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St. Catharines
5 St. Paul Crescent
Phone: 905.687.9229
Fax: 905.687.3977
Email:
St.Catharines@McGarrRealty.com

 

 

Virgil, Niagara-on-the-Lake
1615 Niagara Stone Road
Phone: 905.468.9229
Fax: 905.468.9232
Email:
Niagara@McGarrRealty.com


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FREQUENTLY ASKED QUESTIONS

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Appraisals & Market Value
Q: What is the difference between market value and appraised value?
Q: How do you find out the value of a troubled property?
Q: What are the standard ways of finding out what a house is valued at?
Q: What is a house worth?
Q: What is the return on new versus previously owned homes?
Q: What is the difference between list price, sale price and appraised value?

Condominiums & Townhomes
Q: How do you choose between condos and single-family homes?
Q: Are condominiums risky to buy?
Q: Are condos a good investment?
Q: Are one-bedroom condominiums a good investment?
Q: How do I figure out the homeowners association?

Finding the Right Home
Q: How do you choose between buying and renting?
Q: What are the pros and cons of adding on or buying new?
Q: Do we dig deep and buy a dream home or settle for a starter home?
Q: How do I get the real scoop on homes I am looking at?

Fixer Uppers
Q: Where are fixer-uppers found?
Q: Are there programs for fixer uppers?
Q: What kind of return is there on remodeling jobs?
Q: What are some guidelines to follow when trying to find a contractor?
Q: Are fixers a good idea in bad areas?

Foreclosures
Q: Are foreclosures an option?
Q: What are the problems when buying foreclosures?

Home Inspections & Warranties
Q: Do I need a home Inspection?
Q: What is a home inspection?
Q: What does a home inspection entail?
Q: How do I find a home inspector?

Insurance
Q: What kind of home insurance should I get?

Lease Options
Q: What is a lease option?
Q: How do lease options work and what are the benefits?

Making an Offer
Q: Is a low offer a good idea?
Q: What contingencies should be put in an offer?
Q: Whose obligation is it to disclose pertinent information about a property?
Q: Are low-ball offers advisable?
Q: What is the difference between list and sale prices?
Q: Can you buy homes below market value?
Q: Who gets the furnishings when a home is sold?
Q: What are some tips on negotiation?
Q: When is the best time to buy?
Q: What repairs should the seller make?
Q: How much does my real estate representative need to know?
Q: Should I include an inspection contingency in my offer?

New Homes & Vacation Homes

Q: Can you negotiate the price on new homes?
Q: Do builders give financing?
Q: Should I hire a home inspector for a new home?
Q: What are some new home cautions?
Q: What about new versus previously owned?
Q: What are considerations to buying a new home?
Q: What is the return on new versus previously owned homes?

Property Taxes
Q: How do property taxes work?
Q: Where can I learn more about appealing my property taxes?

Working with a Real Estate Representative

Q: How do you find a good representative?

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