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FAQ (Frequently Asked Questions) about Real Estate in Mississauga

I hope you find the answer to all of your real estate questions on this page.  If not, please send me an email and I would be happy to help you! Mark Argentino, P.Eng., Broker Click here to enter my website!

What is my home worth?FAQ page

This is the most common question that I get asked.  You may fill out this handy no obligation over the internet market evaluation form and I will email you a market value for your home.

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How long do you think it will take to sell my home?

Every house is unique.  I've had homes sell within hours of listing on the market and sometimes it takes months to sell or sometimes never sell at all.  I believe there are three primary reasons why a home does not sell.

As a home seller you can control the price of your home and I will control the marketing of your home.  Unfortunately, neither of us can control the timing.  Read more details about how long it should take to sell your home.

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What do I need to do to make my home more saleable and improve my sale price?

There are many items to be aware of and take care of.  You can find a short list of quick fixes to help you ready your home for sale.  Or you can read in great detail about my 79 ideas and suggestions to get you more money when you sell.

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Should I Buy my next home before or after I sell my current home?

Often I get asked this question - the answer is not simple.  There are two situations you probably want to avoid.  The first is situation is if that you find and buy your dream home before you've sold your current home, you may be faced with carrying two mortgages for a while, this can get expensive.   The other situation is that you have an excellent purchaser for your existing home before you've found your next home, thus, you may find yourself living at your in-laws for a few months if convenient closing dates can not be negotiated.  As you can see, this can sometimes become a tricky situation.
Read the Solution on whether to sell first or buy first

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Should I buy a new builders home or a resale home?

This depends upon your desires, your budget, your time and many other factors.  Please read further about whether to buy a new or resale home.

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What are the positives and negatives to home ownership?

Buying a home means more than simply making a monthly mortgage payment. It also means paying taxes, maintenance costs, and insurance premiums. If you buy a condo, town house, or co-op, you're also taking on the added responsibility of monthly assessments for maintenance of the commonly held property. If you're a home owner, you shoulder the burden of home maintenance yourself. If the roof leaks, you have to fix it. If the boiler breaks, you must replace it. There is no landlord to call.  Continue to read in detail the benefits and possible drawbacks to home ownership.

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When is the Best Time to Sell Your Home?

Everyone seems to have specific ideas on when the right time is to sell.  Some base their theories on the overall economy, while others will tell you that there are key buying months that you'll want to capitalize on.  Usually spring is the best time to sell your home, see the spring, summer, fall and winter cycle

Read more about when is the best time to sell your home?

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When is the best time of year to purchase my home?

The best time of year to make your purchase is dependant upon many factors, including your personal situation, the local real estate market conditions and the general state of the economy.  My experience says that the best time to purchase your home 'was yesterday' and I'm not kidding.  You must get into the market as soon as you can, mainly to begin reducing your mortgage rather than paying your landlord which in turn increases your equity and allows you to move up to a larger home within a few shorts years.  This is one of the secrets to real estate.  You may see a very interesting and regular pattern of price changes in the marketplace and this will give you an idea of the market peaks and valleys during the year.

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What is your commission rate and is it negotiable?

As you may know, commission rates in Mississauga and the GTA are negotiable and the commission that I can charge is also negotiable.  You will see many advertisements that proclaim an almost unbelievably low rate and the truth is that you must read the fine print in all of these advertisements to learn the full and true commission rate.  Generally speaking, many ads in Mississauga proclaim 2.5%, but, what they are referring to is the selling broker's commission only.  Then you must add the listing brokers commission, which is generally 2.5% and thus you have a total of 5% commission.  Please read a full explanation about real estate commission in Mississauga

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What did my neighbour sell his house for?

I will email you the price your neighbour sold for.  Follow this link to find out what you neighbour sold his house for.

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Do I have to pay any commission when I purchase my home?

No, there is no commission when you purchase your home through me. 

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Do you have any online Mortgage calculators on your website?

Yes.  I have five calculators to help you calculate your monthly payments, the amount of mortgage your qualify for, amortization table calculator a calculator that calculates the amount of income your require to qualify for a certain mortgage amount and even a land transfer tax calculator.

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Where can I find the best mortgage interest rates?

You may find links to all the major mortgage lenders or the best mortgage interest rates on the internet

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The Importance of a home inspection

A home inspection prior to purchasing a home or condominium can bring peace of mind when you sign the sales contract. Knowing what to expect both inside and out will help you make an informed decision about the value of the home and the future upkeep.  Read more about home inspectors and the reasons for hiring a certified home inspector.  Home Inspection Issues, concerns, tips and information

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Glossary and Definitions

Yes I do! See Glossary of Real Estate Terms and first time buyer terms and mortgage terms and home styles

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If you have any other questions or concerns that are not addressed on this page, please feel free to
contact me via email
anytime

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Next Step in the Selling Process

 

Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale  | All Pages including Mississauga Real Estate Blog all maintained by info@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434  Google  First created - Tuesday, July 16th, 1996 at 3:48:41 PM - Last Update of this website: Friday, December 1, 2017 10:13 PM
At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and - or Meadowvale ) Ontario, Canada Real Estate Homes and Property Internet web site you will find relevant information to help you and your family.


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