In Alberta, there are two types of condominiums: conventional condominiums and bare land condominiums. Conventional condominiums are usually units located within a building. If you own a unit, you have control over your unit within its walls. Most apartment style condos in high-rises and low-rises are considered conventional condominiums, as well as many townhomes. Bare… [Read More]
What does a real estate lawyer do
At some point in the process of buying or selling a home, you will need a lawyer. Here is a general outline of what the real estate lawyer does in the process, and why a good lawyer is important. Again, this is just a very general overview of how the process works in Calgary, where… [Read More]
What is an RPR or Real Property Report?
When selling your house, you need to have an updated RPR, a Real Property Report. This document is an essential document to close the sale of your house. A lawyer will need this RPR a few weeks before closing, but in any case, the earlier the better. In fact, we strive to get this RPR… [Read More]
The history of a home in Calgary
Many home buyers are interested in the history of a home. Without too much effort, we can see how often a home has been bought and sold. The MLS gives us all this information, going back to around 1984. The MLS If a home gets listed, it is submitted by the Realtor. When it sells,… [Read More]
Mortgages for Canadian immigrants
Living in Canada is one dream, but owning your own home is another. If you are new to Canada and are wondering what the mortgage options are for immigrants, get in touch with us. We can refer you to several great mortgage brokers. Mortgage brokers ‘shop’ for your mortgage at many different lenders, including banks…. [Read More]
18 questions to ask a realtor
The CREB, the Calgary Real Estate Board, published an article with 18 questions you should ask a realtor before hiring. We’ll try to answer these questions for you! How long have you been in the business? Tanja has been a realtor since 2009 and an associate broker since 2018. Ariette has been a realtor since… [Read More]
Walkthrough when buying a home
It’s one of the biggest moments of your life… the door of your new home opens, and the previous home owners have left you a disaster. The house is dirty, belongings are left behind, there is a hole in the wall and the yard is a mess. As the new owner, what can you do? And… [Read More]
How to find out how much a house sold for in Calgary
We have always been very open about sold prices in Calgary. Sold prices are the actual selling price of a property, which is often different than the listing price and sometimes difficult to find. For Calgarians looking to buy a home or those selling their current house, we offer this valuable information without hesitation. On… [Read More]
Downsizing: less work, lower bills, more fun!
The kids are gone. Rooms stay empty and you no longer need many of the goods you’ve accumulated over the years. Maintenance bills seem to only get higher. Cleaning the house never seems to come to an end. Many baby boomers and empty nesters are considering downsizing these days. Cleaning out the house, selling it and… [Read More]
Realtor fees in Calgary
In Calgary, the most used model is 7/3. This means a seller pays $7,000 on the first $100,000 and 3% on the balance. If a house sells for $400,000, that means $7,000 for the first $100,000 plus 3% on $300,000. That is $7,000 plus $9,000 equals $16,000. This commission will most often be split in… [Read More]
Avoid these mistakes when selling your own home
Some people opt to sell their home themselves, without the use of a realtor. We like to offer you some insights on mistakes that many private sellers make. Over time, we only came across a few situations where we had to deal with the seller directly. But despite that, we can offer you a plethora… [Read More]
Difference between term and condition
What is the difference between a term and a condition when buying or selling a home? Both terms come up often when buying or selling real estate. Here is an explanation about the difference between a term and a condition. Also, some simple examples are included. A condition needs to be satisfied to close the… [Read More]
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