Wednesday, December 8, 2010

Looking for something to do this weekend?

Kitchener's Celebration on Ice

Saturday, December 11, 2010 10am – 2pm
Location: Kitchener City Hall, Civic Square
200 King Street, West
Kitchener, ON

This event is FREE and fun for the whole family!

Skating demonstrations, mini-hockey games, children's entertainment, special guest appearances by Dan the Music Man, the Kitchener Rangers, K-W Glee and Alisha Nauth FREE draws!



Click here for more information!!


Phone number: 519-741-3400 x3579

Friday, November 26, 2010

Help out During the Holidays



With the Christmas Season fast approaching, what better way to give back to the community than to volunteer your time, your resources or your talents.

There are many organizations that provide valuable services to our community right here in Kitchener-Waterloo who need your help this season and beyond.

The Volunteer Action Centre can help match you with a volunteer placement for a few hours, few days, months, or whatever you are able to commit to.

Go to www.volunteerkw.ca and click on "Volunteer Now" and then "Search by Areas of Interest" where you are sure to find a placement that meets your interest and time needs.

Chat Soon!

Sharon
xoxo

Wednesday, October 6, 2010

The REALTOR® Commitment*

So what does a REALTOR® bring to the table?

You’re trusting a REALTOR® with your most valuable possession, your home. REALTORS® take this responsibility very seriously. Here’s what we promise you:

1.Your REALTOR® is highly trained
REALTOR® training is so rigorous that a large portion of our candidates fail the pre-registration Courses. Those who do pass must master a long, diverse list of subjects ranging from housing construction to family law.


2.Your REALTOR® is continuously trained
We keep pace with the times. All Licensed REALTORS® must take continuing education courses to make sure their knowledge on subjects like legal issues and technology are up to date.


3.Your REALTOR® does everything by the book
A licensed REALTOR® must be registered under provincial laws that govern exactly how real estate can and cannot be traded. These regulations are your legal guarantee of professional behavior.


4.Your REALTOR® is an ethical businessperson
REALTORS® must adhere to the extensive Code of Ethics of the Canadian Real Estate Association. Several provinces have additional Codes of Ethics governing REALTOR® behaviour. Your interests must always be put first.


5.Your dealings with a REALTOR® are insured
For your peace of mind, provincial regulators sponsor consumer protection programs that may require, for instance, that REALTORS® maintain Errors and Omissions Insurance. Often deposits consumers make in real estate transactions are also insured under these programs.


6.Opportunity for recourse
Should you have concerns about the professional behavior of a REALTOR®, provincial regulators and your local real estate board or association take these matters very seriously and work quickly to resolve any issues.


7.Your REALTOR® works with the powerful Multiple Listing Service
The MLS is the single most powerful tool for buying and selling a home. Your REALTOR® can provide you with exclusive features of the local MLS® system, such as immediate notification when new properties are listed. You don’t have to wait for it to be posted on a web site.


As always, I am committed to being available to my clients. You can reach me through my office at Coldwell Banker, Peter Benninger Realty at 519-742-5800, or direct at 519-574-7144.

Chat Soon!!
Sharon xoxo

*article from www.howrealtorshelp.ca

Friday, September 3, 2010

Thursday, August 26, 2010

Tuesday, August 17, 2010

Kitchener Waterloo Ranks #2 in Canada for Real Estate Investing!



The Real Estate Investment Network is a national organization of investors. You may be interested in an article that was recently written for the Financial Post on The Top 10 Canadian Cities in which to invest. Click here to read all about it!



Chat Soon!!
Sharon
xoxo

Saturday, August 7, 2010

School Finder & Transportation Eligibility







Here is a handy website hosted by both the Separate and Public School Boards. You enter an address and can determine which school your child would attend and whether he or she would be eligible for bus transportation to that school. A great tool for Homebuyers, Click here!!




Chat Soon!!
Sharon
xoxo

Wednesday, July 28, 2010

Buyer Checklist


Click here and feel free to print and use the worksheet while out looking at properties with your Sales Representative, it will help you and him/her to establish trends and likes/dislikes.

Chat Soon,


Sharon Nunes


xoxo


Thursday, July 15, 2010

Noxious Giant Hogweed Plant, in Waterloo Region






















Mark Bauman was walking near the St. Jacobs dam when he spotted a big, "neat looking plant" that would look nice his garden.

So he dug out one and planted it near his house. Only later, when it had to trim back the spreading crop, did he realize it wasn't all that pretty.

"I actually got some burns on my hands," said the Woolwich Township councillor.


Within a day or so, the giant hogweed sap caused dime-sized, brown blisters to well up on his hands as he worked out in the sun. "It looked like a second-degree burn."


There was pain, but it wasn't overwhelming, he said. Eventually, they cleared up without leaving scars.

"I didn't know what it was. That's when I started looking at what it was and found out."

Giant hogweed was transplanted from China to England, for use in ornamental gardens. It's smothered Britain, spread across Europe and is now in the U.S. and southern Ontario.

Bauman didn't initially find widespread concern about the plant. That changed about five years ago, as people started raising alarms as more started turning up in the area. The more Bauman talked about it, the more people mentioned they've seen it around for years here and there.

Giant hogweed develops pods containing upwards of 10,000 seeds. The plant likes wet soil along waterways, where it drops pods into the water to spread seeds downstream.


"The Grand River doesn't know boundaries. It's going to follow the watercourses," Bauman said.


Bauman pressed Woolwich and Waterloo Region councils to act on the growing nuisance that spoils crops, sickens livestock and in extreme cases, disfigures and blinds humans.


Last year, regional council added giant hogweed to the local list of "noxious weeds." That means weed inspectors can order land owners to destroy it on sight. If they don't, eradication crews can be ordered in and the cost added to the landowners taxes.


Upwards of 1,500 plants were destroyed near the St. Jacobs dam three years ago, said Larry Martin, the region's weed inspector.


He's already had dozens of calls about hogweed this year, and expects many more before frost hits.

