Archives for Homeowner tips

Getting Ready to Sell Your Home in Winter: What You Need to Know

Selling your home in the winter Real Estate market may seem undesirable to some, but it has many overlooked advantages that actually make the cold dreary season a potential sellers-market!  One thing found is that winter buyers are generally more serious, which makes complete sense, as most people don’t find joy in dawning winter-wear and bracing cold icy roads and weather just to check out the real estate market on a lazy sunday. Additionally, with fewer properties listed for sale, the market is smaller, making it easy to stand out in the neighbourhood. Keeping up with yard work and weeding
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Home Renovations with a Great Return on Investment

Home Renovations with a Great Return on Investment We’ve all been there: “I love our kitchen, but what if we added an island?” or “our en suite bathroom is great, but it’s missing a little colour” or even “our basement is so spacious, I wonder what it would look like finished”. Sound familiar? If you can relate with any of the above questions (or have debated a slightly different tweak to your home) then you’re likely well-acquainted with the idea of home renovations and how they can truly revamp a living space (or two). But what if we told you
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Fall Furnace Tune-Up

Fall Furnace Tune-Up As much as we may hate to admit it, fall is here. As the days get shorter and the air gets colder, the time of year when we switch from cooling our homes to heating them is upon us. However, before you switch your furnace on and start getting your winter blankets out of storage, it is wise to perform a routine inspection and maintenance of your furnace. You don’t want something going wrong in the middle of winter when you need heat more than ever. You can spend money to have a professional come and perform
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Protecting Your Home from Critters

As the cooler weather starts to roll in, we are all thinking of cozying up indoors and unfortunately our furry friends outside are also thinking the same. Wild animals are currently looking for warm spaces to call home for the winter months and unfortunately our homes can be an attractive target. When animals get into a home, the damage can be severe and costly to fix but fortunately, with some careful planning you can ensure that you are not welcoming some unwanted guests over the winter months. Ottawa is home to many different critters but let’s take a look at
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Frolic into Fall: Fall Maintenance Tips for Homeowners

Getting ready for fall can sound like a chore. Taking care of your home is a big responsibility, however with a few simple tips and tricks, getting ready for fall can be quick and simple. The important aspect of getting ready for fall is to ensure that your home is fall and winter read, and that all the appropriate maintenance has been performed to keep your home in top shape before the snow begins to fall. There are a few major things to remember when it comes to winter. The wind blows harder during the winter than it does at
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Reverse Mortgages: What to consider when considering a reverse mortgage

Reverse Mortgages What to consider when considering a reverse mortgage… Reverse mortgages allow homeowners to use the equity in their home as a loan, it’s a  financial strategy that is getting more common. This may be in part because a large segment of Canadian Baby Boomers (born between 1946-1964) “is on strong financial footing and on a clear path to being mortgage-free, if not already.”  But what exactly is a reverse mortgage, and how does it work?  Let’s examine the concept of a reverse mortgage, and some of the benefits and downfalls. What is a reverse mortgage? A reverse mortgage is a
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Buying a Home: What The Extras Cost

Contracts and rentals to consider in home ownership When it comes to buying a home, there are always additional fees to be considering when you make an offer. Typically, a first-time home buyer needs to be aware of the costs associated with buying a home – legal fees, mortgage rates, home insurance, closing costs, property taxes, land transfer fees…But what about those little extras not everyone considers? The contracts and rentals associated with the home such as furnaces, hot water tanks, and in some locations even your septic tanks – and what that could cost you. The main point is
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3 Tips For Making A Major Homeowners Insurance Claim

3 Tips For Making A Major Homeowners Insurance Claim Home insurance is one of the costs that come with home ownership. You pay your premiums to your insurance company and when disaster strikes, you expect that they will pay for most, if not all of the bill.  But will they? Here are 3 tips to help you get the most out of your homeowner’s insurance claim.   Know your limits, deductibles and what your coverage includes. Depending on your policy, your insurance company may or may not cover things like water damage. By reviewing your policy, you’ll know how much you
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Understanding Property Taxes

Property taxes are a necessary part of owning property in Ontario. Anyone in Ontario who owns land or a property has to pay a certain amount of tax to the municipal government. Although these taxes are unpopular, as all taxes are, property taxes are important because they are the main revenue source for Ontario’s municipalities. Property taxes are separate from other forms of taxes, and the amount that each person owes is based on a unique assessment for their particular property and the tax rate of the municipality the property is in. How property taxes are determined for each individual
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Landlords and Legalization: What budding weed laws may mean for Landlords

Landlords and Legalization: What budding weed laws may mean for Landlords With the legalization of marijuana on the horizon, property owners of rental units are wondering what that will mean for them. As all the rules and regulations surrounding cannabis use have yet to be ironed out, it’s only natural that landlords are beginning express concern, or in some cases excitement surrounding the opportunities legalization will present. The legalization of medical cannabis passed in 2001, but as Canada moves forward to legalize the use of cannabis across the country, there are many different views surrounding the changes. With multiple angles to
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