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Buying or selling a property in the Bay of Quinte area? Don’t go it alone!
Our “Ask the Expert” series connects you with experienced local real estate professionals who provide answers and guidance specifically for Belleville, Quinte West, Prince Edward County, Napanee, and surrounding communities.
Learn how to choose the right neighbourhood, navigate the local market, maximize your sale price, and avoid common pitfalls.
Read the latest Q&A’s below!
Start by having a conversation with your mortgage broker. They’ll make sure your finances are in order and advise you what your budget can be.
Everybody’s wishlist and priorities for a home are different. This is where your realtor comes in. They’ll help make your decisions… from style of home… with stairs or not… in or out of town…on a bus route.. to whether you need an in-law suite.
A conversation with your realtor will help narrow down both priorities and wishes for your new home.
Not all red flags are obvious when buying a home. Pro tip: watch out for things like fresh paint cover-up damage, odd smells masking mold, or windows that don’t open smoothly. These could indicate hidden issues.
Take note of vacant properties nearby, unexplained discrepancies in the listing, or strange water pressure. It’s the small details that matter.
There’s no perfect time to buy… it depends on so many things.
It could be your schedule or when you feel prepared. The time of year will also predict how much competition you could have. Ultimately this is a great conversation to have with your realtor once your budget is confirmed.
Preparation is key to securing the best fit!
Every home is different and realtors will identify things that are going to help your home sell quickly.
Decluttering is key if needed. This involves taking down any personal items. A potential buyer wants to imagine their life in the space… so a blank canvas is important.
Also, look after any minor repairs. You want to present your home in its best light.
Both new construction and existing homes have great benefits.
With new Construction, you can often customize features, like finishes and layouts. Maintenance is lower and modern homes are more energy-efficient.
Existing homes though can offer added character…mature landscaping and established neighbourhoods. Plus there could be more room for negotiation.
Every investment comes with risks and rewards. Commercially speaking, the rewards can be plentiful.
As a commercial landlord, you’ll have a high degree of personal control. There’s also potential for capital growth. Before you invest, assess the pitfalls of any commercial property like high administration costs or lack of liquid assets.
Speak to an agent who specializes in commercial property…carefully assess the pros and cons. A well-informed investor has a far greater chance of success!