1 - 100 of 167

Thursday, August 1, 2013 - July Housing Stats

#yyc #yycre #calgaryhomes #calgaryhomebuyers #listyourhomecalgary Calgary, Aug. 1, 2013 ? City of Calgary residential sales totaled 2,268 units in July, a 17 per cent increase over the previous year and up more than six per cent so far this year.   The flood that devastated the Calgary area on June 20 likely contributed to pulling forward sales activity, said Ann-Marie Lurie, CREB® chief economist. ?Some of this activity is related to the displaced renters and owners seeking other ...
posted in General at Thu, 01 Aug 2013 12:35:09 -0600

Wednesday, April 24, 2013 - Albertans spend the most on home improvements

#yyc #yycre #renovatealberta #renovateyourhome #movingtocalgary According to a poll from the Canadian Imperial Bank of Commerce, Albertans are big spenders when it comes to making new improvements on their homes. The bank's study showed that Alberta's residents plan to spend $22,900 on their homes in the next 12 months, well above the national average of $15,300. Fetching the highest prices also means that Albertans are also the most likely to renovate in the next year. "Whether it's replacing ... Full Article...
posted in General at Wed, 24 Apr 2013 08:31:47 -0600

Wednesday, April 24, 2013 - Albertans say mortgages can be paid off faster without affecting lifestyle

#yyc #yycre #calgaryfirsttimehomebuyers #buyinganewhome #movingtocalgary The Scotiabank recently released the results of a survey showing that a significant amount of Alberta mortgage holders have said that it is possible to pay off their home without even noticing a difference, encouraging news to many people interested in buying a home in the province. According to the survey, 69 percent of Alberta mortgage holders said they can pay a mortgage faster without affecting their lifestyle, ...
posted in General at Wed, 24 Apr 2013 08:29:05 -0600

Wednesday, February 13, 2013 - Tips for Insuring your first home

#yyc #insuringyourhome #yycre #movingtocalgary #firsttimehomebuyers Buying your first home can be both an exciting and a scary experience. Many homeowners are appreciative of any bit of information that would help make the process less stressful and as painless as possible. Home insurance is usually a major contributor to the anxieties new homeowners? experience. They are often confused about how much insurance they need. This post will give easy tips for choosing the best insurance for new ... Full Article...
posted in General at Wed, 13 Feb 2013 08:46:42 -0700

Saturday, January 26, 2013 - Insurance for mortgages

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyer #movingtocalgary While mortgage rates in Calgary continue to make purchasing a property affordable, borrowers who are unable to come up with a 20 percent down payment are not out of the woods when it comes to costs. Mortgage loan insurance is mandatory in cases where a 20 percent down payment is not provided, making it important for Canadians to understand how mortgage loan insurance works, as well as how to qualify for it.How mortgage loan ... Full Article...
posted in General at Sat, 26 Jan 2013 17:28:48 -0700

Saturday, January 26, 2013 - Know your numbers

#yyc #yycre #calgaryhomebuyers #movingtocalgary #firsttimehomebuyer Regardless of how affordable mortgage rates in Calgary make a home loan, taking out a mortgage is still a very big financial decision. Potential homeowners should take the time to calculate their finances and choose a mortgage based on their situation. Fortunately, there are a number of tools online that can help Canadian home buyers get a better idea of their financial situation before signing on the dotted line. Simply open ... Full Article...
posted in General at Sat, 26 Jan 2013 17:26:16 -0700

Tuesday, January 22, 2013 - Post Purchase Costs - Important!!

#yyc #yycre #calgaryfirsttimehomebuyers #buyingahomeincalgary #movingtocalgaryOnce you purchase a home, you can?t run down the street saying you bought a home. Its not that simple. There are various post-purchase costs that home buyers need to take into account.Here?s a short overview of some of the major costs:1.Closing Costs: One set of costs that individuals often forget to take into account are closing costs. Closing costs are up-front costs that you must pay when you purchase your home, ... Full Article...
posted in General at Tue, 22 Jan 2013 08:25:47 -0700

Monday, January 21, 2013 - Investing in Alberta a good idea??

#yyc #yycre #movingtocalgary #calgaryhomebuying #albertarealestate The Mayan apocalypse never happened, the U.S. avoided plummeting from a fiscal cliff, and Alberta real estate market conditions have rebounded to a point almost on par with pre-market-crash figures from 2007. Which brings up the question: Is the time ripe to invest in property in this province?In a word, according to most market pundits, absolutely!A recent report issued by the Real Estate Investment Network has cited that with ... Full Article...
posted in General at Mon, 21 Jan 2013 16:14:50 -0700

Wednesday, January 16, 2013 - CREB® forecasts moderate sales, price growth

#yyc #yycre #movingtocalgary #buyahomeincalgary #firsttimehomebuyerscalgary Calgary, Jan. 16, 2013 ? The resale housing market in Calgary and area will see moderate sales and house price growth in 2013, CREB® said today at its annual forecast. Sales growth in the city is expected to ease to 2.2 per cent this year, with house prices rising by 2.9 per cent. ?Slower growth trends in employment combined with lower migration estimates will impact sales growth across all resale sectors, and, as ...
posted in General at Wed, 16 Jan 2013 18:08:10 -0700

Wednesday, January 16, 2013 - Understanding Residential Wood Heating

#yyc #yycre #movingtocalgary #calgarytips #fireplacetips #homebuyers  Whenever you are dealing with something as potentially dangerous as fire, it's vital to take any and all necessary precautions.  With mortgage rates in Calgary continuing to hover near historic lows, more people are enjoying the benefits of homeownership. One such benefit, especially popular during the cold winter months, is the ability to utilize a fireplace. In addition to the joys of a crackling fire in your living room, ... Full Article...
posted in General at Wed, 16 Jan 2013 09:29:16 -0700

Wednesday, December 12, 2012 - Differences in purchasing rental properties

#yyc#yycre #calgaryhomebuyers #calgaryinvestors #movingtocalgary #propertyinvestors The current state of Canada's economy has left the door wide open for savvy investors looking to make money in the housing market. Mortgage rates remain ultra-low, and falling home prices mean it?s becoming more affordable to buy property.In fact, thanks to decreasing prices and mortgage rates in Calgary, the area is even more affordable than the rest of the country. According to the Royal Bank of Canada, ...
posted in General at Wed, 12 Dec 2012 18:22:31 -0700

Tuesday, December 11, 2012 - First time home buyer...make sure you are prepared

#yyc #yycre #movingtocalgary #firsttimehomebuyers #buythishouse #condobuyerscalgary So you're ready to meet the challenge of buying a new home? With some common-sense planning, you can avoid these five common buyer mistakes and steer yourself towards success:1. Impulse buying. In order to skip this mistake, do some serious research on your specific needs. For example, how do the local schools rate? Are there parks or recreation facilities that fit your needs? Can you tolerate the traffic? Is ... Full Article...
posted in General at Tue, 11 Dec 2012 08:26:21 -0700

Wednesday, December 5, 2012 - Home repair and maintenance

#yyc #yycre #movingtocalgary #calgaryhomebuyers #homeownertipsOnce you?ve settled into your new home, you may start seeing things you?d like to change or repair. Maintenance, repair and renovations are a normal part of homeownership. One of the best things you can do is get to know your home. Every adult member of your household should know the location of the following:? Main shutoff valves for water, fuel and natural gas? Emergency switch for the furnace or burner? Hot water heater ...
posted in General at Wed, 05 Dec 2012 08:48:00 -0700

Monday, December 3, 2012 - Calgary looking good!

