Nanaimo Real Estate Blog

Why home is not selling

If you’ve been getting a lot of showings but no offers, and your days-on-market count is close to breaking the average, don’t hit the panic button just yet. Top performing real estate agents in Nanaimo can give you a number of reasons why your home isn’t selling.

Here are 8 of the most...

Buyers looking at Nanaimo real estate listings will see homes go ‘back on market’. Usually that happens when the contract between the seller and buyer fell through. It’s also a situation that no home seller wants to be in.

Here are the 6 biggest reasons why contracts fall apart, and 3...

Many buyers looking at  houses for sale in Nanaimo are surprised to learn that closing costs can add almost 5% to the home’s selling price. On a $200,000 home, that’s almost $10,000! When that much money is at stake, it makes sense to look at ways to keep fees low.

Here are 6 easy ways to...

Buyers looking at Nanaimo real estate for sale have the choice between already built resale homes and buying a new construction home. In this article we’ll cover the 10 most important questions to ask when buying a new construction home in Nanaimo.

1. Is the cost of the lot included?

New...

Buyers and sellers of homes for sale in Nanaimo frequently are in a situation where counter offers are made by one party or the other, and sometimes both. Three things can happen when a real estate purchase offer is made:

  • Seller accepts the offer as is without making changes
  • ...
  • The Nanaimo real-estate market continues to show signs of an adjusting market according to statistics released at the end of July by the Vancouver Island Real Estate Board.  In fact, July was the first month to show a decrease in the average sale price. Average sale price for single family homes...

    Buying a home on one side of the country when you live on the opposite side is difficult, but it can be done with the right planning. Here are the 7 best ways to handle long-distance house hunting.

    1. Choose the right real estate agent

    Start by interviewing several Nanaimo real estate...

    The mortgage payment for a home listed on the Nanaimo real estate MLS is the most predictable cost of owning a home. But there’s much more to think about than just the monthly payment. Here are some of the hidden costs to consider when buying your first home in Nanaimo.

    Home inspections

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    Buyers looking for homes for sale in Nanaimo BC have the choice of buying a new house or buying an older home. Here are some of the pros and cons to think about when deciding whether to buy new or purchase an older home in Nanaimo.

    Pros to buying an older home

    Genuine craftsmanship: Older...

    If you’ve been shopping around for a new home, you may have noticed that a lot of Nanaimo real estate listings boast about how many improvements have been done on the home. At first glance that might see like you’re getting the most for your money. But did you know that not all home improvements...