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What is the Purpose of an Open House?

Something that your Saskatoon realtor will bring up will be if you are wanting to have an open house or not. Some people are unsure about the benefits of an open house or may see it as more of an inconvenience. Others may feel stressed about having to be out of the house for a longer period of time than that of a regular showing.

Here are some tangible reasons why your house  should be one of the many Saskatoon open houses that we do every year. The benefits absolutely outweigh the small inconvenience of having your home open to multiple people at once. It could even help you sell your home faster, and at a higher price. We have compiled several reasons of why you should consider having an open house.


An Open House Can…


Reduce your overall marketing costs

Having an open house is a fantastic way to reduce your overall marketing costs. Hosting an open house costs nothing and the more people you have view your house, the better. Sometimes, however, your local real estate agent might...

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What Millennials Look for in a Home

Although it was just recently that the years to describe the age of millennials was just confirmed, the oldest would be approaching their mid-thirties. People born from 1981-1996 are considered millennials. They are poised to do many things in the world, not the least of which is to start families and buy homes. In some cases, it would be their first home-buying experience.

There are things that millennials might be looking for in a home when they are searching on the MLS in Saskatoon (https://www.rexsaskatoon.com/listings/), and what makes them different from other generations of home buyers that came before them.

 

Who Are Millennials


This generation of people is different from any other that came before them. They have grown up in the digital age, where cell phones, apps, and social media started and increased as they were growing up which makes them able to adapt quickly to new technological changes. This has led them to be more in touch with the world, having information at hand...

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Renovations That Add to Your Property Value and Those That Do Not

When considering a home renovation, it can be difficult to decide what to upgrade now and what can wait. There are questions that you should ask yourself about the renovation that can help you determine what to focus your attention on as some renovations will add property value while others will not.

In considering the reason for your renovation, whether it is an outdated or run-down kitchen, a dilapidated washroom, or finishing a basement, you can determine your priorities and work from there.

If you are planning on selling your real estate in Saskatoon within the next three years you may want to add some property value with the right renovations. If you are thinking of staying in your home for the foreseeable future, you may have other priorities, and adding value could be secondary to adding comfort or convenience.


Renovations That Do Not Add To Your Property Value


High-end Goods with Poor Workmanship

Expensive materials and cheap workmanship may sound like a decent deal, however, if...

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How to Find the Best Real Estate Lawyer

When buying a home, you will need a lawyer to help guide you through the legal side of acquiring your new home. They will also assist you in navigating the legal requirements that are involved in purchasing a property. They are the ones who will develop the property papers and handle the closing of the sale.


Finding a real estate lawyer can be challenging as not all lawyers are equal. Below are some tips to keep in mind to make it easier to find the right real estate lawyer for you.


1. Talk to Friends and Family Members


The first thing you should do is talk to your friends and family members. They may be able help you get in touch with a reliable attorney based on their own experience. They are the ones who will give you an honest review of the real estate lawyer they used. It will help put your mind at ease if someone you know has given their personal recommendation.


 

2. Search Online


The internet is a huge resource that you can use to help you find the answers. Simply, Google for...

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Home Appraisal VS Current Market Assessment

With the widespread availability of the internet, people are looking online for virtually everything these days. This fact extends to the real estate market in Saskatoon, SK, as an overwhelming majority of potential home buyers are turning to the Internet when they embark on their search for the perfect property. The same goes for hopeful sellers attempting to determine the value of their homes by cross-referencing local listings of comparable properties with similar features. This allows sellers to discover the interests of buyers in the area and the amount they are typically willing to spend.


While the Internet can be a useful tool, like doing MLS searches, for both parties in the early stages, buyers are often unsure whether or not sellers are asking a fair price for their homes as the process moves along. To avoid any mistrust on either side, unbiased home appraisals are conducted by experienced and knowledgeable professionals in order to produce an objective property value that should...

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Title Insurance—A need or a want?

Often homebuyers are presented with the option of purchasing title insurance. Other times, the purchaser is required to buy title insurance by the mortgage lender. Either way, title insurance protects you, the purchaser, and the mortgage lender. But first, what is title insurance? Why do you need it? Do you really need it?

Buying a property is an amazing process and there is a lot that goes into being able to make this purchase. However, how do you protect such a huge investment from any hidden surprises? By purchasing title insurance.

Minimize Your Risk

Title insurance is the safety net to protect you and your investment. It protects properties, whether commercial or residential, from losses that may be related to that specific property’s ownership or title. The word Title refers to the legal term that one has legal ownership and a property.

Some people are choosing to purchase a title insurance instead of conducting a land survey as it is generally cheaper to do so. Purchasing title...

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Things To Watch For When House Hunting

Looking for a new home can be an exhilarating experience, however, knowing what to watch for can make the process a little easier. Here are a few things to keep in mind when you are looking for a home in Saskatoon.


1. Location, Location, Location


A basic tenet of real estate is that location matters. Not only should you consider where the property is in proximity to workplaces, schools and parks, but make note of the condition of the neighbourhood, any safety concerns and noise from nearby pets, airports or busy streets. The best way to gather information about the location is to talk to your potential new neighbours and gauge their attitudes and reactions to your questions.


2. Curb Appeal


Aesthetics can be just as important as functionality. The exterior of your new home should reflect your personality and lifestyle, both now and in the future. An extravagant home that stands out may be appropriate for some people, whereas, others may tend to lean towards something simpler and less formal...

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