Durham Region For Sale By Owner Private Real Estate Sales

The success of your private real estate sale depends on your marketing efforts. Do you want to pay the 6% real estate commission to yourself or to a realtor? It's your choice.

Let's say your real estate fee is $20,000. If you started today, how long would it take you to save this much money? For the average person it can take in the range of 2 -3 years or even more. You could also consider contributing to your retirement plan, buy a new car (and pay cash) or using it for a larger down payment on your next home.

HomesByOwner.com was established in 1994. We are the oldest and largest For Sale By Owner website. Our site receives 50+ million hits a month. No other FSBO company even comes close.

We allow you to list a property for sale or rent and supply you with a full array of real estate marketing tools for a very reasonable flat fee. We provide you with your personal ‘direct' web address, For Sale lawn sign and directional arrows, a photo slide show presentation of the property, unlimited feature sheets, unlimited use of our Property Information Hotline plus much more. See complete details here.

What many FSBO sellers do not realize is that to complete a successful private sale they need to market their property to as many potential buyers as possible utilizing their own marketing efforts. The main reasons why private sellers do not succeed are they make little effort marketing their property. The other is setting a price that is too high.

If you are one of those that prefer to pay yourself the real estate fees rather than an agent, you have to wear the hat of the salesperson. Stand around with your hands in your pockets and you could be waiting for a buyer for some time.

Yes, we have a very high traffic For Sale By Owner website. A large percentage of the visitors are attracted by the marketing efforts of other sellers. Although many sales have been completed by someone stumbling across a listing, you should count more on your promotion of your web address to attract potential buyers.

The most powerful marketing tool we supply to the private seller is a web address. An example is HomesByOwner.com/12345. Each property has its own unique 5 digit code. It is placed on the For Sale lawn sign we supply. Someone can enter it in their browser and go directly to the listing. Place the web address in all of your advertising to give the reader the opportunity to take a step for more information.

By using your web address in all of your advertising, you can run a smaller ad and save money. Use a very brief description of the For Sale By Owner property, then include your phone number and web address. If you do this you can also run the same ad more frequently.

Pick up a newspaper or magazine and look at some ads. Do these companies include their website in their advertising? Everywhere you look nowadays you see names of websites. Since the birth of the internet, we are in the information age. Buyers don't want to talk to the ‘salesman' until they gather all the information they require.

Have a look at some of our Durham Region private sale listings. What would it cost to run an ad displaying 20 photos and a 2,000 character description? No doubt it would take a full page in the newspaper that would cost thousands of dollars. You can see what kind of an impact you can create and the amount of information you can provide by simply including your web address everywhere you advertise.

Is For Sale By Owner difficult to understand or set in motion? No way. HomesByOwner of Durham Region is owned by an ex-realtor. We set everything up for you and are at your side whenever you require any assistance. If you can answer the phone, show the property to someone and answer their questions, there is no reason why you cannot complete a successful real estate transaction.

When you sell your private real estate you do not owe us any commission. You simply pay a small one time fee to be listed on our site. There are various packages to choose from depending on the level of service you require. To find out how reasonable our prices are we suggest you check some other FSBO web sites. You will also find that some are not located in Canada. We are just down the street.

Approximately 80% of consumers start their search for their next home on the internet. As a private seller you need to post your property there for all to see. Statistics show that only 36% of home buyers first learn about the property they buy from a realtor.

A buyer has only two concerns when they start shopping for a new home. That they find one that they absolutely love and at a price they can afford.

Here is a golden opportunity for you to complete your own private sale and pay yourself $20,000. 

Check out our Durham Region Private Sale Real Estate Website.

Our Durham Region For Sale By Owner / For Rent By Owner real estate blog on ActiveRain.com has made it to the 3 month stage. And some said it would not last. All kidding aside, we are now up to 70 posts and growing daily. Google has noticed our blog and has given us great placement in searches.

In developing this blog, our goal is to keep subscribers updated on new real estate listings that appear on the Durham Region homes for sale privately website. Home sale by owner is booming all across Canada. The real estate owner now wants to control their own commission free sale or rental.

