STEWART J LOWE & ASSOCIATES

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Thorncliffe NW 4 level split family home fully finished with 2 offices!

Buying a Calgary Home Doesn’t Have to be Stressful.


Buying a home in Calgary  or Area is one of the main goals of many individuals. However, many also find the thought of purchasing a home to be a bit stressful. It doesn’t have to be, so let us look what brings on the stress.

The first factor that scares many is simply the money involved. A home is probably the most expensive asset an individual stands to buy in their lifetime. So it is easy to see why the money involved can be a significant stress factor. Since so much money is involved, many individuals dismiss their goal of buying a home as just ‘wishful thinking’. However, with the right advice on a home loan, the dream of buying a home can easily become a reality.


Today in Canada home loans have made home ownership a realizable dream for everyone. All you need to get started is to take the necessary steps to fit the criteria set down by lenders, and have enough money for a down payment. Mortgage rates are still at all time lows and not expected to rise anytime soon, and we can certainly point you in the right direction to get the best options available.


Another stress factor for buyers is the fear of paying too much for a property. The way to avoid overpaying for a property is to study the market thoroughly and look at recent sold’s of comparable properties in the same area. At this point you feel the benefit of our 16+ years in Calgary and Area Real Estate.


Another fear for stress is the fear of property values decreasing. And this year with the still weaker oil price buyers have become more aware of this possibility. But prices have not altered that much in Calgary since January 2016 and although homes in some cases take longer to sell most sellers although willing to work with a buyer know the value of their property. Yes they have to be realistic, but that does not mean that everything is a fire sale. The purchasing of any property should be viewed as a long-term investment.


For some buyers it is the fear of buying a “Money Pit” with problems that could be costly to rectify down the road. We always insist on an inspection with our buyers by bringing in another professional, The Home Inspector. Inspectors identify any current problems or any things that could be a problem in the future. They can walk you through it, they will give you any red flags they spot, and you receive an online and hard copy of the report. If the problems are significant you have options to get the seller to price adjust, or not waiver you condition and the deal collapses.


Experience matters

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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.
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