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UNEXPECTED & EXPECTED
SELLING COSTS
Professional Home Inspection
An advance home inspection is the best way to find and rectify any serious deficiencies in your home. Once area of concern are rectified, not only helps to ensure that the transaction goes through, but can often translate into getting a top-dollar selling price as well.
Fix It First
Sellers should note most buyers will not be able to visualize what your home will look like once the work is finished. Buyers will overlook the potential your home has to offer them and instead be stuck on what efforts are required; time & money.
Your Home’s Curb Appeal
The moment a potential buyer pulls up to your home a feeling will instantly come over them whether or not they are excited about viewing your home. Don’t lose them before they walk into your home. Your curb appeal should be well manicured and welcoming. A professional landscaping company are affordable. Weeds are not attractive, if you cant take care of the outside of your home potential buyers will feel maybe they too wont be able to have the time or energy as well.
Roof and Chimney Inspection
First questions any potential home buyer will ask, ‘when was the roof replaced and when was the chimney last inspected? Sellers will need to have thee knowledge on this information. In repairs or inspection are needed, a professional is advised.
Esedroff
You might require assistance if you are unable to get up onto a ladder to make sure your esedroff run off is up to code to prevent water damage to your house structure. Free and clear of all leaves and debris all year round.
Kitchen & Bathroom
When investing in your investment, The Kitchens and Bathrooms are huge deciding factor for potential clients who are looking for a move in ready home. Updating and modernizing these rooms will make buyers excited upon viewing.
Painters
A fresh coat of paint can not only improve the look of a home but can eliminate smells as well. If you are a smoker, having the walls cleaned and painted is highly recommended.
Professional Organizers / Cleaners
If you have owned your home for over a decade i'm sure you have things collected over time that you have become unaware of still owning. Getting your home offer ready can be challenged especially not knowing where to start, the help of a professional organizer and cleaner will help keep you on track.
CLOSING COSTS
COMMON & HIDDEN CLOSING COSTS
Legal Fees
Lawyer's fees vary, but often have structured fees for the purchase and sale of homes posted on their websites. Sellers pay in the area of $1000.00 for a lawyer to look after the legal details necessary to close their home.
Mortgage Fees
Check with your mortgage lender to determine if any costs will occur when transferring or releasing your mortgage. There is sometimes what is referred to as a discharge fee to remove the mortgage from title that can range from $100 to $250.
Disbursements
These fees cover additional legal expenses such as travel, copies, couriers, registration fees and preparing documents transfers. Disbursements can range upwards of $500, but can sometimes be built into your legal fees.
Adjustments
It's difficult for a home seller to calculate exactly how much money is owed to which utilities on closing day. Your lawyer will ensure that any overpayments or deficiencies on rents, mortgage interest, property tax and utility charges will be corrected, and buyer and seller will be credited or charged accordingly.
Realtor Fees + HST
When having a realtor represent your home for sale comes at a cost, the efforts of a full-service brokerage usually will be at the common 5% + HST, this includes the efforts of the buyers agent representing the buyer a even split 2.5% + HST to both sides involved. Realtor fees are up for negotiation, but if a realtor cant negotiate why they deserve the 2.5% and the importance of providing the buyers agent the same percentage then how are they going to fight for you when offers start to roll in?
Harmonized Sales Tax - HST
In a real estate contact will read either Included In, meaning the seller will be responsible for paying the HST at close, or it might read In addition requested by the seller which means the buyer will be responsible for the HST come closing.
COMMON COSTS
AFTER CLOSING COSTS
Moving Costs
Moving costs vary based on location and the amount of possessions being moved. If you're moving yourself, you should factor gas, rental vehicles and moving supplies.
Home Seller Costs
There is always cost associated with selling, some costs you can avoid and some you cant. Its up to the home seller just how much they want to invest in their home getting it open market ready and what costs they can element come closing time. Having a wealth of knowledge to help keep your budget on tract will help give you great insight on the sold price you are aiming for. Having this knowledge will help you understand whats expected after deductions come closing time.
HOME SELLERS
SELLING COSTS
COMMON COSTS
BEFORE LISTING COSTS
Roof and Chimney Inspection
First questions any potential home buyer will ask, ‘when was the roof replaced and when was the chimney last inspected? Sellers will need to have thee knowledge on this information. In repairs or inspection are needed, a professional is advised.
SELLERS CONSULTATION
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