We also attempt to post updated real estate information and news that could affect the market. The completion of the section of Highway 407 from Pickering to Highways 35/115 in 2013 will most certainly affect sales in the Region of Durham.

First-time buyers of resale homes in the Province of Ontario now receive a refund of up to $2,000 for the Land Transfer Tax they paid. Previously only new homes qualified for this program.

When you consider real estate fees run into the thousands of dollars, selling privately or renting your property yourself makes a lot of sense. After all, who knows the property the best that is being sold or rented?

Landlords can use our For Rent By Owner option for rentals of apartments and houses. Durham Region homes and apartments for rent are give maximum exposure on our website.   

Our Durham Region private sale and rent by owner company markets properties for sale by owner / for rent by owner in Oshawa, Whitby, Ajax, Pickering, Brooklin, Clarington, Claremont, Bowmanville, Courtice, Newcastle, Hampton, Blackstock, Region of Durham, Scugog, Port Perry, Manchester, Durham, Brock, Cannington, Seagrave, Beaverton, Uxbridge, Newtonville, Durham Ontario, Burketon, Raglan, Lake Simcoe, Utica, Greenwood, Goodwood, Sunderland, Myrtle Station and Prince Albert.

We know Durham Region and have an office here. The local HomesByOwner.com company is run by an ex-realtor with 20 years in the real estate business. You are never alone when selling privately with us. 

Check out our Durham Region Homes By Owner Website.

The Province of Ontario has extended the first-time buyers refund of Land Transfer Tax to include resale homes. Previously only new homes qualified. The maximum refund would be $2,000 and will only cover agreements of purchase and sale entered into after  December 13, 2007.

The following eligibility requirements apply for resale homes and will continue to apply for newly constructed homes.

• The purchaser must be at least 18 years of age
• Application for the refund must be made within 18 months after the closing date of the purchase.
• The purchaser must occupy the home as his or her principal residence within 9 months of the closing date.
• The purchaser cannot have owned a home or had any ownership interest in a home anywhere in the world.
• The spouse of a purchaser cannot have owned a home or had any ownership interest in a home anywhere in the world while he or she was the purchaser's spouse.

Properties that qualify are detached homes, semi-detached homes including dwellings that are joined to another above or below grade, townhouses, shares in a co-op, mobile homes, condo units, duplex's, triplex's, a fourplex and manufactured homes. For additional information and instructions how to apply for the rebate, check the Province of Ontario Website. Your lawyer can also answer any of your questions.

Visit the Durham Region Homes By Owner Website.

Durham Region homes and apartments For Rent By Owner are advertised on the HomesByOwner of Durham Region Website.

89 Emperor Street, Ajax - 1 Bedroom Basement Apartment

187 Sagebrush Street, Oshawa - 4 Bedroom Detached Home In Great Family Area

344 Chaleur Avenue, Oshawa - 3 Bedroom Semi Close To Schools, Rec Center And Shopping

558 Fleetwood Drive, Oshawa - 4 Bedroom, 3.5 Bathroom Executive Home

Advertise your rental properties on our Durham Region For Rent By Owner Website.

Promote your business on the HomesByOwner of Durham Region website. We provide maximum exposure for you with our For Sale By Owner company.

We offer various packages to suit every budget.

• Pic-A-Pro - Your business can be displayed in anyone of the appropiate categories. If available, your logo can be included and a link created to your website.
• Additional Links - These ads are displayed on the right side of every page in the Durham Region HomesByOwner.com website. If available, your logo can be included and a link created to either your website or a custom page describing your business.
• Property Listings - When a buyer uses the property search feature and browses the listings, they will see a random Pic-A-Pro's ad periodically. This is another area to display your Pic-A-Pro ad and get maximum exposure on the HomesByOwner of Durham Region website. If available, your logo can be included and a link to your website. 
• Properties Main Page - When a buyer clicks a specific property or uses the direct web address to go for a detailed look, a Pic-A-Pro's ad will be displayed randomly on the same page. This package will provide excellent exposure for your business. 

Contact Durham Region Homes By Owner for more information.

