years. As the house settles you may find cracks appearing in the walls of the basement, especially near any windows in the basement, make sure you get them fixed right away. Also, you should not finish your basement in a new home for at least a couple of years, just in case cracks and leaks develop.
There are additional expenses associated with new homes that you will not typically find in a resale home. For example, you may have to spend additional money for appliances, curtains, drapes, central vacuum, humidifiers, decks, fencing, electric garage door openers, finishing the basement, walkways, outdoor lighting, indoor light fixtures, trees, shrubs, gardens and landscaping, children's play sets, swimming pool, air conditioning, etc.
Closing costs are typically higher for new homes. The purchaser will pay for such additional costs as the New Home Warranty Program, tree planting, utility hook ups and paving of the driveway.
Usually, when you buy a new home, you don't have an opportunity to see the actual layout. All that is provided is a blueprint and in many cases the end product may be a disappointment to the purchaser because of changes that the builder or sub-contractor does not follow or does themselves. Additionally, there is the uncertainty as to who will be your neighbours.
Advantages of a Resale Home
The major advantage of buying a resale home is that you are moving into an established neighborhood. Your lawn is green, your shrubs are growing, your driveway is paved and your trees are well enough established to give your street a feeling of permanence. Often, most extras are already present, such as appliances, curtains, drapes, central vacuum, humidifiers, decks, fencing, electric garage door openers, finishing the basement, walkways, outdoor lighting, indoor light fixtures, trees, shrubs, gardens and landscaping, children's play sets, swimming pool, air conditioning, etc.
Read the Entire Article at my website at this link
In summary, a resale home can cost less, be more conveniently located, you know the area and amenities and have less risk involved. A new home can be constructed to have the exact style and features you desire, but usually with much higher costs, limited locations, and more risk.
Conclusion
In today's market place both new and resale homes are selling briskly. Once you've evaluated the pros and cons of each alternative, you can make an intelligent, educated decision as to which option is best suited for your particular needs.
Ultimately, the decision should be based on your needs and wants, your family and/or children, your tolerance for risk and the unknown and ultimately your budget.
Read more about buying new or resale
Read the Entire Article at my website at this link
Wednesday, November 30, 2005
Monday, November 28, 2005
When is the best time of year to purchase my home?
When is the best time of year to purchase my home?
The best time of year to make your purchase is dependant upon many factors, including your personal situation, the local real estate market conditions and the general state of the economy. My experience says that the best time to purchase your home 'was yesterday' and I'm not kidding. You must get into the market as soon as you can, mainly to begin reducing your mortgage rather than paying your landlord which in turn increases your equity and allows you to move up to a larger home within a few shorts years. This is one of the secrets to real estate.
You may see a very interesting and regular pattern of price changes in the marketplace and this will give you an idea of the market peaks and valleys during the year.
Thursday, November 24, 2005
Detailed description and names & addresses of some of the highrise Condominium Buildings in Mississauga
This page and the page at the link below will show you pictures and give a detailed description of the names and addresses of some of the highrise Condominium Buildings in Mississauga
If you are looking to purchase a condo anywhere in Mississauga and you want me to send you active (or sold) listings in a particular building(s), please go to this link and I will send you all the current condos for sale in a particular building. I can send you sold properties too, all you have to do is ask. Your choice!
If you are looking to purchase a condo anywhere in Mississauga and you want me to send you active (or sold) listings in a particular building(s), please go to this link and I will send you all the current condos for sale in a particular building. I can send you sold properties too, all you have to do is ask. Your choice!
Do you want information on a condo building in Mississauga? Click here and I will send you listings for any condo building in Mississauga
Can you show me a detailed description with photos of some of the Condo Buildings in Mississauga?
Tuesday, November 22, 2005
What is the difference between Tax Assessment and Property Taxes and the Mill Rate?
Purchasing a House: Property Taxes, Assessment & Market Value
Property Taxes are a lien on the land and as such are a secured debt to the municipality. As is the case with every municipality of the Province of Ontario, assessment are based on the prior years' market value and are levied against the property owner. Property Taxes are determined by multiplying the tax rate by the assessed value of the property provided for by MPAC.
Tax Rate (formerly called a mill rate) is the factor which, when multiplied by a property's current value assessment, determines the amount of property taxes to be levied against that property. The tax rate is determined after City Council approves the budget, which includes the total amount it needs to raise from taxes. City Council determines the current year tax rate usually by April 30 of the current year.
House Value There are numerous ways to determine the value of a home. An evaluation is a skilled estimate of a property’s market value, in accordance with recent sales of analogous properties, location, square footage and construction class. This service varies in cost depending on the price of the home. A comparative market analysis is an informal estimate of market value performed by a real estate agent based on similar sales and property attributes. Most agents offer free analyses in the hopes of winning your business. You also can get a comparable sales report for a fee from private companies that specialize in real estate data or find comparable sales information available on various real estate Internet sites.
Peel Region Tax Rate and Property Tax Calculation
The tax rate in the Region of Peel consists of three components. There is an area municipality portion (City of Mississauga or City of Brampton or Town of Caledon), a Region of Peel portion, and an education portion. Each of these portions is related to the budgetary needs of the area municipality, the Region of Peel and the provincial decision on education funding requirements.
