Investing in real estate can be a lucrative venture, and Calgary’s real estate market presents a wealth of opportunities. However, in a hot seller’s market like Calgary, investors need to understand the dynamics, consider the pain points, and leverage the expertise of Calgary property management professionals like Unison Realty Group. With over 25 years of experience, Unison Realty Group can help investors navigate this competitive market and maximize their returns. In this blog post, we will explore the popular investment areas, property types, potential returns, and how Unison Realty Group can assist investors in their journey.

Your Calgary Property Management Experts: 5 Factors You Need To Know About Investing In the Real Estate Market

#1: Understanding Calgary’s Market

Calgary’s real estate market has seen a surge in demand, resulting in a hot seller’s market. That means properties sell quickly, often with multiple offers and bidding wars. Investors need to be prepared for the competitive nature of this market and understand that opportunities may require swift action. Some investors prefer to play the waiting game and hang tight until the market starts to tip in their favour. However, with the increase of newcomers flocking to Calgary, there is no end in sight for the market to start cooling off.

#2: Popular Investment Areas in Calgary

Highlighting the popular investment areas in Calgary is crucial for investors looking for potential growth and return on investment. Areas such as Beltline, Bridgeland, Inglewood, and Kensington have seen significant development and appreciation in recent years. These areas offer a mix of residential and commercial properties, attracting a diverse range of investors.

#3: Property Types

Discussing the different property types available for investment in Calgary will help investors make informed decisions. Condominiums and townhouses are popular due to their lower maintenance requirements and potentially higher rental yields. Single-family homes and multi-family properties can provide long-term appreciation and steady rental income.

#4: Potential Returns on Investment

Analyzing the potential returns on investment is crucial for investors to evaluate the profitability of their ventures. Factors such as rental demand, neighbourhood development, and market trends are vital. Calgary has experienced steady population growth and a strong economy, which bodes well for long-term appreciation and rental demand.

#5: Role of Calgary Property Management Professionals

When investing in a property, you want Calgary property management professionals who highlight its value to make your investment worth it. With 25 years of experience in the Calgary real estate market, Unison Realty Group offers comprehensive knowledge, access to exclusive listings, market analysis, and negotiation skills. In turn, Unison can assist investors in finding profitable investment opportunities and navigating the complexities of the market.

Invest in Calgary Property Management Professionals: Unison

Investing in Calgary’s real estate market can be highly rewarding but requires a strategic approach in a hot seller’s market. Investors can confidently navigate this competitive market by understanding popular investment areas, property types, and potential returns and leveraging the expertise of professionals like Unison Realty Group. Unison Realty Group’s experience and commitment to client success make them a valuable partner in pursuing real estate investment opportunities in Calgary.

At Unison Realty Group Ltd. we will find the perfect property for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonpropertymanagement.ca

Buying a condo in Calgary has become popular for many potential homeowners. In the current housing market, many are setting their sights on them since Calgary condos have become a more affordable option. If you’re one of many who are looking to make a condo your home, learn what you must do with a few handy tips from the professionals at Unison Realty Group.

I’m Ready to Buy A Condo: Where Do I Start?

Before we start with what to look out for when buying a condo, let’s get you through the preparation steps. That way, you can get your ducks in a row before you find yourself a licensed real estate agent.

First and foremost, you will want to find out what you’re pre-approved for by contacting your bank or a mortgage broker. Knowing your financial limits and comfort level will help you make an informed decision. Also, the better you know your budget, the sooner your agent can get the ball rolling with booking you the right showings.

It’s also important to consider extra costs when buying a condo. It could include your condo document review, home inspection, moving costs, lawyer fees and closing costs. Doing your homework first is the right way to avoid any stressful surprises later down the road when you’re trying to close on your next investment property or Calgary condo.

6 Tips for Buying A Calgary Condo for Potential Homeowners

1. Hire a Real Estate Agent & Stick to Your Non-Negotiables

Have a meeting with your agent to ensure you click and are both on the same page. If you feel well supported and your questions have been answered thoroughly – go for it! Looking for an agent specializing in condos could also be a definite bonus. Now, when it comes to viewing your potential condo, make sure you stick to your non-negotiables. Getting distracted can be easy when you view a property with modern staging; realizing that the den you wanted for a workspace is missing could fly right past you.

2. Parking & Storage

Don’t fall in love with your condo just yet. Make sure you have what you need when parking your vehicle and have enough space for all your sports equipment. Even if you don’t have a car, it’s great for resale value or possibly even renting the space to another tenant or owner needing a second spot.

3. Visitor Options

This one is sometimes forgotten about until you invite your family of 5 over and realize you don’t have enough spaces for them to park. Ask your agent about a visitor parking area and how many spots are available. Maybe there’s a designated guest suite available that you can book in advance for family and friends. These are nice perks you can consider, especially if you like to host.

