Monday, October 24, 2011

Is A Ottawa Condo Life What I Really Want?

It can be tricky trying to imagine yourself in a condo setting if you have never have the chance to experience it for yourself. If you have been a homeowner for years or are considering your future options for retirement, here is a glimpse into the life of a condo owner.

Watch the work get done

As a Ottawa condo owner you won't have many responsibilities. You'll be able to sit back, relax and enjoy yourself a lot more since the gardening, lawn and general maintenance will be provided for you. This is perfect for someone that wants to enjoy their retirement without having to worry about the things that take up so much time when you own a home.

Enjoy the social setting

If you are a social person you'll love Ottawa condo living. This will be a close and personal setting for you to get to know your neighbors in the common areas around the grounds. Life is not always rosy and there may be a few grumpy tenants, but if you learn to ignore them a condo can be a rich and rewarding social environment to live in.

Feel safe and secure

Most condos have extra security so that you don't have to waste your time worrying about your home being vandalized or broken into. Thieves don't like security cameras or gated entrances. This is a big benefit to condo living that is really important.

A lot of people would never trade Ottawa condo life for a single family home. If you are social and enjoy the company of others, want to live in a safe environment and want to watch others mow the grass for you, take a second look at what Ottawa condos have in store for you.

Color Up Your Ottawa Condo For A Great Effect!

Bored with your Ottawa condo and ready for a facelift? Try pulling out a few cans of paint to make a dramatic effect in no time at all!

Green

If you don't have a "green room", make your own! Get some green paint and paint one of your rooms. Use various tones of green for more excitement and buy some potted plants to set around the room. You can even purchase a green flowered border for the walls to make the room stunning. This can be done in any room such as a living room, kitchen, bedroom or even a bathroom. Green is fun, lively and calming at the same time.

Red

If you are ready for a big change try making one of your rooms red. If you think it is a bit too much just paint the borders red and then add red accessories to the room. You'll certainly see the difference when you make a radical change to red!

Pink and brown

When done correctly these colors look simply elegant. Go to a paint store and mix and match these colors until you find 2 that complement each other well. Paint the walls pink and the borders brown or vice-versa. Accessorize as necessary to complete the effect in your Ottawa condo.

You won't believe the difference when you make an uplifting change to your Ottawa condo. You'll feel better about your living space and will probably find yourself more productive as well. Just remember to check the terms and conditions of your condo agreement to make sure that painting the walls or borders in colors that aren't neutral is fine and then go ahead and start painting!

Clearing The Clutter Before Your Ottawa Move

Moving can be a very stressful time, to say the least, but there is one thing that you can do to really take a lot of the frustration out of your Ottawa move. You can de-clutter well before moving time to reduce the load being moved and to make things a lot easier on yourself.

Moving is the action of packing up your valuables and possessions and then moving them to your new place. A lot of people confuse this action with organizing. They are, in fact, two completely different cycles that need to get done before the move takes place. Trying to do them both at the same time is a major cause of moving stress.

Organize beforehand

Take the organizing part of your Ottawa move and do it on its own before the packing starts. Make sure that it is completed before moving onto the packing part. Do not mix them together.

If you have some time before your move, get the organizing done right away. This will free up some of your valuable time between the de-cluttering and the packing. This will give you time to make some other arrangements for the move and get all of the paperwork in place.

Packing, when done only as packing and not organizing, is in itself quite a simple process. Moving from one room to the next in an organized fashion is fast and easy - especially if you have already gathered together the correct packing materials.

If you are planning a Ottawa move in the future and want it to be virtually stress-free, follow the advice above. Packing itself is simple. The problem comes about when you try to do other things with it.

Buying Your First Ottawa Home - Co-Buying Options Part 2

There are so many things to consider if you want to buy your first Ottawa home with somebody else. What if one party no longer wants to own the house, wants to sell and the other one isn’t ready yet? What if there is a sudden emergency and one party can no longer work or is unexpectedly let go from his place of employment for one reason or another? These situations can easily arise from time to time and the best way to handle them is by implementing some basic principles and rules before any official signing takes place.

When one party wants out

What would happen if one person no longer wants to have a part ownership in the property? Can they sell their percentage of the property to another person?

Yes they can unless it is specifically mentioned in the paperwork. One thing that can be done is to allow the co-owner that will be remaining on the property a chance to buy out the other co-owner's part of the Ottawa home. There may be other provisions that may be allowed depending on what part of the country you live in. It is best to contact a real estate agent to find out more details.

This is a very important point to get straightened out at the start. If, for example, you don’t want to sell and your partner does, he may end up selling his share to someone you don’t particularly like. It all depends on the wording in the contract and the laws where you are located.

Buying your first Ottawa home does not have to be a financially binding chore, especially if you choose to share the ownership costs with someone you trust. You just need to ensure that everything is set in place to cover the bases in case someone opts out of the deal later on or an unforeseen event occurs.

Buying Your First Ottawa Home - Co-Buying Options Part 1

If you are having a hard time scraping together the money required to make a down payment on your first Ottawa home you do have an option that you may not have considered before. Have you ever thought about co-purchasing a home with one of your close friends or relatives? This may be the solution that you need to start investing your money into Ottawa real estate.

A lot of people overlook this option since it is quite a jump to take on a business relationship with a friend or member of your family. Also, this kind of endeavor must only be made with a trustworthy person. Anyone that has not yet reached this level within your trust group should not be used for this type of arrangement since many friendships have been ruined when business becomes a part of the relationship.

Making an agreement

Once a verbal agreement has been made it will need to be transformed into a legal one. It is advisable to use a real estate attorney that has drafted up this sort of agreement before.

A lawyer that has experience in co-ownership agreements has seen the kinds of potential problems that can come up in the future. While all may seem promising during the first discussions, things can become heated later on and can cause this type of ownership to turn into chaos. For example, if anything is not fully understood between the two parties involved it can create confusion down the road. When everything is in writing, however, these are easily cleared up to everyone's satisfaction.

Think about the possibility of investing in your first Ottawa home with someone else if you are short on a down payment and don’t want to wait any longer to get started. It really is a lucrative option that can get you towards home ownership much sooner.