Important News for Buyers and Sellers in Calgary

If you're looking to buy a home in Calgary or surrounding areas, click here for a full home search. If you're looking to sell and curious about the market value of your home, click here for a free Home Value Report. Please feel free to contact me at (403) 701-8998 for a free real estate buying or selling consultation to answer any of your questions. 
Today I am going to be addressing some issues that a lot of clients in Calgary have been asking me about. The seller's market that we had in 2014 has faded, but that's not the only thing that you should know.
My advice to buyers in Calgary is to go ahead and get yourselves Pre-qualified for a mortgage loan. This is a special designation that sellers love to see because they know you are serious about
purchasing and that if you extend an offer on a home that you will follow through with it. The verification process has become harder, but if you pass it will only make you stand out more. Your offer should rise to the top with a pre-qualification letter.
If you are a seller in Calgary I would propose that you make sure that the condition and price of your home are comparable. If your price is not right, then you will not be able to attract buyers to your property. Also, if an appraiser from a bank comes in and his price doesn't match your value, then there will be problems and the sale could fall apart.
If you would like to know more about our local market here in Calgary, then please do not hesitate to contact my team for more information. We would be happy to help you.