Ottawa is the capital of Canada and makes major contributions to the economy of the country. The thriving economic sector offers a lot of job opportunities in many industries, like technology and tourism. This is the reason why Ottawa has an extremely low unemployment rate (7.2%). The median family income in Ottawa-Gatineau is $73,745, which is considerably higher than the national median ($61,348)....
Are you planning to sell your home? Or do you want to rent out your apartment in Ottawa? In either of these scenarios, your first step should be to determine the value of your property.You must know the worth of your house to convince the buyers for the best price. Isn’t it? Which Factors Affect the Worth of My Home? Several factors affect the value of your house. You have to consider all of them to...
Are you ready to buy your first home? It is one of the biggest financial decisions that you will ever make in your life. Having said that, it’s also among the most difficult ones. Therefore, there is no room for leniency as you are investing a whole lot of money. Following are some of the things that you should NEVER ignore while purchasing your first home. How Much Can You Afford? What’s the maximum...
Buying and selling are two completely opposite sides of a real estate transaction. Irrespective of the side you are on, you can’t refute the benefits of hiring a real estate agent in Ottawa. Some of the advantages of hiring a Realtor® in Ottawa are as follows. Negotiating Skills It is no secret that competition in the housing market is extremely tough these days. In these circumstances, it becomes a...
Taking your first step into the world of real estate investment can feel both thrilling and daunting. As with anything new, there’s a learning curve, but with a littletime and research, you’ll find the results can be very rewarding. Before you buy your first property, here are five things you’ll need to do. Prepare for the down payment and interest rates Financing the purchase of an investment...
7 Tips for Choosing a Real Estate Agent Interview the agent and check their references. Has your agent worked with buyers or sellers with similar needs? Do they have specific insights on your neighborhood? If you’re relocating to a different Province, your agent will be one of the few people who can tell you about the neighborhood you’re looking to move to, and will need to know your lifestyle and...
A lot of people consider it their ultimate dream to buy a home. Given the potential benefits of home-ownership, there is nothing wrong with this desire. In fact, it could give a massive boost to your finances and lifestyle. Some of the reasons why people prefer to buy instead of rent are discussed below. Investment Whether you realize that or not, purchasing a home is an excellent long-term investment....