Blog

Aboveground fuel tanks

At what age must an aboveground fuel tank be replaced? Is a property insurable with a fuel tank in the premises? Here are some resources: 1. Technical Standards and Safety Authority – www.tssa.org Consumer information on aboveground fuel tanks – www.tssa.org/public/consumer/homeowners/consumerHome05.asp 2. Consult insurance companies for specifics on insurability of the property.

Healthy Homes Renovation Tax Credit

The Healthy Homes Renovation Tax Credit is a permanent, refundable personal income tax credit to assist with the cost of permanent home modifications that improve accessibility or help a senior be more functional or mobile at home. The credit is worth up to $1,500 each year, calculated at 15 per cent of up to $10,000 […]

You are invited!

On Saturday, February 23rd, I invite you to attend a FREE EVENT! This event is designed to help teach families and their children the key skills needed to EARN, SAVE, and INVEST their money in a fun and entertaining format that is easy to absorb. The ideal age group is from 12 years to 23 […]

Check your condo insurance policy!

Condominium owners take note. In most condominiums, there is a blanket insurance policy for the common elements, and the individual unit owner’s policy. An individual owner’s policy should include “chargeback coverage”. Under the Ontario Condominium Act, 1998, a condominium can pass a bylaw to allow the insurance deductibles on the condominium’s blanket insurance policy to […]

Buying brand new is getting more expensive

Buyers often don’t have the advice of realtors when they are buying from a builder. For this reason, many don’t look closely at the Agreements of Purchase and Sale. Let’s face it – these Agreements have always been one-sided. There are a couple of new things inserted into the standard Agreements recently. Some builders are […]

A thought…

“Behold the turtle. He makes progress only when he sticks his neck out.” – James B. Conant

CREA Updates Resale Housing Forecast

The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for  2012 and 2013. CREA’s previous forecast predicted generally stable resale housing activity in 2012, with growth in Alberta and Saskatchewan offsetting slight sales declines in British […]

April sales sailing along through spring

Members of the Ottawa Real Estate Board sold 1,568 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,530 in April 2011, an increase of 2.5 per cent. April’s sales included 300 in the condominium property class, and 1,268 in the residential property class. The condominium property class includes any property, […]

An interesting article about interest rates…

It’s time to start planning your rising interest rate escape plan. Rates aren’t on the increase just yet. But the Bank of Canada on Tuesday indicated — central banks always indicate, they never say — that economic conditions are improving enough for it to start looking for an opening to raise rates from today’s freakishly […]

Spring has sprung an increase in residential sales

Members of the Ottawa Real Estate Board sold 1,396 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,240 in March 2011, an increase of 12.6 per cent. The five-year average for March sales is 1,276.March’s sales included 277 in the condominium property class, and 1,119 in the residential property class. […]

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