The tax rate is expressed as a percentage of a property's assessed value. A tax rate is set for each class of property.
The tax rate multiplied by the assessed value, results in the amount of property taxes payable for the year. For example, if the residential tax rate is 1.053507% and the assessed value is $292,500, the property taxes would be $3,081.50
Variation between market value and appraised value:
The estimated value of a house is a certified appraiser’s opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process; charges may vastly as per the location, area, and vicinity of the property. Market value is what price the house will bring at a given point in time. A comparative market analysis is an informal estimate of market value, based on sales of comparable properties, performed by a real estate agent or broker. Either an appraisal or a comparative market analysis is the most accurate way to determine what your home is worth.
Standards for estimating a house’s value:
Appraisers use several factors when estimating a home’s value, including the home’s size and square footage, the condition of the home and neighborhood, comparable local sales, any pertinent historical information, sales performance and indices that for value, based on sales of comparable properties, performed by a real estate agent or broker. Either an appraisal or a comparative market analysis is the most accurate way to determine what your home is worth.
Standards for estimating a house’s value:
Appraisers use several factors when estimating a home’s value, including the home’s size and square footage, the condition of the home and neighborhood, comparable local sales, any pertinent historical information, sales performance and indices that forecast future value.
House Value:
A home ultimately is worth what someone will pay for it. Everything else is an estimate of value. To determine a property’s value, most people turn to either an appraisal or a comparative market analysis. An appraisal is a certified appraiser’s estimate of the value of a home at a given point in time. Appraisers consider square footage, construction quality, design, floor plan, neighborhood and availability of transportation, shopping and schools. Appraisers also take lot size, topography, view and landscaping into account. A comparative market analysis is a real estate broker’s or agent’s informal estimate of a home’s market value, based on sales of comparable homes in a neighborhood. Most agents will give you a comparative market analysis for free. You can do your own cost comparison by looking up recent sales of comparable properties in public records. These records are available at local recorder or assessor offices, through private real estate information companies or on the Internet.
(data provided from NewsGator Online)
Read more about Property taxes and assessments in Region of Peel
Back to FAQ's for Mississauga Real Estate
Monday, November 21, 2005
How to find the right home in Mississauga, Ontario
Looking for a home can be an intimidating task filled with many questions. What home do I buy and where? Who do I go to for help? And how do I know if I am making a good purchase?
There's no one "right way" to go about finding a home. But here are a few tips that may make the process a little easier and remove some of the anxiety associated with making what is, for most people, their largest single purchase in life.
The first thing to do is determine what type of home you want or need.
This would include the size, number of bedrooms, location and special features such as a garage, fireplace, fence, dishwasher, hot tub etc.
You'll also want to consider such things as proximity to schools, community centres and play and sports facilities, public transportation, hospitals, libraries and shopping areas and your workplace. These factors are important to you and your family.
Since your home is probably your single largest investment, you'll want it to be as attractive as possible to purchasers when you're ready to sell. So keep in mind the features you think will make it attractive to potential buyers in the years ahead.
Finding a real estate agent to handle your purchase is important. Talk to a few agents with different companies who know the area where you're looking to buy. A real estate professional can show you homes in your price range in the areas you like that meet your particular needs and budget.
With so many homes to choose from, how do you know if what you're going to buy is good value?
It's very important to inspect the structure and grounds of the home you're thinking of buying and look around the neighborhood to be sure it's an area where you want to live.
Get a copy of the land survey from the seller to check the boundaries of the property to make sure they are clear of encumbrances and walk around the property yourself to make sure there are no surprises.
You'll also want to tour the neighborhood and see the house at different times of the day or on weekends to check traffic patterns and noise levels that could affect your decision to buy.
When you find a home you like, inspect it yourself carefully for such things as structural defects, signs of water damage, lack of water pressure, faulty plumbing or inadequate wiring.
You may want to get an inspection done by a professional home inspector before you buy. A professional may uncover problems that you wouldn't notice.
A good inspector will check the house from the basement to the roof, including the heating and cooling systems, plumbing, walls, ceilings, insulation, electrical wiring, foundation, ventilation, doors and windows, and septic and sewer systems.
An inspector will determine if any repairs are necessary. If possible, plan to go along with the inspector during his inspection. You could pick up some valuable information that will help you in the future with the maintenance of your house. Your real estate agency can likely refer an inspector if you don't know of one yourself.
Some careful planning can help to ensure that you get a good-quality house that will meet the needs of you and your family in an area you like for a price you can afford without any nasty surprises after you take possession.
For more information on homeownership, please visit Genworth Financial Canada's website at www.genworth.ca.
- News Canada
There's no one "right way" to go about finding a home. But here are a few tips that may make the process a little easier and remove some of the anxiety associated with making what is, for most people, their largest single purchase in life.
The first thing to do is determine what type of home you want or need.
This would include the size, number of bedrooms, location and special features such as a garage, fireplace, fence, dishwasher, hot tub etc.
You'll also want to consider such things as proximity to schools, community centres and play and sports facilities, public transportation, hospitals, libraries and shopping areas and your workplace. These factors are important to you and your family.
Since your home is probably your single largest investment, you'll want it to be as attractive as possible to purchasers when you're ready to sell. So keep in mind the features you think will make it attractive to potential buyers in the years ahead.
