Author Archives for » The Montreal Real Estate Blog
Improving Your Home’s Air Quality
Is the air in your home making you sick?
It can be as innocuous as a persistent cough, rash or headache. But, for the very young, the elderly and those with respiratory disease, the effects of indoor air contamination can be far more serious. The very air you breathe could be affecting the comfort and […]
Real Estate Glossary: D
Deposit A sum of money that accompanies a promise to purchase an immovable. The deposit must be placed in a trust account and will be deducted from the balance payable at the signing of the act of sale, or it will be returned to the proposer if the sale does not go through.
Description sheet Document […]
What is Home Staging?
Home Staging “ the MUST HAVE marketing tool for your property
By Sveta Melchuk
MSN Encarta dictionary defines Home Staging as the act of “beautifying a home for sale: cleaning, repairing and updating the decor and furnishings of an older home to make it more attractive when shown to potential buyers.”
The concept dates from 1970s, when […]
Canadians taking advantage of the high loonie
Dramatic run-up in the dollar means business can now look for bargains Mark Zilbert, a former Montrealer who now runs a real estate agency selling million-dollar condos in Miami Beach, is quite content that the U.S. dollar is tanking against the loonie.
He says the amount of business he’s doing with Canadian clients is up about 20 […]
Buying with zero cash down. Is it really possible?
The first time you see the ad Scotia Bank 100% Mortgage Program, you may ask yourself…What’s the catch? Perhaps Scotia Bank still requires the 20% down, but gives you the option of a line of credit? OR…they really offer to finance you 100% BUT with rates a lot higher than the regular mortgages?
Something to […]
When NOT to hold an Open House
If your property is fresh in the market, an open house can be very important. You never know whom in your neighbourhood is looking to buy a home like yours. There has been some instances where the actual buyer came from a Open House visit. Although this isn’t always the case.
In fact, most visitors who […]
How to calculate the Welcome Tax in less than 20 secs.
Every municipality must collect duties on the transfer of any immovable situated within its territory. These land transfer duties are better known as the ?Welcome Tax?. This tax is payable by the buyer and is calculated as follows:
0.5% of the first $50,000;
1% of the next $50,000 to $250,000;
1.5% of any portion exceeding $250,000.
For example: If […]
Rainy Sunday Montreal Links
If you are looking for Montreal Rentals. Here are a few links that will help you find your new pad.
Craigslist’s Montreal for Rent
Kijiji Montreal
Canuck.ca Montreal
Louer.com
More Montreal
Although not about Real Estate, these blogs are quite entertaining. Specially for the downtown and Plateau crowd.
Midnight Poutine | Montreal Blog
MetroBlogging Montreal
Montreal City WebLog
Do you know of other interesting and […]
Are you financially ready to buy?
So, you?ve finally decided that homeownership is right for you. Now you need to determine if you are financially ready to buy a house. In this previous post you can find a set formulas to calculate the size of your loan and evaluate your current financial situation.
Knowing your net worth is important because you will […]
The right of undivided co-owners to exclude a potential buyer
The buying of undivided co-ownerships is getting more popular in Montreal, specially in the Plateau area. And it’s quite understandable why. There are advantages over the divided co-ownership (condo), specially when talking about Condo fees. When buying the undivided, this is an important piece of information to have, both for real estate agents, as well […]

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