There are many things to take into account when purchasing any property. There are three very important things to consider above all others when purchasing a rental property:
1. How much money can you expect to earn in rental income?
2. What are your fixed expenses and your variable expenses?
Fixed expenses are things like property taxes, insurance, routine maintenance and repairs, as well ...
Posted by Joel MacDonald
on November 21, 2011
Are you buying a home for the first time? Did you know that if the property you are purchasing is under $200,000, even just a $1 less, you are not required to pay Land Transfer Tax which is 1% of the greater purchase price or assessed value of the real property. That means you will save close to $2000. If your purchase price is under $200,000 you are even eligible for reduced legal registration fees. ...
Posted by Joel MacDonald
on November 9, 2011
We would like to invite you - and any friends or clients you think would be interested - to an invitation only open house. Please send a email to jp.robison@century21.ca for more information.
Posted by J P Robison
on November 7, 2011
You may have heard that it is a Buyer's Market out there. This may have you questioning your decision to put your home up for sale. Don't be intimidated by the generalized statement Buyer's Market. Regardless of the state of the economy there will always be people buying and selling their homes. Families grow, people get transferred, and not everyone is suffering in this economy. If you have a well ...
Posted by Joel MacDonald
on November 1, 2011
When looking for a new home, whether buying or building, one of the most fundamental questions that needs to be answered is, what size home do we want? It's an interesting question and one that has probably been rephrased in the past several years from what size do we want, to, what size do we need? Interestingly....back in the 70's the average home was approximately 1500 square feet, today it is 2200 ...
Posted by Joel MacDonald
on October 25, 2011
We know a lot of people have thought about a career in real estate but what may stand in the way of making the leap into a new career, is the question, 'am I right for real estate?'. Remember, there is isn't any one type of person who is 'right for real estate'. It takes many personality types, each with their own style, to accomodate the needs of our clients. We look for all different personality ...
Posted by Joel MacDonald
on October 18, 2011
Cost of living increases, the global financial crisis, retirement and empty nests are some of the reasons people are asking themselves if now is the right time to downsize to a lower priced home. The strategy being to sell the current home and buy something considerably cheaper, thereby unlocking the money in the home and creating a more comfortable balance between expenses and income.
...
Posted by Joel MacDonald
on October 11, 2011
You know you want to buy a home in the near future but you may be in a quandry over whether to buy an existing home or to build. This is a question many people mull over and find it difficult to come to a clear decision on since both options provide their own advantages and disadvantages. A good first step is to make a list of the advantages and disadvantages for each option. For example:
BUILD: ...
Posted by Joel MacDonald
on October 6, 2011
Cost of living increases, the global financial crisis, retirement and empty nests are some of the reasons people are asking themselves if now is the right time to downsize to a lower priced home. The strategy being to sell the current home and buy something considerably cheaper, thereby unlocking the money in the home and creating a more comfortable balance between expenses and income.
This ...
Posted by Joel MacDonald
on September 30, 2011
First impressions are important when you are looking to sell your home. It is very important that you take into account that when people view your house, that they want to be able to visualize themselves living in the space. A little work, can go a long way.
That's where staging comes into play. It's important that when you are selling your home, you free it from clutter as best ...
Posted by Joel MacDonald
on September 29, 2011