Finding a real estate agent to handle your purchase is important. Talk to a few agents with different companies who know the area where you're looking to buy. A real estate professional can show you homes in your price range in the areas you like that meet your particular needs and budget.
With so many homes to choose from, how do you know if what you're going to buy is good value?
It's very important to inspect the structure and grounds of the home you're thinking of buying and look around the neighborhood to be sure it's an area where you want to live.
Get a copy of the land survey from the seller to check the boundaries of the property to make sure they are clear of encumbrances and walk around the property yourself to make sure there are no surprises.
You'll also want to tour the neighborhood and see the house at different times of the day or on weekends to check traffic patterns and noise levels that could affect your decision to buy.
When you find a home you like, inspect it yourself carefully for such things as structural defects, signs of water damage, lack of water pressure, faulty plumbing or inadequate wiring.
You may want to get an inspection done by a professional home inspector before you buy. A professional may uncover problems that you wouldn't notice.
A good inspector will check the house from the basement to the roof, including the heating and cooling systems, plumbing, walls, ceilings, insulation, electrical wiring, foundation, ventilation, doors and windows, and septic and sewer systems.
An inspector will determine if any repairs are necessary. If possible, plan to go along with the inspector during his inspection. You could pick up some valuable information that will help you in the future with the maintenance of your house. Your real estate agency can likely refer an inspector if you don't know of one yourself.
Some careful planning can help to ensure that you get a good-quality house that will meet the needs of you and your family in an area you like for a price you can afford without any nasty surprises after you take possession.
For more information on homeownership, please visit Genworth Financial Canada's website at www.genworth.ca.
- News Canada
Great Rental located at 6650 Falconer Drive for rent $1295 per month
Great Rental located at 6650 Falconer Drive for rent $1295 per month
Located near Creditview and Eglinton
Great Quad Townhome In Excellent Complex-High Demand Quad Unit Seldom Offered - Similar To Detached Home - Excellent Fenced Yard With Large Deck Backs Green space + Kids Playground-Best Location In Complex- Shows Very Well, Many Extras & Upgrades, Large 4 Bedroom Converted To 3Bdrm
Centrally Located In Excellent Complex Near Creditview and north of Britannia, Super Location Walk To Malls, Community Centre, Bus Service Close, Excellent Landlord
Fridge, Stove, Built in dishwasher, Washer, Dryer, All Elf's & Window Coverings, Central Air Conditioning, Newer 4 Piece Bath, Newer Renovated Kitchen, Ceramic Floors & Newer Casement Windows & Appliances Are Nearly New, Newer Furnace& Electronic Air Cleaner, Wainscotting In Hallway, Filter Kitchen Water, Finished Basement
Top Quality Main Bath, Mostly Fresh Paint With Neutral Decor, Large Deck, Cable Tv + Water Included In Rent - Condo Corp Allows Owners To Park 2nd Vehicle In Visitors, Great Home And Area!
More details and pictures of this property
Sunday, November 20, 2005
Three properties of mine on open house November 20, 2005 today
Outstanding Executive End unit townhome located in Central Mississauga
Pictures and details of this great home
Great end unit townhome, located near Highway 10 and Dundas in the heart of Mississauga close to schools, shopping, Cooksville GO station and more
this Sunday November 20th 2-4 pm
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Completely finished top to bottom
Excellent Fully Detached Home in Meadowvale
Pictures and details of this home
Excellent Detached home located Derry Road and East of Winston Churchill, near Meadowvale GO Station on Copenhagen Road
located in Meadowvale - (follow the link below to see pictures and more details for this property) within minutes of the Meadowvale and Erin Mills Town Centre's, schools, parks, transportation and community center
this Saturday November 19th and Sunday November 20th 2-5
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Completely finished top to bottom
Excellent Link Detached Home in East Mississauga
Pictures and details of this home
Excellent home located at East of Cawthra just north of Burnhamthorpe, on Torino Crescent located in East Mississauga - (follow the link below to see pictures and more details for this property) within minutes of schools, parks shopping, one bus to Subway, Square One shopping centre, transportation and community center
this Sunday November 20th 2-4 pm
$339,900
Pictures and details of this great home
Great end unit townhome, located near Highway 10 and Dundas in the heart of Mississauga close to schools, shopping, Cooksville GO station and more
this Sunday November 20th 2-4 pm
------------------------------------------------
Completely finished top to bottom
Excellent Fully Detached Home in Meadowvale
Pictures and details of this home
Excellent Detached home located Derry Road and East of Winston Churchill, near Meadowvale GO Station on Copenhagen Road
located in Meadowvale - (follow the link below to see pictures and more details for this property) within minutes of the Meadowvale and Erin Mills Town Centre's, schools, parks, transportation and community center
this Saturday November 19th and Sunday November 20th 2-5
--------------------------------------------------------------------------------
Completely finished top to bottom
Excellent Link Detached Home in East Mississauga
Pictures and details of this home
Excellent home located at East of Cawthra just north of Burnhamthorpe, on Torino Crescent located in East Mississauga - (follow the link below to see pictures and more details for this property) within minutes of schools, parks shopping, one bus to Subway, Square One shopping centre, transportation and community center
this Sunday November 20th 2-4 pm
$339,900
The 13 Absolutely Unbreakable Laws of Success
The 13 Absolutely Unbreakable Laws of Success
These laws apply to any person and for anything and everything you do in life.
