August 2019

Found 4 blog entries for August 2019.

If you're thinking about buying a new home, you may be considering purchasing in a new development.

How does that compare to purchasing a resale property?

Buying a newly-built home has some advantages. Depending on the development, you may have leeway in the style of the home, finishes and the lot you choose. Also, when the home is built, you'll be moving into a place where everything is brand new!

On the downside, however, you may be forced to make a decision based purely on marketing brochures and floor plans. Unless there's a model home just like the one you want, you'll be buying sight unseen. Also, there may be unpredictable construction delays - an unpleasant experience if you've already sold your current property. 

Of course, buying a

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It can be tough to make the decision to sell. In fact, for many homeowners, it's overwhelming. If you're considering making a move and struggling with the decision, here are five helpful questions to ask yourselves:

1. "What are our practical reasons for selling?"

This question refers to what you'll get by moving to a new home. The reasons could include a bigger backyard, shorter commute to work, an extra bedroom, a more desirable neighbourhood, etc.

2. "What are our emotional reasons for selling?"

This question refers to how you'll feel about living in a new home. For example, you might feel safer, less cramped, less worried (because the local schools are better), or happier (because the shorter commute means more time with your family.)

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Imagine your coffee maker switching on by itself, staying on for hours, overheating and becoming a fire hazard. That's not science fiction. As more and more appliances incorporate WIFI, the opportunities for hackers to play havoc with your home gadgets increase.

How do you prevent that from happening? Here are some safety tips:

  • If your gadget uses a password to access the settings, change that password frequently. Ideally, change it once every 3 months. 
  • Some gadgets, such as alarm systems, come with their own connection to the internet. Learn how to turn that connection off if it becomes necessary to do so. 
  • Don't leave an internet-connected appliance or other gadget on constantly unless it's necessary. For example, you don't need your
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When you sell, you'll probably want to get the best possible price for your property. Who wouldn't? Unfortunately, there are many ways to inadvertently leave money on the table - sometimes thousands of dollars. 

How do you avoid that possibility? Just remember the 4 Ps:

  1. Prep. Do everything you can to prepare your home so that it looks great to buyers. Clean, declutter, fix, make improvements. Home staging can also help. In fact, effectively staged homes have been shown to sell for up to 5% more than comparable unstaged properties. 
  2. Price. Set the right asking price. That's crucial. If it's too low, you'll attract only deal-hunters - and you might end up getting less than you should. If the asking price is too high, however, you'll discourage
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