Should I Build Or Should I Buy A Home?

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If you are in the market for a new home, you may have considered building from scratch instead of buying a resale home. While the decision isn’t always simple or obvious, each option has its pros and cons. Building a new home – advantages Control over details You can personalize the details of your home […]

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“Virtual Staging” Can Be Misleading. Make Sure You Are Aware Of This

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We are living in a sophisticated digital era where real estate photo enhancement is being done on a massive scale. There is also sophisticated virtual staging software available, where one can completely transform the makeup of a listing in a very short period of time. Both factors have helped transform the home staging concept. Consider […]

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Here Are Some Great Ideas On Buying A Home, For First Time Home Buyers

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Owning a home is a dream and a goal for most of us. But today’s first time homebuyers face numerous challenges in the form of higher prices and government regulation, which makes this dream more difficult and out of reach for some. So as a potential first time homebuyer, you have to change the way […]

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Fixed Rate Mortgages Are Now More Sought After Than Variable Rate Mortgages

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According to most mortgage brokers today, fixed rate mortgages are outnumbering variable rate mortgages. Until a few years ago, variable rate mortgages were the savvy homeowner’s go to choice, where the homeowner typically paid a lower interest rate for a variable rate compared with a fixed rate, and the borrowing costs would adjust when the […]

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How To Protect Yourself From Mortgage Fraud As Home Buying Season Dawns Upon Us

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Winter is over, the snow is beginning to melt, temperatures are getting warmer and “for sale” signs will begin springing up in various neighborhoods. This is the signal for home buying season. If you are planning on buying a home, here’s how you can avoid being a victim of mortgage fraud and protect yourself and […]

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How To Maintain Your Home During The Harsh Winter Weather

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A cold winter can be especially hard on a house. Snow and ice can wreak havoc on your property if not dealt with in a proper manner.  A bit of preventative maintenance can ensure that you will not have the problems of frozen pipes, ice dams and other winter woes. Prevent cold air form getting […]

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Why Is Title Insurance So Important?

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When you purchase a home, the title of the property passes on to you the new homeowner.  Your property’s title provides the legal proof that you are the rightful owner. So when you purchase title insurance, you are protected against a number of risks and challenges that are related to the title of your home. […]

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Here Are Some Important Facts To Know About The Principal Residence Exemption When You Sell Your Home.

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  If you sell your home and it is designated as your principal residence, then you have the ability to claim the principal residence exemption (PRE) on the sale. The PRE is probably one of the most valuable tax breaks available to Canadian homeowners, as it provides them with an exemption from tax on the […]

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5 Great Reasons Why Maintaining Your Roof Is So Important.

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Your roof is one of the largest parts of your house and the most vulnerable, as it is exposed to weather hazards and other elements that contribute to its damage and deterioration. If it is neglected, its lifespan can be dramatically shortened and this can be very expensive for you the homeowner. By doing regular […]

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How To Be A Responsible Short Term Rental Operator

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A short-term rental is a stay in your principal residence for less than 30 days where you receive mail. If the property is a rental, then the strata bylaws must allow short-term rentals. If the property is a rental, then the landlord’s permission must be obtained. A business license must be obtained if you want […]

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Real Tips On How To Save Money On Your Energy Bills This Winter

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Nowadays, the price of pretty much everything is going up, including energy. While the cost of heating your home may be steadily rising, you are in a position to control how much energy you use, thereby reducing the pain in your wallet. Below are some tips to help reduce your costs while improving the comfort […]

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If You Are Planning To Build A New Home, Here Are Some Important Tips You Cannot Ignore

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It may seem a daunting task, but building a new home can be a rewarding experience.  You can truly make it your own: you get to choose colors, cabinets, flooring and fixtures without having to deal with the design choices or shortcuts made by previous owners. But building a new home can be very stressful […]

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Should I Sell Or Should I Renovate? – Important Points To Consider

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You have been in your present home for a number of years, the family is growing and you have been thinking about moving into a home that fits your needs.  You want a new home but you love your neighbours, your yard, the schools are close by, the bus stops 15 feet from your entrance,……these […]

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Thinking Of Helping Your Child Buy A First Home? Here’s How You Can Do It.