"It's just seems to be cropping up all over the place," he said.

Some calls are about sightings of a look-alike Angelica, which has smaller white flowers. But it doesn't tower four to five metres like giant hogweed.

Grand River Conservation Authority crews are fighting hogweed across the watershed, from Belwood to land near Guelph Lake to a plant found this year along a trail in Cambridge's Shade's Mills Conservation area.

Kitchener firefighters were told this month to be wary of the plant along rural watercourses in the city.

City of Waterloo crews have discovered the plant in Kaufman flats near the Grand River, Bechtel Park and Rolling Hills Park in the Lakeshore part of town.

"It's not in epidemic proportions, but it's creeping into the area," said Len Fay, Waterloo's manager of forestry and horticulture.

Since Waterloo is a "pesticide free community," city crews have to "go in and cut it out," he said.



What to watch out for:


Plant can grow up to five metres tall with an umbrella of white flowers nearly a metre across. The hollow stems can be up to 10 cm in diameter, with white hairs and red-purple colouring. The leaves can spread nearly two metres across

Avoid the clear sap, which causes skin to become sensitive to sunlight, causing nasty chemical burns

If exposed to the sap, avoid sunlight, don't touch your eyes and wash thoroughly with soap and water

Get medical help if blisters form

Contact with eyes can cause temporary or permanent blindness

Sap can also produce painless red blotches that later develop into purplish or brownish scars that may persist for years

Seeds can lie dormant up to seven years, so expect years of work to eradicate the plants from an area

Wear eye protection, gloves and rubberized overalls if you try to cut it or spray herbicides; calling a contractor is safer

Don't use power tools to cut it or burn the plants; sap will spread in the air

Give hogweed a wide berth and report it to your township or city hall if you find it.







Info: www ontarioweeds.com or region weed inspector 519-575-4016.



This article courtesy: The KW Record

Saturday, July 10, 2010

565 Greenfield Kitchener Unit #712

$139,900

Welcome to this open bright and clean centrally located condo in Kitchener!

OPEN HOUSE ~ 2-4 pm Sunday July 11th, 2010



For more photos and information on this property, go to http://www.realtor.ca/ and enter the MLS# 1031146

Chat Soon!!

Sharon
xoxo

Wednesday, June 30, 2010

10 Mistakes a first Time Homebuyer could make


Are you gearing up to buy your first place? If so, arm yourself with these tips to get the most out of your purchase and avoid making 10 of the most costly mistakes that could put a hold on that sold sign.

1. Going House Shopping Without Knowing What You Can Afford
What the bank says you can afford and what you know you can afford or are comfortable with paying are not necessarily the same. If you don't already have a budget, make a list of all your monthly expenses (excluding rent), including vehicle costs, student loan payments, credit card payments, groceries, health insurance, retirement savings and so on. Don't forget major expenses that only occur once a year, like any insurance premiums you pay annually or annual vacations. Subtract this total from your take-home pay and you'll know how much you can spend on your new home each month.

If you end up looking at homes that are outside your price range, you'll end up lusting after something you can't afford, which can put you in the dangerous position of trying to stretch beyond your means financially or cause you to feel unsatisfied with what you actually can afford. You may even learn that you can't afford the type or size of home that you desire and that you need to work on reducing your monthly expenses and/or increasing your income before you even start looking.

2. Going House Shopping Without a Mortgage Qualification
What you think you can afford and what the bank is willing to lend you may not match up, especially if you have poor credit or unstable income, so make sure to get pre-approved for a loan before placing an offer on a home. If you don't, you'll be wasting the seller's time, the seller's agent's time, and your agent's time if you sign a contract and then discover later that the bank won't lend you what you need, or that it's only willing to give you a mortgage that you find unacceptable.

Be aware that even if you have been pre-approved for a mortgage, your loan can fall through at the last minute if you do something to alter your credit score, like finance a car purchase. If you cause the deal to fall through, you may have to forfeit the several thousand dollars that you put up when you went under contract.

3.
Forgetting to Include Taxes, Fees, Maintenance, Closing Costs and Insurance
Once you're a homeowner, you'll have additional expenses on top of your monthly payment. Unlike when you were a renter, you'll be responsible for paying property taxes, insuring your home against disasters and making any repairs the house needs (which will occasionally include expensive items like a new roof or a new furnace).

If you're interested in purchasing a condo, you'll have to pay maintenance costs monthly regardless of whether anything needs fixing because you'll be part of a homeowner's association, which collects a couple hundred dollars a month from the owners of each unit in the building in the form of condominium fees.

So, if you know you can afford to spend $1,500 a month on your home, subtract from that $1,500 whatever property taxes are on your home divided by 12, your annual home insurance premium divided by 12 and a couple hundred dollars for maintenance. Now you know how much of a monthly mortgage payment you can really afford. Make sure to actually set aside the extra money so you'll have it when those other expenses come up.

4. Being Too Picky
Go ahead and put everything you can think of on your home-buying wish list, but don't be so inflexible that you end up continuing to rent for significantly longer than you really want to. First-time homebuyers often have to compromise on something because their funds are limited. You may have to live on a busy street, accept outdated decor, make some repairs to the home, or forgo that extra bedroom. Of course, you can always choose to continue renting until you can afford everything on your list - you'll just have to decide how important it is for you to become a homeowner now rather than in a couple of years.

5. Rejecting a Great Place Because of Lack of Vision
Even if you can't afford to replace the hideous wallpaper in the bathroom now, it might be worth it to live with the ugliness for a while in exchange for getting into a house you can afford. If the home otherwise meets your needs in terms of the big things that are difficult to change, such as location and size, don't let physical imperfections turn you away. Besides, doing home upgrades yourself, even when you have to hire a contractor, is often cheaper than paying the increased home value to a seller who has already done the work for you.

