Real Estate Blog

Which Upgrade Renovations Yield the Best Returns?Most homeowners want to upgrade their bathrooms. Homeowners may use a contractor or decide to do a do-it-yourself (DYI) project. Whether it's because their fixtures are outdated or because they're just tired of staring at the same old paint job, the improvements are usually made with the residents in mind rather than the future buyers. But if homeowners can please both themselves and the next people who live in their home, it's definitely the cherry on top of the sundae. Homeowners who want to make strategic moves should keep the following tips in mind.

Think Small

Smaller bathroom renovations tend to have the highest returns. This is because a return on investment (ROI) for a bathroom is going to be highly dependent on the area in which a

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What You Need to Know About Real Estate Investment TypesInvesting in real estate is often touted as one of the smartest ways to make money. Unlike start-ups that come and go, people will always need new places to live, work, and pursue their passions. But taking the first step in Springfield Spall real estate can be intimidating, especially for those who aren't sure which type of investment is right for them. To make the transition easier, keep these facts in mind.

For informational purposes only. Always consult with a certified tax expert, financial advisor or real estate professional before proceeding with any real estate transaction.

Renting the Property

Canadians have options when it comes to renting their property. Some choose to rent homes, duplexes, or apartment units to families,

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5 Home Architectural Styles in CanadaCanada has embraced a number of different architectural styles throughout the years. The sheer number of choices provides buyers the opportunity to express their personality and practicality through their choice of homes. Homeowners starting their home buying journey can use this guide to get a better idea of what they'll find and how they can evaluate which style is right for them and their families.

The Quaint Cottage

Home buyers with not many occupants can benefit from the smaller cottages in their area. Fewer rooms in a cottage translate to less home maintenance and cleaning. Cottages in Canada typically come complete with a front porch and an attic, so residents can still get the storage and outdoor space they need to enjoy the home.

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How Do I Start an Alberta Short Sale?Short sales in Alberta are typically undertaken by homeowners looking to prevent their home from going into foreclosure. However, not everyone understands how they work or what they ultimately mean for the sellers of the property. From credit scores to final sale price, find out more about how Alberta short sales operate for the lenders, buyers, and sellers.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

Striking a Deal with the Lender

When a home is getting ready to go into foreclosure, it's the lender's job to take back the property and sell it. The lender is in the business of finance—not in the business of real estate. The last thing they want to do is hire a

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Winterize your home and prevent costly repairs later. Here our some simple tips to save you money.There are some terrific reasons to make sure a home is ready for colder weather. Comfort is one. Energy savings is another. Perhaps the most important reason, however, is ensuring this major investment is properly protected from the elements.

Winter weather can bring frigid temperatures, ice, high winds, rain, snow, and flooding. It can damage roofs and foundations. It can freeze and break water pipes and eventually lead to rotting wood and mold. These can be costly to remediate, so it is best to protect homes from damage by taking appropriate winterization steps.

Clear Gutters and Drainpipes

One major area of concern is in making sure gutters and downspouts are free from debris to allow for proper draining. If leaves, dirt, and twigs

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What to Expect from the Foreclosure ProcessMany people through changing circumstances cannot keep up with their home mortgage payments. Missing mortgage payments or not maintaining the insurance or paying the taxes on a property can lead to the lender starting the foreclosure process. Know what to expect and the options available when it comes to the beginning of the foreclosure process.

For informational purposes only. Always consult with an attorney before proceeding with any real estate transaction, including a home foreclosure.

What Is Foreclosure?

Foreclosure is a legal process through which the lender or mortgagee takes ownership of and may sell a property when the mortgage had been defaulted on. Upon purchasing a home and taking out a mortgage, the borrower has agreed to

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Replacing Your Siding? Check Out These 4 Must-See OptionsHomes have many different parts; the roof, appliances, walls and siding. And in today's homes, home technology is also playing a larger role. However, one important part of a home is its siding.

Though the roof and other parts of a home are important, a homes siding is as well. So no matter how well a home is built or how durable the materials, parts will need to be replaced eventually, and a home’s siding is no exception. When a home’s siding begins to break down, it can allow a lot of damage to be done to the home’s structure by weather and insects, so it’s important for homeowners to make sure that it’s ready to stand up to the elements to protect the home. When it comes time to replace the siding, there’s quite a few different materials that

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What You Should Know About Millennial Home Buying MythsMillennials have received a lot of press for any number of reasons. However, their real estate activity (or lack thereof) has led to a lot of misconceptions about what this young generation is looking for. This is a shame because it leads to stereotyping that doesn't always line up with the truth. It's time to separate fiction from fact when it comes to millennial home buying myths.

Millennials Don't Want to Own

It's true that, overall, millennials are renting property in staggering numbers in North America. However, it may not be for the reasons people think. It's not that millennials are against owning their own property. In fact, most would like to have a new Rutland South home in their name so they can watch their investment mature.

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How to Survive a Bidding WarBuying a home in a high-demand neighbourhood requires a calculated approach. Buyers who are organized and ready to meet sellers' needs are more likely to win a bidding war. It is also vital to keep calm and realize that home buying is short, but homeownership is long-term. People should not get swept up in the game, just because they want to win. Competition is sometimes unavoidable, but extra preparation and a quick decision could make all the difference.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Organize Financing

Although almost anyone can make a purchase offer, the guarantee of funding can set buyers apart from their competitors. People

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What You Should Know About New Home Building TechnologyMost homeowners know that home building and home tech has definitely made some advancements in the past few years. From robots to 3D technology, developers and construction foreman now have plenty of options if they're looking to upgrade their process. And while this progression may not be happening as quickly as burgeoning technology companies would prefer, the trends are already pointing to some rather notable achievements.

Virtual/Augmented Reality

Before a construction crew even gets started on a site, they first need to be informed of the specific hazards they'll face when working on the property. This isn't always easy to do—especially if the foreman hasn't first correctly identified all of the risks. That's why virtual or augmented

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