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November Sales Numbers are In...Here's the Data!

by Claire Franceschetti

Here is the monthly sales report from TREB. Overall, the number of residential sales is clearly down over last November, but surprisingly, prices continue to increase. Click on the link to see Brian Mercer's summary. If you'd  like a full report emailed to you, please drop me a note. I would be happy to send it your way!

 

Buying an Old Home in Vaughan: Buyer Beware!

by Claire Franceschetti

Who can resist the charm and character of an older home?

 

Before you buy, here are some common issues that may prevent you from securing insurance.
 

 

Wiring:

Knob and tube wiring, may be considered a fire risk. If a home inspector finds this wiring, the insurance company may require updating the electrical system.

 

 

 

 

 

 

Galvanized or Lead Pipes:

These older pipes are more susceptible to rust build-up and blockages. Because of the risk of flooding from bursting pipes, you may need to upgrade to modern copper or plastic pipes.
   

Heat source: Details will be required about age, location and condition of oil tanks, often used in older homes for heating
   

Wood Stoves: Often the source of house fires and carbon monoxide poisoning, wood stoves will most likely need to be inspected before an insurance policy will be confirmed.

Displaying blog entries 1-2 of 2

Contact Information

Photo of Claire Franceschetti Real Estate
Claire Franceschetti
Right At Home Realty Inc.
190 Marycroft Ave.
Vaughan ON L4L5Y2
Direct: 416-918-6325
Office: 416-391-3232
Fax: Fax: 416-987-8001