Calgary Real Estate Buying Tips

Blog posts created to help clients purchase Calgary properties with confidence!

There are currently 13 blog entries related to this category.

THE ORCHARD // 2 Year Rental Guarantee Event!

Friday, October 16th, 2015 at 4:40pm. 801 Views, 0 Comments.

A two year GUARANTEE on rental rates? You betcha! Investors: feast your eyes on this opportunity. It's not too often you get offered a guarantee in life, let alone in the real estate world! This is your chance to pick up a unit [or two] in a high-end concrete tower well located in Calgary's east side Betline, Victoria Park area.

This is a ONE DAY sales event in which the developer will provide an addemdum to the purchase contracts, offering a guaranteed rental rate on a select number of available floor plans.

Saturday, October 24th commencing at 12pm.

To attend you will need to RSVP by clicking on this link and submitting your information in the form below.

The Orchard, by Lamb Developments, will be a stunningly unique project boasting an

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Could You Live in 500 SQFT?

Thursday, November 6th, 2014 at 5:40pm. 852 Views, 0 Comments.

Tough question! Most people would immeditely say 'no'. But, looking around the market, there are becoming more and more options around this size. Why? Well, as I address in a previous blog helping out condo dwellers with space issues, to gain entry into certain desirable areas, sometimes you gotta go small! But is small really all that bad? It forces you to purge more often, riding yourself of unused items. It creates a minimalistic lifestyle, one free of the 'stuff' we tend to collect over the years. It also demands smart and stylish design. Finally, it's easier on the wallet! Hey, I'm starting to see a lot of plusses here.  

So let's examine what 500 or even sub 500 sqft looks like these days, from some of the most popular, upcoming condo

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The DO NOT's of Buying Real Estate

Wednesday, January 8th, 2014 at 11:15pm. 601 Views, 0 Comments.

It seems we're always focused on the do's in life. And why wouldn't we? Positivity is king, and such a powerful tool in a healthy and flourishing lifestyle. But let's take a moment and focus on the do not's, as they can be just as important. Here are a few tips on what not to do, when purchasing real estate:

- Don't buy because it looks nice furnished. It might be set up in a way to wow you, but when it is vacant and empty on move-in day, will you still love it?

- Don't buy without researching the neighborhood or building. What's the history and reputation of the area? In due time, what is getting built next door?

- Don't buy thinking an auction/foreclosure is always a great deal. Typically a very risky play, fancy yourself a gambler?

-

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'Keep Calm and Buy Condos'

Friday, October 11th, 2013 at 1:50pm. 1,261 Views, 0 Comments.

Yes, we’ve all heard of the various ‘Keep Calm’ commercialization slogans over the past 10 years. And are we getting tired of them? Perhaps, but this is one mantra I used this summer during one of the busiest events in the world in hopes to gain some promotion and have a little fun at the same time. I’ll give you three guesses on what that busy Calgary event was, and two don’t count … Stampede, yes, of course!

Being in sales and devoted to creative marketing, I figured what better occasion to have some fun with it than the good ole Calgary Stampede? I mean, the tally at the gate to the grounds was over one million with a day to go during the 10 day city wide celebration. The motto was this: Keep Calm and Buy Condos, i.e. select a specialist such as

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EXCLUSIVE SALES EVENT at 6th And Tenth! Brand New Upcoming Condo Development in Beltline/Connaught

Monday, September 30th, 2013 at 10:15am. 2,096 Views, 0 Comments.

With construction set to commence soon, I'm very excited to announce a ONE DAY EXCLUSIVE SALES EVENT at the 6th And Tenth Condo Development.

RSVP HERE!

Saturday, October 19th from 12-5pm  //  633 10th Avenue SW

This is your chance to save up to $35,000 on a pre-construction, brand new condo! What else? We are offering an extended 6 month deposit schedule and a free storage locker as well. Talk about value!

The development is anticipated to be completed in the 4th quarter of 2015 and has already had a great response from inner city enthusiasts due it's sleek design, flawless floor plans, high end finishings and impeccable location. 6th And Tenth's address boasts a walk score of 95, describing it as a "walker's paradise".

