Ottawa Real Estate

2011-02-22T06:14:00.000-08:00

For 2011 prices will rise moderately due to an improving economy and low interest rates. The average price of a home in Canada will rise approximately 3% for 2011. Most home owners and future home owners realize that interest rates are low and that housing will become effectively more expensive when mortgage rates return to normal levels.

Average prices for two-storey homes as of the end of 2010.

Halifax - $291K
Montreal - $375K
Ottawa - $354K
Toronto - $594K
Winnipeg - $297K
Edmonton - $334K
Vancouver - $1million
Victoria - $480K

Real estate is all about you. For more information: www.irenebilinski.com

Location, Location, Location

2011-02-18T06:49:00.000-08:00

Location, Location, Location - How often have we heard that expression? Location is important to the Buyer but its also important when the Buyer becomes the Seller a few years down the road.

Most Buyers when searching for a new home they think about the location of their future home based on schools, bus routes, parks, proximity to work but they also need to think about the surroundings of the potential home. What do I mean? Take a walk around the neighborhood - who is your neighbor - in front, on each side and in the back. This could affect the price of your house when you are ready to put it on the market.

Today, one of my was looking to purchase a new build townhouse, lovely layout, reputable builder and the finishings were just about perfect. So you must be thinking what's the issue? The issue is that the only lot left is backing on a mechanical garage. One of the parties said "that's not a problem" the garage is only open in the day time and we both work. Yes, but the future Buyer could be working shifts and sleeping during the day while there's a lot action going on at the garage - might think its an issue.

When Buyers are looking at new builds, they are looking at properties that have not been built and they are looking at a plan and selecting a lot from the plan. They usually do not go for a visit to see what's around the potential property. Might be a good idea to do so.

So, location applies to many situations. Protect your Buyers from making a potential mistake.

Ottawa Real Estate

2010-10-06T07:17:00.000-07:00

Ottawa housing sales near average in SeptemberMembers of the Ottawa Real Estate Board sold 1,074 residential properties in September through the Board's Multiple Listing Service® system compared with 1,218 in September 2009, a decrease of 11.8 per cent.

Of those sales, 240 were in the condominium property class, while 834 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.) which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

"After record-breaking sales in September of 2009, this year's sales were closer to the five-year average for this time of year. Home prices continued to appreciate but not skyrocket, as they generally do in Ottawa. I would describe the current state of the housing market in our region as balanced, with a good supply of homes available for sale," said Immediate Past President Rick Snell.

The average sale price of residential properties, including condominiums, sold in September in the Ottawa area was $324,745, an increase of 6.6 per cent over September 2009. The average sale price for a condominium-class property was $240,050a decrease of 0.8 per cent over September 2009. The average sale price of a residential-class property was $349,117, an increase of 8.2 per cent over September 2009. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.

Ottawa Real Estate - Own to Rent

2010-10-04T13:38:00.000-07:00

Own to Rent is something that is quite interesting for folks that are looking to own but are unable to find the downpayment. Its an alternative financing strategy to hme ownership. How it works, you ask? A potential tenant/buyer is qualified; tenant/buyer shops for a home; investor buys the property; lease agreement and option to purchase are signed; tenant/buyer moves into the house and after a few years - usually 3 - the tenant becomes an owner.

For more information give me a call and it will be my pleasure to meet with you and discuss the details. You can get my contact info from www.irenebilinski.com

OTTAWA REAL ESTATE

2010-09-08T15:26:00.000-07:00

WHAT SELLS A HOME?

There are several factors involved but the major ones are: Location, condition, price. Then, marketing comes into play. Before we discuss the selling factors, I would like you to think about when you are purchasing a property. DO NOT just purchase the house, look at the neighborhood, what surrounds the property. Are the immediate neighbors hoarders, car collectors? What's behind, beside and in front of the house - because all of these things will be the location factor when you are selling.

The condition of your home is the second important factor. Has it been updated recently, are the bones of the house newer i.e. roof, furnace, a/c, windows, doors, floors, kitchen, bathrooms? This does have an impact on the price.

The price is not something that a real estate agent pulls out of the air. What are the comparable sales in the neighborhood, on your street. COMPARABLE means one that compares to your property. If a house on your street sold for $500K and on a corner lot, with great landscaping, double garage, updated inside and out and your house the quite similar - then yes, you just might get close to that price. But, if it does not compare i.e. no updates, single car garage then don't even think about it.

Once the price has been established and believe me as real estate agents we do this on a daily basis, then the marketing starts. When selecting an agent - ask about their 10, 12 or 20 point marketing system. If none exists, then you just might be selecting the wrong one.

DEALING WITH EMOTIONS WHEN SELLING

2010-07-21T13:29:00.000-07:00

Today, I met with a client that really wants to sell his home and since its been on the market for about 4 weeks without an offer, the price was adjusted. His spouse felt the original price was fair and fought tooth and nail but finally it went down by $5K. He would have preferred a $10K reduction. As you can see they are not on the same page. He wanted the property staged, she didn't. He wanted to freshen up the paint, she didn't. But, guess who wants to REALLY, REALLY sell - she does.

So today, my team and I picked up some sprucing up stuff and made the house more welcoming. Decluttered the family room, rehung some pictures, staged the dining area and he took the day off to paint the areas that really needed some attention. With a price reduction, adding some homey touches - we should have an offer within a week or so.

Selling is an emotinal thing and as Realtors, we must be sensitive to our clients needs. Looking for a team that does it all and more www.irenebilinski.com

Sandwich Generation

2010-07-20T14:40:00.000-07:00

Homes to Accommodate Multiple Generations
Building and modifying homes to accommodate multiple generations is increasingly popular as more homeowners struggle to accommodate both their older parents and their grown children under the same roof.

The National Association of Home Builders’ International Builders Show this year featured a single-level residence with a master suite at each end.

"The grandparents' suite included universal design elements along with a small kitchenette," says Stephen Melman, director of economic services at the NAHB. "The concept for this home was that the parents could get help with their kids from the grandparents, while the grandparents benefited by having household maintenance chores and meals taken care of for them.”

Melman said that it is difficult to predict whether this trend will diminish when the economy improves, but he pointed to the growing number of ethnic groups where multi-generational living is expected as a sign that the trend may stick.

Source: Washington Times, Michele Lerner (07/09/2010)

Interesting!

Selling your home? 10 questions you must ask.

2010-07-20T10:54:00.000-07:00

When selecting a real estate agent - its important that you ask a few questions. First, choose 3 real estate agents that you might want to interview. Where would you find them: Best place ask friends, family, neighbors!

Here are the questions you should consider asking:

1. How will you advertise my home?
2. Will you be hiring a professional photographer ? Virtual Tour?
3. What's your success rate in the area?
4. What is your commission?
5. How can I prepare to show my home?
6. Can you provide me with referrals? Can I call them?
7. How accessible are you?
8. Are you on a team or a sole agent?
9. What happens if you are away or unaccessible during the listing of my office?
10. Give me 3 reasons why I should hire you?

And #11 - If you don't meet my expectations - can I cancel the listing?

ASSISTING DOWNSIZERS

2010-07-13T11:33:00.000-07:00

As a real estate agent, I'm often asked if I know someone that can.......... Having networked most of my business life, I usually know someone or have used someone's service for that exact ....whatever...

I've decided that I would like to expand my business and actually offer to assist people downsizing with their move - like a wedding planner - but I would be the move planner - make sure everything is tagged, packed, scheduled so when the MOVE date arrives all is done - no stress. Then, I can prepare the house for the market i.e. paint, spruce up and stage. Now, this may happen in a short period of time or it might take months.

Over the last few years, I assisted several of my clients in getting organized and they all felt that the end result was so positive. All they basically had to do was hop in the car and drive to their new residence. While they are having a coffee/tea, the Irene Bilinski Team is getting the new place set up.

For additional information just contact me directly and it will be my pleasure to assist you. ibilinski@kwottawa.ca

Saving Energy

2010-07-07T07:09:00.000-07:00

Here are some small things you can do at home to save energy:

1. When replacing hard-to-reach light bulbs, such as exterior porch lights, switch to energy-efficient compact florescent bulbs. You won’t have to change them for several years!
2. Use window coverings to help warm or cool your home.

3. Do your laundry in cold water there many cold water detergents on the market.

4. Improved insulation, caulking and weather stripping.

5. Install and use a programmable thermostat. For every 1°C you lower your thermostat, you can save 2% on your heating bill. Helping the environment and saving money - A win-win situation.

