Wednesday, July 9, 2014

Consider The Following In Buying A Home

By Rosella Campbell


The city of Oakville ON is a nice place to start a family. You might be interested in buying a home in Oakville. To save you the hassle, it would be best to connect with a real estate company. This company is selling the market properties on behalf of their owner. They get a cut selling these properties to interested buyers. They also employ real estate agents.

These people are either regularly employed by the company or they are working freelance for the company. Either way, you can deal with any of these real estate agents as long as they are reputable in the business. The real estate agent helps the company or the owner of the property find buyers. If the buyer buys the property, he gets a commission.

Many property owners and real estate companies still use the traditional way of advertising their properties. Get the necessary information that you need about the property. Know how many square meters the area of the house is and the lot on which the house stands. Check out the picture of the house.

All he needs to do is put up some pictures or video of the property and write the necessary description. He should include the price of the property, the terms and conditions, the location of the property, the floor area, the lot area and among many things that are important and the buyer wants to know.

The terms and conditions may include but is not limited to the agreement as to who is going to pay for the tax and the processing fee. The buyer and the seller can negotiate how to go about this. It is up to the seller and the buyer how they are going to split the responsibility. Sometimes, the seller shoulders the taxes especially when this is rush sale or he badly needs the money.

When you work also with a real estate agent, make sure that this is a reputable individual. Check first if he is regularly employed by a real estate company because the thing is he can also be a freelancer. Make sure that he has a professional license.

Real estate agents also need to have the proper education and training and they need to pass a license examination given by the state where they want to practice their profession. Do not work with someone who does not have a professional license. There should be a contract of sale.

Read the sales contract of the company and understand the terms and conditions stated therein. If there is anything that is vague to you, call the attention of the company. Let them explain that part. It would be better if you have your own lawyer and let him interpret it for you.

This means the company having a business permit and a professional license at the very least. Check the Better Business Bureau to verify the background of the companies. Check payment options with the company. They should inform you how much you will pay for everything. Check business directories to find more companies to consider.




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