4. Building Security

Not only does this give you peace of mind, but it’s also a great added value to everyone in the building. Ask your agent about the security features and what kind of hours the concierge works, if there is one. Also, ask if the bottom floors have access to the top floors through the elevator or emergency doors.

5. Talk to a Neighbour

No one has better insight into the building than someone who has already lived there for a few years. See if you can chat with a hallway neighbour to see how they like the building and if they can vouch for their living experience. If they give you two thumbs up, you will likely enjoy it just as much. You can also ask a fellow condo owner what they think of the condo board. If they have any issues, they’ll usually let you know!

6. Condo Document Review

It’s important to have a professional condo document review. That is your opportunity to ask questions about the building and how it’s being run. How much money is in the reserve fund? Are there any important details in the disclosure statement? What do the condo fees include? Depending on the details, its service will typically run you between $300 and $600.

At Unison Realty Group Ltd, we walk you through all the steps to ensure you’re getting great value. If you have questions about purchasing a condo in Calgary or already have your eye on something in the market, give our team a call today and let us help you make the best, informed decision.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Do you dream of having your own investment property?

With “56%, Alberta boasts Canada’s highest home ownership rate among those aged 25 to 35”. That means the idea of having a strong asset to build your future on and generating consistent monthly income while taking advantage of today’s low-interest rates is a good one, particularly if you’re new to the industry.

Let’s take a look at the advantages of investing in Calgary rentals and how you can start the process of investing for your future.

What are the Advantages of Owning a Calgary Rental?

Receive regular monthly income – the rent you collect, minus your expenses, means a steady, predictable flow of cash flow. You can use the extra funds to pay off your investment property. You can even use it as an Airbnb investment if you wish.
Asset appreciation – There is no guarantee that your property will increase in terms of value, but historically, real estate has appreciated over time. That means you’re making money off your asset in future.
Tax deduction – Play your cards right, and you can deduct specific expenses from your gross rental income. These can include property taxes, insurance, maintenance costs, property management fees and even utility bills.
Vacation spot – Imagine taking a few days off and enjoying a break somewhere? That’s what you can get when it comes to your new rental property.

How To Buy a Calgary Rental

If you ready to take the plunge into the investment market for the first, here is how you can go about getting your dream property:

Get your finances in order – Determine what you can afford to buy, seeing if you have enough in terms of a minimal down payment (Canada’s mortgage rules dictate that you need a minimum of 20% for a small rental property)
Assemble a team of experts to assist you – You can’t do the work yourself. Bring together a real estate agent, mortgage broker, lawyer, property management company, home inspector and insurance agent.
Research what you can afford – Whether it’s a condo rental or a house in Calgary, consider what you can afford and what you can buy.
Choose your mortgage and insurance – Your rental property is a valuable asset, so it needs some financial backing to make it work. Speak to your mortgage and insurance broker to determine the best rates for your budget.
Hire a property manager – If you don’t have the time to respond and manage your Calgary rental property, then leave it to a professional that can. It’s not overly expensive to bring on board a professional company.
Learn about landlord/tenant laws – Alberta has some strict landlord/tenant laws that promote fair rental practices for both sides. It’s best if you know about them so that you know what your rights and responsibilities are.

Owning a rental property can be a lucrative proposition that secures your future. But it does take a lot of work, research and planning. If you plan to buy an investment property, take the time to ensure that the research backs your claim.

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonpropertymanagement.ca

Just like we did when we previously discussed the differences between condos and apartments, we will compare two popular housing options: it’s condos vs townhouses.

Let’s take a look at the distinct differences between these two property options.

The Basics

The best way to start this off is to determine the basics of each property:

Condos are similar to apartments in that it is an individual unit residing in a building or community of buildings. Unlike apartments, condos are usually managed by an association or condo board, with each individual owning a condo.
Townhouses are attached homes that the resident owns, but unlike regular homes, one or more walls are shared with an adjacent attached townhome.

While they might share some development similarities, the two’s biggest difference comes down to ownership, homeowner associations, rentability, and fees. Let’s break each of these down.

Ownership Rules

In terms of ownership, there is not much difference between the two.

Firstly, when you purchase a condo, you personally own your unit and share joint ownership of the building with the other owner-tenants. Therefore, you will contribute financially (more on that below) to the building’s overall running and your own individual unit.

On the other hand, townhouse ownership means that you own the building and the land it sits on. It is similar to a traditional home; instead, you might share some of the home’s walls with other detached dwellings.

Ultimately, it all comes down to what you want and what you can afford.

(Read our guide on what to look for in a condo rental)

Homeowners’ Associations (aka, the Board)

The biggest difference between condos and townhouses against single-family homes is homeowners’ associations (HOAs), better known as ‘the board’.

