Real Estate Blog

Single Family Home or Condo? A Guide For Home BuyersLife in a single family home is far different from life in a condo. For people who are thinking about buying property and aren't sure which type of home to buy, knowing the major differences between these two types of properties can help.

Condos: Pros and Cons

Condos are similar to apartments in terms of layout and design. Like apartments, condos are often housed in large buildings that have been divided into individual units. The difference between a condo and an apartment is that the condo is owned by the individual, not by the landlord. People who own condos are responsible for maintaining the inside of their condo, but are not responsible for exterior maintenance. In other words, if the furnace breaks down, the owner is responsible for

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Basic Home Buying: Your Guide to Making a PurchaseThere are a number of great homes throughout Canada, and when it is time for a buyer to start looking for a house there are several steps that need to be taken before putting in an offer. First, determining whether a house is the right choice is very valuable. Not everyone wants to own a home, and some people prefer to rent.

Before buying a home, there are also credit and financial issues that should be addressed. Until all of the main concerns have been handled, buying a home may be something that should wait. Working through the process can help any buyer be prepared and get the right home for their needs.

Determine if Home Ownership is the Right Choice

When I buyer is ready to purchase a home, they should consider all of the

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How Canadian Down Payment Rules Affect HomebuyersHow much home can you afford? First time homebuyers or those looking for a new home may be impacted by the changes to the down payment minimum and may need to save up a little longer for the Mountainview home of their dreams. What should buyers know about the Canadian down payment as it applies to different home prices?

Understand more about down payment minimums and changes to the Canadian housing market.

A New Minimum Down Payment

Homebuyers may have a difficult time coming up with money for a significant down payment on the purchase of a home. It appears lenders may get their way and the minimum down payment may soon rise. This may make it harder for first-time home buyers to get into a desired home and they may have to go for a more

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What to Know About Mortgaging a Home in CanadaNavigating the mortgage market successfully can be just as difficult as finding the perfect home to buy. With scores of available mortgage options available, prospective applicants can find the process confusing, to say the least. The following guide is designed to help clear away some of this confusion and offer sound basic information that buyers can use to select the best possible mortgage option for their specific situation.

The Conventional Mortgage

The conventional mortgage is the "plain vanilla" option for the Canadian home buyer, as it has been for decades. Borrowers who are considering this traditional mortgage option should understand that they will need at least twenty percent down, with even larger down payments considered optimal

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What to Know About Paint Types When Repainting Your HomeWhen it comes to paint, there’s a lot of different choices. For someone painting for the first time, it can be overwhelming to walk into a hardware store and find dozens of different types of paints. To make painting easy, here are all the different types of paint and how to best use them. It's a fun way to refresh your home's look, and it has a great ROI for home sellers looking to spruce up their place.

Primer

Many painting guides will say a wall should be painted with a primer before putting colored paint on a wall. This is because the primer will help cover old paint and create a blank surface for the new paint so the old color doesn’t come through it. Recently, it’s become common to find paints with the primer already mixed in to help cut

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Lead based paints are a health hazard. For industrial or residential structures built between 1950 and early 1970s, chances are the paint on the structure is lead based. Health and environmental experts have in the past pinpointed the health effects of exposure to lead which can range from minor annoyances to potentially being deadly. The EPA has great resources for more detailed study at https://www.epa.gov/Lead.

In a bid to adhere to the regulations and protect their employees, industries have embarked on a mission to remove the lead-based paints from their structure. It’s however important to realize that lead paint is not like your ordinary everyday paint; this one is a dangerous paint which requires special care in dealing with the removal as well

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Home Improvements to Make on a BudgetYou've probably heard that your home will sell for more money if you can make improvements before putting it on the market. This can be tough when you're on a tight budget. Fortunately, there are several budget-friendly DIY projects that can make your home stand out to home buyers, leading to faster and bigger offers.

Carpet Tear Out

Carpet can start to look worn and dirty over time. Under the right circumstances, tearing out your home's carpeting and cleaning up the flooring underneath can be an inexpensive way to freshen and beautify your home.

To tear out your home's carpet, simply lift the edge of the carpet starting from a corner of the room, then pull. Carpet can be easily cut into strips with a blade, rolled up into bundles and hauled

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How to Improve Home Curb AppealWhile the vast majority of prospective home buyers today first go looking online, it's still the personal visit that seals the deal. Unless a house is appealing on that first "drive-by," a buyer is apt to just drive on by.

Here are 5 simple ways to boost your home's curb appeal:

Paint the Front Door

It's not only the colour that will beckon visitors, but the style, the hardware and the feeling created by your front entry. Redoing the front door can improve the curb appeal of the home with just a few small updates. You want it to feel bright and fresh, as if pleasant times await within. Look at the total picture, including trim, shutters and fascia. Pick colours that complement your home's architecture but draw attention to the entry.

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Tips to Show Your Home to Make the Best Impression on Home BuyersIf you want to sell your home more easily, there are some tips you can follow to do so. They all help you show your home in its best light, and that can mean a buyer who will appreciate everything the house has to offer. Showing a home isn't difficult, but sellers want to be sure they do it right. Sellers who do that could end up making more money from the sale, and also sell their home faster than expected. Here are six of the most important things to consider when selling a home, so that it shows as well as possible.

Importance of Curb Appeal

Curb appeal matters. Buyers have been known to skip out on even seeing the inside of a home if the curb appeal just isn't there. They may feel the home has been neglected or not maintained well, and

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Hidden Costs Between Buying and RentingHome ownership is seen as a positive step toward financial security. For many young adults, owning a home is a sign of having achieved a great goal. However, there can be nearly as many cons as pros in home ownership, and anyone who is used to renting must be aware of the differences before deciding whether or not homeownership is right for them. 

Budget For Home Ownership

The great advantage of renting is the lack of financial responsibility for the property. Need something fixed? Call the landlord! This is not so with home ownership. As a general rule, homeowners are recommended to set aside at least 1 percent of the cost of the house for home maintenance every year.

Home maintenance may vary from one year to the next, depending on the age

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