Should I Buy a Condo?
Posted by REPYYC ® on
Are you considering a real estate investment in Calgary? Before you purchase a condo, it’s crucial to explore the liabilities that come with your purchase and why they may not align with your investment goals.
Buying a condo in Calgary may seem like a lucrative investment, but weighing the associated liabilities and recognizing your potential risk is important.
Whether you’re contemplating a move into an apartment or considering it as an investment property, assessing how these liabilities could result in increased long-term costs is important.
Investing in Calgary apartments poses challenges due to poor construction, financial planning, and special assessment that could lead to potential losses and higher maintenance costs in the…
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required down payments and higher monthly payments after closing. New builds are becoming a more viable option for young Canadians looking to purchase their first home. Purchasing a new build may allow clients to avoid competing offer situations, and it allows them to take advantage of the maximum shared equity loan available via the Government of Canada's First Time Home Buyer Program.
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Whether you're a seasoned buyer or a first-time seller, these stats are a must-read for anyone interested in the Calgary real estate scene.
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debate over whether this ban was necessary or beneficial to Canadians. This ban does apply to property purchased in Calgary.
wonderland is by skating on one of the many outdoor rinks. There's nothing quite like lacing up your skates and taking a spin under the stars.