Archives for Buyers

What’s In a Name? Is your Street Name Desirable to Home Buyers?

What’s In a Name? Is your Street Name Desirable to Home Buyers?

June 16, 2016 | Comments Off on What’s In a Name? Is your Street Name Desirable to Home Buyers?

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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Buying Old Versus New Properties – Pros and Cons

Buying Old Versus New Properties – Pros and Cons

April 3, 2016 | Comments Off on Buying Old Versus New Properties – Pros and Cons

When buying any commodity, new is often better than used. In the housing market, though, your best opportunity can come from an old home or, as in Ottawa, where the inventory of new homes is overstocked, you may be able to purchase a new home for the same price buyers paid years ago. Here are some advantages and risks of both options.   Advantages of Buying Old Properties   you can physically walk through and inspect the home similar listings have sold or are currently available to use for comparative market analysis when establishing price antique homes appeal to a
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Financing Your Home Purchase – Mortgage Broker or Bank?

Financing Your Home Purchase – Mortgage Broker or Bank?

March 15, 2016 | Comments Off on Financing Your Home Purchase – Mortgage Broker or Bank?

  When it comes time to purchase a new home, where should you go for financing? You may have a relationship with a bank from past transactions (RRSPs, savings accounts, car loan), so it’s the first option that comes to mind.  But, mortgage brokers are licensed specialists who have access to many lenders and mortgage rates, so they may be a better choice. Here are some pros and cons for each.   Advantages of Mortgage Brokers   do all the negotiating for you to find the lowest rate have knowledge of, and access to, the entire mortgage market have exclusive
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Don’t tax my dream campaign succeeds

Don’t tax my dream campaign succeeds

January 1, 2016 | Comments Off on 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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