Q & A

The most frequently asked questions

When is the best time of year to buy or sell a house?

Usually spring is the most active time for real estate transactions in Calgary. A lot depends however on interest rates and the general economy. When you are buying a property, having a lot of listings to choose from works in your best interest. On the other hand, if you are selling your property, it may work to your advantage to list when the number of listings is low. No matter what, the best time of year to buy or sell real estate is when the timing fits into your plans.

How do I know how much mortgage a bank will let me have?

When you are serious about wanting to purchase a home it is a good idea to sit down with a REALTOR® and a mortgage broker to work out how much you can afford and how much the lender will lend to you. You will need to have your income verification with you and be prepared to tell your REALTORS® (us) what your expectations are.

What are the other costs involved in buying a home?

You will need to plan for legal fees, appraisal fees, home inspection and /or condo document inspection fees. You will also need to have a contingency fund for such things as tax adjustment and utility deposits. We will go over with you, before we even go out to look at property, a complete list of your costs so that there will be no closing surprises.

How much deposit is required when you buy a house in Calgary?

There is no set amount. Commonly a percentage of the purchase price is used but each transaction is different and often other factors come to bear such as possession date and conditions.

How much commission do you charge to sell my house?

That is another thing that isn't set in stone. There are many factors involved in selling your home and commission is just one of them.

What is your phone number so I can set an appointment?

403 278 4105