To avoid flooding at home, here are some practical tips: Maintenance of gutters and downspouts: Make sure they are clean and in good condition to allow rainwater to flow properly away from the house. Drainage system: Install an adequate drainage system to carry rainwater away from the house, such as French drains or lift pumps. Foundation Waterproofing: Make sure your home's foundation is...
Do thorough research: Before buying or renting, find out about the neighborhoods that interest you. Prices, safety, schools, amenities and the potential for real estate value growth are key factors to consider. Consult a local expert: A local real estate agent can provide you with valuable market information, help you find properties that meet your criteria, and guide you through the buying or...
Investing in rental real estate in Montreal has several advantages and disadvantages: Benefits : Passive income potential: You can generate regular income by renting out your property. Appreciation in value: Over time, the value of your property could increase, which could allow you to make a profit when you resell it. Portfolio diversification: Real estate can be a good way to...
Comparative Market Research (CMR): View recent sales prices of similar properties (in terms of size, location, quality, etc.) in your neighborhood or region. This will give you an idea of current market prices. Have your property inspected: Hire a home inspector to assess the overall condition of your property. This will help you identify potential issues that could affect the sale price....
Are you ready to sell your house, but wondering when is the best time to do so? In this article, we will address this crucial question based on our experience in the Canadian real estate market. We're going to share with you the best times to sell your home and the benefits that come with them. Why is choosing the right time important? Timing is crucial in many aspects of life, and this is...
Learning that you are in a multiple offer situation can be discouraging. But it's not dramatic, particularly if you have reviewed all the possible strategies in advance. 1) Obtain pre-mortgage authorization A pre-authorization letter will reassure the seller of your financial capacity to purchase. You're wasting your time if you don't have one. 2) Budget The pre-authorization letter helps...
Before you start buying a house, it is crucial to carefully prepare your negotiation strategy. Here are the essential steps to follow to successfully negotiate the purchase of your future home: Learn about the local real estate market: Find out the prices of comparable homes in the neighborhood you are interested in. This knowledge will help you negotiate the price effectively. Maintain...
Growth potential of the real estate market: Montreal has experienced economic and demographic growth in recent years, which can contribute to the demand and valuation of real estate. Cultural diversity and attractions: Montreal is a dynamic city with cultural richness and numerous attractions. Being a homeowner can give you easier access to these aspects of urban living. Infrastructure...
Keep the place clean : An empty place is much easier to clean than a cluttered one. Take advantage of your unoccupied house to do a deep clean and clean all rooms thoroughly. If your property remains on the market for some time, you will certainly need to come back several times to prevent dust buildup. A clean house will be more attractive to buyers. Maintain the exterior : Like the interior,...
Define your needs and priorities: Identify your essential housing needs, such as size, number of bedrooms, location, amenities, etc. Create a list of priorities to guide your search. Set a realistic budget: Evaluate your financial capacity by taking into account the cost of purchasing the house, notary fees, taxes and possible work. Allow room for maneuver for unforeseen circumstances. Do...