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New Member - Introduction and thanks! - Printable Version +- Waterloo Region Connected (https://www.waterlooregionconnected.com) +-- Forum: Connected Café (https://www.waterlooregionconnected.com/forumdisplay.php?fid=15) +--- Forum: General and Off-Topic Discussion (https://www.waterlooregionconnected.com/forumdisplay.php?fid=19) +--- Thread: New Member - Introduction and thanks! (/showthread.php?tid=579) Pages:
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RE: New Member - Introduction and thanks! - Andy - 05-19-2016 (05-19-2016, 12:04 PM)zanate Wrote: Kitchener 2015 final rate: 1.18477% link Thank you for linking this so I don't have to! It's amazing this myth goes on. (05-19-2016, 12:17 PM)panamaniac Wrote: Suddenly the budget problems of WPL make sense to me! Note, the city of Waterloo will still be collecting more taxes per household, because the value of the houses are higher. So you pay less taxes in Waterloo (assuming equal value), but the city collects more, in comparison to Kitchener. There are some areas of Waterloo where house prices are the same as Kitchener, most things comparable, so it pays to know this. RE: New Member - Introduction and thanks! - Canard - 05-19-2016 Welcome to the forum, and (soon) to Waterloo Region! You're allowed to move here only if you put those awesome photography skills to work and take some great shots of our new Light Rail system once it becomes operational. ![]() RE: New Member - Introduction and thanks! - panamaniac - 05-19-2016 (05-19-2016, 12:48 PM)Andy Wrote:(05-19-2016, 12:04 PM)zanate Wrote: Kitchener 2015 final rate: 1.18477% link Fixed that for you zanate. ![]() RE: New Member - Introduction and thanks! - Cartcanuck - 05-20-2016 (05-19-2016, 07:56 AM)panamaniac Wrote:(05-19-2016, 12:17 AM)Cartcanuck Wrote: My wife's office will be in Kitchener and we have been looking at homes in both Kitchener and Waterloo. Yeah, I can't remember what it's called, but we've been looking at that ranking. The schools in Laurelwood seem to rank best, but we can't afford to get what we want for a house in that area : ![]() RE: New Member - Introduction and thanks! - Cartcanuck - 05-20-2016 (05-19-2016, 08:33 AM)Spokes Wrote:(05-19-2016, 12:17 AM)Cartcanuck Wrote: My wife's office will be in Kitchener and we have been looking at homes in both Kitchener and Waterloo. Awesome, good to hear a good review for Forest Heights. We're not picky on age, but we want some mature trees in the yard and neighborhood. That usually means 20-30 years old or older. We aren't into the newer communities with postage stamp size lots (within our price range anyway). We had been looking in the Millen Woods area, but anything with a yard and trees like we wanted was quite a bit out of our range. So a middle aged (just like me!!) updated home would be just fine. RE: New Member - Introduction and thanks! - Cartcanuck - 05-20-2016 (05-19-2016, 12:59 PM)Canard Wrote: Welcome to the forum, and (soon) to Waterloo Region! Deal!! I'm looking forward to the LRT. In my 13 years in Calgary, I used the LRT there a LOT! It's great to see one coming to Waterloo Region. Now if they can just stop finding those corduroy roads during construction, they'll get 'er done much quicker LOL Cool history they are finding though. RE: New Member - Introduction and thanks! - ijmorlan - 05-20-2016 (05-19-2016, 01:03 PM)panamaniac Wrote:(05-19-2016, 12:48 PM)Andy Wrote: Thank you for linking this so I don't have to! It's amazing this myth goes on. Don’t be so sure. I think A price is the amount of money for which something is offered to be purchased or sold, or the amount for which it was or is agreed to be purchased or sold. A house that is not on the market does not have a price. For tax purposes, however, all properties have a value assessed. Similarly, my computer does not have a price. It had a price when I bought it, and if I sell it when I’m done with it it will again have a price — first my asking price, later the price at which it is actually sold. RE: New Member - Introduction and thanks! - Viewfromthe42 - 05-20-2016 The best way to replicate mature trees and large open green spaces in KW is to live near Waterloo Park or Victoria Park ![]() RE: New Member - Introduction and thanks! - Cartcanuck - 06-01-2016 We have noticed that homes listed with COMFREE are staying on the market a lot longer than homes listed with realtors. Homes listed with realtors have been selling in 9-14 days from what we've seen, while many Comfree houses from a month