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 | | BUYING HOME CHECKLIST | | | | | |  | | HOME VALUES | | | | | |  | | OFFER TO PURCHASE FORM | | | | | |  | | HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE | | | | | |  | | STAGING… FOR A FASTER SALE AND HIGHER PRICE | | | | | |  | | HOW DO REAL ESTATE PROS PRICE A LISTING? | |
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 |  | | August 2008 Edition | |
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BUYING HOME CHECKLIST |
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BUYING HOME CHECKLIST |
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| 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. |
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HOME VALUES |
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HOME VALUES |
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| 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.
market value:
Market value is the highest price in terms of money, that the property will bring to a willing seller if exposed for sale on the open market; allowing a reasonable time to find a willing buyer, buying with the knowledge of all the uses to which it is adapted and for which it can be legally used, and with neither buyer or seller acting under necessity, compulsion nor peculiar and special circumstances.
subjective value/objective:
Subjective value exists in the minds of the potential buyers and seller. |
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OFFER TO PURCHASE FORM |
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OFFER TO PURCHASE FORM |
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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... |
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HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRI |
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HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE |
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| A hot market is a "seller’s market". During a seller's market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. |
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STAGING… FOR A FASTER SALE AND HIGHER PRICE |
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STAGING… FOR A FASTER SALE AND HIGHER PRICE |
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| 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. |
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HOW DO REAL ESTATE PROS PRICE A LISTING? |
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HOW DO REAL ESTATE PROS PRICE A LISTING? |
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| A very accurate saying is that "Any home will sell once you get the price right." Of course, this is usually said from the perspective of dropping a price until it's too attractive to pass up. Actually, the accurate pricing of your home prior to listing is as much an art as it is a science. |
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| Deborah Murchie and Christopher Pitman | | Broker/Manager
260-3383,
drmurchie@rogers.com
Chris Pitman, Sales Representative/Relocation Specialist, 238-4497, homeliferecruiter@rogers.com | | | HomeLife Regal Realty Inc. | |
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| 110 ALDERWOOD Drive, FREDERICTON |
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| 94 A & B SKIERS LANE, HAINESVILLE |
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| 111 LEAFWOOD Crescent, FREDERICTON |
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| 32 TAMARACK Drive, LINCOLN |
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| 36 MERCURY, HANWELL |
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| 669 WATERLOO ROW, FREDERICTON |
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