The 13 Absolutely Unbreakable Laws of Success by Brian Tracy
1. The Law of Control: You feel good about yourself to the degree to which you feel that you are in control of you own life.
2. The Law of Responsibility: You are completely responsible for everything you are and fore everything you become and achieve.
3. The Law of Direction: Successful people have a clear sense of purpose and direction in every area of their lives.
4. The Law of Compensation: You are always fully compensated for whatever you do, positive or negative.
5. The Law of Service: Your rewards in life will always be in direct proportion to the value of your service to others.
6. The Law of Applied Effort: All things are amenable to hard work.
7. The Law of Overcompensation: If you always do more than you are paid for, you will always be paid more than you are getting now.
8. The Law of Preparation: Effective performance is preceded by painstaking preparation.
9. The Law of Forced Efficiency: The more things you have to do in a limited period of time, the more you will be forced to work on your most important tasks.
10. The Law of Decision: Every great leap forward in life is preceded by a clear decision and a commitment to action.
11. The Law of Creativity: Every advance in human life begins with an idea in the mind of a single person.
12. The Law of Flexibility: Success is best achieved when you are clear about the goal but flexible about the process of getting there.
13. The Law of Persistence: Your ability to persist in the face of setbacks and disappointments is your measure of your belief in yourself and your ability to succeed.
These laws apply to any person and for anything and everything you do in life.
The 13 Absolutely Unbreakable Laws of Success by Brian Tracy
1. The Law of Control: You feel good about yourself to the degree to which you feel that you are in control of you own life.
2. The Law of Responsibility: You are completely responsible for everything you are and fore everything you become and achieve.
3. The Law of Direction: Successful people have a clear sense of purpose and direction in every area of their lives.
4. The Law of Compensation: You are always fully compensated for whatever you do, positive or negative.
5. The Law of Service: Your rewards in life will always be in direct proportion to the value of your service to others.
6. The Law of Applied Effort: All things are amenable to hard work.
7. The Law of Overcompensation: If you always do more than you are paid for, you will always be paid more than you are getting now.
8. The Law of Preparation: Effective performance is preceded by painstaking preparation.
9. The Law of Forced Efficiency: The more things you have to do in a limited period of time, the more you will be forced to work on your most important tasks.
10. The Law of Decision: Every great leap forward in life is preceded by a clear decision and a commitment to action.
11. The Law of Creativity: Every advance in human life begins with an idea in the mind of a single person.
12. The Law of Flexibility: Success is best achieved when you are clear about the goal but flexible about the process of getting there.
13. The Law of Persistence: Your ability to persist in the face of setbacks and disappointments is your measure of your belief in yourself and your ability to succeed.
Thursday, November 17, 2005
FAQ - What should I do first - Buy my Home or Sell first?
Often I get asked this question - the answer is not simple. There are two situations you probably want to avoid. The first is situation is if that you find and buy your dream home before you've sold your current home, you may be faced with carrying two mortgages for a while, this can get expensive. The other situation is that you have an excellent purchaser for your existing home before you've found your next home, thus, you may find yourself living at your in-laws for a few months if convenient closing dates can not be negotiated. As you can see, this can sometimes become a tricky situation.
Solution
So how do you manage? It's Easy. Do your homework, research the market ahead of time and have a good idea about the neighbourhood and type of home you're looking for. It's also critical to do an honest evaluation of your family's needs and budget. You must also be very honest with yourself and even a little conservative when you estimate the current value of your home. It would be much better for you to make your purchase based upon an estimate of your sale price that is five thousand dollars less rather than ten thousand dollars more.
Speak to me first to discuss this decision in detail and I will give you a feel for the current market conditions and the best choice for you to make. Also, you should start your new home search as soon as we put your current home home up for sale. This will give you some idea of what to expect with your purchase and some peace of mind.
You also may have the option of 'bridge financing' in the event that the closing dates for your purchase and sale are not the same. You have to have your current home sold firm before you can go to the bank to get bridge financing, but this is a viable option and this is one option that is used by many of my clients.
The next two options depend a great deal upon the current market conditions and often are either not acceptable to the other party we are dealing with or cost you too much money for the peace of mind. Typically, these two options only work if the market is slow.
You may have another option, depending upon the market conditions. If you've found a home to buy before you've sold your current one, sometimes you can use "sale of your current home" as a condition on your offer. If you don't sell your house within a fixed period of time, you can choose not to go through with your purchase. This, however, is a difficult (if not impossible) condition for many vendors to agree upon and you may find that you have to give up some of your price negotiating leverage in order to attain some peace of mind.
Another item to consider is this. It is much easier to purchase your next home than it is to sell your existing home. Almost anyone can buy a home in a few days, whereas you may have to try for months and endure immense pressure with an unsold property on your hands.
Purchasing a home before you sell could cause some stress, especially if you need an exact amount out of the proceeds from your sale. If you've found a purchaser before you've found your next home, (and again depending upon the market conditions at the time) you may be able to use "purchase of a new home" as a condition when you sign back the agreement. Again, it will only be for a fixed time. Even if you have not found the ideal next house by the time the deal closes, you may still wish to proceed with the offer. As a buyer with a "sold house" you will be in a better position to negotiate price.
