February, 2017 RSS Icon
Found 2 entries for February, 2017.

What are my options?

Buying a Home in Calgary, Alberta without a minimum of 20% down payment, requires a CMHC (Canadian Mortgage and Housing Corporation) mortgage. This holds true anywhere in Canada.

There are certain rules when dealing with the down payment. Our Federal Government has developed a program for Canadians to own homes without going to a conventional mortgage. A conventional mortgage requires a minimum of 20% down. That 20% gives the lender confidence because real estate shouldn’t go down 20% so the security on the loan is pretty safe.

High-Ratio Mortgages

The CMHC mortgage or government insured mortgage (high ratio mortgage) allows Canadians to put down up to 20 percent. You can go as low as 5% down through a CMHC insured

814 Views, 0 Comments
Read Full Post

5 Reasons to Sell Before the Selling Season Picks Up

A common thought in real estate is never list your home in the winter offseason. Perpetuated by industry experts, agents and repeat sellers alike, this saying encourages many would-be sellers to wait until the spring peak to list their homes. However, studies show that homes listed in the winter offseason not only sell faster than those in the spring, but sellers also net more above their asking price at this time.1 Don’t wait until spring to sell. If you’ve been thinking of selling your home, here are five compelling reasons to list now.

1.    Take advantage of low inventory. Since most sellers are waiting until spring to list, local inventory falls during the offseason. However, there are

38 Views, 0 Comments
Read Full Post
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.