#yyc #yycre #calgaryfirsttimehomebuyers #movingtocalgary #buyingincalgary Calgary Update...the rest of Canada may be unstable with home prices but our economist at the real estate board puts any uncertainty to our stable market to rest:?Despite elevated concerns regarding household debt and activity in other Canadian markets, the housing market continues to demonstrate resilience in Calgary,? said Ann-Marie Lurie, CREB® Chief Economist. ?This is related to the migration, wage and employment ... Full Article...
posted in General at Mon, 03 Dec 2012 17:46:19 -0700

Wednesday, November 21, 2012 - Fixed or Variable - that is the question!

#yyc #yycre #movingtocalgary #homebuyers #albertamortgages With Alberta mortgages thriving thanks to continued growth in both Calgary and Edmonton, there are plenty of buyers currently getting a crash course in home buying economics. As far as the many lessons one can learn when financing a house is concerned, choosing which type of mortgage to use is just as important as deciding on a lender. There are numerous varieties, but one of the biggest decisions you?ll make regarding your mortgage is ... Full Article...
posted in General at Wed, 21 Nov 2012 08:59:54 -0700

Wednesday, November 21, 2012 - Calgary Housing - HOT!!

#yyc #yycre #calgaryhomebuyers #calgaryfirsttimehomebuyers #movingtocalgary It looks as if mortgage rates in Calgary are continuing to fuel demand.The Canadian Real Estate Association is reporting that the city?s resale housing market had the highest annual rate of growth in the country during October. According to the CREA, sales in Calgary increased by 26.7 percent, reaching 2,104. That figure is even more impressive when compared to the rest of the nation, where sales fell by 0.8 ...
posted in General at Wed, 21 Nov 2012 08:56:45 -0700

Monday, November 19, 2012 - First Time Home buyer HELP!!

#yyc #yycre #calgaryfirsttimebuyers #movingtocalgary #newtocalgary When it comes to buying your first home, what sort of advice can you expect from a real estate agent? We find that the advice professionals in real estate give to first-time home buyers is pretty consistent, regardless of whether one is looking to buy a small, two-bedroom home or something grander that can accommodate a larger family. Here are eight helpful tips that most real estate professionals give to first-time home ...
posted in General at Mon, 19 Nov 2012 20:03:21 -0700

Wednesday, October 31, 2012 - Divorce and staging a home to hide a potential void

#yyc #yycre #calgaryhomebuyers #calgarydivorce #divorceandrealestate Divorce will always be a part of our society, caused by a variety of circumstances and cultural shifts. The current divorce rate in Canada is approximately 44 per cent ? a rate that has gone up over 1,200 per cent in the past 50 years. It is expected to increase in the next decade.So what happens when these relationships fail? The pressure is on to equalize the couple?s assets (even in the case of common-law marriage). This ... Full Article...
posted in General at Wed, 31 Oct 2012 09:34:23 -0600

Saturday, October 27, 2012 - The apology Lance Armstrong will never give

#cycling #lancearmstrong #blooddoping #livestrong #lanceapology TORONTO ? Hello, everybody, and thanks for coming today. I know a lot of you never thought I would do this. Well, I never thought I would do this, either.My name is Lance Armstrong, and I love cycling. When I was young my anger and desire would overwhelm me when I competed, a blinding rage, and I could barely control it. I had a rough childhood, and cycling was my escape. I was a triathlon champion as a teenager, and I was the ...
posted in General at Sat, 27 Oct 2012 11:14:51 -0600

Monday, October 22, 2012 - Lance Armstrong found guilty

#lancearmstrong #yyc #drugscandal #livestrong #sportsrealestateguy GENEVA?Lance Armstrong was stripped of his seven Tour de France titles and banned for life Monday after the International Cycling Union (UCI) ratified the United States Anti-Doping Agency?s (USADA) sanctions against the American. The long-awaited decision has left cycling facing its ?greatest crisis? according to UCI president Pat McQuaid and has destroyed Armstrong?s last hope of clearing his name. ?Lance Armstrong has no place ... Full Article...
posted in General at Mon, 22 Oct 2012 10:37:59 -0600

Tuesday, October 9, 2012 - Home buying Strategy

#yyc #yycre #calgaryhomebuyers #buyingahome #homebuyingtips Buying a home is both exciting and sometimes stressful...whether you're a first-time homebuyer or an expert at it. The key to reducing the stress and successfully finding the home that matches your wants, needs, and budget is to have a home-buying strategy.A home-buying strategy serves to keep you focused, in line with your goals, and on financial track. It can function much like a marketing strategy does for a company. It contains the ... Full Article...
posted in General at Tue, 09 Oct 2012 16:43:55 -0600

Wednesday, September 19, 2012 - Worried about a storm affecting your investment? Thatâ??s what insurance is for

#yyc #yycre #protectyourinvestment #realestatetips #insuranceforhomes While no one should let the weather impact whether they apply online for a mortgage or not, nothing can make someone think twice about it quite like a hurricane can, as the potential damage that can result from a strong storm hitting a residence can be significant. But the Insurance Bureau of Canada says the chances a homeowner experiences significant damage are reduced if they take proactive measures before one is forecasted ... Full Article...
posted in General at Wed, 19 Sep 2012 08:13:47 -0600

Monday, September 17, 2012 - Calgary on top of the World

#yyc #calgaryinvestors #propertyinvestments #lookingforinvestment #stampedecity At least when it comes to returns on property investments...CALGARY, AB, Sep 17, 2012/ Troy Media/ ? Calgary is world famous for the Calgary Stampede and for Spruce Meadows and its proximity to Banff National Park. But, according to one global real estate consultancy, Calgary is on top of the world for a reason other than mounts and mountains: returns on property investments.The 2012 IPD Global Cities Report, ...
posted in General at Mon, 17 Sep 2012 15:33:18 -0600

Wednesday, September 12, 2012 - Home Equity Lines of Credit - Changes

#yyc #yycre #calgaryrealestate #refinanceyourhome #HELOC If you are looking for a HELOC or Home Equity Line of Credit, you better act soon. The Office of the Superintendent of Financial Institutions (OSFI) has required federally regulated lenders to implement a new rule for HELOCs where your maximum limit will be 65% of your home?s value, from 80% today. Banks must comply by the end of their fiscal year, or October 31, 2012 in most cases.Major lenders such as TD, RBC, and National Bank have ... Full Article...
posted in General at Wed, 12 Sep 2012 22:11:11 -0600

Wednesday, September 12, 2012 - Canadians largely optimistic about job security

#yyc #yycre #alberta #calgaryhomebuyers #firsttimehomebuyerscalgary More people may be feeling confident to apply online for a mortgage, as a new survey suggests their ability to pay off a loan or be approved for one has increased.According to a recent poll conducted by Bank of Montreal, 41 per cent of Canadians say they believe their employer is hiring more and will likely continue to do so for the remainder of the year. In addition, 66 per cent indicate they feel comfortable that they'll be ... Full Article...
posted in General at Wed, 12 Sep 2012 09:27:07 -0600