The HOA is run and operated by other tenants of the property, who handle the day-to-day maintenance of the shared spaces either through an individual or a Calgary property management company and establish all the rules. These can include noise levels, parties, pet allowances, renting out the property, and the extent you can conduct renovations within your unit (such as if it affects others or impacts their livelihood).

When purchasing either, you will have to pay monthly fees to the association to maintain the property. HOAs manage the building, its grounds, roofs and exteriors of the structures and common interior spaces in many cases.

In terms of condos vs townhouses, it all depends on how the HOA operates, their fees and rules. You’ll have to compare both and see the best option for you, both in terms of lifestyle and budget.

The Costs of Owning The Properties

Even with monthly HOA fees, owning a townhouse or a condo is more affordable than a home.

Yes, you have to pay for property taxes, home insurance, and home inspections (before taking control of the house), as well as the various maintenance fees that come with managing the property. Still, overall they’re great options for first-time homebuyers or anybody on a budget. They’re also great as investment opportunities, particularly as Calgary rentals.

(What to know how to make money from rental properties? Read this!)

In terms of the cost differences between the two, condos tend to be cheaper to buy since you invest in any land. The

HOA might be higher, though, but you won’t be worried about maintaining the land itself.

The Better Resale Value

The resale value of each of these properties will never be as high as a single-family home, but that doesn’t mean you can’t make a profit.

When it comes to appreciation rates, condos have generally been slower to grow in value than townhouses, but times are changing. The boom in condo properties, and their quality, coupled with the potential to profit as a condo for rent in Calgary, means you can still make a worthwhile investment after a few years. Townhouses, though, still offer high resale value.

The biggest concern is that buyers have to consider other factors out of your control, including how well run the HOA is, their fees, maintenance, what the building or land offers, and any future developments.

Which is Better For You? Calgary Condos or Townhouses?

When choosing between the two, it’s best to consider your budget, lifestyle, and short-term and long-term plans.

There’s no real winner—both have their pros and cons, and both have a fair amount in common with each other. Speaking to HOAs, real estate agents and Calgary property management companies can help. From there, you’ll be able to make the best decision.

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonpropertymanagement.ca

If you have money that you would like to invest in real estate, there is no better way than to maximize it. Using your money wisely, and planning for the future, can ensure that you make the most of the property while securing your investment (and future) in the process.

We look at the pros and cons of four of the best real estate investing options available.

Principal Residence Property

Perhaps the most important method for real estate investing in Calgary is for your principal residence property. This is the house that you will live in and make your primary residence. It is more than just a residency; you are making a long-term investment.

When owning a principal residence property, you pay off the mortgage to the property while growing your wealth. You will need the initial capital (known as the down payment) to secure the property.

Once the property is yours, you can use it for rent (option three below) or improve it before selling it for a higher price in the future. That extra income will allow you to reinvest it in other properties or ventures.

The only downside is that you will have to maintain it, and of course, pay off the mortgage, which can be challenging and decisively long-term.

Residential Rental Property

Perhaps the most common and significant way in which you can invest your money. With so many houses and condos for rent in Calgary, there is ample opportunity to buy an investment property.

Owning a Calgary rental opens up the opportunity to earn an income through the rent collected, and pay off the mortgage on the rental property. It is the smartest way to go about making money while securing your investment for the future.

However, owning a rental property is not easy work. As an active investor, you will have to manage the people of the property and maintain it. You will also have to invest in repairs and improvements, thereby requiring a very hands-on approach.

Therefore you have two options: you can manage it yourself, or hire a property management company in Calgary to do it for you. While there will be a fee for their services, having a property manager look after your apartment ensures that all maintenance, repairs, and most significantly, the management of the renters are handled.

Investing in Commercial Rentals

Commercial properties can include anything from office centres to shopping malls. If it has the space to be used as a commercial property, it can be rented out to businesses. The owners of the property (you) can earn significant income through the rent from their tenants (the businesses).

However, commercial investments do not have the same level of ring to it compared to residential properties. The main drawback is the expense that comes with acquiring, managing and maintaining the commercial property.

As you will be looking after businesses and their employees, you have to ensure that the property is up to standards in appearance and safety. It is very much an active investment, requiring you to be very hands-on with managing the property and dealing with tenants.

Between the expensive upfront capital and the complexities of managing it, many investors tend to opt for residential properties instead.

Airbnb Your Property

Perhaps the most modern manner in which you can maximize your investment. Whether through your own property or a rental, you can rent out the space to earn you some extra cash.

You have the opportunity to rent our guest suites, spare rooms and whole houses for a rate that you deem justifiable. You will have to consider factors like amenities, distance to attractions, transportation and the space itself to set a rental value.

Much like Calgary rentals, you choose who you want to rent your space, after reviewing their ratings on the platform. You can rent it out to them for a night, weekend, or month.

