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Getting your home sale or purchase right

Autumn is in full swing, but the real estate market hasn't slowed down yet. Whether you're purchasing or selling, there is a wealth of information available to help you on your way.

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Whether you're buying a new home or selling an existing home, you're bound to have questions along the way. The best way to ensure your home sale or purchase goes smoothly is to be as informed as possible before diving in. Consulting a professional Real Estate agent and a Mortgage Broker is a good place to start. Having professionals at your disposal when you have questions gives peace of mind.

If you're buying a new home, ensuring you have a mortgage pre-approval in place should be the first order of business. It is also helpful to set aside approximately 2% of the prospective home's purchase price for closing costs, legal fees, and land transfer tax. Research your preferred neighbourhoods, do your homework and ask lots of questions.

When selling, preparation is key. Most buyers will prefer the home to be move-in ready, so staging the property for sale is important. Declutter and remove personal items, making the space as neutral as possible. Potential buyers will want to be able to imagine themselves living in the home. Possibly the most important factor when selling a home is ensuring it is priced properly. Consult your real estate agent and research comparable properties in your neighbourhood to make sure you are pricing the home to sell.

Click here for the full article, and step-by-step buying and selling guides.