Avoid Mortgage Fraud in Calgary
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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Buying Home in Winter

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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Winter-proof Your Home

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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Home Inspection Tips

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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Home Buyers in Your Area

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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Avoid Mortgage Fraud 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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Have you ever considered renting out a room to a student or renovating your basement into a self-contained rental apartment? 

It’s a big decision. There are many pros and cons to consider. 

On the pro side, renting can provide you with additional income. An extra few hundred dollars a month can go a long way towards paying down your mortgage or splurging on an exotic summer vacation. 

Creating rentable living space in your home — for example, an “in-law suite” featuring a kitchenette and bathroom — may also increase your property’s market value. 

On the con side, you’ll have more costs and responsibilities as a landlord. For example, you might need to purchase extra insurance because basic home insurance policies typically do not cover rental…

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