Monthly Archives September 2016

Homeowners Can Earn Extra Income Using Airbnb

September 28, 2016 | Comments Off

Congratulations, you’re a homeowner! With all of the joys of home-ownership also comes the task of paying off your mortgage, paying property taxes and keeping up with regular maintenance as required. While you’ve purchased a home within your means, paying off a mortgage can be daunting; however, there are ways in which you can make your payments a little more manageable. If you’ve decided to purchase a home, you’ve put down a certain percentage as a down payment, and you’ve agreed to pay into a mortgage (over the course of x-amount of years with an interest rate of x-percent). You
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Checklist for Home Buyers

September 21, 2016 | Comments Off

When buying a home, there are always a series of questions that run through a home buyer’s mind. At Royal LePage Team Realty, we encourage you to ask them, we try to think of everything for you … including a checklist to keep track of the important details about homes we show you! Of course your Real Estate agent will be there every step of the way to help you find the right home, but falling in love with a property is not the only factor to consider when purchasing a home. We’ve put together a checklist that outlines details that are important to many buyers and
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Building Your Retirement Home

September 15, 2016 | Comments Off

For several years now, Canada’s population of 65-and-overs has been increasing at rapid rates. In fact, in 2015, according to Statistics Canada, there were more Canadians over the age of 65 than there were those under the age of 15 – a pace that has only been growing since 2011. Coincidentally, as the Canadian population grows older, the number of Canadian retirees will rise. So, are you someone who is approaching the first stages of retirement? More importantly, are you ready to retire? One of the biggest decisions an individual(s) will make upon retirement is purchasing their retirement home. It’s
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Finding the Best Neighbourhood for Your Family

September 9, 2016 | Comments Off

A row of a new houses in Ottawa, Ontario Buying a home is arguably one of the biggest decisions we will ever make. The process can often seem a little daunting at first, especially for those who are first-time home buyers: where to buy, what neighbourhood, what to buy, when to buy – all relevant ponderings that can (and will) be answered in time, rest assured. Similarly, when it comes time to choosing a home that is best suited for your family, there are also a lot of factors to consider – some of which can seem a little overwhelming.
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Ottawa Real Estate Market Hightlights August 2016

September 7, 2016 | Comments Off

According to recently released statistics by the Ottawa Real Estate Board, August 2016 was a record breaker. 2016 continues to outpace 2015 in number of properties sold! While inventory has dropped compared to this time last year the total number of sales are up and so are average sale prices. With fewer homes for sale in the Ottawa real estate market for buyers to choose from, OREB’s president speculates a Seller’s market may be on the horizon, but only time will tell. While these statistics are helpful in establishing trends there are many factors to consider when buying or selling that
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Eric Ritterrath