Prepare for a Renovation

Here are a few important steps that everyone should consider when preparing for a home renovation: Set a realistic budget. Determine what you would like to have done, and then decide how much you can afford to spend. Be sure to build in a buffer for ‘contingencies’. Expect some emotional, as well as physical upheaval, …

Posted in Home Renovation

Clutter or Comfort?

Earlier today, I was reading an interesting post on decluttering by Gloria Hildebrandt, a friend who edits and publishes the wonderful Escarpment Views magazine. You can find her full post at http://www.escarpmentviews.ca/index.php/2011/01/02/200-tips-for-de-cluttering-by-daniela-santos-quartino/. I have advocated decluttering as an important first step in preparing a home for sale, as well as in making it pleasantly livable. Like …

Posted in Buying and Selling, Living

Understanding The Language of Mortgages

Here are the meaning of some common terms used when talking about mortgages… Conventional Mortgage – a mortgage with a down payment of 20% or more of the value of the property Conventional High Ratio – a mortgage where the down payment is less than 20%of the value of the property Amortization – the period …

Posted in Home Finance

Three Ways to Make the Most of Your Air Conditioning and Reduce Costs

Boost your Air Conditioner’s Efficiency Not only can landscaping shade your entire home from the sun to help keep it cool, it can also boost the efficiency of your air conditioning unit. Plant a few inexpensive shrubs such as Boxwoods to shield the air conditioning unit, boost efficiency and best of all, save you money. …

Posted in Living

INTEREST RATES UPWARD CLIMB

The Bank of Canada has begun to tighten their monetary policy with a 25 basis point hike, increasing the overnight target rate to 0.50%. This move was expected due to the strong Q1/2010 GDP performance. The text of the announcement highlighted Canada’s strong performance, noting the robust first quarter growth and employment growth resumption. It …

Posted in Home Finance

Green Upgrades – Grants Available!

Take advantage of the Ontario Home Energy Savings Program and the federal ecoEnergy Retrofit program. Homeowners can receive up to a combined maximum of $10,000 in grant money. Only homes that have had a residential energy efficiency audit performed by a certified energy advisor will be eligible for these grants. Here’s what you need to …

Posted in Home Renovation, Rebates