If you are more worried about where you will live once you have sold, one of the best options is to buy your next home home first, but have a longer closing. If you purchase a home today with a closing that is 90 days or even a little longer, we should have no problem finding you a home with that much time to work with. The downside to this option could be that the market 'softens' after you make your purchase and you end up have to take less money on your sale than you had hoped.
The "BEST" OPTION
If you are more concerned about your sale and the price you will sell for, then one of the best options is to sell first with a long (3 to 4 months) closing. This way you:
know the exact amount of money that you will have in your pocket for your next home purchase
you will know the closing date you need and you can make a 'firm' offer to purchase which will allow you to possibly get your next home at a lower price
it usually causes the least stress in the family and
it allows you to maximize your sale price and get your next home at the lowest price, so it's a financial win-win!
This is the option that most of my clients choose and is often the BEST option.
Conclusion
As you can see, as long as you do thorough research and preparation work ahead of time, you can reduce if not avoid the stress involved with the decision of buying and selling your home.
Wednesday, November 16, 2005
What do I need to do to make my home more saleable and improve my sale price?
These 79 Ideas and Suggestions will Help You Improve Your Sale Price by $1000 TO $5000 - These are ways to help you sell Your Home (some are Quick Easy Fix Ups) Faster and for Top Dollar!
SETTING THE "STAGE" these are some preliminary thoughts...
You will profit by using some ideas I have compiled in the list below. Beyond the obvious considerations of location, size, present condition and design of your home, buyers look for special qualities that appeal to their emotions.
It is your job to prepare the groundwork, to "set the stage" for a buyer to fall in love with your home. Think of what has made your home so special to you and try to highlight these features. Although no home is perfect, you must try to become aware of its shortcomings. Once you do, you have the opportunity to accentuate the positive and eliminate the negatives by making your home more visually appealing.
Read the entire article about ideas and suggestions at my website
For example: a long dark hall will appear shorter if wall papered in vertical pastel stripes; or by hanging a few pictures on the walls and installing inexpensive lights above them, you will stop the buyer's eyes along the way. The monotonous tunnel effect will be immediately eliminated!
I've compiled this list of 79 suggestions and ideas to improve possible problem areas in your home. Selling your home, though rarely a "fun" experience, can be a painless and profitable one if both you and I put in the effort. It is this cooperative venture that will meet your goal of selling your home fast, with the least amount of inconvenience and at the best price and terms for you.
Copyright © A. Mark Argentino, July 16th, 1996. NOTE: Real Estate AGENTS and Web designers are warned that Absolutely NO unauthorized reproduction of this site or any other web pages contained herein, by any means, without the written consent of the author is permitted. International Intellectual and Property Copyright; 1996 through to 2005 A. Mark Argentino; originally copyrighted in Mississauga, Ontario as of Tuesday, July 16th, 1996
Mark's job is to provide you with all the information you will need to make the best decision for you and your family. To receive Mark's monthly newsletter, just E-mail him.
Of course, there are " Mark's 5 WRITTEN Guarantees " just in case you are not convinced yet that Mark is the right Agent for you!
Guaranteed Real Estate Service-"My reputation depends on it!"
A. Mark Argentino! Send Mark an E-mail
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GENERAL
1. Make those minor repairs - no matter how minor.
2. Whatever the season, do some spring cleaning.
3. Have a yard sale or pack away in boxes those items that clutter.
4. Create the illusion of spaciousness.
5. Give your rooms a light, bright look.
6. Use colour and lighting to draw attention to your homes best selling features.
7. Disguise unsightly views- remove heavy curtains, let the light in.
8. Eliminate unpleasant odors.
9. Avoid eccentricities- remove those beaded curtains!
10. Accessories can make or break a room- avoid clutter.
11. Display photos that show your home during other seasons.
YOUR HOME'S FRONT DOOR AND PORCH
12. Create a welcoming spot in colour- flower pot, paint front door.
13. Invest in a new doormat.
14. Open curtains, have sparkling windows.
YOUR HOME'S ENTRY HALL
15. Create a dramatic focal point - e.g.., flowers, poinsettia, antiques.
16. Add spaciousness with a well placed mirror.
17. Improve floor appearance here, if nowhere else (except kitchen).
18. Clean out your coat closet.
19. Create the illusion of an entry hall if you have none-narrow table, open bookcase, railing, its own lighting area.
YOUR HOME'S LIVING ROOM AND FAMILY ROOM
20. Treat these rooms as if they were stage settings-games room suggests good family life, a guitar is warm, a dictionary, half finished crossword puzzle- let the buyer imagine living in your home.
21. Highlight your fireplace, decorating the mantle or above with picture.
22. Improve traffic flow in these rooms.
23. Draw attention to exposed beams or a cathedral ceiling.
24. Don't let the TV dominate or be the focal point of the room.
YOUR HOME'S DINING ROOM OR DINING AREA
25. Set the scene by setting the table and add a centerpiece.
26. Make a large dining room into, say, a dining room and a small library or add a desk.
27. Visually enlarge a small dining area-remove leaves, place against wall, remove extra side chairs or large pieces.
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YOUR HOME'S KITCHEN
28. Use props to set the scene- open cookbook, basket of eggs, bunch of carrots on a cutting board, ceramic mixing bowl with whisk, etc.
