Edmonton Real Estate Statistics for June 2020
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Edmonton Real Estate Statistics for June 2020 | Maxwell Devonshire Realty
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The Mortgage Process
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The Mortgage Process
Purchasing a home is a lengthy process, which includes find your dream home. Needless to say, a house is a big deal, and you want to make sure you choose wisely. Below are few tips to get you on your way to home ownership.
Pre-qualify for a mortgage: It’s a good idea to understand what type of house you will be able to afford according to your income and your debt. Pre-qualifying for a mortgage will give you an advantage in the event you find a home that you love.
Find a property: Become knowledgeable about how homes cost in certain areas that you are interested in. It will give you a better understanding of what is out there and what you can afford.
Paperwork: Once you find a property, a real estate agent will draw up a…
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|| Summer Maintenance Tips ||
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Now that summer's here, you'll want to prepare your home and yard for the summer heat. Here are a few ideas to get you started!
Inspect air-conditioners. If you haven't already, prep air conditioners and fans for their busiest season
Clean your outdoor cooker. Give your grill a deep cleaning
Polish your porch. Thoroughly sweep porch floors; then mop them with an all-purpose cleaner
Wash your windows. If you didn't tackle exterior window washing in the spring, now's the time to get your glass clean.
Plan your watering schedule. Train your garden to endure dry days by watering deeply a couple times a week, instead of watering lightly daily.
Got any other good tips? Reach out, let me know, and I'll make sure to add them to the list!
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Curb Appeal
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Curb Appeal
Sometimes it only takes a few simple changes to dress up the exterior of a house add some curb appeal. Below are a few tips to perk up your home.
Paint the front door: Painting the front door a bold colour, like red, black, purple, or green, can add a boost to your home and make it stand out.
New lighting and hardware: Adding a new outside light, some solar lights, new railings, hardware for the doors, or replacing an old storm door can easily update the look of your home.
Repaint: Painting the trim, the stucco, or the siding can give a home the boost that it needs, and do so inexpensively.
Landscaping: By adding new shrubs, bushes, rocks, plants, or trees, the exterior can take on a fresh new look. Adding a new walk way by…
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The 3 Most Important thing to consider When Buying a Home
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They say the three most important considerations when buying real estate is location, location, location. But what does that mean? How do you break that down? I mean, it sounds cool but how does anyone apply it in a useful way to navigate the biggest purchase of their life? Recently I took the time to break it down and map it out in a useful way to the average buyer. I drew on the years of experience I had helping people buy homes in the new home industry where, as a sales professional I had little control over the physical location. I was in one community sometimes having inventory on only one street. I also spoke with people in my own circle about how they found their perfect home. What mattered to them and how did that fit the paradigm of…
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Tips for Saving for your New Home
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Buying a new home takes some planning and some strategic saving; but, with a little forethought coupled with action, you can make home buying a reality.
Be aware that you will need at least a 20% down payment of the purchase price of the house to avoid having to use Canadian Mortgage and Housing Corporation (CMHC) for default insurance. However, using default insurance through CMHC allows you to place a down payment of only 5% of the purchase price of the home. Keep in mind that you will pay more on your mortgage by obtaining default insurance. Below are some tips to help you save money for a down payment on a house:
Take a look at your monthly expenses. Determine what you can realistically afford to put away per month. Once you have determined…
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How to Get Front-of-the-Line Access to Desirable Homes for Sale
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As you've probably noticed, credit card companies regularly offer bonuses to get you to apply for their cards. For example, one such card company offers opportunities to buy tickets to concerts and other events ahead of everyone else. It's their "front of the line" service.
When you’re searching for a new home, wouldn't it be great if you could get to the front of the line on desirable properties – before other buyers get the chance?
Well, in a way, you can.
The first thing you need to do is create a profile for the specific type of home you're looking to buy. That profile will need to include the basics, such as type of home (e.g. detached), size and rooms (e.g. 2000-2,500 sq. ft., 3 bedrooms, 2 baths), and your target…
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