THINKING OF BUYING, BUILDING OR SELLING LATER THIS SPRING?

  • Buying a home – for those of you who were hoping to buy later this spring or summer, it is a great time now to get prequalified for a mortgage, establish a rate hold, and start your research into what the market will offer in your price range.
    • Once pre-approved, your mortgage rate typically can be held for 120 days (depending on lender).  You can meet with mortgage brokers from the comfort of your own home via Zoom.  If you need help finding a mortgage broker just shoot me a note.
    • Researching the market is the perfect thing to do right now.  I will help you with this, send you statistics on what your neighbourhood of interest is doing, and what options you might have in your price range.
    • There is limited product on the market right now because many have terminated their listings.  We do however expect new listings and new buyers hitting the market as soon as pandemic is behind us.  So get qualified now, do your research now, and be ready for when the market opens up again.
  • Building a home – for those of you who were hoping to build a home, this is a great time to do research.  Many builders are offering incentives right now to lure potential clients through their virtual doors.
    • I have been hosting three-way client/builder/realtor meetings via Zoom.
    • Virtual meetings allow us to compare plans and pricing, and to compare price points of various builders.   These are detailed meetings pouring through all the details of construction drawings, plot plans, pricing, finishing, etc.  Yes, all doable from the comfort of your own home.
    • And yes, I will negotiate and get you the best price possible with any of the builders
  • Selling a home – for those of you who were hoping to sell, it is a tricky time.  My honest advice is to prepare now and list later.  But this doesn’t mean do nothing now, indeed it means the opposite.  Preparing a home for sale usually takes a few weeks, and I am working with clients right now (virtually) helping them prepare their homes for listing after this pandemic is behind us.   Right now is a great time to –
    • Establish best likely timing to hit market
    • Establish likely price point
    • Figure out what needs to be fixed now in order to be able to list later
    • Make a list of things that need to be removed before listing
    • Make a list of staging items I’ll need bring in to ‘fine-tune’ the home’s presentation a few days before we list