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Home Buying Blogs – Calgary

Home buying advice for Calgary, Alberta residents.

Found 76 blog entries about Home Buying Blogs – Calgary.

Calgary Community Association CleanupCalgary is comprised of more than 200 amazing neighbourhoods.  If you’re purchasing a new Calgary home, familiarize yourself with your neighbourhood and learn how to get involved with your local community association.

A Personal Touch

While the city as a whole is operated by the municipal government with the Mayor and Councillors, each neighbourhood has a community association run by a volunteer directors and members.  It’s the purpose of each association to keep the community connected, to offer social programs and events and recreation.  Most associations, which are separate from home owners’ or residents’ associations, have a meeting hall and are responsible for operating the neighbourhood outdoor skating rinks.  The tireless volunteers

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Buying a Home in an Urban Area Buying a home in a big city can be very different from buying a home in a small town or a rural area. Parking, traffic and neighbourhood amenities can all impact a homeowner's experience in the area where they buy. Knowing what factors to consider can help you pick a property that will meet your needs and enhance your satisfaction with your home.

Visit the Neighbourhood Day and Night

Some neighbourhoods in big cities can change dramatically after the sun goes down. Prospective buyers spend time walking around their chosen neighbourhood after the sun goes down. If you don't feel comfortable in the neighbourhood of your choice, keep looking until you find a place that's right for you.

Drive the Commute

Big metro areas are known to have at

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How Real Estate is Transforming Due to New Building TechnologyFrom start to finish, new home building technology has managed to take the construction industry by storm—even if it's a rather slow-moving storm at the current moment. Construction has been one of the last sectors to embrace the modern, but it won't stay that way for much longer. The innovations offer too many benefits for any serious professional to ignore. While every company is progressing at their own pace, it's helpful for everyone to know how the trends are likely to influence the future of home construction from beginning to end.

Settling on a Site

Before construction can ever get started, leaders have to know where to build. And thanks to scouting technology like drones and 3D scanners, the task has never been easier. Now, investors,

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Home Mortgage Financing Options for Canadian Home PurchasesFor those who live in Canada and are looking into financing a home, they may be surprised to find that they are limited to just a few options. For example, unlike some other locations throughout the world, Canada does not offer the 30-year mortgage. That may seem perfectly normal to people who have lived here all their lives, but for those who have moved there from another country it may be surprising to find that they have to look at finances differently when they decide to buy a house. So, what options are available? Fortunately, there are still choices when it comes to loans for first time home buyers in North Calgary and buyers across Canada.

Most Homes Are Bought On Five-Year Loans

Just five years to pay off a house? That may seem

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Downsizing Tips As the kids spread their wings and leave the nest, many homeowners begin to reconsider their housing options. For many, the question of selling the large family home and moving into a smaller one is at the top of the list.

In some cases, this type of downsizing is merely a matter of convenience, and for others the cost of maintaining the larger home can place real strain on a household budget that may have shrunk due to retirement, college costs, or other reasons.

If you are watching your kids leave the nest and wondering why you are still heating and cooling all that excess space, it may be time to seriously consider downsizing. Wondering how to downsize your home? These tips will help you make the move to a new home with grace and style.

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Should I Get Pre Approved for a MortgageWhen the time comes to purchase a home, one of the most common pieces of advice given to buyers is to get pre-approved for a mortgage before beginning to look at homes. But prospective buyers who are in a hurry to purchase may view the mortgage pre-approval process as tedious or something that can be postponed until after they find the right home. In reality, nothing could be farther from the truth.

When prospective buyers make this mistake they may actually be setting themselves up for a much more difficult home buying process. This may be due to an increased likelihood that an unapproved buyer will make a bad purchase decision or that they will be far more likely to experience unnecessary financial difficulties during and after the sale

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Tips for Creating Your Own Moving TimelineHaving the the right professionals on board to handle a home sale is important, but home buyers and sellers are usually the ones who need to handle the actual move from one home to another. And one way to make a move less stressful is the use of a preplanned moving timeline. Moving timelines help buyers and sellers stay on top of the many necessary details for a successful transition. Plus, it gives everyone a chance to feel accomplished when they meet their milestones. For a better idea of where to begin, here are a few underlying rules to keep in mind when constructing your own timeline.

Common Supplies Needed When Moving House

Homeowners need many supplies during a relocation. Boxes, bubble wrap and tape are some of the most obvious

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How to Know if Buying a Vacation Home is Right For YouBuying a vacation home is a great idea for many but you want to make sure that you do not make a hasty decision. It is not always the best time to purchase a vacation home so you want to make sure that you have everything lined up before you take the plunge. The timing for purchasing a vacation home depends on not only your personal financial situation but also the season where you are purchasing.

How to Qualify for a Mortgage on a Secondary Home

Qualifying for a mortgage on a secondary home starts with stable finances and a great credit score. Lenders typically want to see a credit score of above 725 and a strong debt to income ratio for these types of loans. If you do not meet these qualifications, all is not lost, as a sizeable down

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Bidding Wars: How To Get the Home You WantBidding wars are common in hot sellers markets. When home inventory is low and prices are high, buyers often compete with one another to get the most desirable houses. Knowing how to win a bidding war is important in these markets. These tips can help serious buyers to stand out from other competitive home buyers.

Get Pre-Approved for a Mortgage

Pre-approved offers are far more attractive than offers from pre-qualified buyers. This is because a pre-approved offer is closer to a sure thing than an offer from a pre-qualified buyer. Home buyers can stand out from other buyers by getting pre-approved at the beginning of the search for a home. While the pre-approval process does take more time, a pre-approval can help buyers win a bidding war with

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Plans for Buying a Home With Your RSPIf you have never purchased a home before, you are all too well aware of how difficult it can be to qualify for a mortgage and manage those often ghastly monthly payments.

Even more difficult is saving money for that 5% or 10% down payment unless you're lucky enough to deal with the Bank of Mom and Dad.

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

The easiest way if you need to squirrel away a few dollars from each pay cheque is to use a Retirement Savings Plan (RSP) as a vehicle to fund your down payment. It's what they call a fund with benefits and not just when you turn 65.

If you weren't aware that you can take money out of your RSP with no tax

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