Should I buy or sell first?
First, evaluate the state of the market. Is this a buyer’s market? If so, it could be more difficult to sell your house at the price you want and within the desired timeframe. On the other hand, in a seller’s market the risk end up with two houses is not very high.
What are the advantages of buying first?
In addition to knowing in advance your new address, you will know the exact price of your new residence, just as the date at which you will take possession of it. It will then be easy to make calculations when you receive an offer to promise to purchase.
Is it risky to make a purchase agreement before selling my house?
You can make a purchase agreement conditional to the sale of your house. Perhaps, if the seller receives another purchase agreement, it will ask you to withdraw the condition. You will then have two choices: to buy the house before selling yours, or to withdraw your offer. If you want peace of mind, anticipate a temporary financing which will enable you to sign a contract of purchase even if your residence is not sold.
What are the advantages of selling first?
Since you know the exact sum you receive when the house is sold, you have a precise idea of the amount which you can put on a new house. You also know when the purchasers will move in your property. All in all, you have all the necessary data to make a solid undertaking to purchase, based on facts.
How to choose the house that is appropriate for me?
The house of your dreams is perhaps not that which is the most appropriate. Before making a choice, think of these three important factors:
- Your needs: How much rooms are necessary? Will a garage be really useful? Is a third bathroom essential or superfluous?
- Your tastes: If you do not have the heart of a handyman, forget the houses which need to be renovated. If you have a charged schedule, a large land is perhaps not the ideal either.
- Environment: Is there a school or a nursery in the vicinity? Are you far or close to the services? Take time to precisely tell us your needs!
How to obtain the right price for my property?
We can help you by carrying out a market research of your sector. You will thus be able to know the value of the houses of your district and to fix with us a satisfying price for both you and the future purchaser.
What are the advantages of becoming owner?
To be owner is…
- To live in a house appropriate for your needs and your life style. May it be to make a gaming room for your children or a bedroom for your guests, you are free to arrange this space you own as you wish.
- To profit from all the advantages of a long term investment. No more rent which goes in another’s pocket! The mortgage payments that you make each month make it possible for you to build a considerable capital that you will be able to recover once your house is paid.
- To benefit from fixed payments which, according to the type of mortgage, protect you from the rises in interest rates. You are far from the unforeseeable fluctuations of rent to which the tenants are subjected…
- To enjoy a greater privacy and a renewed freedom. Because you are the only master on board, the decisions as regards restoration, decoration and maintenance belong to you. Also, nobody can enter your premise or oblige you to leave the area for means of inspection or maintenance
What are the traps to prevent if I buy a property?
Be careful of love at first sight! A residence can make a good impression on you for its charm and decoration, but does it really meet your needs? When visiting, pay close attention to the number of rooms, their dimensions, their disposition, and make sure that it is harmonious with your life style.
Do not let details scare you. Dirty carpets, soiled painting and old wallpaper can be replaced. Remember that once you own, you are free to rearrange your space as you see fit. However, make thorough calculations of the costs of restorations to make sure you don’t get nasty surprises.
Check if the price is compatible with your budget. It is important that your monthly payments do not affect your quality of life or your capacity to maintain, furnish and decorate your house to your taste. Ask us about helping you make a market research in the district that interests you.
The price of a house does not necessarily depend on its size. A small, nicely divided house can be sold at the same price as a large house that requires an important refitting. But it presents a much better investment since you do not have to invest in major work.
In what does the remuneration of my real-estate agent consist?
The remuneration of the agent is taken from the total amount of each sale. This sum does not go directly in its pockets since it assumes expenses for publicity, photography, office, transport and insurances. As independent worker, it must also envisage an amount for tax and retirement. In a majority of cases, it must also share this remuneration with the collaborator agent involved in the transaction.
What makes my agent or my broker deserve his remuneration?
Whether you buy or sell a house, we will achieve for you a multitude of tasks in order to conclude the transaction in a professional way and in conformity with the law on real-estate broking.
- Manages visits to your house or accompanies at the time of visits;
- Prepares comparative market research;
- Obtains the legal documents and the photocopies;
- Prepares strategies to sell your house (free visits, publicity and other marketing tools);
- Assists you at the time of negotiations;
- Proceeds, with you, to a complete revision of the purchase agreement and the appendices, just as with the drafting of the counter-proposal;
- Does the follow-up, compiles and obtains the necessary documents so that all the conditions are met;
- Passes all legal documents to the notary and accompanies you during the signature of all notarial deeds.
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