Tagged : buyers

Multiple offers are a very real occurrence in the Kamloops real estate market right now. 

We are hearing about the low inventory of houses in Kamloops which is leaving buyers missing out on their choice of house due to losing a multiple offer bidding process. A good realtor who is on the ball and gets you into seeing the properties as soon as possible is a great asset but when there are a number of hard working agents in Kamloops sometimes it can come down to the offer itself and the negotiating ability of your Realtor.

So what can you do if you find yourself in multiple offers that will increase your chances of making the sale happen for you? You will want to secure the property but not over pay for it, by balancing the below tips and getting your

…

What exactly is a real estate referral anyway?

A referral is the act of sending someone to another person for help, advice, etc.  

Referrals are one of the pillars of my business. It is also one of the biggest compliments one can receive!

Over the years much of my business has come from referrals. Giving prompt, efficient and sincere attention to the needs of all my clients has earned me the reputation of being a realtor that customers and fellow realtors can trust and rely on.

Many of my friends and clients refer people they know to me, people who are looking to sell or wanting to buy a property in the near future. Word-of-mouth is a very integral part of my business, so I thank you for the vote of confidence!  You can be rest assured any

…

Finding the right real estate agent can make a huge difference in the process of buying or selling a home. 

Because searching for a home, or selling a home, may be the largest single financial decision you make, interviewing three agents is a wise exercise for you to undertake.

Which Agent Will It Be?

If you had been attending open houses before you reached this point, you have already been interacting with agents and met some that you are already considering. You had probably eliminated several before you left the open house. You may consider other agents you are acquainted with in the community. The agent you choose must be able to wear many hats. Because this process often takes time, that will be spent with that person, bear that fact

…

Making the Decision Between Two Great Kamloops Houses when buying a home

OK, house hunters, picture this: you’ve made your “need” and “want” lists; you’ve shopped around online and toured through too many houses to count; surprisingly, you’ve found more than one that fits the bill. Now, what?

Often, home buyers get so wrapped up in not being able to find the perfect house that they are taken by surprise when two great options suddenly present themselves. If you are “lucky” enough to find yourself in this situation, you may find the choice between two seemingly perfect homes is more difficult than you would have imagined. Unfortunately, time is rarely on your side when dealing with buying a home, and you will likely need to make a decision within a

…

If you’ve been perusing house listings online or have begun your search for your dream home, odds are good that you’ve run into the term “motivated seller” on more than one occasion.

This is a somewhat strange term to use to describe the seller, since you would think that every seller would be motivated. If they’re not motivated, then why are they selling? Motivated sellers are selling for different reasons and the use of the word “motivated” is supposedly enticing to buyers. Before you get drawn to a listing put up by a motivated seller, you should have a clearer understanding of what a motivated seller could actually be. The following are three different types of sellers that may refer to themselves as motivated sellers, and how to deal with them:

…

General Credit Overview When Purchasing a House in Kamloops

If you are trying to buy a new home, you have probably heard that your credit score or home buying credit affects this process. However, you may be wondering exactly how it affects your ability to buy a home. Generally, you will need a credit score of 660 to obtain a mortgage. The qualifying credit score used to be as low as 580 points. However, since the mortgage crisis of 2008, banks are becoming more conservative in their lending practices.

Did you know that your credit score affects your interest rate? The lower your credit score, the higher your interest rate will be. This means that if you have a bad credit score, you will end up paying more than somebody with a good credit score.

…

Let’s talk HOME BUYING and things that might not seem important at first.

When you buy a house without asking yourself the right questions, you sometimes end up making costly mistakes. And isn’t the whole point to save money?? Definitely!

These items below are the questions you may need to ask before jumping in with 2 feet.  I’m sharing these tips with you in hopes of helping other people make the best decisions about home buying! Its exciting buying a home and sometimes your thoughts are on what would your TV look like in this room not things that are potential problems only found after moving in.
A good Realtor will be automatically taking in and making mental notes of all these questions but its always worth asking yourself these questions and

…

A significant “negative shock” to the economy:

That’s what it’s going to take to lower interest rates again, says Canada’s most powerful banker.

And Bank of Canada head Stephen Poloz isn’t betting on that happening any time soon. Neither are bond traders, the big guns that bet billions of dollars every day on the direction of interest rates.

So let’s suppose – just for fun – that they’re right (since we all know how often markets and economists aren’t right). If we are actually near a bottom in rates for a few years, what’s the best way to play your mortgage?

Well, it just so happens that there’s an app for that. It’s called a spreadsheet and I’ve taken the liberty of putting mine through its paces and model out which mortgage term (or

…

Most real estate transactions are contingent upon an acceptable home inspection to the buyers satisfaction.  

They can also be contingent on other inspections as well, however, these inspections are not as common as the home inspection.  A qualified and experienced home inspector should find something that could be corrected, upgraded, or repaired in every home that they inspect, even newly built homes!

Just like no man is created equal, no home is created equal and each inspection report will be different.  There are items that are more commonly found during home inspections then others.  We thought it would be helpful to create a top 10 list of the most common home inspection findings that we see inspection after inspection.  This list can help a

…

When selling your home, choosing the Realtor who will represent your best interests is one of the most important and one of the first steps in the process.

 Unfortunately, many sellers do not understand how important this is or believe that to be the case.  There are specific things that you should expect from your real estate agent when selling your home.

A piece of advice if you are thinking about selling your home, do not hire a Realtor because they are just your friend or because they are a colleagues spouse.  Every Realtor is different, period.  There are many consumers who believe every Realtor is the same and they all do the same things to sell homes, which is the farthest from the truth!  Each Realtor runs their business differently,

…