Archives for Sellers

Why summer is a good time to move…

June 28, 2018 | Comments Off

Why summer is a good time to move… School’s officially out for summer! If you’re like us, you’re probably thinking beaches, holidays, cottages… any activity that will get us out to enjoy the warm weather…but it can also be a perfect time to move! While there might not be as much real estate activity in July as there is in May, it may surprise you to find out that June, July and August are busy months in Ottawa real estate, especially in recent years. The weather is fine and there are still a lot of great opportunities to buy
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Home-Grown Issues: The impacts of home-grown marijuana and legalization

June 6, 2018 | Comments Off

Home-Grown Issues: The impacts of home-grown marijuana and legalization Many Canadians are awaiting this July 2018 with much anticipation, as Bill C-45 will allow the legalization of marijuana, including their ability to grow up to 4 plants within their residence. However, without the proper protections and awareness in place this new legislation could cost home owners thousands, or even their mortgage. The increase of private residence grow-ops that will begin following legalization is a major concern for the real estate industry. Experts say that everyone from “buyers, to sellers, to real estate agents, and home inspectors” will be affected by
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SPRING into ACTION: Sellers

January 31, 2018 | Comments Off

SELLERS Now’s the time to spring into action if you’re a prospective home seller. Getting your home prepared for the spring market now, will help you move quickly and efficiently when the time comes to list. Spring is the optimum time to sell a home, as the largest numbers of buyers are actively searching for a new home during the months of April, May, and June. If you’re looking for tips, tricks, and ideas to get your home market ready, then you’ve come to the right place! Purge & Pack: What better way to clear out the winter blues, than
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Why it doesn’t always PAY to sell your home yourself

November 20, 2017 | Comments Off

With today’s hot real estate market, it may be tempting to consider listing your home yourself, without the assistance of a real estate professional; it is often seen as a way to increase profits since no commission will need to be paid out but in reality, this is not often the case. If you choose to sell your home “For Sale By Owner”(FSBO), there are many factors to consider including additional costs and stress, so it is always advisable to list with a Realtor who knows what they are doing; you may actually make more money by doing so! Here
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Summer Showings

July 24, 2017 | Comments Off

Selling your house can be an exhausting process, and selling during the summer brings its own special challenges. One of the most noticeable is that you may be away on vacation when people want to attend a house showing. Fortunately, you can turn this challenge into an opportunity. If you plan to hold house showings while you are away, the first thing you need to do is ensure that your home is cleaned up. You should go through the house to make sure it is clean and tidy, just as you would before any showing. The only difference is that
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Selling in the Summer

July 11, 2017 | Comments Off

Selling your home in summer? It can be grueling to prepare a house for sale in the summer heat but many experts believe that summer is one of the best times to sell a house. Why?… People are out and about! Summer holidays mean that people have more time to devote to buying a home and, for parents of school age children, moving in the summer offers an easier transition for families changing neighbourhoods/schools. Selling your home in summer may also give you more time to devote to preparing your home – it’s a win-win! The Ottawa real estate market
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Understanding Multiple Offers

June 26, 2017 | Comments Off

As Ottawa continues to be a hot market with a low inventory, the number of multiple offer situations seems to be on the rise. When a home goes to “multiple offers”, all offers on the home must be made at a set time and the seller is able to choose which one they would like to go with or negotiate. This can be a complicated situation for buyers and sellers so here is what you can expect. Keep in mind though that the most important thing you can do as either a buyer or seller in these situations, is to
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Primary Residence Tax Exemption

June 9, 2017 | Comments Off

The federal government has recently made some changes to the Canadian tax system regarding the capital gains from selling residences. Some people are quite worried about what these changes, which you can find directly from the CRA, may come to mean when they sell their homes, but you shouldn’t panic. These changes will not greatly affect most homeowners, who only own a single home they live in. What will stay the same: The capital gains tax exemption from selling a principal residence will not change. This means that any profit you make on selling your home, as long as it is
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Why Listing Price is So Important

May 25, 2017 | Comments Off

Why Listing Price is So Important What is your home worth? This is a tricky question and there are many factors to consider including condition, upgrades, market trends and comparable properties in your neighbourhood. The listing price of a home can make or break a sale so it is always advisable to work with a real estate professional who will do the research and advise you on the best listing price for your home. This will ensure not only that it sells quickly but also for the best possible price in the shortest time. Why is the original listing price
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Bang For Your Buck: Renos That Will Increase Your Home’s Value

May 3, 2017 | Comments Off

If you are a homeowner, you’ve probably spent money on your property over and above the regular carrying costs. Investing in your property has the obvious benefits of making your home nicer to live in, but smart renovations can also have the side benefit of increasing a home’s value when it comes time to sell. Below is a list of some of the home renovations that have been shown to add the most to a home’s value, as well as some renovations to avoid. Flooring Flooring can be a costly renovation, but can also add to a home’s value if
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