Today's Current News, Opinion & Advice

Are Investments in Temporary Rentals a Good Investment?

With the popularity in Airbnb [for discussion purposes, we are using Airbnb, but there are other similar companies that could be substituted in] gaining traction in the market place, many real estate investors have been looking at purchasing residential real estate for the specific purpose of renting the real estate on a short term basis…

The Three Government-Backed Home Loan Programs

In today’s mortgage marketplace there are two basic types of home loans: conventional and government-backed. Conventional loans are those typically underwritten to Fannie Mae and Freddie Mac guidelines while government-backed mortgages carry some level of guarantee to the lender that approved the application. As long as the lender followed proper protocol when underwriting a government-backed…

4 “Big Regrets” to Avoid When Buying a Home

Fear of making The Wrong Decision can be the great immobilizer when it comes to buying real estate. • Fear that this is “the wrong time” to buy has kept many would-be homeowners on the sidelines and unnecessarily out of equity-building markets.• Fear of buying the “wrong real estate” can take many forms: fear of buying…

The Best Black Friday Deals for Home

TVs and iPhones and Xboxes, oh my! Yes, it’s Black Friday time, and that means you’re probably making plans to get some great deals on popular electronics to gift this year. But don’t miss out on the chance to gift yourself, and your home, too. Black Friday is a great time to focus on improving…

2018 NAR Profile Can Help Agents to Find Buyers and Sellers

We have noted that the 2018 National Association of Realtors® Profile of Home Buyers and Sellers contains valuable information for sellers and their agents as to how buyers find the homes that they ultimately buy. The profile also contains valuable and interesting information as to how both buyers and sellers find the agents that they ultimately…

Lifting the HOA Veil

In real estate sales, sellers are required to disclose any material fact that any prudent buyer would want to know before completing a purchase. Property located over a toxic waste dump would be an obvious example of disclosure and the need for it. There are less catastrophic issues, like roof condition or a leaking crawlspace…

Why Get Involved?

Q. I have lived in my community association for a number of years. Unlike the horror stories we occasionally read about regarding bad Boards or illogical enforcement of covenants, our community seems to be working fine. We have a good board of directors and a competent manager. One of our long time board members plans…

Credit Inquiries: Why Lenders Care

FICO scores are calculated using an algorithm originally developed by The FICO Company. This algorithm considers five different characteristics of a credit file. Of course, payment history carries the most weight, contributing 35% to the total, three-digit score. The second most important relates to current account balances and credit limits. Scores need consumers to use…

Making Canadian Suburbs More Age-Friendly

Two-thirds of Canadians live in the suburbs, but the car-dependent neighbourhoods are “no place to grow old,” says Glenn Miller, a senior associate at the Canadian Urban Institute. As the population ages and the life expectancy of Canadians increases, there’s a lot of discussion about where older people are going to live and how to…

The Best Mobile Plans for Real Estate Agents

As a real estate agent, you’re always on the go, and it’s important that your clients can reach you wherever you may be. If your old mobile plan just doesn’t cut it anymore, how can you find the perfect plan for your business? From by-the-gig and unlimited plans, to utilizing WiFi hotspots, we’ll cover all…