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Why You Should Sell Your Home And Move Across The World
Posted on Fri, 15 Dec 2017, 02:55:00 PM  in Home selling tips
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It may be difficult to break the news to your loved ones that you have signed a contract with a sales representative and are selling your home in favor of moving new another country. This country could nearby like the United States or Russia, but it could also be halfway around the world in Egypt or India.

If you have been on the fence about whether or not this is completely crazy, here is a list of five reasons why other people just like you have made the decision to sell their homes and move across the world.

 

It Has Always Been Your Dream To Travel

Why You Should Sell Your Home And Move Across The WorldNot every person in the entire world wants to grow up and live the rest of their life in the same place that they were born. Some people have a need to get out and experience the world in a way that simple short vacations just cannot do. Dreamers often say that you can never truly learn about a place until you’ve lived there. You deserve to live out this dream and travel because you want to and for no other reason if that is your wish.

 

Your Faith Has Pulled You In That Direction

Many times a person of Christian faith with choose a mission and complete their work in a country that is far different than their own. Once this experience is over, that person realizes that they truly belong in the place they have been assisting and will choose to live there to continue work as they feel they are called to do by faith. Other faiths beyond Christianity have also adapted this humanitarian view on life and seek to help others on their way to gaining religious fulfillment.

 

Your Fiance Or Spouse Lives In Another Country

With online dating, mission trips, schooling, and chance vacations, finding your true love in another country is becoming easier and easier to do. It is not unheard of to meet someone online and want to move to go and live with them as you plan a wedding or a home to live in once you are married. This may be especially appealing if you are not a fan of Canada’s climate and would like to trade it in for a warmer alternative.

 

You Are Seeking Spiritual Fulfillment

You do not necessarily have to be religious to feel a need to move across the world. You could be looking for a part of yourself that you simply cannot seem to find in Canada. Maybe you are moving to help with a humanitarian cause that you know you can positively contribute to. Maybe you are moving because you want to discover what is important to you and what you were meant to do in this lifetime. This spiritual journey is uniquely yours.

 

You Want A New Start

Have you lived out this chapter in your life in Canada and are now just looking for something new? There is nothing wrong with wanting to start over in a place that does not know you. There are thousands of reasons why you would like to start new, so do not feel like your reasoning is unjustified.

 

Take Home Advice

It truly takes a lot of courage to gather up your entire lifestyle, sell your Canadian home in a place you have always known, and move to a place that may seem completely different than anything you have ever seen before. No matter what that cause may have been, your journey is personal and you will have a lot to gain from it.


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Please ask me your question by filling out this form. You will receive an answer to your question at the first opportunity I have to reply. I appreciate the time you have taken.

 

 


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How to Make Your Home Stand Out on the Market
Posted on Tue, 15 Aug 2017, 04:10:00 PM  in Home selling tips
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When you're ready to list your home, it's important that the property stands out to ensure that you find the right buyers. Home sellers often want to sell the property as soon as possible to prevent the home from losing value. If you want the house to stand out on the market, there are a few important tips to follow.

 

Stage Your Home

Staging the home is necessary to help buyers envision themselves living in the property instead of feeling like they're taking a tour of someone else's home. Use neutral furniture and decor to create a contemporary setting that isn't overly bold or dramatic. Repaint red or dark walls with beige or off-white color shades. Remove personal items that include family photos or children's artwork on the fridge. All clutter will also need to be hidden to prevent it from detracting from the features of the interior and exterior setting. Consider renting a storage unit to place extra belongings instead of stuffing everything inside of cupboards or closets where buyers may inspect. All animals or pets should also be removed from the property.  The Zoi Ouzas Team are not just experienced realtors, but also Accredited Staging Professionals.  We can help you every step of the way in preparing your home for sale and maximizing your home value.stnad out on market

 

Take Quality Photos

The photos that you use to advertise your home will determine how many people want to take a look at the property. Hire a professional to take quality photos during the daytime when there's plenty of natural light present to create an uplifting setting. The photographer can take pictures of the best features of the property after the home has been staged. The professional should also be capable of editing the images to ensure that they look attractive.

