August 2019

Found 22 blog entries for August 2019.

Lose your job? Don't lose your home! Losing your job can be devastating, particularly if your mortgage payment takes a significant portion of your pay cheque.

And if your partner is still employed, paying your mortgage can be tough when your total household income is suddenly cut in half. According to a recent study by Manulife, four in 10 homeowners couldn't last three months if they were laid off from work. But, take heart – you do have options!

Take Inventory

First, write out a list of whatever money you do have coming in or whatever funds you have in savings. Then take inventory of your monthly expenses. Prioritize your bills, with your mortgage payment at the top of your list. Consider your mortgage payment as part of your living

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The Best September Events in Calgary

It is time to face the facts, summer is fleeting and fall is right around the corner… September 23rd to be exact! And with the passing of summer also comes the time to get back to work and send the kids to school once again. It is this month that is filled with organization, preparing, and planning for the inevitable return. Although our schedules will become filled with task-focused things to do, there is still plenty of fun and excitement to take part in that will keep the post-summer-blues away and celebrate the coming of fall!

September is the perfect time to pack your rain jacket, grab a warm beverage, and explore the city! The leaves on the trees in the city parks turn a beautiful shade of red and orange, and the weather is still warm enough

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As the interest rates begin to climb, people that are interested in buying a Calgary home will follow one of 2 routes. They may either decide to get right into the market as fast as possible before the interest rate rises further or they may jump back and put their home purchase on hold temporarily due to the increasing rates. According to a new report issued by TD Economics, this is the general reaction that can be expected once the interest rates start to move up.

How Mortgage Rates Fluctuate

This model by TD projects some interesting figures. For every percentage point that the interest rates go up, the listing sales also go up by 6 percentage points immediately. The rush is on for people that want to lock in their mortgages as fast as

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What to Know When You Buy a Home as a Solo HomeownerPeople buying homes in Calgary always get so fixated on buying a home that is perfect for you and your family. What if you do not have a family? What if you are a single individual living by yourself? There is certainly nothing wrong with living alone and there are some people who prefer it.

What Do Single Homebuyers Need to Think About

Here are a few things single homebuyers need to consider to have a successful real estate transaction.

Do Some Research

There is research to be done regardless of if you have a family or if you live on your own. If you live on your own, maybe there is a reason. You could be a person who does not like children. You also could be a person who just hasn't found your special someone. Either way, you are going to

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Stress of Selling FSBOThere are homeowners who may think it is worthwhile to sell a home themselves and pocket that agent commission. However, selling a home FSBO may be more of a chore than initially anticipated. First time home sellers and those who have little extra time may want to work with a reputable local agent.

Homeowners will be busy with getting their home ready, and may not be aware of the extra burden that comes with marketing and showing a property. Learn more about why some reconsider selling a home FSBO and end up partnering with an agent.

Ready for a Second Job?

Simply listing a home for sale is only the start of what needs to be done. Agents take into account multiple factors when helping a seller list their home, such as recent comps, the

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When should I sell? How can I make sure that I will get the most for my home? I can't afford to own two homes, so how can I be sure I don't get stuck with my house?

Timing is a critical factor in determining the amount of money you can expect to get for your home. It is important to note that we are discussing a free, "no labour required" way to add thousands to the price of your home. Before figuring out when we should sell, we need to understand the two primary factors that will determine how effectively you can maximize your return in regards to timing; Supply & Demand and Motivation.

Supply & Demand

There are certain laws in life that are always right and never wrong. The principle of supply & demand is one of them. When there are more

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Business Spotlight for Intelligently Nourished in Calgary

Intelligently Nourished Serves Up Adventures in Vegan Desserts

Calgary's entrepreneurs are known for their ingenuity, as evidenced by Carol Pierce, owner of Intelligently Nourished. When she, like so many others, were laid off during the energy downturn, Pierce turned her baking talents into a business — but she didn't create just any bakeshop. She created a company that delivers vegan baking kits so Calgarians can eat healthfully while still indulging in sumptuous desserts.

Double layer vegan chocolate cake

"I am a professionally trained chef and spent several years working as a pastry chef for restaurants and hotels long before I began working in the energy industry. While I still use many of the skills learned during those years, my focus is on creating whole food,

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A real estate agent needs to know how to price the home correctly so that it reflects the true market value of it, how to present the home so that it shows well and must also know how to negotiate the best deal for their clients that he represents. There is both a skill and an artform to negotiating that a good agent must possess in order to best represent the client.

Understand How Negotiating Works

Negotiating a real estate deal requires understanding any problems that are going on with the property and what it is going to cost in order to solve the issues. Your real estate agent will work in your best interests to negotiate a deal that allows you to purchase a property for a fair market value. Know what you are willing to pay for the home you

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How to Avoid Mortgage DefaultThe market conditions have changed quite dramatically over the past twelve months. As a result, some homeowners may stumble upon financial hardships that make it difficult for them to pay their mortgage payments. Once your mortgage loan defaults, the chance of foreclosure increases.

If you or your spouse has lost employment and no longer make as much money, and you see meeting your mortgage payment obligations is going to be problematic, the first step is to take a deep breath. There are literally millions of people that face the same problem. You are not a bad person, so leave any feelings of guilt at the door. You do not have time for them. Instead, you need to focus on your options.

Fortunately, there are ways to avoid default and keep your

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The best time to market a house is usually in the spring and fall. During this time, the number of houses up for sale increases significantly, giving consumers more variety and options. This leads to a fluctuation of prices and higher competition between the sellers.

In order for a buyer to access a good property or a seller to make a profitable sale, they both need to be strategically positioned. The listingsbenefit both the seller and the buyer to secure the best deal for them. This is a cooperative service that lists Calgary homes that are up for sale and is beneficial to both the potential buyer and the seller of a home.

How The Listings Helps Sellers

When you as a seller list your house the information can be accessed online by many real

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