Buying

Buying

Found 55 blog entries about Buying.

One of the biggest expenses any homeowner has to deal with for an extended period of time is paying off a mortgage. In fact, it's typically one of the longest payments on any one thing that a person will make in their lifetime. 

A mortgage is money that you, a creditor, must repay a debtor within a certain amount of time. Most homeowners take out a mortgage in order to purchase a home, since most people cannot buy a home outright. This mortgage will have interest rates added to it, which are often the most difficult part to pay off as they continue to grow and grow. A mortgage is a very daunting thing for homeowners to have looming over them, but luckily it is not always fixed.

Have you ever heard of refinancing? When interest rates are low, some

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As we have said time and time again, one of the best parts of being a Calgary resident is the sense of community that is available to every single individual. Calgary consists of a collection of communities that are inclusive and actively seeking to make every Calgarians experience in this amazing city the best it can possiblely be. After all, it’s not only the property that makes a home: it is the community.

Here at Team Ken Richter we have the pleasure of working with communities all over the city. However, we have been fortunate to have the opportunity to work most closely with the communities of Montgomery and Bowness. Both are rich with history. This history is filled with one overarching theme that the first ever residents and present

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Foreclosure. 

This daunting word haunts our television screens as we watch fictional, and sometimes real, people face losing everything. All of the love and care they put into making their house a home was for naught; now the bank owns it and they have to be gone by Monday. We feel sick hearing that word because everyone knows that foreclosure is not something you ever want to experience. So, what is it and how can you avoid it?

Foreclosure is when a homeowner loses ownership of their property to the bank. It's not that the bank ever owned the home, but when you can't pay back the bank, they take your assets. Typically foreclosure happens because homeowners have failed to pay monies owed on debts, particularly a mortgage. As you can see from the

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Finding a new home can be difficult and emotional experience.  After all, this is a major life decision. This why it is so important that you partner with a licensed, experienced real estate agent like Ken Richter. Ken has been working in this industry for over 30 years and understands everything that needs to go into making this major decision. He will always be looking out for your best interests and will make sure you are informed and protected throughout the entire process. Call him today at 403.630.6363 to discuss your real estate needs!

After walking through different properties, doing research on the areas and starting to imagine what all your furniture would look like different homes, making a final decision can be hard. When you're torn

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Owning a home is no small feat. Why? Because they are a major financial investment. One of the main things to understand about owning a property is that you will likely start paying a mortgage.

So, what is a mortgage? A mortgage is the money you pay a creditor over time in exchange for them lending you all of that money upfront to pay for your property of choice. Essentially, it is a loan you take out to finance the purchase of a property. Depending on your unique situation, the creditor (typically a bank) will determine how much money they are comfortable lending you based on things like your job, credit score, assets, etc.. Finding out how much money the bank is willing to give you usually directly determines how much money you can spend on a

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Open Houses are constantly happening all over the city. There are so many ways you can find an open house to visit: you can ask your realtor to take you to them, check local ads and roadside signs for house showings, follow word of mouth recommendations, google it, etc. An Open House is a great opportunity to see what is on the market, whether you are thinking of buying or selling. Plus, it can be fun to peak inside other people's homes. 

When you go to an Open House, you need to come up with a clear game plan. Start by answering this simple question:

What do I hope to get out of this?

If you want to simply explore various properties for fun, that is completely fine! Make sure that when you do this you are considerate of the people who are

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Every once in awhile we like to provide you with a refresher list of real estate terminology. We use these terms a lot, so it is important to fully understand what they mean so that you can learn more from what we share. We want you to feel informed and supported in your real estate journey. Here are some of our top terms:

Multiple Offers: This occurs when multiple buyer’s are interested in purchasing your property. They will each submit a bid, then you get to choose which one you will sell your property to. Some factors to consider when this happens are: who the people are, how much money they are offering, when they expect to move in, etc.. To read more about how we can help your property get multiple offers, check out our 10 Step Marketing Plan!

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I feel incredibly honoured to receive the news that I ranked #24 in all of RE/MAX Western Canada and #2 at the #1 RE/MAX Office Worldwide, RE/MAX Real Estate (Central) for sales volume in the month of March 2019. I couldn’t have done it without my amazing team, loyal clients, and my wonderful family and friends. Thank you from the bottom of my heart for your continued support!

Sincerely,

Ken Richter
RE/MAX Real Estate (Central)

It is starting to feel like spring in Calgary, Alberta; and not just because the snow is melting and the grass is turning green. It feels like spring because the real estate market is starting to see movement again, a sign that brighter days are on the horizon. Given the circumstances one thing is becoming

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Owning a home in Alberta, Canada comes with many benefits; especially during Tax season.

Buying a home in Calgary, Alberta is a dream for many people. While getting to explore new types of homes and neighbourhoods as a renter is fun, actually owning a property enables you to do so much more that it's worth being more stationary. For example, you can paint however you like and put nails in the walls. You can renovate the space to meet your needs and even rent out some of it yourself. You can proudly call yourself a homeowner, and come tax season, you can claim a number of benefits and deductions.

First, for you first time home buyers, you can claim a tax credit of up to $5000.00 for the purchase of a qualifying home during the tax year. So long

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Buying a home is an extremely personal investment. With so many options available on the market, homeowners get the luxury of picking whatever will be best for them.

Buying a property is not all about keeping up with the Jones's. Do not waste your valuable time and money trying to find a home just like everyone else. You need to make a long-term decision that benefits you. After all, you'll be the one living with it. 

There are many factors that go into purchasing a home, such as location, job opportunity, space requirements and desired amenities. However, one of the most important factors is type of property. Different property types have different pros and cons. Carefully evaluate all your options before committing. 

Discover what property type

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