 

Increase the Curb Appeal

It can often be difficult to sell your home if the inside setting is updated, but the curb appeal of the property looks dire and neglected. Boost the curb appeal by increasing the quality of the landscaping and using potted plants on the porch. Consider painting the front door to make it pop and stand out on the home. You can also add a water feature like a pond or a fountain in the yard for extra appeal or a few chairs on the porch.

 

Updating the mailbox and address numbers will also make the home appear newer and maintained well. Having a beautiful front yard and exterior setting will allow buyers to notice the property when driving by and seeing a sign in the yard that the home is for sale.

 

Make it Personal

Your goal should be to make your guests feel at home when they tour the property. Consider leaving fresh cookies out on the kitchen countertop or hanging clean white towels in the bathrooms. Adding air fresheners or lighting a few candles will create a pleasant setting that allows them to feel comfortable in the environment.

 

Avoid being present on the property when buyers tour the property, which can make for an awkward encounter. Let your real estate agent represent you and show off the different features while you're away to help potential buyers feel at ease as they take a look around.

 

Make Use of Each Space

Empty rooms can be a turnoff to buyers because they may not know what to do with the space if they purchase the home. Make use of each space in the home by staging an area that can be used as a home office or a home theatre for the family. Getting creative can allow potential buyers to see that the house will serve many different purposes.


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Choosing The Right Colors For Each Room In Your New Home
Posted on Mon, 15 May 2017, 12:35:00 PM  in Home buying tips,  Home selling tips
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Choosing The Right Colors For Each Room In Your New Home

If you have just purchased a New Canadian home and would like to get started on painting but are stumped at where to start, you may find comfort in the list of colors and their common places listed below. You may use this guide as a reference or create your own style as you see fit.

Below you will find a list of colors that are commonly used in rooms throughout a Canadian home. While some colors may seem more practical for one room than another, it is important to remember that once you sign that final contract with your sales representative, then you are free to paint any room in your home in any color that you would like regardless of the suggestions listed below.

 

White

Choosing The Right Colors For Each Room In Your New HomeWhite is often a color that is used in areas of the home that get little light or need to appear brighter and cleaner. These rooms often include, but are not limited to: basements, bedrooms, bathrooms, and kitchens because of its ability to distinguish whether the walls are clean or not.

 

Cream, Beige, Tan, Brown

This group of colors can, and often are, very similar to each other and are consequently used for similar purposes. These colors compliment rooms that you would like to look cozy or welcoming. These rooms most often include: living rooms, hallways, kitchens, and bedrooms.

 

Orange

Orange can be a bold paint choice or it can be found in such a pale shade that it appears similar to the color group listed above. Because of its versatility, it can cover any of the rooms listed above.

 

Blue

Blue is a color that can be found in the majority of houses in Canada. It has a calming affect on people and is often used in spaces where people spend a lot of time. These spaces include, but are not limited to: bedrooms, bathrooms, and living rooms.

 

Green

Green, like blue, tends to make people calmer. There is an unspoken quiet, thoughtful, and tranquil space created inside of any room that is green. For this reason, green is most often seen in studies, bedrooms, kitchens, and common family areas.

 

Red

Red is always a bold choice no matter what shade you choose to paint your room in. Red should be reserved for areas that get a lot of light. It is a favorite among adolescent bedrooms, and occasionally in living rooms or home theaters.

 

Purple

Purple is always a beautiful color to accent a room in. It can have all of the calming and tranquil properties of blue and green, with all of the personality and brightness of Spring. While most commonly seen in girl’s bedrooms and master bedrooms, pale shades of purple may even be found in kitchens, bathrooms, and living rooms.

