Save Money When Buying Calgary Real Estate

A guide to saving thousands of dollars when buying a home

Buying a home is one of the most expensive purchases you'll ever make, and by following some simple guidelines you can stand to save thousands of dollars. If you're like most people shopping for a home you're probably trying to match a home that fits your needs perfectly, with the lowest possible price.

When looking for a home yourself, it's important to know how previous successful homebuyers have purchased their homes for thousands of dollars below a seller's asking price. Skills like negotiation are handy, but the fundamentals are often overlooked. This report will cover the following:

Steps for saving thousands when you buy a home
How sellers price their homes

Some simple steps that will save your thousands when you purchase a home

Going into the home-buying process with some basic knowledge in the area can make all the difference. The following are some simple, but often overlooked, points that every homebuyer should take into account.

Be sure about what you want

This seems like a simple point, but many people make the mistake of confusing what they need with what they desire. Obviously the goal of shopping around is to find a property that fulfills both, but it's important to know that in the real world this situation doesn't always occur.

When the purchase price of an item exceeds $10,000, people commonly let emotion and desire play a big role in their decision-making processes. When you're looking at home you'll find that you're drawn to certain properties for completely different reasons; some based on needs, and other based on desires. Is it better to buy the house with the basement suite for rental possibilities, or the one with more bedrooms to better accommodate a growing family? Many people make the wrong decision at this step and end up regretting their purchase for years.

It's vital that you satisfy your needs first, and your desires second. Oftentimes writing down both can aid in the home-buying process.

Shopping with powerful help

You should make sure that your agent offers a buyer profile system to get you all MLS listings that meet your exact requirements. Using one of these systems can greatly increase your chances of finding that perfect home as you will be made aware of all existing and new listings that meet your requirements.

Understand how sellers set their asking price

Sellers price their homes in several different categories and it's important to consult your agent about the price of a property. Keep in mind that roughly 75% of all homes on the market are priced 3-5% above fair market value.

See below to browse others topics in our Buying Guide.

Buying Information

We hope this Buyers Information Guide will assist you in your Calgary home purchase. If you have any questions about buying a Calgary home, or would like to view a listed property, please don't hesitate to contact us at 403-278-8899, or fill in the Buyers form below.

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Buyers Form

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Personal Information

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Last Name *

Contact information

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Address

Address		City
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Property Information

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Moving Details

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Describe your Dream Home.

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Terms of Use Agreement shall not impose a financial obligation on the Registrant or create any representation agreement between the Registrant and the Participant.

All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Disclaimer: Information herein deemed reliable but not guaranteed by the CREB and EREB.

Last updated on: 2012-02-10 00:18:44

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Joe took the time the day after I called to sit down with me and evaluate my needs; he was sending me listing shortly after. I appreciated the straight shooting honesty that Joe came to the table with. I found him very accommodating and I truly felt he was working in my best interest. Joe worked some magic to find me a place that I an very satisfied with in a quiet community.
Brian Meagher