1) How active is the market?

Answer: The market has slowed. It's a prefect time if you are interested in buying a home.  Interest rates are very low and prices have come down. 

2) Are prices going Up / Down or staying the same?

Answer: The market should move down some before it turns up again.

3 ) Has the bottom fallen out of the market?

Answer: NO!  Prices have come down recently, however, there are signs of some strength coming back in the market.

4) What is causing the down turn?

Answer:
 

- State of the global economy

- Over heated market

- Fear

- Unemployment

- However, there is a light at the end of the tunnel

5) Where's the best place to buy for resale? (Best Area?)

Answer: New to the area? When working with a professional realtor who is knowledgeable of where the best areas are to suit your personal needs and always being conscious of resale potential.

6) What is the physical condition of the home?

Answer: A realtor has the ability to obtain all home information to ensure that you the customer have the knowledge needed to make an educated decision.

7) As a buyer how am I protected when it comes to buying a home?

Answer: Working with a realtor provides you with the protection of using a legal contract of purchase and sale agreements with appropriate clauses to protect both parties and property disclosure statements to ensure the parties involved are aware of any issues that may be important to the property.

8) Other than the purchase price what other costs can I expect?

Answer: Legal costs for a purchase of a property range from $750.00 to $1100.00

This includes:
- Title search
- Investigating title
- Drafting documents
- Land title registration fees
- Mortgage company's Lawyer / Notary

Some other costs you as the buyer might expect are:
- Survey Certificate (if required)
- Appraisal (if applicable)
- Sales Tax (if applicable)
- Property Transfer Tax
- Goods and Service Tax (if applicable)
- Fire Insurance Premium

9) When selling property what costs can I expect?

Answer:
- Lawyer and Notary Fees and expenses
- Attending the execution of documents
- Costs of clearing title, including
- Discharge fees charged by encumbrance holders
- Prepayment penalties
- Real Estate commission
- Goods and Services Tax

10) Why should we choose to work with Highland Property Real Estate?

Answer: Our #1 concern is always what is in the best interest of the client. Our Realtor team is always working to stay on top of the market. Our knowledge helps to serve you better.