Home Buying Blogs – Okotoks

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

Found 20 blog entries about Home Buying Blogs – Okotoks.

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


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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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How to Downsize a Home Without the StressEfforts to live a more minimalist way of life have become popular amid a more consumer-conscious society. What better time to embrace personal decluttering efforts than when selling a home and downsizing for a move to a new home? Here are a few stress-busting downsizing tips to streamline the moving experience while making a commitment towards a simpler lifestyle.

Digitize Documents, Media and Photos

One typically does not realize just how many CDs, videos, pictures and documents are accumulated over the years until packing for an impending move. While keeping hard copies of vital records is necessary, many of these other space-takers can be digitized and preserved eternally. Digitizing personal documents and photographs and uploading them to

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What to Know About Buying a New Construction HomeAs housing demand rising in different areas of Canada, new construction homes continue to be of interest to potential homeowners. In fact, an estimated 25 per cent of Canadian homes bought every year are new construction. There are many benefits of new construction, including higher standards of construction and improved energy efficiency. What should homeowners who are interested in new construction know?

Know When You May Need to Pay More

Many people appreciate buying a move-in ready home customized to their needs. However, this may come at a higher price than buying an existing property. Those willing to lay out extra can get the custom molding, luxe finishes and extra touches they want before moving in. However a potential homeowner

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What Mortgage Borrowers Need to Know About LMIMost potential homeowners need to obtain a home mortgage loan to purchase a home. There are many fees that come with purchasing and owning a home but one that may surprise some in LMI. When it comes time to calculate those mortgage payment, do not forget the monthly payment going toward LMI. Those making small down payments often have to account for LMI.

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

What Is LMI?

Lenders mortgage insurance (LMI) and applying for home loans often go hand-in-hand. Many mortgage lenders require an applicant get this type of insurance when they want a mortgage loan. Payments are made out to the lender or trustee. How

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What You Need to Know About Home WarrantiesWhen it comes to filing a claim for faulty workmanship or improper appliance installation, a homeowner might be surprised at what their warranty does and doesn't cover after they've purchased a home. This is partially because no one takes the time to read every clause and partially because a warranty in Ontario will not necessarily be the same as a warranty in Quebec. Homeowners should have a general idea of the underlying principles though, so they can get the most out of their warranties.

How It Works

The home warranty process is all about proof and circumstance. So even if it's clear that a construction worker busted a pipe during their time on the job, homeowners need to check to see if this particular event is covered under the warranty.

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