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Buying a Home

Posted by Ray Smith on May 28, 2014
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The Ottawa Real Estate Board has approximately 2700 (plus) registered brokers and salespeople in the Ottawa area. BuyRentOrList.com wants to help with your home real estate choices. Some home owners want to sell their own home – For Sale by Owner, others want to use a real estate agent.  It is important for you to pick the right one when selling or buying your dream home. With the average price of an Ottawa home (2011) about $343,701 (a 5 % increase from 2010), it is extremely important on who you choose to help sell or buy your home. Its 2013 and prices are on the rise once again. Let BuyRentOrList.com help you sell your home. Buy Rent or List is in every major Canadian city and many smaller rural areas. (Calgary, Edmonton, London, Montreal, Ottawa, Toronto, Vancouver and more)

No matter where you live, you may want to save thousands by selling your home yourself. Many clients are looking online for homes just like yours. The lawn sign is another great way to attract a potential buyer to your home. If you have a question, email Buy Rent or List. We would love to help.  We are already endorsed by the Top Ten Network. See our featured article on www.OttawaTopTen.com as one of your top home owner real estate marketing choices.

There is understanding mortgages, long term rates vs short term, fixed vs variable, the difference and savings of making weekly payments instead of monthly. Downpayments and what it means to put 5 percent down or 25 percent. How does CMHC work and what does it costs.

Then there is location. Everybody has heard the saying, “location, location, location,” but what does it mean? Is it near schools? Is there future development coming? Is it in a flood zone or high crime zone? Will something be built that blocks your view? Are there bus routes? Is there a lot of noise, excess traffic? Personally when I helped people buy homes, I asked them to visit the same home at different times of the day. I suggested talking to neighbors. Asked about the history of the neighborhood. The military always bragged that time for reconnaisance is never wasted.

Will you agent accomodate your schedule? Will he respect your limits? Who does he really work for? Is his job to get the most money for the seller or the lowest price for the buyer. You need to ask questions and you need a great agent. This writer will interveiw Ottawa real estate agents and publish the findings here. We will find you the top ten real estate agents in Ottawa just for you.

* A new home is a newly constructed or substantially renovated home.

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