Trusted Tips and Resources

Trusted Tips & Resources

June is Credit Score Month and our Trusted Regina Partner Robert MacKay want's to help you understand the importance of your credit score.

June is Credit Score Month and our Trusted Regina Home Lawyer Robert MacKay of Mackay and McLean want's to help you understand the importance of your credit score

It’s often the first indicator that you are an identity theft victim. If you find names you don’t recognize, Social Insurance numbers that don’t belong to you, or accounts that aren’t yours, you might be a fraud victim. Credit reporting companies can help you stop the credit fraud and prevent future misuse of your identity.

Here are 5 reasons to check your credit score:

  • It’s free. Never pass up a freebie, especially when it can affects your financial health and well-being. Your credit report plays an important part in your credit transactions and many other financial relationships.  Get your annual credit report.
  •  It’s an important step in rebuilding and maintaining good credit. Reviewing your credit report periodically will help you make sure it is in good shape when you are ready to apply for new credit and enable you to monitor your progress if you are recovering from past credit problems.
  • It’s an important part of managing your personal finances. You should review your credit report just like you do your bank statements and credit card bills. Managing credit, keeping track of spending and putting aside savings are all essential to being financially successful.
  • It’s often the first indicator that you are an identity theft victim. If you find names you don’t recognize, Social Security numbers that don’t belong to you, or accounts that aren’t yours, you might be a fraud victim. Experian and the other national credit reporting companies can help you stop the credit fraud and prevent future misuse of your identity.
  • It’s the first step in correcting any information you feel is inaccurate. The vast majority of the time people find everything is accurate. But if you do find something wrong, your personal credit report comes with instructions for submitting disputes and contact information including a toll-free telephone number, Internet address and mailing address.

Make sure your credit information accurate.

 Your credit score is a reflection of the information in your credit report. Checking your credit score can give you an indication as to whether your credit report is accurate. If your credit score is lower than you expect, it could be a sign that your credit report contains errors that need to be disputed with the credit bureaus.

Add a fraud alert

A fraud alert, or identity verification alert, tells lenders to contact you and confirm your identity before they approve any applications for credit. The aim is to prevent any further fraud from happening.

Ask the credit bureaus to put a fraud alert on your credit report if:

  • you've been a victim of fraud
  • your wallet has been stolen
  • you've had a home break-in

You may need to provide identification and a sworn statement to prove that you've been a victim of fraud.

You can set up a fraud alert for free with Equifax. TransUnion charges a fee of $5 plus taxes to set up a fraud alert.


A strong credit profile and reasonable debt ratio are equally important if you want the best mortgage rates and terms.


For more questions and help with any legal property issues consult with our Trusted Regina Real Estate Lawyer Robert MacKay

Trusted Regina Real Estate Lawyer Robert MacKay warns about the potential implications of renting your property.

Our Trusted Regina Real Estate Lawyer Robert MacKay want's to ensure Landlords are fully aware of the financial and legal issues that can arise from criminal activity conducted by a tenant.  

A recent article from the Star Phoenix "Regina landlords lose bid to make insurer pay for drug-house explosion" details how a local landlord attempted to gain compensation for the home from the insurance company.  The insurance company had denied their claim and pointed to a 2003 notice posted in a renewal package that stated simply: “We do not insure property used for the illegal cultivating, harvesting, processing, manufacturing, distributing or selling of marijuana.”

Even though the landlords claimed they took all reasonable steps to screen the tenant and his partner, who had children and were otherwise “model tenants.” There was simply no way for them to know the tenants were surreptitiously running an illegal drug operation in the home, they argued.  However Court of Queen’s Bench Justice Richard Elson rejected those arguments stating "changes to the policy were hardly “buried.” They came highlighted in a special box on the front page of the renewal form". Further, he noted that renting always carries an element of uncertainty — and landlords should be prepared for the worst.


How can a landlord limit responsibility for crime committed by strangers on the rental property?

Screen tenants carefully and choose tenants who are likely to be law-abiding and peaceful citizens. Weed out violent or dangerous individuals to the extent allowable under privacy and anti-discrimination laws that may limit questions about a tenant's past criminal activity.

  • Don't accept cash rental payments.
  • Do not tolerate tenants' disruptive behavior. Include an explicit provision in the lease or rental agreement prohibiting drug dealing and other illegal activity and promptly evict tenants who violate the clause.
  • Be aware of suspicious activity, such as heavy traffic in and out of the rental premises.
  • Respond to tenant and neighbor complaints about drug dealing on the rental property. Get advice from police immediately upon learning of a problem.
  • Consult with security experts to do everything reasonable to discover and prevent illegal activity on the rental property.
As in this case screening doesn't always help it can limit the possibility of being denied by your insurance company.  Ultimately the liability falls on the property owner to be aware of the possible issues that can arise from criminal activity.  

