Calgary Real Estate Blog - April, 2021

App For Browsing Homes

Lets face it, more and more we're on the go and as life gets busy, utilizing mobile phones and technology simply provides balance and flexibility. In the old days, you found homes as they hit latest MLS® publications via the paper, or through your agent, but as technology progressed more and more home buyers and sellers flocked to online resources to find homes and the latest real estate information, it's the same reason you're hear reading this article! While computers and tablets were the go to for most home buyers, more and more consumers are now shopping online for homes via their mobile phones. Whether it's during your trip to the grocery store, or on a casual walk in the neighborhood, having instant access to the latest Calgary homes for sale is…

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How To Buy A House With Bad Credit

The idea of purchasing a home can sometimes be daunting. If you have bad credit, getting started with the process of buying a home can be an even tougher task to accomplish. 

If you have bad credit, getting started with the process of buying your first home can seem especially difficult. There are ways of buying a home, and getting the loan that you need, even if you have a poor credit score. Bad credit home loans have been established and are available for those that qualify for them. This means that your credit score may not be as big of an obstacle that you think it is for purchasing a home.

This article will go over how to get a mortgage with bad credit, what you need to know about your credit score, what you need to qualify for a home loan, and…

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What is a Real Property Report

A Real Property Report which can also be referred to as an RPR for short is a survey of a property. These surveys will reflect various elements and featuresof a property including the structures     (house, garage(s), fences, larger sheds, driveways,) as well as other elements including encroachments, easements, right of ways, etc. 

It is the sellers responsibility to provide an up to date report. 

All improvements on the real property report must be compliant with the city's bylaws and set back requirements, non compliant improvements must have a encroachment agreements or relaxations in place from the city. 

Real Property Reports shouldn't be used to establish a fence line on a property. If you need a boundary line for your fence…

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Buying vs Renting in Calgary: 2021

The rent vs buy conversation in Calgary is certainly not something "new" on the scene in 2021.  Clients ask on a regular basis if we think it's a good time to buy or if they should keep renting.  In the past 5 years in Calgary, we've seen reasonable vacancy rates and market rents have been affordable. Because of this, finding a great accommodation to rent hasn't been a difficult task in Calgary and lots of newcomers to the city have chosen to rent instead of buy.  But, the question to ask is, "What is the best for your long term financial goals?"

Renting a Home in Calgary

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What Is A Bully Offer? Real Estate Bully Offers Explained

With homes selling incredibly fast, and demand sustaining, the fast paced Calgary real estate market has proven once again how dynamic it can be and as more and more of the homes we list entering into multiple offer situations, buyer bidding wars, and sellers setting up (Bring your best) dates, it's important to stay up to date with current market trends and terms. 

Our blog covers bully offers or pre-emptive offers, current market trends, situations our sellers are seeing, and the various lengths we're seeing some buyers go to secure homes.

How Does A Bully Offer Work?

First things first, we unpack a bully offer and what this term means. As you may have guessed, a bully offer acts and works similar to how it sounds.

A bully offer is an…

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