6. Being Swept Away by Staging and/or Minor Upgrades
These inexpensive tricks are a seller's dream for playing on your emotions and eliciting a much higher price tag. Sellers may pay $2,000 for minimal upgrades or staging that you'll end up paying $40,000 for. If you're on a budget, look for homes whose full potential has yet to be realized. Also, first-time home buyers should always look for a house they can add value to, as this ensures a bump in equity to help you up the property ladder.

7. Compromising on the Important Things
Don't get a two-bedroom home when you know you're planning to have kids and will want three bedrooms. By the same token, don't buy a condo just because it's cheaper when one of the main reasons you're over apartment life is because you hate sharing walls with neighbors. It's true that you'll probably have to make some compromises to be able to afford your first home, but don't make a compromise that will be a major strain.

8. Getting Your Heart Set on a Home Before It's Been Inspected
It's tempting to think that you're a homeowner the moment you sign the papers, but not so fast - before you close on the sale, you need to know what kind of shape the house is in. You don't want to get stuck with a money pit or with the headache of performing a lot of unexpected repairs. Keeping your feelings in check until you have a full picture of the house's physical condition and the soundness of your potential investment will help you avoid making a serious financial mistake.

9. Not Choosing to Hire an Agent or Using the Seller's Agent
Once you're seriously shopping for a home, don't walk into an open house without having an agent (or at least being prepared to throw out a name of someone you're supposedly working with). Agents are held to the ethical rule that they must act in both the seller and the buyer parties' best interests, but you can see how that might not work in your best interest if you start dealing with a seller's agent before contacting one of your own.

10. Not Thinking About the Future
It's impossible to perfectly predict the future of your chosen neighborhood, but paying attention to the information that is available to you now can help you avoid unpleasant surprises down the road.

Some questions you should ask about your prospective property include:
  • What kind of development plans are in the works for your neighborhood in the future?
  • Is your street likely to become a major street or a popular rush-hour shortcut?
  • Will a highway be built in your backyard in five years?
  • What are the zoning laws in your area?
  • If there is a lot of undeveloped land? What is likely to get built there?
  • Have home values in the neighborhood been declining?
If you're happy with the answers to these questions, then your house's location can keep its rose-colored luster.

Conclusion
Buying a first home can seem stressful and overwhelming, and it isn't without its share of potential pitfalls. If you're aware of those issues ahead of time, you can protect yourself from costly mistakes and shop with confidence.

For many people, a home is the largest purchase they will ever make, but it need not be the most difficult.

*by Amy Fontinelle

Amy Fontinelle is a freelance writer and editor with clients located across the United States and in Canada. She has written over 300 published articles and blog posts for a variety of national and local publications and websites on topics including travel, restaurants, food and drink, fitness, budgeting, credit management, real estate, investing and historic preservation. Her articles have been featured on the homepage of Yahoo! and on Yahoo! Finance, Yahoo! HotJobs, several local news websites and Forbes.com.

You can read more of Amy's personal finance articles at Two Pennies Earned, her own personal finance website, and at PF Advice, one of the web's leading personal finance blogs.


Tuesday, June 29, 2010

The Room Addition. To Add, or not to Add?....

If you're happy with your home and your neighborhood but are craving a little more space, maybe adding on is a better alternative to moving out. Room additions can be a terrific alternative for many homes, adding space for a growing family and adding resale value at the same time.

But be forewarned. A good room addition involves a whole lot more than just slapping on some additional square footage. Here are some important rules to keep in mind as your planning gets under way:

1. Know why you're adding on: This is the first rule, and it happens before you lift a hammer. Why do you need to add on? And no fair cheating and saying, "I need more space!"

Do you need another bathroom? Bedroom space? A laundry room or mud room? An improved kitchen flow? More space to entertain? Better accessibility due to health issues? More storage? A larger garage or hobby area? The only way the addition will meet your needs is to know what those needs are in the first place.

2. Good additions never look like additions: This is the other top rule of room-addition planning. When you're done, the addition -- no matter what its size or where it's located -- should never look like an addition. The architectural styles of new and existing need to blend.

The exterior materials need to blend as well, or at least complement each other. To the extent possible, use the same type of windows, roofing, doors, siding and other materials. If the original home has wood windows, using new vinyl windows in the addition screams "add-on" and lowers the appeal and the value. Don't overlook the need to blend landscaping and hardscaping as well.

3. Out, up, down, or a combination: The how and the where of a room addition is always a fun and exciting challenge for everyone involved. Some homes are situated on larger lots and lend themselves very nicely to adding out. Others seem best suited to adding up by building on a second or even a partial third floor.

Some houses are even laid out in such a way that it's possible to excavate under them and add new living space in the form of a daylight basement. Or it could be that a combination of two or even all three of these options makes the most sense for your particular home.

Keep your mind open to the possibilities. Work with a good contractor and a good designer and you'll be amazed at what you can come up with.

4. Don't let the interior become an afterthought: I've seen a surprising number of additions that look great from the outside but seem to have no thought put into them on the inside. Flooring doesn't match. Trim doesn't match. Sometimes even the interior floor heights don't match. Remember that how the interior of your addition looks and flows on the inside is just as important as how it looks and flows on the outside.

Use the same materials or the same style of materials. Match up ceiling, floor, and wall levels. Here again, no matter how you view the addition, inside or out, it should never look like an addition.

5. Create convenient access: This is another afterthought in a lot of additions. Let's say you have a three-bedroom, one-bathroom house, and you want to add a second bathroom. Typically, that's an addition that's going to have a good payback.

But then you build the addition so that the only access to the second bathroom is through the kitchen. You now have a three-bedroom, two-bath house, but since the layout is lousy, you've actually gone backwards in terms of desirability and resale value.

Are you going to create a beautiful second-floor master suite that can be accessed only by a tiny spiral staircase from the family room? Is the only way into your great new kitchen via a convoluted hallway that leads through the laundry room?

When planning your addition, never lose sight of how you're going to access the new spaces, and make sure that access is both convenient and inviting.

