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How to Respond to a Low-ball Home Offer

When you put your house for sale in the Calgary real estate market, receiving a low-ball home offer is disappointing. While you may have a certain price in mind for your home, potential home buyers tend to quote their price in the process of negotiation. A low-ball home offer is typically a price quoted way below the price quoted by the seller. Whether you like it or not, you have to reply to a low-ball home offer. Here are a few tips to help deal with a low-ball home offer.

Keep Calm

The first reaction to a low-ball home offer is anger and disappointment. Having spent so much for your house and putting it up for sale in the best condition, you might expect the best offers and buyers to agree to the price set by you. However, a low-ball home offer…

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13441 127 Street, Edmonton, Alberta

I just finished uploading this Condo for sale, 13441 127 Street, Edmonton, Alberta

55+. This beautiful self contained unit is has a unique open concept layout with a large kitchen overlooking the living room and a massive south facing patio! Master bedroom is also south facing with a huge amount of closet space as well as floor space. Ensuite laundry, dining area and a large bathroom are just some of the features of this unit. This building has multiple rec rooms for guests and visitors, a convenience store attached, exercise area, a huge courtyard and more. This building makes life easier with a registered nurse on-site as well as doctors that visit regularly. They have hair dressers, nail technicians an estheticians that regularly visit on-site as…

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Different Mortgage Frauds You Should Be Aware Of

The biggest risk when buying or selling a house in Calgary is the risk of getting cheated. It’s shocking how people victim of mortgage frauds with such ease that the buyer or the lender is not aware until the time they are cheated. You might feel that catching a mortgage fraud is difficult. However, if you are aware of the common types of mortgage frauds, nobody can cheat you. To avoid mortgage fraud in Calgary, here are a few common types mortgage frauds you should be aware of.

For Lender

False Income Fraud

You might be aware that to qualify for a mortgage, there are certain conditions. One such condition is having a steady income as it ensures timely payment of the installments. Often when people are presenting their income statements to the…

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Four Reasons Why Buying A Home In Winter Is Beneficial

People often want to know the best time to buy a home in Calgary. Real estate experts suggest that winter is the best time to invest in a new house. Are you wondering why winter is better than any other season? Here are the reasons why buying home in winter can be the best option for you.

• Fewer Buyers in Winter

People often don’t prefer buying homes in winter due to shorter and colder days. Some people don’t want to compromise with their Christmas holidays too. However, you can take this opportunity and get a leg up on the competition. When there are fewer buyers in the market, the competition is less too. Winter is an opportunity for you to demand a better price because there aren’t many buyers in the market.

• More Negotiating…

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Prepare Your Home For Winter

Winter season is almost here and it’s time to ensure that your home is ready for all that snow. Preparing your home for winter is a must. Otherwise, you will find the cold climate from outside crawling into your warm home.  Here are the best tips for you to winter-proof your home this winter.

Replace Damaged Roofing Components

Prevent heat from escaping from your house and stop snow from entering your home by repairing your roof and roofing. Take a look at your roof and the shingle. Climb up on your roof and check for cracked, broken, or missing shingles and depleting caulking around chimney and skylight. Replace the shingles and add new caulking. Also, seal the cracks and holes in your roof to winterize your roof.

Get Your Heating System…

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A Complete Home Inspection Guide before Buying a Home in Calgary

After a tedious search for a perfect home, you have finally found the one. The location is good, the price is perfect and the house is beautiful. The initial visit to the house is generally when the owner is aware of your visit and the house is ready to be presented. What you may not notice during such visits are the defects in the house. It is advisable to conduct a home inspection before you finalize the deal to avoid unseen losses. To avoid settling for less, here are a few home inspection tips:

Get Your Own Home Inspector

A thorough inspection of a home is not something a lay person can do. You need the expertise to understand and identify the underlying problems. To you, the house may seem perfectly alright but a home inspector would be able…

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4 Ways to Attract Potential Home Buyers in Edmonton

You have decided to put up your house for sale and you need to attract buyers. Do you know how to find home buyers in your area? The real estate market can be a tricky place, especially for a person who is selling or buying a house for the first time. To get the best deal on your house, it is necessary to get as many offers as possible, to choose from. Consider these tips to attract more potential home buyers.

Spread the Word

In order to attract a high number of potential home buyers, you need to advertise on a large scale that your house is on sale. Advertising does not mean you have to spend a lot. You could opt for online advertising using social media. Basic pamphlets and a small print-ad would not cost you much, either. You should also put up…

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Steps For Buying A House In Calgary

Buying a house in Calgary is a stressful yet fulfilling task. The joy of finally acquiring the keys to the new house is incomparable. Add to that, the feeling of owning your very own house in Calgary is amazing. To experience this, you need to make right decisions and go through various procedures to own a new house. To make right decisions and have a stress-free home buying experience, follow these steps.

Decide a Budget

Before you even decide on buying a house, you need to figure out how much of it you can afford. For this, you need to analyze your savings and decide how much mortgage needs to be taken. A good way to expedite your home buying process would be to get your credit score checked and get it prequalified and preapproved for your…

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2017 Sales

2017 is almost in the books and another year is upon us. The Edmonton Real Estate board has just released their November Sales Data and there is definitely valuable information in the there for anyone investing, getting in the market for the first time, or even sellers looking to sell their home. 

2017 Story Line. Prices Flat, minimal % up / down in certain property types depending on where you are in the city. ( Some outliers ) 

This is exactly why you need to be hyper-focused in an area and know the analysis of historical & current data. 

Largest increases in value across Edmonton:

CITY OF EDMONTON Single Family Homes $403,000 median 2017 price. Down from 2015 median price of $405,000

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14624 52 Street, Edmonton, Alberta

I just finished uploading this Townhouse for sale, 14624 52 Street, Edmonton, Alberta

Newly Renovated 3 bed townhouse with single attached garage close to schools and shopping. This property has been very well taken care of with laminate throughout the main floor and carpet upstairs. Kitchen has been updated with newer countertops, and backsplash. Large bedrooms on upper floor and an equally large bathroom! This property is move in ready and is an amazing value for what you actually get. The back yard is professionally landscaped and has a new low maintenance vinyl fence.

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