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Dos And Don’ts Of Buying Rental Property In Alberta

Investing in real estate property and putting it out for rent is one of the many ways of earning income. A lot of planning and execution is required before renting a property in Alberta. Right from the initial choice to finalization of your purchase, you must keep a few things in mind. The geographic location of your land and accessibility to basic facilities such as markets and schools are important factors to consider before purchasing a rental property. Here are a few dos and don’ts of renting a property in Alberta:

Do’s

1. Do keep your budget and rental amount in mind

There are numerous costs incurred while buying rental property. The overall market value of the property keeps fluctuating as per demand and supply. Conduct an in-depth…

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4 Ways To Make The Most Of Your Basement

Is your basement space unused and you wish to utilize it to make the most of it? If yes, then you have landed at the right place. In this article, we have listed a few basement remodeling ideas, apart from a boring secondary living room, that can help you use your basement for the best-suited purpose.

1. Laundry Room

   

   If you aren’t sure where to keep your washing machines and laundry chargers, you can consider putting them in your basement. Your unused basement space can be an amazing laundry room with ample space for your electronics as well as your laundry tasks.

2. Home Theater

   Always wanted a home theater of your own but couldn’t have one due to space constraints? Don’t live without a home theater anymore. You can convert your…

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5005 31 Avenue, Edmonton, Alberta

I just finished uploading this Condo for sale, 5005 31 Avenue, Edmonton, Alberta

Beautifully renovated 3 Bed unit with large patio facing SE! Lots of natural light, 3 large bedrooms, 2 Full bathrooms and newer appliances. Master bedroom has a large walk-through closet and the ensuite bath has a jetted Jacuzzi tub! In suite landry is also included for your convenience. Large corner unit!

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4 Reasons You Must Renew Your Lease

Is your home lease due to end in the near future? If yes, you surely must be confused whether you should renew your home lease or not. To guide you through this confusing phase, we have listed a few reasons why you must renew your home lease.

1. Easier than New Home-Hunting

There is no question to this that renewing your home lease is a lot easier than searching for a new home and moving there. Finding a new house in Edmonton and moving into it is challenging, time-consuming, and you will have to undergo several processes. Whereas, for renewing the lease, in most cases, all you have to do is sign another lease.

2. Saves You Money

Moving to a new house is an expensive affair altogether. From security deposits and downpayments…

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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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