By Elias Metlej
Many people enter into property transactions with minimal money. Prepared for the obvious amounts, buyers set aside just enough for a down payment, legal fees, and the registration costs. Unfortunately, there are many valuable products and services that are widely unknown and, therefore, not budgeted for.
Most of my clients have never heard of title insurance until we review their ...
Posted by David Yetman
on July 17, 2009
By Elias Metlej
I am always amazed by the number of people who naively claim that they don't have a mortgage. Many clients do not appreciate when a mortgage is registered against their home. In an age of extensive consumer protection laws and regulated banking, how do people end up with mortgages that they are unaware of? The answer lies in the fact that many consumers unknowingly use their homes ...
Posted by David Yetman
on July 15, 2009
By Elias Metlej
A client told me that when she bought her first home she met with her lawyer once, for only 15 minutes. Following this, she understood only two things - she paid a lot of money and she owned a house. Unfortunately, far too many people experience this legal blur when purchasing or selling their home.
A property transaction will be an overwhelming experience. In our business, surprises ...
Posted by David Yetman
on July 13, 2009
By Elias Metlej
"I'm ready to buy a house with my girlfriend, but I'm not buying a house with her father!" That was a client's response when he understood the meaning of "co-signer". The young couple I was working with required a co-signer for their mortgage. Unfortunately, they, like many borrowers, did not understand the meaning of co-signer or appreciate how it would impact their ownership.
The ...
Posted by David Yetman
on July 9, 2009
This summer you might be thinking about renovating your home; replacing drafty windows, buying a low or dual flush toilet, or replacing your heating system with an ENERGY STAR rated system. Now is the time to do it! There are Federal and Provincial rebates, zero-interest renovation loans, and an assistance program for low to modest income families to do just this. All you have to do is have your home ...
Posted by David Yetman
on June 25, 2009
Halifax is home to one of the hottest-selling neighbourhoods in Canada, according to a survey by Century 21 Realty.
The Morris Lake area on the northeast shores of the harbour is ranked alongside High Park in Toronto, Richmond in Vancouver, and upscale North Kildonan in Winnipeg.
In the Morris Lake area, the average house price was $222,756 in April, an increase of 11 per cent from a year earlier. ...
Posted by David Yetman
on June 23, 2009
from Comscore data, provided by CREA for Atlantic Canada, interesting read, especially Kijiji, however my research shows that there are lots of hits, but few sales, as opposed to organized real estate.
Atlantic Region - Comscore Data
Website
Jan-09
Feb-09
Mar-09
Apr-09
Real estate universe
544,000
...
Posted by David Yetman
on June 1, 2009
Yeah it might be tough, but what is that saying..."When the going gets tough...the tough get going!
People are still buying and selling homes!
Posted by David Yetman
on June 1, 2009
and an increased interest in Income properties, there are good deals to be had.
Posted by Patrick Johnston
on June 1, 2009
The Reality of Real Estate in Nova Scotia
The sky is not falling: prices are stable and great opportunities exist.
March 25, 2009 - Nova Scotia: MLS® home sales in Nova Scotia were up in February 2009 from where they
stood over the past three months but remained below levels reported one year earlier, according to
statistics released by the Nova Scotia Association of REALTORS®.
Residential ...
Posted by David Yetman
on April 2, 2009