 

Black Chalkboard Paint

If you have a toddler or adolescent with a creative mind, you may consider painting a wall of their room black with chalkboard paint. This will allow them to release all of their creative energy into a piece of artwork that they will not get in trouble for creating.

 

Advice To Keep In Mind

Just because the colors are listed above does not mean that you have to follow them. You are completely free to choose whatever color scheme you would like in any room of the house you choose to put it in. The above information is simply listed as it is seen in many Canadian homes.


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How To Increase The Appeal Of Your Home When Selling
Posted on Sat, 15 Apr 2017, 01:40:00 PM  in Home selling tips
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When selling a home in Canada, there is almost always something you can do to increase the appeal that your house will have to potential buyers. Some of these things can be easy, quick to do, and cost little to nothing. Other options will require a great deal of time, a set of complex skills, and a good chunk of money. Do not be ashamed if you cannot complete some of the more financially costly options because virtually no house on the market is absolutely perfect unless you personally designed it.How To Increase The Appeal Of Your Home When Selling

If you’re interested in increasing the appeal of your home, then keep reading.

 

Do A Quick Scan Around

The very first things that you should be fixing are the things that have always bothered you and your family members living in the home. If you know that the light sockets need new covers, then replace them with quality covers. If you noticed that the trim in the bathroom is starting to break, crumble, or fall apart, then do your best to replace the trim in the bathroom. If you notice that the carpet has a stain, try to clean it with a carpet cleaner. Any imperfection that you notice will be noticed by at least a portion of the potential buyers that come to look at your home while it is listed.

 

Do A Little Research

If you are not sure of what potential buyers seem to be attracted to, then simply do a quick search on the internet. Many buyers are requesting homes with little to no repair work that must be done and houses that have brand new stainless steel appliances. Many other buyers also like homes with landscaping in the yard and an entry way that is in good condition. These things are likely going to change over time, so remain vigilant in your searches while you are selling your home.

 

Stage Your Home

Sometimes all a house will need is a good interior design artist. These professionals have been hired for years and make a living off of rearranging furniture and staging houses for sales, moves, and personal uses. If you can afford to hire someone to come in and stage your house, consider doing so. Some of these individuals will even be kind enough to give you free advice if you cannot afford to pay for their services.  The Zoi Ouzas Team are not only experienced realtors, but also Accredited Staging Professionals.

 

Ask Your Sales Representative What They Think

Sales Representatives have a lot of experience selling homes. They have met with sellers, consulted with potential buyers, and have done research on what tactics work to sell homes the most efficiently with the least amount of effort. Simply ask your sales representative to take a quick tour of your house and take notes as they feel necessary. Once they have completed their tour, then have them talk to you about what they have found. If you hear anything that you have not already considered, make a note of it and see what you can do to address it.

 

Advice To Keep In Mind

You will never be able to meet every need for your potential buyer no matter how hard you work to fix up your house. The right buyer for your home will always be considering things like painting the walls a different color, landscaping differently in the yard, and replacing appliances, roofs, sinks, and doors. The best that you can do is to try and make sure that your home is liveable and that everything you can fix has been fixed to the best of your ability.


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5 Tips to Help Improve the Exterior of Your Home
Posted on Wed, 15 Feb 2017, 10:40:00 AM  in Home selling tips
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When it comes to selling your home, curb appeal is very important. Potential buyers may skip over your home based on the outside, without taking the time to view the inside. Therefore, you will need to keep the exterior of your home well-maintained. Remember that you only get one time to make a first impression with buyers.

 5 Tips to Help Improve the Exterior of Your Home

Pretend to be the Buyer

Before you begin improving the exterior of your home, you will need to determine what needs to be fixed or changed. Examine the outside of your home by walking around the property and taking notes and pictures. You can write down what changes need to be made, and compare your notes to the photos that you have taken. Look at what needs to be repaired, cleaned, or replaced altogether. You should also drive by the home in a car, during the day and at night. Look for anything that seems off, such as a ball stuck on the roof or a crack in one of the windows.

