Welcome to #AskPete

Why This Matters for Your Real Estate Transaction

Did you know that outdated certificates of location are one of the top reasons real estate transactions in Quebec get delayed? As a real estate broker, I’ve seen this happen time and time again. Let’s break down everything you need to know about this crucial document so you can avoid unnecessary roadblocks.

I often get asked, “What’s happening in the real estate market?”, so I’m sharing some key stats today that I monitor regularly in order to understand how to best set my clients up for the best outcome when they buy or sell.

Understanding the Timeline from Offer to Sold Home

Have you ever wondered how long it takes to go from an accepted offer to officially owning your home? You’re not alone! Many buyers and sellers in Quebec’s real estate market ask this question.

Let’s break down the timeline, key steps, and factors that can speed up—or slow down—your journey to closing.

Understanding the True Cost of Homeownership

Did you know that closing costs alone can add up to 2-3% of your home’s purchase price? That means if you’re buying a $500,000 home, you could be paying up to $15,000 in additional expenses—on top of your down payment.

As a real estate professional in Quebec, I’ve seen many buyers get caught off guard by these extra costs. To help you make an informed decision, let’s break down the hidden costs of homeownership and how you can plan for them effectively.

According to the National Association of Realtors’ 2023 Profile of Home Staging, 81% of buyers say a well-staged home makes it easier to visualize the property as their future home. But preparing your house for sale involves more than just staging – it’s about creating an irresistible first impression that turns viewers into buyers.