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]
Realtor fees in Calgary
Let’s start with a fact: real estate commissions in Calgary are not standard. 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… [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]
What you should know about visiting open houses in Calgary
Why open houses are held, and why you should be careful with what you say while you visit an open house. Our website www.FindCalgaryHome.ca is a great resource for open houses in Calgary. We display them city wide, for all agents. But there are a few things you should know about open houses. The source… [Read More]
Difference between down payment and deposit
Down payment and deposit are terms that come up often when you are buying or selling a home. The terms are easy to mix up, so here is an explanation of the difference between deposit and down payment. In a nutshell; the home buyer pays the deposit to the home seller as good faith money…. [Read More]
Zillow won’t revolutionize Calgary real estate
Zillow sells consumer information to Realtors The United States-based real estate website Zillow will expand into Canada this year. But don’t expect it to revolutionize the Calgary real estate market. Zillow is just another website to explore Calgary homes for sale, except with one major difference: Zillow makes money by selling your information to Realtors…. [Read More]
Bring your realtor when buying new home from the builder
You are allowed to work with your own realtor when you buy a new build home, directly from the builder. The show homes in Calgary are all staffed by sales people, who work in the best interest of the builder. Sales people in show homes are not licensed like realtors are, and these sales people… [Read More]
Pulling Title or Land Title Search for Calgary homes
Title is a government certification of ownership of the property and it shows any particulars registered on title. Here is an introduction to pulling titles for Calgary homes and land title searches.
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