Real Estate Commissions Exposed

Commissions are always negotiable and there is no standard rate. The Federal Government Competition Bureau ensures that rate fixing does not occur. To suggest that there is a “standard rate” is illegal and could draw legal action from the Competition Bureau. Each firm and salesperson sets their own minimum rate that they need in order… Read More

After the Home Inspection – Is this the right home for you?

Dear Rebecca We are preparing to purchase our first home and the homes that fit our budget are older. I have concerns about getting a good home inspection and am wondering how we insure that we get a thorough one. What kinds of issues can we expect to find? Will the homeowner be required to… Read More

Pre-inspection Before Listing Home In Fredericton?

Dear Rebecca We live just outside of Fredericton, in Hanwell, and will be putting our home for sale in the spring with the hopes of moving into home in downtown Fredericton. We have lived in our home for 20 years and we realize we should do a few things before we list. Other than the… Read More

Do Homes Sell From Open Houses?

Dear Rebecca I had my home on the market last year but I did not request an open house. My house did not sell and I am wondering if perhaps I should have had one? Do homes sell from open houses? I plan list again after Christmas. If I do have one how should I… Read More

Fredericton Real Estate Property Values

Dear Rebecca We are looking at purchasing our first home and are wondering how prices are calculated and what affects value of properties. What is the best way for us to figure out what to pay? Dave Dear Dave The vendor always has the final say on the asking price of a home. Generally, vendors… Read More

Fredericton Real Estate Full Disclosure

Dear Rebecca Can you define full disclosure? What happens if I buy a home and find out there were more problems than disclosed? Peter Dear Peter With respect to real estate transactions, to practice full Disclosure is to tell the “complete truth” about any issue, which may affect the other party’s decision to enter into… Read More

Showing My Home

Dear Rebecca How spotless does my home need to be for a showing? How much notice will I get and what if it is not a convenient time? Heather Dear Heather Your home should sparkle for showings. When you have your home listed for sale it is best to be prepared for showings on short… Read More

What is an Exclusive Listing?

Dear Rebecca I am helping my elderly mother get her home ready for sale as she has decided to move to a small apartment. We are wondering about a couple of things – first my mum does not really want the neighbours to know her business so she was wondering if we have to have… Read More

Fredericton Condominium Fees

Dear Rebecca I have recently come to realize that my home is too much for me to manage and I have been thinking about downsizing to a condominium. I am concerned about fees. What kinds of fees must paid and what do these fees cover? Who sets the fee? When I purchase a condominium are… Read More

Joint Tenants or Tenants in Common

Dear Rebecca My husband and I live outside the Fredericton area in our own home. We have two children soon to graduate from high school- one after the other and at this point our son will be attending university in the fall and his sister will follow next year. We have decided to purchase a… Read More

Condo Covenants

Dear Rebecca I am looking for a downsizing type of property either a condo or townhome. I was wondering about restrictive covenants and am hoping to find an “Adult Only” community. Would this be specified in the restrictive covenants? What kinds of things are in these covenants? Can they be negotiated when purchasing? Brian Dear… Read More

Closing Day

Dear Rebecca We are selling our first home and I am feeling nervous about the closing day. What can I do to make it go smoothly? What kinds of things can go wrong? I am worried the buyers will change their mind. Anne Anne Closing day refers to the date mutually agreed to by the… Read More

What is a Buyer’s Agency

Dear Rebecca We are hunting for our home by searching the realtor.ca website and going to open houses. We thought going to open houses would be a good way to casually interview real estate agents and see homes at the same time. Recently we went to see a house we found online and really liked… Read More

Bat Problems

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Dear Rebecca I have an older home that I plan to put on the market soon. I think that we have bats in our attic however I never been up there to check it out. Our neighbours said they have seen bats coming from our house in the evening. Is this really a concern for… Read More

Air Quality and UFFI

Dear Rebecca When we sold our home a few years ago, we signed a warranty with our lawyer stating that our home did not contain UFFI. We just returned to Fredericton and recently offered on a home and I just noticed that the offer contract that we signed has changed and there is no guarantee… Read More

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