Buying and selling a home are the biggest financial transactions most people will ever tackle. Well, help has arrived. This revised edition of Buying and Selling a Home For Canadians For Dummies prepares you to get what you need and want when buying a new home or selling the one you’re in. Everything from arranging your finances and hiring an agent, to inspecting prospective homes and assessing home values, to making or fielding offers is presented in a clear and humorous way to help you get the most out of the process. Updated in the 4th Edition: Revised mortgage laws: With a shortened maximum amortization period, an increased minimum downpayment, and new rules regarding open mortgage rates, home financing has changed considerably. This new edition explains what readers need to know. HST: Newly introduced in BC and Ontario, the HST will apply to new home purchases. This new edition will consider how this tax will affect buying a home. Online tools and resources: The MLS has undergone a dramatic change since the last publication, with further changes on the way. Other new tools for house hunting and selling, such as mobile apps, will also be examined. Foreclosures: An unfortunate financial reality for some Canadians, the book will investigate the opportunities it creates for homebuyers, and the problems it may pose for sellers unable to move their property. New approaches to buying and selling a home: The guide will cover buying and selling strategies for hot and cold markets, ensuring that buyers and sellers get the best price.
Book Details:
- Author: Tony Ioannou
- ISBN: 9780470951965
- Year Published: 2011
- Pages: 416
- BISAC: BUS054000, BUSINESS & ECONOMICS/Real Estate / General
About the Book and Topic:
Buying and selling a home are the biggest financial transactions most people will ever tackle. Well, help has arrived. This revised edition of Buying and Selling a Home For Canadians For Dummies prepares you to get what you need and want when buying a new home or selling the one you’re in. Everything from arranging your finances and hiring an agent, to inspecting prospective homes and assessing home values, to making or fielding offers is presented in a clear and humorous way to help you get the most out of the process. Updated in the 4th Edition: Revised mortgage laws: With a shortened maximum amortization period, an increased minimum downpayment, and new rules regarding open mortgage rates, home financing has changed considerably. This new edition explains what readers need to know. HST: Newly introduced in BC and Ontario, the HST will apply to new home purchases. This new edition will consider how this tax will affect buying a home. Online tools and resources: The MLS has undergone a dramatic change since the last publication, with further changes on the way. Other new tools for house hunting and selling, such as mobile apps, will also be examined. Foreclosures: An unfortunate financial reality for some Canadians, the book will investigate the opportunities it creates for homebuyers, and the problems it may pose for sellers unable to move their property. New approaches to buying and selling a home: The guide will cover buying and selling strategies for hot and cold markets, ensuring that buyers and sellers get the best price.
A market on the rebound: New housing starts and resales are on the rise (up 15% and 5% respectively), and projected to continue to grow in 2011. A needed revision: Since the last edition, mortgage rules have changed substantially, the HST has been introduced, and the real estate market has altered considerably. The book will cover these changes, adding up to 25% new or updated content. Comprehensive coverage of topic: Comes at the subject from both sides, looking at the buyer’s perspective as well as that of the seller’s. An increasingly popular title: The first edition netted 6,000 copies, and the second sold over 7500 copies, and the third edition has sold in over 10,700 copies to date (7,526 Booknet).
About the Author
Tony Ioannou has worked in Canadian real estate for over 20 years, and is a senior associate with Dexter Properties, Inc. in Vancouver. He has consistently been a top-producing salesperson for NRS Block Bros. and with Dexter Properties (since 1990). He is a past division director for the Real Estate Board of Greater Vancouver. Sarah Daniels is a BC-based Realtor with Bay Realty Ltd., who works in partnership with her brother, Philip DuMoulin. Following a successful career in both radio and television, she transitioned into the world of real estate. She is also the author of Welcome Home.