Edmonton Real Estate Blog

What is Involved in the Home Closing Process?Buying a West Edmonton home can be a complex experience in and of itself, even when things roll smoothly. While the term ‘closing' would seem to be the easiest part of the process, there's quite a bit of paperwork and back-and-forth negotiations that take time and experience to streamline. As a buyer, here are a few aspects of the home closing process that should be expected.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Know Your Home Closing Team

Be prepared to work with a number of individuals throughout both the home buying and closing procedures. Specific parties typically involved will include:

  • Real estate agents or solicitors for both
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How to Choose the Best Home for YouWhen it comes to buying a home, most Central home buyers know to keep some degree of flexibility when they're on the hunt. However, just because a buyer is open to different types of properties, doesn't mean they don't have preferences to help guide their search. For buyers just getting started, here's how to create the ultimate wishlist for a home.

Region, Price, Style

To a certain extent, the lender dictates many of the wishlist components. Lenders essentially tell buyers how much they can afford, which also tells them the areas where they can afford to live and the school systems they're likely to access. But just because a wishlist is limited doesn't mean buyers don't have some degree of control. Here are a few questions to ask when sketching

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Tiny Home Information for Future InvestorsAre you thinking about purchasing a tiny home? If so, you have much to think about. While there can be many advantages to owning a tiny home, there can also be disadvantages. Understanding the advantages and disadvantages can help you decide whether this kind of investment is right for Stony Plain homeowners.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

What is a Tiny Home?

A tiny home is a smaller-than-normal home, usually delivered on site by a trailer. Tiny homes are similar to mobile homes, but smaller, with barely more than an open living area, a lofted bedroom area, and a bathroom. People who live in tiny homes often choose to do so because

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5 Bad Trees You Need to AvoidA tree can be a great addition to a Central Edmonton homeowner's yard or garden, but planting a tree at random can be a big mistake. A tree may be pretty, but it can potentially have problems, which can negatively affect the value of a home. There are many of these bad trees homeowners plant in their yards without realizing it. Here are some of the most common problem trees homeowners plant in their yards.

Chinese Tallow Trees

Chinese tallow trees, sometimes called popcorn trees because of their flowers, look like popcorn kernels. The Chinese tallow tree is an invasive species, but they became popular ornamental trees because the grow to be an average of 20 feet tall. Chinese tallow trees threaten native species because they’re resistant to

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Choosing a Fence for Your Home? Here's What To KnowFencing is more than just functional - it can also be aesthetically attractive. Northeast Edmonton homeowners who would like to install a fence around their property should consider how the fence looks, how it is maintained, how long it will last, and what purpose it needs to serve. If you're thinking about installing a fence around your home, here's what you need to know.

Wood

Wood fencing is made up of pickets, which can be placed close together or spaced farther apart. Wood pickets with no space between them will create total privacy for the homeowner. Spaced farther apart, wood pickets keep out wandering pets but do not offer much privacy. Wood must be re-stained or painted periodically. Well-maintained wood is attractive.

Wood fencing is

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How Does an Earnest Money Deposit Work?When home buyers are interested in purchasing a property, they need to make an offer to the seller. In the purchase contract, buyers typically offer to make an earnest money deposit in good faith. There are rules and conventions concerning how deposits are handled, and both buyers and sellers must abide by them. With this information, Northwest home buyers will have a better understanding of the amount they will pay in a deposit, and what happens to it once they put the money down.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

What Is an Earnest Money Deposit?

A purchase offer is an offer to buy property, but almost anyone can make one. Sellers want to be sure the

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4 Things to Know About Floor PlansMany prospective homeowners look at the floor plan of a home before making a purchase. This can help them to determine if it will meet their needs, as well as the general layout of the house. Reading a floor plan can be complicated, particularly since the small size often requires abbreviation. With this information, prospective home buyers in Stony Plain or elsewhere will understand how to read a floor plan, what to look for as they browse, and how to compare different options.

1. What Buyers Should Look For on the First Read

The floor plan is intended to give people a rough representation of how the property looks or will look once completed. Once buyers get used to reading plans, it can be easier to get a sense for what is included. At first,

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What You Need to Know About Renting Before Becoming a LandlordWhether a Spruce Grove property is purchased specifically as a rental property or a home previously lived in will be rented out, there's a lot more to being a successful landlord than one might initially conceive. Properties utilized as investments require much more than securing tenants and collecting rents, and here are five key ingredients landlords should have on hand.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. A Solid Understanding of Tenancy and Rental Laws

Even if only one home is being rented, the law requires the fiscal beneficiary of proceeds to conduct their business in accordance with all applicable laws. By far, one of the most

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What Do Home Sellers Need to Tell the BuyerFrom the damp patch in the basement to the asbestos in the insulation, sellers may wonder what exactly they're required to disclose to the buyers. The general rule of thumb is to tell buyers everything. It not only limits liability, but it can also boost a Sherwood Park buyer's trust in the property they want—which may encourage them to offer a little more or to bend on their contingencies. However, for those who want a more technical explanation of their exact responsibilities, find out more about how the specifics should affect the answers that sellers give and the information they need to provide on their own.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate

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What to Do Before Buying Homes with a Septic TankA home with a septic tank in Canada can be a smart choice for any homeowner looking to cut down on their environmental impact. The odds of a raw sewage spill are lower than that of other plumbing systems. Still, there are a few things that homeowners should understand prior to buying a property with a septic system. The most important one is to research the specific building codes in the area to better understand the homeowner's responsibilities to the community.

Septic Tanks 101

Buyers should start with the most important facts to know about septic tanks:

  • Lifetime: Septic systems rarely last for longer than 25 years. If the tank is starting to edge closer to its expiration date, the buyer may need to negotiate with the seller.
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