A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

When it comes to buying your first home, a big part of that decision should be based on what your current financial position is and the impact a home loan will have on your finances and lifestyle.

 

For many first-time homebuyers, saving what is required for a down payment can seem overwhelming. However, sometimes saving for a down payment is as simple as managing your budget differently.

Start with a goal

One of the best ways to save is to have a goal. It will keep you motivated and give you something to work towards. For example, you may choose to save a 10% deposit plus expenses for your first home (the minimum required is 5%). But the more you can save, the better off you’ll be. Find out how much you need to put aside in order to reach your savings goal.

Create a budget

Write down how much money you bring home each month; write down the payment amounts for each of your monthly bills; subtract your expenses from your income to determine how much extra money you have each month....
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If you have had your home on the market for several months and haven’t seen much activity or any offers, chances are that one or more of the reasons below are to blame:

Your Price is Too High

No doubt about it, the most common reason for a home not selling is that the asking price has been set too high. The reasons for setting your price too high to begin with are many. Ranging from over enthusiastic listing agents, to unrealistic seller expectations, to a falling market. Regardless of the reason though, if your home is priced too high, you’ve set yourself up for a number of obstacles to actually selling your home. Even if you do get an offer for the overly high asking price, the deal may fall apart before closing because the buyer may have problems getting financing at too high a price. Look at other homes for sale, ones as similar and as close to yours as possible in location, style, features and even lot size and site influences. If they're going for less than you are asking,...
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We have sold a property at 203 Royal Ridge MOUNT NW in Calgary.
Outstanding executive home in ROYAL OAK ESTATES!! This gorgeous home boasts 4 bedrooms on the upper floor plus a den. The large master bedroom has a spa like en suite. Rooms for the entire family upstairs and the totally private fifth bedroom/office (with walk in closet) in the basement is a very versatile guest suite or teenagers room. This home has a media room, perfect for movie night, and rec room perfect for the family. The basement development also includes a luxurious 4 pc bathroom for you and your guests! The landscaped yard calls out for you to enjoy warm summer evenings. This house is situated in the Estates of Royal Oak, and steps to a children's playground and park. Nothing left to do but enjoy!!
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