Home Buying Blogs – Calgary

Calgary bad credit mortgage and refinancing loans have become more popular in recent times as a greater percentage of people fall into debt. While in the past a bad credit score would prevent you from getting a loan for your home, this new breed of mortgage companies cater to people with bad credit histories.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

What To Do When The Bank Says No

There are a lot of hoops to jump through when applying for a mortgage. A lot of paperwork to fill out and a lot of “proof” to provide. Of employment, of credit, of savings patterns – it goes on and on. And rightly so. Lenders want to make sure you’re able to make

Buying an empty plot of land is very different from buying an existing home. The mortgage process is different, and of course, choosing the property can be different as well. When buying a plot of land, it's helpful to know in advance what you're looking for, and what your priorities are. Doing extensive research and working with an experienced real estate agent can help. Here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Challenges to Expect When Buying Land

Buying land isn't usually as competitive as buying an existing home, but it does come with its own challenges.

Securing a Mortgage

Securing a mortgage for an

There are a few key points to consider when hiring a professional Calgary real estate agent. You’ll need one in order to buy or sell your home successfully. You should be thinking about the amount of money you will save in the long run and not how much money you will pay the agent. Here are the main points to consider when selecting an agent.

A lot of people have a hard time finding the right agent because they simply go to the Yellow Pages and choose one from there. The better way is to actually meet an agent face-to-face either at an open house or by scheduling an appointment over the phone. Never commit to using an agent when you haven't met him first. You’ll want to be compatible and be sure that this person will listen to you.

How Does a

Moving from an apartment into a home that you own is a huge step for any person, and the excitement that comes along with it is palpable. However, some individuals don’t get as excited about home ownership as others, as they prefer apartment living to buying a home hands down.

What makes them so different and why would someone strongly prefer one over the other? Let’s closely examine the various aspects of these two living situations and find out which option is right for you.

To Buy Or Not To Buy?

Anyone who says buying a home is easy probably had an exceptionally unusual experience; that’s not to say that home ownership is something to be avoided, but it definitely takes time and energy to get everything in line to purchase property.

The decision to buy a condo can be a tough one. When is it time to buy? Which is better for you: a house or a condo? Are condos a good investment? For many homeowners, these answers are not always clear. Having information about the pros and cons of buying a condo and how condo ownership compares to single family homeownership can help buyers decide if buying a condo is worth it.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Condo Ownership vs. Homeownership

A condo is a single unit in a building or community of condos. Typically, condos resemble apartments, but sometimes condos look like townhouses or even individual houses. Condo ownership

You're making a move to Calgary and have brought along your kids to be a part of the house hunting adventure. You have a lot of territory to cover within the next few days and a lot to get done before heading back home. You’re hoping that you'll be able to find the right Calgary home on this trip so that you don't have to return again to start a new search. The kids will need to be handled so that they go with the flow as best as possible and remain happy so that things can get accomplished.

Here are some of the do's and don'ts that you should follow when you're house hunting with your children.

How to Involve Your Children in Home-Buying

Do:

Allow your children to be a part of things. The more they feel involved and a part of the

Home building technology has been on fire in the last few years, as start-ups near and far rush to bring their ideas to the market. But the adoption of the technology has been sporadic at best, leaving some homeowners to wonder just how the future of construction will be affected. Learn more about the more prominent trends, and how they're influencing the larger market.

Getting Started

Before a construction company starts to build a new construction home, they have to pick a site first. That's where drones come in. Drones aren't technically a building technology, but drones can be used and applied to real estate to cut down on the number of hours a developer spends looking for the right location. Drones do more than just tell a developer the

The idea of scooping up a property below market value have people hunting for foreclosures. With Canada's rising real estate prices and competitive markets, buying a foreclosure may be a path for individuals to find an affordable home or to flip a property for profit. However, foreclosure properties are not always the deal that they may seem to be at first glance.

There are risks involved when purchasing any type of real estate, but there are some issues that commonly apply to foreclosure properties. Understand more about some of the challenges with buying foreclosed homes today.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

Canada's Foreclosure Process

Buying a home is an exciting time, but it can cause some extra stress if the home buying market is competitive. That doesn't mean buyers can't get a home they really love, but they may need to do some things differently if they want to be the buyer who is chosen by the seller when there is more than one offer made on a listed house. Fortunately, there are some things buyers can do in order to find a home they really want at a price they can afford. Then it's just a matter of getting the seller under contract with them, and moving toward closing. In a competitive housing market, there are several things buyers can consider doing that may help them get a home they really love.

Consider Offering More Than the Asking Price

Among the options

There are several different types of real estate you can purchase but most people focus on houses and other types of prebuilt properties. Purchasing undeveloped Calgary land is also a good idea worth exploring and there are numerous reasons why investing in land makes sense.

The Versatility of Buying Land

Buying land gives you options. You may put a house on the property, get it zoned for a business, or let it appreciate in value and resell the land down the line. The potential of any piece of land is often limitless.

The Increasing Value of Land

Land tends to increase in value over time. Buying land for sale is a great long-term investment. Many people have purchased cheap land for sale, have sat on it for a few years, and then have