For more tips: www.irenebilinski.com

Customer Service

2010-07-06T08:38:00.001-07:00

What is customer service? "•Customer service is the provision of service to customers before, during and after a purchase". Listening to what your client wants, needs and desires. And, yes, the client can change his/her mind during the process. Why am I nattering about customer service? Well, I've received really unacceptable service from my current bank. Here's what happened - I wanted to get an American Visa, I decided to apply on line. What a joke after going through the process - once I pressed enter - it said my application wasn't accepted because I was too slow. So, I did again and again, same thing, so I did it again and again the same result. Off, I go to the bank and I'm told by that I need to be pre-approved, I say, great, how - OH! They tell me that I need to speak to a specialist and she will be with me in a few minutes. Fantastic, I'm getting somewhere - the young lady arrives and informs me that I need to be pre-approved. I say - let's do it. We go through the process and she tells me that I don't need to be pre-approved because I'm a long standing client. In my mind, I'm asking myself - wouldn't it make more sense to get my file, process the application and if pre-approval is required, then proceed to do so and advise the client.

The specialist tells me that I will be receiving my card in 7 to 10 working days and that I need to come back to the Bank to obtain it. Fine. A few days later, I receive a letter telling that my card is being processed and here's my new pin number. A few more days go by and I receive another letter that my card will be delivered to my branch in a few days and that someone will be calling me. I receive a call from a bank representative that I can go and pick up my card at the Bloor and Young Street Branch - I'm located in Ottawa - hum - I guess something went wrong. The card is shipped to my branch and I'm in possession of it in about 14 days. In the meantime, I've been to the US - did my shopping and returned.

When I picked up my card, I asked the teller if I could change my pin number - on the letter it says in paragraph 2 that I must go to my branch to change my pin number. The teller advises me that I can't change my pin, I ask why and he says he doesn't know, asks another teller she doesn't know and there's no one to tell us why. So I decided to call the 1-866 number, wait 30 minutes for someone to answer and then I find out that she doesn't know either. Would I like to wait a few minutes and speak to her supervisor - OK. Ten minutes later still no one answers. Did I get my info - no - did I get good customer service - no - will I recommend my branch to my clients - not a chance.

Let me tell you, when you call me - I answer my phone and if I don't have an answer to your question, I will find out and get back to you within a couple of hours. As your Real Estate Agent, my pledge to you is that you will get good CUSTOMER SERVICE from both myself and my team.

Visit: http://irenebilinski1.point2agent.com/TESTIMONIALS/page_2150814.html

TEN WAYS NOT TO SELL YOUR HOME

2010-06-26T08:47:00.000-07:00

1. Be unrealistic about the value of your home - have the attitude - if it doesn't sell that because they can't appreciate my castle.
2. DON'T declutter leave all your stuff where it is. Make your home look smaller that's always a plus.
3. DON'T have the home staged - you've watched the programs - you know what needs to be done.
4. DON'T clean the house
5. DON'T cut the grass, wash the windows, paint the front door. Curb appeal - not necessary.
6. DON'T be accommodating to potential buyers - schedule showings at your convenience only.
7. DON'T remove the pets for showings - everybody loves your cat, dog, bird.....
8. ALWAYS cook some smelly foods before a showing - cabbage, fish......
9. DON'T leave the house for showings and get involved with the showing.....
10. DON'T COUNTER OFFER - you know best.

For all THOSE potential sellers - DON'T LIST YOUR HOUSE

IF YOU DO WANT TO SELL www.irenebilinski.com

Missing sign

2010-05-21T10:23:00.000-07:00

Yesterday, I received a telephone call from a very nice polite young lady, identifying herself as Amanda from the City of Ottawa By-law Services. She said that my directional sign has been confiscated because it was on City property and if I wanted it back, I would need to pick it up at the 101 Centrepointe address with a $50.00 cheque or cash. Off, I go to the City of Ottawa office only to find out that my sign wasn't there and nobody had a clue. Then one gentleman said that the sign would be delivered back to my office.

I decided to call Amanda this morning and was advised that I needed to speak with her supervisor, James. It is now several hours later no James, no sign. So, if anyone sees my sign somewhere within the confines of the City of Ottawa building at Centrepointe can you please bring it back to me.

www.irenebilinski.com

Jeep Liberty

2010-04-23T10:06:00.001-07:00

I've been driving my new Jeep Liberty for about two weeks and I've decided that its just perfect for me. Not too big, easy to park, nice and comfy for those long drives. Yep, it was a good decision.

Now I'm waiting to find out what my graphic designer is going to come up for the wrap. I want a bit of a change - not too flashy, just enough information to peek my potential clients interest. Some wraps are so busy that you can't figure out what is is or there's to little information and that's just as confusing.

So if you have an ideas - send them my way. Or, if you're thinking about selling or buying real estate give me a call or visit my web site www.irenebilinski.com

Ottawa Folk Festival

2010-04-22T06:49:00.000-07:00

The Ottawa Folk Festival and the Canadian Museum of Civilization have teamed up to host a candlelit, acoustic Earth Day Celebration at the Museum of Civilization on April 22. For more details: http://www.civilization.ca/cmc/whats-on/event-detail&EventId=843

For all your real estate needs - www.irenebilinski.com

Customer Service

2010-04-01T17:04:00.000-07:00

Customer Service is such an important factor in all types of business. Over the last few months I've been looking for a new vehicle and I visited all the dealerships in my area. Being a Realtor, I needed a dealership that would provide with quick after sale service, you know the oil changes, etc. So my hubby and I visited all of them and here are the results:

The first one - we entered the showroom, couple of sales reps standing around chatting and a couple more dealing with clients; we looked at the various vehicles on display, sat in a couple, tried to catch the eye of one of the sales reps but to no avail. So we walked out.

The second one - the sales rep was very friendly, very informed and someone that was trying to be helpful but didn't have the vehicle that I wanted in stock and didn't think he would be receiving any for a few weeks. Didn't offer to contact another dealer - so we walked.

The third dealership had a vehicle that I really liked and I liked the sales rep very friendly, let me borrow his own personal vehicle for the week-end, etc. etc. etc. but it wasn't as comfortable as I thought it would be.

At the fourth dealership, I know, its a long story, they had the vehicle that I thought I would like, once I tried it - it didn't have the power I wanted, so the sales rep suggested that I try a Jeep Liberty - I hemmed and hawed for a few minutes then tried and fell in love with it. Within days, I received the vehicle, and I am truly pleased with the performance. So a great big thank you to Orleans Dodge on Youville Drive in Orleans, ON and to Mark, James, Chris and everyone else that were helpful.

Also, I big thank you to Stephane Pare of Pathway Hyundai for all his help.

2010-03-31T12:43:00.000-07:00

Interesting story. Divorce situation owners need to sell and they select a friend of the family to represent them in the sale of their home. Nice 4 bedroom, double garage, hardwood flooring, painted in neutral colours, ceramic flooring in foyer and kitchen, granite counter tops in kitchen and all 4 bathrooms. Huge and I mean huge master bedroom with a four piece ensuite. A beautiful home but they need to sell. They want XXXX for the property – a bit much but still doable. The agent received 1 offer and it didn’t go anywhere because they absolutely wanted the asking price. Then when the listing contract expired I was contacted and listed the house lower than the original price. The Sellers blamed the previous agent but realized after a few Open Houses that the house was overpriced originally and that its not what you want its what a Buyer will pay for it that matters. Finally, after three offers that fell apart due to financing , we were able to come to terms on the 4th offer and everyone was happy. What did they end up with – exactly the same amount that was originally offered during the first listing. Lesson : The Sellers had to maintain the empty house for 4 extra months and ended up with the same amount.

Customer Service

2010-03-11T10:28:00.000-08:00

Basically, my business is driven by referrals. If my Customer Service does not meet my clients needs, then I will be in deep ........ What is customer service you may ask? Good customer service is the lifeblood of any business. You can offer promotions and slash prices to bring in as many new customers as you want, but unless you can get some of those customers to come back, your business won’t be profitable for long.

Here are some of the basics:

1. Answer your phone, your emails, etc. Communication is the KEY!
2. Under promise and over deliver - WOW THEM!
3. Listen and take note of their expectations?
4. Try and resolve the issues as they arise - its the little things that can make or break a deal.

Want more - www.irenebilinski.com

Rockland, Ontario

2010-03-10T12:39:00.001-08:00

Are you looking for a 2 bedroom condominium unit with underground parking? I have a beautiful one for sale in the lovely town of Rockland. It has 1.5 bath; in suite laundry, lots of storage and a beautiful open concept layout. For a showing www.irenebilinski.com

Convent Glen South

2010-03-10T12:36:00.000-08:00

Located on a beautiful crescent in Convent Glen South; a four bedroom with an ensuite for the master; large living and dining rooms; inground pool; pergola; gazebo; family room with a wood burning fireplace; and the lower level has two extra bedrooms plus a playroom for the kids on those rainy days. The laundry is located on the main level. For a showing give me a call and visit www.irenebilinski.com

Side Split - Orleans

2010-03-10T12:32:00.000-08:00

Are you looking for the perfect home in Orleans? Do you want an update kitchen, do you want a home that is in move-in condition? I have the perfect one for you. 1533 Duford St., Orleans has a garage, side yard, back yard and an inground pool and for those cooler evenings how about a hot tub. The kitchen is to die for and the 3 bedrooms are a good size. Check it out under "FOR SALE" on my website www.irenebilinski.com

FIRST TIME HOME BUYERS

2010-03-10T12:00:00.000-08:00

Everyone or most everyone would like to be a homeowner during their lifetime. So what do they do, well, on Sundays and sometimes Saturdays they drive around and look at model homes and Open Houses and start a list of their likes and dislikes. In reality, the best place to start is to retain the services of a real estate sales representative and ask for their advice and guidance. As trained professionals we can assist you with getting pre-approval; provide with information concerning properties that fall within your budget. Sometimes, we all need a reality check and your real estate sales representative is there to help you.