Wednesday, September 12, 2012 - Breaking down mortgage rule changes

#yyc #yycre #mortgagerules #calgaryhomebuyers #firsttimehomebuyersIn July, new mortgage rules were introduced by the Canadian government that may have some wondering whether now is the time apply online for a mortgage. To help clarify what some of these adjustments are the Calgary Herald recently laid out what they include.Amortization period reduced by five yearsOne of the changes that took place has to do with amortizations periods, or the time in which borrowers have to pay off their ...
posted in General at Wed, 12 Sep 2012 09:23:40 -0600

Wednesday, August 15, 2012 - Still working on saving the NHL season

#nhl2012 #nhlpa #2012nhlcba #calgaryflamesnews TORONTO (AP) -- Representatives from the NHL and NHLPA returned to the bargaining table Wednesday, and are discussing the proposal put forward by the players' association on Tuesday.NHL Deputy Commissioner Bill Daly says the league's negotiating committee had enough time to review the document it received and has provided a response to the union.The NHLPA's offer included a smaller percentage of revenues for players over the next three seasons in ... Full Article...
posted in General at Wed, 15 Aug 2012 14:33:37 -0600

Wednesday, August 15, 2012 - Golf ball sized hail in Calgary yesterday

posted in General at Wed, 15 Aug 2012 13:27:50 -0600

Wednesday, August 15, 2012 - Three frequently asked questions about hailstorms

#yyc #yycre #calgaryhomeowners #hailstormsandyourhome Talk to any vegetable farmer in Alberta and they'll likely tell you hail is one of their top concerns, as the pernicious form of precipitation can do a number on crops and overall production. But hailstones are just as much of a worry for those who recently got through purchasing a home, as the last thing they want to think about is the potential for their home being damaged.To help homeowners get an idea of the type of maintenance they may ... Full Article...
posted in General at Wed, 15 Aug 2012 08:30:20 -0600

Tuesday, August 7, 2012 - The Importance of Credit

#yyc #yycre #calgaryhomebuyers #buyyourfirsthome #firsttimehomebuyers A good credit report and credit score are important factors in determining whether you will be approved for a mortgage. Following are some simple steps you can take to maintain a good credit history and improve your chances of being approved. What is a credit score?Your credit score is a number that illustrates your financial health at a specific point in time. It also serves as an indicator of your financial past, and how ... Full Article...
posted in General at Tue, 07 Aug 2012 16:16:12 -0600

Friday, August 3, 2012 - Apps to help in your home search

#yyc #yycre #canadianrealestate #calgaryhomebuyers #homesearch #firsttimehomebuyer Whether you?re looking for a family-friendly neighborhood, a stunning sunroom, or just a crime-free block, one of these apps will help you find it.  Finding the perfect homeRealtor.com ? Throw those newspapers in the recycle bin and join the 21st century! This is technology?s greatest guide to listings. The app includes up-to-date real estate listings in the U.S., including homes for sale, for rent or recently ... Full Article...
posted in General at Fri, 03 Aug 2012 15:05:44 -0600

Wednesday, July 25, 2012 - Smoke Alarm Safety for new home owners

#yyc #yycre #homesafetytips #homesmokealarms #calgarysafetyforhome Buying a new home carries with it more responsibilities that you may have not focused on as a renter. One of these is fire safety, and one of the best ways in which to ensure your investment stays protected from fire damage is through the installation of a quality smoke detector.As you may already know, it's not only recommended for homeowners to have a working fire alarm in their house, but it's also the law in Canada. ...
posted in General at Wed, 25 Jul 2012 09:44:53 -0600

Wednesday, July 18, 2012 - How to thwart home burglary attempts

#yyc #yycre #calgaryhomeowners #homeownertips #protectyourhome While purchasing something new ? like a pair of shoes ? carries a certain appeal that eventually fades away, that often doesn't apply when buying a new home, as it's usually the most significant investment a person will make in their life. As such, it's natural to want to protect from damage or from being broken into by a burglar.All too often, however, burglaries occur throughout Canada when they could easily have been prevented ... Full Article...
posted in General at Wed, 18 Jul 2012 07:30:59 -0600

Wednesday, July 11, 2012 - Installing a pool? Make water safety a priority

#yyc #yycre #calgaryhomebuyers #buyingahomewithapool Buying a new home comes with the added benefit of having free reign over the property itself, whether it's installing a white picket fence or putting in an inground pool. If a pool happens to be in first-time homebuyers' plans, the Canadian Red Cross advises parents to make sure they watch their kids when it's ready to be used.The charitable organization points out that children can be at risk even around small puddles, as less than three ... Full Article...
posted in General at Wed, 11 Jul 2012 09:42:16 -0600

Tuesday, July 3, 2012 - Market Correction in Calgary's housing...don't think so.

Ann-Marie Lurie, CREB®?s chief economist states: ?Recent reports have mentioned an overvalued Canadian housing market, and it is important to note that the Calgary market has already recorded a correction,? says Lurie, who notes benchmark prices in the entire CREB® residential market remain 8 per cent below peak levels. ?Alberta was slow to recover from the recession, but this year our province is expected to lead the country in economic growth. This growth will continue to support gains in ... Full Article...
posted in General at Tue, 03 Jul 2012 15:50:44 -0600

Tuesday, July 3, 2012 - More single ladies buying homes

#yyc #yycre #calgaryhomebuyers #ladyhomebuyers #firsttimehomebuyers It?s becoming increasingly apparent that a greater number of women are now taking the reins when it comes to home purchases. There?s a growing trend among single women ? and, more precisely, professional single women ? who are becoming independent homeowners. While many of them may be putting off marriage, they?re not waiting around for Mr Right before taking the plunge into homeownership. It?s believed that around 20% of ...
posted in General at Tue, 03 Jul 2012 12:54:18 -0600

Friday, June 29, 2012 - 5 Fast Paced Tips for Buyers

#yyc #yycre #calgaryhomebuyers #firsttimebuyers #buyahome #calgaryhomes #firsttimehomebuyerquestions When prices and interest rates fall, new buyers are itching to take advantage of them and get into a new home.  But what happens when buyers find there is little available to them?  That's right: bidding wars and multiple offers. When real estate is moving fast, it can pay off big to understand how to move quickly, and take advantage of opportunities that others miss out on.  In real estate, the ... Full Article...
posted in General at Fri, 29 Jun 2012 00:36:10 -0600

Wednesday, June 27, 2012 - Parents seek balance for kidsâ?? summer activities

#yyc #calgarykids #calgarysummer #calgaryactivitiesforkids Buying a new home is often a priority for parents with young kids, as their current confines may be getting too cramped for their rapidly growing children. Once parents and their kids take up residence in their new abode, moms and dads say the best thing to ensure their children's' development is to balance their time between structured and unorganized activities.According to public opinion research firm the Gandalf Group, roughly 70 ... Full Article...
posted in General at Wed, 27 Jun 2012 09:26:45 -0600

Monday, June 25, 2012 - Tips for buying a home, together

#yyc #yycre #calgaryhomebuyers #buyingyourfirsthome #firsttimehomebuyers #buyahome Tipsters often talk about buying strategies and talk about how a person can find or purchase a home, but how do people find a home together? Most home buying is a joint endeavor, and balancing both partner?s wants and needs (and often the wants and needs of other family members) can be challenging.Start TalkingBefore you even talk to an agent, talk to each other. Get every decision maker to share what they need ... Full Article...
posted in General at Mon, 25 Jun 2012 13:25:20 -0600

Friday, June 22, 2012 - New Mortgage Rules!!!

