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High River, Okotoks
Black Diamond, Turner Valley
Foothills County & Calgary Area
Southern Alberta, AB
Cell: 403-710-1935 Email Donna

What you need to know before you buy a home!


Information for Buyers In Alberta

All the latest technology to make finding your new home easy!

Searching App - I will supply you with a free app CLICK HERE for iPhone or Android, which will provide an easy to navigate map for you to view homes while driving around neighbourhoods.

Now let's find you the perfect home!!!

Sign up for Sold Price watch in your community  

 

Buying property means you’ll be making a number of important decisions. My expertise in local areas and fast-changing market conditions are important, as well as making certain you'll understand each and every step of this complex process. I will also supply you an app for iPhone or Android to allow you to pull up listings as you drive around neighbourhoods.

 

Do you use a Bank or Mortgage Broker what's the difference?

Mortgage Broker:
Represents you, the customer, not the lender. This is important to understand because they are not employees of any particular lending institution, hence they can shop around and present you more than one choice.

They are not limited in the products they can offer you nor the location of the lenders, they know of lenders you wouldn't even think of, including location-specific lenders, such as credit unions and private lenders, who have niche lending areas and products.

'Choice' for you means they can seek out the best lender package to suit your specific situation, whether it's with a chartered bank, trust company, an insurance company or from private lenders and it is their job to know where the best mortgage rates in Canada can be found.


Contrast this to a visit to your own bank:
They work for the Bank and not you!
You have to do the shopping around for different rates (go to different banks etc.) which can be time-consuming
Their rates often aren’t as good as mortgage broker rates
If your credit score isn’t up to snuff, they might not take you on


Caution:
The lowest rate is not always the best option, ask about hidden fees, payout penalties and limitations to how much you can put on the mortgage each year.

Once you have pre-approval from your lender
You will know the price of a home you can afford and how much the payment will be monthly.


Deposit:
A deposit is put down as a show of good faith, at the time of the offer. The amount will be determined by the price point your purchasing in.  This will be given to the Selling Brokerage to cash and hold in a trust account, totally refundable until you waive on any offer. Then forward the deposit to your lawyer to be part of the money for the purchase.

Now let's find you the perfect home!!!