6. Don't overwhelm your lot: Granted, room additions are expensive. So when you're doing one, and all those workers are on site, there's a temptation to get as much square footage as you can. But don't cram your lot full of house. Remember that open space is important as well, both to you and your family, and, later on, to potential buyers.

This is a good time to go back to Rule No. 1 and reconsider the "why" part of your room addition. Don't add space just to add it -- stay focused on your overall goals.

7. Understand the legalities: There are lots of rules and regulations that come into play regarding room additions. These include property line setbacks, zoning restrictions, and restrictions imposed by homeowner associations and architectural review committees.

In some historic areas, your addition may have to comply with certain historic guidelines. In other areas, there may even be solar shading restrictions that limit the height or the orientation of your roof line. Be sure you check into all of this before you get too far along with your planning.

Chat Soon!!

Sharon xoxo


*Article from Paul Bianch: "Yahoos Real Estate Expert"

Saturday, June 26, 2010

Locate all Open Houses in the KW area!!

It's a great weekend for Open Houses!

There are hundreds of REALTOR® open houses in Kitchener-Waterloo and area this weekend.

The house hunt starts here: http://www.kw.openhouses.ca/

Chat Soon!!
Sharon
xoxo

cell-519-574-7144
email- sharon.nunes@rogers.blackberry.net

Monday, June 21, 2010

The City of Waterloo's Official Plan Review


The City of Waterloo has been undertaking a review of the City Official Plan, the primary strategic document for guiding land use and development.

As part of the public consultation process, the City will be holding a series of Open Houses where staff will be available to discuss the proposed policies and mapping, answer any questions, and receive comments.

Copies of the Discussion Papers outlining proposed Official Plan policies and mapping will be available at the Open Houses or may be downloaded from the City's website here.

Open Houses will be held in the City of Waterloo Council Chamber of the Waterloo City Centre, 100 Regina Street South (3rd floor), Waterloo, Ontario. There will be no formal presentation at the Open Houses, so attendees are invited to drop in at any time during the scheduled Open Houses on:

Wednesday June 23, 2010 at
1:00 -4:00 pm and 5:00 - 7:00 pm
and
Tuesday June 29, 2010 at
1:00 - 4:00 pm and 5:00 - 8:00 pm


Chat Soon!!
Sharon
xoxo

Saturday, May 22, 2010

170 Marl Meadow Drive

JUST LISTED!!
With room for you and your family, and an office/media room upstairs, ample room for entertaining inside or out, this Huron gem is just waiting for the first of many get-togethers.

A previous model home loaded with upgrades like over sized windows in the family room overlooking the landscaped rear yard. Backing onto protected land! With no rear neighbors, you can spend summer days and evenings on the patio or relaxing in the hot tub!!!

Call Sharon to book an appointment to view this home at 519 742 5800 ext 2084

Click here to view the listing

Sunday, May 9, 2010

Happy Mothers Day!


A Mother's Love ~ Anonymous


There is no love like a mother's love,
no stronger bond on earth
Like the precious bond that comes from God,
to a mother when she gives birth.

A mother's love is forever strong,
never changing for all time
And when her children need her most,
a mother's love will shine.

God bless these special mothers,
God bless them every one
For all the tears and heartache,
and for the special work they've done.

When her days on earth are over,
a mother's love lives on
Through many generations,
with God's blessings on each one.

Be thankful for our mothers,
for they love with a higher love
From the power God has given,
and the strength from up above.

Saturday, May 1, 2010

Are YOU ready for the unexpected?

Emergency Preparedness Week May 2-8, 2010


By definition, emergencies happen when we don't expect them, and often when families are not together. Suddenly, you need to think about your kids at school or elderly parents across town. If phones don’t work, or some neighborhoods aren’t accessible, what will you do?

May 2-8th is Emergency Preparedness Week, where activities are organized across Canada to raise awareness of the importance of having an emergency kit; making an emergency plan; and identifying risks in the region.

The Government of Canada's website - www.getprepared.gc.ca -is full of information for you and your loved ones on how to do just that - get prepared.

There are 3 simple steps that can help Canadians prepare for all types of emergencies.

The 3 step process includes knowing what the risks are, making a plan and getting a kit in case of a major event. Click here to find out what goes into a Basic Emergency Kit.

To print off and personalize your Emergency Preparedness Form, Click Here.

Chat Soon Friends!!
Sharon Nunes
xoxoxo

Wednesday, April 28, 2010

Monday, April 26, 2010

Home Staging: An absolute MUST for Modern day Real Estate




This article has been written for me by Lynda Schmidt, of LB Schmidt, Creative services.


I asked Lynda, to create a Blog Post for me to explain from her perspective what Home Staging is, How does it work and what is the benefit to my clients?

Take it away Lynda......

Definition: The act of preparing a private residence prior to going up for sale in the real estate selling market. Staging focus on improving a property to make it appeal to the largest number of buyers by transforming it into a welcoming, appealing, and attractive product for sale.


Regardless of size, location condition or price of your home, creating an unforgettable first visual presentation is what home staging is all about - it may mean the difference between a quick sale or your property lingering on the market.


A professional Home Stager will follow the principles and elements of design as well as the proven staging strategies that incorporate furniture placement, accessorizing , colour harmonization, de-personalizing, repairs and updates, lighting, organizing space and highlighting the focal points and selling features that a home has to offer.


When selling a property it isn't good enough to just plant the FOR SALE sign in the front yard. Savvy buyers expect and look for more when purchasing a property. Thanks to the endless staging and decorating shows standards have been raised. If properties do not look their best, if the selling features and focal points are not polished and shining , if there are blatant repairs, needed, updates or cleaning left undone, you can be sure the asking price will be attacked.
Unstaged properties help to sell staged properties. In a hot market staged properties are the ones that get the multitude of potential buyers looking and quite often receive multiple offers with in just a few days of listing - as we are currently experiencing. In a slower market, Staged properties stand out as the better value.

