Kirsten Mason, Author at Kamloops Real Estate Blog

North Barriere Lake B.C. Real Estate. Located North East of Kamloops

February 8, 2009 Kirsten Mason Surrounding Communities

For up to date Kamloops and North Barriere Lake real estate for sale click here.

If you are looking for information on East Barriere Lake click here.

North Barriere Lake is approximately 60 minutes north east of Kamloops. It is 520 hectares, has a mean depth of 34.7 meters and maximum depth of 53.9 meters. North Barriere Lake is the home to some of the best fly and troll fishing in the region. Kokanee, rainbow trout and sockeye salmon are commonly found in this lake.

There is a Forestry Recreation Site which is known as Hollywood Beach. This area is a very popular place for families to camp in the warmer months. Not far from Hollywood Beach is the North Barriere Lake Resort. This resort is located on seven acres of land with lake frontage. The resort boasts 60 RV and tent sites with electricity, water and sewer hook-up. There are also seven cabins which can sleep two to eight people. There are a number of activities the whole family can enjoy at this resort.

There is not very much development in the way of cabins or single family homes in the North Barriere Lake area, which makes it a very relaxing get away. For further information and listings click here.

Sell Your Home: Why You Should Pay A Good Commission To A Kamloops Buyers’ Agent

February 8, 2009 Kirsten Mason Information For Sellers

What is your home worth? Click here for a free online home evaluation.

Today’s real estate market in Kamloops is very competitive. There are a number of homes for sale that are very similar in characteristics and also in price. There are a few factors that affect the sale of homes that are similar. Simple, obvious things such as curb appeal, interior design and upkeep, clutter, scents, accessability, etc, are all issues to be aware of when selling a home. There is one underlying, very important home selling technique that is often overlooked by sellers and ultimately puts their home at a significant disadvantage. This factor is the commission a seller offers the buyers’ agent (or Realtor representing a buyer) in order to bring a qualified buyer to purchase their home.

It is a fact that Realtors work with the most qualified buyers. These buyers have often already been pre-approved for a mortgage and are ready to make an offer on a property in the near future. By offering a less competitive commission to the buyers’ agent, you are not motivating Realtors to come bring their qualified buyers to your home and sell it. The the best way to describe it is, if you went to work for a month, and at the end of the month you were told you weren’t going to make 100% of your normally expected pay how would you feel? This is the sentiment out there in the market, especially now that buyers have so many homes to choose from. We are now seeing buyers agent selling bonuses and higher commission rates than have been seen over the past few years. Sellers are beginning to understand that money motivates. Homes that offer less commission to buyers agents are often overlooked. Unfortunately I don’t make the rules, I am just passing on this information for the seller’s benefit. Please don’t make this mistake.

If you are motivated to sell your home ensure you do the basic things such as maintaining an attractive curb appeal, keep your home neat and uncluttered, etc. More importantly if you are selling in the Kamloops real estate market, offer a competitive commission to the buyers’ agent, otherwise you are just hurting yourself financially in the long run!

Open House Weekend: February 7th & 8th, Kamloops & Logan Lake

February 6, 2009 Kirsten Mason Kamloops Open Houses

Open House Events This Weekend: North Shore, Kamloops and Logan Lake

Saturday February 7th: 12:00pm-1:00pm

1078 Selkirk Ave, North Kamloops, $269,900

3 bedroom rancher in North Kamloops. Large kitchen with eating nook. Numerous updates include furnace, central air, windows, siding, hot water tank, paint, newer floors and updated bathroom to name a few. Fully fenced on a corner lot.

Saturday February 7th: 1:30pm-2:30pm

24-1836 Greenfield Ave, Brocklehurst $319,000

2 year old home with 3 bedrooms and 3 bathrooms. Very spacious with room to grow. Fully finished basement with family room. Quiet neighbourhood and close to schools.

Sunday February 8th, 12:00pm-2:00pm

419 Opal Drive, Logan Lake $229,900

3+1 Bedroom + den cathedral entry home in Logan Lake. 2 full bathrooms. 1 car garage. Numerous reno’s done recently including kitchen, new light fixtures, flooring, UV windows, bathroom. Open floor plan on the main. Large bath tub in main floor bathroom. Large sun deck in the back and storage shed in yard.

Low Interest Rates + More Negotiating Power = More Affordable Real Estate!

February 5, 2009 Kirsten Mason Information For Buyers

What usually happens, as interest rates decline, real estate buying power increases. Currently interest rates are at the lowest they have been in years. The lower interest rates coupled with the current buyer’s market makes buying a home more appealing. Buyers find that when the interest rates are very low, they qualify for more of a loan than when rates are high.

This shift in the market has created a great opportunity for first time home buyers, buyers and renters looking to get back into the Kamloops market. The savings on home buying are in both the purchase price of the home and interest charges. Buyers are able to negotiate more aggressively on a contract now than years in the past. I have found that lately more first time home buyers have begun their search for the first time. Buyers who are also looking to get back into the market or have been renting for a number of years are also beginning to see the value in the lower home prices and low interest rates. Homes in Kamloops are finally beginning to be priced in a range where buyers can justify purchasing a home. Plus, for first time home buyers, they receive further savings because first time home buyers don’t have to pay property transfer tax.

All these factors make buying your first home, getting back into the real estate market, moving up to a larger home or downsizing your home more of a reality!

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