Calgary Blog

Bring a little bit of Eden to your Calgary home this year. Gardening is good for the body, the soul and your investment. An old Chinese proverb reads: "If you want to be happy for an hour, get drunk; if you want to be happy for three days, get married; if you want to be happy forever, make a garden.”

pond_500

"Article photo by Crinklecrankle.com"

There are three types of gardener –

1. those who pay someone else to garden for them

2. those who like to main order with a minimum of maintenance

3. those for whom an outdoor space is a blank canvas…

If you’re first on the list and have had no luck searching on the internet for suitable green-fingered help, you might try investigating these alternative routes:

Community Colleges/Garden

3,148 Views, 0 Comments

Condominiums are among the most popular real estate choices in Calgary. Buyers have the option to own a downtown high-rise or a condo in a lakeside property. Calgary condos are all about the value and lifestyle:  some condos let you enjoy Eau Claire Park while those in Victoria Park or Connought  make you part of the  trendy 17th avenue. A more serene option is a condo in McKenzie town, or newer areas like Auburn Bay.  

calgary-condo-living-01_500

The trend these days is about style and décor. So, what is considered trendy in 2011?

Minimalism

It is all about clutter-free living spaces, which is what condo living should be about.  Because of limitations in space and storage, condo owners stick to what is essential.  Minimalism as  a movement has an almost Zen-like quality to

1,499 Views, 0 Comments

The real estate market for luxury homes in Calgary has noticeably grown recently.  Unfortunately, the $22-million palace -  the city’s most expensive home and the crown jewel of the millionaire’s row called Pump Hill Close -  owned by Alfred Balm is not for sale. But luxury doesn’t have to be as ostentatious as Balm’s 91-room, 15,450-square-foot mansion.

luxury-real-estate-02_500
Photo by Ben Freedman.

Buyers with no budget issues have a variety of homes and condos to choose from in the $1 million-plus range. The city’s economic climate makes it possible for local residents to get top jobs and move to more affluent communities. Also, because of its reputation as one of the most livable cities in the world, wealthy investors and business executives from around the world help

12,517 Views, 0 Comments

 

There's a major sense of accomplishment and peace of mind of owning your home outright. Paying off your mortgage sooner can make sound financial sense by saving you thousands of dollars in interest costs. Learning how to save on your mortgage can slice years off your loan. Finding out if you can save on your mortgage payments won't cost you anything, and you will discover whether you have the best loan available for your individual circumstances.

1. Shop around for the best mortgage possible with your credit score.
When a mortgage company has a small overhead cost to stay in business it typically means that they will not charge you unreasonable ongoing service fees. Make sure you know the fees charged by your mortgage company before you sign

7,631 Views, 1 Comment


How to Avoid Defaulting on Your Mortgage Payments
Small Pic

The 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

1,117 Views, 0 Comments

  Many Seller's are now getting hit with some large Mortgage Payout Penalties. It is now more important than ever that they very this information along with their Realtor what their penalties will be if they are not porting their mortgage to their new home.  Unfortunately with mortgage interest rates continuing to fall, most penalties are now calculated on the interest rate differential / loss of interest.
This is because most mortgage early payout penalties are calculated on (1.) three months interest payment or (2.) the interest rate differential whichever is the GREATEST!! Methods of calculating penalties are as varied as the lenders’ imaginations. As a Seller or a Realtor, always remember:
  1. Do not assume the same lender charges
3,293 Views, 0 Comments

Why You Need a Home Inspection
Small Pic

It's easy to get caught up in the speed, drama and pressure of bidding on a house that you are willing to skip a few steps to make sure you acquire the house of your dreams. You're suddenly willing to pay a few thousand more than you had intended. You're willing to go for a quicker closing date. You're even willing to skip the home inspection process, and just ask a knowledgeable family member to check it out for you. Slow down. Relax.

Don't let yourself fall in love with a house until you've had the house examined by a professional. The house could have any number of problems in structural, roofing, exterior, foundation,

1,422 Views, 0 Comments

Buying a Home? Beware of The Hidden Costs of Homeownership
Small Pic

Anyone who owns a home knows that there are many additional costs associated with owning a home. Many first-time homeowners base their decision to buy a home on their ability to make the monthly mortgage payments. In fact, there are many other costs that go into owning a home than just the mortgage payment.

First-time homeowners are often startled by the hidden costs of owning a home. The traditional housing expenses (principal payments, interest, taxes and insurance) are just the beginning. Maintenance, repairs, supplemental insurance, home improvements and decorating can cost you thousands of

1,145 Views, 0 Comments

11 Fattest Lies About the Real Estate Industry

1. A referral is the best way to get a Realtor

Simply trusting that a Realtor has your best interests at heart can lead to disappointment. Your needs are unique. Qualify all Realtors to ensure they are competent and motivated to properly represent you.

2. Pay off your mortgage quickly

If you reduce your payment or simply pay interest only (secure line of credit) and invest the savings into a compounding interest account, your savings will be much higher than the value of your original mortgage.

3. You don’t qualify for a mortgage

Regardless of your credit or income, anyone can purchase a house. Options such as joint ventures, vendor financing, second mortgages, and many more, provide

934 Views, 0 Comments

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

933 Views, 0 Comments