Archives for Real Estate Information

Your Annual Home Maintenance Schedule

Your Annual Home Maintenance Schedule

September 9, 2015 | Comments Off on Your Annual Home Maintenance Schedule

Following an annual maintenance schedule is an essential step in protecting the value of what will probably be the largest investment of your life – your home.  First time home owners, or those lacking experience may struggle with this task and overlook important elements.  Here are some guidelines to help you create a maintenance program that suits your needs. Benefits of Home Maintenance Regular preventive maintenance identifies minor repairs before they become expensive, major repairs.  It also preserves your home’s market value.  One study found that “greater than $5 return for every $1 spent on preventive maintenance is not unusual”. 
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CMHC announces new rules to make it easier for homeowners to rent out property

CMHC announces new rules to make it easier for homeowners to rent out property

September 2, 2015 | Comments Off on CMHC announces new rules to make it easier for homeowners to rent out property

In this Financial Post article, Garry Marr discusses the impact of upcoming changes from Canada Mortgage and Housing Corp (CMHC) that will permit homeowners to count 100% of the income from their secondary units when qualifying for a loan.  Currently, homeowners with legal units can only count 50% of the income from legal rentals.  By making it easier to borrow money, Marr suggests CMHC will be bringing more people into the market, and that is expected to boost affordable housing, especially in hot markets like Vancouver where secondary units make up almost 20% of the city’s rental stock.  To read
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Should you let children choose their bedroom paint colours?

Should you let children choose their bedroom paint colours?

August 25, 2015 | Comments Off on Should you let children choose their bedroom paint colours?

Should you let children choose their bedroom paint colours? In this Canadian Living post, Brett Walther suggests a way to let your child participate when deciding what colour(s) to paint their room while also avoiding a choice that is unacceptable to you, or one that they will want to change next week.  The key is to guide their choice by presenting a few options that appeal to them while also meeting your own criteria.  To read more click here.   Source: Blog
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