Know What to Look for in a Home Insurance Plan

There are many great Calgary area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties so you know what buyers will pay for your home in today's market. You may also call me at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions.

Insurance made Easy

 

Today I would like to spell out the differences between insurance for a residential home and for a condominium. I'll also be speaking about the changes that are occurring with insurance here in Calgary.

There are two aspects to condominium insurance. One is the building insurance, where the condominium corporation is responsible for the structure. The other is individual insurance for each unit in the condominium, which the individuals living their have to pay.

With premiums increasing by 15-20% you need to know what is being covered in your building insurance and have someone on your team that is acutely aware of what needs to be covered with your condo insurance.

Now, with residential home insurance you might expect some increases on your premium because of the natural disasters that have occurred here in Calgary recently. What has also happened is that companies have actually eliminated certain kinds of coverage, so when you need to make a claim and aren't covered, it can be a major burden.

If you would like to discuss insurance for condominiums or for your residential home in Calgary, please don't hesitate to contact me.

How to Get the Maximum Sale Price for Your Calgary Home

Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions. 

How to Get the Maximum Sale Price for Your Calgary Home

 

A lot of my clients here in Calgary are asking me how to sell their homes in our current market. I have three different strategies that you can use to get top dollar on your property.

1. Prepare your home: You will need to stage and declutter your home. Consider how your property will appear to online buyers as well as how it will look in real-life showings. You may want to hire a professional cleaning service and/or a professional stager. Also, be sure not to forget about the exterior of your property because curb appeal is important.
2. Working with a Professional: You need a real estate agent that has intimate knowledge of the Calgary market and knows how to recognize competition to your home. A real estate professional will allow your home to be marketed to the largest amount of people and will help you to sell at the highest price possible.
3. Negotiate: A professional real estate agent knows how to communicate and negotiate with a buyer in order to get you the best terms and also the best sale price. I have years of experience in negotiating real estate deals and am confident that I can land you the best deal possible.

Statistically, inventory is down by 17% in Calgary and unit sales are up by 10% year over year. When you hire me to sell your home, I will sit down with you and go over what is happening in your local neighborhood. This will help to position your home to sell for top dollar.

Please contact me with any questions you may have about this information or about the Calgary real estate market in general.

3 Conditions to Follow in Order to get the Best Price on a Home

Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions. 

How can I Get the Best Price on a Property?

 

I have three criteria for you to get the best price on a home if you're looking to purchase in Calgary anytime soon.

1. Pay Cash: Sellers always prefer a cash offer rather than getting tied up with a lender and financing.
2. Have No Conditions on the Purchase: Sellers want to get their property sold quickly.
3. Fit the Closing Date to the Seller's Requirements: This is pretty self explanatory - do your best to please the seller.

There are some other things I would recommend other than these three criteria. For example, you should always be pre-approved because sellers will likely not even consider your offer if you have not been approved.

Also, if you're going to put conditions on the home, make sure they are in regards to the structure or engineering of the home, not the cosmetics of the property. Sellers don't like to get tied up - they want to sell their property as quickly as possible. Don't hassle them over little things that will irritate them and possibly ruin the deal for you.

Lastly, you need to let the seller decide the closing date. If you desperately need the home, then always try to please the seller and make the transaction as easy as possible for them.

Hopefully this information has been helpful to you. I expect a strong market here in Calgary for this spring and summer, so if you have any questions, comments or concerns that you would like addressed, then please give me a call or email me. I would be more than happy to sit down and discuss any and all of your real estate needs.