However, the main downside is that tenants are not always reliable when looking after the property. These short-term tenants do not typically take good care of the property as much as long-term tenants usually do. You also have to be entirely aware of any regulations and laws when it comes to Airbnbing your property.

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonrealty.com

Buying a rental property in Calgary can be a worthwhile investment. However, for first-time investors, it can be overwhelming. The real estate investment market is riddled with various scenarios that can impact the whole venture.

But having a reliable approach in which you can buy a house to rent can be valuable. This guide can help you invest in a property that pays off in the long-term.

The Advantages of Buying a Calgary Rental Property

There are significant benefits that come with owning a house for rent in Calgary, including:

Regular monthly income – Your rent, minus the expenses, means consistent and steady cash flow.
Appreciation – While there are no predictions regarding how much your home’s value will rise over time, it will appreciate over time regardless.
Tax deduction – Considering that your rental property is an asset, you can claim deductions from your gross rental income come tax time. These can include mortgage interest, property taxes, insurance, maintenance costs, Calgary property management fees and utility bills.

Although there are some disadvantages, the positives outweigh the negatives.

Essential Tips For Buying a Calgary Rental

If you’re ready to take the plunge into the investment property market, consider these tips first.

1 – Get your finances in order. Depending on your lender, Canada’s mortgage rules dictate that you must have at least 5% of the down payment on a property. Remember to consider other factors such as maintenance, costs and insurance. Crunch the numbers, and speak to your bank to see what you can afford.

2 – Research ideal locations & their rental income. With a firm base of what you can afford, narrow down your search zone to see where you can buy it. Then, consider the average rental income for those locations. You can then calculate if it is worth investing in the area. You can also speak to a property manager in Calgary about location information. Make sure you consider:

Future developments planned for the area and how they might impact your property.
Amenities, such as schools, hospitals and malls, around the area and how they might impact renters.
Safety, as no one wants to live in an unsafe neighbourhood. Inquire about crime rates.

3 – Educate yourself on landlord-tenant laws. It’s best to know what laws you have when you start to rent out your property. Having a thorough understanding of what you and your tenants can and can’t do will be beneficial if issues arise in the future.

4 – Think about the long-term. Remember that this property is about the long-term. It’s about making sure you have some income that will secure your future. Consider the options available to you, and if it is worth the investment.

Plan Out Your Calgary Rental

Once you have your property mortgaged, it is time to consider how you plan to rent it. There are two options:

1- You DIY. You’re the landlord, and you run the property, taking care of everything, from collecting rent to property maintenance.

2- You hire a Calgary property management company. The agent in charge of your property will handle everything for you for a monthly fee (which, as stated above, can be claimed on tax).

Remember that there are many condos and houses for rent in Calgary as it’s a renters’ market. You will face stiff competition in terms of getting your home rented, so if you struggle with the extra work, consider hiring a professional to handle everything for you.

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonrealty.com

Investing in a rental property is an excellent idea for your future. But finding that rental property that will be a worthwhile investment is the problematic part. From crunching the numbers to working alongside property management companies in Calgary, here is how you can find an excellent rental property to invest in.

5 Steps To Finding A Rental Property In Calgary

See How Much You Can Afford

Without the finances to back you up, there is no point in even bothering to look for an investment property. To find a rental property that is going to help you in the long run, you have to make sure that you have the funds to back it up. Speak to your bank or mortgage broker, and get an insight into how your finances hold up, so you can see how much you can afford for a second mortgage.

Affording The Maintenance Over The Years

When owning a rental property, it all comes down to you to make repairs and ensure that it is up to standard. You will have to consider the funds needed for repairs, renovations and utilities over the years, as well as see if your finances can support any changes if required. In most cases, rental owners will hire a Calgary property management company to handle all the work, as financially, it’s worth it.

Evaluate Your Desired Neighborhoods

Once you have sorted out your funds, it is time to evaluate the properties within a few neighborhoods that you like. What is the market rate for the rental properties? Are they increasing or decreasing? How is the accessibility to amenities, such as schools, hospitals, public transport and local businesses? Evaluating the neighborhoods will give an idea to know if buying a rental property in that area will be worthwhile.

Compare Properties

To narrow down how much a rental property would earn you, you have to find comparable properties in the area and calculate the rent. Look at three properties in the area that are roughly the same size and condition of a property you’re interested in. Compare the rate in which they charge rent and how your rental property in Calgary can stand up to that. You need to see if it is worth the investment over the years.

Consider The Appreciation Of Your Property Over The Years

There are two ways to ensure that the value of your property will increase over the years. Firstly, research the neighborhood (like you did with the evaluation) and see if the market rate of the homes in the area has increased over the years. This is market appreciation and it means that your rental property’s value will rise over time. Secondly, if you plan to do repairs or renovations, it will further enhance the value of your property. You have to assess how what repairs or renovations you are planning to do in future. These two factors will help you understand the appreciation of your property in the years to come.