Remember most of us have experienced the purchase of a home on a personal level plus we also have the training - so we are there for the Mr and Mrs Buyer. Call us and we will help. Best of all there's no charge for this service as the sellers have already agreed with the listing agent to pay a portion of the commission to the buyer agent. Don't make the mistakes that we all have learned from.

www.irenebilinski.com

Ottawa Real Estate - Helpful Hint

2010-02-17T07:37:00.000-08:00

With the weather in Ottawa being hot, cold, warm, sunny, etc its is a good idea to remove the inside screens from your windows over the winter months. This allows more air to circulate around the inside of the window trim and sill area, thus reducing the incidence of molds and mildews. Molds tend to grow in high moisture areas. In the winter months extra moisture may condense on the colder surfaces of the glass. Adequate ventilation helps expel that moisture.
When you remove the screens do a quick check of each window and clean the sill and trim if you notice anything that may be mold or mildew. Dry the area quickly after cleaning.
Some home owners block off heating vents to certain rooms over the winter months to decrease heating costs, it is never a good idea to completely block off your vents for the same reason - ventilation helps to expel moisture that may contribute to mold and mildew in a home.
Moisture can cause an awful of damage over time - so that the necessary precautions and save yourself lots of headaches and $$$$$.
A well maintained home will always bring you a greater return when you are selling.

Title Insurance in Ontario

2010-02-11T08:22:00.000-08:00

What Does Title Insurance Cover?
For a one-time fee, called a premium, a title insurance policy may provide
protection from such losses as:
1. Unknown title defects (title issues that prevent you from having clear ownership of the property);
2. Existing liens against the property’s title (e.g. the previous owner had unpaid debts from utilities, mortgages, property taxes or condominium charges secured against the property);
3. Encroachment issues (e.g. a structure on your property needs to be removed because it is on your neighbour’s property);
4. Title fraud;
5. Errors in surveys and public records; and
PEACE OF MIND!

OTTAWA REAL ESTATE TIP

2010-02-01T12:31:00.001-08:00

I know you love your home and its time to move BUT if you are emotionally attached to your home - you will have a very hard time trying to sell it. What you must accept is that your home is a container in which you and your family live, create memories, etc. When you decide that this container no longer suit your needs - you must find another one.

There are many reasons to move i.e. downsizing, upsizing, transfer, divorce, etc. If you can accept that the home is a commodity it will be much easier for you. Here's a scenario, you purchased this beautiful home but decided that it would be best to sell it because its to far from work for both yourself and your spouse. At the same time, you decide maybe its time to downsize since the kids have left home.

So start packing - put away all those memories, family pictures, etc. DECLUTTER the house and at the same time you will be emotionally detaching yourself. Then call your Realtor (me) and listen to her advice and get the property listed.

If you need someone to assist you in the sale of your home and get as much as humanly possible in your pocket www.irenebilinski.com is the answer.

Haiti

2010-01-21T09:23:00.001-08:00

At our Annual General Meeting the agents were informed that in order to assist the people in Haiti - a challenge was put out to try and raise $10K in 10 days. At the Keller Williams Ottawa Realty Brokerage we are 260 agents strong and if everyone donates $50.00 we should be able to raise the money.
I would like to put forward a challenge to all real estate agents, mortgage brokers, lawyers to do the same and help the victims. Prayers and good thoughts are just not enough. Your helping hand is required.

For additional information: www.irenebilinski.com

Purchasing a Condo

2010-01-20T08:10:00.000-08:00

Condo Living - Important Things to Consider When Buying a Condo

Condominium units have become a wise alternative to owning a home. This is not surprising, as living in a condo can be more convenient than living in a house. A condo is ideal for individuals living alone, small families and older people. And because condos are smaller, they are less expensive to maintain.
Buying a condo with features that are in high demand will maximize the profit on your real estate investment and create an enjoyable condo living environment.
A condo with a view A spectacular view is an important factor in deciding the value of a condo unit. A unit with an unobstructed view of the cityscape or a lake is much more preferable to a view of an industrial building or a neighbour's kitchen. Condo buyers should check with the City to find out if there are approved plans for the construction of new buildings that would obstruct their condo's prized view.
Choose a south or west-facing unit that offers optimum light, which can make smaller spaces look larger. Balconies and patios provide desirable access to the outdoors, which is highly sought after by condo dwellers. Although these features will cost a premium, they are more than worth the investment, and will help getting a top price when it's time to sell.
Condo maintenance fees Buying a condo with a relatively low maintenance fee is a smart choice. Maintenance fees are a regular monthly expense and they tend to increase over time. Maintenance fees vary from condo to condo depending on what expenses are covered.
Many condos have amenities that include gyms, swimming pools, squash courts, party rooms or rooftop patios. The cost of these features will result in a higher monthly maintenance fee. Condo buyers should consider whether they will make use of these facilities in order to justify paying a higher maintenance fee.
High demand condo features Look for condos with modern kitchens and bathrooms that not only provide immediate aesthetic appeal, but are in great demand by buyers. Upgrading a kitchen or bathroom can cost anywhere from $2,000-$25,000 depending on what is required. Investment in a kitchen or bathroom renovation, however, is one of the best ways to increase the value of a condo as the renovation dollars will more than be reflected in the selling price.
Hardwood floors are a very popular feature in condos, not only offering a stylish appearance, but also providing a desirable, easy-to-clean alternative to stain-weary, allergen-inducing broadloom. Many sellers in fact replace the broadloom with hardwood before putting their condo up for sale in order to attract buyers.
Storage space Storage space is important because of the small size of the condo unit. Some condos include a storage locker in the common areas of the building. Make sure there is enough space for your essential seasonal items – such as a bike, skis, snowboard, hockey gear, baseball equipment, Christmas tree, etc.
Car parking Parking spaces may or may not be included with a condo. As parking in large cities can be scarce, a condo that has a parking space included is a very good investment. Keep in mind that the price differential for condos with a parking space is $10,000-$15,000, but parking spaces may be rented out to other condo dwellers.
Ensure that the building has ample visitor parking or that there is available street parking in the neighbourhood. Many condos in the downtown core provide no visitor parking, leaving the costly option of parking in a public parking lot.
Building construction and venting Is the condo a concrete or wood frame complex? This makes a huge difference in noise and overall fire safety. In addition to generally being safer, concrete buildings have less suite to suite noise, meaning you will rarely ever hear your neighbour. Wood frame construction will make you susceptible to hearing side to side and up and down.
Kitchen and bathroom venting is also important. Does the stove hood fan vent outside the complex or does it circulate? Some older complexes ventilate throughout the complex instead of outside.Walking down your hallway smelling what everyone is or has been cooking would not be a pleasant fragrance. If the building has air conditioning, verify if it is regulated in the suites and hallways, and make sure that the air is recycled.
Building security While having a security guard on site does provide added security, keep in mind that this expense will increase the maintenance fee.
Owner occupancy rate. Finally, it is also important to take the time to find out who occupies the other units of the complex. Owners occupying their suites have an invested interest into the building and typically take better care of common areas.
Unfortunately, there seems to be a trend in many complexes for units to be occupied mainly by renters. This can create a problem when the occupants have very little pride of ownership; making it almost unbearable for those who have paid good money for their own units.

Mortgage Rates

2010-01-15T07:39:00.000-08:00

Canadian mortgage borrowers not taking 'undue risks'
By Paul Vieira, Financial Post January 14, 2010
OTTAWA -- Despite concerns about a Canadian housing bubble and high levels of household debt, a survey commissioned by the country’s mortgage brokers suggests Canadians are exhibiting prudence when borrowing from a home. The survey, released Thursday by the Canadian Association of Accredited Mortgage Professionals, indicated the vast majority of home buyers, at 86%, were opting for fixed-rate mortgages over variable products. Moreover, 70% of people surveyed opted for terms of at least five years or more -– a signal that buyers realize
interest rates are headed upward and want to capitalize on the record-low borrowing costs for as long a period as possible. They are being prudent and the vast majority of Canadian mortgage
borrowers are not taking on undue risks. They have factored rising interest rates in to their mortgage decisions. The results emerge after senior officials at the Bank of Canada said that it was “premature” to talk about a housing bubble in the country. Still, the central bank has warned about rising household debt levels and consumers’ ability to finance that debt once interest rates begin their climb back upward. The findings also indicated that the majority of people who took out their first mortgage last year borrowed less than they could afford to, as their debt service ratios are below allowed maximums.

