There are currently 187 blog entries published by Rachel R. Vanderveen.
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…
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…
- 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.
- 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.
- For me and my family,
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…
In short, very little, except that you’re going to be paying higher taxes as many of them have gone up this year. However, the number on your Assessment is almost never correct, in terms of what your home could actually sell for in current market conditions. I’ve never seen one correct even within a range of $10,000.
The assessment is not correct because it almost never accounts for market conditions. In today’s market, we’re seeing bidding wars, prince increases, and conditions favouring the sellers. However how much or how little these conditions have affected prices varies from community to community and indeed from property to property.
I always shake my head when I see agents write that a certain home is priced $20,000 below the city assessment.…
It seems lately that a vast majority of people I meet out there equate getting a good deal in real estate, with writing a low ball offer. As if the beginning of a good deal always starts with a low ball offer. In some cases this can be true, but in most cases, it’s not. Let’s spend some time today talking about the real estate low-ball.
The first thing that you have to realize is that real estate has a value, just like any other product on the shelf. Most competent sellers (99.9% of sellers) want fair market value, and there are some sellers who want more. So the first thing we look at when we are buying is what the true value of the property is. When we look at that property we could discover a seller pricing his or her home at $500,000 and…
It’s been a long time since I’ve been on the blog. It has felt amazing to have some much needed time off after the birth of our most recent sweet baby, Grace Vivian Vanderveen. I have never had a maternity leave for the births of any of my children. That’s the nature of self employment. I prepare for it every time. I know it’s coming, and it’s OK. This time we did manage to clear the lion’s share of our clients just before Gracie was born, and I had the supreme luxury of having my phone on silent for the delivery and for two weeks after she was born. It was wonderful.
It was the best delivery and the best recovery I have ever had, ever. So good, in fact, that 10 days after she was born, I really felt mostly back to normal. Today I love stretching my…