Sharon Nunes is a Realtor who knows what is important when listing properties. She goes the extra mile for her clients - she knows what home staging before listing and taking the all important MLS pictures can do - she understands that great presentation, along with accurate pricing is what it is all about . Realtors like Sharon Nunes are set apart from the rest who still just plant the FOR SALE sign in the front yard.

Before:



After:













Chat Soon!!

Sharon Nunes
xoxoxo

Many Thanks to Lynda Schmidt for writing this article for my Blog, she is a highly regarded expert in the Home Staging Industry and has the personality to compliment her talent. Keep rockin it Lynda!

Lynda B. Schmidt of L.B. SCHMIDT - CREATIVE SERVICES specializes in Home Staging and styling properties for the real estate selling market. Lynda has two designations as a professional Home Stager - ASP (accredited staging professional) and CCSP ( Certified Canadian Staging Professional) as well as having 25+ years of professional, creative visual presentation and interiors experience.

Sunday, April 25, 2010

Are your bad habits driving down the Price of your Home?

We all have quirks and habits, but did you know that some of the things we do without a second thought can cost tens of thousands of dollars when it comes time to sell your house? Here are five habits you might want to break if you're concerned about your bottom line.

Butt out
Hands down, smoking is the habit that will have the most dramatic effect on your ability to make the most of the sale of your house. Richard Buchanan runs a cleaning service in Ottawa and lists many Realtors, as well as the Ottawa Police Service, among his clients.

Buchanan is often called upon to clean homes that have suffered fire or water damage or have been the scenes of accidents. He says there is nothing more expensive to eliminate than the traces of cigarette smoke.

"To be honest, a heavy accumulation of cigarette smoke is like having a fire," he says. "While you're washing the walls you can see the yellow tar just running down the walls."

Any amount of smoking will do some damage, but the amount varies. "If you're trying to sell a house and you're a pack-a-day smoker, all your surfaces will be stained with nicotine, so you'll have to wash it, then seal it and repaint," he says. "You'll also have to clean the carpets and the air ducts. Sometimes you have to replace the flooring, and sometimes, if the cabinets are white, you'll have to replace the kitchen cabinets."

Hiring a professional to wash everything in an average-sized home costs around $1,500 and to seal and paint will cost another $6,000.

"If you were to revamp a house to put on the market for a really heavy smoker, it could cost you around $25,000," says Buchanan. "It happens a lot. Some people are willing to swallow the loss, but either way, it's a lot of money."

Catherine Swift, a Realtor in Ottawa, agrees with Buchanan's assessment. "It is a difficult odor to get rid of - it often requires painting and sometimes replacing carpets. Pet odor is a little easier to get rid of, unless animals have been urinating on the carpet."

The smell of money
Any strong smell will present a challenge to potential buyers, but as often as not, the smell of cigarette smoke in a house will mean many buyers won't even consider putting in an offer, however low.

Using chemical cleaners and air fresheners might make the problem worse. "When a home smells like air freshener, it makes me wonder what are they trying to mask," says Swift. She's not alone - ask anyone who works in real estate, and they will tell you to clean like you've never cleaned before and then open your windows.

Pet odor runs a distant second to the damage done by smoking. The smell of cat urine is particularly difficult to remove and often requires replacing carpeting and sometimes even parts of the subfloor. Getting rid of the traces of poor pet hygiene can cost up to $15,000.

It's a jungle in there
Even plants can pose a problem for potential buyers.

Keeping a jungle of houseplants or a room full of orchids may seem like a way to bring the comforts of nature and summer into your home during long Canadian winters, but be careful not to overload your home with humidity. Humidity causes mould, and mould is a health hazard that will often kill a sale. Mould remediation can cost as much as $10,000. Often, insulation will have to be replaced to eradicate the problem completely.

Mould is high on the list of problems home inspectors watch out for, so it might be worth your while to hire one before you sell. "They are there looking for problems, and it's their job to tell you. You can get an inspection for $500, and it's well worth it," says Buchanan.

Clutter costs
Pick up your shoes, because your house looks smaller when it's cluttered.

"I think what's really important for people is to bear in mind that first impressions are really important, and you only get once chance to make a first impression," says Swift.

She says you should clean up clutter around the front door, in particular, but you should try to make the rest of the home as clutter-free as possible, so that it looks open and spacious.

Think green

People are beginning to think about the cost of living in more than one sense. More Canadians looking for new homes are factoring the environment into their plans. If you thought you were being frugal by making do with your old furnace or hanging on to your old washing machine, you might want to give that a second look.

"A lot of young folks, when they're buying a home, the first thing they ask is about the energy efficiency of a home," says Rod Vermunt, a Realtor in Calgary, Alberta. "People have made choices of a house based on the water use."

He says the interest in eco-friendly housing is growing every day, so it's a good idea to take that into account if you want to be at the top of a buyer's list. Think about upgrading your furnace and your kitchen appliances, as well as your windows and your front door.

It's all about balance
In order to get the best possible offer for your home, you need to think about how most people will feel when they walk over the threshold. Your pack-a-day habit may seem like nobody's business, but that changes as soon as you put your house on the market.

If you consider your pets to be members of the family, as most people do, then you will have to help them stick to the family rules. No peeing on the rug is a good rule for all family members to follow, not just the two-legged ones.

Of course, your house is your home, but sometimes breaking a bad habit can have added benefits you never considered. Is $25,000 enough to get you to quit smoking? Only you can decide. Like anything else, it all comes down to weighing the pleasure and comfort you get from a habit against the long-term value of your investment.


Chat Soon!!
Sharon


*Article written by
Stephanie Farrington, Bankrate.com

If you would like to write a post for Sharon's Real Estate Blog, please send an email to sharon-nunes@coldwellbanker.ca with your contact information.

Monday, April 12, 2010

The 411 on Home Inspections




When you’re buying a new home, you’ll want to scrutinize every last detail. Home inspections rarely cost more than a few hundred dollars, and can save you from unpleasant surprises. Your REALTOR® can help recommend several home inspection companies to choose from.
  • Make a conditional offer based upon a satisfactory home inspection

This is an increasingly standard condition on any resale home. If the seller doesn’t want you closely examining the home before you take possession, you have to wonder why.