Home Renovation Tax Credit

2010-01-13T08:18:00.001-08:00

The Home Renovation Tax Credit (HRTC), introduced in the 2009 federal budget, applies to home renovations that are completed, and goods purchased, between January 27, 2009 and February 1, 2010. The HRTC applies to eligible expenses of more than $1,000, but not more than $10,000, resulting in a maximum non-refundable tax credit of $1,350. So if you’re planning to purchase goods to use in home renovations (such as flooring, windows and doors, furnaces, central air conditioning units, and so forth) or you will be hiring a contractor or tradesperson to do renovation work on your home, keep in mind that the purchases and the work must be completed prior to February 1 of next year in order to qualify for the tax credit. For more information about the HRTC, visit http://www.cra-arc.gc.ca/hrtc/.

MPAC

2010-01-13T07:15:00.000-08:00

How MPAC Assesses Properties - MPAC’s mandated role is to accurately value and classify all Ontario properties in compliance with the Assessment Act and related regulations. To establish a property’s assessed value, MPAC analyzes property sales in a community to determine the CVA. This method is used by most assessment jurisdictions in Canada and throughout the world. When assessing a residential property, we look at all of the key features that affect market value. Five major factors usually account for 85% of the value: location; lot dimensions; living area; age of the structure(s), adjusted for any major renovations or additions; and quality of construction. Examples of other features that may affect a property’s value include: number of bathrooms; fireplaces; finished basements; garages and pools. Site features can also increase or decrease the assessed value of your property such as traffic patterns; being situated on a corner lot; and proximity to a golf course, hydr! o corridor, railway or green space.For more information on how MPAC assesses property, please visit www.mpac.ca.

Open Houses -

2009-12-30T06:10:00.000-08:00

Open Houses hosted during the week can be quite effective and bring interested parties to the house. On occasion its good to mix it up and instead of having an Open House on a Saturday or a Sunday from 2:00 p.m. to 4:00 p.m. I have one on a Wednesday or Thursday. Its the middle of the week, people are travelling from home, school, etc. and might just stop in and .....
Last year, I decided to host an Open House on a Thursday evening from 5 p.m. to 7 p.m. The property was located near a movie theatre - so I placed the Open House signs strategically and waited. What a success - I received two offers and sold the property that night. One offer came from a neighbor and the other from folks going to the movies and were interested in purchasing a home in the area. Multiple Offers - YES! The Sellers were ecstatic!
Open Houses do sell homes not as many as other marketing techniques but if you don't try, you will never know. If you are looking for a real estate agent that works outside of the box visit http://www.irenebilinski.com/ and set up a meeting.

Ottawa Real Estate Update

2009-11-11T09:09:00.000-08:00

“Opportunity is missed by most because it is dressed in overalls and looks like work.” – Thomas Alva Edison

Ottawa Housing Market

2009-11-09T12:01:00.000-08:00

Ottawa Housing Market is just booming and if a house stays on the market longer than 10 days - its either overpriced or its condition isn't appealing.
I have a couple of Buyers looking to purchase a townhouse and we missed one by 'THAT MUCH' so we are still looking. On Sunday, we visited a comparable home but even though the layout was good, the house hadn't been cleaned and to look at someone else's laundry is certainly not appealing.
So, we are still looking of if someone was a very nice, clean, 3 bedroom townhouse (freehold) in the Orleans, ON area, please let me know.
Ottawa Housing Market is sizzling!

The purpose of an Open House

2009-11-05T08:09:00.000-08:00

The purpose of an Open House is to market your sellers home and to get new clients for the hosting Real Estate Agent. A little over 1% of homes are sold at Open Houses and all the marketing tools available to Real Estate Agents must be used to give your Sellers the full service they are entitled to.

For more information on how I market my listings - contact me at 613.858.1151 for a free evaluation and a chat about my marketing tools.

Desperate Home Buyers - Ottawa Real Estate

2009-10-27T05:42:00.000-07:00

In Ottawa, Ontario and surrounding areas, the real estate inventory is so low that Sellers are asking for longer closing dates just so that they can find something to buy. Blessed are those that are moving away from Ottawa because its seems there's more inventory in other cities.
If you know of anyone in Ottawa thinking of selling this is a fantastic time to make that decision, multiple offers which = over asking price.
So, if you are a desperate home buyers - don't despair - it will take a little longer but something will come up - SOMEBODY will list their house today and you might be the lucky one

Home Buyers - Getting to know you!

2009-10-26T15:13:00.000-07:00

You've met with your Real Estate Agent (REA) and you given her/him your list of wants and needs, the area you wish to live in and your budget. The REA provides you with potential homes that might meet your needs.
When you go out on your first few showings this is where your REA will get to know you - from the comments you make about the style of housing, the kitchen lay-out, the flooring, the colours, etc. So, share your thoughts - this will assist your REA in finding the right home for you. Its OK to change your mind - you might find out that you prefer an open concept kitchen to a galley kitchen, you might prefer the fireplace in the family room instead of the living room, you might prefer an ensuite - the search criteria can be changed - its OK - its part of your REA's job to adjust the search to reflect your needs.
Home Buyers - speak up - share with your REA.

Selling your home

2009-10-21T08:06:00.000-07:00

Selling your home. When I'm showing houses to potential Buyers - they always, always ask the same question - WHY ARE THEY SELLING?
My standard answer is "because they are moving on". But usually its something else, they purchased a new home; downsizing; moving to another city or out of the country; divorce, death, illness. Its not important why people are selling, the important thing is whether the house meets your wants and needs. If it does, ask your real estate agent to prepare comparables for you and make an offer.
The other question I have from Buyers - I like it very much but what if there's something better, cheaper, bigger, etc out there. Yes, there might be something else but there might not be and because you are procrastinating you might miss out of the nearly perfect house for you.
Sellers ask - Why don't they like our house or why haven't we received an offer? Answer - could be the lay-out, lack of updates, finishings, facing the wrong way, to close to things, not close enough. There are many reasons. There is a Buyer for every home if its priced right, in the right area for that Buyer and looks good. Selling your home is stressful but a good real estate agent will reduce the stress and make it happen.

Tips on getting your home ready for fall/winter

2009-10-20T09:37:00.000-07:00

Here are a few tips to get your home ready for fall/winter. While walking around today and getting to know a neighborhood, I chatted with a few people and some were raking leaves, others were getting their patio furniture stored away and others are even putting up Christmas lights since the weather is so nice.
Here are things that you might want to do before the cold sets in:
1. Drain outdoor hose taps;
2. Cover outside a/c
3. Remove window screens for inside casement windows to allow air flow to prevent condensation on windows.
4. Cut back roses, shrubs, etc.
5. Put up your Christmas lights.
6. Clean your gutters
7.
If you're thinking of selling your home in the Spring - think of me.

Ottawa Real Estate Tip

2009-10-19T14:51:00.000-07:00

You need at least three (3) WOWS from a Buyer before an offer is presented. This is how I see it.
When putting your house on the market - remove the rose coloured glasses. I know its hard to be objective about your own home but that's what you need to do. When you drive up to your home, is the front lawn neat and your home inviting? Is your mailbox old and rusted or have your replaced it recently. How about your house numbers - have they been updatedd. Are you windows sparkling and your front door freshly painted? Those are all important things when selling your home - It's called Curb Appeal and its the first thing people see. There's your first WOW!
There should be a nice fresh clean smell when the Buyers enter the home. The next most important part of the house is the kitchen. Is everything neat, counters cleared, appliances finger print free, floor freshley washed? The kitchen is where your second WOW should occur.
The Master Bedroom is another WOW factor - is it a room that is welcoming where the owners, after a very busy day, can rest their weary heads and relax.
Other areas that might help in the WOW factor are bathrooms, finished basements and gardens.
Let your real estate agent help you - Its their job to make your home as appealing to the general public as possible and to get your home sold at a fair market value in the shortest possible t

Ottawa Real Estate Update

2009-10-15T13:25:00.000-07:00

OTTAWA – October 15th, 2009 – National resale housing activity climbed to the highest level of any third quarter on record.

Actual (not seasonally adjusted) home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards totalled 135,182 units in the third quarter of 2009, according to statistics released by The Canadian Real Estate Association (CREA). This is the highest level of activity on record for the period from July to September. The number of transactions was up 18 per cent from the third quarter of last year, representing the biggest year-over-year increase since early 2002.

Selling your home

2009-10-14T10:38:00.000-07:00

You've decided to sell your home and you figure it can't be that hard. I'll just put a sign in front, do Open Houses every Saturday and Sunday and someone will come along and make me an offer. Yes, you can do that but how many people will actually drive by your house and see your sign? Most people do their research on-line and then pick up the weekly MLS Real Estate Paper to decide which properties they want to see. Yes, they might stumble upon your home but chances are they won't. How will you pre-qualify the potential buyers? And, how will you establish your property's worth.
What do real estate agents do for you? Well, they start by giving you an evaluation of your property based on fair market value. They will assist you in getting your home ready - we know what home buyers are looking for. Ensure that your home is marketed in all the venues available i.e. MLS, websites, paper advertising, magazine advertising, etc. Pre-screen potential buyers to ensure that they can really afford your home and not just tire kicking. Tire-kickers can come to Open Houses.