#yyc #yycre #calgaryhomebuyers #newmortgagerules #25yearamortization The federal Finance Department has announced some new rule changes for insured mortgages to address concerns over high household debt.Here are the changes:1.       Amortization? It will be shortened from 30 years to 25 years2.       Refinancing? The maximum amount on refinancing will be 80 per cent from 85 per cent of the home?s value3.       Debt Service Ratios? Limit the maximum gross debt service (GDS) and total debt ...
posted in General at Fri, 22 Jun 2012 11:13:34 -0600

Wednesday, June 20, 2012 - How to know if you're ready to buy a home

#yyc #yycre #calgaryhomebuyers #buyingahome #firsttimehomebuyers With Calgary mortgages reaching some of their lowest levels in history, many homeowners who have been thinking about buying a new home are putting those thoughts into action. However, before they get fully involved in the home buying process, Jencor Mortgage notes there are a few things to keep in mind.Determine what your finances areBecause purchasing a home will likely be one of the most significant decisions in your life, it's ... Full Article...
posted in General at Wed, 20 Jun 2012 08:21:42 -0600

Tuesday, June 19, 2012 - The home inspection - roof is the issue

#yyc #yycre #calgaryhomebuyers #thehomeinspection #homebuyerstips Q. We just had the inspection on a 22-year-old house I want to buy. The inspector said that the roof showed serious signs of aging, such as split shingles. This is a major expense, and I believe the seller should pay for all or part of it. But the agent says I shouldn't push for it, since the roof isn't leaking. Is this true? --Cleveland, Ohio A. If your offer was contingent upon your approval of a home inspection, you can ...
posted in General at Tue, 19 Jun 2012 00:43:31 -0600

Wednesday, June 13, 2012 - Mold...is it an issue in your home?

#yyc #yycre #calgaryhomes #mold #buyingahouse If you've been looking into buying a new home, then you've probably learned about all the things that go along with it, such as insurance costs, the mortgage process and scheduling an inspection. In the great majority of cases, these tasks generally go off without a hitch.But after homeowners have been in their homes for awhile and gotten comfortable, they can sometimes forget to perform their own inspections, as Mother Nature ? by its very ...
posted in General at Wed, 13 Jun 2012 13:09:39 -0600

Thursday, June 7, 2012 - Housing bubble? I don't think so!

#yyc #yycre #calgaryhomebuyers #calgaryhousing #iwanttobuyahouseincalgary Hearing the Doom & Gloom about a Housing Bubble? Research Suggests it could be a Bunch of Hot Air.The following support stability in the Canadian Housing Market:Global forces are driving home prices here in Canada.  Canada has been viewed as a shelter from the world financial crisis.  Because our economy is seen as strong with emerging markets, commodities, and natural resources - it is viewed positively by investors.  ... Full Article...
posted in General at Thu, 07 Jun 2012 22:42:51 -0600

Wednesday, May 30, 2012 - Airdrie Booming

#yyc #yycre #airdriehomebuyers #calgaryhomebuyers #whynotairdrie? A good selection of properties to choose from at a cost of 20 per cent less than Calgary has new home buyers flocking to Airdrie. The Calgary Real Estate Board (CREB) said for the first four months of the year, Airdrie?s 38 per cent year-over-year sales growth outpaced Calgary?s in the same period. ?While there are several lifestyle choices that draw people to the city, Airdrie is attracting consumers with young families who are ... Full Article...
posted in General at Wed, 30 May 2012 10:04:52 -0600

Wednesday, May 30, 2012 - Costs of buying a home

#yyc #yycre #calgaryhomebuyers #buyingahomecalgary #coststobuyahome You will need to plan ahead to cover the many up-front costs of buying a home. Timing is important to help make sure things go smoothly. Mortgage Loan Insurance Premium. If yours is a high-ratio mortgage (less than 20% down payment), your lender may need mortgage loan insurance. Your lender may add the mortgage insurance premium to your mortgage or ask you to pay it in full upon closing. Appraisal Fee. Your mortgage lender may ... Full Article...
posted in General at Wed, 30 May 2012 10:01:56 -0600

Wednesday, May 30, 2012 - Mortgage rates----where are they going?

#yyc #yycre #albertamortgages #mortgagerates #calgaryhomebuyers With the question of when mortgage rates are going to rise still unanswered, more prospective home buyers in Canada plan to choose a fixed-rate mortgage than a variable rate, says the annual RBC Homeownership Poll.The poll found 42% of those with home buying intentions would go fixed, twice as many as those intending to take out a variable-rate mortgage.It is the first time in four years interest in fixed-rate mortgages, the ...
posted in General at Wed, 30 May 2012 09:59:39 -0600

Wednesday, May 16, 2012 - Real Estate Agent Paralyzed in hockey fall

#yyc #injuredrealtor #fundraiser #realtorswhoplaysports A real estate sales rep who broke his neck playing hockey needs your help.Richard Morrison, 47, fell while playing recreational hockey with friends in Burnaby, B.C. on April 21. He is paralyzed from the chest down and will never walk again.Morrison was working with Sutton Group ? West Coast Realty in White Rock. ?Rich is self-employed and does not have a safety net of savings or insurance,? says friend and Realtor Brent Silzer, who works ... Full Article...
posted in General at Wed, 16 May 2012 08:24:32 -0600

Tuesday, May 8, 2012 - Advice for Home Buyers

#yyc #yycre #calgaryhomebuyers #buyahome #firsttimehomebuyers 1. Things to Consider Before Starting Your SearchWhat Features Do You Need?Do you need an extra bathroom, a garage, a fenced backyard, or lower utility bills? Do you want a fireplace, a short drive to work, or maybe minimal yard work? Once your list is complete, decide what?s most important to you.What?s the Ideal Location?Where you live obviously affects your lifestyle; it?s also one of the most significant influences on the value ... Full Article...
posted in General at Tue, 08 May 2012 19:09:05 -0600

Saturday, April 28, 2012 - 7 Tips When Buying Foreclosures and Short Sale Homes

#yyc #yycre #calgaryinvestors #propertyinvestors #foreclosures #buyingaforeclosureproperty Patience is a VirtueAgents and sellers tend to establish a low asking price to attract buyers. Banks can be unaware of the asking price and since they have the last word on whether to accept or reject offers, and since properties with low initial asking prices can spark feeding frenzies, buyers need to remain patient throughout the process, which can take months. Don?t Get Caught in a Bidding WarSome ...
posted in General at Sat, 28 Apr 2012 09:07:51 -0600

Saturday, April 28, 2012 - In the words of Warren Buffet...

