Teresa Gil Felts's blog

As the days grow longer and the temperatures begin to rise, March presents the perfect opportunity to tackle essential home maintenance tasks. By addressing these tasks early in the season, you can ensure that your home is in top condition for the warmer months ahead. Let's dive into a comprehensive checklist to help you get started on your March home maintenance routine.

1. Inspect Roofing for Damage:

• Take a close look at your roof for any missing or damaged shingles. Addressing these issues promptly can prevent leaks and water damage to your home's interior.

2. Power-Wash Windows &...

New Mortgage Policies Help First Time Home Buyers

Extended Amortization Periods for First-Time Homebuyers

The extension of the amortization period is designed to make monthly mortgage payments more manageable, particularly for younger Canadians facing high rent and escalating home prices. Freeland highlighted the shortage of housing options and the financial pressures on younger generations, stating, “By extending amortization, monthly mortgage payments will be more affordable for young Canadians who want that first home of their own.”

Mortgage Professionals Canada CEO Lauren van den Berg...

Home Sweet Home: The Fun and Practical Guide to Home Maintenance

Owning a home is like owning a piece of the world—a sanctuary, a place where you create memories, and yes, a substantial investment. But, unlike a rental, there’s no landlord to call when the faucet leaks or the roof decides to play peekaboo with the sky. Regular home maintenance is crucial, not just for your everyday comfort, but also for the future resale value of your beloved abode. So, let’s dive into why maintaining your home is a win-win for both your present enjoyment and your future wallet, and how you can make it...

Navigating Financial Storms: Lessons from 2008 and the Art of Buying Real Estate in a Down Market

The financial crisis of 2008 hit like a tornado, leaving everyone scrambling for cover. It was a brutal reminder that financial preparedness isn’t just a buzzword; it's a necessity. When the economy gets shaky, it's easy to panic about missing out on golden opportunities or making catastrophic decisions. But here’s the scoop: staying calm and thinking long-term is your best defense.

Diversification: Don’t Put All Your Eggs in One Basket

Remember the old saying, "Don’t put all your eggs in one...

Building Your Dream Home: A Guide to Real Estate Bliss Amidst Wedding Planning

For most couples, the journey to the altar is filled with dreams of love, enchantment, and building a life together. However, the excitement of planning a wedding can sometimes spill into other life decisions, such as buying your first home. In the midst of wedding preparations, it's crucial to avoid common pitfalls that can turn your real estate dreams into nightmares. Let's explore the key takeaways to ensure your happily ever after extends to your new home.

Newlywed Real Estate Mistake #1: Neglecting Your...

Navigating the Seller's Market: Common Mistakes to Avoid When Selling Your Home

Are you one of the many homeowners eyeing the seller's market, where the scales tip in favor of sellers due to high demand and low inventory? If so, you're likely contemplating the potential benefits of listing your property in such a lucrative environment. However, before you leap into the fray of the real estate market, it's crucial to be aware of common pitfalls that could hinder your success. This May, as you gear up to sell your home, steer clear of these all-too-frequent mistakes that could sabotage your...

6 Savvy Steps to Save Money and Make Your Homeownership Dreams a Reality

Are you eyeing a piece of Vancouver paradise but finding the down payment challenge daunting? Fret not! We've navigated the same financial hurdles and are here to guide you through six savvy steps to turn your homeownership dreams into reality sooner than you think.

Step 1: Embrace the Side Hustle

• Find Your Passion: Identify a side hustle aligned with your passions—whether it's photography, catering, or any enjoyable activity. Turning hobbies into a part-time gig can significantly boost your income.
• Make It...