Buying a home is for many, and especially for first-time home buyers, an exciting venture but also a somewhat fearful adventure. And it makes complete sense because home ownership is a huge commitment, and the process of buying is complex and overwhelming, with the buyer needing to make many significant decisions. Call it a human… [Read More]
Tips for first time home buyers
The process for first-time home buyers is often overwhelming, yet exciting at the same time. It is a process of anticipation and attention, as many decisions need to be made. In other words, have your “ducks in a row” and know what to expect, at least to some point. We hope the following first-time home… [Read More]
The 7 steps for the first-time home buyer, including tips
Buying a home is a complex process; there is very little way around that fact. Especially for first-time home buyers, it is often an overwhelming event. The entire buying process has many different facets, and each component needs a certain amount of knowledge. On top of that, much important decision making is required. Following are… [Read More]
Helpful Tips for Seniors on Downsizing Homes
Thinking of downsizing? Downsizing is a process that requires making many rational decisions but with an emotional mind. Where to move to? What communities will be suitable? What can I afford? Who can help with decluttering my current home? The following is an overview of some elements that come with downsizing. Reasons for downsizing The… [Read More]
Difference between city tax assessment and market value of your home
Many people often attempt to compare the cities tax assessment with the current market value of a property. However, typically in Calgary, the tax assessment value and the market value of a property are rarely the same. Following is an explanation on the differences between the city tax assessment and the market value of your… [Read More]
When are condo fees high? Assess the true value of condo fees
Buying a condo? Condo fees are always an important subject for discussion. Many buyers tend to draw a quick conclusion that condo fees are too high. Therefore, their focus is on finding a property with low condo fees. However, often the condo fees need a closer look to assess their true value. Sometimes, higher condo… [Read More]
The Future of 55+ Adult Living in Alberta
Looking for adult living? For a long time, Calgary has offered many options for adult living in many age different categories. There are plenty of examples with an age restriction such as 18+, 40+, 45+, 55+, etc. However, it is important to know that changes in age restricted buildings are on the horizon. New law… [Read More]
Tips to buy a brand new condo with focus on resale value
Buying a brand new condo from a builder? Resale value is a very important point to consider. When buying a new condo that is still under construction, many people find it hard to imagine what factors will affect its resale value. In the article What to look out for when buying a new condo, we… [Read More]
What to look out for when buying a brand new condo
Whether you are a first time buyer or a seasoned investor, anyone buying a brand new condo needs to use extra due diligence. In some cases, the complex will already be finished, but, in other cases, there may be merely a hole in the ground, and one is buying from a drawing. In any case,… [Read More]
How to Choose the Right Contractor for Your Project
Looking to do a renovation on your home? Do your due diligence when selecting a contractor. Here are a few tips when choosing a contractor in Calgary. What are you renovating? What contractor to look for often depends on the type of renovation. Is it a smaller renovation such as a bathroom? Or a bigger… [Read More]
Most common conditions when buying real estate
When buying a home, a buyer can ask the seller for conditions. A condition means that a buyer will purchase the property but only if the condition is met to the satisfaction of the buyer. In a regular purchase contract in Calgary provided by the AREA, 4 conditions are preprinted. The most common conditions referenced… [Read More]
Condo Bylaws
If you are considering buying a condo, be it an apartment, a townhouse or a bare land condo, it is important to understand that each condo complex in Alberta comes with its own set of rules. These rules are set out in the bylaws of the condominium corporation. Some bylaws affect one buyer more than… [Read More]
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