29. Make it smell great- simmer Christmas brew, bake bread, bowl of lemons, fresh coffee, cinnamon sticks etc.
30. Expand your counter space, store small appliances, use a movable cart.
31. Create more storage space-neat organized shelves, hanging pot rack.
32. Accent kitchen windows-plants, bird feeder outside window.
33. Make small kitchen appear larger-repaint white (walls recede), light curtains, mirror.
34. Highlight an eat-in area, set the table, fruit as a centerpiece.
YOUR HOME'S LAUNDRY ROOM
35. Make it cheerful and appealing.
36. Double duty- corner table or chair, sewing area, set the stage.
YOUR HOME'S STAIRWAYS
37. Make them safe- lighting, clutter-free, rail, carpet or runners secure?
38. Add visual interest- plant stand on landing, wallpaper can narrow.
39. Improve appearance of stair treads, clean or paint.
YOUR HOME'S BEDROOMS
40. Create a master bedroom "suite" effect ("Large is Better")- avoid busy patterns, small desk, chair with lamp, etc.
41. Tackle your closets, clear clutter, clear floor, organize shelves, smell.
42. Add storage boxes under the bed if you need more storage.
43. Depersonalize teenagers rooms- at your own risk!
YOUR HOME'S BATHROOMS
44. Create a look- plants, glass bowl of shells, pictures, fresh towels, magazine rack, etc.
45. Colour- grey and rose, all white- add some accent colours.
46. Invest in a new shower curtain and/or bath mat.
47. Improve (not replace) your floor covering, scrub and clean.
48. Put out fresh towels and soap.
49. Add a pretty dish of potpourri.
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YOUR HOME'S BASEMENT
50. Make it as pleasant as possible- erase all signs of dampness or mildew.
51. Increase wattage of all bulbs to brighten up.
52. Set it up as a games room or teen room -Ping-Pong table, bright posters.
53. Highlight a workbench area, dust, clean and organize.
YOUR HOME'S DRIVEWAY AND GARAGE
54. Fix up driveways for first impression impact.
55. Enlarge and improve appearance of garage with lights, clear floor, organized shelves.
YOUR YARD
56. Avoid an overgrown, unkempt look- prune, cut lawn, edge carefully.
57. Mark property boundaries if fences or lines don't exist.
58. Use flowering plants to dress up your yard.
59. Draw attention to special trees- flowers at base to draw eye in.
60. Play up flat areas- badminton set or volleyball net.
61. Set up a backyard living/dining area- picnic table or rocking chairs.
62. Let your pool help sell your home- clean, open earlier or close later, if winter, have photo of pool in summer, draw up a pool information sheet including costs, upkeep time, installation date, pool size and pool items included with your home.
E-mail Mark by clicking here or phone him at 905-828-3434
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THESE ARE IDEAS #63 TO #79, READ THEM CAREFULLY.
THEY COULD BE KEY TO YOUR SALE!
WHEN YOUR HOME IS SHOWN
63. Be willing to show your home (practically) any time -yes it's an inconvenience to show your home at dinner time, but if the people buy your home, isn't it worth a re-heated dinner?
64. Have a family game plan for last minute showing- dust the table, put the dishes in the dishwasher, have kids clean their rooms, hide those damp pantyhose hanging on the shower rod - don't dare apologize about the condition of your home! (This will start buyers out on a negative)
65. Air out your home an hour before showings- smell better, wide open windows on a nice day with a gentle breeze ruffling your curtains.
66. Set your thermostat at a comfortable temperature -this is not the time to economize.
67. Light a fire in the fireplace to set the mood.
68. Turn on lights in each room- brightens up your home.
69. Put pets out and send children to play at the neighbours (if possible).
70. Keep out of sight when your home is being shown- buyers feel uncomfortable when you're around. The benefit is they can more easily imagine the house as their own when you're not around.
71. Never volunteer information (you won't be there if you follow the previous tip). Resist the urge to tell them how great it is to have a bus stop out front for your children, as you may learn later that the prospective buyers have no children, work the evening shift and love to sleep in late in the morning.
72. Don't be compelled to apologize for what you may see as one of your home's weaknesses, you may be moving because of the traffic noise of that newly built highway, yet the buyer may be moving in your area because of the very proximity of the highway for quick commuting. Let the salesperson do the job of selling.
OTHER IDEAS AND CONSIDERATIONS
73. Draw up a floor plan if you don't have one- it's a visual selling tool and they'll remember your home much better after they leave.
74. Some purchasers want to know what your heating, electricity, water and sewer costs are per month and also sometimes want to see warranties on appliances. Have this information available if asked.
75. Tell everyone you meet that your home is for sale- why keep it a secret, word of mouth is a strong selling aid.
76. Remain optimistic, it's easy to get discouraged after your home has been shown ten or twelve times, but you've done everything to make your home more salable, so don't take it personally. Keep in touch with me, I'll be continually updating you as to market activity. Remember someone is going to walk through your front door and fall head over heels in love with your home. After all, you did.