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

Unison Realty Group Ltd.

Calgary’s Choice for Property Management & Rentals

For any questions or enquiries contact us:
Phone: (403) 219-3000

Email: [email protected]

Website: unisonpropertymanagement.ca

Before you start with the search, you should understand the process thoroughly and the requisites. This will simplify the entire process of home buying too. In this article, you will learn about important requisites and steps that you should be aware of before buying your own home property.

Continue reading “Understand the Home Buying Process:”

When deciding on a new home there are a lot factors to consider. Both renting and home buying have some advantages and disadvantages. While making a choice between the two, it is important for you to go through all the factors and decide what works best for you.

What To Consider Before Buying Or Renting

How Long Do You Plan To Live In Your Home

When you are buying a home, you need to make up your mind that it is for a long-term stay. Unlike apartments, you cannot change your home often. If you are not fully committed to a location then renting may be the better option for you as it leaves you the freedom to fall in love with an area and stay put or move on to another home if you feel a new location is more suitable.

Compare The Cost of Renting or Buying

Money is the biggest factor while making the decision to buy or rent. Before signing that contract, take a few hours and find out more about the money you have to pay every month. Home buying doesn’t just include monthly mortgage payments. You need to take HOA, property tax and maintenance fee into your consideration too. If you don’t like a long term commitment for investment, then renting is suitable for you.

Property Maintenance and Repairs

When you own a home, you need to take care of the maintenance. No maintenance is required if you are staying in an apartment. This one is a biggest advantage of renting.

Tax Advantages of Home Ownership

A mortgage loan can also save you a few bucks with better tax benefits. Homeowners can deduct their mortgage interest payments and property tax payments from their income tax. Eventually, it reduces the final cost of homeownership. This is one important advantage of home ownership

Speak To Us About Any Residential Rental Property Questions You Have.

Unison Realty Group Ltd.

Calgary’s Choice for Property Management & Rentals

For any questions or enquires contact us:

Phone: (403) 219-3000
Email: [email protected]
Website: https://www.unisonpropertymanagement.ca/

By Manuella Irwin, a moving industry professional, author and writer. Posted on Moving Guides

Read more: http://www.mymovingreviews.com/move/moving-during-holidays

Although we do try to plan almost every step of our life, sometimes things happen all of a sudden. Life surprises us in the most amazing ways.

Relocating is an important event that is often stressful and annoying, especially if you are moving away from home during holidays. Over holidays such as Christmas, Easter, The Independence Day, most people have a few days off. Moving during the holiday season is quite a challenge. So, we’ve prepared for you a complete how to move during holidays tips guide to help you have a smoother relocation experience. You may not have much choice and time as well, but if you are organized things will run smoothly.

Moving during holidays seems a rather frustrating activity, but if you have to do it, then stop wasting your time. Get ready for your holiday relocation!

Find A Holiday Moving Company

While searching for a mover over the holidays, remember to mention about your plans to move during the vacation time. There are a lot of movers out there, but few are performing relocation trips during holidays. The first thing you should take into consideration is that your move is more likely to cost much more than a regular move. Since most of the personnel would take a few days off during the holiday, it is likely that the holiday moving companies run on a short staff.

When booking your moving company, ask them for a written moving price quote. Actually, you should ask your movers to visit you at home for an in-house moving estimate. This way you can discuss every detail in person and you will get a lot more accurate moving cost estimate. Your movers will also be better prepared for the moving day. Make sure you understand all moving fees and expenses included in your final moving costs. Here is a complete list of the most popular hidden moving costs.

Beware that some furniture items can be carried out only through the windows (often referred as hoisting by the professional moving companies). Let your movers know about all specifics around your move in advance to avoid surprises. Set your moving budget right. Be prepared to spend extra money if you are about to move during holidays. Keep in mind that you can hire a full service moving company and book a luxury moving service option, so you can spend the vacation with your family, while the movers do the complete relocation.

Now it is even easier to estimate your moving costs no matter of your desired moving dates. Use our fast and easy moving cost estimator for an accurate cost calculation.

