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Philip LeMay

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Philip LeMay qualified in the top 1% in sales volume with Royal LePage across Canada in 2006,2007,2008 and 2009. ( approx. 14 000 agents.)

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Thinking About Selling Your Home Yourself?
Welcome > For Sellers > Thinking About Selling Your Home Yourself? ...

There's More to Selling Your Home than a "For Sale" Sign In Your Front Yard: Beware. 

Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: 

"How does your home compare to others like it in Aylmer, Hull and Gatineau?" 

"How did you determine the fair market value of this property?" 

"What about financing? Can you help?" 

"If I make an offer, who will draw up the paperwork?" 

"Why aren't you using a real estate agent? Is there something wrong with the property?" 

"Since you aren't using a real estate agent, we can take their fee right off the top, right?" 

Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value? 

Almost all homes are sold using a real estate agent. As a top real estate professional, it is my job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in Aylmer, Hull and Gatineau and even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly. 

Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "Try to steal this one." 

If you must sell your own home, at least let me give you a sense of its true market value. Tell me a bit about your home, and I'll do a quick Comparative Market Analysis and let you know what I feel it is worth. I'll also describe, as an experienced, top Aylmer, Hull and Gatineau real estate agent, how I would market your property. This is free, with no strings attached. 

Don't price your home by yourself! It's my job to analyze the Aylmer, Hull and Gatineau market and determine the true value of your property. It's FREE and without obligation... 

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Real Estate Tips
Financing Your Home >Mortgage Terms

New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.

Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.

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Real Estate Trivia
Q 
How many step are there leading to the top of the Eiffel Tower in Paris, France?

A 
Visitors who walk to the top must go up 1,792 steps.
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Philip LeMay, REALTOR®, real estate agents and broker for Aylmer, Hull and Gatineau, Quebec home listings, property and land for sale - NUMBER1EXPERT(tm)

Philip LeMay
Royal Lepage Vallee de L'Outaouais PL

152 Principale, Gatineau, QC J9H 3M8
500 Gréber, suite 104, Gatineau , QC J8T 7W3
Phone: 819-923-7777
Fax: 819-684-3000
Email: philiplemay@NUMBER1EXPERT.com

www.philiplemay.com


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