Monthly Archives: April 2017

Benefits of downsizing

Have you noticed the shift towards smaller living spaces? More home buyers are looking to downsize in an effort to simplify their lives. Whether you and your partner experienced a career change, are empty nesters, or looking to simplify we can help.

Furthermore, as nationally recognized Senior Real Estate Specialists (SRES) we are specially trained to lead senior clients in meeting their growing need to nurture a lifestyle change, as sensitive as, downsizing, selling or buying a home.

Below are some benefits to buying a smaller home:

Nothing weighing you down Big spaces require more furniture and decorative pieces to make them look full. Once you move to a smaller home you’ll only need to bring the furniture and decor that is necessary.

Less Upkeep

Without all the extra clutter there is less upkeep required including cleaning, maintenance and gardening. In a smaller home, residents often find that they have more time to spend with their families.

Cost Savings

Not only will the purchases price of your home be less but your energy costs will dip as well. Heating, cooling as well as water can make running a large home costly. Your decision to downsize will not only be eco-friendly, but you’ll be enjoying lower electricity bills, most significantly during the summer and winter months.

We are here to help you make this transition to a smaller home run smoothly. Over the years we enjoyed helping thousands of clients including seniors look for homes that are more suitable to their needs. We share our extensive knowledge with our clients and let them know how to best invest in real estate. This is just one of the many milestones we assist clients through.

For more information about downsizing to a smaller home, visit www.roccasisters.ca or call us directly at 905-335-4102. We look forward to providing you with an experience that is not just the best, but remarkable!

 

The ins and outs of Bully Offers

A ‘bully offer’ or more appropriately known as the ‘preemptive offer strike’ is where an offer is submitted by a buyer in advance of the ‘hold back on offer’ date that has been posted. By disregarding the hold back instructions, the buyer aims to ‘bully’ the seller into accepting their bid before anyone else has an opportunity to submit an offer.

For some buyers, the bully offer is a strategy that can secure a property and save them money.

“Essentially, the idea is for the buyer to submit a bid that is priced towards the top end of value based on recent comparable sales, but is lower than their maximum bid,” says Cathy Rocca.

Here, they bypass their competition and can potentially secure the property for less than they are truly willing to pay. In the event the seller refuses to accept the offer, they can still return on the offer date with the same or better bid, however the price may then be somewhat inflated as ‘emotional premiums’ are more likely to occur.

Buyers submit bully offers for two reasons. One reason is that they are in love with the house and they are willing to offer the sellers a sum typically above the asking price simply to secure it. The other reason is when a buyer has been looking for a lengthy amount of time, has lost many homes in competition and wish to put an end to their search.

There are disadvantages for a buyer when deciding whether it is a good idea for them to submit a buy offer. First off, there’s a chance you will pay more for the home than you actually have to. “It’s important to consider the possibility that if you wait for the offer date, there may be no other interested buyers,” says Tanya Rocca, “and if that were the case, you will probably have overpaid considerably for the house.”

On the flipside, however, there could be multiple offers on the offer date and you could be outbid by another buyer.

The dynamics of real estate require both sellers and buyers be prudent, educated, rational and strategic, specifically in markets where there is an imbalance between demand and supply.

This makes it critical you engage the services of a realtor who has experienced both the rise and fall of the value and volume of real estate sales and prices, has the skill set to negotiate in a changing market, and understands the perspectives of each facet of real estate.

The Rocca Sisters have built a solid reputation for serving their clients with a higher standard of professionalism. Their full service, highly responsive, executive team of professionals are deeply committed to providing timely, ethical and comprehensive guidance, and as such they collaborate efficiently as a team to offer added value to your experience.

Contact The Rocca Sisters Team today and let their personal approach and proven results surpass your expectations.  Their sales production and volume is consistently one of the top on the Hamilton Burlington Real Estate Board where your home is.

 

 

Hopping into Easter at annual Sp‘egg’ tacular event

The Easter Event, proudly sponsored by the Rocca Sisters and Associates, was a Sp’EGG’tacular success this past Sunday with thousands of community members enjoying all the activities at Ireland House Museum at Oakridge Farm.

“It was great to see so many happy faces, some new, some familiar, that were thrilled to be creating traditions and life-long memories,” explains Cathy Rocca proudly. “Many families and extended families, grandparents and toddlers enjoyed the day, and that is what we strive for, an inclusive event for everyone!”

“There was so much to see and do, including crafts, face painting, vendor market, silent auction and of course traditional tours of Ireland House Museum,” continues Tanya Rocca.

The sun was out as children participated in the fun-filled activities, including the very popular Easter Egg Hunt. No matter what the temperature, there is something about brightly coloured eggs and an outdoor family event that gets both young and old into the Easter spirit.

Visitors were able to discover local history as they toured the historic Ireland House Museum. Built in 1837, Ireland House was the home of Joseph Ireland, one of Burlington’s earliest settlers. The house came alive with costumed interpreters and cooking demonstrations on the 1830s Rumford Hearth.

Ireland House at Oakridge Farm is one of the oldest heritage homes in the community, and the Museums of Burlington bring past to present by fostering exploration and curiosity.

Admission to this event was free, compliments of The Rocca Sisters and Associates.

We look forward to seeing you at all of our events!

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