#yyc #calgaryfirsttimebuyers #calgaryhomebuyers #calgaryrealestateinvestors Legendary investor Warren Buffett feels so strongly about today?s housing market that he said,  ?If I had a way of buying a couple hundred thousand single-family homes, I would load up on them.? www.thesportsrealestateguy.com
posted in General at Sat, 28 Apr 2012 09:02:05 -0600

Tuesday, April 24, 2012 - Enbridge Ride to Conquer Cancer

#yyc #calgarycancerresearch #fundraisingforcancer #fundraising #lendahand Hello everyone! My wife Tara and I are volunteering for the Ride to Conquer Cancer this summer in Calgary not as participants but as volunteers on the road crew.  The Enbridge Ride to Conquer Cancer benefiting the Alberta Cancer Foundation is a unique, two-day cycling event to take place on June 23-24, 2012.  We are still looking for volunteers and of course riders so consider this event as part of your giving back as we ... Full Article...
posted in General at Tue, 24 Apr 2012 08:05:03 -0600

Monday, April 23, 2012 - Financial Breakthrough

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyers #buyahouse Zero-down may not be for everyone, but can be a financial breakthrough for the right candidate   The timing might be spot-on for some prospective Canadian homebuyers to consider a zero-down mortgage. With mortgage rates at historic lows, purchasing your home and saving on rent might be the right financial decision for you.   A zero-down mortgage is not for everyone, but if you have stable income, good credit and the ability to ...
posted in General at Mon, 23 Apr 2012 15:46:22 -0600

Wednesday, April 18, 2012 - Staging your home a little out of budget? Here's some ideas!

The Do-it-yourself approach If hiring the pros is not in your cards, here are some quick-and-dirty ways to help you stage your home on a dime: 1. Remove 20 to 50 per cent of furniture and accessories in each room 2. Stick to neutral paint colours on the wall, and add a fresh coat of bright white paint to the baseboards 3. Clean all windows and scrub all floors 3. Pick up a couple of planters and a new welcome mat for your front porch 4. Buy a fresh set of crisp, clean bedding and white fluffy ... Full Article...
posted in General at Wed, 18 Apr 2012 14:12:24 -0600

Wednesday, April 18, 2012 - Calgarians in a buying mood!

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyers #calgaryhomes Calgarians are in a home buying mood and it?s a sentiment echoed across the province, according to the annual RBC Homeownership poll.Albertans lead the country in saying now is the time to buy?69% compared with 59% nationally ? with 31% of the locals saying they would wait until next year (compared to 41% nationally).It could be the first indicator the thousands of newcomers to Wild Rose Country in the last two years are finally ... Full Article...
posted in General at Wed, 18 Apr 2012 14:02:48 -0600

Wednesday, April 18, 2012 - How to be a successful home buyer

#yyc #yycre #albertahomebuyers #calgaryhomebuyers #firsttimehomebuyer Many homebuyers sitting on the sidelines are diving into the market, often with fistfuls of cash from 3-5 years of hard saving.  Pockets of strong demand are showing up in the Calgary Area, with buyers seeing intense competition and fighting over the current tight inventory with formidable new competitors.To make sure you?re prepared to succeed with your home purchase, you need to do these two things:First, make an assessment ... Full Article...
posted in General at Wed, 18 Apr 2012 13:55:55 -0600

Wednesday, April 18, 2012 - 8 in 10 Canadians confident about housing

#yyc #yycre #realestate #firsttimehomebuyers #buyingahome #canadianrealestate A new study indicates that a considerable number of Canadians are quite optimistic about the housing market and how it will fare over the next couple of years.According to a survey conducted by Leger Marketing on behalf of BMO Financial Group, nearly 85 percent of homeowners believe that the value of their homes will hold firm for the foreseeable future. In addition, more than one-fourth of respondents ? 27 percent ? ... Full Article...
posted in General at Wed, 18 Apr 2012 08:16:36 -0600

Wednesday, April 18, 2012 - Tips for how to make a move go smoothly

#yyc #yycre #movingday #realestateadvice #calgaryhomesellers If you're thinking about buying a new home in the area, one of the most important aspects is to find mortgage rates in Alberta that are affordable. But if you're not packing up your belongings in your spare time, you may encounter a number of issues that can complicate the moving process.Depending on how long you've lived in your current residence, you should begin the moving process well ahead of when you plan to leave your house ... Full Article...
posted in General at Wed, 18 Apr 2012 08:13:13 -0600

Thursday, April 5, 2012 - Are You Ready for Homeownership?

  #yyc #yycre #calgaryhomebuyers #firsttimehomebuyers #timetobuy The decision to pursue homeownership may be based on many factors: everything from a friend?s decision to purchase a home or a family member?s advice against ?throwing your money away on rent? to your bad experience with a landlord or the noisy neighbors sharing your wall. While all of those scenarios (minus peer pressure, of course) may inspire valid arguments for considering the purchase of a home, how do you determine if you?re ... Full Article...
posted in General at Thu, 05 Apr 2012 16:49:30 -0600

Tuesday, April 3, 2012 - Mortgage Fraud - Be careful!!

#yyc #yycre #assumablemortgages #albertamortgages #mortgagefraud The promise of a quick profit in real estate can be hard to resist. But consumers who misrepresent information when buying or refinancing a home could end up being responsible for any shortfall when the property is sold. If the misrepresentation is intentional, they could also be held criminally responsible as accomplices to mortgage fraud. The most common form of mortgage fraud, called straw buying, occurs when someone with good ... Full Article...
posted in General at Tue, 03 Apr 2012 18:30:50 -0600

Sunday, April 1, 2012 - First time buyer tips

#yyc #yycre #calgaryhomebuyers #firsttimebuyers #movingtocalgary Maybe you've been eyeing the real estate market and you think that you're finally ready to purchase your first home...if so, read on to be sure you're in the best position. The rules have drastically changed in the real estate market. At one time, getting a mortgage seemed to require little more than just simply stating your income on paper. Today, the credit tightening continues. Banks want extra documentation that you can truly ... Full Article...
posted in General at Sun, 01 Apr 2012 16:02:47 -0600

Sunday, April 1, 2012 - Buying a home - don't push your limits!

#yyc #calgaryhomebuyers #homebuying #cowtownhomes #yycre Prospective homebuyers need to ensure that a new home doesn't leave them house proud but cash poor or badly in debt."Many first-time homebuyers don't realize the full cost of buying a home, says Carolyn Heaney, Bank of Montreal's Vancouver area manager for specialized sales/mortgages."This includes a home inspection to determine possible problems before the purchase, legal fees, land transfer tax, assuming the buyer's property tax, ...
posted in General at Sun, 01 Apr 2012 15:09:18 -0600

Sunday, April 1, 2012 - Calgary- Now is the time!

