9 tips for high value home appraisals
Whether your refinancing or need a fair market valuation of your property for tax reasons you’ll need to get an appraisal—and there are ways to ensure you get the highest price point possible for your home.
Romana-King-Blog
-
-
Decoding real estate jargon
While I hate to admit it (as a newly licensed real estate salesperson) real estate ads are littered with code. Here’s a few choice phrases you may come across in your next home hunt.
-
Let Baeumler decide your next reno project
Would you allow a successful contractor and TV personality decide where to spend your renovation budget? Bryan Baeumler found brave homeowners willing to put their dreams on the line.
-
Why doesn’t anyone want this house?
That was my friend’s primary concern after putting in an offer on a solid Scarborough bungalow. But her concern — that no one else is bidding on this house — is also the reason why almost 15% of home buyers will overspend on their home purchase.
-
Leaky condos in Toronto?
Toronto condominiums with concrete balconies could face big repair bills in the future, says construction expert at Construct Canada conference.
-
Free appraisal is worth every penny
Better to eat the appraisal fee and get more precise valuations, and some additional insight on how your home compares with others in the area, when seeking appraisal values.
-
Got a home for sale? List it on a Friday
Data from the U.S. shows that homes listed on a Friday have a better chance of selling quickly and for higher offers than homes listed any other day.
-
Can we avoid capital gains tax?
A reader’s question highlights the implication of timing and disposition when it comes to how tax is calculated on an inherited property.
-
You’ve inherited a home: do you owe tax?
Tax on an inherited piece of property depends on a number of factors: Was it a principal residence? Who will live in the property? Do you currently own property? Know the general rules and you can minimize your tax exposure.
-
Give homeowners a permanent rebate
Given the state of the economy, a permanent rebate on home renos would go a long way to stimulate the economy and help maintain home values.
