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Carol's-Venture Just sharing the basics of buying, selling, and investing in real estate. Disclaimer: I’m not a realtor or financial advisor but just sharing some tips

Follow for valuable tips, and educational posts designed to help someone make smarter property choices.

05/09/2025


27/08/2025

Buying an old home in Saskatchewan can be a great opportunity—many older houses have solid craftsmanship, larger lots, and character. But they can also come with hidden costs and challenges. Here are the main things to consider:
🏡 Saskatchewan Old Home Buyer’s Checklist

🔎 Exterior & Structure
👉Roof condition (missing shingles, leaks, sagging)
👉Gutters & downspouts (working, draining away from house)
👉Foundation (cracks, uneven surfaces, water stains)
👉Exterior walls/siding (rot, damage, peeling paint, asbestos siding)
👉Windows & doors (drafts, broken seals, single-pane glass)
👉Lot grading (water drains away from house)

🏠 Interior & Layout

💥Uneven or sloping floors (may indicate foundation issues)
💥Cracks in walls or ceilings (settling vs. structural)
💥Signs of water damage (stains, bubbling paint, musty smell)
💥Attic insulation and ventilation (heat loss, mold risk)
💥Basement condition (dry, no standing water, no strong odor)

⚡ Utilities & Systems

✅Electrical system (breaker panel or old fuse box? any knob-and-tube wiring?)
✅Number of outlets per room (grounded or ungrounded?)
✅Plumbing (material type—copper, PVC, galvanized steel, or lead?)
✅Water pressure & drainage (slow drains may mean old pipes/sewer issues)
✅Furnace/boiler age and type (efficient enough for -40°C winters?)
✅Hot water tank (age, size, leaks)
✅Air conditioning (if installed, age and condition)

🛡️ Health & Safety
🔥Asbestos (insulation, tiles, ceilings—ask if tested/removed)
🔥Lead paint (homes built before late 1970s may still have it)
🔥Mold/mildew signs (especially in basement, bathroom, attic)
🔥Radon mitigation system (if area is radon-prone—test kit recommended)
🔥Old oil tank (underground or above ground—expensive to remove)

📜 Legal & Financial
📍Property taxes (verify current annual cost)
📍Zoning (are basement suites or future renovations allowed?)
📍Permits for past renovations (were they properly approved?)
📍Heritage designation (could limit exterior changes)
📍Insurance eligibility (some insurers won’t cover old wiring or oil tanks)

🌳 Neighborhood & Location
♻️Proximity to schools, hospitals, grocery stores, and transit
♻️Street condition and city maintenance (snow removal, sidewalks)
♻️Age of neighborhood infrastructure (sewer, water, electrical lines)
♻️Noise, traffic, and safety in the area
♻️Future development plans (could increase or decrease property value)

📝 Final Steps
⭐️Hire a licensed home inspector (experienced with Saskatchewan homes)
⭐️Consider a sewer line scope inspection (tree roots & collapse are common)
⭐️Ask for utility bills (to check heating/electricity costs)
⭐️Get quotes for renovations or upgrades before making an offer
⭐️Review with your lawyer & insurance provider before finalizing

👉 Bottom line: An old home in Saskatchewan can be a great investment if you plan for repairs, budget renovations, and confirm it’s structurally sound.

Happy Tuesday!Planning to invest in real estate, then you might consider this book. This book will show you how to lever...
26/08/2025

Happy Tuesday!
Planning to invest in real estate, then you might consider this book. This book will show you how to leverage other people’s money and capital to get amazing returns on your initial investment.
Here's the link below to purchase on Amazon.

No matter how much money you have in your checking account, there is always real estate you can’t afford. But the contents of your wallet don’t have to define your future! This book will show you how to leverage other people’s money and capital to get amazing returns on your initial investment...

25/08/2025

How 's your day everyone?
Hope you have a blessed Monday. 😊

29/07/2025

Not every opportunity is a blessing.
Sometimes what looks like a shortcut to success is just a well-dressed trap. Be mindful. Ask questions. If it feels off, it probably is. Protect your peace not everything that shines is meant for you.

28/07/2025

"Real estate is more than land and buildings, it's the foundation for dreams, the bridge to financial freedom, and the legacy you leave behind."

27/07/2025

Real estate isn’t just about property-it’s about potential. Every space holds a story, and every investment plants the seed for a future."

10/06/2025

Having a home inspection before buying a property in Canada is a crucial step in the real estate process. Here’s why it’s important
✅ 1. Uncover Hidden Issues
A professional home inspector can reveal hidden defects that may not be visible to the untrained eye—such as:
🔴Foundation cracks
🔴Roof leaks or aging
🔴Plumbing or electrical issues
🔴Mold, mildew, or moisture problems
🔴Pest or rodent infestations
✅ 2. Estimate Future Repairs
An inspection can help you estimate future repair and maintenance costs, such as:
👉Replacing a furnace or water heater
👉Upgrading outdated electrical systems
Fixing or replacing windows, insulation, or roofing
✅ 3. Negotiation Power
If problems are found, you can:
👉Renegotiate the purchase price
👉Request repairs or credits before closing
👉Walk away if the issues are too serious
✅ 4. Safety Assurance
Inspections often check for safety hazards like:
👉Carbon monoxide leaks
👉Faulty wiring
👉Structural instability
👉This ensures you and your family are moving into a safe environment.
✅ 5. Peace of Mind
Buying a home is a major investment. A home inspection gives you confidence that you’re making a sound decision with fewer surprises down the road.
✅ 6. Mortgage & Insurance Requirements
Some mortgage lenders and insurance providers may require a home inspection to approve your financing or coverage, especially if the home is older or previously damaged.
Final Tip:
Make sure your home inspector is licensed and experienced in Canada's building codes and climate-specific concerns (such as snow load, frost heave, and proper insulation).

02/06/2025

Maraming salamat sa isang araw na lumipas. 🙏 Sana kami po ay iyong gabayan sa aming araw araw na pamumuhay.

11/05/2025

Happy Mothers Day To All Mothers Out There.

24/04/2025

👉When choosing where to buy your first home or investment it always comes with the Location, Location, Location because it emphasizes the importance of property location in determining the value and desirability. 🥰

Happy Easter Sunday Everyone
20/04/2025

Happy Easter Sunday Everyone

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