#yyc #yycre #calgaryhomebuyers #movetocalgary #cowtown Calgary is more than just a location inCanada; it?s a feeling ? a state of mind. The perpetual Alberta sunshine and Chinook winds create an air of excitement and anticipation. Calgarians don?t just wait around for success; they seize opportunities. With the stimulating pace and boundless opportunities, it?s undeniable ? things happen in this town.Whether for live, work or play, Calgary draws people from across Canada and around the world ... Full Article...
posted in General at Sun, 01 Apr 2012 14:57:10 -0600

Sunday, April 1, 2012 - East Village Rebirth

#yyc #eastvillagecalgary #firsttimehomebuyers #investmentcalgary #riverwalk I made it down to check out what they are doing in East Village this weekend.  All I can say is wow!  They are making significant strides to rejuvenate an area that has long needed an overhaul.  The beautiful condo towers they are building over the next few years and the welcoming parks will truly attract many buyers.  In fact, the first weekend saw thousands of people walk in the doors and many putting money down to ... Full Article...
posted in General at Sun, 01 Apr 2012 14:44:35 -0600

Wednesday, March 28, 2012 - How much home could your rent buy?

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyers The days are getting longer and mortgage rates are wonderfully low as we move into spring housing market 2012! In fact, homeowners are locking in some of the lowest rates in history.  This Great Canadian Mortgage Sale is a good time to take a look at how much mortgage you could afford given your current rent.  Your dream home may be more affordable than you think!   Rent Today               $1250                $1500          $1750            ... Full Article...
posted in General at Wed, 28 Mar 2012 21:23:03 -0600

Monday, March 26, 2012 - Home buying mistakes that lead to regrets

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyers There are home buying mistakes that every buyer should avoid, mainly because of the extent of their impact on the buyer. For first time home buyers, it is even more important to be aware of the common errors committed by home buyers so that their first foray into homeownership will be a memorable one ? for all the right reasons. The good news is that it is quite easy to avoid these mistakes, as long as the buyer remains open-minded and willing ... Full Article...
posted in General at Mon, 26 Mar 2012 16:30:17 -0600

Thursday, March 22, 2012 - Mortgage Rules not changing...for now.

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyers Canadian Finance Minister Jim Flaherty signaled on Thursday his reluctance to tighten mortgage rules and choke off the vital contribution the construction business makes to a still-recovering economy, but he said he would do so if necessary. He said he preferred to let the market correct itself rather than have the government step in and impose new constraints on the industry, a move that some say is necessary to prevent a U.S.-style housing ... Full Article...
posted in General at Thu, 22 Mar 2012 14:45:07 -0600

Thursday, March 22, 2012 - Home Interest Rate Heads up!

#yyc #yycre #calgaryhomebuyers #firstimehomebuyers Interesting changes to the mortgage qualifying system may be implemented as soon as April.What will this mean to people purchasing a home? It will mean that you will have to qualify at the 5 year posted rate. If you want a 2.99% 4 year rate you have to qualify at the posted rate (5.24%). If you want a 5 year 3.19% you have to qualify at the 5 year posted rate ( 5.24% ). Once again our government wishes to stifle the Real Estate surge. I will ... Full Article...
posted in General at Thu, 22 Mar 2012 08:22:02 -0600

Wednesday, March 21, 2012 - Open lines of communications will home buyers

#yyc #yycre #calgryfirsttimebuyers #calgaryhomebuyers Most real estate agents earn their living by representing buyers and sellers in propertytransactions. While commission rates and/or terms vary from one listed property to another, there?s no question about which agent and brokerage firm is representing the sellers. The yard sign alone makes that clear.However, problems can surface on the other side of the transaction if a buyer (intentionally or unwittingly) does things that lead two ...
posted in General at Wed, 21 Mar 2012 14:21:50 -0600

Wednesday, March 21, 2012 - Costs to consider when buying a home

#yyc #yycre #yychomebuyers #firsttimehomebuyers The following is a list of costs to consider when analyzing your real estate budget: 1. Selling costs (realtor fees or marketing fees or combo of both if listing on MLS for self. (Yes, you do still have to pay a realtor their commissions if they bring you a buyer). 2. Land transfer tax on new purchase 3. Mortgage penalties for early cancellation (if any) 4. Insurance (paid up front on new purchase before title transfer) 5. Transfer of ... Full Article...
posted in General at Wed, 21 Mar 2012 00:35:49 -0600

Friday, March 16, 2012 - Improving my credit score

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyers Increasing your credit score when considering the purchase of a home and obtaining a mortgage is important to have a high credit score.  But more importantly you should have good overall credit. Starting with the basics, what is a credit score and credit report? When applying for credit, companies consult one of two central reporting agencies ? Equifax or TransUnion. Equifax, the larger of the two, is most commonly used.  Whenever a lending ... Full Article...
posted in General at Fri, 16 Mar 2012 11:31:35 -0600

Thursday, March 8, 2012 - Calgary getting more affordable

#yyc #yycre #calgaryhomebuyers #southcalgaryrealestate Strong market fundamentals will help the Calgary housing market turn a corner in the period ahead, says the latest Housing Trends and Affordability Report by RBC Economics Research.Despite being one of the more affordable housing markets in Canada and ?enjoying an economic renaissance,? the Calgary area was unable to sustain any meaningful momentum in home resales last year, said the report.?The lacklustre performance in the Calgary area ... Full Article...
posted in General at Thu, 08 Mar 2012 15:27:14 -0700

Thursday, March 8, 2012 - Pay down that mortgage faster!

#yyc #yycre #calgaryhomebuyers #southcalgaryhomes Regardless of how long you?ve had your mortgage or how large or small the current balance is, there are a variety of ways to make prepayments work for you to pay down your mortgage faster and, therefore, pay less interest throughout the life of your mortgage. After all, each extra payment amount will reduce your principal balance, which, in turn, reduces the amount of interest you?ll have to pay on your borrowed mortgage amount. Most lenders ... Full Article...
posted in General at Thu, 08 Mar 2012 15:22:38 -0700

Wednesday, March 7, 2012 - Alberta expected to lead Canadian growth in home sales

#yyc #yycre #calgaryrealestate #calgaryhomebuyers #firsttimehomebuyers By Mario Toneguzzi, Calgary Herald, March 6, 2012 CALGARY - Alberta home sales are poised to show the biggest year-over-year gains in Canada over the next two years, according to the Canadian Real Estate Association. In a report Monday, CREA said MLS sales in the province would grow by 6.8 per cent this year to 57,400 and by another 1.7 per cent in 2013 to 58,400. Across the country, CREA forecasts 0.3 per cent growth this ... Full Article...
posted in General at Wed, 07 Mar 2012 00:57:50 -0700

Monday, March 5, 2012 - Home Inspections - get one!

#yyc #yycre #calgaryhomeinspections #yychomebuyers When you are buying a home, the home inspection is one of the move important parts of the process. If you don?t get a home inspection, you may pay for a house that has a leaky roof, poor wiring, pest damage, dangerous asbestos qualities in the air, a crumbling foundation, or more! After you?ve purchased the house, there is little you can do if you?ve waived your right to a home inspection. They?re absolutely necessary. Even some people who get ... Full Article...
posted in General at Mon, 05 Mar 2012 12:12:11 -0700

Monday, March 5, 2012 - Buy and renovate for the perfect abode

#yyc #yycre #calgaryrenovations #calgaryhomesellers #calgaryrealestate #calgaryhomebuyers Many homebuyers looking at older properties find themselves in a common predicament: they've found a property that suits them, but it needs some costly and immediate upgrades. Increasingly, buyers are adding the costs of those immediate renovations into their mortgage, instead of racking up credit card bills or selling investments to pay for the upgrades. Known as a "purchase plus improvements" mortgage, ... Full Article...
posted in General at Mon, 05 Mar 2012 08:27:02 -0700

Saturday, March 3, 2012 - Renovations - How to add value!

