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
Read More
Posts by teamrealty
Frolic into Fall: Fall Maintenance Tips for Homeowners
Getting ready for fall and winter can sound like a chore. However with a few simple tips and tricks, getting it done can be quick and will pay off, big time for homeowners. The most important aspect of getting ready is that all of the appropriate maintenance has been performed to keep your home in top shape before the snow flies. There are a few major things to remember when it comes to cold weather. A large part of getting ready for fall is to prepare your outdoor landscapes for the harsh reality that is Canadian winter, including (but not
Read More
August 2018 Notable Numbers in Ottawa Real Estate
Ottawa Real Estate: Market Snapshot August 2018 We continue to see a healthy real estate market in Ottawa, with inventory levels are improving but still lower than we’ve seen in previous years. Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help! Info@teamrealty.ca Empty attachment or post type not equal ‘attachment’ Summer Ends, Active Real Estate Market Continues… September 6, 2018 Ottawa Real Estate Board member sold 1,586 residential properties in August 2018, compared with 1,535 in August 2017, an increase of 3.3 per cent. The five-year average for August sales is 1,417. August’s sales included 1,188 in
Read More
We appear to have a problem:The need to disclose known defects when selling your home
Every home has its’ own unique quirks and character, however, when it comes to purchasing said home, it is important that buyers are aware of any “quirks” that may actually be deficiencies. A deficiency in a home known to the seller is required to be disclosed to the buyer by law, ensuring that any future damage/repair costs cannot be something that the seller becomes liable for. When it comes to disclosing deficiencies in a home, there are two types of defects to consider – patent defects, and latent defects. A patent defect is an easily observed (obvious) defect. An example
Read More
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
Read More
July 2018 in Ottawa Real Estate: Market Snapshot
July 2018 in Ottawa Real Estate: Market Snapshot Ottawa Real Estate Market Snapshot: July 2018: We continue to see a healthy real estate market in Ottawa, with inventory levels are improving. Have questions? Looking for specific neighbourhood stats? Message us, we’d love to help!! A Sizzling Summer for Ottawa Real Estate [posted by the Ottawa Real Estate Board] August 3, 2018 Members of the Ottawa Real Estate Board sold 1,614 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,524 in July 2017, an increase of 5.9 per cent. The five-year average for July sales is
Read More
The Search Is On – Listings: How the majority of buyers & sellers find listings in 2018
As the age of technology and the Internet continues to thrive, many industries have developed over the years to incorporate the constantly changing world of advertising and reaching potential clientele. Long gone are the days of people driving around on the weekends in search of potential listings, and fewer are checking the paper in search of their potential dream home. Despite these changes, the housing market is still booming and buyers and sellers alike are finding their future properties. The real question is, how has the search for real estate listings changed? The majority of that question can be answered
Read More
Neighbourhood Snapshot: Exploring Almonte
Under 30 minutes to Ottawa, Almonte is an Area Home Buyers Should Consider Most of us have heard the Mark Twain quote “Buy land, they’ve stopped making it”, there’s no doubt that investing in real estate is a great way to build equity. As prices in the urban centres creep up, more Ottawa buyers are purchasing condos as a way to get into real estate investment. We saw a condo boom in 2017 and the trend is continuing into 2018. While this is a great option, if the condo lifestyle doesn’t appeal to you, you might consider bucking the trend
Read More
Listed, Viewed, Sold! Steps in the home selling process
Listed, Viewed, Sold! Steps in the home selling process Selling your home is a big task, and an important one to pay critical attention to – as your house is typically your biggest asset. Ensuring that you’re ready to start this journey is key, and being as prepared as possible can ensure your house is sold for its’ top value. There are many important steps along the way when it comes to selling your house, and to take off some of the pressures, we’ve laid them out for you in this article. Find a realtor Your realtor is going to be
Read More
Choosing a Realtor That’s Right for You
Choosing a Realtor That’s Right for You When it comes time for you to buy or sell your home, you’ll want to be sure that you have the guidance and support necessary for you to make a decision you’re most comfortable with. With that said, finding the right Realtor is just as (if not more) important as finding the right home. We know that by choosing Royal LePage Team Realty you are trusting us to ensure your real estate transaction goes smoothly and that your interests and investments are protected, our REALTORS® take this responsibility very seriously. Selling your home? Albeit a
Read More