what is a title search

What Is A Title Search: Property Due Diligence Guide

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...

how to buy a house with bad credit

How to Buy a House with Bad Credit | Canadian Guide

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...

Mortgage Refinancing Options

How to Get Rid of PMI: Complete Guide to Drop Mortgage Insurance

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,...

how much does it cost to refinance a mortgage

How Much Does It Cost to Refinance a Mortgage | Guide

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...

Land Contract Explanation

What Is A Land Contract: Property Buying Guide

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...

real estate investing for beginners 2025

Real Estate Investing for Beginners 2025 | Canada Guide

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,...

Canadian Real Estate Transaction Insights

How to Buy a House Without a Realtor in Canada

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...

what does pending mean in real estate

What Does Pending Mean In Real Estate – Property Guide

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...

how to find property lines

How to Find Property Lines: Easy Guide for Canadians

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...

what to look for when buying a house

What to Look for When Buying a House in Canada

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...

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