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Understanding the Offer to Purchase Form is essential once your house hunting expedition is a success! You have found the perfect home, one that satisfies your needs, most of your wants- and best of all, fits your pocketbook. Now comes one of the most important phases of your home-buying experience: making an offer to purchase the home.
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.
Home value sometimes referred to as "Value in Use", is best described as the probable price at which a home trades in a free, competitive, and open market and is synonymous with the market value.
The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain. This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer.
When should I sell my home? Your answer to this question might be right now! If you have taken a job in another city or made an offer on a new home, or had an addition to your family, selling your home fast might be the most important goal you have. Most people, however, have some flexibility when they sell their home. Let us take a closer look at the most important factors that can go into this decision.
There are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition. Experienced sales people know that you only have one shot at impressing potential buyers, so take some time to prepare your home for showings. You will be rewarded with a faster sale and a higher offer.
Your "Expert Advice and Outstanding Results"Team Liz and John Stevenson, Andrea Streich, Sales Representatives with Royal LePage Real Estate Services Ltd., Brokerage, (416.236.1871) work primarily in the West Toronto districts of Alderwood, Bloor West Village, Bloordale Gardens, Centennial Park, Chestnut Hills, Etobicoke, Eringate, Glen Agar, Humber Bay, Humber Heights, Humber Valley Village, Islington, Islington Village, Long Branch, Kipling, Kingsway Village, Markland Woods, Mimico, Mississauga, New Toronto, Princess Ann Manor, Princess Margaret, Princess Gardens, Queensway, Richview, Sunnylea, Six Points, Swansea, The Kingsway, The Queensway, Thorncrest Village, West Deane Park. Call Liz+John Stevenson for all your Real Estate needs in the TREB MLS districts of W1, W2, W3, W6, W7, W8, W9, W12, W13, W14, W15, W16. It's Where Trust Begins!
