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 […]
Don’t tax my dream campaign succeeds Read More »
This propertyinvestment.com post from Nila Sweeney is an excellent primer for those who want to start a property portfolio. First, check your finances to see how much you can invest and get mortgage pre-approval. Then, define what success means for you, as well as the level of risk you are comfortable with, and
8 steps to getting started in property investment Read More »
This post from Jonathan Smoke, chief economist at realtor.com, explains what Millenials can do to help themselves along the path to home ownership. For example, a high debt burden will restrict their ability to qualify for a mortgage, and the amount they can get, so they need to limit their total debt payments (student loans,
An Economist’s Letter to Millennials Who Can’t (Yet) Buy a Home Read More »
Most of us have little or no experience with re-roofing, so this post by home reno expert Bob Vila is a valuable guide to the questions a homeowner should ask before hiring a roofer. First, ask for an estimate that is comprehensive enough (permits, inspections, materials, labour, contingency) to establish a firm budget. Discuss
5 Questions to Ask Before Replacing Your Roof Read More »
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
The 3 Most Common Reasons a Home Inspection Kills a Deal Read More »
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
Reno Investments Providing the Highest Returns Read More »
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
What You Need to Do When Saying Goodbye to Your Home Read More »
This article from Bob Vila gives eight handy tips to consider when using your basement for storage. The suggestions include taking advantage of vertical space by building up and not out, using open shelves for frequently-used items and built-in cabinets to conceal toys or cleaning supplies, storing off-season gear in sealed bins to protect
The Do’s and Dont’s of Basement Storage Read More »
If you’ve reached the time of life where you are contemplating downsizing your home, the first question to ask, according to this Realto.com post, is what kind of lifestyle do you want after downsizing? By defining how you want to live, you can narrow your search and focus on housing that will meet those
Is It Time to Downsize? Ask Yourself These 4 Questions First Read More »
Inexperience can cause first time home buyers to be confused by the multitude of available options. This post by Caroline James is an excellent introduction to the advantages and disadvantages of five popular property choices: a large detached house on a suburban block, a small home on a sub-divided lot, a townhouse, an apartment
What’s the best property type for your first home? Read More »