Closing costs for buying a home in Calgary, Alberta can vary depending on a number of factors, such as the purchase price of the home, the type of mortgage you are getting, and the specific costs associated with the purchase.

Here are some common closing costs you can ...

Here are some reasons why an initial deposit is required when buying a home:

Shows good faith: An initial deposit shows the seller that you are serious about buying the property and that you are willing to put some money on the line to show your good faith.

Locks in ...

The mortgage payout penalty is the amount that a borrower has to pay if they want to pay off their mortgage before the end of the term. The penalty is calculated based on the terms of the mortgage contract and can vary depending on a number of factors, including the ...

When hiring or referring real estate professionals, it is important to do your research and make sure the person you are considering is licensed and has a good reputation. You can check with the Real Estate Council of Alberta to see if the professional is licensed and if there are ...

During a recession, when the economy is contracting and businesses are struggling, there is typically a decrease in demand for real estate, which can lead to a decrease in property prices and rental rates. This is because people tend to have less disposable income during a recession, and may be ...

Housing  Starting January 1, 2023. Government of Canada 

Anti Flipping Tax  - Crack down on house flipping by ensuring that profits from properties held for less than 12 months are fully taxed, starting in 2023, with certain exceptions for unexpected life events (e.g. death, divorce). This measure will ...