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Bank Appraisals

Bank Appraisals – What you need to know when buying a home in Ottawa

Bank appraisals have always been a part of the buying process. With low inventory and high buyer demand driving Ottawa home prices up, it is important to understand how an appraisal could impact the purchase of a property. How do bank appraisals work? The appraisal is done to ensure that the lender is protected.  If …

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The Impact of Covid-19

The Impact of Covid-19 on the Ottawa Real Estate Market

What We’re Seeing: Ottawa Real Estate in a COVID-19 World (March and April 2020 Market Stats)   March 1-15, 2020 At the beginning of the month, the spring market was heating up. Monthly sales in Ottawa had been increasing between 10-16% from 2019. It was a hot seller’s market with plenty of motivated buyers and …

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