The Riz Team Blog

Archive for the ‘Kitchener Buyers’ Category

Viewing an Open House with Open Eyes

Wednesday, June 17th, 2015

open house two

Remaining objective can be a difficult task when viewing an open house. It is easy to fall in love with a home’s appearance, blind to problems that may make it unsuitable. While aesthetics can be an important consideration, it is necessary to look beyond window-dressing.

Aqualified home inspector should be hired before purchasing a home, but there are areas that consumers can examine on their own. This will shorten your list of potential homes and reduce the likelihood that a home inspector will reject it as unsafe or unsuitable. Here are some considerations and common problem areas to look for when touring an open house:

General Upkeep

Much can be surmised from the general state of the home. Is the home clean? Are lawns left uncut? Are the walls chipped and in need of paint? If smaller chores have been ignored it may be an indication of a broader disregard for home maintenance.

Water Leaks

Check ceilings and drywall for stains, bulges and other signs of water damage. Water that works its way inside via a leaky roof or a cracked foundation can rot wood, create mildew and mold, destroy possessions and can be expensive to repair.

Does it Work?

Test lights, faucets, the heater, air conditioning, major appliances (that are to be included with the home) – even flush the toilets to ensure everything is working as it should.

Floors

As you walk across the floors be aware of spongy (soft or springy) sections. Excessive squeaking and uneven, bumpy floors may also be indicative of expensive forthcoming repairs.

Doors & Windows

Check that doors and windows fit snugly in their jambs and operate smoothly. Look for flaked paint and loose caulking. If the wood around windows and doors is not protected from moisture, it can rot away. Feel for drafts in these areas too.

Poor Drainage

On a wet day walk around the yard and look for areas where water collects. This can be an especially bad sign if there are soggy areas near the home’s foundation.

Grout & Caulking

If the grout and caulking around bathroom and kitchen tiles is loose and crumbly, there is a good chance that water is finding its way into the wall or under the floor.

Structural

Although this is definitely an area where you want the services of a qualified home inspector, you can get an idea about possible structural problems if you see deep cracks in the foundations or loose mortar and bricks.

Miscellaneous Concerns

Naturally, one the most important factors will be determining if the house suits your family’s needs. If you do not want to replace all of your furniture, make sure it will fit into the rooms of the new house. This is difficult to do by eye, so be sure to bring a measuring tape. Also, take note of storage space. If you are moving from a home with large closets and a shed, make sure your new house is able to store an equivalent amount of belongings.

 

Preparing your home for a sale!

Thursday, June 11th, 2015

Are you ready?

 

When you have decided that the time is right to sell, the first step in preparing for the sale of a home is finding out its worth. Contact me for a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood properties.

Working to ensure your home is in the best condition possible for showing to prospective buyers will position you to receive top dollar. This includes repairing or improving any trouble spots that could deter a buyer, such as squeaky doors, a leaky roof, dirty carpet and walls, and broken windows.

The first impression that potential buyers form of your property as they drive or walk up should not be underestimated. The “curb appeal” of your home is extremely important. You can create a positive first impression by making sure the lawn is pristine – the grass cut, debris removed, garden beds free of weeds, and hedges trimmed.

However, the trick is not to overspend on pre-sale repairs and fix-ups. This is especially important if there are few homes on the market but many buyers competing for them. On the other hand, making such repairs may be the key to selling your home in a down market.

Don’t Put it on HOLD…..Call RIZ to get it SOLD!!!

First Impression Counts!

Thursday, June 4th, 2015

… For Buyers and Your Neighbours

The summer months are the perfect time to freshen up the exterior of your home. Whether it’s for your pleasure or to impress potential buyers, you’ll boost your home’s curb appeal with these good old-fashioned cleaning tips:

– Edge the gardens, clean out debris
– Pull the weeds and rake the leaves
– Prune the plants and wooly shrubs
– Plant some urns by the entrance and flowers to the beds
– Tidy the garage of winter trappings
– Dispose of rusty broken garden décor
– Put out a fresh welcome mat and oil the front door
– Paint the windowsills, mailbox, and anything else that is looking tired
– Place clear light bulbs in exterior fixtures, and ensure burned out bulbs are replaced
– Reseal the driveway
– Hide the garbage cans
– Sweep the step
– Fix the saggy gutters

Who says cleaning has to hurt? Get the kids involved! Borrow or buy a power washer and have fun cleaning siding, windows, sills, railings, decking and patio furniture.