Research Your Holiday Mover

Hire a professional holiday mover and enjoy your smooth trip. Make sure you research your moving company online to avoid unpleasant surprises during and after your relocation.
Hiring a licensed and insured professional mover for your holiday relocation is a must. You might be on a short deadline, but don’t risk booking inexperienced, or even rogue movers. Here are some tips that will help you to choose a reputable holiday moving company and avoid moving scams:

Check the Federal Motor Carrier Safety Administration website to find out if the particular moving company is registered and licensed. The U.S Department of Transportation obliged all registered moving companies to follow certain safety rules and regulations.
It’s a good idea to run a check on your moving company at Better Business Bureau website. Hiring a BBB moving company with accreditation is a plus.
Ask family, friends, colleagues, neighbors if they can recommend you a holiday mover or a professional moving company they’ve used in the past.
You may read some mover reviews online. There are many moving related forums and blogs that you can check for reviews, testimonials and complaints. Be careful when reading moving reviews – here is a complete article on how to avoid fake reviews online.
Holiday Relocation: The Packing
During holidays we usually spend our free time outside – strolling in the park, coffee with friends, going to the movies, shopping in the mall or a family dinner at the local restaurant. But since you are moving you have to do the boring packing job. Cheer up! Invite some friends to help you. It’s a holiday after all, have some fun. Spend some time with your loved ones, take breaks to chill out. Doing the packing by yourself and not by the moving company will save you a lot on the final moving costs. This way you can spend more for presents and the holiday a day to remember.

Remember to label all the boxes. You will save a lot of time and troubles when unpacking. Write descriptive labels on the boxes, the more descriptive, the better. If you have any doubts about packing particular household items, consult your mover. An experienced moving specialist will always find the best possible way to pack delicate items. Moving a piano, antiques or expensive electronics is a tough job, do not underestimate it. Leave the heavy furniture packing for the professional on the moving day. When unpacking, start with the most used items first.

Holiday Relocation With Kids
Holiday relocation with your children is quite a tricky situation. It can be a good idea to move with your kids during holidays, as they won’t miss classes. Yet, keep in mind that youngsters adore holidays. It’s time for games and a lot of fun. So, if you are considering a holiday relocation, prepare your children for the big move long in advance. Kids need time to adjust and especially for teenagers moving is a really stressful experience. However, you can make your holiday move much more pleasant. Encourage your kids to get involved in the holiday relocation. Let them help with the packing. Discuss the new opportunities that are waiting for all of you at the new place. After all, it’s a fresh start.

Moving During Christmas
Christmas is time of the year when the whole family gathers to spend the holiday together. It might be very depressing to move during Christmas. Everybody is planing the perfect Christmas and we usually don’t see it as a packing-loading-moving event. Anyway, you shouldn’t feel bad about your Christmas move. It may turn out that moving is the best Christmas present you have ever received. Remember that this holiday is all about spending time with your family. Engage everybody to help with the holiday relocation. Listen some cheering music, or go out for a walk all together. You can arrange a visit to the new city you are about to relocate to a week in advance. Visit the best notable places around your new home and explore the city.

Moving During Holidays With No Involvement

Kids love holidays. If you are moving during holidays, make sure there is enough time for fun. It is essential that you keep your kids entertained during the relocation.
Another interesting option to explore is hiring a full service moving company to do the end-to-end move of all your belongings. There are many professional moving companies that offer luxury moving services and high-end moving services that requires no involvement on your end, except covering the final bill.

If you choose this option, you can leave everything to the moving company. The movers will relocate all your household goods while you are on a holiday vacation with your family during the holidays. The moving company will do all the packing, loading, moving, driving, unloading and unpacking of all your belongings. If you choose the high-end (luxury) moving option, all your belongings will be positioned and arranged the exact same way as they were at your origin location. In a case like this, movers use cameras to capture the positioning on your furniture, so they can reproduce the same arrangement at your new place, while you are enjoying your holiday with your kids and family.

To sum up, moving during the holidays has its pros and cons. It’s up to you decide what is the best time to move. Moving during the holiday season can be as easy and enjoyable as you make it. It is the people that make our holiday, not the place.

Read more: http://www.mymovingreviews.com/move/moving-during-holidays

You’ve just closed your house purchase-now what? Buyers have lots to do, besides unpacking and making minor repairs.

They include:

Getting names and addresses, payment dates, account numbers and amounts to pay for the mortgage, taxes, condo maintenance and utility charges.
Notifying everyone about your change of address-from the post office to credit card companies to the provincial health insurer.
And don’t forget the provincial driver’s license and motor vehicle branch; failing to do so could lead to a fine.
Where”911″doesn’t exist, obtain the emergency numbers of police, fire, ambulance, hospital and poison information centers.
Determine garbage and recycling days.
Arrange to get the interest on your deposit, if your offer provides for it.
And most importantly, change the locks, or at least the tumblers, on all doors-who knows how many keys still remain in circulation?
Consider upgrading the locks to deadbolts, for greater home security.

One of the most confusing areas of real estate is the GST. Most resale homes are exempt from GST, but buyers should still ask the appropriate question and deal with it in their offer to purchase, to be safe.

For brand new homes and condos, the offer should say whether the purchase price is “Plus GST” or “GST Included’; and who gets the GST new home rebate.

Buying a vacant cottage/chalet lot or a hobby farm is even more confusing. If an individual is selling, the sale is GST-exempt, but if the seller is a corporation, 5% GST is payable.

