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Hasty REAL ESTATE move can prove costly to Canadians - avoid these 7 mistakes
Selling your REAL ESTATE in Canada is one of the biggest moves Canadians ever make financially. Unfortunately, too often just seven costly mistakes can seriously damage their finances for years to come. Avoid these errors:
1. Moving too Quickly
When possible take a second look at your real estate and
property choices. Do not be emotionally attached to your first
2. Not Consulting a Solicitor
Before submitting your offer have your solicitor review it. The few dollars you might save in legal fees could prove much more expensive later one. You can even get a lawyer online these days.
3. Not knowing the Market Value
Check out recently sold properties and their value. Do pay too
much or sell for too little. Either option is too expensive
for you to recover.
4. Not consulting a professional
Make offers conditional upon the home being inspected by a
qualified home Inspector. The couple of hundred dollars will
be among the best spent ever.
5. Not protecting their interest
Insure you have a pre-approved mortgage or your offer is
conditional upon financing. Do not get caught with two homes
because you didn't correctly word your purchase offer.
6. Having a moving date on the last day of the month
Moving companies tend to charge a premium on the 15th and last day of the month.
Editors Note: Check with MovingDirect for up to six free no-obligation quotes from leading North American moving companies.
7. Not having access to property
Include in your offer access to the property prior to closing
to ensure it is in the same condition. Just because the
sellers appear to be nice folks, do get caught after the fact
wishing you had been more vigilant in your house hunting
Making sure your REAL ESTATE dealings avoid these seven simple but costly mistakes will hopefully make any move an enjoyable one.
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