Archives for Ottawa Buyers

CMHC wants to make it easier for self-employed Canadians to get a mortgage

Are you self-employed and looking to buy a home? The CMHC is giving lenders more guidance and flexibility on determining whether a self-employed person qualifies for a mortgage. They are implementing changes in order to make it easier for self-employed individuals to obtain a mortgage, as these Canadians tend to have a more difficult time qualifying. This is due to incomes varying and being less predictable than those with salaries/are employed by a business. Click here for the full story.  
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Ottawa Market Update

The following are highlights from the Ottawa Real Estate Board’s latest News Release read the full story Members of the Ottawa Real Estate Board sold 2,279 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,294 in May 2017, a decrease of 0.7 per cent. The five-year average for May sales is 2,041. May’s sales included 485 in the condominium property class and 1,794 in the residential property class. “Although our overall inventory stock is down in both the residential and condo market, the number of listings coming onto the market this month is typical spring activity,”
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Skipping Home Inspections a Major Red Flag for New Buyers

When you are planning on purchasing a home, one of the most important things to have done is a home inspection. Many buyers don’t think it’s necessary, or is too expensive. But, having a thorough walk-through of the property will help pin point problems early on and save you money down the road. A home inspection will look beyond the cosmetics of the home and take a serious look at the home’s systems (HVAC, wiring, plumbing) and structural aspects, like the roof. Click here for more information on why you need a Home Inspection.  
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The Benefits of Great Credit

The benefits of great credit are endless, but Buffini compiled a helpful list of points and tips on how to increase your credit rating. Click download for more information. Download
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Looking to Buy? Spring into the Spring with a New home + Neighbourhood.

The promise of warmer weather is upon us, and it’s the perfect time to be looking for a new home. The best way to decide if an area is right for you is to explore it! Whether you’re looking for an area with the best schools, emergency services, within walking distance to museums, or has plenty of parks – Ottawa In My Neighbourhood is a great place to narrow down your search. Click here to explore your next neighbourhood.  
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22 Ways to Subtly Spice Up Your New Space

Just purchased a home or are in the process? Sometimes it can be a challenge to figure out how to make your new home reflect your taste and personality. If you’re looking to make your house showcase you and your lifestyle, try incorporating intriguing, bolder design choices. Click here to see the 22 daring designs you should try in 2018.  
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