all posts marked Sellers

7 Reasons to List Your House For Sale This Holiday Season

Friday, November 30, 2018Norm Rousseauposted in Sellers

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Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Stricter mortgage rules could be in place by January 2018

Wednesday, October 4, 2017Norm Rousseauposted in Buyers, Sellers

By the end of October 2017 we should have a clear idea of proposed changes to mortgage lending regulations with updated B-20 rules implemented within two to three months.
Speaking at an event in Toronto, OSFI superintendent Jeremy Rudin said Tuesday that much of what will become the updated regulations will be what the regulator set out in July which includes a stress test for all uninsured mortgages.iStock_document-paperwork-reading-signing-verifying-check_000028626732_Small
He told the Economic Club of Canada audience that the Office of the Superintendent of Financial Institutions is concerned about the high levels of consumer debt and high real estate prices in some markets.
"We are not waiting to see those risks crystallize in rising arrears and defaults before we act," Mr Rudin stated.
The superintendent says that it has never been more important for mortgage lending underwriting criteria to be strong and that the system needs a “certain integrity.”
Mr Rudin said that although there is a risk of more borrowers using unregulated lenders for mortgages that did not preclude OSFI from taking necessary steps within its mandate.

11 Things You Need to Know to Pass Your Home Inspection

Tuesday, February 25, 2014Norm Rousseauposted in Sellers

While homebuyers are as individual as the homes they plan on purchasing, one thing they share is a desire to ensure that the home they will call their own is as good beneath the surface as it appears to be. thD04WUN2Q

● Will the roof end up leaking?
● Is the wiring safe?
● What about the plumbing? 
These, and others, are the questions that the buyers looking at your home will seek professional help to answer.

According to industry experts, there are at least 33 physical problems that will come under scrutiny during a home inspection. We’ve identified the 11 most common of these and, if not identified and dealt with, any of these 11 items could cost you dearly in terms of repair.

In most cases, you can make a reasonable pre-inspection yourself if you know what you’re looking for. Knowing what you’re looking for can help you prevent little problems from growing into costly and unmanageable ones.

Smokers affect property value

Wednesday, June 19, 2013Norm Rousseauposted in Sellers

REM, Real Estate Magazine Jun 17, 2013  By Chris Seepe

Smoking in the home may significantly affect property values, and allowing smoking in rental units is costly to landlords.

Pfizer Canada, a leading biopharmaceutical company, recently sponsored a survey of Realtors conducted by Leger Marketing, which concluded that 87 per cent of Ontario real estate agents and brokers surveyed said smoking in the home lowers resale value. Eighty-nine per cent said smoked-in homes are more difficult to sell.

Lush Lawns

Wednesday, May 8, 2013Norm Rousseauposted in Sellers

Great looking lawns don’t just happen - they’re created. When your lawn emerges from winter weather with more splat than spring, getting it into shape may feel overwhelming. With a few simple steps, however it gets easier.

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