Before you decide to rent out a property consult with a lawyer such as Robert MacKay to be certain that you are aware of all the potential legal implications and your options.  

For more questions and help with any legal property issues consult with our Trusted Regina Real Estate Lawyer Robert MacKay



Full article:

Regina landlords lose bid to make insurer pay for drug-house explosion

Nine years after a "honey hash oil" operation sent a fire ripping through a Princess Street home, the tenants will have to pay more than $179K

ARTHUR WHITE-CRUMMEY, REGINA LEADER-POST Updated: May 29, 2018

Future Print tells us about their environmentally friendly printing solutions

Future Print is proud of the strong roots they have built in the Regina community. They are locally owned and operated and have been since 1981.

They love what they do and if you spend 5 minutes with Karmen you will know that this is very true!  The passion he and his team have for their work enables them to take ownership of their clients' projects. They constantly strive to deliver the highest-quality products possible.

Future Print offers a wide range of services and products:

Future Print are your Trusted Regina Printers. 


Future Print Regina answers Are you a “green” company?

You want to send out print marketing, but you’re concerned about the impact and want to find environmentally friendly printing solutions. Future Print will put your mind at ease and help you show your customers that you care about sustainability through our commitment to eco friendly printing.


The print industry as a whole, is not only environmentally friendly, but we are one of the most sustainable industries today. The industry makes tremendous investments in applying renewable energy sources and creating environmentally friendly supplies. 

Why should you use recycled papers?

When it comes to paper communications, recycled paper is the greenest option, it uses less energy, water, and produces lower carbon emissions than the manufacturing of non-recycled paper and at the same time reduces the amount of waste to landfill – as paper can be recycled up to 5 times. On average, the production of virgin fibre paper, followed by incineration uses twice as much energy than it takes to produce recycled paper. With advances in technology and processes, recycled paper is now as white and has the same print performance as non recycled paper.


Future Print takes very seriously their role in preserving the environment and integrate numerous green practices into their daily operations. In addition to energy-efficient equipment and chemical-free technologies, they can perform many print jobs using recycled paper stock. If you would like to use recycled paper for your next print job, let them know. You’ll be pleased with the results and feel good about helping the environment, too.


To find out more about Future Print check out their Trusted Regina Printers listing here

Trusted Regina Real Estate professionals W2 Real Estate share a tip on common home inspection items

W2 Realty team share a tip on common home inspection items

The W2 Realty team are Karin Wees and Jen Welykholowa, two very well respected Regina Real Estate Agents from Realty One Real Estate Services Inc. The decision to purchase your home is one of the most important decisions you will ever make, and will also be one of your largest investments. Done right, it can also be one of the most exciting and fulfilling times in your life!

When you work with Karin and Jen at W2 Realty, you are getting a team of dedicated real estate professionals working together for your best interest. The W2 Realty team are Trusted Regina Real Estate Agents.

Karin and Jen.... The Regina real estate team dedicated to you making the "right move" 

A professional home inspection is generally a standard condition of your real estate purchase when you are buying a home and it's a super important part of the process!  There are a few normal maintenance items that come up regularly in inspections so as a seller it’s a great idea to address these issues prior to listing and help to make that part of the sale process go smoothly! Here are a few items of note:


  1. Furnace Maintenance & Service including regular changing of filters - Mechanical service is generally recommended every 12-24 months depending on the age of the furnace and cost will vary depending the extent of service & provider. Furnace filters should be changed often & length of time depends on the filter & your home environment i.e. if you have pets, etc.  To simplify the process we recommend buying the 4 pack and change them quarterly on the 1st of the month…then it’s easy to remember January/April/July/October.
  2. Water Heater maintenance - the regularity of service depends on the type of water heater but chances are if you have never had it serviced, you should!! Our Regina water is tough on our water heaters for sure and if you rent your heater, regular service should likely be part of your contract.  If not call any qualified plumber to help you out!          
  3. Proper Grading - this comes up more often than not because of ground or concrete settling near the foundation of your home. One of the biggest culprits of water issues in basements is improper grading so It’s super important that water runs away from your foundation. One of the simplest remedies is making sure that extensions on your downspouts are suitable …and at this time of year it’s the one thing you can address, as well as moving all of that snow away from the foundation walls.  Once it has melted you want to be sure that the ground level is taking water away from the foundation and it may require topping up the soil levels to accomplish that. If you’re not handy in that regard of course we have great landscape companies in Regina that can help out and make sure you get the right product to address the issue! 

 

If you have questions about the process of buying or selling a home we are happyy to help and don't hesitate to ask...you can contact us at info@w2realtyteam.com

We are your Trusted Regina real estate team and we are here to help you make the right move!


When you decide to work with an agent you should choose someone you feel comfortable with and trust to have your best interests at heart. We can answer your questions and concerns and provide referrals for staging, mortgage brokers, home inspectors, real estate attorneys, and pretty much anything else you may need in the purchase or sale of your home! We are your advocate and guide through the process.

