While myths exist in almost every industry, real estate myths can lead to major consequences when you’re selling or buying a home. Here are six myths to consider when making one of the biggest financial decisions of your life.
Always Price Your Home Above Its Current Market Price
Often, the thought behind overpricing a home is that it will leave room for negotiation. The problem, though, is that we live in a world of educated buyers who have access to endless resources. Pricing your home at its actual market value is always the best choice, and will save you from the unwanted hassle of back and forth bargaining that can lead to disappointment. When your home is accurately priced, you can prove its value and showcase the features behind the
Last weekend was reserved for couples, but singles need a little love too. That is why I pinpointed the top 3 neighbourhoods for singles in Edmonton. If you feel the desire to swipe right on any of these neighbourhoods, you'll find listings for each listed below!
Downtown: With 49% of my population single and the largest demographic being 20-29 year olds (40%), I’m the perfect neighbourhood for the young, single professional who likes a fast-paced lifestyle. My favourite places to hang out include the AGA, The Bower, Remedy, and Corso 32.
Click here to see listings in Downtown
Strathcona: When you’re walking down the streets of Whyte Ave and looking for love, you’ll be happy to know that 45% of the residents who live here are single and 43%
Do you know your credit score? Whether you’re on the lookout for a home or you’re upgrading in the near future, this three digit number can be the difference between getting approved or getting denied a mortgage. Credit scores range from 300-900, and the higher the number, the lower your interest rate, and the greater the chance that your mortgage gets approved.
But your credit score doesn’t come out of thin air. The number represents the odds that a lender will get the money back that they lend you, and the higher the number, the better the odds. If someone’s score is 580, it means that “580 people out of 850 are likely to repay their debt.” If someone’s score is 780, it means that “780 people out of 850 are likely to repay their debt.” But your
What are the best up-and-coming neighbourhoods of 2016? They are the houses that are wedged between high-value neighbourhoods with great locations, schools, shops, stores, parks, and more, but have avoided the high price tags that are usually associated with the surrounding area.
2014 to 2015 Changes In House Valuation: $444,557 to $464,599 (up $20,042)
This South Central location is quickly becoming one of the most desirable areas in Edmonton for families. Parkallen, which is bounded on the north by 71 ave, to the west by 113 st, to the south by 61 ave, and on the east by 109 ave, is in close proximity to the University of Alberta main campus, the LRT, the University of Alberta Hospital, Whyte Avenue, and Southgate Centre. From
I have had the pleasure of working with Chris and Patti through several real estate transactions. They both work very hard for the clients, and always put the clients interests first. I wouldn't hesitate to recommend the Proctor team to family and friends.