Home Not Selling? Here Are 6 Reasons Why Featured Image

Has your Edmonton home been on the market for weeks or even months with little to no buyer interest? Worse yet, have you invested time and money into the sale of your home with nothing to show for it but an expired listing?

We’re here to help.

Here are the top six reasons why your home may not be selling.

1. You’re Asking Too Much

We understand you love your home. You’ve no doubt put an immeasurable amount of time, love, money and maintenance into the property, which has, in turn, delivered countless great memories.

For these reasons, it's not uncommon to see a disconnect between what a home seller thinks their home is worth and what it’s actually worth according to Edmonton market conditions. Simply put, market conditions reflect what…

675 Views, 0 Comments

Buying a Home: 14 Hidden Costs to Prepare For Featured Image 

When it comes to buying your first or next Edmonton home, don’t let these additional expenses catch you off guard. Here are 14 hidden costs to prepare for on your new home purchase:

1. Mortgage Penalties

Unless you plan on porting your mortgage or blending and extending, you’ll likely need to break your mortgage contract. As a result, you may need to pay a prepayment penalty, which will vary according to your contract terms. Be sure to consult your current lender in advance.

Free Mortgage Penalty Calculator

2. Mortgage Loan Insurance

Any down payment on a home in Canada less than 20% will require mandatory mortgage loan insurance. While you will need a minimum down payment of at least 5%, keep in mind, the more you put down, the more…

712 Views, 0 Comments