Why summer is a good time to move… School’s officially out for summer! If you’re like us, you’re probably thinking beaches, holidays, cottages… any activity that will get us out to enjoy the warm weather…but it can also be a perfect time to move! While there might not be as much real estate activity in July as there is in May, it may surprise you to find out that June, July and August are busy months in Ottawa real estate, especially in recent years. The weather is fine and there are still a lot of great opportunities to buy
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Archives for Sellers
SPRING into ACTION: Sellers
SELLERS Now’s the time to spring into action if you’re a prospective home seller. Getting your home prepared for the spring market now, will help you move quickly and efficiently when the time comes to list. Spring is the optimum time to sell a home, as the largest numbers of buyers are actively searching for a new home during the months of April, May, and June. If you’re looking for tips, tricks, and ideas to get your home market ready, then you’ve come to the right place! Purge & Pack: What better way to clear out the winter blues, than
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Why it doesn’t always PAY to sell your home yourself
With today’s hot real estate market, it may be tempting to consider listing your home yourself, without the assistance of a real estate professional; it is often seen as a way to increase profits since no commission will need to be paid out but in reality, this is not often the case. If you choose to sell your home “For Sale By Owner”(FSBO), there are many factors to consider including additional costs and stress, so it is always advisable to list with a Realtor who knows what they are doing; you may actually make more money by doing so! Here
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Why Appreciate Your Real Estate Agent
When you decide to buy your first home, the initial excitement is often quickly followed by fear of the unknown. After viewing many attractive properties online, you have no idea where to start. Eventually, though, with the invaluable assistance of a real estate agent, you can purchased your dream home at a great price. Those who have experienced a number of property transactions realize just how many reasons they have to be thankful for the trusting relationship they developed with their agent. First, the money and time you save far exceeds the agent’s commission. From planting the For
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Real Estate Snapshot February 2016
What a difference a day makes! An extra day in February saw 46 sales on that day (February 29th) as per the Ottawa Real Estate Board’s news release March 3rd. See the full Ottawa Real Estate market snapshot for February and the full story from the Ottawa Real Estate Board below. With spring around the corner, we’re starting to see more homes come on the market, if you’re thinking of selling now is a great time to get your home listed with a real estate professional. While statistics are useful in establishing trends they should not be used as
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Why Listing In January or February Can Make Sense
Although it may seem odd, listing in the winter months can be advantageous for sellers. Statistically, there are indeed more buyers in the spring market. However, there are also more homes for sale, including properties similar to yours. With more competition for the pool of buyers, your chances of finalizing a deal may actually be reduced. Here are several reasons to list in January or February. Financial Planning And Taxes Many families check their finances at year end and start planning their tax returns. And, because of the holiday festivities, it’s often the time for discussions and
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Don’t tax my dream campaign succeeds
The efforts of the Ontario Real Estate Association (OREA) and the Progressive Conservatives were recently rewarded when the provincial government decided they would NOT be expanding the municipal land transfer tax program. Liberals keep election promise In an unexpected announcement during the legislature’s question period, Municipal Affairs Minister Ted McMeekin ended concerns that the Liberals would break their election campaign promise and allow other cities and towns to introduce the tax. “There has been no call, at all, for a municipal land transfer tax,” he said, “nor is there any legislation before the House that would allow
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The 3 Most Common Reasons a Home Inspection Kills a Deal
In this Redfin.com post, home inspector Dylan Chalk underscores the importance of a home inspection by identifying how they can prevent a potential sale. The most common reason is the home is not what it appears to be, especially in the case of a “flipped home”, one purchased and updated with the intention of making as much profit as possible. The inspection reveals there are more repairs and updates than the buyer expected. Problems with the core systems of a “fixer” house (foundation, frame, roofline, floor plan, drainage and access) add cost and complexity to the new homeowner’s projected
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Reno Investments Providing the Highest Returns
This detailed Home Inspection Network post provides useful data to anyone who is considering a home renovation. Author Bev Siciliano begins by explaining what many do not realize – we might not fully recoup our investment when the home is sold. For that reason alone, home renovations should be analyzed individually to ensure we get the highest return on investment (ROI). Generally, renovations that provide the best return on resale are superficial upgrades, like painting and decorating, with limited capital outlay and maximum impact. According to the Appraisal Institute of Canada’s latest Home Renovation Survey, renovations with the
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What You Need to Do When Saying Goodbye to Your Home
Although you’re excited about moving, there are easy ways to reduce the ache you feel when thinking about leaving the old abode. According to this Realtor.com post by Lisa Davis you could throw a going away party with the neighbours who shared your journey over the years. Toast your soon-to-be former residence. Leave a reminder of your presence for future generations like a signature on a rafter in the attic. To read more click here. Source: Blog
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