  • Go with a qualified professional

Make sure your inspector is a member of the Canadian Association of Home & Property Inspectors (CAHPI). It’s your guarantee they have the training and experience for the job.

  • What will they check during the inspection?

Lots of stuff. Plumbing and electrical systems, the roof, visible insulation, walls, ceilings, floors, windows and the integrity of the foundation. They also check for lead paint, asbestos, mould, outdated and dangerous wiring, and evidence of pests like mice or termites.

  • Join the inspection
Get up close and familiar with your new home with this three-hour checkup. If any problems are detected, you’ll see them firsthand, and learn some maintenance tips from a pro.
  • You’ll get it in writing

Their report will summarize the condition of your home. If there’s anything that needs work, the home inspector will provide an estimated cost for the repairs.

  • Home inspection for a new home?
New does not equal perfect, and construction quality can vary greatly from builder to builder. In some provinces, repairs and corrections in new homes may be covered by a government or industry-sponsored warranty program. Bad news doesn’t necessarily mean it will have to cost you


Chat Soon!!

Sharon
xoxox


*Article Courtesy: Howrealtorshelp.ca

Wednesday, April 7, 2010

How to Solve The Wet Basement Dilema


Solving wet-basement problems is one of the most important things you can do to protect the value of your home and health of your family.

Image: Michael Blann/Getty Images

Nothing poses a greater long-term risk to your home’s value than a wet basement. If left unchecked, basement moisture can ruin floors and walls, encourage mold, even damage roofing. Some wet basements are easy to cure, simply by making sure gutters stay clear and by diverting gutter water well away from the foundation. But if the problem comes from other sources—water flowing toward the house on the surface, seeping in from underground, or backing up through municipal storm drains—you’ve got to take more aggressive action. Here’s help with figuring out what may be causing your water trouble, and eight basement waterproofing strategies to try, from the simplest and least expensive to the most challenging and costly.

1. Add underground piping

If downspouts are dumping too close to the house, you can get water the recommended five feet or more away from the foundation by adding roll-out plastic or metal gutter extenders. But they aren’t the neatest or most effective long-term solution, especially if you’re likely to trip on them or run over them with a lawnmower. Permanent underground piping is invisible and capable of moving large quantities of runoff much farther from your house. For about $10 a foot, a landscaper or waterproofing contractor will dig a trench and install piping to carry the water safely away.

2. Plug gaps

If you see water dribbling into the basement through cracks or gaps around plumbing pipes, you can plug the openings yourself with hydraulic cement or polyurethane caulk for less than $20. Plugs work when the problem is simply a hole that water oozes through, either from surface runoff or from wet soil. But if the water is coming up through the floor, or at the joint where floor and walls meet, the problem is ground water, and plugs won’t do the trick. For that, see Solutions #5 though #7 below.

3. Restore the crown

If the gutters are working and you’ve plugged obvious holes, but you still see water dribbling into your basement or crawl space from high on the foundation walls, then surface water isn’t draining away from the house as it should. Your house should sit on a “crown” of soil that slopes at least six inches over the first 10 feet in all directions. Over time, the soil around the foundation may have settled. All you need to do to build it back up is shovel in more dirt. One cubic yard of a water-shedding clay-loam mix from a landscape supply house costs around $30 (plus delivery) and is enough for a two-foot-wide, three-inch-deep layer along 57 feet of foundation.

4. Reshape the landscape

If you can’t add soil without bringing it too close to the siding—six inches is the minimum safe distance to protect against rot and termites—then you may be able to redirect surface water before it reaches the house by creating a berm (a mound of dirt) or a swale (a wide, shallow ditch). In small areas, berms are easy; a landscape contractor can build one for a few hundred dollars. On bigger projects, berms make less sense because you’ll have to truck in too much soil. In that case, dig a swale (about $1,000). Once landscaping grows in, berms and swales can be attractive features in your yard.

5. Repair footing drains

If water is leaking into your basement low on the walls or at the seams where walls meet the floor, your issue isn’t surface water, it’s hydrostatic pressure pushing out water within the ground. The first thing to do is check whether you have footing drains, underground pipes installed when the house was built to carry water away from the foundation. (Look for a manhole or drain in the basement floor or a cleanout pipe capped a few inches above the floor.) The drains may be clogged, in which case you can try opening the cleanout and flushing the pipes with a garden hose. If that doesn’t work, a plumber with an augur can often do the job for about $600.

6. Install a curtain drain around the house

If you don’t have footing drains or can’t get the existing ones to function, there’s one more thing you can try before you invest in a costly interior or exterior basement waterproofing system: Install a curtain drain to divert water that’s traveling underground toward your house. A type of French drain, a curtain drain is a shallow trench filled with gravel and piping that intercepts water uphill of your house and carries it down the slope a safe distance away.

7. Pump the water out from the inside

If you can’t keep subsurface water out, then you have to address it on the inside. To create an interior drain system, crews saw a channel around the perimeter of the floor, chip out the concrete, and lay perforated pipe in the hole. The pipe drains to collection tank at the basement’s low spot, where a sump pump sends it away. Starting at about $3,000, an interior system may be the least expensive and disruptive option if you have an unfinished basement with easy access, or a lot of mature landscaping that digging for an exterior system would destroy.

8. Waterproof from the outside

Installing an interior drainage system gets the water out but doesn’t actually waterproof the walls. For that, you need an exterior system: a French drain to relieve hydrostatic pressure and exterior waterproofing to protect the foundation. It’s a big job that requires excavating around the house, but it may be the best solution if you have a foundation with numerous gaps where water is getting through. It also keeps the mess and water outside, which may be your choice if you don’t want to tear up a finished basement. The downside, besides a price tag that can reach $20,000, is that your yard takes a beating, and you may need to remove decks or walkways.

