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Buying and selling real estate involves large monetary transactions, so it’s no wonder that fraudsters can be drawn to the real estate world. Real estate fraud can come in many forms.

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When you’re looking to buy a home, it’s easy to forget that the purchase price is just one of many costs associated with ownership. These costs can add up and take an unexpected chunk out of your budget. So it’s important to understand the full cost of buying a property.

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So you’re ready to buy or sell a home. And you want the guidance of a knowledgeable real estate professional to help you with the process. But with nearly 66,000 real estate professionals in Ontario, how do you pick the one that is right for you?

 

“It’s always a good idea to meet with at least a few different real estate professionals before selecting the one you’d like to work with,” says RECO Registrar Joseph Richer. “Consider asking friends or family to recommend a broker or salesperson they have recently worked with.”

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When selling, you will want to ensure that your home is priced correctly to attract buyers while maximizing your bottom line. Buyers also want to be sure that if their offer is accepted they will not feel like they have overpaid. In addition to trying to get a good comparison of locally sold homes, the attributes of your specific home will be a significant part of the decision as to what a home is truly worth. The outside may look the same but that is all you can see.

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Hopefully this will help you as the process of buying a house can be scary for the first time buyer. There is so much money involved and the commitment to a mortgage is a big decision. This is where the Realtor comes in.

 

One of the facts that most first time buyers do not realize is that The Realtor costs them nothing.  The process goes like this. 

 

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