With the recent and rapid rise in value of the Canadian dollar over the past three months there has been a lot of questions among those of us who have a current interest in real estate. Having risen 10 cents from May to its current value of 80 cents on the US dollar the upswing in the loonie has many potential home and property owners excited. Many have taken the rising Canadian dollar as a sign of a bustling economy and a good omen for the real estate market. This is only a logical conclusion
The Intricacies of Investment Properties There is a fairly significant learning curve to be tackled for the first-time real estate investor, and that curve includes a good number of contingencies and nuanced regulations that any committed investor will do well to educate themselves on. From the beginning, there are some notable differences between the way a property purchase is done when it’s for someone’s primary residence compared to when the property is acquired as an investment.
You love your home. How could you not after all the hard work you put into become a homeowner? Now, it's time to show your home some of that love by protecting it from the rough winter ahead! Here's a list of a few outdoor maintenance tasks the Canada Mortgage and Housing Corporation (CMHC) recommends you complete to do so: Start by winterizing your property. This means doing things like: Packing away and covering outdoor furniture Draining and covering your outdoor pool