March 2025

Looking for the perfect manufactured home can change your life. At New Homes Alberta, we help you navigate the complex process of buying a mobile home in Canada. The mobile home market is full of affordable options, with 280 homes listed on Centris.ca as of July 2023.Manufactured homes offer a new way to own a home. They are flexible and affordable, with prices from $15,700 to $279,900. The median price is...

Buying a home in Canada needs careful planning and a good grasp of real estate. Making an offer is a key step for those looking to own a home. It combines being financially ready with knowing the legal steps.To make an offer, you need to know more than just the property. You must understand the market, be financially set, and have good negotiation skills. These are all important in Canada's real estate...

Dealing with timeshare ownership can be very tough. Many people in Canada are stuck in contracts they don't want or can't afford. Knowing how to get out of a timeshare takes smart planning and knowledge.The world of timeshare exit is tough. There are about 9.9 million timeshare owners in North America. Sadly, 8.4 million of them regret buying one. Also, 71% of owners feel tricked when they first bought...

Understanding the Canadian real estate market means knowing about the mortgage note. It's a key document that outlines your home loan terms. This guide will explain what a mortgage note is and why it's important for owning property in Canada.New Homes Alberta helps homebuyers understand mortgage documents. Our team knows a lot about mortgage notes. We offer advice to help you make smart choices when buying...

Buying a foreclosed home in Canada needs smart planning and knowledge. New Homes Alberta knows it's tough for investors and buyers looking for deals. They want to learn how to find affordable homes.Foreclosure happens when owners can't pay their mortgages. This lets lenders take back and sell the property. These homes can be great deals for those who know how to find them.This guide will show you the world...

A property title search is key in real estate deals. It shows the legal status and history of a property. New Homes Alberta says it's vital to do a full title search to safeguard your investment. It helps find any risks before you buy.Experts look into old records to check who owns the property. They also find any liens and make sure the property can be sold legally. This way, buyers know everything about...

Buying a house in Canada with bad credit can seem tough. But New Homes Alberta is here to help. Your credit score doesn't have to stop you from owning a home.In Canada, credit scores range from 300 to 900. Scores below 560 are seen as bad credit. Even with bad credit, you can find loans to buy a home. It takes smart planning and knowing about different mortgage options.Many Canadians buy homes despite bad...

Private mortgage insurance (PMI) can be a big financial weight for homeowners with smaller down payments. Knowing how to drop PMI can save you a lot of money each month. When you buy a home with less than 20% down, lenders often ask for PMI to protect their investment.Getting rid of PMI is not just a dream; it's something many homeowners can make happen. It takes careful planning, knowing your loan terms,...

Refinancing a mortgage can be a smart move for homeowners in Canada. New Homes Alberta knows it's key to understand the costs of refinancing. This helps homeowners make better choices about their home loans.The cost to refinance a mortgage can vary a lot. It usually falls between $2,500 and $3,000. Homeowners need to get ready for several expenses that affect the refinancing process.When refinancing, it's...

A land contract is a special way to buy property where the seller finances the deal. It lets buyers own property without needing a bank loan. This method is flexible and works well in many real estate markets.In a land contract, the seller is the main lender. This helps buyers who can't get bank loans. They pay the seller in installments, building equity and living in the property.New Homes Alberta helps...