Let the professionals sell your home!

Home Buyers in Ottawa (New build)

2009-09-29T07:24:00.000-07:00

Home Buyers in Ottawa

If you are considering purchasing a new home (new build) - its very important that you ask a real estate agent to accompany you and assist you in your decision making. The sales representatives working the the builder - WORK FOR THE BUILDER - THEY GET PAID BY THE BUILDER. Your Real Estate Agent will tell you which builders have a great reputation, who has the best product, advantages of selecting one builder over an other, if there are any issues with certain areas, assist you with the lot selection - DON'T BE FOOLED. When it comes time to sell, the location might be your greatest obstacle.

Remember, we work for you and have your best interest at heart. Who pays for our services, most builders have a referral fee.

www.irenebilinski.com

Home Staging by a Professional

2009-09-23T05:49:00.000-07:00

HOME STAGING – hire a professional

Home Staging is an art – not something that everyone can do well. Let me explain. Last night I did a listing presentation and the sellers were wondering why their home did not sell when previously listed. There were several factors involved: (1) overpriced (2) no staging appeal and (3) errors on the feature sheet. Staging a home makes it more appealing to the buyers looking for a home in a certain area within a certain budget. Instead of hiring a professional home stager, the previous agent asked the sellers to declutter and they did, but to the point of where the house was basically bare of any character, charm – the WOW factor was missing.
It’s very important that the sellers are provided with the right tools to help them to sell their home. That includes: home staging by a professional; virtual tour/photos by a professional and marketing of the home by a professional. Great team-work makes the sale easier.
My job is to assist the sellers in selling their home and to use all the tools available to me to do so. If things are done right i.e. pricing, condition and location there is no reason why a home won’t sell. Always use the services of a professional. www.irenebilinski.com

Home Buyers - Who is your Ally?

2009-09-21T07:12:00.001-07:00

HOME BUYERS – WHO IS YOUR ALLY?

Home Buyers – who is your ally? There are several people that will work with Home Buyers to ensure that all their interests are protected. Who are they?

1. Mortgage Broker / Banker: This individual will review your financial situation and determine what is the maximum price you can afford to pay for a house. How do they determine this: Credit score, assets and outstanding bills.
2. Real Estate Agent: Your REA will assist you in finding the right home within your budget. She will sit down with you and discover what are your needs and wants. The area in which you wish to live, schools, etc. Once that is done, she will provide you with a list of potential properties and after reviewing the list, you will select the ones you wish toview. When you find the ONE, she will prepare an offer and negotiate the best price and terms on your behalf. She will also ensure that all the documentation is forwarded to the key people that will be helping you in closing the deal i.e. mortgage broker, home inspector and lawyer.
3. Home Inspector: Your home inspector will go over the house with a fine tooth comb (visual inspection) and then provide you with a final report. During the inspection you should be present so that you can be informed about all the details and ask questions as you are going along. Should any major issues come up, then you REA will contact the Seller’s Agent and either renegotiate the price or have the Seller complete the work.
4. Lawyer: Your lawyer will review the Agreement of Purchase and Sale, search the title, prepare the mortgage documents/transfer and discuss such things as Title Insurance, Adjustments, Land Transfer Tax, etc. Once all is in place, then the monies will be transferred, documents registered and keys received. Voila – you are now a home owner. Congratulations!

Homes Sales in Ottawa

2009-09-18T12:16:00.000-07:00

How Sellers set their asking price!
For you to understand how much to offer for a home that might be the ONE, you need to know how sellers price their homes. Here are 3 strategies:

1. Overpriced - Most sellers believe that their home is worth more than the true market value, and if its overpriced, chances are that it will sit on the market and then become stale and potential buyers and real estate agents will either avoid it because they believe it is "troubled" or use it as a comparative for other homes. The seller will be inconvenienced - keeping the home neat - for showings which will result nothing.

2. At Market Value - Some sellers understand that if you price a home at market value then the home will sell within a reasonable period of time and very close to the asking price.

3. Priced below the fair market value. These homes attract multiple ofers and sell quickly - within a few days and usually above asking price.

Ottawa Real Estate

2009-09-14T06:54:00.000-07:00

HOME INSPECTION

The Real Estate Industry and smart homebuyers know the importance of a "Professional Home Inspection." Smart homebuyers want to know what the physical condition of their potential home purchase is. They want to avoid buying the proverbial "Money Pit."The home’s location and visual appeal are what motivates buyers, and they may believe it appears to be in excellent condition. However, unknown, costly deficiencies often exist, which the buyer should know about before purchase. Therefore, they should hire a trained and qualified Home Inspector. The Inspector can detect any problems, and convey the true condition of the property in the form of a written report.

PRE-LISTING HOME INSPECTION

Its the wise seller that not only gets his home ready prior to lising it i.e. curb appeal, de-cluttering, staging but also has the home inspected for any issues that the ordinary person doesn't necessarily see and know that it might be a potential problem. This permits for the home owner to do the repairs prior to listing the home and the result - less haggling over the price.

Home inspections are an important tool for both the buyers and sellers.

Your realtor www.irenebilinski.com

Ottawa Real Estate

2009-09-12T07:02:00.000-07:00

At some point in life we have all been counterproductive to our own success. Some people only learn their lessons the hard way, through trial and error. For many home buyers this process has cost them thousands of dollars - be smart.
Make a list of all the things you are looking to find in your new home. Organize this list based and the MUSTS and things you can live with and upgrade later. A carpet can be replaced with hardwood, less expensive than adding a garage.
Pre-Approval : Knowing your price range before you get started talk to your mortgage broker for a pre-approval so that you will know which range you can afford to shop in. No point in wasting your time on properties you can't afford. Nice to look but real estate is REALITY.
BUYER AGENT: Having a buyers agent on your side is a great asset for home buyers. A buyers agent is dedicated to helping you find the home that has most of your wants and needs in your price range. Give your agent all the qualities you are looking for and let them do the work for you. Your BA will set you up on an mailing list which will provide you with the homes within your budget in the area that you are looking with most of your wants and needs. From that list you can ask your agent to set up viewings of the homes you wish to see. Your agent is also your ally during the negotiation process as well.

THE DANGER OF WORKING ON YOUR OWN is that you might and most probably will OVERPAY. Be smart call your agent or me www.irenebilinski.com

Ottawa - Real Estate

2009-09-11T06:32:00.000-07:00

Prepping and staging a house. Every seller wants her home to sell fast and bring top dollar. Does that sound good to you? Well, it's not luck that makes that happen. It's careful planning and knowing how to professionally spruce up your home that will send home buyers scurrying for their checkbooks. Here is how to prep a house and turn it into an irresistible and marketable home.

1. Remember its no longer your home but a piece of real estate (Harsh but true)
2. Declutter (pack, give away, hold a garage sale) JUST DO IT!
3. Now that its decluttered - CLEAN, SCRUB, POLISH AND SPIT SHINE
4. Make all minor repairs (faucets that leak, scratches & dents on walls, update light fixtures)
5. Now do the same outside (new mat at front door, new mailbox, wash windows, cut grass)

For more information about selling your home give me a call.

For a free book on how to stage your home - www.irenebilinki.com and send me a quick e-mail.

Ottawa Real Estate

2009-09-07T07:29:00.000-07:00

This is the last day of the 2009 September long week-end, most of the kids are in school, people are starting to get settled in for the fall and winter months to come BUT there are some people that are looking to purchase a home. If you have been thinking of selling your home, this is the best time.

Inventory is low, interest rates are low - do it now!

For all the your real estate needs whether you are thinking of selling or buying give me a call - www.irenebilinski.com

Ottawa Real Estate

2009-09-06T07:29:00.000-07:00

August was another great month for Real Estate Sales in Ottawa. If you have been toying with the idea of selling this year, there's still a huge demand for good homes. Many potential buyers are looking to purchase a home before winter sets in.

So be assured that if your home is in a great location, in good condition and is priced right - you will probably be able to sell it within 30 days.

For all your real estate needs - give me a call !

www.irenebilinski.com

Ottawa - Real Estate

2009-08-26T07:23:00.000-07:00

Properties are selling quickly and quite often - above asking price. Why? Well couple of things are going on - the inventory is low and there are more buyers than sellers.

So, if you are interested in listing your home - now would be a great time. Give me a call, lets set up a convenient time and I can provide you with an evaluation of your home.

