Real Estate Blog: Vanderveen Team: Calgary Real Estate Agent - Rachel R. Vanderveen's Blog | Page #5

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All Blog Entries by Rachel R. Vanderveen

There are currently 191 blog entries published by Rachel R. Vanderveen.

 

As some of you may know, we are a proud homeschooling family! Lately we’ve been talking about the value of owning your own business and we got to talking about private enterprises vs. franchisees. Then it just so happened that I crossed paths with one of the managers of the brand new Papa John’s in Seton (just outside Auburn Bay and by the new hospital), and since we order from Papa John’s more than I care to admit (what? I’m a working homeschool mom!), I thought it would be a perfect place for the kids to see how a small business runs and have an opportunity to ask the owner about why he chose a franchise vs. his own private business. I couldn’t believe how receptive the owner was to our request to come behind the counter with a gaggle of children

3,172 Views, 2 Comments.

I’m returning to my fix and flip series. (previous blogs on the topic can be found here, here, here, here and here) I have a few clients coming through the pipes looking for exactly this type of product, and I wanted to flesh out a bit more of what to look for when you’re out to do a fix and flip in Calgary.

A REALTOR

Yah, I know. I hate to be so cliché, but it’s true. A REALTOR is a resource that is free to you when you are buying. We know the ropes, and we know what we’re looking for in a home to flip in Calgary. We can translate your hopes, dreams, and desires into a physical reality. The bottom line is that you’re going to get deluged in information on the internet, and a lot of it is just cr@p. Your agent sorts through all of the information

952 Views, 0 Comments.

I get it; your basement is the place where all your dreams come true. It’s the place that was blank when you bought it, so you want to make it everything that your upstairs never could be. You want a wet bar, NO, a second kitchen! You want 8 bedrooms, 6 bathrooms, golden floors and a heated toilet seat. You want a drawer and a cabinet for every children’s shoe you have tripped over in your entire life. I know. I’ve been there with you. It’s hard not to over-finish your basement, but unless you plan to live there for the next 20 years, don’t do it. It’s not worth it, and it never pays.

The resale value of any improvement you do in your home is substantially less when it’s done in the basement. Which means hardwood floors will actually add value in the

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Once you’ve dealt with the offer to purchase, negotiations, and conditional phase, your purchase or sale will be a firm deal. A firm deal means that neither side can back out without serious legal repercussions. So, you’re moving! Here’s everything you need to know about what needs to be done in this phase whether you are buying or selling.

Buying

Talk to Condo Management Company: If you have purchased a condo, you will need to book a time to move in. Many condos do not allow a move in unless it is scheduled in advance. While you are on the phone, confirm what your condo fees cover (If you haven’t already in the offer process, and you should have.) and arrange payment of your fees, whether that is by credit card, post-dated cheque or EFT. Make sure

914 Views, 0 Comments.

So you’ve cruised the MLS and begun to see some houses that make you say, as the famed Tiny Fey once did: “I want to go to there.” Your home is small, and terrible, and annoying and the one you see on the MLS is large and wonderful and perfect.

Trying to think of how you can make the move from one house to another can be a lot to take on, especially if you’re like 90% of the clients I work with, and you need the money from the home you’re in, in order to purchase a new one.

So here is a step by step guide to making the transition from one home to the next when you need the money from one house in order to purchase the second.

1)      Call Your Agent: Before we start anything, we need to know what your current home is worth, and that number is always

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You may have noticed that the price of your home has gone up, as you see your friends and neighbours listing homes that sell instantly, often in bidding wars. The rumour is true: the Calgary real estate market is on fire right now.

As of this writing there were 2513 listings available in the city of Calgary. This is an extraordinarily low number of listings. But how does this affect your house price? What is a hot market? How is it made? And what causes your home’s value to increase? Let’s have a look at that today.

The real estate market is governed by supply and demand. The supply is the amount of homes on the market, and the demand is the amount of people wanting to purchase these houses. Right now we have a very, very small

5,938 Views, 2 Comments.

baby_400

 

  1.  When you walk in to a delivery room after as many pregnancies as I’ve had, you get a bit of street cred. I learned that I finally have a respected voice in my own delivery room. Not that I didn’t before; it’s just that before it was harder to have the staff listen.
  2. Midwives, support all birth choices except mine: to have an epidural. It’s all freedom of choice, individuality, and power to the mammas until you say you’d like a needle in your spine. If I’m wrong, please someone give me the name of a midwife who will let me have my plan, my way. I’ve already spoken to several, who will not…and they actually tried to shame me a little for my choice. I’d love, love, love to have a midwife next time who supports my birth plan.
  3. For me and my family,
577 Views, 1 Comments.

Well the answer is pretty broad, because it depends on which building/land, and what type of condo we’re talking about. More basic condos, usually have at the very least, insurance fees, management fees, and reserve fund contributions.  

Insurance Fees: usually cover the land and buildings which are jointly owned by the owners. You should check the insurance certificate, but usually it covers catastrophic losses and other damages to jointly-owned property. In many cases, this insurance means that condo owners only have to buy a very reduced-fee condo insurance since most of your exterior insurance is covered. This, however, differs from condo to condo.

Management Fees: somebody has to answer the phone when there is a problem with the common

519 Views, 0 Comments.