Calgary has a buzz on. Life in Alberta's biggest city is good, the economy is thriving, work is abundant, wages are high, taxes are low, homes are affordable, lifestyles are diverse, and the natural scenery rivals anywhere in the world. And, it's been a record year for Calgary real estate, with residential sales 12% above the 10-year average.
Still, as we prepare to ring in a new year, it's all about the supply chain in local real estate – an inventory level that is now at its lowest since 2005, largely impacted by the withdrawal in sales and new listings. Lower-priced properties felt the stiffest conditions as higher-priced homes drove supply growth this year.
For informational purposes only. Always consult with a licensed real estate
Have you been thinking of selling your home? The staging process is one of the most important steps, but it often gets overlooked. Keeping your home show-ready means ensuring your home looks its best so potential buyers can see themselves living there. That includes decluttering, deep cleaning, and arranging furniture to create an open and inviting space.
This blog post will give you a step-by-step guide on cleaning your home for the perfect showing. First-time sellers and experts alike can make great impressions on potential buyers by sticking to these six pre-staging cleaning tips.
Remove All Personal Items from the Home
The first step is to remove all personal items from home. This includes items such as family photos, collections, and
If you are planning to put your North Calgary home on the market soon, chances are good that you are already immersed in a flurry of painting, de-cluttering, and deep cleaning tasks to make sure that prospective buyers will find it both attractive and welcoming.
While doing this type of interior preparation is a very important part of getting buyers to want to purchase the home, sellers must also realize the importance of making sure that their home appeals to buyers when viewed from the curb, as well.
After all, getting prospective buyers to look inside the home begins by making sure they find the outside attractive enough to want to see the inside.
Start at the Curb
Today's families live busy lives, making it easy to overlook landscaping
The familiar rhetoric about location as the primary determinant of North Calgary real estate value is only partially true. Where a property is situated is a part of the equation, but equally important to a home's value are the square footage, the style and the amenities. So, just what should a seller consider when setting a price? And how is it possible to determine that a price is neither too high, nor too low, for current market conditions.
Underpricing can, on occasion and in a hot market, help to promote a bidding war, but it is risky. Overpricing, on the other hand, often means that a home will be on the market longer than it should be, and a seller will often have to reduce the listing price one or more times. Here are some tips about how to set
When the time comes to sell your Calgary home, there is more to selling than simply staging the home. Choosing the right buyer is just as important. A good buyer will help ensure the process of selling your house goes smoothly. Failure to select the right buyer could lead to home selling delays or even a canceled purchase contract. 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.
Know the Warning Signs
Home buyers tend to follow a pattern. Good home buyers send their paperwork promptly, ask for what is fair and not more, and work with a real estate professional. Uncooperative home buyers will display warning signs that
Many homeowners dream of selling their house for cash, because home buyers with mortgages add additional risk to the home buying process. If the mortgage does not fund at the end of the transaction, the home buyer must back out of the contract without purchasing the home. This doesn't happen when selling a home to someone paying cash.
However, there can be dangers when selling a home to someone who pays in cash. Understanding the risks can help you decide whether you want to accept an offer from a cash buyer.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Know the Risks
Typically, cash buyers are investors, not homeowners. Investors buy homes
Selling a home can be both an exciting and challanging time in a homeowners life. One item that will need to be dealt with by a Canadian home seller is the Seller Disclosre Form. There have been cases of issues discovered by unsuspecting Canadian home buyers after closing on a home. Sellers may not have disclosed or been aware of problems such as mould behind walls, foundation cracks and basement flooding.
Sellers should understand that they may want to share certain types of information when selling a home and buyers would do well to take time to review a seller's disclosure. Understand more about a seller's disclosure on the sale of property in Canada.
For informational purposes only. Always consult with a licensed real estate professional
Selling a home can be stressful, especially if the buyer is unprepared or has unrealistic expectations. Fortunately, you can often identify these buyers from a distance, if you know the signs. If you're a homeowner who will soon be selling your home, watch out for these buyer red flags.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Extra Contingencies
Contingencies are statements written into the home purchase contract that allow the buyer to cancel under certain circumstances. Some contingencies commonly appear in most home purchase contracts. The financing contingency allows the home buyer to cancel if their loan doesn't fund. This is a very
Recording devices designed to provide security for a homeowner are commonplace today. Whether they're used to make sure the nanny is giving adequate care to children or to ensure the security of the perimeter of the home, home sellers could also be recording every transaction that occurs when a buyer is touring the home. While it's natural for homeowners to want to know what a potential home buyer really thinks about their Northeast Calgary home, the information they glean from these recordings could also be used to their advantages during negotiations.
Innocent Banter Could Contain Valuable Information
It's normal for home buyers to talk among themselves regarding the features they find attractive as well as those that are questionable.
It can be difficult to sell unimproved land. There are generally fewer deductions that apply after a sale and it requires some measure of creativity to help prospective buyers envision the possibilities of a parcel of land. However, there are many who are interested in buying undeveloped land, much like buying a home. This audience may include those looking to live an off-grid lifestyle, others that want to use the land for recreational purposes or hunting, or that may want to use tracts for agriculture or other types of development. What should individuals know about selling land in Canada?
Offer a Crystal Clear Description
The land should be surveyed and provide the exact acreage and boundary locations. Access points would be worth noting
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