If you bought your home below market value and are aware of all the costs involved, then selling a house can be a fantastic experience, but it can also be disappointing if the opposite is true. There are financial factors many people overlook when entering the market, and knowing them upfront helps ensure you emerge with a smile on your face when you complete on a property.
Remember, from legal fees...
Recently, a 2 bedroom and den unit in my condo building sold. After the sale, the realtor left notices at every unit boasting of how he sold the unit for “more than any other unit” had ever sold for and that he would be happy to “assess” any other units that were thinking of selling.
Photo credit: barbourians via flickr
I wasn’t very impressed – there aren’t...
I am super happy to announce that Brian and I were able to find new tenants for the rental condo. They just officially signed the rental agreement and handed over their deposit yesterday morning. I was a bit concerned when our previous tenants gave notice but looks like everything is going to work out just fine!
All in all, the transition will cost us about $500:
$25 for the credit...
This month, Brian and I received the news that our tenants (of almost three years!) were giving notice to move out at the end of April. We kind of thought that this might happen. We knew they eventually wanted a bigger place and they both make more than enough money to do so. But it still sucks to get the news. However, we have planned ahead! As a result, we’re not too worried.