Closings can be ruined by not fixing deficiencies


The best strategy for sellers to take is to be prepared!  One way to do this is to get a home pre-inspection and fix deficiencies before listing your Nanaimo home for sale.   Defects found during a home inspection by a buyer can be a deal breaker. By doing a pre-inspection you have an opportunity to fix or repair the things that could make a deal collapse. The expense of a pre inspection is a small price to pay for the peace of mind that comes with a successful buyers inspection. 

Nanaimo Realtors 2016


According to the Real Estate Council of British Columbia, there are more than 22,000 realtors British Columbia. Visit: http://www.recbc.ca/  Selecting a Nanaimo realtor can be a complicated task. Some specialize in oceanfront property or condominiums. Others deal primarily with commercial property. Almost all are well versed in the basics about Nanaimo homes for sale.
When deciding which of the many Nanaimo realtors to select for a specific purpose, a good starting point would be to consult with Lynn Donn who provides information about the Nanaimo real estate market. All inquiries may be directed to (250) 800-2717.

Don’t wait for spring to list your Nanaimo house.


Many people like to wait until the busy spring market to sell their homes.  However, this year in Nanaimo we are experiencing a seller’s market.  A seller’s market is when there are more buyers than sellers in the market place.  Right now we are experiencing very low inventory levels which means that if you list your home and price it at market value, you stand a very good chance of selling it quickly.

 

Buying a three bedroom home vs. a two bedroom home


There is no question that here in Nanaimo a 3 bedroom home has much better resale value than a 2 bedroom home.  There is a much bigger market for 3 bedroom homes because the third bedroom opens up all sorts of usage options from a place to sleep to a media room or just a place to store things.  Two bedroom homes exclude people with families as there just isn’t enough room.

Great time to buy an investment property in Nanaimo or Parksville


According to the rental market survey released by CMHC the average vacancy rate in Canada's major centers was 2.9%.  In Nanaimo it is 2% and in Parksville 1%.  The vacancy rates in both towns are well below the average.  The low vacancy rate is a good sign for investors wishing to become land lords.

Nanaimo Homes For Sale


Information regarding Nanaimo homes for sale, Nanaimo real estate and Nanaimo real estate agents will be readily provided upon request. A wide inventory of informative sources pertaining to Nanaimo homes for sale has been compiled over a period of years using state-of the-art technology. It only takes a simple call to 250-800-2717 to learn more about Nanaimo real estate. Nanaimo realtor Lynn Donn offers this as a public service. Throughout the years she has acquired a reputation as one of the most respected Nanaimo realtors. 

Tips for selling a vacant home


The advantage to selling a vacant home is that you can offer quick possession to a buyer. Even though the home is vacant it is easier to sell if you continue to maintain the property by keeping utilities on, maintaining your landscaping and consider staging the home. Remember: First impressions are lasting impressions.

How to know when it is time to reduce your selling price


It is only natural to want to make as much money as possible on your house but, if you have had a steady flow of buyers viewing the house and have received no offers, it is often an indication the price is too high.

This is a good opportunity to ask your realtor to prepare an updated market analysis to determine if your price is indeed too high.

Painting to sell your house


A coat of fresh paint can make a world of difference when selling a house in Nanaimo. A few general rules to follow are: avoid loud, brash colors, choose trending colors to get the newest in vogue paint, paint the ceiling (if it is paintable) to brighten the room, use accent paint on doors, base boards, and door trim.

Receiving an offer on your home


Before you accept that offer on your Nanaimo home, here are 4 things to consider: First price, most initial offers are open for negotiation so try not to get your back up when you see the offer. Other important things to look at that may be negotiable are the size of the deposit, what subjects the buyer has assigned to the offer and what kind of closing dates they are proposing.