RECENT BLOG POSTS
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The Ottawa Real Estate market is off to a great start this spring! While more of a balanced market, home sales are actually up by 7.2% over March of 2008. The price has decreased slightly to $286,888 as an average price (remember, that’s only the average!). When you look at the market just this...
05/07/2009
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Income verification, down payment confirmation, employment verification, MLS listings, purchase and sales agreement, signed mortgage documents, appraisal – these are required before a lender will fund a mortgage. But what do they mean by income confirmation? Income verification is required to pro...
05/07/2009
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Click to here to watch Mark Carney, Governor of the Bank of Canada discuss the economy, interest rates and his view on the outlook for Canada. He was in CBC studio Sunday evening being interviewed by Evan Solomon.
05/07/2009
Citizens & homeowners of Canada are familiar with problems associated with asbestos. Highly touted for its fire, heat and versatile qualities, asbestos was used in construction applications throughout the 20th century. Health hazards related to asbestos have affected millions worldwide. If you a...
04/16/2009
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Thousands of homes are sold each year in the Ottawa area. There’s no shortage of housing options, but with so many choices from Stittsville to Barrhaven, the challenge becomes finding the property which best meets your needs. The housing market is complicated because the stock of homes for sale i...
04/16/2009
As we previously stated there will be help if you are having financial difficulty. CMHC has launched an awareness campaign today to help those that have hit some financial stress in their lives. Be it through loss of job or loss of net worth due to the slumping economy. CMHC has been working with...
04/16/2009
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Inevitably with our current economic recession there has been an increase in personal bankruptcies and an increase in the request for employment insurance. Statscan reported that in January 200 employment insurance benefits was up 22.8% in January from February 2008. They also stated personal ban...
04/16/2009
Buyers are out there, but they’re nervous about making an offer because of the confusion surrounding the real estate market. With all the differing opinions and viewpoints on the economy, it’s a little difficult to know which news is the right news. Saying things are better here than south of the...
04/16/2009
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Have those home reno tax credits got you thinking? The eco-audits are another bonus; you can get up to $10,000 back in rebates for the large items. In addition to those credits, how about the historically low interest rates you can get for a home equity line or refinance to pay for them? It’s a w...
04/16/2009
Quite often we are asked to calculate payments or we are asked why the payment is different from the one I calculated online? Or have you ever wondered why the cost of borrowing rate is higher than the rate you thought you were locked-in at. Well normally there is a simple answer. In Canada, inte...
04/16/2009
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