Cell: 604-855-2521 |

Matt~
Hi Tibor! We need your help. Our family and income situation changed a bit and we are thinking of selling our house in February and we would like to buy one of the gorgeous homes up on Eagle Mtn. If you remember, our house is 30 years old and it will need some renovations. My question is, "What should or shouldn’t we do before we list it for sale?"

Tibor~
Hi Matt good to hear from you.
Some of the best things that you can do to improve the appearance of your house are;
1. Clean up your front landscaping.  Landscaping is supposed to compliment the house but often is so overgrown that it has a life of its own and hides the house instead of showcasing it.
2. The next step is to DE-CLUTTER. Start in the garage and take out everything that you have not used in the past 12 months and put it in storage. Then go through the house room by room remove everything that would take away from the appearance of the room or the space. This includes, de-personalizing (taking down picture frames and knick-knacks)
3. Painting. Update the walls by choosing light and neutral colors. If you're not experienced at painting, hire a professional! There's nothing worse than paint drips and messy baseboards.
4. Change the light bulbs, and if your light fixtures are outdated - get a new one.
5. Clean your blinds and drapes.
6. Hire a duct cleaning company to clean the ducts and the furnace and change the filter. There is usually dust and pet hair that can cause your house to have unwanted odor.
7. Pay attention to your front door. There is a saying, "You don’t get a second chance to make a first impression." Make sure the hardware is functional and that the door is clean. Replace the front door Matt.

These are just few ideas how to get maximum price for your house.
When we are ready to list it, I will send Dianne (my professional Home Stager) to help you with the details.

Looking forward hearing from you,

Tibor

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What is a pre-sale?

Example scenario: When the developer intends to build an apartment building and applies for financing, the bank will grant financing under certain conditions. One of them will likely be a certain percentage of pre-sales the developer will need to secure before receiving the funds.
It is common practice for a developer to approach several real estate investors and offer them an opportunity to purchase units of the non-existent building at a discounted price, and on good terms.

Once the number of pre-sales is accomplished, the developer goes ahead with the construction, which will likely take two years or longer to complete. During construction, their marketing team offers the remainder of the units for sale at market value to the public.

If you are a RE investor, you know that it is preferable to be buying at the pre-sale prices, not market value prices.

The question is, how do you get the invitation to buy a pre-sale?
In the past many years, investors have made substantial income by buying at wholesale prices and selling at retail prices even before they needed to complete their purchase. I saw many of them lining up and sometimes even camping overnight in front of the sales center to get a chance to buy at lower prices, but not everyone was lucky enough. You needed to be well-connected to get an opportunity, and you had to act fast.

Today is a bit of a different story. Several projects in the Lower Mainland and Fraser Valley offer really good prices and incentives to secure a unit now and complete the purchase two or three years later. The list of incentives varies from one project to the next. Besides attractive prices, you can get low deposit amounts (5-15%), low or no assignment fees, free updates, a mortgage rate buy-down program, extra parking and more.

A month ago, I helped a few of my clients purchase a presale in Surrey that sold out in 2 days, and I know of another good developer that will be offering a few units for sale as well.

If you would like to know more about these opportunities, I would encourage you to call or email me, and I’ll be happy to send you details on those projects.
 
Kind regards,
 
Tibor Bogdan
Century 21 Creekside Realty Ltd.
45428 Luckakuck Way #190, Chilliwack, BC V2R 3S9
cell: 604-855-2521
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