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Real Estate Resources

Welcome to Real Mortgage Associates Mortgage Broker Resource Centre.  Browse through our articles to see what's new and learn useful tactics and techniques for Real Estate.  

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HOW TO WIN BIDDING ON A HOME WITH MULTIPLE OFFERS

HOW TO WIN BIDDING ON A HOME WITH MULTIPLE OFFERS

  What can you do to increase your chances of securing the home of your dreams in a multiple offer scenerio? Here are a few tips that may help you succeed in winning your new home:     HAVE 20% DOWN PAYMENT   Do your best to save 20% of the cost of the home ... Read More
 

What Type of Mortgage Should You Get?

If you are buying a home with less than 25% down payment your choices of mortgage products and terms are somewhat limited…3 year fixed rate or longer under the regular CMHC Program and 5 years fixed rate or longer under the 5% down program. However, if you are not constrained by the insurance requirements of ... Read More
 

Real Estate Tips: Winning the Bidding Wars

Hot real estate markets bring out the worst in everyone. Vendors become greedy and demanding. Buyers become desperate and frustrated. And real estate agents get caught in the middle as they try to negotiate offers that are acceptable to both sides of the transaction. Hot markets usually mean multiple offers will be received for just ... Read More
 

Negotiating Tactics & Strategies

In a perfect world, real estate closings would occur over night, sellers would keep every promise made, and both buyers and sellers would negotiate openly and fairly. Unfortunately, welcome to the real world where buyers whittle at the purchase price, closings are postponed, and both sets of players use negotiating gambits to win advantage. No ... Read More
 

Real Estate: Buyer Tips for Negotiating Price

WRITTEN BY JULIE GARTON-GOOD You want to make every dollar count in the purchase of your home. And one way to make it happen is to employ sound negotiating tactics that make a difference between small cents and dynamic dollars. So let’s cover steps you can take to negotiate a fair price with sellers and ... Read More
 

REALTORS: Why You Need a REALTOR on Your Side

Like a Mortgage Agent, a Real Estate Agent/Realtor is here to help The deal sounded too good to be true: a two-story town home, completely gutted and refurbished according to my specifications and design preferences. Coordination of contractors’ services and all aspects of the closing and financing were to be handled by an in-house development ... Read More
 
Multiple Offers: How Can You Compete?

Multiple Offers: How Can You Compete?

WRITTEN BY BLANCHE EVANS In a hot market, there are more buyers than homes for sale. Prices may rise, and the days a home is on the market may shorten to a week or even less than a day. Some homes will sell before they are even registered in the local MLS. That means that ... Read More