#yyc #yycre #homerenovations #calgaryhomerenovations For some people, their main priority is to have every dollar they invest into renovating their home to provide the best possible return on investment.  For others they might just renovate to improve their quality of life, but still strive for some added value for the future. You can choose renovations that will give you the best return on investment.  By return on investment we mean the amount of dollars you invest in renovations v.s. the ... Full Article...
posted in General at Sat, 03 Mar 2012 10:03:14 -0700

Wednesday, February 29, 2012 - Clear the Clutter!

#yyc #yycre #calgaryrealestate #calgaryhomes If you've ever seen "Hoarders" you get incredibly scared about one day dying your hair purple and becoming one, here are 4 Quick Clutter-Busters!Clutter is like pollution, and can prevent a feeling of zen. 1.) Identify the Clutter-Spots: The Kitchen is a haven for mail, your nightstand might not even visible to even hold your book. 2.) Purge: No point in holding something that doesn't get use, or if you constantly buy its replacement, if you still ... Full Article...
posted in General at Wed, 29 Feb 2012 12:01:52 -0700

Monday, February 27, 2012 - Tips for buying a foreclosure

Tips for purchasing a foreclosure- Pay for a home inspection before making an offer, if you can- Neighbours can be an excellent resource when researching the history of the property.- Do your homework on average sale prices for similar homes in the area- Set a budget and stick to it- Before making an offer, ensure financing is securely in place- Check furnace for efficiency and gas leaks- Do renos yourself if you have the skills, time and expertise required; obtain any city permits needed- Seek ... Full Article...
posted in General at Mon, 27 Feb 2012 11:32:12 -0700

Monday, February 27, 2012 - Secndary Suites in new home builds

#yyc #yycre #calgarysecondarysuites #newhomebuildsuites For the first time some new homes are being marketed in Calgary with legal secondary suites.The pilot project is a partnership between Genstar and the city to provide some much needed affordable housing.Two show homes in the community of Walden feature the secondary suites.The suites will cost the new home buyers an extra $50,000 but the city will chip in half of that.The cozy suites have high ceilings, separate entrances, and individual ... Full Article...
posted in General at Mon, 27 Feb 2012 11:28:27 -0700

Monday, February 27, 2012 - Mission - Growing and vibrant

#yyc #yycre #yycmissionhomebuyers #calgarymission Even before the doors opened on Saturday, the Tribeca condominium project was half sold and as soon as the locks came off the showroom doors it was abuzz with buyers. "We are definitely starting to see a recovery in 2009," says Chelsey Marshall, the Bucci Development sales manager. "A lot of projects were put on hold and, starting in 2011, we saw a lot of construction starts and obviously that's going to carry through 2012." 26-year-old ...
posted in General at Mon, 27 Feb 2012 11:21:40 -0700

Monday, February 20, 2012 - Helping new Canadians get a home of their own

#yyc #yycre #firsttimehomebuyers #establishingcredit #newcanadianshomebuying New Canadians are making their numbers felt in the housing market, as they get settled and make the transition from renter to owner, with mortgage brokers helping to make that transition as easy as possible.The most important considerations for new Canadians are credit history and downpayment. If you are new to Canada and do not have any established credit, you can qualify for a mortgage with three months of employment ... Full Article...
posted in General at Mon, 20 Feb 2012 18:11:36 -0700

Friday, February 17, 2012 - Do You Know How To Avoid The Four Most Common Mistakes Made When Buying A Home?

#yyc #yycre #buyingahome #homebuyers #calgaryhomebuyers by RicardoBrasilon Buying a home is one of the biggest purchases of your life and you want to be cautious that you don?t make any mistakes that you?ll regret later on. Here are the top four most common mistakes made when buying a home, along with tips on how to prevent yourself from doing them or how to recover if you have already made them.Mistake #1: Not Getting Pre-ApprovedThe biggest mistake made by homebuyers and is the first thing ... Full Article...
posted in General at Fri, 17 Feb 2012 16:03:18 -0700

Wednesday, February 15, 2012 - Foreclosures Calgary

#yyc #yycre #calgaryforeclosures #calgaryhomeforeclosure The number of foreclosures Calgary experiences is relatively low when compared to other provinces.The economic situation changes in all areas from time to time, so keep an eye open.If you're looking for a bargain house in this area, are not in a rush and don't mind moving in on someone else's unfortunate financial situation, it may be worthwhile looking for a realtor or broker that specializes in dealing with property foreclosures.These ... Full Article...
posted in General at Wed, 15 Feb 2012 15:38:11 -0700

Monday, February 13, 2012 - Can a kitchen sell a home? You bet it can!

#yyc #yycre #calgaryhomerenos #calgaryhomesellers It's a tool used by house flippers all across the country. Stagers know its power. Real estate agents push its importance. What is this not-so-well-kept secret of real estate? A kitchen can sell a house.  A kitchen is the heart of a home. This is true all across the globe. The old saying that the "stomach is the way to the heart" carries a lot of truth. Kitchens are where we spend much of our time and most of that is with our families. It's the ... Full Article...
posted in General at Mon, 13 Feb 2012 14:24:55 -0700

Sunday, February 12, 2012 - Why use a Buyer's Agent in a real estate purchase

#yyc #yycre #calgaryhomebuyers #firsttimehomebuyer Q: I found a place that is online with a Realtor, but it says to contact a ?Buyer?s Agent? instead of the listed Realtor. Why? What does this mean??Shell, Las Vegas, NV A: Having a good buyers agent is key. They can walk you through the buying process, at no cost to you. They will be able to be the giver of advice, schedule appointments, explain to you about neighborhoods and properties. They will negotiate on your behalf and write up contracts ... Full Article...
posted in General at Sun, 12 Feb 2012 12:08:35 -0700

Friday, February 10, 2012 - Calgary's East Village getting a serious lift

#yyc #yycre #calgaryeastvillage #calgaryrealestate #eastvillagecondos Well everybody a community in the inner city is getting a serious facelift over the coming years.  East Village which has become known as the home of the King Eddie is looking to become the neighbourhood of the future.  Firms out of Vancouver and Toronto are redeveloping the site and creating a town within a town.  If you want anymore information on East Village, let me know and I will be happy to help! Check out this link ... Full Article...
posted in General at Fri, 10 Feb 2012 13:37:34 -0700

Wednesday, February 8, 2012 - First time home buyers - did you know?

#yyc #yycre #firsttimehomebuyers #buyingahouse #calgaryhomebuyers The Home Buyers? Plan (HBP) is a program for first-time homebuyers that allows you to withdraw funds from your RRSPs to buy or build a home. You can withdraw up to $25,000 tax-free ($50,000 for a couple). Your RRSP contributions must remain in the RRSP for at least 90 days before you can withdraw them under the HBP. Generally, you have to repay all withdrawals to your RRSPs within a period of no more than 15 years. You?ll have to ... Full Article...
posted in General at Wed, 08 Feb 2012 08:27:28 -0700

Wednesday, February 8, 2012 - It's not all about the lowest interest rate!