Looking forward to hearing from you. www.irenebilinski.com

Ottawa - Real Estate

2009-08-25T05:04:00.000-07:00

PRICING

Here's the scenario, the house across the street which backs unto a park, has beautiful landscaping, hardwood floors, renovated kitchen, professionally finished basement, neat as a pin - you're getting the idea! Sells for XXXX in 10 days - WOW!

Your house backs unto a busy street, has beautiful landscaping, hardwood floors, renovated kitchen, professionally finished basement, neat as a pin - again, you're getting the drift of my thoughts. Its not selling! SURPRISED? why? Its ovepriced - you can't compare your home to another home because no home is exactly the same (location, condition). You can't compare your home to new builds, you can't compare your home to the one across the street.

Every home is unique and will be priced as such. Sellers need to be realistic. You might enjoy your home and its location - others don't know your home and can just go on what they see.

www.irenebilinski.com

Ottawa - Real Estate

2009-08-21T05:40:00.000-07:00

FIRST IMPRESSIONS!

The potential buyer arrives at the house, what does he see ? - weeds, old newspapers in the mailbox, dirty windows and a door that would need a coat of paint. FIRST IMPRESSION: Negative

So, we enter and there's shoes at the entry and there's a bit of a smell from the last meal that was cooked. All the lights are off and blinds closed. SECOND IMPRESSION: Negative

Chances are that the balance of the house will be in the same state and the house will NOT make the buyer's short list.

Its difficult to continue living your life while trying to sell your home but the quicker it sells the faster you can go back to living! So, help your real estate agent, and get your home ready for sale.

If you need help: www.irenebilinski.com

Ottawa - Real Estate

2009-08-17T05:24:00.000-07:00

VIEWING HOMES!

While showing homes to several buyers, I noted the following in the houses we visited:

1. Clutter
2. Lights were turned off - on a sunny day - not bad but on a cloudy day - makes the home uninviting.
3. When its hot - TURN ON THE AIR CONDITIONING! Make your home comfortable!
4. Take out the garbage.
5. Make it sparkle.

www.irenebilinski.com

Ottawa - Real Estate

2009-08-10T13:03:00.000-07:00

Well folks the news is out! Yes, Ottawa has sold more homes in July 2009 than July 2008 - so where is the recession?

People this is the time to buy! The rates are still low - this is your opportunity to be a first time home buyer, purchase your first investment property become real estate rich!

For your information about real estate contact me at www.irenebilinski.com

Ottawa Real Estate

2009-08-09T07:53:00.000-07:00

Can you believe it - Its nearly mid-August and I haven't had time to do all the summer things I wanted to do.

Even with the rain, my garden is blooming and I think I will be the winner with the tomato plant competition between my husband and I.

Ottawa is a beautiful city to live in and if you would like to receive additional information or would like to speak to a someone that knows the area and can assist you with your real estate needs whether you are selling, buying or investing - visit - www.irenebilinski.com

Ottawa - Real Estate

2009-08-05T07:31:00.000-07:00

IMPROVEMENTS THAT ADD VALUE TO YOUR HOME

Kitchen - new cabinets, countertops, appliances, lighting, flooring (80 to 110% recovery).

Bathroom - new fixtures, floorings, countetops, new sink, etc.. (80 to 115% recovery).

Room addition - type of room on main floor (50 to 110% recovery).

Converting basement or garage to living space - again it depends on type of room (25 to 40% recovery).

Adding a deck - based on size, details i.e. trellis work, etc. (40 to 60% recovery).

In-ground pool - average pool size (16' x 32'). value added depends on desirability to future owners (banks usually do not include pools in mortgage appraisals). (0 to 25% recovery).

For more information: contact www.irenebilinski.com

Ottawa Real Estate

2009-08-03T05:43:00.000-07:00

Home Staging is preparing the home to make it more attractive to the general public. Your home is now a product that needs to be dressed up or down to make it stand out from all the other homes that are presently on the market. The next step, is to ensure that its priced right so that it attracts as many potential buyers as possible within the price range. If you overprice it by 10% you will lose 30% of the buyers but if you price it at market value and its properly staged you will attract 60% of the buyers.

Lets work on making your house a property that will get the best price in the shortest period of time. www.irenebilinski.com

Transfers to Ottawa

2009-08-01T06:34:00.000-07:00

ARE YOU MOVING TO OTTAWA???

If you have been posted or transferred to Ottawa OR just decided it was time to live in the Nation's Capital of Ottawa then you really should look at our web site.

Our entire team is dedicated to making your move as easy as possible. We will have a team member clear his/her calendar to be available for you while you are here looking for your next home. We understand how stressful it can be and that is why we make ourselves available for the entire time you are here. Our bilingual team is there to assist you so we can easily communicate to meet all your needs. Visit our web site ( www.Moving2Ottawa.com ) and you will get all the information you need. We can send you the FREE relocation kit with more detailed information. You can also call us toll free at 1-877-241-6883.

FOR FRIENDLY, HARD WORKING, BILINGUAL SERVICE www.Moving2Ottawa.com is there for YOU!

Ottawa - Real Estate

2009-08-01T06:26:00.000-07:00

You've decided to purchase a house and have contacted a real estate agent to help you in your selection. The agent sets you up on the automatic notification system and on a daily basis or weekly depending on your request, you receive listings of properties that meet your criteria.

Then, a few weeks later you decide that you want to see a few of them, you call your agent and guess what - most of them are sold and you are dissapointed. Please remember that hundreds of people out there are looking for a similar home.

Lesson: Early bird gets the worm. Give your real estate an agent as soon as you see something of interest, book a showing and if its not the one - then at least you will know.

Ottawa Real Estate

2009-07-31T11:47:00.000-07:00

What to do when you have the opportunity to list a beautiful home but there's so much clutter that you can't see the flower amongst all thoses leaves.

Some sellers actually think that their precious little collections will make the home more attrative to potential Buyers. Folks, the buyers are purchasing your real estate not your figurines, family photos, books, gadgets.

As Real Estate Agents - we market your home and we need your help in staging it so that it looks like a model home. As a seasoned agent, I always have a home stager assist my Sellers with the preparation of their home.

For more info www.irenebilinski.

Ottawa Real Estate

2009-07-29T07:40:00.000-07:00

How to select your Realtor?

1. Ask some friends, neighbors or family who they've used recently or another source would be your mortgage broker.
2. Interview a few Realtors - do you feel comfortable with them? Ask for recent references.
3. Ask if they can show you a few homes before signing a Buyer Agency Agreement (this is part of the interview process).
4. Think about it for a few days and then make your decision.

Remember your Realtor is working for you and must meet your needs.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-28T08:18:00.000-07:00

Myth #10

Agents get a finder's fee from Lenders/Lawyers/Inspectors

A fee paid to a person or othr entity for information that initiates a business transaction. Various types of finders' fee or referral fees can be generated from real estate transactions, the most comon involving listing/selling properties and arranging financing. The Code of Ethics of The Canadian Real Estate Association sets out guidelines concerning disclosure of such fees or other money received, other than from the client.

Ask the question when working with your Realtor.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-28T04:35:00.000-07:00

Myth #9

Agents should know everything about every neighborhood

Realtors sell real estate and have general knowledge about most neighborhoods but as a buyer you must also take the responsibility of doing your homework about where you want to live, where the schools are located, crime rates, etc. Your Realtor can direct you where to find this information but in the end the decision is yours.

As a Realtor we can tell you about the houses you have selected, prepare a comparative market analysis, give you some information about the builder, if the information is available, that type of thing. Help you in your decision about your selected house but the rest is basically your responsibility. Before signing on the dotted line, drive by the neighborhood a few times, in the morning, evening and on week-ends. See the activity, if your are looking for an adult community then living near a school wouldn't be ideal for you.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-24T05:50:00.000-07:00

Myth #8

AGENTS WILL SAY ANYTHING TO MAKE THE SALE

Yes, some do but don't discard the whole basket because one apple is rotten. Top producing agents who enjoy their work and their solid reputation in the community and practice real estate honestly and truthfully are very careful to uphold a client's trust.

Making false statements is against the law. Agents who break fiduciary relationships or fail to disclose certain facts about a property are subject to lossing their license to sell real estate.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-23T06:48:00.000-07:00

Myth #7

Agents sell their own homes for more than than Yours! Busy agents don't have the time to waste when selling their own homes. They also understand that if a home isn't selling within a reasonable period of time, it means only 3 things OVERPRICED, NEEDS TO BE STAGED, OR ITS IN THE WRONG LOCATION.

I know first hand that when an agent put his/her home for sale, they will make the price quite attractive for potential buyers and sell it quicker. Everyone is looking for a deal - the Buyer and the Seller so pricing at fair market value is the best deal for all concerned.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-22T05:53:00.000-07:00

Myth #6

ALL REAL ESTATE AGENTS MAKE TOO MUCH MONEY

The Canadian average is that real estate agents sell somewhere between 7 to 11 houses per year and their average salary once all expenses are paid is about $32,000 per year. The real estate agents pay for all marketing and advertising of the listed houses; business cards, letterhead, envelopes, etc. Then, once the house is sold, the commission is split with the Buyer's Agent and from that half 30% is paid to the Brokerage, add rental space of the office, photocopies, stamps to name a few other expenses.