 

The Cleaner, the Better

If the outside of the home has chipped paint, cobwebs, and stains, buyers will likely keep driving by the home, instead of stopping to come in. This is true regardless if your home is in a great Canadian neighborhood, near all of the best amenities. Cleaning the home and adding a fresh coat of paint is one of the simplest changes to make. When you don’t, buyers will wonder what big issues you have failed to take care of on the inside of the home, such as plumbing, electrical wiring, and more. If there are cracks in the steps or sidewalk, see how much it costs to have those issues resolved. A cheaper way to clean the outside of the home is with a pressure-washer. It will generally work on the sidewalks and driveway, as well as decks.

 

Add Some Color

Painting the home is a good way to make your property look more colorful and refreshing. You can also spruce up the home’s exterior by planting some colorful plants. Add a few plants to the porch, or plant some flower beds in the front of your home. Stay away from artificial flowers; this is a turn-off for most buyers, especially millennials. You can make the home seem brighter by opening the curtains and blinds. Homes that look brighter and more welcoming sell faster than homes that have a dull exterior.

 

The Numbering

If you have old, dingy numbers on your door, buyers may take this as a sign of a poorly maintained home. The numbers on your home need to be shiny, clean, and easy to read. Replace any dingy numbers on the home with clean numbers that complement the style of your property. For instance, if you have completed upgrades and renovations to the property that coincide with the current trends, the numbers on the outside of the home should be more modern.

 

Take a Look at the Roof

You can look up toward the sky to see if any repairs are necessary. Check for dirty or missing shingles. If the roof looks dingy or streaked, change the shingles before placing your home on the market. Sometimes all it takes is a good cleaning to give the roof that appeal it needs to attract buyers. It is important that you give your roof that extra glance. Keep in mind that a buyer will thoroughly check out your home, which includes a roof inspection.

Making a great impression with buyers could bring you closer to selling your home, for a great price. If you use these tips, you could wow buyers from the curb, and get them into the house for a proper viewing!


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When Selling your Home Make Sure it has Curb Appeal
Posted on Thu, 15 Sep 2016, 04:10:00 PM  in Home selling tips
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First impressions are important and a positive first impression when selling your home is essential. Unless a home buyer is looking for a fixer upper, a home that looks like it needs work will not get a lot of consideration. Curb appeal is the key when attracting attention whether that attention comes from a photo or the look of the home from a home buyer driving through the neighborhood.

 

 Let’s discuss seven ways a homeowner can kick curb appeal up a notch when selling a home.

  1. When looking for a new home, one of the first things a prospective buyer will notice is the lawn. Make sure the lawn is neat and trimmed. If the property has a fence of any kind, unmanageable looking grass growing around the fence is not an attractive site. If the home has walkways and planting areas trim the grass along the borders defining the planting areas and walks.
  1. Curb AppealLandscaping never hurt the look of the home unless it is unmanaged. Well maintained flowers, shrubs and trees add a very attractive accent to a property and compliment the home while giving the property a secondary focus in addition to the home. Unsightly utility fixtures can be hidden with properly placed and maintained shrubbery. It is important the vegetation does not interfere with the proper function of the utility fixture.
  1. If the property has a sidewalk and/or curb in front of the property pull out any weeds and grass growing along the gutter line, as well as pick up any litter. It would not hurt to sweep the sidewalk in front of the property and remove any left over ice treatment from the walk. They may seem like small things, but it’s the small things that add to the larger equation that is curb appeal.
  1. Power washing the exterior of the home will remove any dirt, grit and built up debris on the sides of the home and give it a fresh new look. Secure loose shutters or remove them all together. Scrape and touch up any paint that is cracked and flaking and repair any broken or otherwise compromised steps. If the home has a porch and railing system, tighten or replace any loose balusters and perhaps give the railing a new coat of paint. Hanging plants or a well placed potted plant along the porch will give the area a fresh new look. A sitting area on the porch will give the home a comfortable and welcoming feel.
  1. Outside light fixtures should be updated and well placed lights along a walkway or drive area will give the home a sense of security. Most homeowners have home security and safety high on the list of things they want in a home and a prospective home buyer who gets a secure vibe from a home may just want to give it more than a passing look.
  1. Wash the windows inside and out and they will glisten in the sun light. Shades and blinds on the windows will add to the comfort and security value of the home. Clean windows are a sign the home is well cared for and the owner pays attention to detail.
  1. Clean gutters are also an attractive feature to any home and also demonstrate the owner pays attention to detail. Clean gutters assure a potential home buyer the roof will remain uncompromised from any water and ice damage. Since the roof is the most important feature of the home, it is important to keep it secure and structurally sound.

