Where is the market in Ottawa at?
- At June 6, 2014
- By Nancy
- In Infos / Real Estate
The month of May in Ottawa was stronger in real estate sales than April of this year. We expect this to be the case given how the season traditionally unfolds. The real test is, how do we sit in numbers from the same period last year in the re sale market? The numbers revealed today […]
Read More»Deposits on Purchase and Sale Agreement
- At May 20, 2014
- By Nancy
- In Infos / Real Estate
Today I was reading an article about deposits by Mark Weisleder, a well known real estate lawyer in Toronto. He has always had some interesting points. I have often told my clients that submitting an offer to a Seller is like playing bridge. You are trying to communicate non verbally as much as possible about […]
Read More»What front doors say about us
- At May 8, 2014
- By Nancy
- In Infos
Front doors make a statement don’t they? As Matthew Hague mentions in his piece in the Globe and Mail (May 8th 2014) they are a “sly signifier of luxury” and they can actually alter the presentation of your home from the curb, significantly. The larger and heavier the door the bolder the statement and as […]
Read More»Spring 2014
- At April 23, 2014
- By Nancy
- In Infos / Real Estate
The Easter holiday is over as is Passover and it feels like the log jam in the upper end of Ottawa real estate has broken. I believe that Spring has finally sprung! This week I have begun to see that high end homes are finally beginning to sell. This is good news and would seem […]
Read More»Sliding interest rates just in time for Spring Buyers
- At March 27, 2014
- By Nancy
- In Economy / Infos
You may recall last year that former finance minister Jim Flaherty quickly intervened when one of the major chartered banks dropped their mortgage rates below 3%. It was an unusual step but not all that surprising when reports over many months from then Bank of Canada Governor, Mark Carney were indicating that Canadian’s were carrying […]
Read More»Thinking of buying Real Estate? Some considerations…
- At March 26, 2014
- By Nancy
- In Infos / Real Estate
Most buyers when investing in real estate will be seeking financing. There are lots of options when considering mortgage financing. When you are considering buying real estate, having unbiased professionals at your side is a good route to take. I believe there is a strong benefit in using professionals and it should begin with your […]
Read More»Mortgage Financing and The Self Employed
- At March 24, 2014
- By Nancy
- In Economy / Infos
Mortgage Financing has become more and more complicated over the last 2 years after new rules were introduced by the nation’s bank regulator in the summer of 2012. According the Marjo Johne in today’s article on mortgages in the Globe and Mail, Guideline B-20 was introduced into the system as part of a more rigorous […]
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