Residential rents are exempt from GST, as are condo maintenance fees. But GST is payable on real estate commissions, legal fees, some disbursements, and the cost of a new survey or home inspection.

If in doubt about the GST, check it out before signing an offer. Because if you’re wrong, it’s a 5% mistake.

Every real estate transaction has three key dates. Each must be clearly spelled out in the offer and adhered to-or the deal is off.

The first: the irrevocable date, how long the seller has to accept a buyer’s offer.
The second is the requisition date-when any issues arising from the title search must be reported to the buyer’s lawyer.
The last is important to both buyers and sellers-the closing date- when money, title and keys change hands.

Agreeing on it may be the hardest part of the negotiations. Whenever possible, avoid closing on Fridays, the end of the month, and before long weekends.

Buyers who close then often face delays getting keys, and a higher moving bill.
Sellers discharging mortgages can face a financial drain, too.
If the funds reach the lender late after a Friday closing, three extra days’ interest is payable-four on a long weekend.
Whenever possible, steer clear of rush hour in the registry office when choosing a closing date.

Despite what many buyers of resale homes and condos believe, interest isn’t automatically paid on a deposit in a real estate transaction. They only get interest on their deposits if a clause saying that appears in the offer to purchase.

Then three criteria must be met-the deposit is at least $5,000; closing is at least 30 days away; and the buyer provides his or her Social Insurance Number. A $5,000 deposit and a thirty-day closing aren’t legal requirements, but they’re the minimum to buy a term deposit. And your Social Insurance Number is needed so you can be sent a T5 slip after closing, since the interest earned on a deposit is taxable.

Builders don’t often pay interest on deposits when buying a brand new home-but it can be negotiated into the contract.

When it comes to interest on deposits, remember-if it’s not in the offer, it’s not in the deal.

Deposits serve two purposes-part payment of the purchase price, plus an assurance the buyer will close the deal. Usually an uncertified cheque accompanies the offer; when a deal is finally struck, the cheque is certified and the funds held by the listing agent.

If buying privately, be sure the deposit is paid to the seller’s lawyer in trust; otherwise, if the deal collapses, recouping your money from the seller is no easy task.

How large should the deposit be?

Buyers like to pay the smallest amount possible, to avoid tying up too much money; but sellers want a large deposit, as a sign of the buyer’s good faith.
Real estate agents prefer big deposits, also, since the larger the deposit, the easier for them to get paid after closing.

While there’s no “legal answer” as to what’s a proper deposit, 5% of the purchase price is not uncommon today.

When buyers and sellers strike a deal, loose ends often need tidying up before the buyer will proceed. Typical examples: financing, a home inspection, and selling the buyer’s home.

When that’s the case, a conditional offer should be signed one made “Subject To” these conditions.

If the buyer satisfies them within the allotted time, the offer becomes “Firm And Binding”. If not, the deal is off, and the buyer gets the deposit back.

As a buyer, make sure you understand how to keep the contract alive or kill the deal.
As a seller, if you face a lengthy period of legal limbo with an outstanding condition, add an escape clause to the offer.

If another acceptable offer is presented, it’s decision time for the firs buyer-waive the condition and close the sale or lose the deal. Buyers, remember: conditional offers give you flexibility, but unconditional offers always get a better reception with sellers.

Buying and selling real estate has become very specialized the last few years. So when looking for a lawyer/notary, make sure it’s a real estate lawyer/notary-one who spends most of the time closing real estate deals.

And don’t wait until after the deal is struck before choosing a lawyer/notary; then you lose the valuable input he or she can provide scrutinizing the offer before your pen hits the paper.

Since a lawyer/notary’s role is part advisor and part confidant, a good rapport with your lawyer/notary is a must.

How can you find a good real estate lawyer/notary?

Ask friends, family, neighbors and co-workers who they’ve used in the past; and get several names from your real estate agent or banker, too.
Never choose a real estate lawyer/notary just because their fees are the lowest.
As with any other professional, quality and experience are the key, not just price.

If you’re buying a resale home and don’t want to inherit the seller’s headaches, a home inspection is a must. Usually the offer to purchase is conditional on the buyer being satisfied with the inspection-so if the house fails the grade, there’s no deal.

Home inspectors examine the major systems in the house-plumbing, electrical, heating-plus the roof, foundation and insulation- and give the buyer a written report. The cost? Several hundred dollars, a small price to pay for the information provided.

But there’s one problem with the home inspection industry; it’s unlicensed, ungoverned, and unregulated. Anyone can establish a home inspection business with absolutely no training or credentials.

So before hiring a home inspector, check out his or her background and expertise as carefully as a good inspector will check out the house. Ask friends, family or your real estate agent for a referral.

And make sure the inspector has liability insurance, just in case a mistake is made; such as a hole in the roof or a leaky basement being overlooked.

