Your Source for Northumberland Real Estate
April 24th, 2014 
Stephen Hodge
Sales Representative

Chestnut Park Real Estate Limited, Brokerage

cell:905 376-8631
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Your Source for Northumberland Real Estate
Find Your Dream HomeFree Evaluation
If the time has come for You to "Find Your Dream Home", then I would love to help. New properties are listed every day. By filling out the form, I can have new Listings emailed to You as soon as they become available.The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
Now might be the perfect time...
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Real Estate Articles

Real Estate Articles

SELLING A HOME CAPITAL GAINS TAXSELLING YOUR HOME ON YOUR OWN - OR USING A REAL ESTATE SALESPERSONHOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE
The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain. This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer.If you have decided that now is the time to sell your home, you might be thinking: should I hire a Real Estate Sales Representative or do it alone. Have you ever considered repairing your own car? Anyone can buy the tools and parts. However, most of us just do not have the knowledge, training, experience or the expertise and commitment of time to do the job properly. Besides, there are plenty of experienced professionals to do the work for us.A hot market is a "sellerís market". During a sellerís market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.
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HOW DO REAL ESTATE PROS PRICE A LISTING?DOWNSIZING YOUR RESIDENCEWHAT IS THE BEST WAY TO MARKET A HOME FOR SALE?
A very accurate saying is that "Any home will sell once you get the price right." Of course, this is usually said from the perspective of dropping a price until it's too attractive to pass up. Actually, the accurate pricing of your home prior to listing is as much an art as it is a science.A great many moves in our lives are to larger residences to accommodate growing families. Or, perhaps our financial development allows us to move up to a larger home with more features and amenities. There is no stress involved in trying to reduce our lifeís stuff to fit into a smaller place. If anything, we just need to shop for some more furniture for the new larger place.Marketing a home for sale is quite different from most other types of marketing and advertising. Unlike marketing many products, homes are each unique. Marketing decisions will be based on thorough examination of the homeís features and comparison to the competition in the marketplace. Decisions must also be made concerning improvements that might enhance the home and sell it faster and for a higher price.
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