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Remember the good old days when you began your early independent life with a nice starter home in the suburbs with a small lawn to cut in the summer, and a driveway to shovel in the winter? A few years later you bought a bigger home, moving up in life and work….Not anymore. Today the […]

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6 Great Ways To Enjoy And Add Value To Your Home

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Typically, your home is your most valued possession and investment. Below are 6 ways of improving your property and adding value at the same time. These renovations can sometimes have a return on investment of 5-6 times the initial investment. 1) Add an income suite. If you have a basement that is not being used, […]

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Real Burglars and Home Invaders Sharing Their Secrets On Where They Strike and How You Can Avoid Becoming A Target.

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When it comes to securing our homes we all think we are doing the right thing by buying expensive alarm systems, installing security cameras, putting our lights on timers, etc. But does any of that really scare the burglars away? Not really, according to a ground breaking survey done on convicted burglars and home invaders […]

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6 Great Tips To Ensure That Your Garden Will Stay Healthy This Summer

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Winter is behind us and spring is here! Now is the time to start working on your garden, because the work you do now will ensure your garden stays healthy well into the summer. Keep watering your lawn Of all the things your lawn needs, water is the most important.  The mistake many people make […]

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When Buying A Condo, Make Sure You Are Aware Of These 4 Important Strata Bylaws

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In the past few years, the Metro Vancouver real estate scene has become very expensive. For many who want to get into the real estate market, detached homes are simply unaffordable, and purchasing a condo and town home is the only affordable solution. Developers are now aware of this fact, and there are a number […]

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10 Reasons Why You Should Use A Realtor When Purchasing A Pre-Sale Deal

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Buying a condo through a “presale deal’ is when you make an initial lump sum payment for the right to receive a finished unit at the end of the deal.  It is a popular practice especially in the Lower Mainland, where there a number of condo projects currently under construction. Some huge advantages to buying […]

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The Smart Homes Revolution: You Cannot Ignore It.

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The Smart Homes Revolution: You Cannot Ignore It. In today’s homes, Smart Home technology is becoming more and more ubiquitous and difficult to avoid. It encompasses things like thermostats, lighting, video etc.; just about everything at home can be connected to a smart device making our lives easier. For example, the Smart Home revolution has […]

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If You Own A Home With An Illegal Secondary Suite, Here’s Why You Should Get It Legalized.

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With home prices in the Lower Mainland reaching dizzying heights, many homeowners are looking at ways of offsetting the high mortgage costs. So it should come to no surprise that secondary suites have become a widespread practice, especially with the incredibly low rental vacancy rate. But a large proportion of homes with secondary suites in […]

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Important Tips On How To Protect Your Garden From Frost During This Cold Weather

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The freezing weather we are currently experiencing can harm or kill plants and damage crops. The cold weather especially frost, causes the water in the plant cells to freeze, damaging the cell wall. Plants most vulnerable to frost are: Spring blooming shrubs and trees such as cherry, azalea, and rhododendron Houseplants and tropicals Tender bulbs […]

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Haven’t Got Your Christmas Lights On? We’ll Show You How To Get Your Home Looking Merry And Bright!

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Light up the night this holiday season by adding some sparkle to the outside of your home! Here are some easy tips on how to do it right: 1) Develop an overall plan of what you want your home to look like when it is lit up. For a clean professional look, keep your color […]

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6 Critical Reasons Why You Must Regularly Tune Up Your Furnace and Heating System

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Summer is long over. The weather is cooling and Halloween candy is everywhere…not to mention the sparkling of holiday glitz popping up across the city. Before the cold weather really settles in, there are a number of preparatory measures you have to take in your home, and one of the most important is taking care […]

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Airbnb – Expect A Wide Range Of Regulations Coming Soon

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Lately, Metro Vancouver has seen a lot of news about short-term rentals advertised on sites such as Airbnb and VRBO. Their lack of regulation and impact on the long-term local rental market, has forced local municipalities to respond to market concerns, and gradually introduce directives to regulate this market.  As most cities within Metro Vancouver […]

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Here Are A Few Quick Feng Shui Fixes To Bring Balance And Energy To Your Home

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A number of people nowadays consult the laws of feng shui when designing/decorating their homes. Feng Shui is the system of laws that governs the arrangement and orientation of things in the room/area in relation to how the energy or chi flows. In other words, feng shui is the art of placement – how we […]

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How Much Is Municipal Government Regulation To Blame For The Current Real Estate Housing Affordability Crisis?

