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Displaying blog entries 1-10 of 34

Getting Ready to Sell? Read This First

by Claire Franceschetti

For Sale (Almost)?

When it's selling time, there are a few things to keep in mind. As homeowners, we all make a lot of memories in our homes, and there's no doubt it's emotional to say goodbye to the well-loved kitchens and family rooms when they go on the market.

Unfortunately, potential buyers will not be charmed by that "lived-in look."

As a Realtor who works to get ready of selling time, here are a few simple DIY projects that will help make things look sharp. These little fixes will rejuvenate some common trouble areas and make homes more appealing to fussy buyers...

1) Cracked Tiles.

While tile holds up almost indefinitely to all kinds of wear-but sadly, tile cracks if something heavy is dropped on it. We sometimes live with cracked tiles, putting off the task of replacing them. It's relatively simple to replace broken tile: remove the grout, mask the surrounding tiles with tape, loosen the tile, chisel out the pieces, set the new tile, fill the perimeter with new grout and allow the grout to dry. Goodbye, shabby tile.

2) Scratches and dings and gouges, oh my!

 

Wall and cabinetry dings happen as a matter of living in your home. Even the best kept stairwells get beaten up over the years due to high traffic. Here's how to make things look better: Minor scratches can be wiped clean with mineral oil, lightly sanded with fine grade sandpaper and sealed with polyurethane. Scratches that penetrate the finish can be filled with a like-colored furniture repair stick. The product consists of wax and putty, and is easy to apply. Follow with a coat of polyurethane.


Not quite a gouge, but deeper than a scratch? Use wood putty in a matching color. Gouges also can be treated with wood putty. Make the repair, let it dry and apply the polyurethane.

3) Counter intelligence?

Bags of groceries, stubborn food stains and the occasional misfire with a kitchen knife are all to blame for counter surfaces looking scuffed and sad. Fortunately, there are simple solutions that won't leave your wallet empty.

Here's what to do: Laminate is a repair-friendly surface: a color-matched repair pen or paste will camouflage most scratches. Be careful not to overfill, and gently sand the excess when dry. The remnants of past meals can be removed using a paste made from baking soda and water. Leave the paste for a few hours and wipe away. No need to rub or scrub.

Minor scratches on Corian can be treated by using a mild abrasive liquid cleaner on a damp sponge, rubbing over the scratch in small, overlapping circular motions, and rinsing with clean water. Wipe the surface completely dry, and repeat if the blemish is still visible. Deeper scratches should be treated following the manufacturer's instructions. With a little elbow grease and a modest investment of time and money, you can bring the sexy back to worn surfaces.

 

Market Watch Video: August IT WAS HOT!!!

by Claire Franceschetti

July TREB Video Update!

by Claire Franceschetti

Good News! Steady growth in market for the balance of 2013 is still projected for the Toronto real estate market. 

Toronto Real Estate Update for May 2013

by Claire Franceschetti

Here's what's happening with Real Estate in our market. 

 

Real Estate Update: What Happened in March?

by Claire Franceschetti

Here's a brief word from the Toronto Real Estate Board's chief economist about what's happening with Toronto's real estate market.  

Overall, the number of sales have decreased about 17% over last year, but the average price continues to increase. Click on this link for more details!

 

Here is Jason Mercer's take on the upcoming Spring Market. Overall, the Toronto Real Estate Board projects more sustainable growth in and around the 3-4% range for prices this year.

Take a look at February's summary:

 

"Claire, How's the Market?"

by Claire Franceschetti

 

Real Estate Market Still Healthy!

Well, I just did my monthly review of the February sales numbers for the Toronto Real Estate Board today. The numbers in general, are still very strong in the GTA. 

Sales have dipped slightly compared to 2012. In February 2013 there were 5,759 sales reported on TREB which is lower by 15% off the 6,809 reported in February. Last year February had 29 days so there was an extra day of sales

Inventory has gone UP year over year.  The are 15,969 homes for sale on TREB which is up by almost 10% over February last year. With 15,969 homes for sale and 5,759 sales in February, this gives us a 2.8 months supply of inventory. Generally speaking we are still in what is considered a “Sellers Market”. There are of course some areas and price ranges that are really hot and others are more balanced. What’s interesting is that the number of new listings coming on the market has slowed down this February over last. I’ll keep an eye on this as we’ve been dealing with a tight inventory supply and it’s been a welcome relief to have a few more homes on the market.

What’s going to happen? My opinion hasn’t changed at all. Sales will remain healthy and prices will increase slightly over the year. With the increased inventory in many areas, buyers will have more choices and so sellers will need to be careful to price their homes right. As far as I’m concerned, these are perfect market conditions right now.

Who do you listen to? There is so much confusion out there with mixed messages being reported. If  want to get a clearer picture, please give me a call. And remember, if you know anyone who needs help with real estate and is looking for an agent, I have a good one in mind!

Newest Kleinburg Exclusive Listing: 175 Donhill Cres.

by Claire Franceschetti

 

Please enjoy my latest Kleinburg Listing. This beautiful, mature property is only being offered Exclusively. If you would like to see it, please give me a call!

And remember, just like these sellers, if I sell you home, I will move your for Free! Please check out the Move for Free tab for more details.

Enjoy!

Trouble with Home Appraisals

by Claire Franceschetti

In recent months, the major banks in our market have begun to tighten their lending rules. It follows too that with the market coming into balance, banks are now seeing a greater level of risk in granting mortgages because the values of homes may not continue to appreciate at the record braking rates of yesterday.

With a balanced or declining market, banks can be left holding mortgages for homes that were appraised too highly. As a result, they are trending towards "In Person" appraisals over the standard, quick automated appraisal of yester years.

Here's the bank's perspective on their changing method of home appraisals. 

If you are refinancing expect a home visit by an appraiser. It's the reality of today's uncertain market.

What's the Market Doing?

by Claire Franceschetti

I know there have been many conflicting reports and the media has been spinning some very negative stories in the news. Well, the market is still chugging along and sales are UP!

Greater Toronto REALTORS® reported 1,469 sales through the Toronto MLS system during the first two weeks of January 2013. This result represented an increase of 2.4 per cent over the 1,435 transactions reported during the same period in 2012.

I’ll keep an eye on things as the month progresses and report back to you early in February. What we ARE seeing is that the number of new listings coming on the market is a bit higher which will increase the inventory and give more choices to the buyers. Sellers and their agents will need to be aware of this. The great news is that the sellers who stick close to the real market value, still have a great chance of selling ... contrary to what you may hear or see in the news.

Who do you listen to? There are multiple opinions on what’s going on out there. If you’re confused and want to get a clearer picture, please give me a call. If you know anyone who needs help with real estate and is looking for a good agent, I have one in mind!

Displaying blog entries 1-10 of 34

Contact Information

Photo of Claire Franceschetti Real Estate
Claire Franceschetti
Right At Home Realty Inc.
190 Marycroft Ave.
Vaughan ON L4L5Y2
Direct: 416-918-6325
Office: 416-391-3232
Fax: Fax: 416-987-8001