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What is it about your property that stands out? What will buyers like most about it? What are your home’s most enticing features?
Answering those questions will help you determine which features to emphasize when selling your home. After all, you want buyers to notice and appreciate your property’s best characteristics.
But here’s the challenge...
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When you set a budget for a new home, you’re obviously hoping — maybe even expecting — to find the ideal property within that price range.
But, it doesn’t always work out that way.
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As a real estate sales representative and active investor I always get questions from clients, family and friends about what to buy or how to invest in real estate. First things first, it is not for the faint of heart and I have made my fair share of mistakes over the years. As the saying goes “sometimes you win, sometimes you learn”.
Below I have condensed, what I think, are the most important lessons I have learned over the years into my top 5 tips for investing in real estate.
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What is it? An assignment is essentially a sale of a contract or right to acquire property. An assignment is a transaction whereby the original purchaser (the "Assignor") of a property sells, and thereby transfers, their interest and obligations under the original contract to a new purchaser (the "Assignee"). The Assignee will generally assume all of the Assignor's duties and obligations under the original Agreement of Purchase and Sale.
Can I assign my investment? An assignment is legally permitted unless otherwise expressly prohibited in writing in the original Agreement of Purchase and Sale. An assignment fee may be charged by the developer and is normally a cost borne by the Assignor (the original purchaser).
Brandt J. Morris
Sales Representative
Bosley Real Estate Ltd., Brokerage
103 Vanderhoof Avenue
Toronto, Ontario M4G 2H5
Office: 416.322.8000