Got a good client of yours moving to or from Ottawa?

Whether your client is wanting to sell or buy in the Ottawa area, I'd be happy to look after them with the utmost care and ensure they get the best possible service and results. My experience in Ottawa Real Estate, web and email technology lends itself very well to working with people who may need to deal from afar that may need that extra special service from time to time. Of course the standard referral fee would also be available upon successul completion of a transaction.

Each year the luxury homes market in Ottawa expands offering much more variety than ever before.  While the sale of homes in Ottawa over the Million dollar mark used to be largley restricted to Rockcliffe ( home to many of the embassies) sales of both condos and luxury homes well over 1 million dollars are occuring throughout the region. 

Click here to read more and see some of Ottawa's Million Dollar Properties.

The ABCs of CHIP Home Income Plan

Future Real Estate prices in Ottawa? Not Boom or Doom but Much Ado About Nothing says the CIBC researchers: Canadian House Prices Not Based on Demographics Alone April 18th, 2007 - The CIBC Canadian Real Estate Report is predicting that Housing prices will double in the coming 20 years!  It generated much press last week.  In Ottawa that would mean that in April 2027 the average sale price for a property would be $548,000!   In other words housing prices will increase 5% a year!  CIBC really went out on a limb on this prediction!!!  The Ottawa MLS® average sale price has increased an average 4.5% per year in the previous 20 years so a 5% prediction is a safe bet!  Of interest, the report debunks the boom and bust theorists who have predicted a demographic influenced bust in housing prices between 2011 and 2015. 

For your info here is the results of the Survey of Canadian House prices for the 4th quarter of 2004.  Click on the document to load. 

Glossary of terms

Amortization period: The actual number of years it will take to pay back your mortgage loan.

Appraised value: An estimate of the value of the property, conducted for the purpose of mortgage lending by a certified appraiser.

Assumability: Allows the buyer to take over the seller's mortgage on the property.

Closed mortgage: A mortgage that locks you into a specific payment schedule.

Why use an agent?
Selling a home takes more than just putting a "for sale" sign out front. You need an agent with experience and training to help you determine the right price, come up with an effective marketing strategy, and anticipate and solve any problems that come up during the selling process. A real estate professional can help you with every part of selling your home, and offer you a smoother, hassle-free experience.

When you're selling your home, there are a number of advantages to working with an agent: