window on wasaga - october 2000
Post on 18-Mar-2016
218 Views
Preview:
DESCRIPTION
TRANSCRIPT
Worth
Checking Out
In
October
Successful Offer Secrets Revealed: Top 10 Questions About Buying A Home
Compiled for happy clients by:
Bruce Johnson Sales Representative
Mary Johnson Assistant
RE/MAX of Wasaga Beach Inc.
1263 Mosley St., Box 490 Wasaga Beach, ON L0L 2P0
email: brumar@simcoe.net
www.thehomehunt.com Tel: 705-429-4500 Fax: 705-429-4019
A Lively Source of Real Estate & Community News October 2000
Y ou’ve just found your dream home and are
ready for the next step: The Offer of
Purchase and Sale. So what’s the best way
to decide how much to offer for a house? Consider
the following factors: 1. What is the advertised price of the house? Most buyers treat this as an estimate of what the
seller would like to receive and recognize that different sellers price houses differently. Some
sellers deliberately overprice, others ask for close
to what they want and a few (often the cleverest!)
underprice their houses in the hope that potential
buyers will compete and overbid. 2. What can you afford?
Be sure to factor in mortgage and legal fees, land
transfer tax and closing costs along with heat,
hydro and municipal tax payments. 3. What are the recent comparable sales?
Before making an offer, you should know the
selling prices of nearby houses similar to the ones
you're interested in buying. For reliable comparable
prices (or "comps"), follow these guidelines:
The sale should have occurred within at least
six months. The hotter the market, the more
recent the comp should be.
It should be for a similar house in terms of age,
size and type and number of rooms.
It should be geographically close to the
house you want to buy. 4. Is the market “hot” or “cold?”
In competitive areas, homes sell
quickly—and often for more than
the asking price—as bidding wars
erupt among frenzied buyers. 5. What are the seller's needs?
Price alone is not the only
factor for sellers. Your flexibility and sensitivity to the seller's
needs—whether it's a quick closing or
extending the closing date for a seller
who can't move for a few months—may
make or break your offer. 6. Is the house uniquely valuable to you?
A modest house near a school listed at a
reasonable price may be a bargain if you have three
kids. However, the same house may be overpriced
for a couple not planning to have children.
Remember your personal needs.
7. How much are you willing to pay?
While tactical considerations—the temperature of
the market, the seller's needs—are important,
nothing should outweigh your own honest
assessment of how much you are willing to spend. 8. How can I protect myself in an offer?
Offers almost always contain conditions—events
that must happen within a certain amount of time or
the deal is void. Buyers make offers conditional on
financing, home inspections and the sale of their home. However, the more conditions in an offer,
the less likely the seller is to accept it. 9. What are useful offer strategies in a competitive market?
When demand is high, homes sell quickly. Think twice before you get caught in a bidding war. Even
if you decide that a house is so attractively priced
that you want to try to preempt other bidders by
making the highest offer, it's crucial that you stick
to a set limit. To force a quick decision, buyers
often give the seller a short time period to deal with
their offer. 10. Does a home seller have to take the first offer that comes in?
Whether it's the only offer or the first of many, a
seller does not have to accept any particular offer.
If a bid is far below asking price, the seller is likely
to reject the offer on the spot. But even attractive
offers are rarely accepted as written. Sellers usually
respond with a written counter offer accepting
some, even possibly most, of the offer terms but proposing certain changes. Most counter
offers correspond to these provisions:
Price—the seller wants more money
Occupancy—the seller needs time to
move
Sale of buyer’s home—the seller
doesn't want to wait for this to occur
Inspections—the seller wants the buyer
to schedule them more quickly.
The buyer may accept the counter offer, reject
it or present a “counter counter” offer. The negotiations then continue until either a deal or an
impasse is reached. A contract is formed when the
seller or buyer accepts the terms of the other's offer
or counter offer in writing within the time allowed.
—Bruce
7th-8th—Art Show & Sale
Oakview Community Centre
11th—Autumn Colour Hike
Ganaraska Hiking Club 12th—Firearm Licence
Assistance @ Chamber of
Commerce Boardroom:
11am to 5 pm (don’t take
your guns to town!!)
