Real Estate Terminology

   Real Estate Terminology


 Offer Price: We will do a review of the homes                                  

sold and listed in the neighbourhood to assist               

on determining the offer price. This will be                                     

 based on:                                                                              

Current Market Conditions –  buyers/sellers

market, inventory levels

Location – public transportation accessibility

Parks, highways

 Amenities – schools, community center’s,

shopping, hospitals, etc.

Condition of the property – overall appearance,

upkeep, renovations and appliances, etc.


 Current Market Conditions: As simply put; it is

what a buyer is willing to pay for your property  

that day. Factors that influence market conditions


  Interest Rates

  Economic Influences

  Competition in the areas

  Consumer Confidence

Free Mortgage Approval

Peterborough Kawartha Stats

Free Home Buyer’s Guide

Property Search

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