Adele Paletta's Blog

Condominiums

Condo living is good for all kinds of people but you should be aware of the good and the bad of this type of living. The Pros and Cons of Condominium Ownership Wondering whether or not condominium living really is the right choice for you? You may love the idea of ditching your snow shovel and...

Divorce and your home:

6 things you need to know before you sell.         If you’re thinking about or already going through a separation or divorce, you’re definitely not alone. The sad truth is that more and    more Canadian families are experiencing...

10 Ways To Avoid The Tenant From Hell*

Most residential tenants are long term tenants who pay their rent on time and properly look after a landlord’s property. The trick is to do the proper research in advance so that you do not end up with the tenant from hell. Here are some tips to follow: When you advertise for tenants,...

Moving House Means Moving Mortgage

This Blog came from the Dominion Lending April Newsletter. I found it very informative to pass along. Do you have a mortgage on your existing home and you're thinking of moving? There are some things you first need to consider. The importance...

CPP Survivor Benefits

When a spouse is  dealing with a death of their spouse this is what types of benefits are available. Canada Pension Plan Survivor Benefits (Information courtesy of Service Canada) Canada Pension Plan survivor benefits are paid to a deceased contributor’s estate, surviving...

First Time Home Buyers

Buying a home for the first time is an exciting time in your life, and it is also a scary time. There are many questions you have, and your real estate agent should be able to help walk you through this process. You need to ask yourself what kind of a home you can see yourself living in, such as a townhome,...

Seniors and Housing

Seniors have a unique need in housing related to changes that occur with age. Some of these changes may be a normal part of healthy aging, while others may be related to unhealthy aging. Chronic conditions and physical limitations can effect their safety in their own home. Housing for seniors must...

What is a Reverse Mortgage?

For some mature seniors that are investment poor but house rich and looking to stay in their home, an option they can use is a reverse mortgage. A reverse mortgage allows you to take out a certain portion of your equity either in a lump sum or in monthly payments. You pay no interest on the money while...

ARE YOU AWARE YOU HAVE A CHOICE WHEN BUYING?

Did you know that the Real Estate Agent working with you may be working against you? Did you know if you contact a realtor on a "For Sale" sign on a property, you are dealing with a listing agent, one who is duty-bound to get the best deal for the seller? Did you know you can be pro-active...

OLD AGE POEM BY EDGAR A. GUEST

I found this Old Age Poem and I loved it. I would like to share this with you as well and I hope you enjoy it also. We sometimes need to see seniors in a different eye. OLD AGE I used to think that growing old was reckoned just in years, But who can name the very date when weariness appears? I...

MARRIAGE WILL TRIGGER REVOCATION OF WILL

It is not widely known that when you get married it triggers a revocation of a will.  If you get married and you do not change your will to include your spouce,  and you die, you will die in what they call "intestate" your estate will be destributed according to the law of that Canadian...

Grey Divorce

Grey Divorce In Canada, currently, the only age group that is seeing a rise in divorce is people over 50. Why? The empty-nest syndrome, more financial independence for women, living longer in better health, and prospects of new relationship are all contributing factors to this trend. People are waiting...

SOCIAL NETWORKING FOR SENIORS ON THE RISE!!!

Grandpa and Grandma are now on facebook and twitter to keep in contact with their grandchildren, kids and friends. Studies have found that social networking has almost doubled for seniors, and they are becoming more comfortable using the internet than ever before. This gives seniors the chance...