77. Don't be afraid to accept your first offer. If you've priced your home right, we may get an offer in the first week that is very close to the asking price. Don't panic and think your home is under priced, it means that the prospective buyers appreciate your home and want it badly.
78. Don't forget that every buyer wants to feel that he has got a "deal"- that is one reason you built bargaining leeway into your price in the first place.
79. Don't be afraid to call me any time with what may seem to be the smallest of questions. That's what I'm here for, to service you and get your home sold in the quickest time, with the least amount of inconvenience, and at the best price and terms for you.
This list has come from my personal experiences and some books I have read over the years. I hope you have found it helpful and if you have any ideas, please let me know and I'll add them to the list.
Read the entire article about ideas and suggestions at my website
SETTING THE "STAGE" these are some preliminary thoughts...
You will profit by using some ideas I have compiled in the list below. Beyond the obvious considerations of location, size, present condition and design of your home, buyers look for special qualities that appeal to their emotions.
It is your job to prepare the groundwork, to "set the stage" for a buyer to fall in love with your home. Think of what has made your home so special to you and try to highlight these features. Although no home is perfect, you must try to become aware of its shortcomings. Once you do, you have the opportunity to accentuate the positive and eliminate the negatives by making your home more visually appealing.
Read the entire article about ideas and suggestions at my website
For example: a long dark hall will appear shorter if wall papered in vertical pastel stripes; or by hanging a few pictures on the walls and installing inexpensive lights above them, you will stop the buyer's eyes along the way. The monotonous tunnel effect will be immediately eliminated!
I've compiled this list of 79 suggestions and ideas to improve possible problem areas in your home. Selling your home, though rarely a "fun" experience, can be a painless and profitable one if both you and I put in the effort. It is this cooperative venture that will meet your goal of selling your home fast, with the least amount of inconvenience and at the best price and terms for you.
Copyright © A. Mark Argentino, July 16th, 1996. NOTE: Real Estate AGENTS and Web designers are warned that Absolutely NO unauthorized reproduction of this site or any other web pages contained herein, by any means, without the written consent of the author is permitted. International Intellectual and Property Copyright; 1996 through to 2005 A. Mark Argentino; originally copyrighted in Mississauga, Ontario as of Tuesday, July 16th, 1996
Mark's job is to provide you with all the information you will need to make the best decision for you and your family. To receive Mark's monthly newsletter, just E-mail him.
Of course, there are " Mark's 5 WRITTEN Guarantees " just in case you are not convinced yet that Mark is the right Agent for you!
Guaranteed Real Estate Service-"My reputation depends on it!"
A. Mark Argentino! Send Mark an E-mail
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GENERAL
1. Make those minor repairs - no matter how minor.
2. Whatever the season, do some spring cleaning.
3. Have a yard sale or pack away in boxes those items that clutter.
4. Create the illusion of spaciousness.
5. Give your rooms a light, bright look.
6. Use colour and lighting to draw attention to your homes best selling features.
7. Disguise unsightly views- remove heavy curtains, let the light in.
8. Eliminate unpleasant odors.
9. Avoid eccentricities- remove those beaded curtains!
10. Accessories can make or break a room- avoid clutter.
11. Display photos that show your home during other seasons.
YOUR HOME'S FRONT DOOR AND PORCH
12. Create a welcoming spot in colour- flower pot, paint front door.
13. Invest in a new doormat.
14. Open curtains, have sparkling windows.
YOUR HOME'S ENTRY HALL
15. Create a dramatic focal point - e.g.., flowers, poinsettia, antiques.
16. Add spaciousness with a well placed mirror.
17. Improve floor appearance here, if nowhere else (except kitchen).
18. Clean out your coat closet.
19. Create the illusion of an entry hall if you have none-narrow table, open bookcase, railing, its own lighting area.
YOUR HOME'S LIVING ROOM AND FAMILY ROOM
20. Treat these rooms as if they were stage settings-games room suggests good family life, a guitar is warm, a dictionary, half finished crossword puzzle- let the buyer imagine living in your home.
21. Highlight your fireplace, decorating the mantle or above with picture.
22. Improve traffic flow in these rooms.
23. Draw attention to exposed beams or a cathedral ceiling.
24. Don't let the TV dominate or be the focal point of the room.
YOUR HOME'S DINING ROOM OR DINING AREA
25. Set the scene by setting the table and add a centerpiece.
26. Make a large dining room into, say, a dining room and a small library or add a desk.
27. Visually enlarge a small dining area-remove leaves, place against wall, remove extra side chairs or large pieces.
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YOUR HOME'S KITCHEN
28. Use props to set the scene- open cookbook, basket of eggs, bunch of carrots on a cutting board, ceramic mixing bowl with whisk, etc.
