Question 1

How do I know when it’s the right time to buy or sell a house?

Accepted Answer

Market conditions can tell you a lot about whether it’s a good time to buy or sell, but an even more pertinent concern is whether it’s the right time for you personally. For instance, if you sold your house in the next 30 days, where are you going next? The same question applies to buyers—if you bought a house in the next 30 days, would it cause a problem? Do you have a lease that you can’t get out of for several months? I’ll work closely with you and assess your personal situation to determine if it’s the right time for you to buy or sell.<BR>

Question 2

Can you provide information about certain neighborhoods?

Accepted Answer

Yes, I can guide you toward resources that will help you determine if a particular neighborhood is right for you.<BR>

Question 3

Can you help me determine the condition of my house before I put it on the market?

Accepted Answer

Yes, I can give you guidance regarding the condition of your house and tell you which measures need to be taken before you put it on the market. There are three levels when it comes to the condition of properties: ‘fixer-upper,’ which requires a lot of money and time; ‘cosmetic fixer-upper,’ which requires moderate cosmetic renovations; and ‘turnkey,’ which is basically move-in ready.<BR>

Question 4

If I’m planning to buy a home, should I be worried about the possibility of another economic recession?

Accepted Answer

Unfortunately, I can’t tell what’s going to happen to the market in the future. The biggest factor to consider is your motivation for buying. If you’re looking for a long-term residence for you and your family, you shouldn’t worry about the future market. Like any long-term investment, owning a home entails economic highs and lows, but as long as you hang in there, you’re likely to end up on top. However, if you’re looking for a short-term investment, you should be prepared to encounter a much higher level of risk.

Marc Guay Team

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