Five tips on buying a new home

Monday, March 16th, 2015

Get the best value for your dollar

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You’ve been pre-approved for a mortgage and have established a budget for buying a new home but aren’t quite sure what to look for to get the best value for your dollar – that’s where we can help

Consider location

Location is one of the most important determining factors when purchasing a new home. Make sure the neighbourhood has a good reputation, is close to essentials (schools, malls, grocery stores and hospitals) and is far away from unappealing or industrious areas.

Consider your lifestyle

Give some thought to your lifestyle and the features you need and want in a home. Can you afford the property? Is it accessible? It is suitable for a family?

Ease of access

Is the property easily accessible from a map? Is it close to a highway or major road? Is public transportation readily available? If so, what’s the cost?

Consider public areas and services

Take into account the condition of public areas, such as streets, sidewalks, parks and recreational facilities. Are they well maintained? Also consider public services, such as street cleaning, snow removal, garbage collection and emergency services.

Be objective

It’s easier said than done to be objective when it comes to buying a home, however, this mentality can quite possibly save you from getting stuck with a lemon.

Get help buying your new home and give real estate pro Riz Jadavji of Royal LePage Wolle Realty a call at 519-716-7253, send him an email, visit his Gold Book page, Facebook page or follow him on Twitter for more information and to stay connected.

The Perfect Condo In Waterloo Awaits!

Friday, February 20th, 2015

Westmount Grand

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Spring Is Just Around The Corner

Friday, February 20th, 2015

Great New Home Listings!

With the frigid temperatures we are having I thought I would warm you up with news that “spring is just around the corner”. Don’t put it on HOLD…Call RIZ to get it SOLD!!

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How to calculate your mortgage

Tuesday, February 17th, 2015

Calculate with confidence

Calculator

Calculating a mortgage can seem like a daunting task, but it doesn’t have to be with the help of experienced real estate agent Riz Jadavji of Royal LePage Wolle Realty in Kitchener, Ontario.

To better understand your mortgage there are a few terms and numbers you’ll want to familiarize yourself with. These are: the actual loan or mortgage borrowing amount, the annual interest rate, the mortgage amortization period (in years) and your mortgage term (in years).

In Canada, all mortgages are compounded semi-annually as required by law. If you’re quoted an interest rate of six per cent, your effective annual rate will be 6.09 per cent based on three per cent semi-annually. Considering your mortgage payments usually occur on a monthly basis, a monthly rate must be calculated based on an annual rate and in this case your monthly compounded rate works out to just under six per cent (5.926 per cent to be precise).

The length of your mortgage amortization period can affect how much interest you pay and the shorter the term the more likely it is for you to pay less in interest. Likewise, a mortgage loan with a smaller mortgage term (an example would be a period of 10 years as opposed to 15 years) and higher monthly payments can save you thousands if not tens of thousands of dollars over the long term. If you can afford to make higher monthly payments and can handle a shorter mortgage term, it’s something worth considering as the savings can be considerable.

Riz Jadavji of Royal LePage Wolle Realty in Kitchener has more than 10 years experience serving the Kitchener-Waterloo area and helping customers find their dream homes. He will work with you and your family to get top dollar for your property when selling and receive the best bang for your buck when buying. He’s even designed a nifty mortgage calculator to make it easier for you to understand the financials of your investment.

Give the professional and courteous real estate pro Riz Jadavji of Royal LePage Wolle Realty a call at 519-716-7253, send him an email, visit his Gold Book page, Facebook page or follow him on Twitter for more information and to stay connected.

Happy Valentine’s Day

Friday, February 13th, 2015

Home Is Where The Heart Is

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Fine Homes

Thursday, February 12th, 2015

Winter Collection

Fine Homes Winter 1

Happy Valentine’s Day & Family Day Weekend

Thursday, February 12th, 2015

 Featured Listings

Enlarge image by clicking on it.

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