EXIT Realty Professionals to host fundraiser

Join EXIT Realty PROFESSIONALS for a BBQ to support FEED Nova Scotia on Saturday July 14, 2012 between 11am
and 2pm located in the parking lot of our main office @ 91 Sackville Drive. You can also donate a non perishable food item!

Hamburgers – $3
Hot Dogs – $2
Pop and bottled water -$1

ALL PROCEEDS TO FEED NOVA SCOTIA!!!

• In March of 2011 22,505
Nov a Scotians were
assisted by food banks.

• 31.5% were under the
age of 18.

• 33% increase since 2008.

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I’ve knocked on a lot of doors in the last month and the thing I’m hearing the most is “we want to wait so we can get more in a year.” Though this may be true, it’s also a truism. Property goes up in value, within a healthy market at least, between 4-7% each year depending on area. So that is a given.

There is, however, one small issue many potential sellers don’t realize. Whether they are downsizing or upsizing, the cost of real estate they purchase will ALSO cost more money. So any move will be lateral.

Another important factor is that interest rates are at a 50 year low. If they remain static then great! But they’re only going to go back up. Therefore, any extra money made from hanging on to your property another year to maximize your return, could easily be lost by a spike in interest rates.

I just had a client who sold his home, in a healthy market, bought into a new one while locked into a ten year term. The move is lateral, but this person will be clearing off a mortgage that is not sustainable, moving to a home better suited and securing a better rate.

So, with all these factors clearly favouring a move this year, why then would you wait?

If you or anyone you know is considering buying or selling real estate soon, please have them contact me and I will gladly help explain the process to help your referral make the most informed and important decision.

Please visit my website for more information:
Halifax Real Estate – A modern approach
902.880.1490

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Happy Sunday everyone! I wanted too link to a new page I have created on the effects the shipbuilding contract will have on the Halifax Real Estate market. The Halifax Real Estate Market page can be found by clicking the link.

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Best performance in North America

The EXIT Realty Professionals team recently was the best performer in our training activity “Farming Face to Face”. The team set more appointments with home sellers than any other office in North America! Way to go team!!!

Visit the Halifax Real Estate Listings website for more information and to view all of the new listings!

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