Yes, there are a few that make an excellent living but that's not the average. Keeping this in mind when asking a real estate agent to cut his/her commission is like someone asking you to work for free.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-20T04:54:00.000-07:00

Myth #5

An Agent's Home Inspector will always favor the Agent

Any agent that wants to keep selling real estate wants disclosure. Why? Because she wants what is best for her client but also, and this is important to remember, she doesn't want to be sued.

A buyer is always better off knowing the truth about a house. I always encourage my Buyers to ask friends, family for names of inspectors but will also provide them with three referrals. Buyers should work with inspectors that they are comfortable with.

www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-19T11:09:00.000-07:00

Myth #4

Listing Agents must show you homes on demand!

Listing agents represent the seller and therefore, unless they have a signed contract with you (Buyer's Agency Agreement) it is recommended that you set up an appointment to view the house with your own representative.

Even though a house is on the market, the sellers' schedule must be respected. If an Open House is scheduled then you can go and see it but otherwise, an appointment with your own agent is recommended.

For more information regarding your own representation www.irenebilinski.com

Top 10 Myths about Real Estate Agents

2009-07-17T05:27:00.000-07:00

Myth #3

Less Commission you pay - the more you make?

Discount brokers claim to save sellers money by charging less. Top selling agents do not discount services Why?

Less than full service agents can't afford to market your property when they give a 2% discount which usually equates to less for your selling price. Full exposure via good marketing gives you a fair market value for your home and even. Remember the old saying "YOU GET WHAT YOU PAY FOR"

Top 10 Myths about Real Estate Agents

2009-07-16T07:21:00.000-07:00

Myth #2

The more you pay for a House, the more an Agent makes

Did you every hear that? That's a bit of a misunderstanding because the difference between $300K and $310K is about $500 less expenses which works out to about $200.00 that the agent puts in his/her pocket. Do you really think that $200 will make a huge difference in an agent's life. The objective is to sell the house and obtain a fair market value for the Seller.

For additional information: www.irenebilinski.com and lets have a talk.

Top 10 Myths about Real Estate Agents

2009-07-15T08:43:00.000-07:00

Myth #1

Real Estate Agents are ALWAYS late!

FALSE - there is no excuse for a professional to be tardy. NONE. Every person deserves respect by providing what is promised and being on time. If your agent has a deluded impression of her/his importance - I suggest you look for someone else. A few bad apples give the entire industry a bad rap.

For someone that's always on time - www.irenebilinski.com

Why a mortgage broker?

2009-07-07T06:04:00.000-07:00

Mortgage brokers are professionals whose primary knowledge and expertise is mortgages.
Rather than working for one financial institution, they are independent and deal with many
different financial institutions, including major banks, credit unions, trust companies, and
private lenders. This allows them to offer you more choices and more competitive rates. It also
means their advice is impartial and based your best interests!

While you may not enjoy negotiating with financial institutions, that’s their specialty. They make sure you get the most attractive offer to suit your individual circumstances.

For more information on mortgage/buying/selling: www.irenebilinski.com

Purchasing a home

2009-07-06T10:00:00.000-07:00

When purchasing a home there are many things that must meet your needs - there's the basic ones i.e. location, price and condition (good and/or bad) but there's also how does the house feel, does it have the right flow for you and your family. Are the garage entry/powder room/closets in the right location? Does the kitchen have enough cabinets and can you see yourself preparing dinner there? Is the family room/living room the right size? Can the dining room accommodate your family get togethers?

A house is much more than the price. For more information contact: www.irenebilinski.com

Realtor's Commission

2009-07-02T07:22:00.000-07:00

Discount Realtors - What do they do for you??

Well not much. Basically, put the house on MLS, handle the paperwork when an offer comes in and that's about it. Might do an Open House. They do not pre-screen buyers to ensure that they are pre-approved to purchase your home.

You are responsible for:

1. Setting up the appoints and do the showings;
2. Deposits are held by your lawyer; you must bring it to the lawyer;
3. You are basically responsible for most things.

If you are looking for someone that works for you and with you - visit: www.irenebilinski.com

Curb Appeal - Summer

2009-06-30T10:20:00.000-07:00

When selling your home "you never get a second chance to make a first impression". You don' t know how many times, I've arrived at a property to find, cobwebs, old newspapers, uncut grass, weeds, etc. on the front steps to greet my potential Buyers.

You want your first WOW at the front door, even before the potential Buyers leave their car. The second WOW should be in the foyer (put away the shoes, empty the closets, dust, wash, clean - make everything sparkle).

A few simple tips and technicques that can positively affect your home's "curb appeal" and perhaps enhance the value of your home.

For additional information - you may contact me via www.irenebilinski.com

Home Ownership

2009-06-30T10:07:00.000-07:00

Many people ask the question - should I upgrade to hardwood when changing my flooring. Here are a few things you should consider.

In my opinion, if you upgrade to hardwood you automatically increase the value of your home; however, if you have dogs in your home, I would consider a high end laminate flooring. Looks good, easy clean-ups and the floors remain in good shape.

If you don't have dogs - then certainly go with hardwood and I would consider a medium stain. Not everyone likes the dark wood and not everyone likes the light wood - so go mid-range.

If you require additional information, feel free to contact me via www.irenebilinski.com

Home Ownership #2

2009-06-29T07:04:00.000-07:00

Did you know that Nationally 85% of people believe that even though ownership means more work and responsibility 83% of Ottawans believe its worth it.

If you are looking to purchase a home, visit www.irenebilinski.com

Home Ownership

2009-06-28T07:08:00.000-07:00

Did you know that Nationally 84% agree with the statement"owning a home provides a greater senses of emotional well-being and security". In Ottawa 81% with that statement.

Do you agree? Would you like to be a home owner? Do you need someone to assist you, guide you - yes, hold your hand through the process?

Give me a call www.irenebilinski.com

DECLUTTERING YOUR HOME - Step #3

2009-06-26T05:21:00.000-07:00

Let's start at the front of the house -

If there's a cigarette butt can - remove it.
If your recycling bin is locate on the porch - move it to the garage.
If there are weeds in the pathway - remove them. Try a brine solution of 2 parts salt & 1 part water - Stray and in a couple of days the weeds should be gone.
If there are toys, shoes, bicycles laying around - store in garage - neatly.

For more information on how to prepare your home for sale contact www.irenebilinski.com

DECLUTTERING YOUR HOME - Step #2

2009-06-23T13:30:00.001-07:00

When your Realtor suggests to you to put away all your personal items i.e. wedding pictures, pictures of the family, all the gifts that everyone gave you over the years, please do so. She's trying to help you ! As you are moving anyhow - why not get started with the packing?

When potential buyers come into your home - they need to visualize themselves and their belongings in your house. They can be distracted very easily and we need them to concentrate on your house. So folks, listen to the professional she knows, she's done it hundreds of times.

For more information on how to get your house ready for sale - www.irenebilinski.com

How to de-clutter your home

2009-06-19T12:08:00.001-07:00

START WITH the “no-brainers.” Toss old newspapers, things that are broken or have missing parts, and clothing items that are permanently stained or damaged OR YOU HAVEN'T WORN IN OVER A YEAR. If you can devote 10 minutes a day to this process, (and even the busiest person has 10 minutes a day) you’ll be amazed at how much progress you can make in even just one week. The important thing is to block out time every single day to do it.

When to start: TODAY! Remember - one room at a time and before you know it - it will be done! Have a I'm moving party - and ask your friends to take one thing with them when they leave. Set up a give-away table - what's left-over - Toss-it or bring to the Salavation Army or other charitable organizations.

www.irenebilinski.com

Lead water pipes

2009-06-17T05:00:00.000-07:00

Most homes in Ottawa that were constructed before 1955 have lead water service lines. A water service line is the service pipe that connects a house to the city’s water main. Both lead and copper piping were used up until 1958 when copper water service lines became the standard. In Ottawa, the ownership of a water service line is shared between the city and the property owner. The portion of the water service under the street and sidewalk belongs to the city, while the property owner is responsible for the portion under their private property.The city has a lead pipe replacement cost-sharing program to assist property owners who wish to replace their pipes. The property owner pays for the portion of the replacement service on their property; the city pays the balance. The estimated cost for the property owner to replace the section of water service that is privately owned is usually between $2,500 and $5,000. Deferred payments plans are available, where the cost of the replacement is added to the homeowner’s property taxes over a five- or ten-year period. Homeowners who have lead water service pipes can apply for this program by contacting the City of Ottawa at 3-1-1. If you aren’t sure whether your pipe is lead, you can check it by scratching the paint covering the portion of the pipe that is below the water meter in your basement. Lead pipes are dull grey, while copper pipes are red-brown and may be corroded greenish.Homeowners can also have their home’s drinking water tested for lead content at no cost.

