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
About the Author
Tony Ioannou is currently a senior associate and manager with Dexter Associates Realty in Vancouver, and has been interviewed many times in the Vancouver and national media about the state of the real estate market and the industry in general.
Tony obtained his real estate licence in 1984, and has consistently been a top-producing salesperson with NRS Block Bros., and with Dexter Associates Realty since 1990. In 1990, he obtained his agents (managing brokers) licence, but continues to enjoy working as a residential real estate sales person primarily on the West Side of Vancouver. He has also worked as a division director for the Real Estate Board of Greater Vancouver, sits on a number of industry committees, teaches a real estate course to new real estate agents, and speaks to the public about real estate at seminars and shows.
Tony was born and raised in Sydney, Australia, and immigrated with his family to Vancouver in 1973. He completed high school in Vancouver and obtained a Bachelor of Arts degree in Urban Geography from the University of British Columbia. He has lived in Vancouver’s Kitsilano neighbourhood for the past 25 years and is an avid mountain biker, motorcyclist, and golfer.
Heather Ball is an editor and writer at Colborne Communications in Toronto. She has worked on book projects covering topics such as genealogy, cooking, and ladder safety. She is also the author of two non-fiction books for children.
Table of Contents
Part I: Deciding to Buy.
Chapter 1: Looking to Buy a Home?
Chapter 2: Understanding Your Finances.
Chapter 3: Your Mortgage Options.
Chapter 4: Finding Your Kind of Home.
Chapter 5: All About Condominiums.
Part II: Discovering Your Perfect Home.
Chapter 6: Home-Buying Help.
Chapter 7: Prioritizing Your Needs.
Chapter 8: Home Shopping.
Chapter 9: This Home Is Great! (Except for . . .).
Part III: Getting the House You Want.
Chapter 10: Home Surfing.
Chapter 11: Let’s Make a Deal.
Chapter 12: Signing On to a New Life.
Chapter 13: Closing Time: Inspections, Surveys, and Warranties.
Chapter 14: Closing Time: Closing Events and Moving Day.
Part IV: Deciding to Sell.
Chapter 15: To Sell or to Stay.
Chapter 16: The Price of Selling.
Chapter 17: Balancing Selling and Buying.
Part V: Preparing Yourself and Your House to Sell.
Chapter 18: Selecting Your Selling Team.
Chapter 19: Listings and Disclosures.
Chapter 20: Inspections and Appraisals for Sellers.
Chapter 21: Making Your House Shine.
Part VI: Sealing the Deal.
Chapter 22: The Legal Stuff.
Chapter 23: Negotiating Tricks and Bargaining Chips.
Part VII: The Part of Tens.
Chapter 24: Ten Regional Concerns When Buying a Home.
Chapter 25: Ten Tips for Condo Buyers.
Chapter 26: Ten Tips for Condo Sellers.
Chapter 27: Ten Ways to Protect and Maintain Your Investment.
Part VIII: Appendixes.
Appendix A: Glossary.
Appendix B: Sample Agreement of Purchase and Sale.
Appendix C: Sample Inspection Report.
Appendix D: Sample Property Disclosure Statement (Residential).
Appendix E: Where Can I Get More Information? Real Estate Resources.