 Investing in a little curb appeal will help increase the attraction to a home for sale and it just may be the difference between a home that languishes on the market and adding the “sold” sign out front.


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Some Things You Will Want To Accomplish Before Putting Your House Up For Sale
Posted on Sat, 30 Apr 2016, 11:50:00 AM  in Home selling tips,  My services
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Before you make a call to a real estate agent, you might want to make sure that you are taking the time to review the following suggestions. This way, you will not only have an easier time selling the house, but you might just be able to get more money for it. You could use a little extra money, right? 


Get Things Nice And Tidy 
The last thing you want to do is to have people walking through your home while it is a complete mess. However, being clean does not always mean that you are avoiding looking like it is not a mess. Clutter can look very messy and you certainly do not want potential buyers to be distracted by the clutter when they should be looking at your home and imagining how they could fit everything of theirs into the home.

This might mean that you will have to box or bag up a lot of your stuff. And that is okay. You can put some things into a storage unit. Then, you can stage yourfresh home to look as universally inviting as possible. 

Freshen Up With Paint
You do not want potential buyers to come through your home, only to spot dull, dirty, and stained walls. Therefore, you might want to go around your house and add a quick fresh coat of paint to all of the walls. You might also want to consider painting the exterior of your home so that the curb appeal is raised a little. Of course, unless you have tall enough ladders to accomplish that, you might need to consider hiring a professional for the job. 

Give Your Home A Few Updates 
It is important to make sure that you are upgrading as much as you possibly can without having to worry about breaking the bank. Small upgrades, such as replacing the old faucets and doorknobs can really go a long way. Believe it or not, many potential buyers will notice these upgrades it will make a great impression on them. If you want additional advice on the things that you should consider upgrading, you may want to schedule an appointment with a real estate agent. 

He or she will be able to point out some of the simple changes that you can make in order to give your home the best look and feel to it before you attempt to put it up for sale. Just make sure that you are doing everything that you can in order to follow the advice that you are given because that advice should be considered golden. 

Get The Carpets Deep Cleaned 
It is important to make sure that if you have any carpets in your home that they receive a good deep cleaning before a real estate agent brings anyone through there. While there are some carpet cleaners that you can use on your own, you might have a better chance of getting the best results by hiring a professional carpet cleaning company. Sure, it will cost a little bit of money, but the deep cleaning will give your old carpet new life. 

With those few things in mind, you should have a much better idea of the things that you should do before you ever think about officially putting the home on the market. The more you prepare for the selling of your home, the more likely you will be able to get a good amount of money for your home and for everything that you have put into it over the years. You should easily find that it is worth all of the time and effort that you put into getting the home ready to be sold. 

