Whether you're new at the home-buying or selling game in Canada, or whether you've played it before, most of us dread the onslaught of flashy, fast-talking real estate agents and property managers. Well, help has arrived. This revised edition of Buying and Selling a Home For Canadians For Dummies prepares you to get what you need and want when buying a new home or selling the one you're in. Everything from arranging your finances and hiring an agent, to researching neighbourhoods and assessing home values is presented in a clear and humorous way to help you get the most out of the process. Important information to help you: Market your home and sell for the highest possible price Negotiate the best price and terms of sale Find the right new neighbourhood with reasonable prices and the type of housing to suit you and your family Decide whether or not to hire an agent and tips on how to choose a good one Select the best mortgage and understand tax considerations Updated in the 2nd Edition: Examining zero percent down payments, lines of credit and other alternatives to conventional mortgages Using the 'Net: New, useful sites - and what to watch out for Buying condominiums: An expanded chapter full of useful information on what you need to know before you buy Selling your home on your own: Expanded online resources and tips Fixing up your home to sell: Tips from the designers on how to make your home as sellable as possible
The success of the Dummies series is to supply information to the beginner, but at a pace and level that does not dumb down the material. This book, Buying a Home for Dummies, successfully takes the new home-seeker through the process of buying a house. It is written by 3 Canadians, and is obviously not just a rehash of the U.S. version. Included are suggestions and hints on finding a real estate agent and lawyer, differences between house-hunting and condo-hunting, things to look for in a house (location, size, age, etc.), and budgeting give an idea of what you can afford. There are a number of helpful regional tips included as well - obviously someone looking for a house in Thunder Bay or Edmonton will care more about heating bills than someone in Victoria or Windsor. There is also a section on selling a first house, so you can keep this book on the shelf until the time comes when you're selling.The most helpful aspects of the book deal with the mechanics of home purchase. There are a lot of new words to be learned, and they are helpfully gathered in a glossary in the back, as well as being fully explained in context in the text. A discussion on mortgages has the danger of becoming very dull very quickly, something this book manages to avoid by including examples and an efficient writing style.The only thing I didn't like is the emphasis on big cities - since the authors are from Vancouver and Toronto, they know big cities best, but the underlying theme of the book is based on big cities in active markets. While it's true that Halifax, Calgary, etc. are in a real estate booms right now, many readers of this book (including myself) are going to be from smaller markets, so many of the tricks and advice don't apply. Other than that, it's an excellent introduction to house (and condo) hunting, and we have found it very useful in our first experience in the real estate market.
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