Trusted Tips and Resources

Trusted Tips & Resources

SASKATOON REAL ESTATE expert's TRUSTED TIP on being ready to sell your home on The SASKATOON DIRECTORY of excellence

Trusted Saskatoon Real Estate TRUSTED TIP

Six Simple Things You Can Do to Ensure a Smooth Home Purchase Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible:

1. Check your credit. Before you apply for a home loan, regardless of your credit, it's a smart idea to obtain a copy of your credit report from the three major credit bureaus and review the information. If there are errors or things that need to be addressed, it's easier to address them before you have found a house, than after you have found a house and are trying to close your loan. If you know that there are a few blemishes on your credit, let your lender know what they are, why they are there, and why you are a still good credit risk. Lenders look at your credit to determine how likely you will pay back the loan. If you had extenuating circumstances - like a loss of a job or medical bills - let them know so that they understand that it is not likely to happen again in the future.

2. Get approved before you buy. An approval means that a lender has reviewed your credit history, verified your assets and employment, and has approved your loan before you have found a home to purchase. As long as the home appraises for at least the purchase price, the loan should close. Getting approved also gives you an advantage over other buyers. Your firm approval makes it easier for you to negotiate on the price of a home, than a person who is not approved or is pre-qualified. While getting pre-qualified may sound official, it is really just getting an idea of what you can afford. Its having a person plug in a few numbers that you give them - your monthly income and your monthly debt - and getting an approximate payment calculated. From the payment, the calculator can approximate the house price range that you can afford. No information is verified. Because your assets, income or credit is not verified, a pre-qualification has little value when purchasing a home.

3. Find a great buyer's agent. Traditionally real estate agents represent the sellers in a transaction. When you are not working with a buyer's agent, they are less likely to negotiate the best price or contingencies for you. A buyer's agent's job and fiduciary responsibility (meaning legal duty) is to you, the buyer. Before working with an agent, establish if they are a buyer's agent or a seller's agent. After spending a lot of time with a Realtor, it's natural to feel like you're a team. But if they are not negotiating for you, then they are not on your team.

4. Learn about the neighborhood. Often times the house you find may be in a neighborhood that you're not familiar with, which is ok. It just means that you'll have to do a little more research. If you find a house that you like, ask for a list of the neighborhood properties that sold in the last year. How does your home rank? Is it at the top of the price range? If so, it might be hard to resell. Is it average or on the low end? If so, great - as the other home prices go up in value, they will pull your home's value up as well. Check out the schools - are they sought after? A good school district means your neighborhood will always be valued by families which is a great reassurance to purchase, not to mention the value-add if you have school-age children. Next, contact the police station and obtain crime statistics? Are they acceptable to you? Sometimes, if they won't give them to you, it could be a cause for alarm. Talk to the neighbors. The more people you talk to, the better sense you will get of who makes up the neighborhood and how they will effect your time spent in it. Check out the location of the shopping, police and fire stations, schools, and air traffic overhead. These are all things that might affect your property value or quality of your life.

5. Protect Yourself. Ask your Realtor for a copy of the documents you will be asked to sign if you decide to buy the house. Read them ahead of time so that you'll understand the questions that you will be asked, the things you need to know, and the decisions you will need to make.

6.) Have reasonable expectations. There is a lot of money at stake. No house is perfect. Understanding and remembering these two statements will help diffuse the negotiation stage, the inspection stage and the closing stage. Emotions are high for both buyers and sellers. - The seller may have loving memories and years of sweat equity in the house. Maybe they are being relocated and don't want to go. Understanding their motivations for selling will help you appreciate their situation and predicament during these emotional times. There is a lot of money at stake for all the parties involved (and that includes the realtors) - Just remember that market value (the value of a home) is the price that a willing buyer and a willing seller can agree to. If you can not agree on a price, ask yourself: Is there something you missed? Are there comparables that support the price that they want? Are there motivations that might factor into the price they are demanding? In the end, does it matter? What is the house worth to you today and what do you think you can reasonably sell it for based on the amount of time you plan to spend in it? Think about the answers to those questions before you make your move. No house is perfect - Always get an inspection. It might be a few hundred dollars, but it's worth it. It's the inspector's job to find any problems with the house that could cost you thousands to repair down the road. Some inspectors have a tendency to over play the importance of their role and the items that they find. Get objective opinions that you trust before making a decision on an inspection report. Likewise, if an inspector says a foundation is cracked but its nothing to worry about - get a second opinion. Ask a handyman for an idea of how much repairs will cost and how complicated they are. The home buying process is an emotional, complex and time-consuming process, but it is worth it. Nothing compares to owning your own home in a neighborhood that you choose.

Check out Trusted Saskatooon Realtors on their listing here in the SASKATOON REAL ESTATE Category on THE SASKATOON DIRECTORY of excellence.

 

Trusted SASKATOON INSURANCE Expert shares a Trusted Tip on Home Insurance on TRUSTED SASKATOON

 

Is Your Home Insurance Keeping Up With Your Home?