#yyc #yycre #creb #calgaryhomebuyers #calgarymortgages There has been a lot of chatter surrounding ultra-low rates that were introduced by many banks early this year. But, it?s important to look beyond mere rates into the bigger picture surrounding what?s significant when it comes to your specific mortgage needs. While ?no-frills? mortgage products typically offer a lower ? or more discounted ? interest rate when compared with many other available products, the lower rate is really their only ... Full Article...
posted in General at Wed, 08 Feb 2012 08:24:49 -0700

Monday, February 6, 2012 - Home Ownership Made Easy

#yyc #yycre #firsttimehomebuyer #Calgaryhomebuyers by Cordell Blanchette According to the Royal Bank of Canada the Alberta housing market is the most affordable in the country and for many that?s reason enough to consider home ownership after graduation.The RBC study showed that home ownership costs (represented as a per cent of household income) was a mere 20 per cent for condo owners in 2011, almost half of the over 40 per cent cost in British Columbia.This means that you?ll have to spend ... Full Article...
posted in General at Mon, 06 Feb 2012 12:09:36 -0700

Monday, February 6, 2012 - Alberta - Opportunity

#yyc #yycre #albertarealestate #calgaryrealestate #calgaryhomebuying Once again, Alberta is leading Canada's economic growth. Almost half of the new jobs created in Canada last year were created here, and Alberta boasts the lowest unemployment numbers in the country at 4.9 per cent. The availability of jobs will make Alberta a magnet for economic migrants for some time to come.But Alberta has the potential to build on economic success. It also has the potential to create a social vitality that ... Full Article...
posted in General at Mon, 06 Feb 2012 11:55:43 -0700

Friday, February 3, 2012 - Things to Consider When Buying A Fixer Upper

#yyc #yycre #buyingahome #calgaryrealestate #fixerupperhomes Anytime that you purchase a home, whether it needs love or if it is move-in ready, you already need to be considering the resale of that home, no matter what your plans for the future might be. This will better enable you to make the right choices at the right time. Making good buying choices will help you make good selling choices later, and you wouldn?t want to make a purchase that will not return your investment plus a profit ...
posted in General at Fri, 03 Feb 2012 06:37:15 -0700

Thursday, February 2, 2012 - Real Estate Investors - read this!

#yyc #yycre #realestateinvestors #investincalgary #landlords The 5 profit centres of real estate By Malcolm SilverWith the volatile financial markets of the past three years, wise investors are looking for alternative vehicles for their wealth. Real estate investments offer five profit centres:1. Market appreciation2. Earned appreciation3. Positive cash flow4. Mortgage reduction and leverage5. Tax deductionsCompare this to stocks, which have just two profit centres: dividend and capital gain. ... Full Article...
posted in General at Thu, 02 Feb 2012 09:16:25 -0700

Thursday, February 2, 2012 - Renewing a Mortgage - read this first!

#yyc #yycre #renewingyourmortgage #mortgage #calgaryrealestate When you bought your first home, chances are you did research on mortgage options and rates. Renewals should be no different. According to Canada Mortgage and Housing Corporation (CMHC), 60% of Canadians just accept the renewal rate from their current lender without shopping around. This rate is usually the posted rate or at a slight discount. By simply accepting what your current lender offers you, you could be paying thousands of ... Full Article...
posted in General at Thu, 02 Feb 2012 08:34:49 -0700

Tuesday, January 31, 2012 - Thinking renovations - The Kitchen!!

#yyc #yycre #renovations #calgaryhomesellers #sellyourhomeformore It's a tool used by house flippers all across the nation. Stagers know its power. Real estate agents push its importance. What is this not-so-well-kept secret of real estate? A kitchen can sell a house.  A kitchen is the heart of a home. This is true all across the globe. The old saying that the "stomach is the way to the heart" carries a lot of truth. Kitchens are where we spend much of our time and most of that is with our ...
posted in General at Tue, 31 Jan 2012 08:53:31 -0700

Monday, January 30, 2012 - Investor Paul Hecht on buying Canadian foreclosures.

#yyc #yycre #firsttimehomebuyers #calgaryforeclosures #calgaryhomedeals   "Foreclosures are all across the country as banks need to liquidate these non-performing assets off their books. Take advantage of these amazing bargains and buy them at 50 cents on the dollar. Most banks will take what is owed on the mortgage or less. Find out how through our foreclosure subscription." Sounds great doesn't it? This is actually a headline from a database subscription company offering to show you how to ... Full Article...
posted in General at Mon, 30 Jan 2012 18:02:42 -0700

Monday, January 23, 2012 - Be careful with those discounted mortgage rate!

#yyc #yycre #firsttimehomebuyers #calgaryhomebuyers When considering a deeply discounted 5-year rate, keep in mind that cheapest isn't always best. Strangely, we know that's true when we're shopping for anything else - but we still tend to believe that lowest rate is the one and only factor in choosing a mortgage. But, that low-rate mortgage could actually cost you more in the long run. An amazing cut-rate mortgage could have you locked in to a very rigid contract filled with financial "trip ... Full Article...
posted in General at Mon, 23 Jan 2012 08:53:23 -0700

Saturday, January 21, 2012 - Calgary East Village NEW Condos

                                      #yyc #yycre #eastvillagecondos #calgaryhomebuyers Two new condo towers are set to break ground in a downtown district once known as a haven for crime and drug use, say officials.Michael Brown, president and CEO of Calgary Municipal Land Corporation (CMLC), told reporters Tuesday he?s optimistic developers of the buildings in the heart of East Village will reach their sales targetsand will be able to begin construction this summer.?This is the year ... Full Article...
posted in General at Sat, 21 Jan 2012 11:20:51 -0700

Tuesday, January 17, 2012 - NFL 2012 - and then there were 4!

#yyc #nflfootball #2012superbowl #superbowl46 Here we are less than 3 weeks away from the NFL Super Bowl and the picture is starting to take shape.  On the #jimrome show, the talk is about over the last 20 years it is quarterbacks who win championships.  The 2 times in the past 2 decades that a defence has won a championship was Tampa Bay with Brad Johnson at the helm and the Ravens with Trent Dilfer. Eli Manning has won the big game, we all know Tom Brady has done it a few times and then you ... Full Article...
posted in General at Tue, 17 Jan 2012 14:57:38 -0700

Tuesday, January 17, 2012 - The Importance of hiring a real estate agent

#yyc #yycre #firsttimehomebuyer #calgaryhomebuyerHome shopping and selling can be an intense and difficult task. With a lot info obtainable online, many people think they'll be able to tackle the task on their own. With homes for sale increasing, the real estate market can be complicated if you do not have the skills and experience in real estate. The advantages of utilizing the service of a real estate agent are invaluable when selling or buying a house or property. The advantages of hiring a ... Full Article...
posted in General at Tue, 17 Jan 2012 12:07:54 -0700

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