13th-15th—Beach Boys
Oldtimer Hockey
Tournament (Call Gerry @
705-429-1931)
14th—Adopt-a-Road (Call
Tim North 429-6250) 14th—Comedy Night / Silent
Auction / Dance in support of
Georgian Pontiac ladies Slo-
Pitch team (Call Kari Gerrard
@ 429-0055)
21st—Chamber of
Commerce Annual General
Meeting & Dinner (429-2247)
21st—Blood Donor Clinic @
Oakview Community Centre
22nd and 25th—All
Candidates Meeting @ Oakview Community Centre
27th—Youth Costume Dance
@ Wasaga Stars Arena
28th—Rotary Club Gala
Dinner and Dance
28th—Minor Hockey Dance
OUR SERVICE PLEDGE
As product and service providers we are 100% committed to a level of excellence that will make
you say “WOW” and keep you coming back. We
are aware that if we don’t exceed your expectations the first time and every time, you may be just a “satisfied customer”....and that’s not enough. Our desire is to have you so satisfied as clients that you will make a point of referring us to your friends, family and business associates.
Window on Wasaga Homeowner Service Centre October 2000
Frequently Called Numbers
Ambulance Office: (705) 429-4655
Arena: 429-3321
By-Law Department: 429-2511
Chamber of Commerce: 429-2247 Fire Department Office: 429-5281
Hydro Office: 429-2517
Library: 429-5481 Municipal Office: 429-3844
O.P.P. (Police): 911 (emergency only)
Provincial Park Office: 429-2516
Public Works Department: 429-2540
A good realtor keeps you up to date on current market conditions and trends within the area real estate
market. This report shows you the number of MLS properties listed and sold in our area recently:
By Area Sales Average
Price
Av. Days
on
$1 to
$80,000
$80,000 to
$100,000
$100,000-
$120,000
$120,000-
$140,000
$140,000-
$160,000
$160,000-
$300,000
Over
$300,000
Clearview 13 $184,415 75 0 1 1 3 2 4 2
Collingwood 36 $160,521 71 2 6 5 5 5 11 2
Town of the
Blue Mtns 14 $220,286 74 1 0 1 2 1 6 3
Tiny
Township 2 $152,500 114 1 0 0 0 0 1 0
Wasaga
Beach 27 $150,893 88 2 3 3 4 3 11 1
Total Sales Statistics from Sept. 1st, 2000 to Sept. 30th, 2000
THE “WOW” TRIVIA CONTEST
Win A Wednesday Night Dinner For Two at:
“Where will the “all-candidates meeting”
be held at the end of October?”
Call Bruce at 705-429-4500 to win!
Congratulations to last month’s winner:
Kim Murray
Goodies Cafe
CALL 1-800-396-POST
Michelle Reichart 65 Cedar Pointe Dr., Suite 105
Barrie, ON L4N 9R3
33 Ste. Marie St. 1263 Mosley St. P.O. Box 490 Riverbend Plaza Collingwood, ON Wasaga Beach, ON L9Y 4B2 L0L 2P0 (705) 445-9300 (705) 429-5199
Fax: (705) 445-2269
The advertisers herein are owned and operated independently. The Publisher cannot and does not guarantee or assume any liability for the services advertised.
BRIAN GREASLEY, B.Sc., LL.B. Barrister and Solicitor
BROWN’S MOVING, MAINTENANCE & PROPERTY
We do it all for You! Moving & Storage
Yard Maintenance
Home & Trailer Washing
Odd Jobs
Loads of topsoil/gravel
DAN BROWN: (705) 429-4323 Toll-Free Pager: (416) 550-2960
862 Mosley Street
Wasaga Beach, ON L0L 2P0
Tel: (705) 429-6166
http://www.tdbank.ca/Your Home 24 hours, 7 days a week: 1-800-9TD-BANK
Your Family’s Full Service Lawyer
WE’RE HERE TO HELP MAKE IT EASIER
of Wasaga Beach Inc.
Bruce Johnson, Sales Representative
BANK
NORLITE
Financial Services YOUR RE/MAX APPROVED
MORTGAGE BROKERAGE
Residential / Commercial Mortgage Consultant
1226 Mosley Street, Unit #2,
Wasaga Beach, Ontario L0L 2P0
DIRECT LINE: (705) 429-5492
Res: (705) 429-3112
Fax: (705) 429-1175
DONNA M. MULLEN
587 River Road West, Suite 8 Wasaga Beach, ON L0L 2P0
Dr. Mardi Charlton B. Sc., D.C., Dip. Acu.
