Home Buying Process

what is a mortgage contingency

What is a Mortgage Contingency? New Homes Alberta Explains

Navigating real estate transactions can feel overwhelming, especially for first-time buyers. One term you’ll encounter is the mortgage contingency—a vital clause in purchase contracts. This provision safeguards buyers by letting them exit the deal if financing isn’t secured by a set deadline. Without it, losing earnest money deposits becomes a real risk.New Homes Alberta, a trusted Canadian real...

home buying timeline

Home Buying Timeline Explained by New Homes Alberta

Navigating the real estate market can feel overwhelming, especially for first-time buyers. This guide breaks down the property purchase process into clear, manageable steps. Whether you're exploring mortgages or preparing to make an offer, understanding the timeline helps avoid surprises.New Homes Alberta simplifies every phase, from initial research to closing day. Their team provides expert advice...

what is an open house

What Is An Open House: A Complete Home Buyer’s Guide

Looking for a home can be tough, but open houses help. They let you see homes for sale without an appointment. This guide will cover what you need to know about open houses and their benefits for Canadian buyers.Agents host these events, which last 1-3 hours. They give you a chance to see if a home fits your needs. Sellers leave, so you can picture yourself living there.New Homes Alberta knows buying a...

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