house: Home Inheritance
- 01/30/07 06:41 AM
It would seem that inheriting a house, especially one filled with good memories, would be an unqualified blessing. But inheriting the family homestead and deciding what to do with it also can stir up all sorts of emotions, including unpleasant ones. It also can strain family relationships. Before the all-too-common family wars break out in earnest, you'll want to calmly and (at least somewhat) rationally think through your options. If there is more than one heir, you'll also need to discuss the situation with the others, keeping in mind that everyone is likely to have different views on just how to … (2 comments)
house: Nanaimo Real Estate Tip # 14 - How do you know it is time to move?
- 12/23/06 05:59 AM
Does thoughts of moving keep recurring? Change house, neighbourhood, perhaps neighbours? These are some signs that a real estate deal and move is in your horizon. Kids sharing a room? Yard too small? You need a family friendly home that will grow with your family. Maybe you need a smaller home. You find yourself scanning the classifieds, picking up real estate magazines, writing down website addresses. Thinking it is time to make your dream home a priority. The commuting to work is a killer. Your home renovations are never satisfying. This endless cycle of fixing and tweaking tells you your home just … (0 comments)
house: Nanaimo Real Estate Tip # 13 - Finding the Right Home
- 12/20/06 11:46 AM
Find out how much you can afford to pay for your new house and get pre-qualified for a mortgage. Now you're ready to start your search. Sources available to find the right home would include: Word of mouth: By telling everyone you know you're looking for a new house, you just might hear about a home that may be ready to enter the market. Newspapers / real estate magazines: Check the new home section of your newspaper or look for real estate magazines available at newsstands, convenience stores and other outlets. These free publications feature pictures and a brief description of a variety … (0 comments)
house: Nanaimo Real estate Tip # 11 - The Cost of Home Ownership (Part 1 of 2)
- 12/18/06 04:08 AM
There are various costs associated with the purchase of your new home whether it be in Nanaimo or elswhere. After you've arrived at the price range of the home for sale that you can afford and the home's mortgage you've qualified for, remember to add on the up front costs. Mortgage Loan Insurance Application Fee / Premium: If you have a high ratio mortgage (less than a 25% down payment) you may require mortgage loan insurance. To obtain this insurance you may be asked to pay an application fee which may be: a) added to your mortgage or, b) paid in full upon … (2 comments)
house: Nanaimo Real Estate tip # 9 - kitchen is the hub
- 11/22/06 08:03 AM
Ever wonder why "kitchen parties" naturally occur in your home every time you have a get-together? Well, it is because the kitchen is the hub of every home. It is where we get nourishment and refreshment, gather and regroup after a busy day. It is a room with real value for every family. We have learned that kitchen upgrades can really deliver, with a 44% higher return on investment than the average return on other popular renos for your real estate investment. … (1 comments)
house: Nanaimo Real Estate tip # 8 - no money down
- 11/22/06 03:11 AM
Whether you're buying real estate in Nanaimo or elsewhere in Canada, you can now apply for a 40 year mortgage with no money down. When you spot the for sale sign on that perfect house, imagine the feeling of comfort knowing you've been pre-qualified for the mortgage. Your realtor can include the homes in the price range you can afford and you will have saved yourself some big disappointments by eliminating houses out of your "snack bracket". … (0 comments)
Nothing beats the feeling of curling up around a fire on a cold winter's night in your home. Not to mention the comforting feeling of hearth and home that a fireplace adds to a room. Installing or upgrading the fireplace in your home will generate 11% greater return on investment than the average return on other popular property renos. … (1 comments)
house: House Numbering in Nanaimo on Vancouver Island
- 11/17/06 05:00 AM
Many people do not recognize the importance of house numbers and as a result, many homes in Nanaimo are not identified with visible or legible house address numbers. In most cases, this is not an intentional decision, but rather a lack of understanding of the potential consequence of not installing them or allowing vegetation to reduce their visibility. Unfortunately, the inability to quickly identify an address from the street may cause delays in responding to a home during an emergency. Nanaimo city bylaws establish the following minimum standard for house numbering: House numbers must be placed in figures not less than 3" … (0 comments)
It would seem that inheriting a house, especially one filled with good memories, would be an unqualified blessing. But inheriting the family homestead and deciding what to do with it also can stir up all sorts of emotions, including unpleasant ones. It also can strain family relationships. ;)
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