The Michael Leclerc Home Selling Team January Newsletter

If you’re considering buying a new home, one of your most important tasks is to find the right professionals to help you. You’ll need a good REALTOR® and possibly other professionals such as a real estate lawyer, contractor, cleaner, carpet installer, plumber, electrician and a moving company.

The Emotional Side of Selling

Let’s face it. Selling your home is as much an emotional decision as it is a practical one.

Sure, in some ways, a property is a “product”. You want to sell that product quickly and for the best price, so you can buy your next dream home.

A home, however, is also a place filled with memories and emotional attachments. You’ll think of the rec room where the kids’ birthday parties were held; the dining room where you had countless family dinners; and the backyard deck where many afternoons were spent enjoying the sunshine.

That’s why managing the emotional side of selling your home is so important. Here are some tips:

• Have your kids draw pictures of the fun they’ll have in their new home.
• Remind your kids that they’ll be able to stay in touch with their old friends, while making new ones.
• Visit neighbourhoods where you’d like to find your next home. Walk around. Get a sense of what it’s going to be like to live there.
• Consider taking a keepsake with you from your old home to help ease the transition.

Want more ideas for making your next move go smoothly? Call today.

It pays to know the average price of homes for sale in your neighbourhood, as well as that of homes that have sold, including both over-list and under-list sales. We track all Winnipeg neighbourhoods daily, which allow us to be more accurate, set list prices on the homes we sell, while also making intelligent offers. If you would like a Free Home Value Appraisal  of your current home in Winnipeg or surrounding area  , please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.

What To Do When Closing Dates Don’t Match

If you want to sell your current property and purchase your next dream home, you might be concerned that the closing dates need to be on the same day.

You might be worried about losing a property if the closing dates overlap, or being put out on the street if the dates are far apart!

For the most part, these concerns are unfounded. Thousands of properties change hands every day and usually everything works out just fine. In fact, it’s amazing how often closing dates actually do match!

But what happens if the closing date of the home you want to buy is days or weeks earlier than the closing date of your own property?

Most lenders anticipate this situation and offer something called “Bridge Financing.” This is a special loan that allows you to purchase the property with the earlier closing date. When your current property closes, the bridge financing ends and your new mortgage – if you need one – begins on the new home.

Alternatively, if the home you want has a later closing date, your REALTOR® can help you explore options, such as finding a short-term rental.

Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!