By: Thomas Cook

Why You Should Never Buy A Home Or Cottage Without A Home Inspection

For just a few hundred dollars, a home buyer can buy peace of mind with their home. The peace of mind that they're not unknowingly buying a house full of unpleasant and expensive surprises. If that's not enough, why should you get a home inspection? When buying a resale home, it is imperative that a home inspection is conducted. A home inspection can also benefit the home seller by protecting them from legal troubles down the road.  Remember though - don't hire your cousin Fred - he doesn't have errors and omissions insurance to protect you in case the inspector misses something! Latent Defects Versus Patent Defects In Canada, property disclosure laws are fairl...Read More

By: Thomas Cook

Home And Cottage Buyer Contract Basics

Your real estate agent will know the terms and conditions that you need to have in your real estate contract and can help guide you through the process. However, it never hurts to educate yourself. If you're considering buying a country home or cottage in the coming months, read on. Making an offer conditional on the sale of an existing home If the money obtained from selling your current home is necessary to purchase the second home, make your offer on the home reflective of that, with an appropriate one- to two-month timeframe so the seller isn't waiting around forever. What's staying or going Even if it's nailed down - unless it's in writing - that stove or li...Read More

By: Thomas Cook

Make Your New Country House Or Cottage A Home

That "home" feeling doesn't always come automatically when you buy a house. Buyers can sometimes need to make a few adjustments before their new house feels right. It can take a bit of effort and time to make your new house feel like it belongs to you, and to establish that all-too sought-after "homey" feeling. Personal Space. If you’re used to having your own space, it can be a bit of a drag if you’re constantly bumping into others while getting ready for work in the morning. For example, if you previously had your own closet you may become frustrated if you have to share. You may want to pay extra attention to creating the same type of space you had...Read More

By: Thomas Cook

Buying Or Selling With Income Suites And Basement Apartments

If you're in the process of buying a home, you may find that a home with an income suite or basement apartment is extremely appealing because it will allow you to house your in-laws or generate extra income from renters. However, sellers and buyers can run into serious problems if the suite isn’t legal. There are a number of building codes and zoning laws that can apply to construction or a neighbourhood, and if the building is not up to snuff it can be considered illegal. In fact, a new buyer may have to bring the suite up to code out of pocket, bringing up the potential for lawsuits against the seller. While safety standards are not up for debate, in some cases zoning laws...Read More

By: Thomas Cook

More Tips For Getting Your Home Ready To Sell In The Fall

Fall is here yet again, and it's a lovely time for people to sell their homes or cottages. But staging your home to sell in the fall is a little bit different from staging your home to sell during other times of the year. It's darker outside, the air is cooler, and there's usually a mess of leaves to deal with. You need to make your home extra inviting when you're getting ready to sell in the fall. 1. Warmth – A home is your refuge from the outdoors, which is why it’s especially important to make your home appealing. As the temperatures drop, a warm, cozy house is the ultimate attraction for buyers. If you have a fireplace, use it, and don’t hesitate to ...Read More

By: Thomas Cook

Moving To A Country Home Or Cottage With Children

Children are generally less excited about moving to a new home than their parents. Where adults see exciting new opportunities, children tend to see all that they're leaving behind - friends, their school, and the home they've lived in perhaps all their lives. This can make planning to move a little difficult, even just emotionally. How to make relocating or moving to a new home with children a positive experience: Make it as easy as possible for your children to reconnect with their old friends - set up a monthly long-distance minutes budget, or plan a special visit one weekend if you're moving farther away. Keep the delivery of the news that your family is moving p...Read More

By: Thomas Cook

4 Fall Home Staging Tips

While keeping your yard and cottage or home's exterior tidy is key for selling your home in the fall, paying a significant amount of attention to your home staging and tailoring it to the fall season is also a great idea. You can use the following tips to make your home warm, inviting and much more appealing to those potential buyers! Fall Home Staging Tips For Your Interior 1. Create warm and pleasant smells. There are a variety of ways you can introduce warm smells into your home, like scented candles, scented wax or air fresheners. However, not everyone appreciates chemical scents and some people may even be allergic to them. You could put on a fresh pot of flavoured coffee or ...Read More

By: Thomas Cook

How To Make Your Cottage Or Country Home For Sale Stand Out This Fall

While fall is a beautiful time of year, the generally drab grey skys can really highlight any small imprefections your lack of maintenance your home may have. This is why when you're selling your home during the fall, it's especially important to consider your home's curb appeal. Curb appeal is defined as your home's first impression on potential buyers, as they approach from the outside. 1. Keep on top of the leaves. While the leaves are changing colour and look beautiful on the threes, once they're on the ground they can look dirty and like extra clutter. This doesn't mean that you are required to rake and rake some more, all day long. You could invest in a leaf...Read More

By: Thomas Cook

Buyers In Canada Are Willing To Spend 21% More On A Home

Are you planning on selling your country home or cottage in the next little while? A new report from BMO Bank of Montreal says that buyers across Canada are willing to spend much more now during their home search than they were when they began their search for a new home. In fact, almost half of them say they are expecting to spend 21 per cent more – or $83,556 – more on a home than when they first began their search for a home. This increases their base price to $483,397. “Housing prices in Canada have risen 18 per cent over the past four years,” said the Vice President of Personal Banking Products for BMO Bank of Montreal, Martin Nel. “As prices rise, hous...Read More

By: Thomas Cook

Selling A Country Home Or Cottage: What Stays, What Goes?

It is very understandable that a home buyer might be more than a little upset if a part of the home they're buying is gone when they're ready to move in. This can happen when the buyer and seller aren't clear with each other about their expectations, and when terms of the agreement aren't laid out properly. tems that the seller takes with them, called movables or chattels, can sometimes be confused with fixtures, or things that will stay with the home. Unfortunately, when there is confusion, there’s the possibility of litigation, unhappy buyers and stressed-out sellers. First, you need to understand what sorts of items are considered personal property (movables or ...Read More