Glossary

Glossary

REAL ESTATE TERMS AMORTIZATION – The number of years it takes to repay the entire amount of a mortgage. APPRAISAL – An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. APPRECIATION – The increase of a property’s value...
Home Maintenance Schedule

Home Maintenance Schedule

Regular Maintenance is the Key Inspecting your home on a regular basis and following good maintenance practices are the best way to protect your investment in your home. Whether you take care of a few tasks at a time or several all at once, it is important to get into...
Passing Inspection

Passing Inspection

When the potential sale of your home rests on a home inspection, you want to ensure you have done everything possible to make sure your home passes the inspection. Here is a link to Home Inspection Checklist from Canada Mortgage and Housing Corporation (CMHC) that...
Pre Listing Home Inspection

Pre Listing Home Inspection

A pre-listing home inspection can detect previously unknown problems or potential upgrades that you may wish to address prior to selling your home.  Being aware of issues in advanced will also allow for disclosure of problems when selling your home, which can result...
Pricing your Home

Pricing your Home

How To Price Your Home The single most important factor to consider when selling a house is the home price tag: how much your house is worth. You don’t want to overprice the house because you will lose the freshness of the home’s appeal after the first two to three...
Buyers

Buyers

FIRST TIME BUYERS Purchasing your first home is an exciting experience.  Your real estate agent will walk you through the process. Things to remember: YOUR CREDIT This information is called your “credit history”. A credit reporting agency provides information about...