Selling or buying a condo? Condominium owners are part owners in a corporation. A seller must provide the buyer with a long list of condominium documents. What are the documents that a seller must provide to the buyer? And what do these ‘condo docs’ tell? Following is the entire list of condominium documents, which is… [Read More]
Why sign a service agreement or buyer brokerage agreement
Since July 2014, the RECA, the Real Estate Council of Alberta, made it mandatory that realtors sign an agreement with buyers. These service agreements have always existed, but before this agreement became mandatory, most realtors didn’t use them. Even today, sometimes realtors take buyers home hunting without any agreement in place. It is mandatory, but… [Read More]
Use of cameras and recording devices when selling your home
Selling a home means allowing buyers in your home to view the property. In recent years, there was a strong increase in the use of cameras and listening devices in private homes. As a seller, it is important to know if cameras and listening devices are allowed to spy on and listen to potential buyers… [Read More]
Closing costs when buying a home
Between the start of the home search and receiving the keys of a new home, a home buyer has to pay some costs. We often refer to these costs as closing costs. What closing costs can you expect in Calgary, Alberta? Please note that these closing costs are subject to change and are based on… [Read More]
Moving to Calgary? A guide to discover real estate in Calgary and area
Over the years, we have had the privilege to meet and help many people who were moving to Calgary from abroad. Our first contact with newcomers was often when they first planned to visit Calgary. Many were still in the orientation phase of moving and asked us about Calgary real estate as well as the… [Read More]
Questions to ask a realtor
Buying or selling a home should not be taken lightly, as your home is most likely the biggest asset in your life. You want that realtor who can do the job and has your best interest in mind. With more than 5000 realtors in Calgary, it is important to ask the right questions to pick… [Read More]
Back up offers when selling or buying a home
What is a backup offer A backup offer is when a has seller accepted an offer on the home, but accepts a second offer as a backup, just in case the first offer falls through. This is generally good news for the seller, because if the first offer falls through on financing or home inspection,… [Read More]
Real Estate: Buy or Sell First
If you are a home owner, and considering looking for a new house, chances are you’re wondering what your strategy should be: do I buy or sell first? The following are a few pointers to explore what might be the best move for you. Sell First: You know what you can spend There are several… [Read More]
Special Assessment Condo
It’s a very unfortunate development here in Calgary, but more often we run into condo buildings with special assessments. Old buildings, and even newer buildings, are potentially subject to special assessments. In this article, we will try to pass on more information on this possible nightmare for every condo owner. What is a special assessment?… [Read More]
Getting out of your contract with your buying realtor
When you buy a home, and ask a realtor to represent you, you sign an agreement with your realtor. What if you want to get out of your contract? And can you get out of your contract with your realtor? The short answer is yes, you can. However, it can be complicated. First a warning;… [Read More]
Sold price vs list price in Calgary Real Estate
Our free monthly market reports for Calgary real estate show how much a home was initially listed for and how much it actually sold for. That difference is translated into a percentage and called the sold price vs list price ratio. If a home sells at list price the ratio shows 100%. If it sells… [Read More]
Calgary Moving Homes Tips and Checklist
Moving homes, for most people, means stress, sore backs, lots of arranging and eating lots of pizza. But, when all done, you can enjoy your new home! Start planning your move within or to Calgary as early as possible usually helps! Download our moving check list to help prepare your move, including packing tips…. [Read More]
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