29. Make it smell great- simmer Christmas brew, bake bread, bowl of lemons, fresh coffee, cinnamon sticks etc.
30. Expand your counter space, store small appliances, use a movable cart.
31. Create more storage space-neat organized shelves, hanging pot rack.
32. Accent kitchen windows-plants, bird feeder outside window.
33. Make small kitchen appear larger-repaint white (walls recede), light curtains, mirror.
34. Highlight an eat-in area, set the table, fruit as a centerpiece.
YOUR HOME'S LAUNDRY ROOM
35. Make it cheerful and appealing.
36. Double duty- corner table or chair, sewing area, set the stage.
YOUR HOME'S STAIRWAYS
37. Make them safe- lighting, clutter-free, rail, carpet or runners secure?
38. Add visual interest- plant stand on landing, wallpaper can narrow.
39. Improve appearance of stair treads, clean or paint.
YOUR HOME'S BEDROOMS
40. Create a master bedroom "suite" effect ("Large is Better")- avoid busy patterns, small desk, chair with lamp, etc.
41. Tackle your closets, clear clutter, clear floor, organize shelves, smell.
42. Add storage boxes under the bed if you need more storage.
43. Depersonalize teenagers rooms- at your own risk!
YOUR HOME'S BATHROOMS
44. Create a look- plants, glass bowl of shells, pictures, fresh towels, magazine rack, etc.
45. Colour- grey and rose, all white- add some accent colours.
46. Invest in a new shower curtain and/or bath mat.
47. Improve (not replace) your floor covering, scrub and clean.
48. Put out fresh towels and soap.
49. Add a pretty dish of potpourri.
Back to top
YOUR HOME'S BASEMENT
50. Make it as pleasant as possible- erase all signs of dampness or mildew.
51. Increase wattage of all bulbs to brighten up.
52. Set it up as a games room or teen room -Ping-Pong table, bright posters.
53. Highlight a workbench area, dust, clean and organize.
YOUR HOME'S DRIVEWAY AND GARAGE
54. Fix up driveways for first impression impact.
55. Enlarge and improve appearance of garage with lights, clear floor, organized shelves.
YOUR YARD
56. Avoid an overgrown, unkempt look- prune, cut lawn, edge carefully.
57. Mark property boundaries if fences or lines don't exist.
58. Use flowering plants to dress up your yard.
59. Draw attention to special trees- flowers at base to draw eye in.
60. Play up flat areas- badminton set or volleyball net.
61. Set up a backyard living/dining area- picnic table or rocking chairs.
62. Let your pool help sell your home- clean, open earlier or close later, if winter, have photo of pool in summer, draw up a pool information sheet including costs, upkeep time, installation date, pool size and pool items included with your home.
E-mail Mark by clicking here or phone him at 905-828-3434
Back to main menu
back to top
THESE ARE IDEAS #63 TO #79, READ THEM CAREFULLY.
THEY COULD BE KEY TO YOUR SALE!
WHEN YOUR HOME IS SHOWN
63. Be willing to show your home (practically) any time -yes it's an inconvenience to show your home at dinner time, but if the people buy your home, isn't it worth a re-heated dinner?
64. Have a family game plan for last minute showing- dust the table, put the dishes in the dishwasher, have kids clean their rooms, hide those damp pantyhose hanging on the shower rod - don't dare apologize about the condition of your home! (This will start buyers out on a negative)
65. Air out your home an hour before showings- smell better, wide open windows on a nice day with a gentle breeze ruffling your curtains.
66. Set your thermostat at a comfortable temperature -this is not the time to economize.
67. Light a fire in the fireplace to set the mood.
68. Turn on lights in each room- brightens up your home.
69. Put pets out and send children to play at the neighbours (if possible).
70. Keep out of sight when your home is being shown- buyers feel uncomfortable when you're around. The benefit is they can more easily imagine the house as their own when you're not around.
71. Never volunteer information (you won't be there if you follow the previous tip). Resist the urge to tell them how great it is to have a bus stop out front for your children, as you may learn later that the prospective buyers have no children, work the evening shift and love to sleep in late in the morning.
72. Don't be compelled to apologize for what you may see as one of your home's weaknesses, you may be moving because of the traffic noise of that newly built highway, yet the buyer may be moving in your area because of the very proximity of the highway for quick commuting. Let the salesperson do the job of selling.
OTHER IDEAS AND CONSIDERATIONS
73. Draw up a floor plan if you don't have one- it's a visual selling tool and they'll remember your home much better after they leave.
74. Some purchasers want to know what your heating, electricity, water and sewer costs are per month and also sometimes want to see warranties on appliances. Have this information available if asked.
75. Tell everyone you meet that your home is for sale- why keep it a secret, word of mouth is a strong selling aid.
76. Remain optimistic, it's easy to get discouraged after your home has been shown ten or twelve times, but you've done everything to make your home more salable, so don't take it personally. Keep in touch with me, I'll be continually updating you as to market activity. Remember someone is going to walk through your front door and fall head over heels in love with your home. After all, you did.
77. Don't be afraid to accept your first offer. If you've priced your home right, we may get an offer in the first week that is very close to the asking price. Don't panic and think your home is under priced, it means that the prospective buyers appreciate your home and want it badly.
78. Don't forget that every buyer wants to feel that he has got a "deal"- that is one reason you built bargaining leeway into your price in the first place.
79. Don't be afraid to call me any time with what may seem to be the smallest of questions. That's what I'm here for, to service you and get your home sold in the quickest time, with the least amount of inconvenience, and at the best price and terms for you.
This list has come from my personal experiences and some books I have read over the years. I hope you have found it helpful and if you have any ideas, please let me know and I'll add them to the list.
Read the entire article about ideas and suggestions at my website
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