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How much home can you afford?

One of the most common mistakes that Canadian homebuyers – particularly first time buyers -- make is starting out at the wrong price level.  Prospective buyers have a tendency to get ‘hung up’ on the sale price, but the monthly carrying cost is what really counts. These buyers arbitrarily pick a figure – giving their salesperson instructions like, “I don’t want to go above $300,000” – without even knowing what that figure carries for in weekly payments at current interest rates.

Preparing for an In-Law Apartment

Canada’s older population is growing and living longer these days, while at the same time working professionals are delaying their decision to start a family. The end result is a large number of Canadian adults are finding themselves in the middle of the “sandwich” generation. This is the stressful situation that can result when adults find they are caught between the demands of aging parents and young children – often with a demanding career thrown into the bargain.

Do You Have Real Estate Needs Far From Home?

Today's real estate consumer has far more complex real estate needs than the homebuyers and sellers of past generations. Gone are the days when Mom and Pop would buy a modest home, raise their family there and frequently live in the same place for many years. Today's very mobile society is also an affluent one – many in the ‘baby boomer' generation have already inherited their parents' assets and their real estate needs have changed to reflect this.

Keep Cool, The Energy Smart Way

With energy prices soaring and higher demands on the power grid threatening brownouts in some markets, keeping your house cool without increasing your energy consumption is a problem that every homeowner wants answered. Take heart! There are ways to beat the heat without breaking the bank in the process.

Open House Viewing Made Easy

Today’s buyers have a lot to choose from these days, with a large inventory of homes listed for sale.  Some real estate representatives hold Open Houses in an effort to attract potential buyers to their listings.  There’s a lot of information available about Open Houses from the seller’s perspective, but surprisingly few guidelines for the buyers who come to view them.  Here are some helpful tips on Open House viewings from the buyer’s side. 

 

A Building Permit Is In Your Best Interest

A home improvement boom is in full swing in Canada and homeowners are investing more money in renovations than ever before. Whether it’s a do-it-yourself task or a major professional project, more of today’s homeowners are investing time and money to make their residences more functional and more comfortable. One of the requirements of your home improvement project may be acquiring a building permit.

Is Your Listing Selling Someone Else's House?

These days, we're starting to see some changes on the Canadian real estate scene. The number of listings being offered for sale -- otherwise known as ‘inventory' -- is growing, so it's starting to take more time now for homes to sell. However, while your home may be on the market a little longer because there are more properties for buyers to consider, prices are still staying strong. But what if you're getting lots of showings, but never any offers? If that's the case, it could be that your home is listed at too high a price for today's market.

Inspect Your Rental Property Often

If you're one of the thousands of Canadians who either already own or are thinking of buying a rental property, then you know that having a great tenant is half the battle. Taking the time to check out references and screening your prospective tenant before signing a lease is a good first step. However, there are other safeguards you can take to help ensure that your rental property operates profitably and gives you a good return on your investment.

When Little Things Mean A Lot

You may have heard that it's the little things that mean a lot, but did you know that it's especially true for selling houses? When you've listed your home for sale and are showing it off to potential buyers, little things can sometimes make a big difference in creating a good impression. Sometimes a ‘quick fix' of some very minor repairs, cleanup or maintenance can make the difference between receiving an offer or sending your prospective buyer on their way.

A Building Permit Is In Your Best Interest

A home improvement boom is in full swing in Canada and homeowners are investing more money in renovations than ever before. Whether it’s a do-it-yourself task or a major professional project, more of today’s homeowners are investing time and money to make their residences more functional and more comfortable. One of the requirements of your home improvement project may be acquiring a building permit.

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