Calgary Real Estate Blog

5 Things to Know About Seller DisclosuresSelling a home often involves presenting the property in its best condition. However, sellers also have obligations to potential buyers. In order to minimize future liability, sellers should confirm that they have given buyers a full picture of the home's condition. Some rules are based on the city or province. Others are more closely related to convention. With this information, sellers will understand how they can provide buyers with useful and accurate data about the property.

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

1. Unknown vs. Known Faults

The information that a seller gives to a buyer is primarily a matter of liability. Sellers are

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What to Know About Seller FinancingIf you are selling your home you may have considered using seller financing to get it sold quickly. By seller financing we mean lending money to the person that is buying your home and acting as a financial institution for them. Contracts can be made up that allow you to loan the money to the buyer and then collect the interest from it.

This can greatly speed up the selling time for a home since many people do not meet the stringent requirements for mortgage loans at a bank. Also, a lot of people have a very hard time coming up with the initial down payment for their first home. If you need a quick sale you may consider seller financing as a viable option.

For informational purposes only. Always consult with a financial advisor before proceeding

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What to Know If You're a Single Home-BuyerBuying a home as a single person is a lot different than buying a home as a couple. When you have another person that is going to be buying a home with you, you have a sounding board to work with during the process. All of your concerns and questions can be discussed with your partner and at the end of the day it will be two signatures that are penned at the bottom of the contract instead of only one. When one person only has to sign, it can be a lot more stressful since you are assuming full responsibility for the new property and all of the payments that are going to go along with it down the line.

In order to help take some of the stress out of the situation, here are some tips you can use if you're a single person that is looking for a home:

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What to Expect From Next-Generation HomesAny decorator can walk into a home and date it back to its beginnings by its architectural style. Sometimes there are long transition periods from one style to the next but there's no question that throughout the years housing designs have been changing. What's in store for the next generation of homes and what are the latest trends for new design styles?

The next-generation homes are going to be bright and airy with plenty of space. The dark and narrow hallways of yesterday will be transformed into large passageways that lead from one open concept room to the other.

The Flow of Modern Homes Has Changed

There is a lot of concentration on the flow of the home and how the residents of it can make their way from one end of the house to the other

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Tips to Research the Real Estate Market Before BuyingWhether you're a first-time home buyer or an old pro, it's helpful and important to research the real estate market before buying a home. Knowing what kind of homes are available and what to expect from the buying experience can help you be prepared. These tips can help.

Look at Listings

Before making any decisions about where to buy and what kind of home to purchase, future buyers should start looking at listings in the neighbourhoods they're considering. Looking at pictures and prices can help buyers get a sense of what kind of homes are available. They'll also start to get a sense of what features are typical in homes, so they'll know what to prioritize when they're making their home purchase wish lists.

Explore Neighbourhoods

Once the

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What to Know About Home Warranty PoliciesAlthough a home doesn't quite have as many moving parts as a car or cell phone, items can still break and be in need of repair. Often times these repairs can come out of the blue and can be rather costly to fix.

In the instance of an older home or any situation where a homeowner anticipates something might go wrong, a home warranty can be a beneficial tool. An agreement between a homeowner and a home warranty company, this contract can cover a number of repairs.

The Basics Of The Warranty

Each home warranty might look a bit different, but the ultimate goal is to provide protection and monetary coverage should something break in one's home. Many times a home warranty is included with the purchase of a home as an additional perk, or it can be

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Rich Neighbourhood

Calgary is home to some of the richest neighbourhood in Canada. These are very exclusive areas full of large and luxurious homes. Here are some of the riches neighbourhoods found throughout Calgary.

Roxboro, Calgary

  • Average Household Net Worth: $6.38 Million
  • Average Annual Household Income: $845,038
  • Average Home Price: $1.39 Million

In terms of net worth Roxboro is in fifth place but in second place with average annual household income. It is also in second with the most expensive homes. Its tree lined streets are bordered by the Elbow River on the North and on the East by the St. Mary's Cemetery.

Mount Royal, Calgary

  • Average Household Net Worth: $6.54 Million
  • Average Annual Household Income: $617,128
  • Average Home
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5 Must-Attend Calgary Remembrance Day EventsEach year on November 11th, you can honor those lost in the First World War at the many Remembrance Day events across Calgary. At these special ceremonies, you will have a chance to learn about those who sacrificed their lives and honor their memories. To help you best plan your time on this important day, use this guide to learn about five amazing Remembrance Day events you can attend in Calgary.

Military Museums Service

Starting at 10:30 am, The Military Museums will begin their service to honor the fallen and commemorate the anniversary of WWI. The guests of honor will come in first to begin the ceremony. The hosts will go through the Act of Remembrance next to share knowledge about the war and the sacrifices made throughout. You will have a

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Common Myths and Misunderstandings in Real EstateWhen you're buying or selling a home, there are a ton of ins and outs that define how smoothly a transaction will go. Because the home-buying process is so complex, many myths and misunderstandings propagate, giving new home-buyers an incorrect understanding of what to expect when buying a home. Here are a few of the most common real estate myths to look out for.

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

Top 10 Real Estate Myths

What lies about the real estate industry have you heard? Here are a few widely circulated myths that many inexperienced home-buyers fall victim to believing.

1. A Referral Is The Best Way To Get A Real Estate Agent

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Tidy RoomMany home-sellers make some very common mistakes that can cost them time and money. When it's time to sell your home, you want to make sure you don't make any of the following common selling mistakes.

Bad Home Presentation

If your home isn't ready to show, you may struggle to sell it, regardless of the price. You want to make sure the property is clean, well maintained, tidy and in order. Make sure you take care of any small repairs before listing your home for sale.

Taking the First Offer Lightly

Sometimes, as a seller, you think the first offer is just a sign of many more to come. This causes you to take it a little lighter than you probably should If it's a good offer, instead of waiting for a better one, make sure you consider the offer

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