Should You Sell Your Rental Property Now?

Should You Sell Your Rental Property Now?

Five years ago, many people invested and purchased real estate. Due to the sudden market slowdown, they could not sell it for a price that was worth it for them at that time. So they ended up keeping their property as a rental.

The real estate industry in Calgary is in a different place right now. There has been upward pressure on prices because of the rise of demand in the market.

Reach Out to an Agent

If you have a rental property right now and you are thinking if this is the best time to sell, don’t make a rash decision! Reach out to an agent in our team to help you study the market specific to your type of home to see its current value. Pricing your home the right way is key to sell your house…

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What to Do While Waiting For Possession Day

What to Do While Waiting For Possession Day

Is your home sold, and you are waiting for the possession day?

If you are nodding your head yes, then keep on reading! Here’s a list of the four things you need to make sure you do before possession of the home that you just sold.

Schedule to Meet Your Lawyer

It is important to schedule a time to meet with your lawyer before the possession day. As a seller, you need to sign the title transfer document and a few other legal documents. But if you are the buyer, you have a lot more paperwork for the lawyer. It is best to schedule a time to sign the papers early on.

If you are buying and selling at the same time, you can schedule one meeting to sign everything at once! Go to the lawyer when all of…

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Calgary's Hot Real Estate Market - How did we get here?

Calgary's Hot Real Estate Market - How did we get here?

The real estate industry has gone crazy over the last few months as the market turns red hot! We haven't seen this type of economy or anything like it in the past, so you may be wondering, how in the world did we get here? This is a really interesting question that a lot of our agents here at Chamberlain Real Estate Group are getting nowadays.

Being in Two Worlds at Once

At present, there are two types of worlds that people live in: the physical world and the digital world. In the physical world, everybody needs to wear a mask and social distance, and some are even locked down for safety precautions. Then, there’s the digital world which is not affected by the COVID-19 virus.

This…

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How to Handle a Conditional Offer on My House

How to Handle a Conditional Offer on My House

Getting a conditional offer for your house is exhilarating as it can inch you closer to moving up to your new home! But before you get too caught up with emotions, you need to work through all the conditions to make a firm sale.

Here are four major conditions that you might encounter and how you can prepare for them.

Financing Condition

As a seller, there is not much for you to do during a financing condition. It is up to the buyer, their mortgage company, and the lender to work through the financing and make things happen.

However, if your house went for a price way higher than most comparables in your area, you can help the buyer with the appraisal. For example, the average selling price…

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Got an Offer on Your House...Now What?

Got an Offer on Your House...Now What?

Naturally, you will do a ton of work to prepare your home for showings to make buyers fall in love with it. But do you know the things you need to do when it finally pays off and you receive an offer?

Here are five things that you need to think through to seize the best deal for your home!

How To Know If It Is A Good Offer?

It all comes down to expectations. What are your expectations of that offer?

The first thing that you need to do is know your numbers. Talk to your mortgage broker, know your numbers well and create a strategy. Ask about your mortgage status and if there is anything else that you need to pay. Ask how much equity you need to purchase your next house.

The next step is to lean…

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First Time Home Seller - 5 Ideas You Must Think About

First Time Home Seller - 5 Ideas You Must Think About

Buying your first home is exhilarating and fun but selling that home can bring so many mixed emotions! So, here are five ideas that you need to think about before you finalize your decision.

Meet Multiple Agents

Most first-time sellers think that the best way to sell their home is to go back to the agent who helped them buy their house. While that is a good idea, it could limit you from having more options.

You can call your previous agent and talk to them. Ask about their marketing plan, how will they position your house and how they are going to sell it. But after that, interview other agents to get a sense of how different marketing can be and how different agents work.

Don't tie…

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Understanding Real Property Reports in Calgary

Understanding Real Property Reports in Calgary

If you're thinking of selling your home in the future, you must understand the importance of a Real Property Report.

Compliant Real Property Report

A Real Property Report, or RPR for short, is a land survey of your home that shows everything on your property and all permanent structures. Prior to selling your house, you need to make sure that your RPR is up to date and compliant. That means everything on your property must be according to the bylaws, and the city approves it.

Every time you add any permanent structure like a fence, garage, deck or a pergola attached to your home, it doesn’t matter if it’s big or small; if it is non-movable, you have to update your RPR.

Before you start to…

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Now is the Best Time to Seize a New Passion!

Now is the Best Time to Seize a New Passion!

Paul Moyer is one of those inspiring people who took advantage of life-as-we-knew-it being shut down to seize a new passion. But if you thought jumping into real estate would take Paul out of his element, you would be wrong!

Paul is instantly likeable, clearly intellectual, and he is as cool as a cucumber, which is probably why he’s already making a name for himself. He started with the Chamberlain Group in January, and we couldn’t be more excited to see where he takes his career.

We hopped on a Zoom call with him to find out more about his experience since joining the crazy little world we call real estate.

2020 was a different year; what made you decide to get into real estate at that time?

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Calgary Real Estate Market Update - April 2021

Calgary Real Estate Market Update - April 2021

While the stats are staggering when we compare April 2021 to April 2020, it's something we are all still feeling. No matter where you live in Canada, the current market is consistently heating up, and we are seeing multiple offers and homes sometimes selling before a sign can get put in the ground.

This latest surge in sales could have happened for many reasons as interest rates are set to change, many buyers have rate holds good till the end of June and basic lifestyle needs and changes. With kids set to stay home for school, this could create some pause for some buyers and sellers, but time will only tell.

More than ever, you need a strategy. Homes aren't selling themselves, and there are still…

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