Tag Archives: resale

Are the footings of your house warm?

Over the last few winters, a small crack has appeared in a corner of your house’s foundation.

You tell yourself that it’s tiny and therefore harmless. And you move on to other things.

That’s a big mistake because you find yourself faced with a structural problem that will affect the stability of your house. This will affect the resale value.


Where does this crack come from? Why is the foundation of the house cracking? Can you do anything about it?

The freeze and thaw cycle is often the primary cause. Depending on the region of Quebec you’re building is located in, the depth of the foundation walls varies. When you do work around the walls, you have to always keep in mind to protect them against freezing.

Once a crack is visible, how do you prevent it from degrading? Continue reading

Your house as pension plan

Source: iStockphoto LP

For many people, a house seems like a miraculous investment: Owning a home solves most financial problems and is the ultimate pension plan.

It’s an undeniable fact that a house is a long-term and effective investment. Most property owners and experts agree on this. But placing all your bets on a house is a huge risk.

Patrick Charlebois, investment advisor and manager at Bank National Financial in Trois-Rivières, cautions his clients. He definitely recommends purchasing a home and lists the advantages: good financial investment, better quality of life and a valuable asset for retirement.

Becoming an owner helps you to obtain a good credit file, to develop discipline for the family budget and to acquire the habit of saving money. But property owners may commit an error by placing all their hopes on their property. Continue reading