2025

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...

Exploring the Canadian real estate market in 2025 is full of exciting opportunities. It's now easier for new investors to get started. Many different ways to invest in property are available.The Canadian real estate scene is always changing. This change brings new chances for investors to grow their wealth. New rules and market trends open doors for those new to real estate investing.At New Homes Alberta,...

More and more Canadians are choosing to buy homes without a realtor. They want to save money and have more control over the purchase. New Homes Alberta sees this trend growing, with buyers and sellers handling things on their own.Buying a house without a realtor means you need to plan carefully and do your homework. You'll take on tasks that real estate agents usually handle. But, you could save a lot of...

When looking into what does pending mean in real estate, buyers and sellers hit a key point. New Homes Alberta says pending is when a seller has agreed to an offer, but the deal isn't done yet. This stage is a complex move from listing to closing.In the pending phase, homes are technically off the market while certain conditions are checked. The real estate contract status has many steps. These steps...

For Canadian homeowners, knowing your property lines is key. It stops legal fights and helps with home upgrades, gardens, and selling. Property lines mark where your land ends and others begin. They might not be seen, but they're vital for managing your property. Whether you live in Alberta or Ontario, knowing your lines can save you time and money. Finding your property corners needs research and...

Buying a house in Canada needs careful planning. In 2022, nearly 2 million homes were sold. This shows the market is lively and competitive. Knowing what to look for is key for making smart choices.Looking for a house is more than just finding a pretty place. Buyers must think about market trends, their finances, and the property's future value. Whether you're buying your first home or investing in real...

Buying a house in Canada needs careful timing and understanding. It's about knowing when to invest, based on market trends and economic signs. At New Homes Alberta, we know timing is everything.Experts say the Canadian housing market is looking up. Home sales might jump by 9.2% this year. This means there could be more chances to buy.When to buy a home depends on many things. Season, economy, and your...

Finding out who owns a property in Canada might seem hard. But, with the right help, it's easier than you think. If you're looking to buy, invest, or just curious about real estate, knowing who owns a property is key.Property records are kept by government offices in each province. They offer a clear way to track land and property info. New Homes Alberta suggests several good ways to search for property...