 


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Habits of Effective Home Buyers
Posted on Tue, 15 Mar 2016, 10:00:00 AM  in My services,  spare room,  Home buying tips,  Marketing strategies
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The home buying process is always strenuous and requires a lot of patience. In some cases, buyers run out of patience and give up or decide to settle for a home they don’t really like. There are also instances where after a long hunt, the buyers take it against their agents or the seller trying to cool themselves down. Most of these ugly cases can be avoided as the buyers themselves cause them. If you are a buyer and would like to go through the home buying process without much of a hassle, consider embracing the following habits:


1. Get Pre-Approved For a Loan
Before you begin a home search, find out how much loan you qualify for, and the type of mortgage too. There have been cases of prospective buyers falling in love with a home, and when it comes to approving the loan, they realize they qualify for less. In some states, you can’t submit an offer on a property without attaching a Pre-Qualification Form. Let’s say the dealer has received multiple offers, yours will be put at the bottom if it lacks this important document.

2. State What You Must Have and What You Can’t Have
By telling your real estate agent exactly what you are looking for, you make the search a lot easier. This includes specifying the number of bedrooms, bath homes, or even the neighborhood. This will narrow down the search, and save you time for moving here and there turning down every house that does not suit peopleyour needs.

3. Be Realistic
Set a realistic amount for the purchase. Don’t expect to get a mansion for pennies. Also, depending on the neighborhood, a house in a posh area can go for triple the price of its counterpart in a community surrounded by crimes and natural disasters.

4. Be Flexible
It is crucial to be flexible in the home buying process. If you are not having the house built to your specifications, you are unlikely to encounter a house that perfectly meets your expectations. You may find the perfect home, but you realize the colors or the flooring isn’t quite what pleases you. Know what to do with the things that don’t match your specifications, but don’t walk away hoping to meet the “perfect” house.

5. Be Respectful
When you are viewing potential homes, be respectful and responsible. You may be allowed to look into the closets to see their condition, to turn on the stove, or to flip light switches. Ensure you leave the home exactly as you found it. Don’t bang the doors or leave them wide open. Some sellers may be so much attached to their homes and would wish to leave them in the hands of people who would take care of the home. If you seem irresponsible, they may consider not sealing the deal with you.

6. Have Fun 
Buying a home is a tedious process, but if you choose to have a good time during the process, you will benefit greatly. This again involves your rapport with your agent. Treat your agent with respect and don’t look at him simply as a person you have employed to help you acquire an asset. Some people are hard on their agents such that they can’t have any light moments during the transaction. The agent can go a long way to ensuring you get a great deal as most of them have connections in the real estate market.

Following the above tips strictly makes the home buying process less stressful. To add to the list, choose your team wisely and work with the right people. Be open to your real estate agent to make the house search as easy as ABC.

 


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What to Do with a Spare Room When Selling Your House
Posted on Mon, 29 Feb 2016, 11:20:00 AM  in spare room,  Home selling tips,  My services
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Whether you decide to sell your home because you want to downsize or because you need more space, you might have a spare room in your house. This might be the room that your son or daughter used before moving away to college, your old office from when you worked at home or just a simple room that you use for storage and overflow. Buyers may take one look at the clutter in that room and decide to walk away without putting in an offer. Check out some easy and simple ways in which you can transform that spare room.

Exercise/Fitness Room
The health and fitness industry makes more than $1 billion every year around the world. Turning a spare room into an exercise and fitness room is a great way to appeal to those who want to get in shape. Simply add a few pieces of exercise equipment like a treadmill and weight bench, and paint the walls a bright color like yellow or sky blue. This is the perfect time to get your old equipment out of storage. You can also borrow some key pieces from friends or family or even rent equipment from staging companies.

Spare Bedroom
Young couples often looks for homes that have a guest bedroom because they dream of having family and friends stay overnight with them. If you have a spareoffice room that became a catch all for every room of your house, turn it into a beautiful and functional guestroom. Find a bed that fits the space but won't take over the room. As this is a guestroom, you can use a smaller bed like a full size or double. Add a comforter and matching linen set, some throw pillows and just a few key pieces of furniture like a dresser and a nightstand.

