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Nova Scotia Real Estate Article
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Finding Real Estate For Sale
from:Finding real estate for sale is easier today than ever before. Obtaining listings from websites means you no longer have to drive around town looking at homes with for sale signs or wait for an appointment with a real estate agent. With this in mind, if investing is your strategy, remember that simply purchasing a property to resell or rent to tenants is not the end of the story. Smart real estate investors look for properties that are below market value. A good way to find these is to look at foreclosures. Some homes that have been foreclosed on will be ready to rent or resell at a profit. Other buildings may need renovations or updates in order to sell them. Working with a trusted real estate agent who specializes in foreclosures, knowing what you are investing in ahead of time by carefully looking the property over and making the best deal you can will help insure that you come out ahead of the game.
Getting your hands on foreclosure listings
Obtaining and reading a listing of properties that have been foreclosed on can have its advantages. Ideally a listing will have a photo of the property as well as any pertinent information about the property. You will know ahead of time what features and amenities the property has. If you are planning to purchase the property strictly as an investment, these features can be strong selling points. Other pertinent information will include the asking price, which usually can be negotiated even on a property that has been foreclosed on. The lot features such as lot size, sewer and utilities should be listed as well as building interior and exterior features. If appliances are going to stay they will be listed as well. Homes that have been foreclosed on will not have a tenant or homeowner there so the real estate listing will be your main source of information. This also generally means possession after closing is immediate so there is no wait for the current tenants to move out. This is the best way to make a quick turn around on your investment. It is also imperative that you do get a listing of foreclosed properties, either from a bank, credit union, mortgage company, real estate agent or online. Most of these properties will not have a real estate for sale sign in front of them until after they have been put on the market which could mean less negotiating power for you. Many times the companies that have repossessed the properties will send someone around to do repairs or other updates to the property before they are listed with a real estate agent. Making an offer on these properties before that happens can lead to a win-win situation for everyone involved.
Nova Scotia Real Estate Specific links
Nova Scotia Real Estate News
Scotiabank Agrees to Sell Scotia Plaza for C$1.27 Billion - BusinessWeek
 Proactive Investors USA & Canada | Scotiabank Agrees to Sell Scotia Plaza for C$1.27 Billion BusinessWeek By Doug Alexander on May 22, 2012 Bank of Nova Scotia agreed to sell its Scotia Plaza office complex in Toronto for C$1.27 billion ($1.24 billion) to two Canadian real estate trusts. Dundee Real Estate Investment Trust (DU) and H&R Real Estate ... Dundee REIT Falls After Deal to Buy Scotia Plaza Scotiabank to sell Scotia Plaza complex for $1.26 bln Scotiabank's landmark Toronto tower sells for record $1.27-billion |
Dundee REIT, H&R REIT Agree To Buy Scotia Plaza For C$1.27 Bln - Wall Street Journal
Dundee REIT, H&R REIT Agree To Buy Scotia Plaza For C$1.27 Bln Wall Street Journal By Ben Dummett Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--Dundee Real Estate Investment Trust (D.UN.T) said Tuesday it agreed with H&R Real Estate Investment Trust(HR.UN.T) to acquire the Scotia Plaza office complex in the center of Canada's financial ... |
Yarmouth lawyer suspended for real estate misconduct - CBC.ca
 CBC.ca | Yarmouth lawyer suspended for real estate misconduct CBC.ca A Yarmouth, NS, lawyer has reached a disciplinary settlement agreement with the Nova Scotia Barristers' Society for professional misconduct. Raymond Jacquard faced scrutiny over his role in 62 property transactions between 2006 and 2008. Lawyer to be suspended for one year |
Reno vs Relocate: New TV Show Helps Homeowners Decide - SYS-CON Media (press release)
Reno vs Relocate: New TV Show Helps Homeowners Decide SYS-CON Media (press release) Vanessa Roman of EXIT Realty Metro in Dartmouth, Nova Scotia will be a co-host of Reno vs Relocate airing back-to-back episodes on Mondays starting May 28th at 9pm on HGTV. The premise of the program follows home owners as they choose between ... |
Reno vs Relocate: New TV Show Helps Homeowners Decide - EIN News (press release)
Reno vs Relocate: New TV Show Helps Homeowners Decide EIN News (press release) A dynamic new real estate show is about to air on HGTV Canada giving insight to one of the toughest questions home owners face -- move or renovate? Vanessa Roman of EXIT Realty Metro in Dartmouth, Nova Scotia will be a co-host of Reno vs Relocate ... |