Blog - MaxWell Realty Admin

How To Buy A New Home in Edmonton Even If You Can’t Afford It

Owning a house is a great investment. But buying a house in Alberta can be difficult if you do not have enough money to own it. Is this stopping you from buying a new house? Don’t worry! With proper planning and an expert agent, you can buy a new house even if you can’t afford it.

Buying is a long process. Finding the right house, getting the down payment, performing legal formalities, and many more hectic tasks to be done. But what if you do not have enough money to buy a house in Edmonton? Here are some tips that will help in a buying a house in Alberta.

Improve your Credit Score

Before going for a loan, it is important to know what your credit score is. A good credit score helps to get your mortgage approved. Hence, it is important…

2695 Views, 0 Comments

Difference Between A Porch, Patio, Veranda, And A Home Deck

The decision to buy a house in Edmonton is a big one. When you decide to buy a home, you are choosing a place where you will be living for years to come. What matters in such a decision is the kind of home you choose to buy. There are various types, styles, and designs of homes available for sale in Edmonton. When selecting beautiful houses, one often gets confused between a porch, patio, veranda and a home deck. While they all are outdoor additions to homes, there is a difference between porch and patio and similarly, between veranda and home deck.

Porch

• Location – A porch, also referred to as front porch is an outdoor extension at the entrance of the house, covered with a complete or partial roof.

• Built – A porch, though…

3566 Views, 0 Comments

Why Should You Hire An Real Estate Agent Even If You Are Planning To Rent

What many people do not consider when looking for a house for rent, is the need to hire a real estate agent. Real estate agents are only considered when buying or selling a house. But why not consider them when renting? There are various benefits of hiring a real estate agent in Edmonton when renting a house too. Have a look at some of the benefits and decide for yourself.

Provides a Professional Approach

The major drawback when you select a house for rent on your own is the communication you have with the landlord. Since you have not worked in the realty market previously, you may lack the professional approach and skill to close the deal. Furthermore, if you are not careful, you may end up getting a bad deal due to your lack of experience. A…

2353 Views, 0 Comments

Dos And Don’ts Of Buying Rental Property In Alberta

Investing in real estate property and putting it out for rent is one of the many ways of earning income. A lot of planning and execution is required before renting a property in Alberta. Right from the initial choice to finalization of your purchase, you must keep a few things in mind. The geographic location of your land and accessibility to basic facilities such as markets and schools are important factors to consider before purchasing a rental property. Here are a few dos and don’ts of renting a property in Alberta:

Do’s

1. Do keep your budget and rental amount in mind

There are numerous costs incurred while buying rental property. The overall market value of the property keeps fluctuating as per demand and supply. Conduct an in-depth…

9177 Views, 0 Comments

4 Ways To Make The Most Of Your Basement

Is your basement space unused and you wish to utilize it to make the most of it? If yes, then you have landed at the right place. In this article, we have listed a few basement remodeling ideas, apart from a boring secondary living room, that can help you use your basement for the best-suited purpose.

1. Laundry Room

   

   If you aren’t sure where to keep your washing machines and laundry chargers, you can consider putting them in your basement. Your unused basement space can be an amazing laundry room with ample space for your electronics as well as your laundry tasks.

2. Home Theater

   Always wanted a home theater of your own but couldn’t have one due to space constraints? Don’t live without a home theater anymore. You can convert your…

2794 Views, 0 Comments

5005 31 Avenue, Edmonton, Alberta

I just finished uploading this Condo for sale, 5005 31 Avenue, Edmonton, Alberta

Beautifully renovated 3 Bed unit with large patio facing SE! Lots of natural light, 3 large bedrooms, 2 Full bathrooms and newer appliances. Master bedroom has a large walk-through closet and the ensuite bath has a jetted Jacuzzi tub! In suite landry is also included for your convenience. Large corner unit!

2058 Views, 0 Comments

4 Reasons You Must Renew Your Lease

Is your home lease due to end in the near future? If yes, you surely must be confused whether you should renew your home lease or not. To guide you through this confusing phase, we have listed a few reasons why you must renew your home lease.

1. Easier than New Home-Hunting

There is no question to this that renewing your home lease is a lot easier than searching for a new home and moving there. Finding a new house in Edmonton and moving into it is challenging, time-consuming, and you will have to undergo several processes. Whereas, for renewing the lease, in most cases, all you have to do is sign another lease.

2. Saves You Money

Moving to a new house is an expensive affair altogether. From security deposits and downpayments…

2636 Views, 0 Comments

How to Respond to a Low-ball Home Offer

When you put your house for sale in the Calgary real estate market, receiving a low-ball home offer is disappointing. While you may have a certain price in mind for your home, potential home buyers tend to quote their price in the process of negotiation. A low-ball home offer is typically a price quoted way below the price quoted by the seller. Whether you like it or not, you have to reply to a low-ball home offer. Here are a few tips to help deal with a low-ball home offer.

Keep Calm

The first reaction to a low-ball home offer is anger and disappointment. Having spent so much for your house and putting it up for sale in the best condition, you might expect the best offers and buyers to agree to the price set by you. However, a low-ball home offer…

2616 Views, 0 Comments

13441 127 Street, Edmonton, Alberta

I just finished uploading this Condo for sale, 13441 127 Street, Edmonton, Alberta

55+. This beautiful self contained unit is has a unique open concept layout with a large kitchen overlooking the living room and a massive south facing patio! Master bedroom is also south facing with a huge amount of closet space as well as floor space. Ensuite laundry, dining area and a large bathroom are just some of the features of this unit. This building has multiple rec rooms for guests and visitors, a convenience store attached, exercise area, a huge courtyard and more. This building makes life easier with a registered nurse on-site as well as doctors that visit regularly. They have hair dressers, nail technicians an estheticians that regularly visit on-site as…

2284 Views, 0 Comments

Different Mortgage Frauds You Should Be Aware Of

The biggest risk when buying or selling a house in Calgary is the risk of getting cheated. It’s shocking how people victim of mortgage frauds with such ease that the buyer or the lender is not aware until the time they are cheated. You might feel that catching a mortgage fraud is difficult. However, if you are aware of the common types of mortgage frauds, nobody can cheat you. To avoid mortgage fraud in Calgary, here are a few common types mortgage frauds you should be aware of.

For Lender

False Income Fraud

You might be aware that to qualify for a mortgage, there are certain conditions. One such condition is having a steady income as it ensures timely payment of the installments. Often when people are presenting their income statements to the…

2311 Views, 0 Comments