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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. You may likely be asked to sign a buyer's agency agreement. What is a Buyer's Agent Agreement?

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Signing the purchase agreement: 1-3 days. So if you list your home on Jan.

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The Friday Rant: Hate To Say I Told You So!

Toronto Realty Blog

Let’s rewind… Back in October of 2017, a pre-construction, stupidly-named “Museum FLTS,” was cancelled. I told them that I had been writing about the perils of pre-construction condos for a decade and that there was nothing they could “do” about this cancellation.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

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How New Legislation Could Kill Condominium Construction

Toronto Realty Blog

When the government mandated a 20% down payment on properties of a $1,000,000 purchase price or higher, that meant that $800,000 properties shot up to the high-$900’s essentially overnight. ” This could be in the form of reduced rent, reduced sale price, or the government “buying” the units from the developer.

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Monday Morning Quarterback: Mandatory Cooling Off Periods!

Toronto Realty Blog

I mean, I suppose I’m indifferent towards it, but now every other commercial on television is Wayne Gretzky, or Georges St. Announces 3-Day Cooling Period For Home Sales To Reduce Risk To Buyers” July 21st, 2022. Here’s an article that ran last month: “B.C. There is no end to possible conditions in real estate.

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Get Ahead of Appraiser Required Repairs: How Sellers Can Avoid the Most Common Closing Killers

HomeLight

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. So how can you know what kind of repair issues could potentially derail a sale — before you even have an offer?

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