By: Shawn Lepp

Good News For Investors – Potentially Bad News For Tenants

Tags: Buying a home in Durham Region, Investment Properties in Durham Region, Renting in Durham Region

As you have seen in the papers this week, the effects of the Progressive Conservative government’s legislation that would end rent control for all newly-built or newly-converted rental units are being felt by some Tenants who moved in a year ago. This change was part of the Government’s Housing Supply Action Plan that were announced last year. As a tenant, this means that if you moved ...Read More

By: Shawn Lepp

How To Adjust Settings To Protect Your Privacy

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) Privacy settings give you some control over the way organizations handle your personal information online. As more of us become concerned about how our information will be used online, we’re taking steps to protect it. According to research conducted by the Office of the Privacy Commissioner of Canada, 75 per cent of Canadians have changed their privacy settings to limit the personal i...Read More

By: Shawn Lepp

Think Twice Before Borrowing Against Your Home Equity

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) An estimated three million Canadians have one, and they have emerged as the single largest contributor to the growth of household debt in Canada. Yet many consumers do not appear to fully understand how they work. No, we’re not talking about credit cards or car loans. We’re talking about home equity lines of credit or HELOCs. According to a 2019 survey by the Financial Consumer...Read More

By: Shawn Lepp

First Time Buyer or Renter? Find The Right Insurance

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) Nearly half of Canadians lose sleep when thinking about their home insurance policy, according to a recent survey. With some being first-time homeowners, it can seem overwhelming to think about having the correct amount of coverage and knowing what to do when something does go wrong. Here are some things homeowners can consider so they can get the rest they need: Know your policy. Most ...Read More

By: Shawn Lepp

Set Your Home Up For A Cozy Winter

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) One of the best things about winter is coming inside from the frigid weather to a cozy and welcoming environment. To make your home a space where you’ll want to hibernate all season long, check out these tips. Add layers of lighting. Our winters can be long and cold, so take steps to make sure your refuge is toasty warm and inviting. Swap out cool, white lightbulbs for warm ones a...Read More

By: Shawn Lepp

Around The House - Fall Clean-Up Tips

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) As the cooler weather hits and the garden growing season ends, getting your home organized inside and out is a must. Here are some easy fall clean-up tips: For the yard, trim back overgrown and dead limbs in your hedges to protect them for the winter. Don’t forget to trim your trees, especially those close to the house, garage or shed. Clear old plants and weeds from your garden bed...Read More

By: Shawn Lepp

4 Tips For Dealing With A Leaking Roof And Home Insurance

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) Water is the new fire in insurance. Water leakage and flooding can quickly spread throughout a house. According to the Insurance Bureau of Canada, insurance companies are now paying more for water damage than fire damage. To prevent getting stuck in a stressful claim situation, it’s important to know how your insurance covers water damage. Start by making sure you have the best home ins...Read More

By: Shawn Lepp

Make Your Basement A Noise-Free Income Property

Tags: Buying a home in Durham Region, Selling a home in Durham Region, Home Improvements

(NC) Creating a basement apartment in your home is a great investment whether you’re planning to rent it or use it as an in-law suite. These suites increase a home’s value and the income can help pay off your mortgage. Secondary suites are also a great way to get started in the real estate investment business, mainly because you don’t have to purchase a second property in order t...Read More

By: Shawn Lepp

Residential Tenancies Act Changes to Rent Control

Tags: Buying a home in Durham Region, Investment Properties in Durham Region

The recent changes to the Residential Tenancies Act are being seen in today’s market. In November 2018, the Ford Government made changes to the Residential Tenancies Act that exempts rental units in new buildings as well as some new self-contained rental units added to existing homes (ie basement apartments) from the rules that limit rent increases to the guideline amount.   As a result...Read More

By: Shawn Lepp

Avoid Home Renovation Pitfalls

Tags: Selling a home in Durham Region

(NC) Before you start buying building supplies and ripping out walls or old flooring tiles, Health Canada recommends you ask yourself these important health and safety questions: Is there asbestos in my home? If your house was built before 1990, hire a professional to test for asbestos before starting any renovations. If asbestos is found, hire a qualified removal specialist to get rid of it...Read More