After a short pause in August, which showed consistent but not breath-taking sales, the real estate property market in the Georgian Triangle seems to be firing on all cylinders, having recorded more sales in September 2013 than any single month since 2005. Some sales might have been prompted by the recent increase in fixed-term lending rates, along with the expectation of more tightening in the borrowing...
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If you’re thinking of buying a condominium, you may be interested in the beautiful pedestrian village in the Blue Mountains area, which incorporates resort condos for guests within a hotel structure. Your resort condo would be managed by a property rental manager on your behalf. You will have personal use of it for 10 days every month. If you don’t want to be part of the rental program, 20 percent of...
When you are buying a condo, you will own the unit, along with a percentage of common property elements allocated to it. The boundaries of the unit and the percentage of common elements may vary from condo to condo, depending on how they are specified in the complex’s governing documents. Sometimes, the boundary is behind the interior drywall of the condo’s dividing walls. Or the boundary could be at...
There are a number of important issues to consider when identifying suitable commercial real estate to buy. The saying “Location, Location, Location!” is just as true for a commercial property as it is for a residential home. But there are other factors that come into play. Location: As already mentioned, this is still the #1 priority. You need to be close to your clients, your employees, and your...
Viewing homes for sale and then making a choice is one of the biggest decisions you will ever make. When the time comes to sign on the dotted line, don’t make this decision alone. To assist you in putting together the right team of professionals, the CMHC (Canada Mortgage and Housing Corporation) recommends that you hire the following experts. REALTOR®: Among many services, your REALTOR® will help...
The goal at our real estate office is to provide outstanding service to a diverse client base. This is accomplished by staying up-to-date with state-of-the-art technology, staying current with real estate knowledge, and maintaining high levels of enthusiasm. Two real estate brokers in Blue Mountains who love helping people are Cindy Ryerse and Ian Hawkins. CINDY In 1989, she started selling real estate...
If you’re looking at condos for sale, or even an apartment, townhome or townhouse, the feng shui criteria is different to the criteria of looking at houses for sale. Nevertheless, good feng shui is good feng shui, and knowing what good chi (energy) is made of will be useful when you go condo hunting. Below are 3 of the main feng shui elements for condominiums: Chi and Building Location: The chi of a...
Existing personal debt is an important factor taken into consideration when a client applies for mortgage loan approval. Generally, banks tend to follow a guideline concerning debt-ratio of anyone applying for a mortgage. Debt-ratio is a person's percentage of income as compared to existing debt. If your monthly debt payments total 35-40% or more of your monthly income, it may be difficult to obtain a...
The interior of the house isn’t the only thing you need to focus on when you’re selling your home. Here’s a list of real estate property qualities home buyers want most: Healthy Grass. Patchy, unhealthy grass just isn’t pretty! It can make the exterior appearance of your home look neglected and uncared for. Your front lawn is a huge part of the first impression that real estate property buyers...
Barbara Corcoran is a well-known real estate expert, and if you’re looking to sell your home, this is a great video. Watch and learn how to increase the real estate value of your home by 10-20% without breaking the bank! Some important points Barbara makes include: Don’t draw attention to the negatives - She uses the example of the bench in the front yard, but this goes for anything within your...