Looking for your perfect home is always a challenge, however finding one with special requirements that is specific to a particular need is another...
I’m starting to see a more popular buying trend with people not only looking for homes that are great family homes for their kids, but that also offer adequate backyards, running space and amenities that can also cater to our other beloved children… our doggies!
I joke around that I sniff out the best real estate deals in and around the Island of Montreal that is best suited for our four legged babies because of this new buying trend.
The three repeated words that seem as obvious as the word itself, Location.
The official definition based on the Merriam-Webster dictionary is “a position or site occupied or available for occupancy or marked by some distinguishing feature”. Therefore, the position of the property, in relation to the area, that has distinguishing features to buyers is what makes the location so important. When one thinks of Beaconsfield South along the Lakeshore or Westpark area in DDO, we associate it with well to-do people or families because there location has prestige and sells well because they are in high demand for wealthy professionals.
For some, buying a home without a buyer’s agent seems like an easy enough thing... You get pre-approved at the bank, visit countless places until you fall upon the one you love and put in an offer.
But, did you know that since the new Real Estate Brokerage Act came into force on May 1, 2010, buyers are no longer represented in a real estate transaction when dealing directly with the listing broker.
This is one of the many reasons it is so important to have your own representation and work with a buyer’s broker when looking to purchase a property.
All my single ladies... All my single ladies!!! Really... who needs a relationship when you can buy your dream home on your own? I’ve met many buyers in my career and as a busy real estate broker; one of the thing I’ve always admired was the single ladies buying their dream homes on their own. I bought my first condo at 24 years old. It was my first foray into real estate. I got a two bedroom, one bath, 700 sq.ft. condo near the Plateau. It did have paper thin walls, but the location was amazing and the potential to renovate was better. It was steps from Sherbrooke Street and six blocks from the Main. It was my first big investment and when I sold it a couple years later, I made enough money to start my real estate portfolio - but I digress...
As the ever changing market starts to shift from what was a strong balanced market to a buyer’s market, the question remains... what do I buy, when do I buy, and where do I buy??? The quick answer to this is... BUY NOW AND BUY CONDOMINIUMS!!!