🚀 go-pugleaf

 (dziff@home.com) writes:
> It's important to remember that there isn't just one realestate agent selling 
> a house.  It is very competitive in the agent market. You want to get what 
> ever offers into the seller as soon as possible. You don't try to hold out to 
> get a better offer to push your commision as someone else may sell the house 
> before you get that better offer as an agent...

The real estate market in Ottawa is very competitive?

> In article <3BF2C693.E489BA1B@home.com>, Vijay Aggarwal 
> <vijay.aggarwal@home.com> wrote:
>>I DONOT THINK ANY BODY PAYING TO BUYING A HOUSE IN CANADA
>>THOSE DAYS MIGHT COME SOON
>>
>>Elat Lerner wrote:
>>
>>> Vijay Aggarwal (vijay.aggarwal@home.com) writes:
>>> > u donot pay comm.when u  buy the house, seller pay to agent for selling the
>>> > house.
>>>
>>> Not necessarily.
>>>
>>> If the seller(vendor) pays then all agents involved work for the
>>> vendor. So if you are the buyer, and you have an agent show you
>>> properties, get you to make an offer, etc., that agent is really
>>> working for the vendor. It is his job to get the vendor the best
>>> price possible.
>>>
>>> OTOH if you pay the commission to your agent as a buyer, then
>>> the agent will be looking after your best interest. Trying to get
>>> you the best deal for the least amount of money.
>>>
>>> Since you are paying commission anyway (if you are the buyer it
>>> is built into the price), you may as well pay it directly and
>>> benefit from working with an agent that is working for you.
>>>
>>> > Mike wrote:
>>> >
>>> >> If you are only going to need the house for a short period of time
>>> >> (probably 4 years or less) it makes more sense to rent than to buy (except
>>> >> maybe in housing markets like Ottawa has been in the past few years where
>>> >> property values have skirocketed in short periods of time).
>>> >>
>>> >> If you buy/sell you have to pay real estate agent commission, land
>> transfer
>>> >> tax, lawyer fees x 2, etc.  Not to mention that most of your mortgage
>>> >> payment is interest and not principle.
>>> >>
>>> >> There can also sometimes be income tax advantages to renting as opposed to
>>> >> buying;  if you buy and then sell a home and it isn't your primary
>>> >> residence (i.e. you have another house somewhere else that is), you have
>> to
>>> >> pay capital gains on the profit from the sale.
>>> >>
>>> >> Mike
>>> >>
>>> >> dlevangie@home.com (DL) wrote in <3be51b9b.1212782352@news>:
>>> >>
>>> >> >If someone ever gets to the point where they are paying 4000 in rent
>>> >> >then it is crazy to dump that kind of money into nothing...why not
>>> >> >build some equity somewhere....that is all I meant....
>>> >> >
>>> >> >On Sat, 27 Oct 2001 14:25:31 GMT, anon@xnews.com (Mike) wrote:
>>> >> >
>>> >> >>Actually it might be reasonable considering the size/value of the home.
>>> >> >> A $80K apartment probably rents for $1000/month; why wouldn't a $320K
>>> >> >>home (worth 4x more) rent for $4000/month (4x more).
>>> >> >>
>>> >> >>That being said, I don't know the vendor or the home so have no idea if
>>> >> >>the house is worth that much if it is, it's probably in the right
>>> >> >>range.  How much would you expect to pay for a large deluxe home?
>>> >> >>
>>> >> >>Just my 2cents
>>> >> >>Mike
>>> >> >>
>>> >> >>
>>> >> >>
>>> >> >>dlevangie@home.com (DL) wrote in <3bdaa26d.526295793@news>:
>>> >> >>
>>> >> >>>I'd like to rent the one for $3900.00 a month please....NOT...
>>> >> >>>
>>> >> >>>Sorry but that is nuts....
>>> >> >>>
>>> >> >>>
>>> >> >>>On Sat, 13 Oct 2001 09:44:50 -0700, "ne1943@hotmail.com"
>>> >> >>><ne1943@hotmail.com> wrote:
>>> >> >>>
>>> >> ... (msg deleted)
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>>
>>> >> >>>
>>> >> >>>
>>> >> >>
>>> >> >
>>> >
>>>
>>> --
>>> Donate blood
>>> http://www.bloodservices.ca/Ontario/Ottawa/index.html
>>

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