Archives for Real Estate Information

Buying A Home: What Can I Comfortably Afford?

October 9, 2019 If you have decided that buying a home is the right decision for you, then you are ready to take the next step; that is, determining what you can actually afford. Let me start with a word of caution. Before you contemplate a mortgage for the full amount the lending institution indicates you are eligible, think it through carefully. For example, mortgage interest rates have been fairly low for the past couple of years. However, if you mortgage to the maximum amount allowed by the lending institution and interest rates have increased when it is time to
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How To Select A Realtor®

August 18, 2019 If you have decided to use a Real Estate sales professional to assist in the sale of your home, selecting that REALTOR® is an important part of the process and will be instrumental in achieving an expeditious and successful sale of your residence. As a part of our Sellers Series, Team Weir has developed a list of questions for you to ask yourself before hiring your next Realtor®. Will your property be placed on the Multiple Listing Service (MLS), thereby giving you maximum exposure to all Buyers and Real Estate Companies in the area and across the
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The Importance Of Reading And Understanding An Offer

June 16, 2019 When you make or receive an offer to buy a property, it’s important that you read and understand every clause. It is especially important to understand any conditions or any changes that are made to the standard offer. An offer may contain several types of conditions. The most common are “conditional upon arranging financing” and “conditional upon passing a professional home inspection.” However, there may be other conditions as well. You should be aware of – and fully understand – all of them. In addition, the wording of an offer may change during the back and forth
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Worried You Won’t Find The Home You Want?

April 11, 2019 If you’re thinking of selling your home, you may be concerned that you won’t be able to find the kind of property you’re looking to buy. After all, getting into a more desirable home is the main reason many people move in the first place. Should you be concerned? There are a couple of things to consider: First, think about the last time you purchased a car. You probably had a price range in mind and a general idea of the kind of vehicle you wanted. After visiting a few dealerships – or shopping online – you
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What Does A Property Surveyor Do?

February 27, 2019 Property surveyors, sometimes referred to as land surveyors, play a vital role in the real estate world. They are the professionals who determine or confirm the exact boundaries of a property. Will you need to deal with a property surveyor when you sell your home? You might. Sometimes the mortgage lender will ask for a land survey, especially if your property is older and hasn’t changed hands in many years. You might also be asked for one by the buyer if there is any confusion about the size and boundaries of your property – or if significant
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Real Estate Market Expected To Moderate

November 7, 2018 The Quinte Region has seen a reduction in the homes sold in 2018 versus 2017.  As of the end of October 2018 there has been a 20% reduction in the number of homes sold during the same period in 2017.   The Canada Mortgage and Housing Corporation (CMHC) seems to reflect a similar outlook going forward in 2019 and 2020.  The following is an excerpt from a CMHC article published November 6, 2018. David Weir BA, CD Canada Mortgage and Housing Corp. says the country’s real estate market is expected to moderate over the next two years as the
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Why Stirling Real Estate?

July 20, 2018 Stirling is a welcoming community located in Hastings County. Conveniently situated only 20 minutes north of Belleville, Trenton and Highway 401, Stirling offers quiet rural living just minutes away from urban amenities. Stirling is home to an elementary school which includes kindergarten to grade 8. High school students can attend Bayshore Secondary School, Theresa Catholic Secondary School or Centre Hastings High School. The village of Stirling makes the health and wellness of its residents a priority through access to a range of health care services including; Stirling Medical Centre Stirling Dental Centre Stirling Manor Nursing Home Natural Rhythms
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#1 Team, #1 Company! Thank You From Team Weir!

February 22, 2018 Thank you to all of our clients whose confidence in us once again assisted Team Weir to become the #1 Team in the Quinte Region for the #1 Company in 2017. Based on facts from the Quinte & District Association of Realtors. In turn we have been able to give back over $100,000 to numerous charities and organizations in need. Thank you! For more Team Weir news, follow us on Facebook. Call or Text: 613.392.7777 Email: david@davidweir.com Toll Free: 1.800.263.2177
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New Mortgage Rules Effective January 1, 2018

December 19, 2017 Team Weir would like to draw the attention of 2018 buyers and sellers to new mortgage rules taking effect on January 1, 2018. “New mortgage rules coming into effect on Jan. 1 won’t trigger home price decreases, according to Royal LePage’s 2018 outlook for the Canadian housing market. The real estate powerhouse sees home prices climbing 4.9 per cent by the end of next year, up to $661,919. The estimate is based on a composite price index that measures home prices in 53 Canadian cities. The impact of the regulations won’t be exactly nil. “The new measure will
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Canadian Armed Forces Relocation Program Changes Effective Now

December 1, 2017 For our Military clients and those on a 2018 HHT, Team Weir would like to draw your attention to changes to the Canadian Armed Forces Relocation Program effective December 1, 2017. Canadian Armed Forces Relocation Program Changes “As previously communicated in the Know Your Benefits page, as of December 1, 2017, Canadian Armed Forces (CAF) members will see changes in how relocation services are delivered. Relocation benefits will remain the same. However, face-to-face services with an advisor will be replaced with 24 hr online access to your personal file through a computer or an App.  This will include everything
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