Jeanne Huber is the author of 10 books about home improvement and writes a weekly column about home care for The Washington Post. She solved her first drainage mystery when her family’s frequent sneezing attacks led her to discover mildew coating the underside of their house’s roof. Turns out basement flooding (see Sign #6) was to blame.


Hope that you find this information as helpful as I did!


Chat Soon!!


Sharon

xoxoxo

Courtesy of HouseLogic.com


Wednesday, March 31, 2010

I want to sell, ...but how do I determine how much to list for?

Establishing a reasonable and profitable listing price for a home is perhaps the biggest challenge for every home seller. Many sellers ask themselves, "The home next door sold for a high price, can I sell mine for the same?" or "Can I raise the asking price in a hot market?" These and various other factors must be considered before determining the right cost. Here are the steps I recommend taking before establishing an asking price.

Choose the right sales associate. While many people use a friend or relatives referral to select a sales associate, it is smart to interview several prospective agents. Invite different agents to show their listings presentations. Pay attention to how they plan to market the home, and find out the reach of their company's Web site. Also, make certain they plan to list the home on the multiple listing service (MLS) and inquire how broad their real estate contact network is.

Do the homework. Ask a real estate sales associate for a written comparative market analysis (CMA). This will provide a list of recent sales prices of similar homes in the area (with comparable numbers of bedrooms, baths, square footage and lot size), the asking prices of homes currently for sale nearby and other pertinent information. A sales associate will then provide a professional estimation of a legitimate selling price. Please be aware the CMA is not an appraisal.

Take the emotion out of It. While the seller likely has great affection for the home, the agent will not set the price based on the seller's emotion. Instead, he or she will evaluate the location, condition and size of the home. A house in a secluded, exclusive area may appeal to some, while others want to be closer to schools, shopping and health care facilities. Also, what is the physical condition of the home? Is it a fixer-upper? Does it make a good first impression (i.e. “curb appeal”)? Will it attract a growing family, or is it better suited to empty nesters?

Determine if it is a buyers’ or sellers’ market. Home inventory, mortgage interest rates and the economy play a role in determining whether the buyer or seller has a negotiating advantage. While most would normally consider the current market to favor buyers, with a surplus of inventory and lower interest rates, credit lending has become more difficult to obtain as a result of present economic conditions.

Do the math. Do not forget to figure in closing costs, legal fees and other selling expenses when determining the value of your home. The sales associate should be able to provide cost estimates and negotiate with a potential buyer to ensure a good sales price.

Give it the once over. There is one more step to be certain the house sells for your asking price, or for more. Do as much as possible to improve the home's appearance: touch up the paint, fix leaks, seal any cracks, clean up the clutter, and eliminate pet odors. The house has only one chance to make a first impression!


Chat Soon,

Sharon
xoxo

Wednesday, March 24, 2010

The Bank Of Canada "Low rates till the end of Q2", GREAT NEWS!



The Bank of Canada left the overnight rate at 0.25% this morning and maintained their assessment of the risks to the outlook as being balanced based on macro considerations. The Bank removed the statement about risks being "tilted slightly to the downside" because policy is operating at the effective lower bound and did not allude to its ability to use alternative measures to provide additional easing when the policy rate is at the effective lower band. However, the central bank did reiterate its conditional commitment to keep the policy rate at its current level "until the end of the second quarter of 2010" in order to ensure that inflation stays on course to meet the medium-term target.

The Bank acknowledged that the economy was "slightly" stronger than expected in the fourth quarter although reiterated that the "persistent" strength in the Canadian dollar and weak US demand continue to provide downside risks the Canada's recovery going forward. On the other hand, the Bank cited "vigorous" domestic spending and rebounding exports as providing support to the economy in the final quarter of last year. The Bank pointed to stronger than expected global and domestic demand as providing upside risks to the outlook.
On inflation, the Bank highlighted that the core rate "has been slightly firmer than projected" pointing to both transitory factors and the faster pace of economic growth. Going forward, the Bank presented upside and downside factors for the inflation outlook citing both the strength in domestic demand as well as the abundant slack in the economy and weakening wage growth.

Two key changes were made to the statement that indicate that the Bank is edging its way toward removing the extraordinary level of monetary policy stimulus. The Bank removed the statement that the overall risks to the outlook are "tilted slightly to the downside" as a result of policy operating at the lower bound. As well, the Bank did not repeat that they retain "considerable flexibility" in the conduct of policy at lower rates suggesting that the need for additional easing of policy has become increasingly unlikely. The stronger-than-expected report on the fourth quarter and improved labour market are consistent with a gradual removal of the accommodation being supplied to the economy. The winding down of its liquidity support programs is already in train and the first step toward this occurring. We expect Canada's economy will grow at an average 3.6% pace in the first half of 2010 although the large output gap generated during the recession means that the core inflation rate will remain below the Bank's 2% target until late 2011. This will allow the Bank to proceed slowly with rate increases in order to ensure that the economy's positive momentum is not disturbed. We expect the Bank to increase the overnight rate by 100 basis points in the second half of the year as they begin the process of adjusting monetary policy toward a more neutral stance.
Details
• Bank of Canada left unchanged the overnight rate at 0.25% and maintained its conditional commitment to this rate through the end of the second quarter of 2010
• Bank removes the statements that suggest more accommodation may be needed
• Statement tees up for Bank to remove stimulus this summer if economy improves as we project.


Wednesday, March 17, 2010

"Maybe first I'll try selling on my own...to save the commission."


The fact is, most people who try to sell their own home end up using a REALTOR® in the end anyway. Before anybody decides to fly solo through this complex, time consuming and financially perilous process, they should consider these questions.

Will you really “save” the real estate commission?
When buyers see a home for sale ‘by the owner’, they see a bargain. They imagine the REALTOR'S® fee going into their pocket, not yours.