Happy House Shopping!!

Karin & Jen

 

So make the smart and simple choice today, you see a Trusted Regina realtor is never a risk and W2 Realty are Trusted Regina Real Estate experts! 


Have a look at more amazing tips from the W2 Realty team which are sure to help you in buying or selling your home in the Regina and surrounding area:



    

Trusted Tip How to hire a local qualified contractor for your Regina home improvement or renovation project.

As homeowners we all wonder what questions to ask a contractor to avoid a potentially horrible situation.  We have all heard  nightmare stories of home renovations gone wrong but how can anyone be sure this wont happen to them?   At Trusted Regina we believe we can help.  Trusted Regina was formed to help the public find local businesses you can TRUST.  In this article we share some of the ways we research businesses to ensure we have the best local contractors.  Giving you peace of mind knowing you have hired someone you can TRUST to do the job right.  

 

Requesting proof of insurance is one of the first steps in searching for a quality and Trusted Regina contractor.  

Are they Insured ? Any good contractor should carry liability and worker’s compensation Insurance this is something you should always require a contractor to have.

Contractor Liability Insurance

This will protect you if a contractor creates damage to your home, neighboring properties or injury to a third party that may occur during the renovation.  Ask to see a Certificate of Insurance; it should state the name and address of the contractor, the amount of general liability, including coverage for bodily injury and property damage, and the effective and expiry dates of the policy as well as the date of issue of the certificate.  Once you know the contractors liability coverage take it to your Insurance provider to ensure you are fully covered during the renovation as a renovation may require you to increase your coverage for a period of time.   

Workers Compensation

Except for single-person companies, Contractors are required by law to pay WCB premiums on behalf of their employees in the event of a workplace injury. Hiring a contractor that is not in compliance makes YOU the homeowner the project manager and liable for ANY injuries occurred during the renovation. Request a letter of good standing to ensure their premiums are paid up.  

Ask for references 

When anyone applies for a job they are required to provide references.  Why should a contractor be any different!  At Trusted we ask for so many references it's borderline obscene... it is A LOT and we call them all!. We don't anticipate you calling the number we do but we do think it is always a good idea to request references and that you call them.  Typed references or letters of recommendation are ok but a voice and a person are always best. 

There are two types of references you should request.

Client References:

Gaining a list of people who have used there service is extremely helpful and an indication of the amount of jobs they have done.  Asking if they did a good job is not always a good indication of the quality of their work and dedication to customer service.  Dig deeper. here are some suggested questions. - How did you find the contractor? how many jobs have they done for you?  Would you hire them again?  Would you recommend them to a family member? Did they finish the job on time?  Did they charge you the price quoted?  We have the 5 Trusted Guarantees and all of our contractors have to uphold them these are only some of the questions we ask. 

Supplier references

Though not always foolproof, supplier references are very important and help give some insight as to weather or not the contractor pays it's suppliers on time.  Which may in turn help you protect yourself from creditor liabilities.  Builders lien's are something you should know about and try to avoid!.  Here is a great article on how to avoid a builders lien.  

Check their online rating and memberships 

Another way to check and see if a contractor is worth hiring it to check sources like Trusted Regina to see if they have been put through a process of ensuring that they are who they claim to be. This is also are a very strong indicator of a company's commitment to professionalism. You should also search to see if any complaints have been made about them online and how they dealt with those complaints.  From time to time mistakes can happen.  But it is how a company deals with those mistakes that can show a great deal about how they would deal with you.  

Experience, education and certification 

Trade licencing requirements 

A contractor should easily be able to tell you how long they have been in business and have a valid business licence.  Beyond that there are other things you should ask.  Depending on the type of work you want done there are licencing requirements for different trades in Saskatchewan.  Ensuring that each trade has the proper licencing can prevent major issues down the line.  In Saskatchewan there are four compulsory apprenticeship trades. Electrician, Plumber, Refrigeration Mechanic and Sheet Metal Worker. To work in a compulsory apprenticeship trade you must have a journey person certificate or be registered as an apprentice with the SATCC. If one of the trades your contractor has working on your project claims to be a professional in this area ask for their certification. 

Ask for Examples of their work

Most contractors have tons of images of work they have done in the past.  See examples of their work can give you a good indication of the type of work they can do.  We do caution you however that sometimes that though they may be very lovely images you can't always be sure of the quality of the underlying work!

More info...

We hope this article helps you find the right contractor for your renovation project. We always hope you choose one of our Trusted Regina Contractors for any of your projects.   

If you are looking for more information about hiring a contractor we have several other articles that can help steer you in the right direction.




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TrustedRegina.com
1307 Ottawa Street
Regina, SK   S4R 1P3
Ph: 306.529.8558

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