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The housing affordability crisis in the Lower Mainland has everyone scurrying around looking to blame someone. This problem has a lot of moving parts. A proportion of the vocal blame has been targeted at foreign investors, rightly or wrongly so. But there is another side of the coin – a lack of housing supply. This […]

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Housing Supply Not Keeping Pace with Demand in Most BC Regions

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Vancouver, BC – June 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, down 7.9 per cent from the same period last year. Total sales dollar volume was $9.33 billion, down 4.0 per cent from May 2017. The […]

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9 Important Questions You Must Ask Before Renting A Home

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The hot Vancouver real estate market has made many people millionaires. While many sellers have bought another property, others have not considered buying and have decided to rent instead. If buying or selling a home is a big decision, finding a house or apartment to rent is not in any way smaller. This is what […]

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Backyard Composting – It’s Easy and Your Garden Will Thank You

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Here’s what the West Vancouver District website says about composting: “Backyard composting is the most cost-effective and environmentally friendly way to recycle food scraps and yard trimmings. If you’re composting at home, thank you and please carry on! You are diverting waste from the landfill and getting a rich fertilizer for your garden.” Compost consists […]

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REBGV Market Update April 2017 – The Seller’s Market Continues: Townhomes And Condos Are Hot

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The April 2017 stats released by the Real Estate Board of Greater Vancouver (REBGV) show that demand for condominiums and townhouses continues to drive the Metro Vancouver real estate market, and we are firmly in a seller’s market. By looking at the following key indicators, we can get a better understanding of last months’ results: […]

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6 Great Tips On How To Buy A Home In A Hot Real Estate Market

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Buying in a seller’s market can be frustrating, especially when you are competing with many buyers for a limited inventory. Your challenge is not just finding the right home but beating out other homebuyers who are just as keen as you. Expecting to find the right home by casually visiting Open Houses and viewing online […]

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The Hidden Costs Of Buying A Home That Every Homebuyer Should Know About

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Purchasing a home is a major purchase and what many home buyers, especially new ones, don’t realize is that there are a number of hidden costs associated with the home purchase. So when you look at purchasing a home, you must make sure that you have a good understanding of how much money you will […]

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The Top 5 Questions To Ask In An Open House

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Visiting open houses is very important and you should start doing this when you are at the beginning of your home buying cycle. By going to visit open houses, you will get a better idea of where you want to buy, what amenities you want, what neighbourhood you want to be in and also what […]

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Six Great Spring Cleaning Tips to Keep Things Cleaner Longer

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Home cleaning is not easy, especially for working professionals. Here are a few useful and valuable tips that make it easier to fight those dirty jobs faster and less often: Keep those shower doors crystal clear. Eliminate that annoying soap scum by coating your shower doors with a rain repellent product made for car windshields. When […]

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Looking For A Home? BCREA Projects A Decline In Housing Prices

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Greater Vancouver’s real estate market could be headed for its first year of price declines since 2012 as home sales extend their slide. 2017 has started on a cautious note, when compared to the same time last year. The average resale price in Greater Vancouver was $878,242 in January, down by 18.9% from last year. […]

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March Is The Best Time To Start Planting Your Seeds

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Growing your seeds indoors is useful because it gives your plants a head start, especially when the weather outside is not warm. This results in earlier and longer harvests that would otherwise not be possible. Growing indoors is particular good for tender crops such as tomatoes, peppers and squash. Use the following tips to get […]

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The Metro Vancouver Market Housing Shortage – Not Enough Product To Meet Buyer Demand

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The Real Estate Board Of Greater Vancouver (REBGV) recently released its February 2017 report. The report showed that Metro Vancouver home sales in February fell 7.7% below the 10 year average for the month. This decline was caused by 2 main factors: * the unusually winter weather * a limited supply of inventory Another important […]

