Loading...

Should You Be concerned about Purchasing an Older Property?

May be you are not interested in purchasing an older home. But Older homes have

character and charm that many find alluring and may be difficult to resist.

Older Homes are often located in in attractive, mature neighbourhoods with well established demographics.

Generally you should not be concerned about purchasing on older home, but you should do your due diligence to make sure you are not purchasing troubles and headaches.

If you are seriously considering putting an offer an older home, always get a professional home inspector to carry out an inspections. An inspector will expose issues that you may not see

The house may have old and dated electrical and mechanical systems, and other issues that may be discovered during inspection.

The other prudent thing to do is to find out if there are any planned changes for the neighbourhood such as new development. You don’t want to think you ‘re moving into a quiet older area  only to discover a new community centre is going to be built nearby

Remember always to consider getting help from a professional realtor like myself to to help you find what you are looking for. The services are free of charge to you as a buyer and you will save thousands of Dollars and lots of headaches as I do all the leg for you. Call me direct at 416-428-8311

Valuable Tips For First Time Home Buyers

Thursday Nov 17th, 2016

Share

Obtain pre-approval It is absolutely critical for a first time home buyer to find out how much mortgage they can afford, Consult with a mortgage broker and obtain a letter of pre-approval. Try to lock-in the interest rate for a period of time while shopping for a house. Keep in mind, mortgage approval will still be subject to an appraisal of the property by the financial institution. I can recommend a few mortgage brokers frequently used by my clients please call 416-428- 8311 for more... [read more]

Fan Coil Heating and Cooling System

Monday Nov 14th, 2016

Share

The Majority of newer condos has fan coil heating and cooling system. Sometimes these systems are described as Forced Air or Heat Pumps. There is, however, a difference. Principle of System Operation: The Air is circulated and is taken in from the intake vent at the bottom and is blown out from the top vent either warm air in the winter or cold air in the summer. It is important that the lower vent is not blocked by furniture as it will not work properly and the obstruction can... [read more]

Is it better to Rent or Buy?

Friday Oct 21st, 2016

Share

Every day we make decisions about purchasing various items, it could be lunch, coffee, a book, a pair of shoes and every now and them an automobile. On some items you have the option to return the merchandise if you are not happy with what you purchased, the item may be returned within a certain period and you get your money back, but purchasing a home is a very different story. This option is not available when you purchase a property. Therefore, it is important that you do your... [read more]

Eco-Friendly Changes that Save Money

Monday Oct 17th, 2016

Share

Consider making small changes around your home and save thousands of dollars a year and be more environmentally conscious. From small changes like which light bulbs to use, to revolutionary investments such as installing solar shingles, these changes will make a significant impact on your wallet without impacting the earth: Use Compact Fluorescent Light (CFL) Bulbs instead of incandescent bulbs. CFL bulbs last 10x longer than incandescent bulbs or LED lights and uses about... [read more]

Your Thermostat

Monday Oct 10th, 2016

Share

Your thermostat controls your energy bill more than any appliances or electronics. It almost controls half of your energy bill.  Control your home’s thermostat with Nest Thermostat instead of a traditional thermostat. Nest Thermostat automatically turns itself down when nobody is home to save energy and adjusts to your preferred temperature when someone returns home. [read more]

Major Changes to Housing Rules in Canada

Monday Oct 10th, 2016

Share

FOUR Major Changes to Housing Rules The Liberal government has announced sweeping changes aimed at ensuring Canadians aren't taking on bigger mortgages than they can afford in an era of historically low-interest rates.   The changes are also meant to address concerns related to foreign buyers who buy and flip Canadian homes.   Below is a breakdown of the four major changes Finance Minister Bill Morneau announced Monday.   The current... [read more]

READ MORE