Real estate closing costs are charges your lawyer will require from you on closing day in order to complete your transaction. Some people are surprised at the amount of funds required in addition to the price of the home. It is our suggestion that you have 2.5% of the purchase price for closing costs in addition to your downpayment. We strongly recommend that you contact your lawyer before you enter into an agreement. They will be happy to provide you with a breakdown of the expenses you can expect to pay. Closing costs can vary throughout Durham Region.

Here is a list of some of the closing costs you might encounter. Every real estate transaction is unique so you might face a charge in addition to these. Your lawyer will provide you with a more accurate estimate.

Appraisal Fee

Your mortgage company might insist on a professional appraisal of the property you are purchasing. This is generally required with a new home. The buyer generally pays for it which can run around $300. A call to your mortgage company can confirm this.

Professional Home Inspection

When purchasing a resale home, you should consider having a home inspection completed. It might reveal something that you did not see and make you decide not to proceed with the deal. The charge for this can run $300 - $400.

Fire Insurance

Your mortgage company will require that the property be insured from the time you take possession. You will have your insurance company send a letter to your lawyer confirming coverage is in place. Your lawyer cannot close unless they have this. The cost of a policy will be determined by the amount of coverage, property size, where the property is located and the insurance company. You can expect to pay from $300 and up. Your insurance company will be happy to give you a quote.

Provincial Sales Tax on Mortgage Insurance

When you make a downpayment of less than 20% of the purchase price, the mortgage must be insured in the event of default.The insurers in Canada are CMHC, AIG and Genworth. In most cases the insurance premium is added to the mortgage principle. The sales tax on the premium must be paid at closing. To determine how much tax you will have to pay, contact your mortgage company.

Property Survey or Title Insurance Fee

It is a good idea to ask the seller of the property you are buying to give you a copy of the property survey they have in their possession. If they don't, the cost for a new one can start at $700. At one time mortgage companies required one in order to finance a property. This has changed with title insurance being accepted which cost considerably less.

Lawyers Fee and Disbursements

Your lawyer will charge you a fee to complete your transaction. They will conduct searches, prepare the mortgage, draft the deed, etc. Disbursements are the costs your lawyer will payout on your behalf to complete the purchase. These include long distance calls, photo copies, registration fees and so on. Your lawyer will be happy to give you a breakdown of these closing costs.

Land Transfer Tax  

This is a provincial tax payable by buyers of real estate in Ontario. It is based on the purchase price of the property. You can call your lawyer to determine the amount or use this Ontario Land Transfer Tax Calculator.

New Home Warranty

Tarion runs the Ontario new home warranty program. It is protection for the buyer in case the builder does not finish or repair problems with the home. The cost to register the home with Tarion is around $700 and is paid by the buyer.

Adjustments

In some cases the seller has prepaid some expenses for the property. A common one is property taxes. The buyer will reimburse the seller for any amount paid past the day the buyer takes possession. Another adjustment would be in a case where the property is heated by oil. The seller will fill the tank on closing day which the buyer will pay for. Your real estate lawyer will be happy to give you an estimate of these costs.

GST

GST is paid on new homes and those that have been substancially renovated. If you are buying from a builder, determine who is paying this tax. In most cases the builder has included it in the purchase price. If you are buying a home that has been completely rebuilt, do not sign anything until you check with your lawyer. You might be responsible for paying GST on the purchase price. 

Search for your next home on our Durham Region Private Sale Real Estate Website.

Our Durham Region Homes By Owner real estate private sale website has added a lawyer referral service to all of our For Sale By Owner marketing packages.

The biggest fear for private sellers, and in most cases the only one, is the completion of the real estate forms required to sell their property. HomesByOwner of Durham Region has resolved this issue.

We have compiled a list of Durham Region real estate lawyers that are prepared to assist property owners selling privately. They will help with the completion of all paperwork and see the transaction through to a successful completion.

Each real estate sale is unique. It takes the guidance of a legal professional to ensure that all real estate forms are completed correctly.

Your Durham Region private sale company has now paved the way for you to sell your own home and save thousands of dollars in real estate fees.  

See our Durham Region Real Estate Listings For Sale By Owner Website.