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
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
Good news, everyone! We are starting to see a trend emerge: inventory levels are declining, edging off a buyers’ market into more balanced conditions.
The Calgary Real Estate Board (CREB®) reports, "for the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings." While the market still leans towards benefiting buyers, if supply continues to reduce and sales balance out, we should see really strong conditions.
CREB® chief economist Ann-Marie Lurie notes, "we are starting to see reductions in supply across the resale, rental and new-home markets. This adjustment in supply to the lower levels of demand will support more balanced
Summers around Calgary are a little slower. Instead of walking as quickly as possible through the snowy streets, people take their time to enjoy the smell of a freshly cut lawn and lilacs. Instead of hurrying home after work to hibernate, wings and drinks on the patio are on the itinerary. Instead of binging an entire season of something on Netflix in one sitting, people are getting on their feet and going on adventures. Another thing that has slowed down this summer? The real estate market.
Calgary has been staunchly in a buyer’s market for a number of months now. Inventory levels were high, without the sales to help balance out the market. This was caused by the economy taking a hit, which had the effect of preventing people from being able to
Affordable acreage living just 25 minutes from downtown Calgary!
Perfectly located, very quiet subdivision, mature-treed, 2 acre parcel perfect for the growing family. It features its own private pond/skating rink, gazebo & tons of space for activities. This Ranch style bungalow has over 3,000 square feet of developed living space, highlighted upstairs by 3 good sized bedrooms, including the master which has its own 3 piece ensuite, vaulted open beam ceilings and bright open main living areas. The fully developed lower level features 4 additional bedrooms including large windows, and the 4th bedroom could be modified as an additional living room. There is a massive attached 28x28 triple heated garage, 220 power & additional rear door for back yard
1. Favourite Golf Course: Kananaskis Country Golf Course || Big skies, mountain views and gorgeous grounds make this my absolute favorite place to golf. It is only an hour and a half outside of Calgary, making it an easy escape from the big city for a day spent enjoying the sunshine.
2. Favourite Website: www.KenRichter.com || My website is designed with you, my valued client, in mind. Use the Interactive Map tool, read our Blog, view our Current Listings, sign up for our Newsletter and so much more. You can also connect with me on Facebook at Team Ken Richter!
3. Favourite App: Wayfair || Buying a home is only part of the home-owning experience; furnishing it is a whole other adventure. I love using the Wayfair app to…
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!
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
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.
It is shaping up to a glorious spring here in Calgary, Alberta. The sun is already shining, the snow melting, and some Calgarian's are being inspired to - brace yourself - pack away their mittens and toques. With such generous weather, calendars are filling up with fun things to do this spring. After all, here in Calgary we have learned to appreciate good whether.
The communities of Bowness and Montgomery have always been particularly active when it comes to bringing the neighborhood together in the name of family friendly fun. Have you visited either of these two communities lately? There have been numerous developments to each so that they can continue to serve Calgarian's well. They also have lots planned for this spring, so here are some
Professionally remodelled from top to bottom in the 'new everywhere' modern chic & sleek decor for the discriminating buyer!
Just move in & enjoy this amazing 12th floor sunny south/east exposed 2 bedroom unit c/w wrap around balcony offering panoramic outstanding views of the downtown skyline & the river escarpment! Over $100,000 in recent renovations include high-end modern high gloss cabinets, quartz counters, all new bathroom fixtures, luxury vinyl planking, all new tiles (backsplash, wall tiles etc.), all new plumbing fixtures, all new light fixtures, new walk-in closet built-in shelving unit, new laundry room in master closet, all new Hunter Douglas blinds thru out, ceiling stipple was removed and replaced with know down modern ceilings &
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.