Real Estate Blog

Understanding the Canadian Foreclosure ProcessWhen Sunset Ridge homeowners find themselves unable to make their monthly mortgage payments, they may have to begin the foreclosure process. Foreclosure is a process existing in both the United States and Canada, and ultimately results in a person losing possession of their home. There are different rules for foreclosure in Canada, so it's important for Canadian homeowners to understand how the foreclosure process works in the country.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

How Does the Foreclosure Process Work in Canada?

The term foreclosure refers to the legal process a lender can begin if a borrower, or homeowner, fails to make monthly

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Best Bathroom Renovations for ROIBathrooms give Riverview homeowners a chance to show off their creativity, design skills, and showmanship. But before homeowners get caught up in the fantasy of a sunken tub and rain showers, it helps to consider which renovations will do the most for the eventual resale of the home. Most homeowners aren't necessarily looking for the most expensive materials, so redecorating may not be as expensive as homeowners think. We'll give you a few tips to maximize investment and make every dollar count.

Noticeable Changes

There is a sizable range when it comes to how much an owner can sell their home for, but that range is still limited by the surrounding neighborhood. Doing a little research on the average prices on a block can make it easier to know

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How to Make the Most of a Kitchen RemodelBefore Riversong homeowners start picking out the latest smart refrigerator, it can help to consider the average ROI of each change they make for one of the most important rooms in the home. Along with the bathroom, the kitchen is a way to show off the hardware and gadgets that will ultimately leave the most lasting impressions on future homebuyers. Learn more about what those buyers are looking for before prioritizing any remodeling plans.

Go Small

Minor remodeling jobs tend to have a bigger ROI than larger remodeling jobs. No matter what the market value is of a home, it's somewhat constricted by the surrounding property. In other words, there is a certain amount of leeway when it comes to price range, but that leeway would be difficult to

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What Should Homeowners Know About Home Additions?Home additions can make life a lot easier, but they are often more complicated than they seem. This improvement project tends to cost more than the average, as a result of the extensive components involved. Riversong homeowners may find this a better choice compared to buying a larger home, especially if it allows them to customize the addition. Here are a few things people should know before they start the project.

1. Time and Work Needed

A home addition usually requires a significant amount of time. This might range from several weeks to months, depending on the season and the size of the addition. Homeowners may want to do the project themselves to save money. However, plans of this size may be more complicated and difficult than a homeowner

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5 Important Things to Know About Installing a Deck on Your HomeRiver Heights homeowners with a desire for decking typically have several reasons for considering investing in a new or expanded installation. Regardless of the reasoning, an eye must be turned to the ‘business' aspects of installing a deck such as meeting local building codes, choosing resilient materials, placement and design and much more. Here are five key things to ponder before beginning a decking project.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. Be Aware of Permitting and Building Code Requirements

Depending on the township or province the deck is to be constructed within, there are likely certain requirements and compliancies involved

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Home Improvements to Avoid If You're Going to Sell SoonMany homeowners assume that all home improvements increase their home's value. However, this is not always the case. Some home improvements take away features that home buyers want, and replace them with features that home buyers don't need. This can negatively impact the price of the home when it's time to sell. Being able to identify these improvements can help homeowners avoid remodels, especially unpermitted DIY projects, that can take away from their home's value.

Removal of a Bedroom

Bedrooms add value to homes. When bedrooms are taken away, this often reduces the amount of money that home buyers are willing to pay for the property. Bedrooms can be removed for a variety of reasons. A homeowner might turn a bedroom into a home theater, a

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How Do Real Estate Agents Help Sellers Market Their Homes?Most people understand the concept of marketing, even if they're not experts in the art of the sale. The basic idea is to make a product look as appealing as possible to as many serious Riverview new home buyers as possible. When it comes to marketing a home, the seller needs to know not only who is most likely to want the home, but which features of the home they're actually going to care about. This is where a real estate agent can step in, guiding the process and doing the work that the seller may not have the time or ability to do.

Finding the Price Point

The price point of a home can serve as a powerful anchor for potential buyers. Sellers may think that they should start high (because they always have the option to come down in the future),

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Winterizing Your Home in 4 Easy WaysExtremely cold winter weather can be dangerous. Not only can it hurt people and animals, but it can also cause harm to homes. Before the first snowfalls come, homeowners should winterize their home to prepare and protect it. There are many ways homeowners can winterize their home. Some are complex and time-consuming, and others are quick and easy weekend DIY projects. Here are some of those quick and easy ways to winterize a home that actually work and show results that anyone can see.

1. Protect All Water Pipes

If water remains still in a pipe during extremely cold weather, it can freeze, and when water freezes, it expands. Expanding ice puts pressure on pipes and potentially lead them to bursting. As one can imagine, broken water pipes in the

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New Technology in Residential Construction: Information for Home BuyersNew home construction building has changed a lot over the years. At one time, most homes were made from simple brick and wood, and other traditional materials. Today, many homes are made from modern materials, using new technologies. If you're a home buyer who is thinking about building a home, here's what you need to know about the materials available to residential contractors.

3D Printed Homes

3D printers have been making headlines for years, and now they're becoming so useful that they're actually able to construct entire homes. To do this, 3D printers set layers of concrete in the shape of a house. Using 3D printer technology, home construction is fast and simple.

At this time, most builders talk of using 3D printed homes to construct

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Challenges of Selling a Home FSBOSome may think that doing away with the middle man and taking a chance on selling a home FSBO will pay off for them. However, those who have never sold a home before may be unaware of the amount of work that is involved with marketing and selling a home.

Homeowners already have their hands full in making repairs and getting a home ready to show to potential buyers. Even though a homeowner may not have to pay a commission when selling a home themselves, is it worth the extra time and effort? Understand more about the issues that can arise when selling a home without an agent.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Considerations when Choosing

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