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5 Really Useful Tips For Getting The Best Selling Price For Your Home

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So you are ready to put your home on the market. Choosing the right price tag will make all the difference. Here are 5 useful tips that will help you find the best selling price for your home: 1. Find out what the competition is doing. Prepare a comparative market analysis report. This should include: […]

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Here’s Some Good News For Those Worried About Losing Their Homeowner Grants After Receiving Their 2017 Property Assessment Notifications

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On January 1, 2017 many homeowners in BC woke up to find that they were richer as their property value had skyrocketed, in some cases, by at least 40%. The increased property values have a 2-fold impact: 1) Many of the homeowners who enjoyed the benefit of the $570 Homeowner grant to help them with […]

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2017 – What to Expect in the Vancouver Housing Market

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Leading to and during last year, much of the real estate talk in Vancouver was centered on how to slow the market down in view of substantial price hikes.  But 2017 could spark a much different type of conversation. The 64 million dollar question is “will the Vancouver house prices drop in 2017?” Housing experts […]

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How the New Empty Homes Tax Will Affect You

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The Empty Homes Tax was introduced on January 1, 2017 to address the current state of the rental market in Vancouver, which has the lowest rental vacancy rates and the highest rental costs in Canada. It is hoped that the tax will improve Vancouver’s vacancy rate, which currently stands at 0.6%, by persuading the owners […]

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The Principal Residence Exemption: The Tax Implications of Selling Your Home – Simplified

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If you are one of the majority of the Canadians who own only one personal residence at a time, any gain on the sale of your home will be tax free, thanks to the Principal Residence Exemption (PRE). However, there are other factors that come into play that could impact your ability to fully or […]

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The New Provincial Down Payment Loans Assistance Program For First Time Buyers – The Facts

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For those individuals having trouble getting into the housing market, starting on January 16, 2017, the BC government will be offering down-payment loans for first-time homebuyers. The new loans are called the BC Home Owner Mortgage and Equity (HOME) Partnership program. The 25-year loan is interest free for the first 5 years and covers up […]

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When is The Best Time To Sell Your Home?

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Most real estate professionals will agree that there are certain times of the year that are more favorable to sell your home than others. Often, the best time to list and sell a single family detached home is in early spring and summer and early to mid fall. Spring and early summer offers the best […]

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How Severe is the Impact of Airbnb and Other Sharing Sites on the Vancouver Rental Scene?

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Historically, Vancouver has had a very low rental vacancy rate (currently around 0.3 – 0.6%) and with the advent of Airbnb and similar home sharing platforms, the problem has been exacerbated. Airbnb listings are increasing quite dramatically around the world and Vancouver is no exception. Since December 2014, Airbnb listings in Vancouver have increased by […]

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Leaving Your Home For A Period Of Time? Take Heed Of This Important Insurance Advice.

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If you are leaving your home for a lengthy period (over 4 days), you must make sure that you understand how your insurance works when you are not occupying your home. The first and most important thing to do is to call your insurance company and inform them of your absence, and inquire if there […]

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Absentee Homeowners in Vancouver Could Soon Face Penalties of $10,000/Day

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In the last few years, Vancouver housing has been facing an affordability crisis and rental vacancy rates have shrunk to unprecedented lows. This has caused an uproar amongst the local population, and politicians have been scrambling to appease them. In August, the Provincial government announced a 15% tax on foreign buyers and on Wednesday November […]

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The Home Inspector – Important Facts You Must Know

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A home inspector is often relied upon to vet what is often the largest and most important purchase and investment of your life. If the inspector fails to spot an important issue, you as the homeowner can be left on the hook for thousands of dollars worth of unexpected costs. Theoretically, a home inspector should […]

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22 Vital Tips Every Parent Should Know To Ensure A Safe Halloween This Year

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Halloween is beyond exciting for many kids – they get to dress up, stay up late and are rewarded with a windfall of candy! So it makes sense to ensure that parents take all the necessary steps to ensure that the evening is a safe and enjoyable one. Here are some important tips to ensure […]

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