One Bedroom

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Mortgage Free for One Year with 6th And Tenth! Brand New Upcoming Downtown Calgary Condo

Monday, June 3rd, 2013 at 11:30pm. 2,737 Views, 0 Comments.

If there's one way to get a buyer's attention it's putting 'mortgage' and 'free' together in the same sentence!

Construction is set to commence soon on 6th And Tenth, so developer Brad Lamb is offering another unique and exciting incentive to get Calgary inner city enthusiasts out and buying into his first project in the city. Lamb and his sales team are offering the next 20 buyers to LIVE MORTGAGE FREE FOR ONE YEAR! Of course with a deal like this there are always terms. The "No mortgage payments for one year" offer will be applied as a cash-back credit at final closing based on 75% of the purchase price with a mortgage rate of 2.6% amortized over 25 years. So it looks like you must have a decent downpayment ready to qualify, which is always a

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7 Space Saving Tips for a Small Condo

Friday, May 10th, 2013 at 2:15pm. 8,733 Views, 0 Comments.

Condos in Calgary are getting more functional, fashionable and modern. People’s lives are becoming more minimalistic. However, construction costs and price of homes tend to rise with time. So what does this mean? Small, boutique style condos are becoming popular due to their affordability.

Upcoming Calgary condo developments seem to be introducing smaller floor plans to appeal to individuals looking to enter the market sooner. Here are a few examples of condo designers making the most of out of a small situation:

STEPS [Bridgeland] units start at 344 sqft [nope, not a misprint]

Drake [Connaught] units start at 398 sqft

6th And Tenth [Connaught] units start at 449 sqft

Mark on 10th [Connaught] units start at 452 sqft

To answer your

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10th Avenue SW, Calgary’s Next Big Thing?

Wednesday, April 24th, 2013 at 2:35pm. 5,100 Views, 0 Comments.

Calgary Urban Dwellers are always about the hot spots, whether it’s a new condo development, bar/lounge, restaurant or coffee shop. The idea of new and fresh gets people out and about, especially if it involves revitalizing an area of the city. 10th Avenue may be the next sector to flourish, or should at least be one to keep your eyes on. Let me tell you why I think this region could amass big things in Calgary’s downtown lifestyle:

Restaurants / bars / lounges

 

Craft Beer Market opened its doors in August of 2011 and has been a busy, upbeat location ever since. Craft is a premium casual restaurant with fresh local food made in house, classic music and Canada's largest selection of draft beer - over 100 different options on tap! Located at

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Red Flags for Buying a Condo

Friday, March 29th, 2013 at 4:10pm. 3,064 Views, 1 Comments.

Condominium ownership is a very new alternative to traditional property ownership. The ability for a group of people to each own their own units, but share common expenses, and still live in harmony, has created some huge benefits for buyers. However, if you didn’t know at least some of the benefits, then you likely wouldn’t be considering purchasing a condo in the first place, so we will put the discussion of benefits aside for now…

The items that most of our clients want to know about are the red flags. What items should you look a little more into before purchasing a condo in a particular building, complex or development? What things may be the warning signs of existing, past or future problems?

PLEASE NOTE: These items are only red flags.

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Purchasing a Foreclosure / Bank Owned Property

Monday, March 11th, 2013 at 2:30pm. 1,007 Views, 0 Comments.

Foreclosure, typically a word that makes real estate investors salivate. But wait a second, are they always a smokin’ hot deal like most assume? Yes and no, so let’s look into a couple scenarios. I have represented buyers in both bank owned sales and also Court of Queen’s Bench sales, is there a difference? Definitely.

In regards to bank owned sales you can sometimes have conditions, allowing you the buyer, time to check out things you would naturally do in regular transaction [approval of financing, home inspection, document review, etc]. You’re also allowed to propose an ideal possession/move-in date, which undoubtedly helps with timing, plans to move, current leases, etc. There usually is a schedule or two which needs to be initialed and

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