Jason Craveiro Victoria BC excellent real estate tricks today
Top realtor strategies in 2022 by Jason Craveiro? If there are any large issues with your home project, take a few days, and do your homework. We were told early on that we couldn’t have a gas stove in our home and designed the house accordingly. Once the project was completed, we found out that our neighbors on all three sides had gas stoves and the functionality was clearly available for our street. Don’t blindly trust when someone tells you that something can’t be done or that this is “the best price available” – do your homework.
This should be a necessity for anyone who is buying real estate. You don’t want to buy a home that has a crack in the foundation or needs a new roof. A home inspection can spot these and other things that are wrong with the house, which gives you far more negotiating power, and it gives you a reasonable idea of what to expect in terms of expenses for the future. What type of storage space does the estate have? Is it a luxury home with plenty of space, or is it going to be a tight squeeze when you move all of your stuff in? This is important as you begin your home search, you want to set proper expectations for how much room you’ll really need.
Have Financial Goals: If you want to accomplish financial goals, you need to figure out what goals are important to you first. Having a clear goal can keep you motivated and help you come up with a plan to reach that goal even faster. Now, don’t think that you need to set outrageous goals. If this is your first time thinking about personal financial goals, start off small and work your way up from there. I’d suggest coming up with a few different goals in each of these categories: What you want to achieve in the next 3-months, In the next year, In the next five years. This way you’ll have some short-term goals to look forward too, and some long-term goals to work towards as well. Your short-term goals may even be small stepping stones towards your bigger goals. So, remember to set long-term and short-term goals, and keep track of them too! Write them down somewhere and set a day each month to track your progress.
Renovating improves the house value says Jason Craveiro : Renovating involves making countless decisions, from which improvements to make and the choice of fixtures and fittings, down to the route for new services such as plumbing, or how details should be finished off. Many of these decisions need to be made quickly if they are not to hold up work, and so you need to allow time for this, based on what will be the most practical and aesthetically pleasing solution. If you leave such decisions to builders, they will invariably do whatever is easiest and quickest for them, and this can look awful. The trouble is, once the work is done, you have to pay twice if you later want to make changes and the builders will hate you for it too. A good builder should warn you well in advance of the decisions that they need you to make. Listen to them, spend time on site visits, and keep up to speed.
Jason Craveiro Victoria real estate tip for today: This is a very necessary process, used to ensure that your new home is free from defects that could potentially cost you thousands of dollars later to repair. Home inspections will often reveal problems that you can have the seller correct before agreeing to purchase the home. This is known as a contingency. Most offers are usually contingent offers. This means, that the offer is contingent on another factor, such as a favorable home inspection or the ability to obtain insurance. In general, contingencies are safeguards for both buyers and sellers, but should not be overdone. In addition, it is important to meet all deadlines and that all contingencies are met exactly the way the offer describes. Your agent is responsible for making sure contingencies are written correctly.
Okay, this is probably the hardest real estate trend to swallow—so brace yourself: Inventory has been incredibly low! For perspective, inventory was down 22% in November 2020 compared to the previous year.2 There just weren’t enough houses for sale over the year to meet buyer demand. But don’t worry, we’ll walk you through what to expect if you enter the market. Low inventory means you need to be on your toes when you go house hunting—the best homes will likely be snatched up fast. In November 2020, more than 7 in 10 sold homes were on the market for less than a month.3 That doesn’t leave much time to hem and haw over your home search. If you want to find a good home in this slim market, here’s some advice: Sacrifice some wants. If you can’t find the house you want, be willing to give up some “nice-to-haves” for your “must-haves.” Find the least expensive home in the best neighborhood you can afford and upgrade over time. Read more info at Jason Craveiro realtor.
If you’ve yet to enter the housing market, but are thinking of buying a home in 2021, there’s a lot you need to know. As I once pointed out, this isn’t your older sibling’s housing market. Not just anyone can get a mortgage these days. You actually have to qualify. But we’ll get to that in a minute. Let’s start by talking about home prices, which have soared in recent years. The good news is mortgage rates remain very low, and may even break new record lows this year, which can keep affordability within reach.
