Chadi Mansour- Nation's Capital Real Estate

09/29/2019

Don't wait until something goes wrong to start paying attention to these areas of your home.

06/19/2019

The government has released details of a program it announced during the last federal budget, an initiative that could see Canada's housing agency contribute up to 10 per cent of the price of a buyer's first home if certain conditions are met.

05/07/2019

02/02/2019

Before you incur thousands in repair costs, make sure you quit practicing these habits that are causing property damage (without you realizing it).

02/02/2019

According to the report, a shortage of listings in Ottawa has driven up prices, though the homes still remain, for now, in the realm of affordability.

02/28/2018

Home upgrades come in different shapes and sizes. Converting an extra bedroom into a home office may be just as satisfying as installing motion sensor lights, but neither one adds significant value to your home. If you want to add real resale value to your home, don't waste your money doing these.

11/21/2016

Heat Things Up

Everyone enjoys cozy evenings by a crackling fire? Ensure your fireplace is ready to provide warm nights all winter. Be sure to have the chimney inspected and cleaned by a professional before the first frost. Also, have a professional perform a routine check of the heating systems before cold weather arrives. This should include vacuuming the vents and other heating components. If your furnace has a filter, check to see if it needs replacing. For more energy savings, consider installing a setback thermostat that keeps the home cooler when you are asleep or away.

11/20/2016

Winter preparation tip #1

Drain the water from your outdoor faucets and garden hoses and arrange to have any in-ground sprinkler pipes blown out. Roll up the garden hoses and store them inside. Identify any "problem" pipes that are prone to freezing in the house and consider using heat tape to keep them warm during extremely cold weather. If the worst happens, ensure everyone in the family knows how to turn off the water at the source. This will minimize leaking when and if a pipe bursts.

10/08/2016

10/08/2016

As of October 17, all insured mortgages will be tested at a dramatically higher interest rate than the one being offered by your lender. That stress test rate is based on the Bank of Canada’s posted five-year fixed rate (currently 4.64 per cent).
So what is the best course of action from here if you are a home buyer? The most obvious choice would be to eliminate this issue by simply saving up for a bigger down payment on a property in order to be able to afford a better interest rate and bigger property. Another mindset would be to purchase now before the new rules kick in, while others would contend that it might be wise to continue to wait and see how this affects the housing market and make a decision from there. Whatever the option is, give me a call TODAY to explain all the new rules and to make a decision that can save you tons of money and stress!
613.710.7653

01/04/2016

There’s no shortage of information available about buying and selling real estate, though much of it focuses on market trends... Read more »