Are you familiar with real estate law?
Complicated and ever-changing real estate law governs nearly every phase of selling your home. One misstep, and an entire deal can fall through, or worse, result in a lawsuit.

How many potential buyers will you reach?
Selling a home takes more than just hanging a “For Sale” sign. How will you promote your home? Will you write your own ads? How will you use the Internet, knowing that you’ll have no access to the cooperative service available through the Multiple Listing Service®. MLS® and the corresponding web site www.REALTOR.ca have changed the way people search for homes, and it’s hard to court buyers without it.

Do you have the time?
Promoting a home is a full time job, and you may already have one. Will you be able to take calls at any time? How about screening the callers to figure out if they’re suitable candidates? Not everybody who calls is even suitable to walk through your home, but how do you tell?

Do you know the market well enough to get the most for your home?
Lacking years of experience, the average do-it-yourselfer is merely guessing at their listing price. Often they set the price too low and miss out on thousands of dollars, or they price their home too high and drive away willing buyers.

Do you have the negotiation skills to keep a deal on track?
When an offer comes in, emotions can run high with so much money on the line. This is why direct seller-to-buyer deals often end in disaster. REALTORS® keep it professional and are indispensable when it comes to bargaining with buyers.

Chat Soon,

Sharon

xoxo

Friday, March 12, 2010

Deciding When to Sell




In real estate, it's all about the timing. It will strongly influence your home’s selling price. Here are some things to take into consideration:


A buyer’s versus a seller’s market?
When lots of people are looking for homes but not many are for sale, it’s a ‘seller’s market’, because the seller has something everybody wants. When there are lots of homes for sale and not many people buying them, it’s called a ‘buyer’s market’ because buyers have more power of choice.

How quickly do you need to sell your home?
In a seller’s market, top price and a fast sale can go hand-in-hand. In a buyer’s market, more sellers are competing for your potential buyer. If you have to sell right now, consider lowering your asking price a bit to speed up the sale. A REALTOR® can help you figure out the right price-to-speed ratio.

Seasonality. Do home sales get frostbite?
It’s true. Winter sales tend to be slower, and spring sales are more brisk. Regardless, there are always people looking to buy, and seasonality is only one of many factors to consider.

What if you’re also buying a home?
If you sell your existing home for a ‘low’ price, you’re probably also buying at a low price. If you are upgrading to a larger home, this actually works to your advantage. If you’re downsizing from a bigger home to a smaller home or a condo, you need to pay a bit more attention to the market.

To buy first or sell first? The eternal question
Many people are able to time their sale and purchase so they happen on the same “closing date”. As a buyer, you can make your offer “conditional” on the sale of your existing home, to make sure you’re not left paying for two homes. As a seller, you can try to extend the “closing period” to give yourself more time to find your next home. Each situation is different and it's best to discuss with a REALTOR® so that he/she can provide advice and counsel during these types of negotiations.

What if you find your new dream home before you’ve started to sell your old one?
Talk to your existing mortgage lender about “Bridge Financing”. This is when your lender (the bank) agrees to lend you the down payment for your new dream home, while you still cover the mortgage on your existing property. Again, your REALTOR® will likely have a few options on mortgage lenders or brokers that you can discuss your various financing options with.

Chat Soon,

Sharon XOXO

Tuesday, March 9, 2010

Spruce it up for Spring!

Spring is right around the corner, (YAY!!) and you may be looking for ways to enhance your decor to fit with the sunny spring and summer days ahead.

Here are 8 ways you can change it up on a budget; and in a snap!



1) Paint - Tried and true, paint will make a huge difference in a room.

Sometimes it is hard to choose a color so here are a few things to take into consideration:

1) Look through your closet...what colors do you see most? Those can go on your list.

2)Try to stay in a neutral shade of any color so that you aren't overpowering the rest of the house if you are only working on one room

3)Choose your "anchor" fabric or art piece and use the lightest color from that for the wall paint.


2) Open the windows - Literally and not so literally.

Pull those dark heavy drapes back and let the light shine in. Better yet, replace those dark curtains with light breezy sheers, beautiful!!


Naked windows are trendy, adorned with an ironwork treatment - Ooh la la!





3) Remember the 60, 30, 10 rule.

*60% of the room is background color

*30% of the room is mid tone color - for flooring and large size furniture.

*10% of the room is accent (usually the richest or brightest color) - for "pop" accent pillows, art, etc.



4) Drab Sofa? Get a Slipcover! Check it out....

If your sofa is tired and perhaps has a stain that bothers you or is a color you can't stand anymore, just go out and get yourself a slipcover! They aren't like the so obvious slip covers of the past, you can get stretchy WASHABLE no-tell slip covers now that look amazing! The "Sure Fit Stretch Slipcover" Pic shown here, beautiful, and no fail!






5) Accent Pillows, Easy, Inexpensive and necessary!

Add "oomph" to the couch, chair, or bed with

bight bold accent pillows, easy peasy!







6) Fresh Flowers - any kind in any color


What a difference fresh flowers make to a room, not only does it breathe life into any space, it adds color! If you choose flowers that fit into the color scheme, the drama that one piece creates can be quite amazing.





7) Frame the art that your child brings home from school and collage it!


Now I know that this may not apply to everyone, but lemme tell you there is some serious guilt in discarding my son's art he brings home from school. But we can't keep it all!! - Or can we? I have been choosing and setting aside pieces and framing them. You can choose a particular corner or office or even in the powder room - change it up by adding you child's homemade art in matching frames in a collage on the wall. Wow..Talk about a conversation starter when the company comes over! And your son/daughter will love you for it :)


8) “Knick Knack, Paddy whack”, Store it in a box.....

I know that isn't how the song goes,.. but for you clutter-bugs out there, grab a box and start putting away those knick knacks. Believe me - what you got ten years ago as a wedding guest does not need to be displayed! And singing fish...(yes even we had one, but it never made it to the wall...)If you must keep it - fine. Display it in a pretty box. In the BASEMENT. :)


Chat Soon!

Sharon

xoxoxo