Selling your home

2009-06-16T05:13:00.000-07:00

Whether you are living in the suburbs, downtown or in a country setting. Curb appeal is a absolute necessary to make the first impression. So mow the lawn, cut back overgrown shrubs, weed the flower beds, wash the windows, paint the front door, buy a new mail box and welcome mat, make sure the doorbell works and then start on the inside.

That's step #1

How important are Inspections???

2009-06-15T10:58:00.000-07:00

VERY, VERY IMPORTANT

Your inspector will show you the minor maintenance things that will need to be done on an annual basis to keep your home in top shape. Like an annual doctor's visit.

He/she will also check the major components i.e. roof, windows, electrical panel, foundation, plumbing, etc. A hairline crack in the foundation might be something that can be easily repaired. The causes are due to: improper concrete mix; early compaction, drainage to name a few. On the other hand - Cracks more than 1/4-inch wide, horizontal cracks in walls, cracks with misaligned edges or continuing movement may require professional assessment. You can monitor the crack’s length and movement by marking off the ends of the crack and making several “alignment marks" across the crack at various points.

Once the inspection has been completed, the inspector will tell you whether there are minor or major components that need to be addressed. If minor, under $1,000, ask your Realtor to review with Seller's agent and see if they can be remedied. If major, maybe a price adjustment can be negotiated or if serious enough, you can cancel the transaction. For more info: www.irenebilinski.com

Location Location Location

2009-06-04T07:50:00.000-07:00

Location is very important. When purchasing a home never say "I'll never move". Something might happen and you will need to move. If the home you have purchased is on a busy street or intersection, your neighbors are not quite Mr and Mrs Neat, backing on hydro lines, near a train route, airport, etc., etc., etc. you get the general idea. It might not be an issue for you but it might be an issue for potential buyers.

For more tips when purchasing a home contact me at www.irenebilinski.com

Interest Rates are creeping up!

2009-06-02T08:27:00.001-07:00

Yes, folks, if you were thinking of buying a home - its time to think about it seriously. The interest rates are starting to creep up - so beware!

There are many good homes on the market and prices are still holding. If you need any help in buying or selling your home contact me at www.irenebilinski.com

BUYING A HOME PROCEDURES

2009-05-29T09:24:00.000-07:00

You know the old saying don't put the cart in front of the horse - well that's what a lot of potential buyers do and then they become dissappointed when things don't work out.

Step #1 - Get written confirmation from your mortgage broker/bank for your pre-approval amount. No point of looking at a $400K homes when you can just afford one for $300K or less.

Step #2 - Get in touch with a Real Estate Sales Representative and let her know what you are looking for, location, options, needs and wants. Be as specific as possible - tell her everything - she works for you.

Step #3 - Find the right house, make an offer with conditions (financing, inspection, insurance, etc). Negotiate offer, get conditions fulfilled and start packing. For more information contact www.irenebilinski.com

Why won't my house sell????

2009-05-27T04:52:00.000-07:00

There are basically only three (3) yes 3 reasons why a house doesn't sell.

1. Location - Neither you nor your Realtor can do anything about that.
2. Condition - With your Realtor's guidance you can make it outstanding without going overboard.
3. Price - If its at fair market value - then there's a buyer out there. Did you know if your house is priced at FMV then 60% of the buyers will look at it? Did you know that if its 10% over market value only 30% of the buyers will look at it? Pricing is very important. Don't let your house get stale because of the price.

For added information: www.irenebilinski.com

Selling your home

2009-05-26T10:45:00.000-07:00

What do Buyers look for in a house - cleanliness. Yes, that's right. Price and location are a factor but the condition of the home is so important. I've shown so many homes where Buyers basically walk in and walk out. Reason: Not clean. 95% of Buyers are not interested in purchasing a home that needs to be cleaned before they are able to move - unless the price has been reduced drastically.

Let me help you in preparing your home for sale. For more info visit www.irenebilinski.com

When a house talks to you - Buy it!

2009-05-25T05:17:00.000-07:00

Yes, people, I know its a big thing purchasing a home. But, remember, its Spring and everyone is looking and also contemplating a purchase also. This weekend, a couple of Buyers, fell in love with a dated bungalow - Right location, right price, right everything but they decided to sleep on it. Yep! Someone else thought the same thing put in an offer and it was accepted.

I know that its a large purchase, one of the biggest but the perfect house doesn't come along every day.

For my info on purchasing a house www.irenebilinski.com

Spring/Summer has arrived in Ottawa

2009-05-21T13:11:00.000-07:00

While quite busy with listings and showing Buyers around - I've decided to take some me time a few times a week and do those very important things that make me feel better. Today was a new haircut with new colouring. Tomorrow - stay tuned!

Back to real estate - there so many well priced homes for first time home buyers - let me help you find the right one for you. There are so many details to think about but since I do this every day and its like second nature to me, I will assist and guide you through this new adventure. Lets try it - its fun!

Visit my website and contact me today www.irenebilinski.com

Curb Appeal - Ottawa Real Estate

2009-05-20T05:29:00.000-07:00

Curb Appeal is sooooo important. Its the first things Buyers see when they arrive at the property. Gleaming windows, nice walkway, freshly painted front door - that's certainly a WOW factor.

Did you know that the garage door and front door shouldn't match in colour? It is suggested and recommended that the garage door should blend in with the house whereas the front door should stand out. Interesting.

For more tips on how to prepare your home for sale contact me at www.irenebilinski.com and I will provide you with a free copy of The Seductive Power of Home Staging by S. Phillips.

Ottawa Real Estate

2009-05-16T07:11:00.000-07:00

Listening to your client. There are so many questions that need to be answered before a Buyer is ready to go shopping.

1. Where would you like to live - Ottawa - Great - now where - why type of lifestyle to you lead? Do you need to be close to the transit system? Do you need to be close to schools?

2. How far do from work would you like to be?

3. What type of house would you prefer - condo (apt, town), semi-detached (2 storey or bungalow style), detached (bungalow, two storey, ranch)?

4. Do you want/need a finished basement?

5. Do you want/need a garage?

More questions to come. Visit www.irenebilinski.com

Listening to your Realtor - Ottawa

2009-05-14T12:32:00.000-07:00

Once in a while you come across a property that has issues, but you love it. What to do? Speak to your Realtor and ask her to find out as much as possible so that you can make an educated decision.

Secondly, contact your lawyer, listen to her/his advice.

Thirdaly, contact your accountant and ask the questions.

If after you reviewed all the information and still want to go ahead - do so but at least you are making an educated decision.

For more straight forward talk - visit www.irenebilinski.com

Ottawa - Real Estate

2009-05-08T05:21:00.000-07:00

So many parents are thinking smart - instead of paying rent for their kids to go to college or university - they are purchasing 2 and 3 bedroom apts, townhouse, homes, and renting them out themselves. When the child has completed their education, they have the unit refreshed and call their Realtor to put it on the market.

Purpose: (1) Someone else is paying the mortgage; (2) their child has somewhere to stay (3) at the end of the school years, the parents make a profit.

WIN/WIN.

If you would like more info - give me a call all my contact info is on www.irenebilinski.com

Ottawa Real Estate Update

2009-05-07T12:32:00.000-07:00

More and more young couples are deciding to continue living with their parents while purchasing an investment property. Smart!

While they continue living with Mom and Dad, someone else is paying their mortgage, in a few years they will sell that investment property at a profit and then have a larger down payment for their first single family home.

So, if you or if you know of someone looking and need some guidance have them give me a call - I can be reached via my website: www.irenebilinski.com

Spring Market is in full bloom in Ottawa

2009-05-07T09:06:00.000-07:00

YES! The President of the Ottawa Real Estate Board has reported that there has been an increase of 2.2% over last year's sales. Board members have reported that some properties are even attracting multiple offers, which demonstrates the confidence buyers have in the Ottawa market.

Spring, historically, is the busiest time in the Ottawa Real Estate Market and its clear that this year is no exception. Out-of-town buyers and local buyers are taking advantage of the low interest rates.

This is a great opportunity for first time buyers! First time investors are also taking advantage of the low interest rates.

Ottawa Real Estate

2009-05-06T06:56:00.000-07:00

Why is Home Staging so important?

We don't always know why we like or dislike something. Often it just doesn't feel right, a gut feeling and so we move on.

Exactly the same thing happens when prospective buyers view your home. If it doesn't feel and look right they move on to the next one. Well staged homes sell faster and for more money (3% to 20%) more.

For more information on staging a home - I would refer you to The Seductive Power of Home Staging by Susan Victoria Phillips or contact me and I will obtain a copy for you. www.irenebilinski.com

Interest Rates

2009-05-05T05:29:00.000-07:00

With interest rates at the lowest levels in the last 39 years, plus a renovation incentives, this is a historical opportunity to purchase real estate.

For added information on how you can take advantage of this historical moment and become a home owner, give me a call 613858.1151 and/or visit my website: www.irenebilinski.com