Archives for Sellers

What’s In a Name?

When you’re shopping for a new home, there’s a good chance you’ve got a long list of considerations that you will factor into your decision-making process: size, neighborhood, condition, etc. But have you ever considered a home’s street name to be a factor when you’re deciding whether or not you want to buy? It might surprise you, but for many home buyers the name of a house’s street can determine whether that house is desirable – or not – making addresses not just random labels for a property, but influential factors that could make or break a sale. The Origin of
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4 Important Things to Know About the Difference Between a Realtor and Real Estate Agent

Happy young man and woman consulting plans digital PC real estate apartment So, you want to buy (or sell) a house in Ottawa or beyond. What’s the first thing you do? If you’re like most people, you go find a real estate professional to help. While the whole process sounds pretty simple (hire a representative you like and trust!) there’s actually one extra decision you’ll need to make before you proceed — and that is whether you want to hire a Realtor, or a real estate agent. You might be thinking, “But those two things are the same!” If so,
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Regulating Home Inspectors in Ontario

The Ontario government has announced plans to begin regulating home inspectors, requiring potential inspectors to pass a written exam and field test in order to qualify for a license. In doing this Ontario will be following in the footsteps of British Columbia and Alberta, the only provinces in Canada that have home inspector regulations in place. The hope is that these measures will prevent stories like Alyssa Hanson’s, whose inspector missed water leaking into the basement that led to a $12,000 repair bill according to a recent article in the Globe and Mail The big question about these changes, however,
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Home for Sale: A Guide for Your Next Housing Journey

Once a For Sale sign goes up, it’s official! You’re ready to begin your new journey! Or are you? It’s normal to experience some raw emotions as you embark on selling your beloved home. Follow these simple steps to help you take memories from one home to another. Create a Memory Box There’s no need to wait until your house is sold to start packing, especially when it comes to the sentimental items. Locate a sturdy box or storage container, mark the box as “Memories” and start gathering! Event/Occasion Items: These items may be related to a favorite vacation, a
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What Home Owners Can Do With a Tax Refund

  If you are a homeowner, a tax refund presents opportunities to invest for a profit that aren’t available to renters. Whether you plan to sell, stay or are undecided, there are ways to optimize the financial impact of your refund. The first step is to treat your refund check the same as you treat your paycheck. Avoid the temptation to splurge and give that refund money a purpose. Here are three home owner-only options to grow that refund:   But, Are You Withholding Too Much? Most of us enjoy getting a large tax refund every spring. But, a refund
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How Important Is Home Staging?

Because the Internet has changed the way we buy and sell homes, most real estate professionals believe home staging is critical to selling success. Almost all home buyers begin their search online meaning sellers need to make a good first impression so potential buyers want to see their home in person. Hence, staging has taken the residential real estate industry by storm and many sellers are hiring professionals to help them make that first impression. National Association of Realtors (NAR) President Chris Polychron says “staging is an excellent tool that can be used to give a home a little extra
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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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