The key to that fabulous house warming gift from the federal government: The Home Buyers’ Plan, better known as the “RSP Program”. It lets first-time buyers, including anyone who hasn’t owned a home in the last 5 years, borrow up to $20,000 per spouse from their RSP interest-free to buy a home, to be repaid over the next 17 years. But only funds that have been in your RSP at least 90 days can be withdrawn.

To get that free cash, take advantage of your unused RSP limit Say you’ve got $3,000 in unused RSP contributions, have saved $3,000 for a down payment, and plan to buy a home in the next few months.

THE PLAN:

Deposit that $3,000 into your RSP.
Keep it there at least 90 days, and remove it under the Home Buyers’ Plan when you buy your house.
If you’re in the 40% tax bracket, you’ll get a $1,200 income tax refund when filing your next tax return, simply by parking your down payment money in your RSP for at least 90 days!

Which comes first-the purchase or the sale-is the greatest dilemma facing homeowners planning to move-up. If you choose to buy first, make sure the offer to purchase is conditional on selling your current house. That way, if you sell your house, both deals proceed; if not, the deal is off, and you won’t be stuck with two homes.

Selling first, though, will give you considerable peace of mind. Knowing how much money you’ll get on the sale will help you establish a price range for the new home. Selling first allows you to negotiate the purchase more vigorously, too, since unconditional offers carry a lot more weight with sellers.

Market conditions are another important consideration in deciding which route to follow.

In a seller’s market, you’ll probably do better selling after you’ve bought.
But in a buyer’s market, it makes more sense to sell first, and then buy.

A Condominium is more than a “Lifestyle”; it actually describes a form of land ownership.
In both high-rise apartments and townhouses, buyers own a specific residential unit, plus a percentage interest in the “common elements” lobby, hallways, elevators, parking garage and grounds.

Condo units are bought, sold and mortgaged separately; so owners are responsible for their own taxes and mortgage, plus the maintenance and repair of their units.

A monthly fee is also paid to maintain the common elements and to operate the condo corporation. Part of that money goes into a reserve fund, for major repairs and the replacement of major assets.

Townhouse maintenance fees are generally lower than in a high-rise as apartment condos have elevator banks and underground garages that need ongoing maintenance and repair.

Despite the conveniences condominium living provides, rules are enacted to regulate activities-everything from keeping pets to parking cars.

To know more about those restrictions, and the financial health of the project, make your offer to purchase conditional on reviewing the condominium documents.

Newly-built homes have enormous appeal.
If you decide to buy a new home, you must know, that you can bring your own realtor, because he will be working in your best interest.
Buyers are captivated by the enchanting thoughts of a home that’s bright, fresh, clean, modern and, of course, new.
Buyers can customize it to taste-interior colors, decor and finishing.
Often you can choose from a variety of models and styles, instead of having to simply buy “what’s there”.
Unlike resale homes, many brand new homes have a warranty covering defects in materials and workmanship, and leaky basements.
And a new survey is almost always available.
Buyers can get good value buying from a builder-by including extras, options and upgrades in the price plus, in some cases, special mortgage financing offers.
However, before you purchase a brand new home, be sold on the builder; investigate its reputation, its background, and the quality of its work.
Check with the local home builders association or provincial warranty program for information.
And don’t be afraid to bang on doors and ask other buyers what they think of their builder.

While many buyers shy away from used cars, that’s not the case with “used” or resale homes.

As a resale home exists, you don’t have to visualize what it will look like-you see what you get, and get what you see. Also, resale homes are usually sold in more established communities and neighbourhoods.

That means recreational facilities, transportation links, support services, schools and shopping centres are already in place.

Many people believe they get better value buying a resale home, since appliances, light fixtures, floor and window coverings can be negotiated into the deal. Improvements like fences, paved driveways and landscaping automatically go with the house, too.

The survey needed by both you and the lender often is available from the seller, but make sure it’s up-to-date. You can reduce the risk of being saddled with hidden defects, by having a home inspector examine a resale home before the offer becomes firm.

For buyers on a tight budget, a resale home in move-in condition is always an appealing choice-you even avoid the GST!

Before shopping for a home, every buyer needs a home buying strategy-a game plan-that reflects his or her unique needs and wants. That means developing a pre-determined shopping list of what a house must provide (the needs) and the “would-like-to-haves” (the wants).

To properly prepare a home buying strategy, homebuyers must first examine their lifestyles and budgeting priorities. Then do their homework-asking questions, demanding answers, researching everything from closing costs to mortgage financing, and making all the major decisions-before an offer to purchase is ever signed.

In fact, signing an offer is the climax to the home buying process, not the first step
When buying a home, preparation and planning are the key to success. With a home buying strategy, the house you buy should satisfy all of your needs and as many wants as possible, and be one you can afford to buy and carry each month.