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Tight market restricts growth for resale

http://www.househunting.ca/calgary/real-estate/Tight+market+restricts+growth+resale/9591425/story.html Resale activity of single-family homes in Calgary last month climbed two per cent over the same time a year earlier, the Calgary Real Estate Board says. Last month, 1,230 homes changed hands, up from 1,207 in February 2013. “Demand growth in the single-family sector has been restricted by the availability of product,” CREB chief […]

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Residential Market Update!

“At this time every year the perennial question arises, pay down the mortgage or top up the RRSP? Traditionally the answer has been, top up the retirement savings and use the tax refund to make an extra mortgage payment. It is not bad advice but there are those who say, “mortgage first”. They argue that […]

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Why should you use a mortgage professional?

You have two options for obtaining mortgages in Canada: from banks or mortgage professionals. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access […]

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How to Help Your Home Sell Quicker

If you’ve made the decision to sell your home, or perhaps you’ve had it listed for a while and it’s not moving, there are some things you can do that will help to increase your chances of a sale. You should firstly consult the help of a professional REALTOR to get your home priced and […]

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Would you be able to handle a hike in interest rates?

The experts and media are all abuzz over the very real possibility that interest rate increases are on the horizon. The real question homeowners (and prospective homeowners) need to ask themselves, is whether or not they can really handle an increase. “First-time buyers should stress-test their mortgage to ensure they are well financially prepared for […]

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Examining Revenue Property Options In Calgary and Canada

Given the current national credit-crunched lending environment and the slowing real estate market – which has shifted to a buyers’ market – coupled with lower interest rates, now is an ideal time to invest in the purchase of revenue property. Investment in revenue property is a good idea in Calgary, Edmonton, or elsewhere in Canada […]

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Budgeting Towards Homeownership in Calgary

Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. It can also be a stressful experience if you don’t plan ahead by building a budget and saving prior to embarking upon homeownership.   Budgeting is a core ingredient that helps alleviate the stress associated with money issues that […]

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Financing for Vacation Properties

Whether you’ve dreamed of owning a waterfront retreat or a country getaway, working with a mortgage professional on vacation property investments, can help those dreams become a reality sooner. By working with a professional well-versed in this niche market, you’ll be able to better understand the financing steps in acquiring a second home. There are […]

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10 Questions Mortgage Borrowers Should Ask, But Often Don’t

1. If I have mortgage default insurance do I also need mortgage life insurance? Yes. Mortgage life insurance is a life insurance policy on a homeowner, which will allow your family or dependents to pay off the mortgage on the home should something tragic happen to you. Mortgage default insurance is something lenders require you […]

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Key People Involved in the Home Buying Process

So you’re thinking of buying a home in Calgary, whether it’s your first or not, do you really understand who the people are involved in the process? During the period of time from decision-making to moving day, you will deal with several different professionals, and it’s important to understand who each is and what they […]

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Dominion Lending Centres Westcor 114 1212 1st ST. SE, Calgary, Alberta. Phone: 403-228-7800. .