Everything You Need to Know About Special Assessments in Condo

 

special-assessment-condoDo you have a condo and are wondering about the ins and outs of special assessments?

Jared Chamberlain invited Rebecca Hewitt of Condo Savvy to talk about special assessment in condos, how it works, how much it costs and how to deal with it.

Rebecca owns a condo inspection business where she does condominium document reviews for purchasers of condominiums. You can check out her company at www.condosavvy.ca.

What is Special Assessment

A special assessment is basically a cash call. It is called for when the condominium corporation doesn't have enough money for operations or certain projects. To levy a special assessment, the board sends out letters to the owners with the…

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How to Flip a House For the First Time

 

Flipping-a-House-For-the-First-TimeDo you love watching programs about flipping houses? It is so cool to see documentation of places being transformed in 23-minute shows. But flipping a home is not as easy as it’s shown on the TV.

We invited a fantastic couple, Paul and Courtney Jewell, to talk about their experience in flipping a house in Calgary. As a couple, they have wanted to flip a home since they got married 17 years ago. Their dream came true this year when they flipped their first house!

As the years have gone by, they built their skill set to be able to achieve this. They started a carpentry business in 2005 and had numerous construction projects. They love doing home renovations for their clients and family members.

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Reaching Success with a Team - Tony Cusano

WTony-Cusanohat does Success equal for you?

How would you fill in the blank?

Our agents are from diverse backgrounds and each of them has their own goals, dreams, and ideals. We support that. In fact, that is our primary goal. We don’t make agents meet our goals as a company, we’ve created a company that helps those agents achieve their own personal and professional vision of success.

We’re chatting with Tony Cusano about how his definition of success has changed over the years, and why he chose the Chamberlain Group to help him reach it.

Let’s start with the obvious question. What does success mean to you?

If I’m thinking of the whole outlook on life, it’d be work-life balance. I know it sounds pretty…

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Buying in a New Community in Calgary

buying-in-new-communities-in-calgaryCalgary is a wonderful city that features world-class communities. More and more people are attracted to what the city offers, so builders continuously develop new areas in the vicinity.

A new community is one that has been constructed within the last five years, and some areas are still under construction. In new communities, builders are offering pre-possession or quick possession. You can even sculpt your home the way you want before you move in.

Tony Cusano joined Jared Chamberlain to talk about three crucial steps buyers need to consider when buying in a new community in Calgary. Tony has helped many people purchase new homes in new communities, and he is also thinking of doing the same thing.

Tony…

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4 Steps to Take When Renting Out Your Condo

4-Steps-to-Take-When-Renting-Out-Your-CondosDo you own a condo and plan on holding it as a rental? Renting out your condo may seem simple, but here are some MUSTS when it comes to planning on renting out your condo.

We invited Rebecca Hewitt, a condo expert, to talk about the four things you need to know when you want to keep your condo as a rental. Rebecca owns a condo inspection business where she does condominium document reviews for purchasers of condominiums. You can check out her company at www.condosavvy.ca.

Many condo owners move to different types of homes as their life progresses. Even when they buy other houses, they want to keep their condos and have them as rentals. But doing that is not easy. There are a lot of processes that…

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Meet Tony Cusano - Calgary Real Estate Advisor with Chamberlain Real Estate Group

Tony-CusanoMeet Tony Cusano. He is a hardworking family man who sees his job as an opportunity to make a difference in the lives of other families.


Tony loves the fact that he can meet a lot of new people every day. Negotiating excites him; that’s why it gives him great pleasure whenever he can help clients buy the best home for them or sell their homes at the best possible price!

It’s challenging and, at the same time, very satisfying. Especially when he comes up with the best solution and closes the best deal for his clients.

Living in Tuscany

A born and raised Calgarian, Tony never left the city. He grew up in the northwest and moved downtown for a bit during…

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The Home Offer Letter Template that Wins Over Sellers

letter-to-seller-of-home-from-buyerDid you know you can write to the seller when you make an offer on a house that you want?! Have you heard of anyone who did that?

2021 has been unlike any year in real estate. With the number of multiple offers recently buyers need to figure out a way to make their offer stand out. Supplementing your offer with a personal letter is something that can truly create an impact and set you apart when you are competing with several other buyers.

Writing a Letter to the Seller

Simmi Aujla joined Jared Chamberlain to talk about the best way to prepare a letter for a buyer to get a higher chance of winning in a multiple offer situation. Simmi has helped a few people this year who were moving up…

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Meet Simmi Aujla - Calgary Real Estate Advisor with Chamberlain Real Estate Group

Meet-Simmi-AujlaMeet Simmi Aujla. Her undeniable focus and inquisitive attitude has led to successful relationships with all her clients. She is very supportive and understanding, always eager to learn how she can help and constantly improve!

As a Real Estate Advisor, she is extremely engaging and always ensures people feel heard. Discipline and consistency are key strengths, helping her attain the high levels of achievement that she is pursuing.

Having a Community in Calgary

Simmi lives in Coral Springs. Her family moved there when she was 12 years old and they loved the community so much that they have called it home for the last 17 years.

The strong sense of community in…

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August 2021 Calgary Real Estate Market Update

August-2021-Calgary-Real-Estate-Market-UpdateAugust has brought us multiple big numbers.

First off, the number of homes sold YTD has reached over 19,500 sales in Calgary, which is higher than annual sales figures recorded for the past 6 years. 

Secondly, we've seen an increase in sales by 37% in August 2021 over August 2020, and we thought last August was busy!

While showing how many Calgarians are making moves, both numbers also show the sheer volume pushed into the real estate transaction pipeline.

We currently see land titles have a delay in giving a new buyer the title with their name on it by over two months. Getting pre-approved is vital because lenders struggle to get mortgage documents to lawyers and have trouble meeting short…

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What is the Average Possession Date in Calgary

Average-Possession-Date-in-CalgaryAre you planning on making a move in the near future and are wondering what the average possession date in Calgary is?

Max Barton joined Jared Chamberlain to talk about differences in possession terms and how tight timelines can impact the preparation before possession day. They also cover what buyers and sellers can expect throughout the process.

Average Possession Days in Calgary

In general, 30 to 60 days are needed to prepare for possession. In cases where tenants occupy the property, they can extend possession by around 30 days. Most people who sell their houses in Calgary have to purchase a new home as well after selling their existing home. This process usually needs 60 to 90 days.

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