Home Office
As the number of people who work full or part time from home increases, the number of buyers looking for a home that has a dedicated office will also increase. A home office is a place where professionals can work without worrying about the kids running around the house or other distractions getting in their way. You really only need a simple desk and a chair to create a home office, but you might look for some other accent pieces as well. Try adding a few file cabinets, hanging some gorgeous prints on the wall and bringing in items like a computer and printer.

Child's Bedroom
Whether you had children who left the nest, or you haven't yet had children, you can make your home more appealing to buyers who have kids. Turn that spare room into a child's bedroom. A toddler bed or a twin bed with a nightstand, a small dresser and a mirror are all you need. Bring your child's toys and books in from storage, or ask friends to borrow some of their children's belongings. Those items give the room a homey and lived in look.

Home Theater
When you create a home theater room out of a spare bedroom, you appeal to those who love films and having fun at home. While some people spend thousands of dollars or more on televisions and other equipment, you can simply move a few items you already own into that room. Bring in a comfortable couch or futon, set up your television and DVD/Blu-Ray player and hang some movie posters on the walls. Make your home appeal to more buyers than ever before with a spare room that you transform before listing it.


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How to Make Saving for a Home Deposit Manageable
Posted on Tue, 16 Feb 2016, 10:15:00 AM  in My services,  Home buying tips,  Marketing strategies
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You have finally decided that it is time to go from renting to becoming a homeowner. Now you are faced with the daunting task of saving for the down payment. In most cases, that amounts to 20 percent of the property’s value. This may seem an impossible hill to climb, but the following tips can help you make your dream a reality.


Create a Budget:
Take a hard look at your monthly expenses to determine how much you can realistically set aside for savings. This is an excellent opportunity to eliminate the little expenses that can slowly drain your bank account. Consider taking your lunch to work instead of eating out or taking mass transport a couple of days a week instead of driving. These little changes can add up to significant savings.

Go Electronic:
Once you determine how much to set aside in savings each month, contact your payroll department to have that amount automatically deposited into a savings account each payday. As part of your budgeting process, you should also set up your reoccurring monthly expenses for automatic payment. This will relieve you of the stress of having to pay bills and eliminate the risk of late fees. 

Save Your Windfalls:
Most of us receive periodic pay raises or bonuses at work. Instead of using that extra money to splurge, automatically set it aside in savings. This is a painless budgetway to add quickly to your savings since you weren’t counting on these funds anyway.

Downsize:
Consider moving into a smaller apartment while saving for your new home. This can reduce your rent as much as 20 to 30 percent. Put the difference between your old and new rent into your savings each month. Moving to a smaller place also gives you an opportunity to pare down your belongs by selling off any unused items. This means even more money for your deposit. 

Live with Family:
More and more 18 to 35-year-olds are choosing to temporarily live with family while they save for their new home. You may have to give up a little privacy, but that is a small price to pay for the opportunity to have your own home.

Contribute Less to Your Retirement Account:
Consider capping your retirement account contributions to the maximum amount that your employer will match and direct the additional cash to your house savings. You are still planning and saving for the future, just in a different way. 

Get Support from Your Friends:
Let your friends and family know about your long-term plans and goals and that you will be making some lifestyle changes. For example, instead of meeting your friends for drinks every Friday, suggest you take turns hosting a weekly potluck at each other’s homes. You get to socialise with your friends while still sticking to your savings plan.

Finally, don’t deny yourself all of life’s little pleasures in your effort to be frugal. You are more likely to be successful in the long run if you do allow yourself the occasional discretionary expense. For example, if you eliminate your weekly night at the movies, consider subscribing to Netflix instead. You can enjoy your movie and popcorn at a fraction of the price.

 


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ZOI OUZAS Sales Representative
RE/MAX Garden City Realty Inc., Brokerage
64 Main Street West, Grimsby ON L3M 1R6
Office: (905)-945-0660 Office: (905)-563-8527
CONTACT ME

 

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