Beyond the Sign: Inheriting property the smart way – It can be difficult to know what to do with an inherited property. Whether you choose to keep it or sell it is often a complicated emotional and financial decision. Jason Ralph, Broker of Record for Royal LePage Team Realty, gives some valuable advice about dealing with […]
Beyond the Sign: How Realtors Determine List Prices. – There are a number of factors that go into the successful marketing and sale of a home. Even before the ‘For Sale’ sign goes up, the professional REALTORS® at Royal LePage Team Realty are working hard to make sure that all of the elements are in place. […]
Everything You Need to Know About Trees With the recent Ontario wide storm so many trees were toppled over and caused a lot of property damage. So we thought it would be a good time to talk about how to properly care for your new trees, if you’ve chosen to replant some of the […]
Buying Commercial Properties in this Economy Buying commercial real estate requires much thought and planning. After all; it could either be “home base” for your growing business, or simply a very large financial investment. As the market continues to diversify and expand, you may wonder how it could affect your ability to buy commercial […]
Buying a Home: Step by Step Buying a home can seem like a daunting task in the beginning. There are so many options to consider, let alone finding that dream home. You may be wondering what the main things to consider when you’re going to buy a house, and how the process works? With so much information surrounding the housing market, we’ve created a short step-by-step process to help you with all your home buying needs! Finances The daunting and confusing aspect of buying a home always lands in the finance department. Mostly because finances on a large scale become
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Ottawa Real Estate Market Snapshot: May 2018: While inventory is still lower than normal, the number of listings coming onto the market this month is typical spring activity! Have questions? Looking for specific neighbourhood stats? Message us!! The following are hightlights from the Ottawa Real Estate Board’s latest News Release read the full story Members of the Ottawa Real Estate Board sold 2,279 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,294 in May 2017, a decrease of 0.7 per cent. The five-year average for May sales is 2,041. May’s sales included 485 in the
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Canada Day is usually a big event in Ottawa; it is the nation’s capital after all, but this year was an even bigger celebration owing to 2017 being the 150th anniversary of Canada’s founding. In order to celebrate this momentous event, Ottawa pulled out all the stops to throw a Canada Day celebration that people won’t soon forget. The public turned out in record numbers to celebrate Canada Day in Ottawa this year, and the celebrations were also awash in celebrities. Justin Trudeau was in attendance, as were Prince Charles and the Duchess of Cornwall, and Governor General David Johnston
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It’s winter time in our Nation’s Capital! The New Year is well underway, and as we’ve carefully selected our resolutions (and have spent the majority of these last few weeks trying to abide by them) we reminisce on the post-joys of Christmas and the excitement of a New Year. However, regardless the amount of joy in our hearts and happiness in our homes, the cold weather tends to overstay its welcome far too often. Admit it, we’ll soon catch ourselves wishing for less snow, warmer weather, and oodles upon oodles of sunshine. Wishful thinking, I’ll say. Truth is, we live
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Thinking of buying your first home? If so, it may be time to get on with it, especially considering the possibility that interest rates will rise. Using government incentive programs that encourage first time homebuyers to enter the real estate market, you can realize additional savings. And, mortgage financing has been almost free for some time, but economic signals point to those costs rising. Mortgage rates may increase Several factors are threatening to push Canadian mortgage rates higher even as the Bank of Canada tries to hold its overnight lending rate down. Fixed mortgage rates are
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“Don’t wait to buy land, buy land and wait” – Will Rogers Income Properties: Are you Ready? Owning a rental property may seem like a licence to print money. Interest rates are low, the Ottawa Real Estate Market is stable …what could be easier? Buy a property, lease it, collect cheques and plan your retirement. But…before purchasing an income property, you should be aware of the benefits and drawbacks. Advantages of Income Properties: You pay less tax. Because your secondary property is a business, you can deduct certain expenses from your income (mortgage interest, property taxes, insurance,
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