Did you know… nothing smells of desperation more than a house hunter’s personal note to a homeowner? But the heat of some U.S. markets is forcing buyers to dab on that heady fragrance. Unfortunately, that odor doesn't necessarily clinch the deal in a competitive market. Here’s an example from the Boston Globe this week, chronicling the attempts of one prospective buyer to woo a sporty seller:
“’The garage would be a great place to store my kayak,’ (that) aspiring buyer, a non-kayaker, wrote to (the) kayaking owner.”
Be warned: Sellers can smell a phoney.
Did you know… television personality and venture capitalist Kevin O’Leary believes that American real estate markets are still ripe for Canadian buyers? Check out what he has to say HERE.
Did you know… a penthouse condo at the Fairmont Pacific Rim in Vancouver recently sold for an astounding $25 million? Originally listed at $28.8 million, the condo was sold to a mystery buyer. Click HERE for more.
Did you know… many home sellers would relish being a fly on the wall during a showing of their home, but one seller ended up as a lump on a bed. Forgetting that a showing had been scheduled, she awoke one morning to hear the sounds of voices in her house. When the agent and clients entered her bedroom, reports industry site realtydrama.com, the petite woman threw the covers over herself and played possum. Despite the messy bed, the open house went smoothly..
Did you know… new residential builds are on the rise in Canada? Many new properties have sprung up since April, and that is likely to whet the appetite of investors. Click HERE for more.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate