Category: Blog

Bath Room Remodeling: Six Quick Techniques

The bathroom, some look at this as a space to get in and out of as fast as possible although some people appreciate their time here. But then again perhaps yours isn’t living as much as expectation. What about a redesign?

Plumbers, building contractors and bills expenses bills, still you have this one all on your own. Here are six recommendations to make any renovation a bit less complicated this Spring:

Understand Your Numbers

Regardless of whether it is large or small, a person must always make certain you have got enough money before starting on any home remodeling job. Cost management is essential when doing renovations and the bath room is no exception with prices varying between 10k and 23k and higher. Be sure you will be able to afford all you envision prior to diving in.

Then again hold just a second. Were you considering moving in the near future? Possibly you want to rethink the renovation then. Although if you’re considering increasing the worth of your place then this should really also factor in to things. Regularly buyers of homes look more at two rooms more particularly compared to others – the kitchen and yes you got it…the bathrooms.

Money: What Goes Where?

“A frequently neglected component though is – it is one thing to have a budget but something else entirely to itemize it.” claims the best realtor in Tallahassee, Suzanne McGhee. “This way you know wherein every penny will go with clarity. No unexpected situations. For the most part, you can reckon that labor will surely cost about a third of the budget.” she would add.

The moment you’ve got to this point its time to trim the extra fat. Like grocery shopping when you’re hungry, possibly you have things on your list that you are able to do without. On the subject of trimming the fat you may be well advised to begin with the extravagant details. Stuff such as multi jet showers and heated flooring, might be scraped to save yourself a bunch.

Find Your Inner Inspiration

bathroom remodeling It’s already been said that women and men typically need between 10 and 30 minutes to ready themselves in the morning. So considering you and your partner spend a lot of time in the bathroom, you’ll want to renovate the space suitable to your plans.

So, log onto Pinterest or pick through a some design mags till you discover a number of looks that you like. You might not be in a position to incorporate all the over-the-top features, as described above, while you can use designer spaces to help you pick colors, hardware, countertops, linens or anything you’ll utilize to outfit your new bathroom.

Think Ahead And Be Prepared!

And before you get too far ahead of yourself, have you considered what you will be doing whilst your bathroom is out of order during the renovation time? This point should have been pretty obvious yet it really is worthwhile reminding you.

May appear unusual although if you don’t have a second bath room to depend on you may want to think about a neighbor or even staying with relatives or friends up until you can use yours again. Another very good idea is to just pay a portable toilet to have on-site during renovations. Having considered of all this before hand could perhaps save you from disaster the moment the job has started and you are left standing devoid of a toilet to sit on.

No Plan is Full-Proof

If there is a single soar spot for many property renovators is the unanticipated expenditures you may well not have considered. Therefore it is recommended to plan for added expenditures in your budget. You wont be able to work with a creditor—and, therefore, you are not going to be capable of sign for a home loan—until it is possible to supply a comprehensive explanation of why the job costs what it costs.

You shouldn’t worry, you will find a lot of options available for funding your home renovation job. Some of these alternative possibilities might possibly include getting a mortgage or collateral loan. Or possibly using savings. The point being…decide upon your budget as precisely as possible after that decide upon where you are going to get it from.

Remain Steadfast to your Plan

Every now and then you are going to want to come back around and cite both your budget and your original plan in order to assure that you are on course. Be sure that your spending is in control and that you’re sticking with the design you initially pictured. Derailing from whichever might result in the job to take longer or added costs, which would make the job more of a stressor than it has got to be; then again, if you take all the above precautionary actions, it’s possible to go from planning to conclusion as easily as possible. After all is said and done and it’s all finished, you’ll be able to just kick back, light a rose candle and delight in your new happy place.

New Mortgage Rules and its Effects in Canada

Office of the Superintendent of Financial Institutions (Canada’s Banking regulator) have announced three new rules related to a mortgage which will be in effect in 2018 and its now going to get harder for some home buyers to get a mortgage this year. These rules will mostly affect the first-time buyers and those who are looking forward to refinance their homes in 2018.
One rule which was announced is the Stress Test which is now applied to all prospective homebuyers. Before this rule, this test was only applicable for those who made a down payment of less than 20% but that’s now the case anymore.
Due to introducing this new and harder rule now it doesn’t matter how much you are saving for the down payment, you still have to pass the new stress test, or otherwise the bank will not give you a mortgage.

For home buyers to qualify for a mortgage under the new stress test, the qualifying rate will be the minimum and equal to the Bank of Canada’s five-year benchmark rate or their contractual rate plus two percentage points. This means if you are planning to buy a new house in 2018, you will have to settle for a less expensive one you could afford. Another thing that can be done is you can wait and save for a larger down payment.
Another new rule is that now the Loan to value (LTV) needs to be adjusted to the local market conditions. Big banks of Canada use LTV to check how risky a loan is and the higher the LTV, the higher risky is the loan.
The new rules that are in effect since January 2018, will damage the growing Canadian Mortgage market segment. Due to the new stress test, it is estimated that the purchasing power of a family could be lowered by up to 21%.
If you are a new buyer, you should not be that much worried because there are other options available, like you can opt for a townhouse or a condo. It should also be kept in mind that these strict mortgage rules only apply to those who are looking to secure a mortgage with one of Canada’s federally regulated mortgage lenders.

3 reasons why your mortgage application might be rejected

There are very few people out there who can afford to pay the entire amount in cash when buying a house. Most people rely on a mortgage in order to buy a house. The mortgage applications are getting stricter. So, you should know the reasons why your application might be rejected in order to increase your chance of getting a mortgage.

Poor credit score

A good credit score is vital to getting a mortgage. If your credit score is not good then you won’t get a good interest rate. If it falls below a certain number, your application may be rejected. Before applying for a mortgage you must make sure that your credit score is good. You should pay off all your debts and pay your bills on time in order to improve your credit score.

Insufficient down payment

In order to buy a house, you need to pay a percentage of the price of the house as down payment. It is usually 20% of the house price. If you fail to give this amount then your mortgage application might fail.


You must demonstrate that you have good monthly income in order to pay your mortgage fees. So, if you have a low income you have a less chance of getting your mortgage application approved.

Before you apply for a mortgage, it is better to consult a real estate agent so that you know everything about the mortgage. Basically, you need a good income source, good credit history, and sufficient down payment to increase your chances to get a mortgage.

Top 3 qualities of a good tenant


Many people might think that finding tenants is easy. But only the landlords know how difficult it can be to find a qaulity tenant for their property. Here are the top qualities of a good tenant.

Pays on time

The first criterion of a great tenant is that he or she will always pay the monthly rental on time. For any kinds of maintenance work, if the landlord asks to contribute, then the tenant won’t hesitate to do so.


A good tenant will be responsible for keeping the house in good condition. The tenant will make sure that nothing in the house gets damaged on purpose. He or she will keep the rooms clean and in good condition. The tenants will take responsibility for the house as if it was theirs.


A good tenant will respect you as a landlord. If a landlord asks for something the tenant will try to meet the landlord’s requirements without creating much trouble. There will be a good relationship between the landlord and tenant.

Finding a good tenant is a bit of luck. But there are some traits of good tenants. You should know these and try to find the right one for your house. There are real estate agents that can find a good tenant for you. They do a thorough check on the background of the tenants and then suggest them to you. This way the chance of getting a bad tenant decreases.

4 ways you can increase the value of your home

When you want to sell your home you should make sure that your home is in the best condition possible, so that you get a higher price for your property. Here are some of the ways you can increase the value of your property.

Kitchen upgrade

The kitchen is one of the most important rooms in your home. You can change the cabinets, countertops and add some modern energy efficient appliances to turn it into a modern kitchen. A new kitchen can increase the value of your home considerably.

Bathroom renovation

You must make sure that all your bathroom problems are fixed before you sell your home. You should fix all the leaks and other problems in your bathroom. It is a good idea to invest in new bathroom fixtures. It will enhance the value of your house.


Your garden or backyard can increase the value of your house. You should cut the grass, prune the trees, plant some new plants, improve the pavement, etc. to make your landscape look attractive. A house with a beautiful garden or backyard can stand out from the other houses in the property market.

Fresh paint

There is nothing compared to investing in a fresh coat of paint. It completely changes the look of your property. This is a good investment.

Improving the condition of your home is a good investment. You cannot imagine how much it can increase the value of your home. Your house will sell quickly as well. So, try these things to increase the value of your property.