Windsor Real Estate Blog

Canadians continue to be optimistic about the benefits of home ownership, including its advantage to consumers as a safe investment. Low mortgage rates have resulted in a seller’s market in many cities, although the Canadian Real Estate Association (CREA) recently noticed a slowing of that trend, with a rising number of new listings resulting in a more balanced national resale housing market. Demand remains very strong, but as CREA President Georges Pahud points out, “The rise in new listings means that buyers may shop around more before making an offer.” In this ever-changing market, you’ll want the services of a professional real estate sales representative on your side, to ensure the smoothest, most successful transactions possible. And you’ll certainly want to be aware of the many things that could adversely affect the ultimate success of any real estate deal. First of all, if the sale is contingent upon you doing something —a home repair, for example — make sure you do it, and do it well. The buyer will notice if you do a cheap patch job instead of a thorough repair. Equally important, be sure to keep up with your regular home maintenance. You don’t want to give the buyer any cause to consider backing out of the sale. Aside from the physical condition of the home, make sure your fi nancial footing is steady. For example, a title search will turn up if there’s a tax lien on your home. Be aware that any liens need to be paid off before the sale can go through. For more tips on how to navigate the smoothest real estate transactions, please visit windsor real estate.