June 2022

It’s Time for a Summer House Detox!

Summer is here, and doesn’t it feel great? It’s time to bring that summer freshness inside and give your home a summer detox! Here are a few of my favourite things to do in the summer to get my home feeling clean and fresh for the rest of the season. - Buy plants as natural detoxifiers for cleaner air. Snake plants and spider plants are great for this and they really freshen up the look of a space. -...

What If the House Doesn’t Appraise?

As a buyer, having a house appraise for less than you offered can feel like the end of the world. The deal can’t go through as is, so what are you supposed to do now? First, don’t stress out. Tons of buyers (and sellers) go through this every day, so you’re not alone. Remember that appraisals are an art, not an exact science. That means that there aren’t any set adjustments that appraisers make....

Is It Time to Buy or to Wait?

To buy or to wait? That’s what many would-be homebuyers are wondering right now. And if you’re in the same boat, you’re probably trying to figure out if it’s better to wait to buy a home or if now is the best time to jump into the market. Short answer: if you’re in a position to buy a home, now is a good time to buy. Why? Well, right now, the average rent for a 2-bedroom apartment is $2,300 per...

Selling a House in a Divorce? Here’s What You Need to Know

Going through a divorce and selling a home at the same time can be overwhelming, so it's easy to make mistakes. Here are 6 of the most common mistakes I see. Mistake 1: Failing to preserve the capital gains tax break. When you sell a house, you won’t be taxed on the first $250,000 of gain. Talk with an experienced real estate agent to make sure you can claim this as it will save you a ton of...

What Will My Net Proceeds Be?

For most sellers, this is the big question when it comes to selling their house. How much money are they actually going to walk away with once the house is sold and the deal is closed? The money you get after the sale is called your net proceeds. That’s the profit from the home once you take out all the closing costs and other associated fees. Luckily, it’s pretty easy for sellers to estimate what...

What’s Going on with the Housing Market?

Have you heard that interest rates are rising? Recently, the federal reserve raised interest rates to help curb inflation. Experts are now projecting that standard interest rates will range from 3.5% to 4.5% in 2022. For many buyers, this news can feel incredibly discouraging. Home prices are already high, but now you have to pay higher interest rates on top of it, right? Not so fast. Our interest rates...

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