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]
guaranteed sold in 90 days or we buy it
“Your house guaranteed sold in 90 days or we will buy it”. It sounds very appealing, until you read the small print. Most likely it is not your best option as a seller. But for the agent, it is a great marketing tool to get contacted by a motivated seller. Looking at the bigger picture,… [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.
Guide to buying property from your landlord
Buying the home from your landlord can be a good choice for home buyers. As the renter, you already have a good sense on the benefits and drawbacks of the property and there will be no moving expenses! It does not happen very often in Calgary, but it is certainly possible. Here are a few… [Read More]
Dower Act and selling your home
Dower rights have been around for nearly 100 years. Today, Dower rights protect the spouse of a registered owner of real property. In simple wording, when the spouse is not registered on the title as owner of the house, this spouse must give consent to sell it. What is Dower? When you have lived in… [Read More]
Explore Calgary’s house styles
From bungalows to 5-level splits, Calgary’s real estate offers a variety of house styles. Here is an overview of the type of single-family homes that can be selected in the MLS. While the examples are very general, Calgary real estate is very diverse and some communities are more consistent with a particular home style than… [Read More]
Realtors and Agency Relationship
By law, every realtor must explain to you agency relationship. It is important to make sure you understand it, and to ask questions if you don’t fully understand it. A better realtor discloses this brochure as early as possible. It makes the relationship between you and an agent transparent. You will have to sign this document…. [Read More]
Tips for first time home buyers in Calgary
Calgary offers real estate for everyone. There are a wide variety of Calgary homes and condos for sale, ranging in prices and styles. Even though your perfect first home is out there, knowing where to start can be a challenge. Here are a few tips for first time home buyers in Calgary. If you have… [Read More]
Defects and Disclosures
When you buy a house, you must be aware of any defects in a house. And when you sell a house, you have to disclose defects in your house. It is important for both parties (buyers and sellers) to know the difference between material latent and patent defects. What is the difference and when do… [Read More]
How to deal with special assessment
Every condo corporation is obligated to get a reserve fund study done every 5 years. This study must ensure that the funds are sufficient for future maintenance needs. However, unless you keep renting, there is never a 100% guarantee you will avoid a special assessment. It is one risk of ownership. Can you avoid a… [Read More]
Special Assessment Condo
It’s a very unfortunate development here in Calgary, but more and more often we run into condo buildings with special assessments. Old buildings, and even newer buildings, are subject to special assessments. in this article, we will try to pass on more information on this ‘subject of hell’. What is a special assessment? Just a… [Read More]
Contracts and special assessments
As mentioned in an earlier post about special assessments, we see special assessments coming up in Calgary condos more and more often. Sometimes we talk to people who only want to buy new, to avoid any chances of an assessment. But also newer buildings can get hit with a notice of assessment. In this case… [Read More]