Chiropractor, Acupuncturist
Ph. (705) 429-5073 Fax: (705) 429-8168
Nottawasaga Chiropractic
W.D. Redick & Associates Inc.
John Redick Sales Representative
47 Ste. Marie St.
Collingwood, ON L9Y 3J9 Bus: (705) 445-0301 Fax: (705) 445-1400
587 River Road West
Wasaga Beach, ON L0L 2P0 Bus: (705) 429-7600 Fax: (705) 429-7610
TIMLOCK CONSTRUCTION
Al Timlock Box 186 Wasaga Beach, ON Tel: (705) 429-6870
“Building Fine Homes in Wasaga Beach Since 1964”
R.F. Hale Construction
Decks Renovations General Carpentry
705-428-5067
Published by Bruce Johnson, Sales Representative, RE/MAX of Wasaga Beach Inc. Not intended to solicit properties currently listed.
RE/MAX of Wasaga Beach Inc. Independently Owned and Operated
Bruce Johnson Sales Representative 1263 Mosley Street, Box 490 Wasaga Beach, ON L0L 2P0 email: brumar@simcoe.net
www.thehomehunt.com
Tel: 705-429-4500 “A MOVING EXPERIENCE”
BEACHFRONT LOTS Two picturesque beachfront lots in
Wasaga’s west end beach area. Stone
breakwall already in place, and
water, sewer and gas are all at the lot
line. Each lot is beautifully situated
and brimming with mature trees,
shrubs and perennial flowers. If
you’ve ever dreamed of owning a
beachfront property, this is your
chance! See listing office for
encroachment information. Each lot
is listed at just $179,900.
*Note: If you’ve been tracking the price of
beachfront the past few months, you know
this is a scarce commodity.
Unique Mortgage Study Released:
I n one of the more interesting studies released about the real estate buying public,
MortgageIT reports that people would much rather live next to a movie star than a politician, and there aren't as many arguments over mortgages as you might think. Also:
55 % of women do most of the research for
couples' mortgages and split responsibility evenly with spouses when it comes to submitting applications.
Husbands are still the primary borrowers listed
on 74 % of mortgage applications.
Couples made a joint decision on which home
to buy 48 % of the time. In cases where one spouse was responsible for the home selection,
wives' decisions slightly outranked their mates' by 28 % to 24 %.
58 % of couples said they had no arguments in
the course of buying their home. 27 % said they fought 1 to 3 times. 8 % reported four to six fights. 7 % said they quarreled more often.
FUN POLICE QUOTES
“The handcuffs are tight because they're new. They'll stretch
out after you wear them awhile.”
“If you run, you'll only go to jail tired.”
“So, you don't know how fast you were going. I guess that
means I can write anything I want on the ticket, huh?”
“Yes sir, you can talk to the shift supervisor, but I don't think
it will help. Oh, did I mention that I am the shift supervisor?”
“Warning! You want a warning? O.K., I'm warning you not
to do that again or I'll give you another ticket.”
“The answer to this last question will determine whether you are drunk or not. Was Mickey Mouse a cat or a dog?”
“Life's tough—it's tougher if you're stupid.”
“No sir, we don't have quotas anymore. We used to have
quotas, but now we're allowed to write as many tickets as we
want.”
“Just how big were those two beers?”
“In God we trust; all others are suspects.”
Bonus: How To Interpret a Police Report
“The motorist was cited for multiple traffic violations.”
(I wrote one citation for each swearword he used.)
“This officer went out-of-service to obtain intelligence
information from a street informant.”
(It was too hot to ride in the car.)
“While on routine patrol…”
(I was in the car because the coffee shop was closed.)
“The accident scene and the victims’ safety
prevented this officer from doing traffic control”
(It was raining.)
“Knowing the suspect had a criminal history…”
(He puked on my uniform one night.)
DEAL OF THE MONTH You’ve been waiting for this building
lot! Super close to the pure sand
beach on 27th Street N. Lot measures
68’ x 93’ and has water and sewer
connections (locals paid). Lot has
some mature trees and is centrally
located. Asking $64,900
GREAT COTTAGE/HOME LOT Super building lot with water, sewer and
gas at the lot line. This lot is partially
cleared and has a useable garage on it. Vendor will remove mobile home unit
currently on property. Very quiet street,
few neighbours, close to schools and
stores and, of course, just a short walk to the beach. Offered at $29,900.
top related