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.
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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
The 50th Gold Cup Parade is almost upon us! Century 21 Colonial Realty is proud to announce that we are sponsoring Joe Nieuwendyk in the "Parade of Stars". Nieuwendyk and the Dallas Stars are also going to be here from Sept 16-20 for their training camp.
Nieuwendyk has won the Stanley Cup three times, in three different decades, for three different teams. He is one of only ten players in Stanley ...
Posted by Joel MacDonald
on August 18, 2011
Summer time is one of the best times on Prince Edward Island and for many, there’s nothing better than having a cottage near a beach so you can enjoy a different pace of life. There are so many areas around PEI to choose a cottage that already exists, or to choose a lot and build your own. Whatever your choice, it is very important to discuss your situation with a lender as seasonal home financing ...
Posted by Joel Ives
on August 4, 2011
If you are a homeowner, you have probably asked yourself, how can I make my home more energy efficient? With fuel costs rising and increased awareness about environmental conservation, more of us are searching for ways to decrease our fuel costs and energy consumption. People will often question the method of heating their home. Is it efficient? What would be better? When In fact, most of us ...
Posted by Joel Ives
on August 1, 2011
Home inspections are a very important part of the home buying process. Although it's not's mandatory on PEI when purchasing a home, it's something that should be done if you want to get a "report card" on the home you are looking to buy.
For both parties in the sale, a home inspection is important as it can identify potential issues in the home. A home inspector will check to see the current condition ...
Posted by Joel Ives
on July 28, 2011
Closing costs can be extremely confusing when purchasing a home. We've gotten a lot of questions on them since we've started the PEI Real Estate Report, so we figured it would be a perfect time to answer them head on. Here are a list of the closing costs you can expect when entering this process:
1. Land Transfer Tax. When you purchase a house, you must pay what's called the land transfer tax. This ...
Posted by Joel Ives
on July 21, 2011
As life goes on, housing needs change. Whether your family is getting bigger, you're downsizing or just looking for a change, there comes a time in the lives of many homebuyers to purchase a new house. This is something many homebuyers have to figure out for themselves and every case is different.
In most cases, people need the money from the sale of the current home they're in to purchase ...
Posted by Joel Ives
on July 14, 2011