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Finding Qualified Real Estate Agents

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The first step is to find good real estate agents in the area that you are looking to invest in is to look for local real estate agents where you are now and ask them if they know anyone in the area you are thinking of moving to. If that fails, contact the better business bureau or the local convention and visitors bureau. They may be able to tell you which agents in their area have the best reputations. Once you have located several real estate agents that you may want to work with, take the time to meet them in person. Don’t be afraid to ask for references and if you are considering purchasing a foreclosure ask what kind of experience they have in dealing with these types of purchases. If you do not like the answers you receive or are in any way uncomfortable, keep looking. Finding the right real estate agent to help is essential.


If you want to buy foreclosures, look for a knowledgeable agent


No matter how much real estate training someone has invested in if they do not stay up to date on the latest trends, laws and information they may not be the best person to help you. The real estate market is changing. Foreclosures are at record levels and house prices are plummeting. Savvy investors are looking for real estate agents who know the foreclosure market inside and out to help them make good decisions that they can profit on. Look for an agent who specializes in foreclosures. Ask them how they can help you purchase a foreclosed property and then let ask them why that may or may not be to your best advantage. Do some homework on your own to make sure their knowledge is up to date. After all, helping you make the right purchase is what they are being paid to do.


Ask the real estate agent for a listing of foreclosures


Obtaining and reading a listing of properties that have been foreclosed on before you look at any of the properties can have its advantages. Ideally a listing will have a photo of the property as well as any pertinent information about the property. You will know ahead of time what features and amenities the property has. If you are planning to purchase the property strictly as an investment, these features can be strong selling points. Other pertinent information will include the asking price, which usually can be negotiated even on a property that has been foreclosed on. Ask the real estate agents you are considering working with what bank officers, credit union officers and mortgage company officers they work with. There places will want to get rid of any foreclosed properties as quickly as possible. The lot features such as lot size, sewer and utilities should be listed as well as building interior and exterior features. If appliances are going to stay they will be listed as well. Homes that have been foreclosed on will not have a tenant or homeowner there so the real estate listing will be your main source of information.




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Nova Scotia Real Estate News

Scotiabank Agrees to Sell Scotia Plaza for C$1.27 Billion - Bloomberg


Proactive Investors USA & Canada

Scotiabank Agrees to Sell Scotia Plaza for C$1.27 Billion
Bloomberg
Bank of Nova Scotia agreed to sell its Scotia Plaza office complex in Toronto for C$1.27 billion ($1.24 billion) to two Canadian real estate trusts. Dundee Real Estate Investment Trust (DU) and H&R Real Estate Investment Trust (HR-U) agreed to buy the ...
Scotiabank to sell Scotia Plaza complex for $1.26 blnProactive Investors USA & Canada
Dundee REIT, H&R REIT Agree To Buy Scotia Plaza For C$1.27 BlnWall Street Journal
How two property moguls overcame their differences and landed their dream towerGlobe and Mail

all 33 news articles »

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Dundee REIT Falls After Deal to Buy Scotia Plaza - Bloomberg


Torontoist

Dundee REIT Falls After Deal to Buy Scotia Plaza
Bloomberg
Dundee and H&R Real Estate Investment Trust agreed late yesterday to buy Scotia Plaza, Canada's second-tallest office building, from Bank of Nova Scotia (BNS) for a record C$1.27 billion ($1.24 billion). Toronto-based Dundee agreed to sell as many as 9 ...
Scotiabank's landmark Toronto tower sells for record $1.27-billionGlobe and Mail
Scotiabank agrees to sell Toronto office towerReuters
Scotia Plaza Sold for $1.27 BillionTorontoist

all 86 news articles »

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Bank Of Nova Scotia Earnings Preview - Seeking Alpha


Bank Of Nova Scotia Earnings Preview
Seeking Alpha
On May 22, 2012, Reuters reported that The Bank of Nova Scotia has agreed to sell the Toronto office towers that house its corporate headquarters for CAD1.27 billion ($1.25 billion) to a pair of Canadian real estate investment trusts (REITs).

and more »

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Yarmouth lawyer suspended for real estate misconduct - CBC.ca


CBC.ca

Yarmouth lawyer suspended for real estate misconduct
CBC.ca
A Yarmouth, NS, lawyer has reached a disciplinary settlement agreement with the Nova Scotia Barristers' Society for professional misconduct. Raymond Jacquard faced scrutiny over his role in 62 property transactions between 2006 and 2008.
Lawyer to be suspended for one yearYarmouth County Vanguard

all 3 news articles »

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Reno vs Relocate: New TV Show Helps Homeowners Decide - SYS-CON Media (press release)


Reno vs Relocate: New TV Show Helps Homeowners Decide
SYS-CON Media (press release)
Vanessa Roman of EXIT Realty Metro in Dartmouth, Nova Scotia will be a co-host of Reno vs Relocate airing back-to-back episodes on Mondays starting May 28th at 9pm on HGTV. The premise of the program follows home owners as they choose between ...

and more »

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Yarmouth lawyer disciplined - TheChronicleHerald.ca


Yarmouth lawyer disciplined
TheChronicleHerald.ca
About 25 to 30 per cent of his practice relates to real property, said the settlement agreement. In June 2009, the society was contacted by the registrar of the Nova Scotia Real Estate Commission to express concerns about some real estate transactions ...

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Reno vs Relocate: New TV Show Helps Homeowners Decide - EIN News (press release)


Reno vs Relocate: New TV Show Helps Homeowners Decide
EIN News (press release)
A dynamic new real estate show is about to air on HGTV Canada giving insight to one of the toughest questions home owners face -- move or renovate? Vanessa Roman of EXIT Realty Metro in Dartmouth, Nova Scotia will be a co-host of Reno vs Relocate ...

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Canadian Real Estate Investment Trust Increases Its Investment in Dartmouth ... - MarketWatch (press release)


Canadian Real Estate Investment Trust Increases Its Investment in Dartmouth ...
MarketWatch (press release)
... 2012 (MARKETWIRE via COMTEX) -- Canadian Real Estate Investment Trust (CREIT) (TOR:CA:REF.UN) announced it has acquired an additional 25% interest in certain components of Dartmouth Crossing Shopping Centre located in Dartmouth, Nova Scotia, ...

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