These days most of us are watching what we spend and major purchases are often something we save for over a long period of time. That's why it's becoming increasingly important to protect our assets—they're tough to replace. One of the best ways to protect what you've worked hard for is to make certain your home and personal property are adequately insured. While most of us have home insurance, we tend to pay little attention to the details of exactly what it covers and whether it's enough. Most policies cover your home and contents against losses from fire, vandalism, burglary and other perils, however the exact nature of the coverage varies from one policy to another. For example, some policies automatically insure contents for a percentage of the building limit. For example, if your building is insured for $120,000 and your policy allows for 75%, the contents would be insured for $90,000. This is where some people make a mistake. Ninety thousand dollars sounds like a lot of coverage but when you do a quick inventory of your belongings and add up what it would cost to replace them, you might be astounded at the result. And $90,000 is often not enough. Here are three ways to make sure you have enough coverage. First, add replacement cost coverage to your policy. This ensures your loss will be paid based on current cost of replacing or repairing the item, without any deduction for depreciation. It's comforting to know that if your ten year old bedroom suite is destroyed, you'll get enough money to replace rather than simply the amount it's worth today. Second, review your policy to see if there are any limits on items like jewellery, furs, or coin collections. For example, the limit on jewellery can range from $1,000 to $10,000 depending on your policy. Since these items may be worth more than your policy's limit, it's advisable to insure them separately based on their appraised value. Third, to help determine how much personal property coverage you need and to help provide proof of ownership in the event of a claim, take stock of the contents of your home.

There are several ways to record this information.

• Write down a description of your possessions room by room and keep any receipts with the list.

• Videotape a walk through your house, verbally describing the items you're taping—include serial numbers and purchase dates.

• Take pictures of the major items and attach a receipt to the back of the photo.

It's important to update this record on a regular basis. It is wise to leave it in a safety deposit box so that if your home is damaged or destroyed, your record won't be destroyed along with your other things. Some insurance companies have developed inventory forms to make the job easier. The key with any type of insurance protection is to identify your needs and with the help of your insurance company, design a policy to meet those needs. Once this is done, you should review your policy annually to make sure your insurance is keeping up to the value of your home and contents.

 

 

END OF THE ROLL a SASKATOON FLOORING Expert share a Trusted Tip on Flooring and your Health,on the SASKATOON DIRECTORY

The moment you enter the doors at End Of The Roll, you know you have found the perfect place to help with all your flooring needs. As small as a hallway to as large as a commercial space – their flooring experts will guide you through the selection process, making sure you end up standing on solid ground. It has always been the goal at End Of The Roll to provide customers with the highest quality flooring and the best purchasing experience. They are your SASKATOON FLOORING  Expert on the SASKATOON DIRECTORY of experts!

Flooring & Health Concerns

If your family has health concerns such as a predisposition to allergies or asthma, you may want to factor this in to your decision about new flooring.

In order to minimize the amount of dust on your floor, consider which kind of floors will be the easiest for you to keep clean. This could include choosing the right colour and flooring type. For instance, dark coloured flooring shows the dust better than light or speckled styles. If you can see the dust then it will be easier to stay on top of cleaning it daily.

There are mixed reviews about carpet, but this is mainly due to regular cleaning. Yes, dust gets onto carpet the same as other types of floors, however sometimes it is harder to see, and we may tend to vacuum less than we sweep or mop. Old carpets which have not been deep-cleaned for a long time may contain mites or mold and sometimes it is best to entirely replace these areas of your home with new flooring if necessary.

Come in to End Of The Roll and talk to us about your considerations. We are here to help and, with top suppliers, brand names and "prices that will floor you," together we can minimize the floor related health concerns in your home.

We also carry cleaning products, so be sure to check out our display in-store!

Find End Of The Roll online at www.endoftheroll.com or visit their large show room at 74 33rd Street East Saskatoon, or check out their listing in the SASKATOON FLOORING Category on www.trustedsaskatoon.com   . END OF THE ROLL are your SASKATOON FLOORING EXPERTS right here in ...on THE SASKATOON DIRECTORY of excellence!

Stay Trusted my friends..SAFE AND TRUSTED SASKATOON Of course!

 

 

Trusted Saskatoon Founder Sara Wheelwright is interviewed by local Regina magazine Show " Talk of the Town host Roger Currie

Sara Wheelwright the Trusted Online Directories Founder was recently Interviewed on a Local Regina stations ( Access Channel 7 ) Popular daytime magazine show " Talk of the Town " by the wonderful host Roger Currie.

Roger found out about www.trustedregina.com on the ' Social Media Grapevine' ( Linkedin) and contacted Sara to ask for an interview..she gladly agreed..and enjoyed chatting with Roger about where the idea for Trusted came from ...whats involved with being TRUSTED...and whats the plans for this new and dynamic business that workd for the public and is trying to change the way businesses operate by promoting the ones out there that are doing it WELL! 

Enjoy!!

   

 

 

 

Stay Trusted my friends..SAFE and TRUSTED SASKATOON!

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S & E Trusted Online Directories Inc
TrustedSaskatoon.com
129 21st St E #400
Saskatoon, SK   S7K 0B2
Ph: 306.244.4150

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