Buying

Buying

Found 61 blog entries about Buying.

Welcome to the world of investment properties!

An investment property can be a property you use yourself (such as a vacation home), a property you lease to others (such as renters or a business), or a property that you fix up and flip for an immediate return. Whatever you plan on using your investment property for, consider the following:

  • Purchasing an investment property is a major decision, so don't rush it! Take the time to think critically about if an investment property is right for you, what kind of investment property is right for you, and, when you find a property, if it is the best investment property for you. There is absolutely no need to rush! Take your time so that you can be 100% (or at least 99%) confident in your end decision.
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For most people, there first home is a rental property.

A rental property is a great way to learn how to live on your own without the responsibility of property taxes or major repairs. It is ideal for people unsure of where they want to settle by allowing you to test out a community, and for people whose lives may require they move frequently. Rental properties are also a way for people to get into housing if they don't have the financial means to qualify for a mortgage and buy a home. 

Rental properties also come with some downsides. It can be hard to fully feel 'at home' when you are living under someone else's roof, potentially with other individuals. You also do not have the creative freedom to paint, complete renovations, or put nails in the

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Trying to decide if the suburbs or an inner-city community is right for you? There's lots to consider. 

 

Here are some of the Pros of living in the Suburbs:

  • New homes
  • Communities planned out to serve the modern world
  • Quiet / Removed from the stress of the city
  • Typically populated by younger families

Here are some of the Cons of living in the Suburbs:

  • Cookie Cutter homes can lack uniqueness
  • Communities in development lack established amenities
  • Far from City services such as workplaces and schools
  • More isolated community feeling

Here are some of the Pros of living in the Inner-City:

  • Historic and unique homes
  • Larger property lots with bigger resale value
  • Close to all city
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Attending an Open House is such a fun part of the buying experience. We've all seen homes and wondered what they look like on the inside. This is your chance to do just that! Open House's are the absolute best way to find out if a home is for you. Virtual tours and pictures can give you an introduction to the home, but there's nothing quite like walking the halls and experiencing it firsthand. Plus, it gives you the opportunity to get a feel for the neighbourhood. 

At an Open House you are in the power seat. After all, the seller wants to woo you so that you submit a good offer! However, you still need to be respectful of the space and the fact that you are entering a stranger's home. There is a certain set of etiquette one should follow during an

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We're coming to the close of the busy summer Calgary real estate season, but this year is a little different than normal. With COVID-19, many people have waited longer than they normally would to enter the market, whether as a buyer, seller or investor. This means that there are still homes coming on the market, particularly as quarantine rules continue to lift, allowing life to slowly move towards a new normal. So, if you're only just ready to take the first step, this is a great time to do so!

When it comes to preparing to buy a home, there are many things to consider. Here are three of the most important, in no particular order, in our opinion:

  1.  Make sure you know what you need. What kind of home? How big of a home? Where does the property
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Coronavirus has completed changed the way our lives look. Words we used to only hear in disaster movies--ones such as herd immunity, social distancing, pandemic, isolation, etc.--have become a regular addition to our vernacular. Suddenly simple things like going to the grocery store or planning for school in the fall takes extra steps to thoughtfully plan through. COVID-19 has touched every aspect of our lives, including real estate.

When the world seemed to shut down back in March, real estate in Calgary, Alberta took a major hit. It was as if everyone held their collective breath, stopped in their tracks. Homes weren't selling and buyer's weren't buying. Plans to enter the real estate sector as a buyer, seller or investor were stopped short with

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The Calgary real estate market was hit hard when coronavirus shut down the world. Despite this, forecasts show that this summer we're going to see a market pick up. Not only are people back to work and restrictions on daily life lifting, but summer is always an incredibly busy season in real estate. If you're considering making a move, contact Ken Richter today at 403-630-6363! He can help you strategize how best to enter the market based on your varying needs. 

One of the biggest aspects to purchasing a home is figuring out 1). How much home you need and 2). How much home you can afford. Figuring out how much home you need is usually the easy part. You need to consider how many people will be living in the space now and in the future. You need to

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In the summertime everything comes to life. The trees start growing their leaves, the flowers start blooming, animals come out of hibernation and people start turning off Netflix and heading outside. With the sun out longer and holiday time banked, the summer becomes the perfect time to tackle that big project, have cold drinks on the patio, spend time with the family and, for many people, move.

That's right, while the springtime is when many homes get listed for sale in Calgary, Alberta, possession often happens during the summertime. This is because with such nice weather and more holidays, it is easier for people to move out of their old homes and into their new homes. If you are one of these people, we have 3 tips to help the process go

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If you are currently in the market for your first home, you probably have lots of questions. This is a major investment of both your money and time, so you're likely feeling the weight of this as you begin your search. Ken Richter has a wealth of experience in helping first time home buyers, and he is here to help you make the most out of this moment!

Here are some tips that will make your home buying process successful: 

Tip #1: Do Your Homework: The perfect home won’t find you by itself. A key step in buying a home is doing the proper research. Educate yourself on local schools, neighborhoods, and the kinds of homes available. By reading available materials and talking with experts, you can start to put together what the perfect home looks

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In this day and age people have access to information that makes it easier for them to act as their own realtor. However, here are the top 3 reasons why having a realtor is so useful:

1). Experience: Here at Team Ken Richter we like to make sure our clients know that our experience is their advantage. With over 30 years of experience, we have truly seen it all. We have weathered many different market conditions, helped all different types of buyers and sellers and have watched the City of Calgary grow and change. We apply our years of experience to every aspect of our business. When you partner with Team Ken Richter, our experience will help guide you in ways that no google search can. 

2). Knowledge: The knowledge we have gained from working in

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