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by Jeremy
CMHC (Canada Mortgage and Housing Corporation) continues to provide mortgage insurance to Albertans, but what’s changed if you live and/or lived in a flood-affected area? CMHC has released a statement that clears up some of these questions, but here’s the basics you need to know: Applications for properties affected by floods will be considered, provided information is disclosed about any damages, and the lender confirms that remedial action has been taken to address flood-related issues. No new policies have been introduced by CMHC for underwriting mortgage applications for flood areas. Now let’s get the next part right from their own words so you know exactly…
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Posted by Jeremy
Making the transition from renter to homeowner is a big decision, and while it can sometimes be a…
Posted by Jeremy
You may have seen the new REALTOR® television campaign, which pushes the point ‘why do we think if…
Posted by Jeremy
With rate changes, economic factors south of the border and natural disasters boosting home sales in Calgary, 2013…
Posted by Jeremy
Many factors in the housing market are contributing to another slight drop in average house prices in Calgary,…
Posted by Jeremy
Calgary (and most of Canada) is sitting in buyers’ marketing conditions. What does that mean? It means that…
Posted by Jeremy
There’s uncertainty in the economy right now, yes. But, there really isn’t uncertainty if you’re a homebuyer right…
Posted by Jeremy
On February 15th, the new minimum down payment comes into effect for homes $500,000 or more, making it…
Posted by Jeremy
At last week’s CREB Forecast, a look forward at Calgary’s real estate market was unveiled, and between all…
Posted by Jeremy
Today CREB (Calgary Real Estate Board) held their annual forecast of the real estate market in Calgary. If…
Posted by Jeremy
AA new home for Christmas? It’s good news for home buyers this week, as CREB is reporting Calgary’s…
Posted by Jeremy
CMHC released their annual First-Time Homebuyers Survey today, outlining the buying patterns and profiles of first-time homebuyers in…
Posted by Jeremy
Monday’s federal election in Canada was a historic one, with a very high voter turnout and a change—a…
