Archives for Homeowner tips

Protecting Your Home from Critters

As the cooler weather starts to roll in, we are all thinking of cozying up indoors and unfortunately our furry friends outside are also thinking the same. Wild animals are currently looking for warm spaces to call home for the winter months and unfortunately our homes can be an attractive target. When animals get into a home, the damage can be severe and costly to fix but fortunately, with some careful planning you can ensure that you are not welcoming some unwanted guests over the winter months. Ottawa is home to many different critters but let’s take a look at
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Frolic into Fall: Fall Maintenance Tips for Homeowners

Getting ready for fall can sound like a chore. Taking care of your home is a big responsibility, however with a few simple tips and tricks, getting ready for fall can be quick and simple. The important aspect of getting ready for fall is to ensure that your home is fall and winter read, and that all the appropriate maintenance has been performed to keep your home in top shape before the snow begins to fall. There are a few major things to remember when it comes to winter. The wind blows harder during the winter than it does at
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Reverse Mortgages: What to consider when considering a reverse mortgage

Reverse Mortgages What to consider when considering a reverse mortgage  A trend on the rise in home ownership as of late is the concept of reverse mortgages. This financial strategy is getting more and more common, as homeowners begin to use the equity of their home as a loan. But what exactly is a reverse mortgage, and how does it work? Let’s examine the concept of a reverse mortgage, and the benefits and downfalls that are included in its’ use. What is a reverse mortgage? A reverse mortgage is a loan that allows you to receive money from your home
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Buying a Home: What The Extras Cost

Contracts and rentals to consider in home ownership When it comes to buying a home, there are always additional fees to be considering when you make an offer. Typically, a first-time home buyer needs to be aware of the costs associated with buying a home – legal fees, mortgage rates, home insurance, closing costs, property taxes, land transfer fees…But what about those little extras not everyone considers? The contracts and rentals associated with the home such as furnaces, hot water tanks, and in some locations even your septic tanks – and what that could cost you. The main point is
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Buying a Home: What The Extras Cost

Contracts and rentals to consider in home ownership When it comes to buying a home, there are always additional fees to be considering when you make an offer. Typically, a first-time home buyer needs to be aware of the costs associated with buying a home – legal fees, mortgage rates, home insurance, closing costs, property taxes, land transfer fees…But what about those little extras not everyone considers? The contracts and rentals associated with the home such as furnaces, hot water tanks, and in some locations even your septic tanks – and what that could cost you. The main point is
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3 Tips For Making A Major Homeowners Insurance Claim

3 Tips For Making A Major Homeowners Insurance Claim Home insurance is one of the costs that come with home ownership. You pay your premiums to your insurance company and when disaster strikes, you expect that they will pay for most, if not all of the bill.  But will they? Here are 3 tips to help you get the most out of your homeowner’s insurance claim.   Know your limits, deductibles and what your coverage includes. Depending on your policy, your insurance company may or may not cover things like water damage. By reviewing your policy, you’ll know how much you
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Understanding Property Taxes

Property taxes are a necessary, though disliked part of owning property in Ontario. Anyone in Ontario who owns land or a property has to pay a certain amount of tax to the municipal government. Although these taxes are unpopular, as all taxes are, property taxes are important because they are the main revenue source for Ontario’s municipalities. Property taxes are separate from other forms of taxes, and the amount that each person owes is based on a unique assessment for their particular property and the tax rate of the municipality the property is in.   How property taxes are determined
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Landlords and Legalization: What budding weed laws may mean for Landlord

Landlords and Legalization: What budding weed laws may mean for Landlords With the legalization of marijuana on the horizon, property owners of rental units are wondering what that will mean for them. As all the rules and regulations surrounding cannabis use have yet to be ironed out, it’s only natural that landlords are beginning express concern, or in some cases excitement surrounding the opportunities legalization will present. The legalization of medical cannabis passed in 2001, but as Canada moves forward to legalize the use of cannabis across the country, there are many different views surrounding the changes. With multiple angles to
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Landlords and Legalization: What budding weed laws may mean for Landlords

Landlords and Legalization: What budding weed laws may mean for Landlords With the legalization of marijuana on the horizon, property owners of rental units are wondering what that will mean for them. As all the rules and regulations surrounding cannabis use have yet to be ironed out, it’s only natural that landlords are beginning express concern, or in some cases excitement surrounding the opportunities legalization will present. The legalization of medical cannabis passed in 2001, but as Canada moves forward to legalize the use of cannabis across the country, there are many different views surrounding the changes. With multiple angles to
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Selling in the Summer

Selling your home in summer? It can be grueling to prepare a house for sale in the summer heat but many experts believe that summer is one of the best times to sell a house. Why?… People are out and about! Summer holidays mean that people have more time to devote …read more Source:: Team Realty News Feed This article was first published on https://www.teamrealty.ca.
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