ago are still listed. It's possible there may be issues with the home or sellers with excessive price expectations with the Comfree homes, while realtors may be pricing their homes more aggressively to get their commissions more quickly. We don't have a lot of COMFREE out here or even a lot of sale by owners of any sort. Does anyone have any insight or experience dealing with real estate deals using Comfree? Either way I know I'll be needing a good local lawyer to help us with our transaction, and a home inspector. I'm thinking that if we go with a Comfree sale, these people would be even more important in the sale. RE: New Member - Introduction and thanks! - MidTowner - 06-01-2016 I’m not a real estate agent, don’t have any in the family or as more than acquaintances, but I think it’s important to get a real estate agent, especially if it’s an area you are unfamiliar with. I have dealt with for-sale-by-owners in the past, and it hasn’t always been pleasant: in most of the cases, they seemed to price the property too high without much thought to comparables, and were very sticky on the price because of their emotional attachment to the property. My sample is small, and I’m sure not all of them act that way, but I believe you’re right about them taking a while to sell because of unrealistic listing prices. Most of the sellers who post on Com Free or even just put up a sign are willing to pay a commission to a buyer’s representative. Ultimately you’ll be paying that, but I think it might be worth it for the knowledge that a (good) agent would have. No doubt it’s entirely possible to close a deal with a good real estate lawyer and save a lot of money. Since you’re still thinking about which neighbourhoods might suit you, and aren’t as familiar with the area, I’d say it would be prudent to find an agent. RE: New Member - Introduction and thanks! - Spokes - 06-01-2016 (06-01-2016, 01:13 AM)Cartcanuck Wrote: We have noticed that homes listed with COMFREE are staying on the market a lot longer than homes listed with realtors. Homes listed with realtors have been selling in 9-14 days from what we've seen, while many Comfree houses from a month ago are still listed. It's possible there may be issues with the home or sellers with excessive price expectations with the Comfree homes, while realtors may be pricing their homes more aggressively to get their commissions more quickly. We don't have a lot of COMFREE out here or even a lot of sale by owners of any sort. Does anyone have any insight or experience dealing with real estate deals using Comfree? We bought our house that was listed with ComFree. Noticed the same thing, it was on the market longer than I thought it should have been. I think sometimes the seller not having any guidance hurts them. It did in our case. That being said, we used an agent. There are too many things I just don't know about that it was the right call for us to have one. RE: New Member - Introduction and thanks! - BuildingScout - 06-01-2016 (06-01-2016, 01:13 AM)Cartcanuck Wrote: while realtors may be pricing their homes more aggressively to get their commissions more quickly. This. Several agents suggested pricing our house 20% below what we finally got. No one came close to suggesting the proper list price. However I'd tracked real estate prices in the area and I knew they were low-balling the price and we sent them packing. RE: New Member - Introduction and thanks! - tomh009 - 06-01-2016 (06-01-2016, 09:00 AM)BuildingScout Wrote:(06-01-2016, 01:13 AM)Cartcanuck Wrote: while realtors may be pricing their homes more aggressively to get their commissions more quickly. While it may seem at first that agents want to maximize the listing price (they are paid as a % of selling price), actually they usually want a low selling price as they want to minimize the time required to sell. That said, a high asking price will tent to increase the length of time the house is on the market, so need to balance the time vs money equation when deciding the selling price. RE: New Member - Introduction and thanks! - Viewfromthe42 - 06-01-2016 See below for theoretical Real Estate Agent motivations: https://www.youtube.com/watch?v=aFYlgqv3T-w RE: New Member - Introduction and thanks! - eizenstriet - 06-01-2016 (06-01-2016, 09:00 AM)BuildingScout Wrote:(06-01-2016, 01:13 AM)Cartcanuck Wrote: while realtors may be pricing their homes more aggressively to get their commissions more quickly. That word "aggressively" is being used a lot in corpspeak lately to forgive a multitude of transgressions. |