Home Buying Blogs – Okotoks

Home buying advice for Okotoks, Alberta residents by Justin Havre & Associates.

Found 14 blog entries about Home Buying Blogs – Okotoks.

Buying Land in CanadaThere are many reasons to buy land in Canada. Some are looking for acreage for a farm or ranching. Others need a parcel for residential or recreational purposes. Depending on the area, it may be important to review specific rules and bylaws that apply to a province or territory. However, it is possible to invest in land in Canada using a few important considerations. And buying land is not the same as buying a home.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Are You Interested in Rural Land?

Some may be looking for significant space to set up a homestead or to ranch. There are differences between buying land in a major city or in a large open

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How Green Technology Is Changing Home BuildingCanadians have been largely conscientious about their impact on the larger world around them, and it's really starting to show in both residential and commercial buildings. Standards for new construction homes and commercial buildings become ever more stringent, as legislators find new ways to regulate how construction companies carry out their designs. Find out more about how the green movement is starting to make its way into residential construction.

Efficient Heating and Cooling

There are two major forms of energy-efficient heating and cooling:

  • Solar panels: Solar panels have become far more efficient in recent years, allowing them to generate energy even in areas with heavy cloud coverage. They use solar cells to turn light photons
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How Credit Scores Relate to MortgagesBuying a home for the first time is typically the biggest expenditure in a person's life thus far. It's a huge commitment, and lenders want to be sure that borrowers are up to the task of paying off their loans. Credit scores and credit history are the way that banks can figure out which home buyers are likely to make good on mortgage payments and which are more of a risk. Cultivating a positive credit score is the way for a buyer to communicate that they are ready for the task of buying a home.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

How Credit Scores Affect Home Buying

A good credit score can make or break a person's ability to buy a home.

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What You Need to Know About Home InsuranceThere are plenty of misconceptions about home insurance in Canada, making it difficult to answer even some of the more simple questions about it. Because each homeowner is different, each policy will come with its own specific set of rules. For new home buyers who just want to do the right thing for themselves and their property, it's time to consider the facts of home insurance. Picking the right level of coverage starts with understanding the underlying principles.

For informational purposes only. Always consult with a financial advisor or insurance agent before proceeding with any real estate transaction.

Made for You

The policy and premium will depend on a few basic factors. Location, size of the home, and financial standing are all

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All About Closing CostsMany people who have never bought a home go into the home buying process knowing little about closing costs. Without a good grasp of what closing costs are and how much they cost, it's hard to prepare to buy a home. Closing costs are a big expense that many home buyers must budget for specifically. If you're thinking about buying a home in the coming year or two, here's what you need to know.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What Are Closing Costs

During the purchase of a home, home buyers interact with a variety of organizations and businesses, including government agencies, lawyers, real estate professionals, appraisers and insurance

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How To Avoid Hiring a Bad Real Estate AgentIt’s extremely important for individuals seeking to make a real estate transaction to hire the assistance of a real estate agent, regardless of if they’re buying a new home or selling their current one. But where do buyers and sellers start when finding the agent who is right for them? There are a lot of different real estate agents who can do the job, but they aren’t all created equally. When selecting an agent to hire, buyers and sellers should be on the look out for certain red flags that can identify an inexperienced or unhelpful agent. Here are those red flags.

For informational purposes only. Always consult with a licensed Downey real estate professional before proceeding with any real estate transaction.

The Agent Works Part Time

No

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Moving Timeline When Buying A HomeBuying a home is a time consuming process. Buyers who budget their time wisely and who plan in advance can have a less stressful experience when the time comes to buy a home.

One Year In Advance: Declutter

Clutter makes moving difficult and expensive. Getting rid of clutter before buying a house can making moving easier. De-cluttering takes a long time, so buyers who know they want to purchase a house in the coming year should start a year in advance. De-cluttering is best done throughout the course of a year, because it's easier to de-clutter when the process isn't rushed.

Six Months In Advance: Begin To Pack

Packing is another time consuming process, so it's smart to begin packing six months in advance of moving. This gives buyers the

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Buying In a Seller's MarketBuying a home in a seller's market can be hard for new home buyers. Fierce competition can make it harder to get a property, which can lead to wasted time and missed opportunities. Entering the market with finances in order and a good sense of focus can help. Home buyers who have little experience with buying a home can follow these tips to make the process easier and more productive.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Position Yourself Well

Before they can begin the process of buying a home, home buyers must get their finances in order. Buyers who have adequate resources and who appear financially stable on paper may stand out in the

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Mortgage Tips and Facts for a Second HomeA primary mortgage and a secondary mortgage in Canada have a number of distinct differences that home buyers need to understand before consulting with a lender. Because second homes are seen as luxury goods, lenders and government officials can make it more difficult for buyers to get the interest rates they want. To complicate matters further, mortgage options are determined by the type of home a buyer chooses to buy: Type A or Type B.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Understanding Type A and Type B Homes

Both Type A and Type B homes need to have running water and be occupied at some point out of the year by the buyer. However, Type A

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The Standard Clauses of Real Estate and How They Affect YouBuyers may hear the terms 'subject to clauses' thrown around a lot when searching for a home, but they may not know exactly how to use these conditions to their advantage. While it's impossible to foresee every situation, these stipulations are available to home buyers so they can get out of a contract if an unanticipated fiasco arises at the last minute. Buyers should learn more about how the main ones work, so they have every opportunity to safeguard themselves.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Financial Clauses

This clause essentially states that the buyer will need to obtain a satisfactory loan to move forward with the purchase. The

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